We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Probably the most famous military aircraft of all time

I love the Science Museum in London, and there is another good reason to go there: it has an exhibition about the Spitfire fighter aircraft. Here is a nice review of it at the Social Affairs Unit blog.

Spitfire_resplendent.jpg

Do not believe the nonsense about how the RAF was not essential to preventing an invasion of Britain in 1940. It was vital, and it seems morally right somehow that the aircraft that helped to nail the Luftwaffe was not just a brilliant piece of engineering, but also drop-dead gorgeous.

Kinky Friedman takes aim at Serious Politics

I can see why people have their doubts about celebrities-turned-politicians, but my goodness, it is hard to resist the appeal of someone as funny, and as sharp as Kinky Friedman (I love Americans’ names). Jesse Walker has a brief look at his campaign to be governor of the Lone Star State. He concludes that Friedman will do Texan voters a favour by annoying the usual political parties. My main doubt would be his ability as a manager, but then frankly how much worse could he be than a professional politician who has probably not done a hard day’s honest toil since leaving college?

He may not get to the governor’s mansion in Austin, but boy, the election will be fun to watch.

Another reason to halt the War on Drugs

Scientists have observed that smoking pot may stave off Alzheimer’s Disease. Hmm. I am not a medical expert, but this is not the first time that people have claimed medicinal benefits for smoking this substance. There appears to be quite a steady drumbeat of support for the idea that marihuana may beneficial and that some of the scare stories are just that – scares. Of course, there are certain downsides to a “spot of blow”: such as a desire to suddenly consume the entire contents of one’s fridge (I speak from
experience over several years’ ago).

The War on Drugs is a disaster on many levels. Besides the encouragement to organised crime, the corruption of the legal system, and the obvious assaults on individual liberty, one of the stupidest aspects of said war has been the way in which substances like pot, which might have useful properties in dealing with certain conditions, are ruled off-limits by the law. It is high time (‘scuse the pun), that the law was changed.

Remember, when was the last time you heard of a bunch of young British youths getting into a fight because of lighting up a large bong as opposed to being blind drunk?

Samizdata quote of the day

Democracy is the theory that the common people know what they want and deserve to get it good and hard.

H.L. Mencken.

Samizdata quote of the day

“The moral and political track record of modernist artists is nothing to be proud of. Some were despicable in the conduct of their personal lives, and many embraced facism or Stalinism. The modernist composer Karlheinz Stockhausen described the September 11, 2001 terrorist attacks as “the greatest work of art imaginable for the whole cosmos”, and added, enviously, that “artists, too, sometimes go beyond the limits of what is feasible and conceivable, so that we wake up, and that we open ourselves to another world.” Nor is the theory of postmodernism especially progressive. A denial of objective reality is no friend to moral progress, because it prevents one from saying, for example, that slavery or the Holocaust really took place.”

Steven Pinker, The Blank Slate, page 416.

The ‘Millennial generation’

Over at the Vololkh Conspiracy group blog of writers on legal issues, there is this interesting posting:

Millennials are those with birth years 1982 to roughly 2002. They are a larger group than the Boomers, and they are the most diverse generation ever. The core personality traits are: special, sheltered, confident, conventional, team-oriented, achieving and pressured.

However, the author is not all that convinced that one could, or should lump whole generations of people together under a single category, assuming them to have common traits, whether they are parts of the ‘Greatest Generation’, ‘Baby Boomers’, the ‘Me-Generation’ or ‘Generation X’.

This isn’t to say that times don’t change; technology can shape social experience, and those growing up with new technologies naturally have a different relationship to it. But I guess I am pretty skeptical that ‘the Millennials” are much different from ‘Generation X,’ or that ‘Generation X’ was much different from whatever you want to call the generation before that. I tend to think that for the most part, people are just people.

Pretty much my view, in fact. Yes, some of the current annoyance of my generation (I was born in May 1966, a rather good time for English soccer, not so good for our economic dynamism) at the Baby Boomers stems from a perception that those born after WW2 enjoyed a relatively cushy deal, not least in the form of things like final-salary pensions. The younger generations, caught up in the demographic changes caused by aeging and longer lifespans, may feel that older people have had it easy. But I think this can be overstated somewhat. Sometimes, when I hear of a certain kind of commenter waxing indignant about Babyboomers, one is struck by the bitter edge, and a sort of peeved dislike at having missed out on a permanent party.

Doing the laundry never was so colourful

Introducing the world’s grooviest washing machine. Mind you, ironing is still going to be a chore. (Hat-tip: Gizmondo).

Col. Jeff Cooper, RIP

Jeff Cooper, the man many people will associate with the modern art of guncraft in the United States, has died at the venerable age of 86. Anyone who has learned to shoot a handgun, rifle or shotgun to a high standard is likely, certainly in the United States, to have heard about this man, about the disciplines and standards he laid down. A few years ago I spent four gruelling but extremely enjoyable days at the Front Sight course in Nevada and there is no doubt that such places of learning took much of their inspiration from people like Jeff Cooper. A fine man, and a life well led.

Radley Balko, take a deep bow

Great respect is due to Cato’s Radley Balko, who has tirelessly campaigned against the the ‘no-knock’ search and entry powers employed by law enforcement agencies in the United States. I was surfing around the blogs and came across this story a few days after it broke. This is a glimmer, a start in what hopefully may be a change in the law. Radley’s work on the Cory Maye case is a bit of a result for blogs, too. This is a US issue, but as we know with stuff like eminent domain, it is always worth we Brits watching developments like this for signs of similar trends closer to home.

Jim Henley has related thoughts on the issue.

Testing for the impact of a bird flu pandemic

This seems like a good idea

The Financial Services Authority (FSA) is to hold a six-week exercise to test the resilience of the UK’s financial institutions to an avian flu pandemic.

Starting on 13 October, some 60 banks, insurance firms and other financial businesses will take part.

The exercise will look at a number of factors including how firms could cope with a greatly reduced workforce

Yes, I know that we free market purists might argue as to why we need a big regulator like Britain’s FSA to set this up, but even in the absence of such a body, smart businesses would be looking to stress-test their systems against a potential serious problem like avian flu. And it is serious. Naysayers may jest about how much effort was expended on the Y2K technology issue (remember that?) but I am encouraged that these sorts of issues are taken seriously. The health of the London-centred financial system is critical, not just to the British economy, but to the wider trading system as well.

Tyler Cowen, hardly a scaremonger, has thoughts about possible preparations that should be taken.

The madmen rant, and no-one seems to bother

There is a military coup in Thailand, a crazed leader of Iran denying the Holocaust and prattling about the return of the “12 Iman”; a Venezuelan demogague brandishes the work of terrorist sympathiser Noam Chomsky; there are riots in the streets of Hungary, a major hedge fund loses billions in the gas market.

What do the world’s economic markets do in response to all this? Well, as historian Niall Ferguson notes, they do remarkably little:

The price of crude oil for November delivery fell 5 per cent last week, even as Messrs Ahmadinejad and Chávez were holding their rant-fest. On news of the coup in Bangkok, the Thai currency declined by little more than 1 per cent against the dollar – nothing compared with its spectacular gyrations during the Asian crisis of 1997. Investors in the Hungarian stock market are not having a great year, it’s true, but recent political events have barely registered. If you invested in Budapest two years ago, you have still nearly doubled your money.

To see just how far politics and economics have parted ways, just consider which of the world’s stock markets have done best so far this year. In pole position is Morocco (up 58 per cent in dollar terms since January 1). Next is none other than Mr Chávez’s Venezuela, up 49 per cent. In third place is Indonesia, where three Christian men were executed on Friday for their part in sectarian violence, sparking riots (34 per cent). Russia, where it is bankers who get the bullet, is not far behind on 32 per cent.

He goes on to argue:

investors are continuing to mistake liquidity for security. Despite the much-trumpeted tightening of interest rates by the world’s principal central banks, the reality is that monetary expansion has barely slowed. In Britain, for example, the broad money measure M4 grew at an annual rate of 13 per cent in July, a remarkable figure. Money may be dearer, but it is still amazingly plentiful. That seems to be encouraging a rather cavalier approach to risk assessment.

So it would seem.

The 18 Doughty Street Channel

I wish these guys all the very best of luck in breaking the lock of the mainstream media on broadcast television in Britain and political coverage in particular. I am not sure if this outfit is going to feature a lot in my viewing habits, though. Given that I have to look at current affairs news quite a bit as part of my day job in London’s financial centre, I actually deliberately avoid too much of the same when I get home, preferring to read a book, go to the gym, see a movie or just hang out with my lovely wife. But for the political trainspotters out there, this sort of venture should be a boon.

My only carp at this stage is why choose such a dull name? Maybe there is some sort of perverse appeal about it.