Sunday, July 13, 2014

Demise of the baby boomers

But things of which we have not had a direct intuition, which we have learned only through other people, we have no longer any opportunity, the time has passed in which we could inform our heart of them; its communications with reality are suspended; and so we cannot profit by the discovery, it is too late.
Marcel Proust - À la recherche du temps perdu

Recent deaths among my contemporaries yet again remind me that we baby boomers are on the way out. Not just in terms of mortality because there are a few decades to go yet, but in terms of influence.

So what have we achieved, we baby boomers?

For my part I prefer not to make a list. From the EU to windmills, from house prices to taxes to political liars it’s not likely to be a cheery one. Unfortunately, Proust was right about the value of direct experience too.

As genuine hardship becomes a distant memory, it isn’t easy to see where the vitality to change things will come from. If there is no real need to better oneself, then surely the vitality sags. We see many things in modern Britain, but vitality is not one of them.

So maybe that’s what we’ve done, we baby boomers. We’ve sucked the dear old place dry.

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Saturday, July 12, 2014

Does management justify its own costs?



Throughout history, the university systems of the world have evolved from a monastic model, through the industrial model as a driver of social mobility, to the latest, which is the ‘business’ model.
Like all models, this one has assumptions. In this case, the underlying but usually unstated one is that the faculty who teach and research, and the people who maintain the buildings, are not working hard enough.
The proposed solution is to add layers of middle managers, whose only contribution is to ‘motivate’ and generate policies to make everything ‘more efficient’.
The sad reality is that no amount of increased efficiency or hard work on the producers of the system can make up for the cost of this increased administration.
A cynic might argue that the only purpose of these changes is to provide jobs for those who can’t do anything productive.


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Friday, July 11, 2014

Do you veto yourself?

In his book Mind Time, Benjamin Libet raised the possibility that free will is not so much a free choice as a conscious veto on certain options as they bubble up from the unconscious. His experimental work was confined to motor control, but the idea is easily extended to wider issues of belief.

In other words, free will may not be a matter of freely choosing what to believe as freely choosing what not to believe - a conscious veto on social beliefs, opinions or narratives we have no wish to adopt.

If so, then belief simply implies that a conscious veto has not been exercised. Scepticism implies the opposite - a conscious veto has been exercised. In other words scepticism is the footprint of free will - belief leaves no footprint.

The idea is not new and of course it works both ways. If I veto any suggestion that the Earth is a sphere, then I may be exercising free will, but it is a ludicrous and intellectually damaging achievement. I suspect this may be one of the attractions of The Flat Earth Society – the free will aspect, the attractions of dissent.

Because there do seem to be attractions to scepticism and dissent. So much so that wholly conventional ideas are often presented as dissent – which in one sense they often are. The traditional politics of left and right for example. Both sides tend to use the language of dissent, often by inventing straw men - or straw women. It must feel like the cool breeze of intellectual freedom, even when no more than the other side of a numbing orthodoxy.

One obvious attraction of a broader and deeper scepticism is that the options are less constrained. Possibilities remain open, further analysis is always worthwhile. This seems to be the attraction of detachment. The veto is active and well developed, but also rounded by habits of introspection.

Should I accept this idea - or is there more to be understood? No I’ll pass for now - there is more to be understood.

The veto is transformed into a positive experience; an aspect of well-being, of a genial life lived apart from the rancour of intellectual passion and coercion.

If feels like free will – possibly because it is.

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All original material is copyright of its author. Fair use permitted. Contact via comment. Unless indicated otherwise, all internet links accessed at time of writing. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Thursday, July 10, 2014

Bad business is good business


I'm reading Michael Crichton's "Airframe" (1996) and it contains a passage that has resonances far beyond the airline industry. Here, an accident investigator is telling a journalist about an explosion on an aircraft a few hours before: the operator had bought her company's excellent plane, but installed corroded second-hand engines, despite warnings.

"Super-cheap carriers are a stock scam."

"A stock scam?"

"Sure," Casey said. "You buy some aircraft so old and poorly maintained no reputable carrier will use them for spares. Then you subcontract maintenance to limit your liability. Then you offer cheap fares, and use the cash to buy new routes. It's a pyramid scheme but on paper it looks great. Volume's up, revenue's up, and Wall Street loves you. You're saving so much on maintenance that your earnings skyrocket. Your stock price doubles and doubles again. By the time the bodies start piling up, as you know they will, you've made your fortune off the stock, and can afford the best counsel. That's the genius of deregulation, Jack. When the bill comes, nobody pays.."

"Except the passengers."

Plea bargaining, court and regulator fines that come nowhere near the improper profits made, a couple in jail but hundreds and thousands of others untouched... it's not just banks, it's the way of the world.


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Wednesday, July 09, 2014

Frackquakes: evidence


"Did a train just go past?"

John Martin: The Great Day Of His Wrath

A professor of seismology links soaring seismic activity on Oklahoma to fracking; an industry-sponsored research association dismisses the effects as negligible.

(Htp: Chris Martenson's Peak Prosperity site).

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Tuesday, July 08, 2014

1984: progress update


http://4umi.com/orwell/1984/4

1. Michael Krieger (htp: Tyler Durden) discusses the effects of the new legislation requiring internet articles to be deleted (or de-listed) at the request of complainants.

2. Martin Armstrong (himself seemingly the victim of questionable use of state power) first discusses supposedly hack-proof web browsers for those who don't like being spied on - and then passes on a rumour that the NSA is targeting anyone who tries to download such browsers.

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Monday, July 07, 2014

Ukraine and Russia: as I said



Tyler Durden at Zero Hedge today (7 July):

"... As we remarked two weeks ago, when observing the recent developments surrounding the suddenly all-important South Stream gas pipeline bypassing Ukraine ...

"should Russia find a way to completely bypass Kiev as a traditional transit hub for Russian gas, it would make the country, and its ongoing civil war, completely irrelevant not only for Russia, but worse, for Europe, the IMF, and Ukraine's staunch western "supporters and allies" as well...

"[he quotes Itar-Tass] Gazprom.. aim to diversify routes for exporting natural gas and exclude transit risks..."

I differ slightly from Durden on the relevance of Ukraine, because (a) the Brotherhood line that feeds Blue Stream and the proposed South Stream, crosses Ukraine, (b) Soyuz and Blue Stream cross in eastern Ukraine, and (c) South Stream, a subspur of Blue Stream, will pass close to the southern shore of Crimea.

South and Blue Streams don't have enough capacity between them to completely compensate for the potential loss of  Brotherhood and Soyuz in central/western Ukraine, but it would be a start, provided S&B were made secure from seizure or destruction.

So from the Russian perspective, not only had Crimea to fall and remain in Russian hands, but the bitter struggle in eastern Ukraine must end with a stalemate somewhere west of those transiting energy lines:

 
why the extreme east of Ukraine is a key piece in the Russian strategy


As I was saying four months ago...

March 17: Naval infrastructure development on the Black Sea under the guise of Olympic preparation... strategic importance of South Stream pipeline... eastern Ukraine set for takeover ("...  South Stream crosses a bit of the extreme eastern part of Ukraine, but a little territorial snipping - a land purchase, maybe? - could put that right")... purchase of gas pipelines in Greece by proxy... and some further speculations...

March 19: Ukraine protests a pretext for Russian seizure of eastern Ukraine ("was the whole thing set up by Russia in the first place, to provoke a crisis aimed at the annexation of Crimea, near which will run the South Stream gas pipeline? - and possibly, in due course, eastern Ukraine, which is also predominantly Russian-speaking and across which runs Blue Stream?")... vulnerability of Russian gas and oil lines through Belarus and Ukraine... "some of the South Stream construction contracts were signed last Friday [March14]"... importance of Nord Stream also...

March 29: Historical struggle between US/EU and Russia for control of the Black Sea...

April 28: Russia's possible long-term strategy: an "eastern EU" centred on western Russia and connecting the Black and Caspian Seas, the Middle East and Asia.. Russia under heavy pressure to maintain economic momentum...


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