Quote of the Moment: Nikita Khruschev, whose side is history on?

March 15, 2007

About the capitalist states, it doesn’t depend on you whether or not we exist. If you don’t like us, don’t accept our invitations, and don’t invite us to come and see you. Whether you like it or not, history is on our side. We will bury you.*

Nikita Sergeyevich Khruschev (1894-1971); reported statement at a reception for Wladyslaw Gomulka at the Polish Embassy, Moscow, November 18, 1956

Khruschev enjoys a hot dog in Iowa, 1959

Soviet Premier Nikita Khruschev enjoying a hot dog in Des Moines, Iowa, during his 1959 tour of the U.S. (Photo from American Meat Institute, National Hot Dog & Sausage Council, http://www.hot-dog.org)

* The exact phrasing of the last line is debatable. As Bartlett’s Familiar Quotations, 16th Edition has it, “Neither the original nor the translation of the last two sentences appeared in either Pravda or the New York Times, which carried the rest of the text. Another possible translation of the last sentence is: We shall be present at your funeral, i.e., we shall outlive you; but the above is the familiar version.”


“Penetration however slight”: More on a good and noble hoax – the U.S.S. Pueblo

March 9, 2007

1968 brought one chunk of bad news after another to Americans. The year seemed to be one long, increasingly bad disaster. In several ways it was the mark of the times between the feel-good, post-war Eisenhower administration and the feel-good-despite-the-Cold-War Reagan administration. 1968 was depressing.

What was so bad? Vietnam manifested itself as a quagmire. Just when Washington politicians predicted an end in sight, Vietcong militia launched a nationwide attack in South Vietnam on the Vietnamese New Year holiday, Tet, at the end of January. Civil rights gains stalled, and civil rights leaders came out in opposition to the Vietnam war. President Johnson fared poorly in the New Hampshire primary election, and eventually dropped out of the race for the presidency (claiming he needed to devote time to making peace in Vietnam). Labor troubles roiled throughout the U.S., including a nasty strike by garbage collectors in Memphis. It didn’t help to settle the strike that the sanitation workers were almost 100% African American, the leadership of Memphis was almost 100% white, and race relations in the city were not so good as they might have been – the strike attracted the efforts of the Southern Christian Leadership Conference, and Martin Luther King, Jr. – who was assassinated there in early April. In response, riots broke out in 150 American cities.

More below the fold, including the key confession to “penetration.” Read the rest of this entry »


Quote of the Day: FDR’s Four Freedoms

January 24, 2007

Franklin Delano Roosevelt delivered the State of the Union speech for 1941 on January 6.  Eleven months and one day later, Japan attacked the U.S. Pacific Fleet at Pearl Harbor, Territory of Hawaii. I have been fascinated by Roosevelt’s clear statement of the freedoms he thought worth fighting for, especially considering that most Americans at that moment did not consider it desirable or probable that the U.S. would get involved in the war that raged across the Pacific and Atlantic.

FDR and Churchill, August 9, 1941, aboard U.S.S. Augusta

Franklin Roosevelt and Winston Churchill, August 9, 1941; aboard the U.S.S. Augusta, in the Atlantic. Library of Congress.

Here is an excerpt of the speech, the final few paragraphs:

I have called for personal sacrifice, and I am assured of the willingness of almost all Americans to respond to that call. A part of the sacrifice means the payment of more money in taxes. In my budget message I will recommend that a greater portion of this great defense program be paid for from taxation than we are paying for today. No person should try, or be allowed to get rich out of the program, and the principle of tax payments in accordance with ability to pay should be constantly before our eyes to guide our legislation.

If the Congress maintains these principles the voters, putting patriotism ahead of pocketbooks, will give you their applause. Read the rest of this entry »


Olla podrida

December 29, 2006

Olla podrida is a local, Spanish term for a Mulligan stew, for olio, etc.

Founding fathers and illegal immigrants — A new blog on the migration debate, cleverly titled Migration Debate, highlights a New York Times opposite-editorial page piece that details how many of our “founding fathers” took advantage of illegal immigration, or immigrated illegally themselves.  William Hogeland wrote the piece, whom some of you will recognize as the author of The Whiskey Rebellion:  George Washington, Alexander Hamilton and the Frontier Rebels who challenged America’s newfound sovereignty. (Scribner, 2006)

Google’s amazing powers:   Bad time to be speechless:  Over at 31fps, Google.com/maps magical powers are explained:  The author finds a store on Google maps, clicks a button, and Google first calls his phone, and then calls the store — go Google, and leave the dialing to Google.  Star Trek wasn’t this good.  Just be sure you’re over being speechless when the party at the other end answers.

Amazing cosmos:  Phil Plait at Bad Astronomy lists his top 10 images from outer space for 2006.  #1 is a doozy, but be sure you read the explanation Phil offers.

Fashionable extinction:  Microecos explains how fashion wiped out a beautiful, unique bird, the huia, in New Zealand, a century ago.   It’s a reminder of how stupid humans can be — a good exercise is in there somewhere for geography classes, or a general lecture on the effects of colonization.


After the end, Hoover showed the way for Bush

December 28, 2006

Herbert Hoover, White House Portrait

Herbert Hoover, White House Portrait

Herbert Hoover is one of the great foils for U.S. history courses. The Great Depression is on national standards and state standards. Images from the dramatic poverty that resulted win the rapt attention of even the most calloused, talkative high school juniors. Most video treatments leave students wondering why President Hoover wasn’t tried for crimes against humanity instead of just turned out of office.

In most courses, Hoover is left there, and the study of Franklin Roosevelt‘s event-filled twelve years in office (with four elected terms) takes over the classroom. If Hoover is mentioned again at all in the course, it would likely be for his leading humanitarian work after World War II.

But there is, hiding out in California, the Hoover Institution. Hoover’s impact today? Well, consider some recent fellows of the Hoover Institution: Condaleeza Rice, Milton Friedman, George Shultz, E. D. Hirsch, Jr., Gary Becker, Diane Ravitch, Chester Finn. The Hoover Institution, “at Stanford University,” is the conservatives’ anchor in the intellectual and academic world.

Hoover’s legacy is being remade, constantly, through his post-Presidential establishment of an institution to promote principles of conservatism (and liberalism in its old, almost archaic education sense). The Hoover Institution has carried Hoover’s ideas and principles back into power.

Dallas has been wracked recently with the shenanigans and maneuvers around the work of Southern Methodist University to be named as the host for the George W. Bush Presidential Library. In a humorous headline last week the Dallas Morning News (DMN) said such a library could lead Dallas’s intellectual life in the future (the headline is different in the on-line version — whew!).

Humor aside, there is grist for good thought there. Read the rest of this entry »


A different view of Chile and Milton Friedman

November 25, 2006

Especially the last couple of paragraphs may give you a sobering double-take on what has been going on in the U.S. economically and politically — go read this commentary in the on-line Counterpunch. Author Greg Grandin has a different view of Friedman’s role in Chile’s economics than you will read almost anywhere else.

It especially contrasts with the view in Daniel Yergin’s television production, Commanding Heights (go to the site, click on Friedman’s name, go for the video on “Chicago Boys and Pinochet”).

Tip of the old scrub brush to Leiter Reports.


Champion of free markets, Milton Friedman

November 17, 2006

94-year old free market champion Milton Friedman died yesterday. Many great accountings for his career will be written, I’m sure — here is the New York Times notice.

Milton Friedman in 1964, NY Times photo

Milton Friedman in 1964 – New York Times photo

At the end of the 20th century, it certainly appeared that Friedman was more right than Keynes, and almost diametrically opposed to Marx. There are questions about whether free markets will be able to pull the former Soviet Union out of its economic woes, however, and we have run into a lot of questions about how to establish the free markets that guarantee political freedom in nations in Africa, Asia and South America.

Friedman was the greatest exponent of school vouchers in America, a view that I found had intellectual appeal but which, to me, fails to win any respect in actual practice, especially when the voucher programs hammer away at the foundations of public education (such as the public schools Friedman attended) by systematically choking off funding for public education.

I for one will miss his voice in these debates. It was a well-educated, gentle voice, tempered by reason and a lot of common sense. Free market economists grow almost abundant these days. There will never be another Friedman.

Update: Nice tributes and serious criticism. A friend uses an exercise in class requiring students to write obituaries for famous economists — Friedman’s death offers ample opportunities to collect real obits to use for examples. See some of the comments, such as:

Nothing about Friedman is up yet at The Becker-Posner Blog.  If they do anything at all on Friedman, it will be worth the read.


Adam Smith’s £20 of fame

November 2, 2006

Adam Smith will replace composer Edward Elgar on the twenty-pound note next spring, according to the Bank of England.

Adam Smith's pin factory example, in a drawing

Adam Smith’s pin factory will also be featured on the new twenty-pound note.

So Smith gets his twenty-pounds of fame, a slight twist on Andy Warhol’s observation that everybody would get 15 minutes of fame in the future.*

The story in the Times Online is actually a much better feature on Adam Smith than is available in most of the high school economics books today. A major failing of the texts: They do not feature stories on the economists who make economics tick. Advanced Placement texts are better, but still there is room for improvement. My experience in the classroom is that the lives of the economists provide inspiration and, quite often, quirky historical anchors that help students understand and recall key points of economics. For most high school economics students, such enrichment comes only with the teacher’s providing it apart from the texts and other state- or district-provided materials.

Read the rest of this entry »


Thinking about Hayek, thinking about economics

October 31, 2006

One of the law survey courses I’m teaching has had an economics unit added to the introduction to the course, which struck me as a good idea. However, I am not fanatically happy about the execution. In my search for links that accurately and dispassionately describe Marxism and modern free marketry, I came across this comment on Hayek and the application of his ideas to: Who the heck is Hayek?

There are several good places to get information on Hayek and free market stuff on the web — but where to find Marxism? Any ideas?


Friedman’s irony: Public schools work

October 14, 2006

Much checking yet to do, but one ironic result show up in anecdote, at least. Milton Friedman’s advocacy for vouchers may not be borne out even in the economics Nobel winners. Edmund Phelps, it appears so far, attended public schools near Chicago, in Friedman’s back yard.

Milton Friedman, the eminent Nobel-winning economist from the University of Chicago, author with his wife Rose of the best-seller that fueled much of the intelligentsia of the Reagan movement, Free to Choose (which was made into a television series for PBS), has long been an advocate for vouchers from public schools. Friedman argues that a dose of competition would be good for public schools, and the ability of students to choose to take their voucher to another school would also be good for students.

My belief is that we do not have sufficient data to make predictions that any voucher system would be an improvement. Public education as an American institution is an outgrowth of communitarian spirit coupled with strong need and strong desire for better-educated people to drive the economy; this spirit and these needs provided demand for education which could not be filled by private enterprise. Public education is, in my opinion, already the market response to consumer demand.

But data are difficult to parse out — not much was collected in the U.S.’s western expansion, we may not be collecting the right data now. So we argue from anecdote. Friedman’s anecdote’s talk about good private schools. Other anecdotes note public school successes.

Richard Feynman’s autobiography, Surely You’re Joking, Mr. Feynman, covered his public school education in some detail, and it offered me some solid anecdotes for policy discussion when I was higher in government. Feynman won the Nobel in 1965 (Physics), was a genius, and also a product of the public schools. A quick survey of U.S. Nobelists shows most of them are also products of public schools. Since then I have watched with a one eye open the announcements of Nobels, wondering whether this trend will change in my lifetime.

So far, no change. The Nobel press packages and official biographies generally lack information about primary and secondary schools of winners. Digging is necessary. Phelps’ biographies are no exception. I finally got something close to an answer from a .pdf rendering of a chapter from The Makers of Modern Economics, Vol II, Arnold Heertje, ed. (1995, Edward Elgar Publishing Co., Aldershot, UK, and Brookfield, US), linked from Phelps’ biography page at Columbia.

Phelps was born in 1933, a Great Depression baby. Both of his parents lost their jobs ultimately. Although he was enrolled in a kindergarten for the gifted, there is no indication that he attended private schools.

If you have contrary and correcting information, please send it.

Friedman makes a good case, but it is a case that I find to be lacking in data. Even, perhaps especially, among the Nobel winners including economics, public school alumni win a disproportionate share of awards. There are all sorts of problems with the data to project trends, but there are few contrary data that I can find. Even with problems in data accounted for, public schools look good.

One problem is whether such data have any correlation at all to today’s public schooling. We may not know for 40 years whether the radical experimentation in standardized testing and other changes shepherded by the federal government will have any effect.


Two Nobels in economics? Grameen Bank wins peace prize

October 13, 2006

Muhammad Yunus, photo by P. Rahman/Scanpix

MuhammadYunus and Grameen Bank share the Nobel Prize for Peace.

Wow. Just wow.

The Nobel Peace Prize for 2006

The Norwegian Nobel Committee has decided to award the Nobel Peace Prize for 2006, divided into two equal parts, to Muhammad Yunus and Grameen Bank for their efforts to create economic and social development from below. Lasting peace can not be achieved unless large population groups find ways in which to break out of poverty. Micro-credit is one such means. Development from below also serves to advance democracy and human rights.

Muhammad Yunus has shown himself to be a leader who has managed to translate visions into practical action for the benefit of millions of people, not only in Bangladesh, but also in many other countries. Loans to poor people without any financial security had appeared to be an impossible idea. From modest beginnings three decades ago, Yunus has, first and foremost through Grameen Bank, developed micro-credit into an ever more important instrument in the struggle against poverty. Grameen Bank has been a source of ideas and models for the many institutions in the field of micro-credit that have sprung up around the world.

Every single individual on earth has both the potential and the right to live a decent life. Across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development.

Micro-credit has proved to be an important liberating force in societies where women in particular have to struggle against repressive social and economic conditions. Economic growth and political democracy can not achieve their full potential unless the female half of humanity participates on an equal footing with the male.

Yunus’s long-term vision is to eliminate poverty in the world. That vision can not be realised by means of micro-credit alone. But Muhammad Yunus and Grameen Bank have shown that, in the continuing efforts to achieve it, micro-credit must play a major part.

Oslo, 13 October 2006

It’s one thing to talk economics, another to go do it. Here’s to hoping this award will encourage others to act effectively to end poverty.

More coverage:


Economics of globalization — will it work?

September 22, 2006

Economics sits on the back burner in the Bathtub these days.

Something interesting brews in international economics. South America had been a place of triumph for the Chicago school, with great success in turning a right-wing dictatorship into a free market system in Chile, for example, and free market inroads in Venezuela. But what happened in the past ten years? Elections in Venezuela, Bolivia and Chile did not run as some Chicago school advocates may have hoped.

So, recently I’ve been looking at some of the comments of Joseph Stiglitz, whose views are not always perfectly in accord with the line out of Washington. Stiglitz headed Clinton’s Council of Economic Advisors, spent time at the World Bank, and won a Nobel.

Maybe we should listen to him. From the University Channel at Princeton:

Lee C. Bollinger, Tina Rosenberg, Nancy Birdsall, George Soros, and Joseph E. Stiglitz discuss solutions for some of the world’s most pressing problems, such as debt, unfair trade, the “resource curse”, the need to curb harmful emissions and world poverty

Image Streaming video (length: 1:44:43)

Panelists:
– Lee C. Bollinger, President, Columbia University (Host)
– Tina Rosenberg, Editorial Writer, The New York Times (Moderator)
– Nancy Birdsall, President of the Center for Global Development
– George Soros, Founder and Chairman of the Open Society Institute; Chairman of Soros Fund Management LLC
– Joseph E. Stiglitz, Nobel Prize-winning economist; University Professor at Columbia University; Chair of Columbia University’s Committee on Global Thought; Executive Director of Initiative for Policy Dialogue at Columbia University; former Chairman of the Council of Economic Advisers under President Clinton; former Chief Economist of the World Bank

(taped September 18, 2006, at Columbia University)

In particular, high school kids in Texas show skepticism towards the free-market economics pushed in many forums. Especially for kids with family and economic ties in Mexico, Central and South America, there can be serious cognitive dissonance with what they see in the textbook. I have found it very effective to discuss alternative views, and to find high quality sources of information. I’m considering adding Stiglitz to my list, which is a short one at the moment, populated chiefly by the modern Hernando DeSoto.

(I found this via shizaam.)


Remembering Labor, on Labor Day

September 4, 2006

Here in the U.S. we celebrate Labor Day on the first Monday in September. Throughout much of the rest of the world, Labor Day is May 1. The U.S. changed that because international labor movements, especially communists, celebrated the day (remember the annual parade of missiles and tanks in the old Soviet Union’s Red Square?); U.S. politicians wanted there to be no confusion that the U.S. doesn’t endorse communism. September honors America’s early union movement appropriately, too — the first Labor Day parade in New York City was on September 5, 1882.

America has much good labor history to celebrate, however, and we should make more of it. Textbooks we have in Texas classrooms tend to shortchange the labor movement, and especially the notable social gains made because of labor in wages, benefits like health care and vacations, civil rights, etc. Teachers need to supplement labor history offerings to keep kids up with Texas standards.

Memphis garbage workers in 1968

Memphis Sanitation Workers, striking in 1968, for suitable wages and treatment as human beings. It was in support of this strike that Martin Luther King, Jr., was in Memphis when he was assassinated. Photo by Richard L. Copley, from Wayne State University’s Walter Reuther Library’s I AM A MAN exhibit. You can sponsor a traveling version of this exhibit.

Read the rest of this entry »