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]

The streets of New York

After parting from Jim Bennett at the Roosevelt Hotel, I had to get a shot of this classic bit of Capitalism. You feel wealthy just looking at it.

Old Rolls Royce
There is just a classy sexuality to the old Rolls that could never come out of the greyness of socialism.
Photo: copyright Dale Amon, All Rights Reserved

Instead of staying underground and taking the S train, I walked back through midtown. I always enjoy just passing through Times Square. It is never the same twice. Today I was surprised at the big Xinhua News adverts on the highest and probably priciest of the computer screens which have come to dominate the place.

Xinhua in Times Square
I sometimes wonder if I am in Times Square or crossed over into a Cyberpunk novel.
Photo: copyright Dale Amon, All Rights Reserved

The screens now cover the entire surfaces of some buildings in constantly shifting images.

Moving images on walls
New York or Shanghai? The world just keeps shrinking.
Photo: copyright Dale Amon, All Rights Reserved

I had to stop and take a photo of this advert on the wall of the 42nd Street Metro station near the stairs down to the A Train platform. I should not have been surprised by it, given that the Palestinians were asking the UN to tell them they are a State. In my opinion, based on what I hope happens out in the solar system with some Libertarian settlement someday, you do not ask the UN to be a state. You tell them. Of course the other side of this coin is that you try to make friends with your neighbors because if you shoot at them in a Libertarian world, they *will* shoot back…

Palestinian peace?
Is it really peace with Israel they want or is it Israel in pieces?
Photo: copyright Dale Amon, All Rights Reserved

Pilgrimage to a Holy Place

Jim Bennett was in town the last few days for a small and intense colloquium in which he had the opportunity to interact at length with Vaclav Klaus, the outspoken free-market President of Czechoslovakia. It was not until Saturday morning that we were able to get together and I arranged for Taylor Dinerman, one of our sometimes Samizdata writers, to join us for lunch. Given the nature of our conversation over burgers and Guinness I half expected to see leftish types holding their hands over their ears and running for the doors lest they hear free-market, pro-capitalist ideas. Why, one of our motley threesome was even an outspoken Republican. Oh, the Horror, the Horror!

Neither Jim nor I have had an opportunity to make the pilgrimage to the World Trade Center site in some years. I have less excuse than Jim on this matter as I pass through Manhattan so often. I just have not ‘got around to it’.

There is no comparison between what I last saw and now. When you walk down Church Street and arrive at Vesey street the new building is just THERE. For me the mood for the visit was set by the passenger jet which just happened to pass by in the frame as I took one of my first series of photos.

Jet over WTC
This image set my mood for a somber remembrance.
Photo: copyright Dale Amon, All Rights Reserved

The other buildings are equally fine and are rising quickly as well.

Another WTC building
I just liked the framing…
Photo: copyright Dale Amon, All Rights Reserved

We had some difficulty figuring out where to go for a view of the new museum but finally did find one.

WTC Museum
First glimpse of the new museum.
Photo: copyright Dale Amon, All Rights Reserved

In the process we also found much better sight lines for the new complex.

description
When complete this is going to be a magnificent set of buildings.
Photo: copyright Dale Amon, All Rights Reserved

You are never far from something which reminds you of the gravitas and the sheer holiness of this place. Reverent songs will be sung on planets of far stars of the courage of the Fireman of New York.

description
We will never forget.
Photo: copyright Dale Amon, All Rights Reserved

Although I took a number of photos with Jim in them, I liked the backdrop in this even though he was somewhat dwarfed by it. I do not think Jim will mind.

description
Author and pioneer space entrepreneur Jim Bennett.
Photo: copyright Dale Amon, All Rights Reserved

No, Tony Stark does not live here

You could live decades in Manhattan and still be surprised by what its vibrant capitalism throws up at you. Last weekend I got an invite to go along to a party that was raising money for some charity cause, although I was not one of the ones there to be a high roller. Let us just say I got in via the journalists back door since one of the celebrity guests was a Fox News personality who was also a friend of my usual Manhattan drinking buddy. It should come as no surprise to long time readers that when in New York I chill with journalists, spacers and the odd Irish musician.

I knew it was going to be interesting before I met up with Taylor Dinerman at the usual media waterhole, but on the some thirty block walk we were lost in discussions about typical fighter pilot behavior with the fair sex, space policy and which foot Paul Krugman is currently inserting. I was expecting something exceptional but when I finally walked over to the railing of the rooftop party I was not quite prepared for a night time view of New York like this. It is really different when you can see the city laid out in front of you in every direction and yet you are close enough to be struck by the full three dimensions. I can hardly imagine what waking up to this every day must be like, but I am glad to know there are people out there who do.

Chrysler Building and New York Cityscape
A Northerly view of the Chrysler building and surrounds.
Photo: copyright Dale Amon, All Rights Reserved

The party had the standard accoutrements. If you simply looked at the bar man serving drinks from a table by the core wall, or at the disk jockey in the corner, it would look like the standard parties we have all attended. The DJ laid down a modern sound track to insure all would eat, drink, be merry and network till they dropped. I was of course doing just that. I handed out Immortal Data Corporation business cards to all and sundry while keeping up my energy from the passing trays of hors d’oeuvres. I do not think I had a repeat taste all evening.

Penthouse Disk Jockey
The disk jockey kept the place rocking, or whatever you call it with dance music.
Photo: copyright Dale Amon, All Rights Reserved

Being the spacer that I am, my actual first photograph of the night was the stunning image of a fall moon rising over the East River from a southeasterly direction. A mere photograph cannot come close to what the eye took in. Believe me, this poor small subset of photons does not come close to doing it justice.

Moon and East River
The view of the moon was even more amazing in person.
Photo: copyright Dale Amon, All Rights Reserved

Later on, after several drinks and much mixing I decided to temporarily break from the crowd, and that was when I discovered the flat was even more spectacular than I had thought. This is where Tony Stark would live if he owned a flat in Manhattan. No doubt about it.

Penthouse
This is not one of Tony Stark’s residences. But it should be.
Photo: copyright Dale Amon, All Rights Reserved

Taylor and I mostly talked with media folk, although there were lots of financial types there as well, with some of which we also spoke. I knew Taylor was fluent in French and Hebrew. Tonight I found him talking at length in German to a businessman and doing the occasional phrase in Mandarin. We were also joined by James Taranto of the Wall Street journal after he returned from a quiet far corner where he did a radio show call in to express his opinion of the latest Krugman piece at the New York Times.

One of the more fun people I spoke to was a woman who started her career as an NPR reporter assigned to Belfast. She was there in the seventies, well before my time, but we still had much common knowledge to share as she was a lover of Irish Traditional music and I think it fair to say that a few of my close friends in Ireland can play or sing a note or two of that genre.

Taylor Dinerman
I was there with journalist and occasional Samidatista contributor Taylor Dinerman.
Photo: copyright Dale Amon, All Rights Reserved

It was a very international crowd, although it is sometimes hard to tell in New York. Someone who you think looks foreign may come out with a strong New York accent when they say hello… or they may speak with a strong accent from some odd corner of the world. You simply cannot tell.

Late in the evening Taylor and I were sipping our drinks and talking Chinese politics with a VP of Tang Dynasty TV, Mike Chen. He is very much the all American himself but is able to travel and mix in China and the three of us were off in a Samizdata like discussion of China’s economy, ethnic strife problems, what happens when the North Korean penny drops, why China is building forces, what sort of aircraft India is buying and why…

I think it rather suitable that drinks in hand, we were looking down upon the United Nations Building from our high capitalist perch.

UN and crowd
I have always looked down on the UN as an institution. But from here I really did look down on it.
Photo: copyright Dale Amon, All Rights Reserved

Oh, and we had a chance to talk with Rita Cosby, an old friend of Taylor’s from Fox News, before he and I and James went off for our rather late dinner at McFadden’s Bar.

Despite the Corona’s, the wine, the rum and cokes, and the Johnny Walker I had already downed, or perhaps because of them, I decided after my dinner pint of Guinness that I could not let that poor pint feel lonely. So when they headed home, I headed further down Second Avenue to an old hangout of mine. The rest of the night (and pints) is another story and I was off duty as your Samizdata On The Scene reporter.

Slante!

My first sight of the new World Trade Center

I have been in Manhattan for the last few weeks and will remain several more. Although very busy with work for my startup company and earning enough to cover my daily Subway sandwich, I have found time for photos and a bit of fun as well.

I was in Manhattan during the 9/11 remembrance, but I only went to Times Square as getting around in the city was a bit painful at times. On the Friday before the anniversary, a full 1 train I took for an afternoon meeting went out of service for no apparent reason. The engineer told us to get off and then left us standing on a platform up in the hundreds of the Upper West. I skipped the next train as there was no one with a large enough shoe horn and vegetable oil to squeeze me on board.

On Saturday, Manhattan had more roadblocks than Belfast City Centre 1989… although there was a considerably more relaxed constabulary and no automatic weapons in sight.

I did not actually see the new building until this Thursday. I decided to get off the subway early and walk down 7th Avenue through Greenwich and the East Village since I was not in a rush for a fixed time meeting. I did not notice it at first… the new building was directly in front of me but it did not register for quite some time because it is not yet the sort of overawing magnitude of the old Twin Towers. Once I did realize though, I could see that although already a large building, it has a long way to go and is going to be a very large upraised middle finger to the Jihadi’s.

New WTC
It has a long way to go but with an eventual height of 1776 feet it is a message to the world writ large in concrete and steel.
Photo: copyright Dale Amon, All Rights Reserved

It is just our simple, quaint, un-nuanced American way of saying ‘Up yours Osama”; our way of telling the Jihadi’s they have failed and that they will always fail. We will track them down no matter where they hide and no matter how long it takes. And we will kill them.

Meanwhile, we will rebuild and go back to our proper business of making money.

Paul Krugman, the gift that keeps on giving

Apropos that Kevin Dowd speech which Brian Micklethwait wrote about earlier, the name Paul Krugman came up when Prof. Dowd pointed to the absurdity of calls for ever more money-printing, government spending and debt as a way to solve our current economic malaise. Some readers will remember that extraordinary comment by Krugman a few days back when he suggested that policymakers should act as if they believed the Earth was under some sort of attack from space aliens. And of course he’s argued that the Great Depression was ended by WW2 (it wasn’t, or not in the way Krugman suggests). And a day or so ago, he seems determined to cause dangerously high blood pressure problems by comments such as this, apropos the commemorations of the 9/11 mass murders:

“What happened after 9/11–and I think even people on the right know this, whether they admit it or not–was deeply shameful. The atrocity should have been a unifying event, but instead it became a wedge issue. Fake heroes like Bernie Kerik, Rudy Giuliani, and, yes, George W. Bush raced to cash in on the horror. And then the attack was used to justify an unrelated war the neocons wanted to fight, for all the wrong reasons.”

This is unhinged. Whoever Bernie Kerik is (information gratefully received, Ed), I don’t think that you can really say that the Mayor of New York was “cashing in” on the immolation of the southern part of Manhattan. If you want an account of how Guiliani and his colleagues dealt with those terrible days, here is an interview he did with Steve Forbes. As for GWB, I don’t think there was some crazy, cynical exploitation of a terrible event although some politicians, Democrat as well as Republican, used the understandably heightened fears about security to hit certain civil liberties, expand government power, and the like. Now by all means criticise the policies pursued at the time by governments in the US and overseas, and goodness knows, libertarians of various hues haven’t been shy on that score, but I detected no immediate “cashing in” on the crisis. When events of such enormity occur, any reaction from a politician, sensible or not, could with hindsight be slagged off as “cashing in”. Suppose Bush/whoever had done nothing other than mount a police operation, hold a few ceremonies of condolence and leave it at that, or go in for lots of vacuous platitudes. No doubt Prof. Krugman would now be foaming about the complacency of such a stance.

Krugman is a man who, let’s not forget, was awarded a Nobel Prize in economics, and it would be nice if a certain gravitas could come with such a position. When I try to recall the way that Milton Friedman, that other Nobel Prize winning economist, wrote about world affairs to great effect for Newsweek magazine – succeeding the great Henry Hazlitt – there is simply no comparison in tone as well as content. The hatred that seems to pour out of Krugman is actually quite worrying. What is eating him?

Thoughts on 9/11

One thing comes through to me as I hear the stories from those doing their part for the remembrance. Far from destroying America, the lowly jihadi’s have created a powerful religious symbol. The World Trade Center has become a site of enormous power. Tiny pieces of metal from the site have been forged into religious icons. They are a part of a warship, a part of wind chimes for a church. They are items treated with great awe and reverence, perhaps as much as were bits of the ‘one true cross’ to generations of the distant past.

To the Jihadi’s and to those who think they will one day bring Shari’a to America, I say, “You have not only failed. You have created icons of greater power than your Mecca.”

I will go further. Two thousand years from now you and your icons will be remembered only in dusty historical archives. The World Trade Center site will still be there and will have gained a patina of age and legend, a tale of demons who came from out of the East and carried death, destruction and great evil with them as they battered a brave and honorable people.

But the more evil they did, the more the forces of good grew, until one day the hand of all peoples were raised against them and they were cast back into the lowest depths of hell and provinces of the damned from whence they had come.

Jihadi’s, you are done. Your dreams are dead. Your followers are dead or will soon be dead. Your beliefs will be forgotten. You have made us stronger and you and all about you are dust in the winds of time.

I do not have to curse you. You have cursed yourselves.

Samizdata quote of the day

“I wish Warren Buffett would emulate his father, Howard Buffett, the late Congressman from Nebraska. Howard Buffett decried the move to the welfare state. He wanted to end it. Also, he wanted the U.S. to get out of the Korean war and move to a non-interventionist foreign policy. Indeed, he was the campaign manager for Senator Robert A. Taft when Taft ran against Eisenhower for the 1952 Republican presidential nomination. I have a proposal for Warren that could cut tax rates for those whom he claims to care about and, at the same time, save having to raise tax rates on him and other rich people: get out of all the wars, close all the foreign bases, and save about $500 billion a year. His father would have liked that.”

David Henderson.

States and states

This piece, about how people are moving from states in the USA governed according to lefty principles, towards states governed by somewhat less lefty principles, reminded me of this piece I recently did here, about people moving from country to country in the world. As in the world as a whole, so in the USA.

Come the next round of elections, the numbers of Americans on the move, and the unmistakable direction in which they are moving, will be hard for the lefties to explain away.

In the emerging presidential campaign, it’s easy to see a version of these questions dominating the debate. Why should anyone choose to endorse liberal, Democratic policies when a single year (2009-10) saw 880,000 residents packing up their belongings to place Barack Obama’s Illinois in their rear-view mirror, while 782,000 new arrivals helped drive the robust economy in Rick Perry’s Texas?

California, so the piece says, lost two million people in the years 2009 and 2010. The promised land no more, it would seem.

I’d be interested to hear what American readers make of Governor Rick Perry. Will I like him, as and when I learn more about him? I’ve read people saying that Perry sounds too much like President Bush Junior. But I’m thinking that people are in the mood to listen to what is actually being said, next time around, rather than fussing about the mere manner in which it is said. Or is that being too optimistic?

Samizdata quote of the day

As I mentioned earlier, the TV networks are giving this wall-to-wall coverage. TJ Holmes on CNN is repeatedly calling it a “monster storm”, and everyone is desperately trying not to mention that it has been downgraded to a category one hurricane, the weakest category in the Saffir-Simoson hurricane scale.

The politicians are falling over themselves to be seen to be doing something. The president, Barack Obama, called it a “historic” hurricane yesterday and has returned to the White House a day early from his vacation at Martha’s Vineyard, Massachusetts. He is desperate to avoid the mistakes of George Bush, who was slow to act over Hurricane Katrina.

Here in New York, mayor Bloomberg was slammed over his slow response to the big snow dump last year. City Hall is at the end of my street – they’ve been up all night there, co-ordinating the response to this.

Hurricane Irene is political, as well as meteorological.

Matthew Wells

A picture says a thousand words

A graph on the growth of the regulatory state, courtesy of the National Review Corner blog.

A gem buried at the bottom of a comment thread

This person at the Daily Caller appears – with some justification I might add – to take a dim view of Ron Paul, the US congressman and Republican primary contender for the presidential ticket known as “Dr No” on account of his saying no to various government measures and enterprises. He is, famously or infamously, a hardline anti-interventionist in foreign affairs, so much so that his views might be dubbed as almost pacifist. He has called for accountability by the Federal Reserve, and argues that institution ought to be closed down. But he has feet of clay, and this article I link to, which is written in a sort of furious burst of anger, focuses on those flaws and makes light of Paul’s merits. In particular, the article unfairly misrepresents the Austrian school of economics and its methodology. It also seems to smear libertarianism on issues like legalising prostitution and drugs, ignoring the obvious arguments that criminalising consensual acts has created huge costs for society.

All the way down at the bottom of a comment thread prompted by this article, is large item by commenter Michael P. Ivy. It is so good that I reproduce it here. There is the odd typo, but it is worth quoting in the raw:

I am always amused by wannabe economists, who call themselves capitalists, but, are unable to embrace or understand the true axioms of capitalism when push comes to shove. Austrian economics spins on essentially to axioms: (1) that there is no free lunch, and (2) all human action is purposeful action motivated by the individual’s (not society’s) desire to move from a less to a more desired state. These are self evident truths, much like the “more is preferred to less” axiom of the neoclassical school. You butcher Rothbard without understanding his work and particularly his crititique of the neo classical school of wackjob indifference curve analysis and welfare economics. The notion that an individual can be indifferent between two different states of the world without ever actually exercising choice is not a reliable basis for recommending redistribution measures of the Kaldor/Hicks kind. Even Samuelson so much as admitted that it is impossible to derive a social welfare function without making assumptions about the marginal utility of money et al (1951).

The problem with Keynes’ economics, is that it must rob resources from one sector of the economy to furnish another and it consumes resources in the process. Moreover, in doing so, the government does so without the knowledge of the benefits that those resources procure that only those individuals holding those resources…know. This is the problem with any measure of government involvement in economics. That they suffer from fiscal illusion (not my money so it don’t matter) is one thing, but, they effectively create an environment of uncertainty by destroying productive incentives. Incentives do matter after all and I have yet to see the mathematical models of the neo-classicals actually recognize this and quantify them. The fact is, is that you can’t unless you invoke a value judgement of the Keynesian/Samuelson kind.

Welfare economics has never worked and it never will work, for as M. Thatcher so plainly points out, “Socialism is a great idea until you run out of other people’s money”. The statement captures two notions: (1) if their actually was a multiplier effect on GDP from government spending, don’t you think this would be a permanent line item of the government’s income/expense statement?, and (2) the No Free Lunch axiom is underscored by the fact that since government is an unproductive entity that consumes resources for its existence without actually creating anything of value is that eventually the productivity of the market is unable to keep up with and compensate for the unproductive actions of government. True capitalists understand this.

And if you think the market is unable to coordinate itself with respect to defense, innovation, policing of private property, mass transit, health, education, indeed all the things you think we require a central planner for, then you obviously have not bothered to school yourself on the opportunities that can and will present themselves if productive individuals are left alone and allowed to participate. Finally, I see that your article is riddled throughout with incorrect and obnoxious assertions about economic theory presented by Rothbard, Mises et al. (semi-autistic dogmatism). The fact is, is that there is nothing dogmatic about the Austrian school. Its core tenet is that the best production, exchange, and coordination of resources occurs when individuals are left free and unfettered to choose. And by whatever math you might care to invoke, given the level of debt ($16T) incurred by the Welfare State, I’d say you’re pointing the dogmatic finger in the entirely wrong direction. THAT is what is dogmatic….doing the same illogical, nonsensical thing over and over again (at the people’s expense), and expecting a different result every time. So before you decide to write another diatribe on someting you don’t know much about, I’d recommend that you review Rothbard…again, and in particular his piece on “Towards a Reconstruction of Utility and Welfare Economics”. There is nothing dogmatic, hairy scary or offensive about it.

Very good.

Ron Paul is very much a mixed bag, and I would not vote for him, and I am troubled by some of his views. But the fact has to be faced that almost unique in Western politics, he has put forward a classical liberal agenda on certain issues, and done so consistently. And he has managed, despite his age, to touch a lot of young people. There is a lesson here somewhere.

Caught in their own nets

Sit down. I am about to astonish you. Via the Drudge Report, I found this: Seattle’s ‘green jobs’ program a bust.

A green jobs scheme has failed. Over the shock yet? I’ve always meant to ask one of the enthusiasts for these schemes why they do not also support a job-creating proposal to forbid the generation of electricity by any means other than men on treadmills, but I have not done so for fear of giving them ideas.

I was lying earlier. I am not surprised at all and do not expect you to be. The best that any government “job creation” scheme can ever do is “create” a few jobs in some specific place or profession while the spotlight is on that place or profession – at the cost of destroying the wealth that actually creates long term jobs, but in a conveniently spread out way so no one much notices. Greens strive to convince us that there are external costs paid by the community as a whole when jets fly or factories produce geegaws. “Look at the whole picture,” they urge. “Don’t be bedazzled by the transitory benefit accruing to a few and fail to see the larger but subtler harm being borne by the many.” They have a point. I wish they could apply it to ‘job creation’.

Apparently, however, this Seattle scheme was even a bust in its own terms. It withered even before the spotlight moved on.

The unglamorous work of insulating crawl spaces and attics had emerged as a silver bullet in a bleak economy – able to create jobs and shrink carbon footprint – and the announcement came with great fanfare.

McGinn had joined Vice President Joe Biden in the White House to make it. It came on the eve of Earth Day. It had heady goals: creating 2,000 living-wage jobs in Seattle and retrofitting 2,000 homes in poorer neighborhoods.

But more than a year later, Seattle’s numbers are lackluster. As of last week, only three homes had been retrofitted and just 14 new jobs have emerged from the program. Many of the jobs are administrative, and not the entry-level pathways once dreamed of for low-income workers. Some people wonder if the original goals are now achievable.

I enjoyed the implication that there are others who do not wonder at all, no sir, no sliver of doubt that the original goals might not be met has ever crossed their minds.

That was not the only part of this article rich in irony. Look at this:

“Who’s benefitting from this program right now – it doesn’t square with what the aspiration was,” said Howard Greenwich, the policy director of Puget Sound Sage, an economic-justice group. He urged the city to revisit its social-equity goals.

….Greenwich said the energy retrofit market has turned out to be extremely complicated, with required hammering out of job standards, hiring practices, wages and how best to measure energy benefits.

Market? Where was the market there? The things that have “turned out” (talking as if it all happened by chance) to be “extremely complicated” (that I can believe) are the workings of the interlocking tangle of government rules and protections that people like him and his “economic justice” group advocate. Job standards. Hiring practices. How best to measure energy benefits on some government form. It is sad for all those whose hopes are dashed by these schemes, like the mugs here in the UK who trained as assessors to issue Energy Performance Certificates, or like the unfortunates who got burnt metaphorically and literally in the great Australian insulation debacle. (Not surprisingly, Tim Blair, chronicler of that saga, also has a post about this Seattle fandango. Mine was started first, though.) But what a joke when the very thing that reduces the progressive silver bullet to a twist of mangled brass is… all the stuff that progressives wanted all along.

On second thoughts, I need not worry about giving them dangerous ideas. The great ‘men on treadmills’ job creation scheme would never get moving. It would have to be persons on treadmills regardless of gender, age, religious belief or sexual orientation for a start. And what about disabled access?