Michael B. Duff

Lubbock's answer to a question no one asked

links for 2010-07-02

  • Syndicalists are under the delusion that workers' lives will be idyllic once they get rid of their bosses. However, as Mises informs us, the real bosses of the workers, the ones who ultimately determine wages, working conditions and whether the workers are employed at all, are the cold-hearted, greedy and merciless consumers who purchase the workers' output, or choose not to. Thus, the new workers' co-ops will soon experience what any Maalox-chewing business owner already knows—the absolute tyranny that customers in a free market exercise over business firms and their owners.
  • Their quest for “impact” evokes Ivan Illich’s opening to his 1971 book Deschooling Society, with its disdain for the confusion of “process” with “substance,” its ire at a world where “Health, learning, dignity, independence, and creative endeavor are defined as little more than the performance of the institutions which claim to serve those ends.” It’s the same problem The Wire decries in police work and schooling, where decaying bureaucracies defend their performance by jacking up meaningless statistics.
  • Gov. Arnold Schwarzenegger on Thursday ordered about 200,000 state workers to be paid the federal minimum wage this month because the state Legislature has not passed a budget, but the state controller is refusing to comply.
  • Richard Dawkins: People who have their significant other grab them under the table in order to shut them up whenever someone else at a dinner says something absolutely ridiculous and wrong.

    Ayn Rand: Workaholics seeking validation.

  • Brilliant: We decided from the outset to set the formula for our bars-of-signal strength indicator to make the iPhone look good — to make it look as it “gets more bars”. That decision has now bit us on our ass.
  • “The American-ness of her costume really dates from World War II, and it feels like it's part of her roots, even if she is supposed to have come from an island full of Amazons," Anders told FOX411.com. "I think making her look more ‘globalized’ isn't necessarily a bad idea, but you have to be careful not to sacrifice what makes her distinctive and thrilling in the process."
  • This shouldn't really surprise anyone. The Tea Party is a movement to reform the Republican Party. It's not meant to be a 3rd party or a full-on populist movement. It's a populist uprising within the party, trying to throw out the Neocons and put economics back on the platform. Goals it seems to be achieving, simply by scaring the hell out of incumbents. Even if they don't replace the current crop of Republicans, they are changing the behavior of Republican politicians. Changing Democrats, too, to a degree I wouldn't have thought possible.
  • "We practically all share the same list of problems, regardless of ideology: The undue influence of moneyed interest, the focus on inane Culture Wars instead of proper governance, the low quality of our politicians coupled with their high incumbency rates, the lack of ethics, disclosure etc. The only question left is how to fix them and then, how do we muster the will?"
  • "Upon investigation, we were stunned to find that the formula we use to calculate how many bars of signal strength to display is totally wrong. Our formula, in many instances, mistakenly displays 2 more bars than it should for a given signal strength," wrote Apple. "Users observing a drop of several bars when they grip their iPhone in a certain way are most likely in an area with very weak signal strength, but they don't know it because we are erroneously displaying 4 or 5 bars. Their big drop in bars is because their high bars were never real in the first place."
    (tags: apple iphone)
  • "I should not have written that entry without being more familiar with the actual experience of video games."
  • Factory owners have been adding jobs slowly but steadily since the beginning of the year, giving a lift to the fragile economic recovery. And because they laid off so many workers — more than two million since the end of 2007 — manufacturers now have a vast pool of people to choose from. Yet some of these employers complain that they cannot fill their openings.
    (tags: economics)
  • Diageo said Thursday it would transfer ownership of £430 million, or $645 million, worth of whiskey to a pension funding partnership. Diageo employees would not receive their pensions in whiskey rather than cash, but the move does give them a guarantee that they would not walk away empty-handed should the company default.
    (tags: economics)
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Written by Michael B. Duff

July 3, 2010 at 00:00

Posted in Uncategorized

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