Thursday, October 17, 2019

Taman Shud: The Difference Between You and Moi

Paraphrasing Machiavelli: Why should a man who is wrong pay any attention at all to a man who is right, and not armed?

"Man is a stream whose source is hidden." (Emerson) This beautifully crafted observation sets us a task: Swim upstream to the Source of one's out-bound consciousness where one will draw close to the Divine Principle.
Noli foras ire, in te ipsum reddi; in interiore homine habitat veritas.  "The truth dwells in the inner man; don't go outside yourself: return within." (St. Augustine


“There are two things people want more than sex and money… recognition and praise.”
– Mary Kay Ash

In 1948 a man was found dead on an Adelaide beach. Well-dressed and unmarked, he had a half-smoked cigarette by his side, but no identity documents. ...
A nurse Mrs Jo Thomson had son Robin Thomson who danced in Australian Ballet both died...

The scrap of paper found in the Somerton Man's fob pocket with the Persian words "Tamam Shud". 

How to build a more responsible corporate capitalism FT. “[T]o prosper well into the future, managers, and those who oversee them, need to take account of the wider health of the societies in which they operate.” Or be seen to.

The Differences between Me and You

I'm sensitive, you're touchy.  I'm firm,  you are pigheaded.  Frugality in me is cheapness in you.  I am open-minded, you are empty-headed.  I am careful, you are obsessive.  I am courageous while you are as reckless as a Kennedy.  I am polite but you are obsequious.  My speech is soothing, yours is unctuous.  I am earthy and brimming with vitality while you are crude and bestial.  I'm alive to necessary distinctions; you are a bloody hairsplitter.  I'm conservative, you're reactionary.  I know the human heart, but you are a misanthrope.  I love and honor my wife while you are uxorious.  I am focused; you are monomaniacal.
In me there is commitment, in you fanaticism.  I'm a peacemaker, you're an appeaser.  I'm spontaneous, you're just undisciplined.  I'm neat and clean; you are fastidious.  In me there is wit and style, in you mere preciosity.  I know the value of a dollar while you are just a miser.  I cross the Rubicons of life with resoluteness while you are a fool who burns his bridges behind him.  I do not hide my masculinity, but you flaunt yours.  I save, you hoard.  I am reserved, you are shy.  I invest, you gamble.  I am a lover of solitude, you are a recluse.
I have a hearty appetite; you are a glutton.  A civilized man, I enjoy an occasional drink; you, however, must teetotal to avoid becoming a drunkard.  I'm witty and urbane, you are precious.  I am bucolic, you are rustic.  I'm original, you are idiosyncratic. I am principled, you are doctrinaire.  I am precise, you are pedantic.
And those are just some of the differences between me and you

Analysis Shows Top 1% Gained $21 Trillion in Wealth Since 1989 While Bottom Half Lost $900 Billion- “Adding to the mountain of statistical evidence showing the severity of U.S. inequality, an analysis published Friday found that the top one percent of Americans gained $21 trillion in wealth since 1989 while the bottom 50 percent lost $900 billion. Matt Bruenig, founder of the left-wing think tank People’s Policy Project, broke down the Federal Reserve’s newly released “Distributive Financial Accounts” data series and found that, overall, “the top one percent owns nearly $30 trillion of assets while the bottom half owns less than nothing, meaning they have more debts than they have assets.” The growth of wealth inequality over the past 30 years, Bruenig found, is “eye-popping.”

“Between 1989 and 2018, the top one percent increased its total net worth by $21 trillion,” Bruenig wrote. “The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period.”…”We have the worst inequality in this country since the 1920s.”  —Rep. Pramila Jayapal (D-Wash.)…”

Worker pay is stagnant – economists blame robots

CBS News: “American workers are more productive than ever, but their paychecks haven’t kept pace. Researchers with the Federal Reserve Bank of San Francisco have a culprit: robots. Economists Sylvain Leduc and Zheng Liu theorize that automation is sapping employees’ bargaining power, making it harder for them to demand higher wages. Companies across a range of industries increasingly have the option of using technology to handle work formerly done by people, giving employers the upper hand in setting pay. The result — a widening gulf between wages and productivity. The research may bolster proposals for universal basic income, which is a government cash stipend that typically doesn’t come with requirements. Andrew Yang, a Democratic presidential candidate who’s running on a platform of giving every American adult $1,000 per month in basic income, tweeted about the economic findings, writing that automation is “making it hard for workers to ask for more.”…”

The effect of pollution on crime: Evidence from data on particulate matter and ozone. Journal of Environmental Economics and Management – Available online 30 September 2019, 102267. In Press, Journal Pre-proof [paywall]. – “We estimate the effect of short-term air pollution exposure (PM2.5 and ozone) on several categories of crime, with a particular emphasis on aggressive behavior. To identify this relationship, we combine detailed daily data on crime, air pollution, and weather for an eight-year period across the United States. Our primary identification strategy employs extremely high dimensional fixed effects and we perform a series of robustness checks to address confounding variation between temperature and air pollution. We find a robust positive effect of increased air pollution on violent crimes, and specifically assaults, but no relationship between increases in air pollution and property crimes. The effects are present in and out of the home, at levels well below Ambient Air Pollution Standards, and PM2.5 effects are strongest at lower temperatures. The results suggest that a 10% reduction in daily PM2.5 and ozone could save $1.4 billion in crime costs per year, a previously overlooked cost associated with pollution.”