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anonymous

U.K.: Electoral Uncertainty Looms - 0 views

  • Britons go to the polls May 6 to cast their votes in what is expected to be one of the closest elections in decades. While polls indicate the conservatives are favored over the ruling Labour Party and the insurgent Liberal Democrats, it is possible that a hung parliament or a weak coalition government could take office, coming at a time when Britain desperately needs strong leadership out of its economic doldrums.
  • The close electoral race has plunged the United Kingdom into a national debate about the possibility that no party will have an absolute majority with which to form a government, a scenario referred to as a “hung parliament.”
  • The electoral system employed in the United Kingdom is referred to as “first-past-the-post” — essentially a winner-takes-all system in which electoral districts elect individual members of parliament.
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  • The lack of experience governing with hung parliaments in the United Kingdom’s political culture — not to mention the non-existence of inter-party dialogue necessary for coalition-formation to take place — only heightens the sense of uncertainty around the outcome for the election.
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    By Stratfor on May 6, 2010.
anonymous

Disintermediation: The disruption to come for Education 2.0 - O'Reilly Radar - 0 views

  • There will always be physical schools - students need to go somewhere during the day to enable the engine of modern economic progress: two parents working. But these schools will evolve into things that look more like civic centers - hubs for community involvement and rich relationship-building
    • anonymous
       
      My mind drifts to a calm, blue place when I read this. The process of learning strikes me as almost arbitrary now that the technology of the Internet has lodged itself in the world. Not only would this "community center" idea be great for learning, but it could nourish the soul a bit more. There are few of what you might consider "secular" churches out there: places where you can share your feelings. The religious world seems to have a monopoly on that. I can see that gap being filled by enriched education environments.
anonymous

France: Constitutional Economic Reform? - 0 views

  • France is attempting to distance itself from the eurozone’s profligate spenders and illustrate that it belongs with other northern European governments with responsible fiscal policies
anonymous

I, Pencil: My Family Tree as told to Leonard E. Read - 0 views

  • Actually, millions of human beings have had a hand in my creation, no one of whom even knows more than a very few of the others.
  • There is a fact still more astounding: the absence of a master mind, of anyone dictating or forcibly directing these countless actions which bring me into being. No trace of such a person can be found. Instead, we find the Invisible Hand at work. This is the mystery to which I earlier referred.
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    A fantastic piece (thanks to Adam Gurri) about the mysterious world of the modern supply chain.
anonymous

Investing in the Poor - 0 views

  • The Unincorporated Man is a science fiction novel in which shares of each person's income stream can be bought and sold.  (Initial ownership rights are person 75%, parents 20%, government 5%--there are no other taxes--and people typically sell shares to finance education and other training.)
  •  
    By Alex Tabarrok at Marginal Revolution on May 19, 2010.
anonymous

The Turkish Role in Negotiations with Iran - 0 views

  • The Iranians have achieved a similar position. By far the weakest of the negotiators, they have created a dynamic whereby they are not only sitting across the table from the six most powerful countries in the world but are also, like the North Koreans, frequently being coaxed there.
  • If the United States withdraws from the region, Iran becomes the most powerful conventional power in the Persian Gulf, regardless of whether it has nuclear weapons.
  • Given that the United States is officially bound to leave Iraq by the end of this year, Iran is becoming substantially more powerful.
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  • The drawdown of American forces in Iraq is the first step. As U.S. power declines in Iraq, Iranian power increases.
  • If it continues its withdrawal of forces from Iraq, Iraq will be on its way to becoming an Iranian satellite.
  • If Iraq becomes an Iranian ally or satellite, the Iraqi-Saudi and Iraqi-Kuwaiti frontier becomes, effectively, the frontier with Iran.
  • with the most strategically located country in the Middle East — Iraq — Iran now has the ability to become the dominant power in the Middle East and simultaneously reshape the politics of the Arabian Peninsula.
  • Assuming that the United States is not prepared to increase forces in Iraq dramatically, the Iranians now face a historic opportunity.
  • As STRATFOR has said and WikiLeaks has confirmed, it is the Saudis who are currently pressing the United States to do something about Iran, not because of nuclear weapons but because of the conventional shift in the balance of power.
  • The destruction of Iranian naval power is critical, since Iran’s most powerful countermove in a war would be to block the Strait of Hormuz with mines, anti-ship missiles and swarming suicide craft, cutting off the substantial flow of oil that comes out of the strait. Such a cutoff would shatter the global economic recovery. This is Iran’s true “nuclear” option.
  • Iran comes to the table with two goals
  • The first is to retain the powerful negotiating hand it has by playing the nuclear card. The second is to avoid an air campaign by the United States against Iran’s conventional capabilities.
  • The Iranians would not have to invade militarily to be able to reshape the region. It would be sufficient for there to be the potential for Iran to invade. It would shift the regime survival question away from Iran to Saudi Arabia.
  • the choices appear to be
  • accepting the shift in the regional balance in favor of Iran, reversing the withdrawal of U.S. forces from Iraq or attempting to destroy Iran’s conventional forces while preventing the disruption of oil from the Persian Gulf.
  • There is, of course, the option of maintaining or intensifying sanctions.
  • The Europeans are hardly of one mind on any subject save one: They do not want to see a disruption of oil from the Persian Gulf.
  • Therefore, at the table next week will be the Americans, painfully aware that its campaigns look promising at the beginning but frequently fail; the Europeans and Chinese, wanting a low-risk solution to a long-term problem; and the Russians, wanting to appear helpful while hoping the United States steps in it again and ready to live with soaring energy prices. And there are the Iranians, wanting to avoid a conventional war but not wanting to forego the opportunity that it has looked for since before the Islamic Republic — domination of the Persian Gulf.
  • The Turks opposed the U.S. invasion of Iraq because they expected it to fail to establish a viable government in Baghdad and thereby to destroy the balance of power between Iraq and Iran.
  • the United States was unprepared for the unilateral role Turkey and Brazil played at the time they played it.
  • It is all very good to want to negotiate as a neutral party, but the most important party isn’t at the table: Saudi Arabia. Turkey wants to play a dominant role in the Muslim world without risking too much in terms of military force. The problem for Turkey, therefore, is not so much bringing the United States and Iran closer but bringing the Saudis and Iranians closer, and that is a tremendous challenge not only because of religious issues but also because Iran wants to be what Saudi Arabia opposes most: the dominant power in the region.
  • The nuclear issue is easy simply because it is not time-sensitive right now. The future of Iraq is time-sensitive and uncertain.
  • If Turkey wants to play a constructive role, it must find a formula that satisfies three needs.
  • The first is to facilitate the American withdrawal
  • The second is to limit the degree of control Iran has in Iraq
  • The third is to persuade Saudi Arabia that the degree of control ceded to Iranians will not threaten Saudi interests
  • Having regional power is not a concept. It is a complex and unpleasant process of balancing contradictory interests in order to prevent greater threats to a country’s interests emerging in the long run.
  • As the Americans have learned, no one will thank them for it, and no one will think better of them for doing it. The only reason for a deeper involvement as mediator in the P-5+1 talks is that stabilizing the region and maintaining the Persian-Arab balance of power is in Turkey’s national interest. But it will be a wrenching shift to Turkey’s internal political culture. It is also an inevitable shift. If not now, then later.
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    "The P-5+1 talks with Iran will resume Jan. 21-22. For those not tuned into the obscure jargon of the diplomatic world, these are the talks between the five permanent members of the U.N. Security Council (the United States, Britain, France, China and Russia), plus Germany - hence, P-5+1. These six countries will be negotiating with one country, Iran. The meetings will take place in Istanbul under the aegis of yet another country, Turkey. Turkey has said it would only host this meeting, not mediate it. It will be difficult for Turkey to stay in this role."
anonymous

Europe: The New Plan - 0 views

  • the euro, has suffered from two core problems
  • the lack of a parallel political union
  • the issue of debt
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  • Taxation and appropriation — who pays how much to whom — are essentially political acts. One cannot have a centralized fiscal authority without first having a centralized political/military authority capable of imposing and enforcing its will.
  • the checkbook is not the ultimate power in the galaxy. The ultimate power comes from the law backed by a gun.
  • Americans fought the bloodiest war in their history from 1861 to 1865 over the issue of central power versus local power.
  • Northern Europe is composed of advanced technocratic economies, made possible by the capital-generating capacity of the well-watered North European Plain and its many navigable rivers
  • a people that identifies with its brethren throughout the river valleys and in other areas linked by what is typically omnipresent infrastructure. This crafts a firm identity at the national level rather than local level and assists with mass-mobilization strategies.
  • Southern Europe, in comparison, suffers from an arid, rugged topography and lack of navigable rivers.
  • identity is more localized; southern Europeans tend to be more concerned with family and town than nation, since they do not benefit from easy transport options or the regular contact that northern Europeans take for granted.
  • southern European economies are highly dependent upon a weak currency
  • While states of this grouping often plan together for EU summits, in reality the only thing they have in common is a half-century of lost ground to recover, and they need as much capital as can be made available.
  • European Union is now made up of 27 different nationalities
  • With Europe having such varied geographies, economies and political systems, any political and fiscal union would be fraught with complications and policy mis-prescriptions from the start. In short, this is a defect of the euro that is not going to be corrected, and to be blunt, it isn’t one that the Europeans are trying to fix right now.
  • The ECB’s primary (and only partially stated) mission is to foster long-term stable growth in the eurozone’s largest economy — Germany — working from the theory that what is good for the continent’s economic engine is good for Europe.
  • Smaller, poorer economies are more volatile, since even tiny changes in the international environment can send them through either the floor or the roof.
  • The question is not “whither the euro” but how to provide a safety net for the euro’s less desirable, debt-related aftereffects.
  • When the not-so-desperate eurozone states step in with a few billion euros — 223 billion euros so far, to be exact — they want not only their money back but also some assurance that such overindulgences will not happen again.
  • The second is that the Dec. 16 agreement is only an agreement in principle.
  • Three complications exist,
  • First, when a bailout is required, it is clearly because something has gone terribly wrong.
  • The third complication is that the bailout mechanism is actually only half the plan. The other half is to allow states to at least partially default on their debt
  • tates that just squeaked by in 2010 must run a more difficult gauntlet in 2011 — particularly if they depend heavily on foreign investors for funding their budget deficits.
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    "Europe is on the cusp of change. An EU heads-of-state summit Dec. 16 launched a process aimed to save the common European currency. If successful, this process would be the most significant step toward creating a singular European power since the creation of the European Union itself in 1992 - that is, if it doesn't destroy the euro first."
anonymous

Arab Leaders Fear Coup Contagion - 0 views

  • In less than a month, the act of self-immolation, which is the technical term for lighting oneself on fire, has gone from something virtually unheard of in the Arab world to a regularly occurring event. It was the spark for the Tunisian protests last December, and since a copycat in the same country on Jan. 5, there have been at least seven additional cases of self-immolation recorded in Algeria, Mauritania and Egypt.
  • Arab countries that don’t have the oil wealth of the Persian Gulf states are constrained economically from being able to spend much on social development, but they will seek ways to do so nonetheless, in efforts to garner good faith among those they see as most likely to revolt.
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    "Individuals in three North African countries committed self-immolation on Monday, as Arab governments across the wider region sought to stem the potential for contagion generated by the recent popular uprising in Tunisia, which itself began with an act of self-immolation on Dec. 17. From Syria to Kuwait to Egypt and beyond, ruling regimes are looking inward and trying to pre-empt their discontented masses from coalescing into a threat to their rule."
anonymous

Revolution and the Muslim World - 0 views

  • There have been moments in history where revolution spread in a region or around the world as if it were a wildfire.
  • Each had a basic theme.
  • But in the end, the reasons behind them could reasonably be condensed into a sentence or two.
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  • The key is that in each country where they took place, there were significant differences in the details — but they shared core principles at a time when other countries were open to those principles, at least to some extent.
  • The Muslim countries of North Africa and the Arabian Peninsula have been the prime focus of these risings, and in particular North Africa where Egypt, Tunisia and now Libya have had profound crises.
  • The key principle that appears to be driving the risings is a feeling that the regimes, or a group of individuals within the regimes, has deprived the public of political and, more important, economic rights — in short, that they enriched themselves beyond what good taste permitted.
  • Why has it come together now?
  • One reason is that there was a tremendous amount of regime change in the region from the 1950s through the early 1970s, as the Muslim countries created regimes to replace foreign imperial powers and were buffeted by the Cold War.
  • More than anything, if we want to define this wave of unrest, particularly in North Africa, it is a rising against regimes — and particularly individuals — who have been in place for extraordinarily long periods of time.
  • In this case, the question of greatest importance is not why these revolutions are taking place, but who will take advantage of them.
  • In this case, whatever the cause of the risings, there is no question that radical Islamists will attempt to take advantage and control of them. Why wouldn’t they? It is a rational and logical course for them.
  • Whether they will be able to do so is a more complex and important question, but that they would want to and are trying to do so is obvious.
  • But while there is no question that Islamists would like to take control of the revolution, that does not mean that they will, nor does it mean that these revolutions will be successful. Recall that 1848 and 1968 were failures and those who tried to take advantage of them had no vehicle to ride. Also recall that taking control of a revolution is no easy thing. But as we saw in Russia in 1917, it is not necessarily the more popular group that wins, but the best organized. And you frequently don’t find out who is best organized until afterwards.
  • Democratic revolutions have two phases.
  • The first is the establishment of democracy. The second is the election of governments.
  • So there are three crosscurrents here.
  • The first is the reaction against corrupt regimes. The second is the election itself. And the third? The United States needs to remember, as it applauds the rise of democracy, that the elected government may not be what one expected.
  • pictures of peaceful demonstrators are not nearly as significant as the media will have you believe, but pictures of demonstrators continuing to hold their ground after being fired on is very significant.
  • This leads to the key event in the revolution. The revolutionaries cannot defeat armed men. But if those armed men, in whole or part, come over to the revolutionary side, victory is possible. And this is the key event.
  • In Libya, the military has split wide open.
  • If the split in the military is roughly equal and deep, this could lead to civil war.
  • Far more common is for the military to split. If the split creates an overwhelming anti-regime force, this leads to the revolution’s success.
  • It is this act, the military and police coming over to the side of the demonstrators, that makes or breaks a revolution.
  • Therefore, looking at the students on TV tells you little. Watching the soldiers tells you much more.
  • The danger is not radical Islam, but chaos, followed either by civil war, the military taking control simply to stabilize the situation or the emergence of a radical Islamic party to take control — simply because they are the only ones in the crowd with a plan and an organization. That’s how minorities take control of revolutions.
  • Only in the case of Eastern Europe do we see broad revolutionary success, but that was against an empire in collapse, so few lessons can be drawn from that for the Muslim world.
  • democracy and pro-Western political culture do not mean the same thing.
  • There are three possibilities.
  • One is that this is like 1848, a broad rising that will fail for lack of organization and coherence, but that will resonate for decades.
  • The second is 1968, a revolution that overthrew no regime even temporarily and left some cultural remnants of minimal historical importance.
  • The third is 1989, a revolution that overthrew the political order in an entire region, and created a new order in its place.
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    "The Muslim world, from North Africa to Iran, has experienced a wave of instability in the last few weeks. No regimes have been overthrown yet, although as of this writing, Libya was teetering on the brink."
anonymous

The European Perception of Biden's Russian Visit - 0 views

  • During Biden’s previous European visits, he concentrated on Washington’s relationship with its Central European allies. Europe, particularly Western Europe, does not play a minor role in the complex relationship between Washington and Moscow.
  • Despite this general preoccupation, France and Germany have increased their engagement with Russia in several ways.
  • First, Paris and Berlin lobbied for Moscow to be included as a “strategic partner”
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  • Second, France has stood firm regarding plans to sell Mistral helicopter-carrier amphibious assault ships to Russia
  • Third, Germany has in the last few weeks boosted its military relationship with Russia
  • From the perspective of Germany and France, Russia is no longer the existential threat that it was during the Cold War. Russia is in fact a lucrative business partner.
  • Europe should continue to engage Moscow, and the United States and Central Europe should not stand in its way, since aggression will only turn Russia inward.
  • Germany and France are not engaging Russia for the sake of transforming Russia into some sort of a liberal democracy — that is merely the explanation given to the United States and Central Europe — but because it is in their national and economic interests to do so.
  • Russia knows how to play the game with Western Europe. Specifically, it knows how to show hints of internal “reform” to satisfy the “soft power” complex of Europe. But at the same time, it is using its enhanced military relationship with France and Germany as a way to counter American influence in countries like Poland and Romania.
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    "U.S. Vice President Joe Biden began his official visit to Russia on Wednesday by meeting with Russian President Dmitri Medvedev, to be followed by a meeting with Russian Prime Minister Vladimir Putin on Thursday. Prior to his visit, Biden made a half-day stopover in Helsinki, where he met with Finnish President Tarja Halonen and had a working lunch with Prime Minister Mari Kiviniemi. "
anonymous

Who Makes The Randroids? Inside an ARI Weekend Workshop. - 0 views

  • A typical Objectivist assurance that rational debate is welcome and encouraged. So how did it measure up? Well, let's find out.
  • One, while arguing that abortion is permissible in the third trimester, added this classic Objectivist line to his argument: A is A. A is A entails that abortion is moral? Call the press! The pro-lifers have been officially refuted. And absolutely hilarious was the debate between a Randroid and an ideological anarchist (Editor: did the anarchist call the Randroid a "statist"?? They really hate that!). If only we had a dogmatic libertarian, we could have had the cultist right trifecta!
  • And another remarkable statement: Mr. Biddle told several students that morally we would be justified in overthrowing our government because it is more powerful than the one the Founders overthrew (he does not advocate it because it would be unpractical - but then what happened to Rand's claim that the moral is the practical?)
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  • To be fair, I don't think that most students were as enamored of the book as he was, but still there was an air of fawning about the sessions. The professors helped guide the discussions but otherwise generally stayed out of the way. Interesting to note that the handful of times I criticized Objectivism or Atlas, they were sure to 'correct' me. Not brusquely or rudely, but nonetheless the message was that we were supposed to believe what Rand said (in the group think model, they would be the "mind guards").
  • Unfortunately, his topics were pretty standard fare for those well versed in libertarianism: communism is evil, the welfare state is pretty darn bad too, we need to go back to a commodity standard, and the Fed was the prime mover behind America's Great Recession.
  • So what is the net sum of this potpourri of ideas, quackery, and economics? Some good, I'm sure, but a dangerous potential for evil. I had been a libertarian and Objectivist fanatic for long enough to be familiar with most of the ideas presented in Clemson, but my roommate, who is new to the movement, said he learned a lot, so there's a good chance that many students picked up on a lot of radical right ideas. And there's nothing inherently wrong with that.
  • The trouble is that there were almost no caveats. Dr. Thomson's encouragement to free thinking aside, Rand's ideas were presented as the truth, without any warnings that they were controversial.
  • All too often, as Robert A. Heinlein once said, man is not a rational animal, he is a rationalizing animal. And what's been 'proved' with 'reason' usually turns out to be some arbitrary claim by Rand. As Dr. Eric Daniels said: "To understand political economy, you need to understand man". Sadly, man is perhaps what Objectivism understands the least.
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    "Our ARCHNblog mole "Mr A" goes undercover at an Ayn Rand Institute weekend student workshop. Once a year, the Clemson Institute for the Study of Capitalism hosts a free conference for college students on "The Moral Foundations of Capitalism" and the greatest book ever written in defense of it...oops, I forgot, Atlas Shrugged isn't primarily about capitalism, but hey, it STILL made the best defense of capitalism in the history of the world!"
anonymous

India's Voluntary City - 1 views

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    "Fascinating piece in the NYTimes about a new city in India, a new city of 1.5 million people and more or less no city government." The reference point for the NYTimes article. Marginal Revolution.
anonymous

The Expanding Role of Russia's Youth Groups - 3 views

  • Over the past two years, the Kremlin has been steadily shifting its focus from consolidation within Russia and in Moscow’s former Soviet territory to planning for Russia’s future. Part of that planning involves launching a series of massive economic projects involving modernization and privatization. A more controversial component of Moscow’s plans is the use of the government’s nationalist youth groups, like Nashi and the Young Guard, to create the next generation of leadership.
  • The first step in Russia’s becoming a Eurasian power once again was consolidation
  • The concept of Nashi is nothing new. Aspects of it have been widely compared to the Soviet Komsomol and even the Hitler Youth. Throughout the years, Nashi inspired and incorporated many other groups (both officially and unofficially).
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  • Although these pro-Kremlin groups are not officially part of the government, they all receive a great deal of funding from the government. According to STRATFOR sources, the Russian government spent approximately $250 million on Nashi in the organization’s first year.
  • Nashi’s activities typically are nonviolent, but the group does have a government-trained paramilitary branch that has been used to ensure security and to incite riots. Nashi also took part in protests in Finland and riots in Estonia and is thought to have been responsible for the 2007 cyberattacks against Estonia.
  • Nashi and the other youth organizations have taken on a large social role in the country by organizing large programs with goals ranging from promoting education to discouraging drinking. These programs, plus the unifying element of the youth groups, are preparing the new generation for leadership roles in the government, business and civil society. This is meant to keep Russia strong, nationalistic and united.
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    "When it was founded in 2005, the Russian youth group Nashi was meant to instill nationalism in the next generation of Russian society. Since its inception, Nashi has incorporated other youth groups and founded new groups with the goal of training their members to respect the primacy of the Kremlin; it has eventually evolved into something the Kremlin could use as a foreign policy. Now the Russian state's focus is to use the youth programs to train the next generation to take leadership roles in government, business and civil society."
anonymous

Could You Modify It 'To Stop Students From Becoming This Advanced?' - 0 views

  • This attitude is a natural outgrowth of our decision to operate education as a monopoly.
    • anonymous
       
      I disagree. This attitude is a natural outgrown of our decision to operate education in an inflexible, bureaucratic way. I attended a whole mess of private schools that were no different from public schools in that regard.
  • In a competitive marketplace, educators have incentives to serve each individual child to the best of their ability, because each child can easily be enrolled elsewhere if they fail to do so.
    • anonymous
       
      I'm also not convinced. There are all kinds of economic and geographic limitations that would exist in this mythical 'free market' education environment.
  • It’s easier just to feed children through the system on a uniform conveyor belt based on when they were born.
    • anonymous
       
      Again: Private schools would be no different, in this regard. All that said, I totally agree that what Khan's doing is marvelous and wonderful. I just don't see how CATO can shoehorn the libertarian idealism into it so perfectly.
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    Money: Khan's programmer, Ben Kamens, has heard from teachers who've seen Khan Academy presentations and loved the idea but wondered whether they could modify it "to stop students from becoming this advanced."
anonymous

Agenda: North Korea Resumes Diplomatic Negotiations - 0 views

  • North Korea has been sitting outside of the six-party format, and in many ways has been sending signals that it has no interest to come back into negotiations for well over a year.
  • Pyongyang’s decision to come back into the talks has in some ways caught the other parties off guard. The question that many are asking is, why suddenly is North Korea doing this?
  • one of the main reasons that North Korea looks to be restarting things now is they’re looking towards the future and they’re looking particularly towards next year which is their anniversary year for Kim Il Sung’s birth in the year they call Juche 100.
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  • The North also sees an opportunity right now, given the political situation the United States and South Korea.
  • Their view of what’s happening in Washington is that President Obama, who is heading into the beginnings of the next presidential election cycle, is mired in economic problems that the U.S. president really needs to have a foreign-policy action or a foreign-policy victory.
  • Most people view China as really the power that can, in many ways, turn on and turn off North Korea but ultimately, North Korea perceives China as more of a potential threat to its survival than the United States.
  • China is a massive power, its always been a big population, it pushes up against the North Korean border, the Chinese have asserted their historical ownership what they claim over parts of what North Korea says is its precursor nation.
  • For the Chinese, Korean reunification is not always even a good thing, because if the Koreans reunify, or in particular if the U.S. and the North Koreans sign a peace accord and maybe even move towards diplomatic relations, China loses its leverage and it potentially has the United States able to ultimately push right up to the Yalu River, something that originally brought the Chinese into the Korean War.
  • China is going to be both wanting North Korea to reengage in talks and very concerned that the North Koreans have done this in a way that seems to circumvent China
  • that neither side can fully trust each other and both sides have certain domestic audiences that they need to deal with
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    The North Koreans have unexpectedly re-entered diplomatic negotiations with the United States and with the South Koreans. This comes ahead of North Korea's special hundredth anniversary of the birth of Kim Il Sung, the founder of the country, and it also comes at a time it when Pyongyang is looking to take advantage of what they perceive as political problems in the United States and South Korea.
anonymous

The Debt Ceiling Deal: The Case for Caving (Part 3) - 0 views

  • The Tea Party, in this sense, has succeeded by adopting a rational frustration strategy.
  • You can find fault with the Tea Party’s prescription for balancing the budget—most economists do—but if they hadn’t come to Washington last year, Congress would have waited for a real bond crisis, five or 10 years from now, to create its super committee.
  • We will know, at the close of the next round of negotiations, which game the Tea Party has been playing: Balance the Budget or Kill the King.
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  • I appreciate pquincy’s thoughtful comments. With regard to the reference to divorce, it’s also worth noting that – regardless of whether or not there are children involved – almost all divorce cases (along with almost all other civil cases) are resolved through a bargained solution (i.e., a settlement) rather than a trial. But in the vast majority of cases the bargained solution is not achieved until the parties arrive at a critical deadline such as the eve of trial. This is because, prior to the deadline and as suggested by Brams, “each player has an incentive to dissemble” in pursuit of a better outcome for itself. Since each player intuitively understands this, neither views the other player’s assertions about their “bottom line” to be credible, and neither can convince the other of the genuineness of its own position prior to the deadline.
  • Pquincy ‘s suggestion that this problem should eventually become less acute in a repeated game appears to be correct. But in the game of politics, it seems that (as in litigation), a player can be expected to pretend – in the pursuit of self-interest and for as long as it can – that it is less interested in arriving at a bargained solution than it is in pursuing some sort of abstract principle (such as what it would characterize as “justice” or “the public good”).
  • In contrast to some of the other people that have posted comments in response to this article, I don’t think the outcome that was ultimately arrived at in the debt ceiling negotiations can be fairly attributed to Obama’s having played the game poorly. Rather, I think the outcome was attributable to the fact that it was obvious from the outset that Obama’s objective (regardless of whether one wishes to characterize that objective as “preserving the health and safety of our most vulnerable citizens" or “holding on for a few more years to the remnants of a bloated welfare state”) would unquestionably be placed further out of reach if he were to walk away from whatever deal the other side was ultimately willing to grant as of the deadline. He could not credibly pretend otherwise.
  • Although this article muddles a few basic concepts, it serves to illustrate that game theory offers a relatively straightforward explanation for much of the conflict that exists in the world, certainly a much better explanation than is routinely put forth by partisans and commentators. Brams is spot-on. And it's a cop-out to claim that game theory assumes that people are hyper-rational, or that it does not apply when someone is seeking an unreasonable goal. Even if your adversary's goal is, at least in your view, unreasonable or irrational, game theory allows you to understand how you and your adversary can be expected to behave in the pursuit of your respective objectives.
  •  
    Part 3 of the piece.
anonymous

The Debt Ceiling Deal: The Case for Caving (Part 2) - 0 views

  • Game theorists distinguish between “cooperative” and “noncooperative” games.
  • A cooperative game looks to divide a pie in a way that leaves both sides with trust in the process.
  • The object of the game, as each leader described it, was about how best to divide the pain of closing the deficit, in the same way a family sits down to a pile of bills on the kitchen table.
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  • The two parties in Washington pretended to be playing a cooperative game this summer.
  • The President’s bipartisan commission on deficit reduction, set up late last year and chaired by Democrat Erskine Bowles and Republican Alan Simpson, also played a cooperative game.
  • A noncooperative game lacks a higher authority to impose agreements on both sides.
  • In Washington, no politician is bound to reach a compromise to solve any long-term problem. Everyone, however, is playing a game called “election,” and the only possible goal in that game is to win the next one.
  • If you hear someone in Congress say, “Senator X is just playing politics,” a perfectly legitimate response is, “She has to. Those are the rules of the Constitution.”
  • Anyone who promises to fix or change Washington is merely attempting to impose a cooperative game on a town that, by design, can’t play one.
  • A game theorist would say that the President is trying to play a cooperative game in a town that can’t play along with him. The trouble for the White House is that the Republicans aren’t playing a game called “fix the budget deficit.” They’re necessarily playing one called “defeat Barack Obama.” A reasonable offer seldom works in a divorce; there’s no reason to expect it would in Congress.
  • Obama and the House Republicans, says Steven Brams, were playing chicken this summer, a noncooperative, non-zero-sum game in which both players can lose.
  • Brams argues that there’s no value in trying to determine whether anger is real or feigned; it has the same effect either way.
  • frustration can actually turn a noncooperative game cooperative
  •  
    Part two of the article, because there isn't a 'single page' option. Booo.
anonymous

The Gen-X Nostalgia Boom - 2 views

  • We bristled when we heard them wax self-congratulatory about ending segregation and war
  • We resented their monopoly on cultural space, realizing that “boom” also described what their collective voice would always be, compared with our demographically feeble squeak.
    • anonymous
       
      I was a late bloomer in this regard. When I finally had a small degree of cultural awareness, I began to note things. Mainly that my music sucked, we sucked, and everything was better before I was around.
  • And when they did briefly notice us, in the Generation X media frenzy of the mid-1990s, it was only to reduce diverse people and experiences to catchwords like “slackers” and “grunge” and dismiss paralyzing economic and ecological anxiety as privileged extended-adolescent angst.
    • anonymous
       
      I had that TIME Magazine. I used to read P.J. O'Rourke bitching about my generation. I bristled at being called a gen-x'er (I only ever tolerated grunge). As quickly as that media fascination came, it went. I guess maybe we were 'dealt with'.
  • ...19 more annotations...
  • I would say we were marked by two traits: our dislike of nostalgia and our irritation whenever our barely formed narratives were appropriated and marketed back at us.
  • it brings on something of an identity crisis to see Gen X’s formative years become part of the cycle of retro revivalism
  • Meanwhile MTV is exhuming “Beavis and Butt-head” and “Pop-Up Video,” while Nickelodeon is offering a 1990s-themed block of late-night programming with old shows like “The Adventures of Pete & Pete,” presumably to help herbally sautéed 20-somethings regress in giggly reminiscence.
    • anonymous
       
      With our beer bongs and our hula hoops.
  • Most kids who entered college this year weren’t even born when grunge broke. If it’s too soon, you’re too old.
    • anonymous
       
      Ouch.
  • But of course we are not just the unwilling victims of the 20-year cycle of resuscitation. We are its architects, as a few of us have been able to wrest culturally influential posts away from baby boomers.
    • anonymous
       
      S&H would (probably) argue that this is because Gen X is a reactive one (like Silents). 
  • One of The Onion’s most biting headlines this year: “Winona Ryder finally agrees to sleep with Generation X.”
  • This is the sting in the rising buzz of 1990s nostalgia: It feels like retroactively giving in to those reductive media representations.
  • At that time, the sharpest articulation of generational pique was found in The Baffler
  • Now we’ll get to see how The Baffler dissects the rise of Gen-X-Squared
  • age can prompt even the most cynical to realize not only nostalgia’s sickly-sweet temptation but also its usefulness.
  • What is nostalgia good for, then?
  • it runs search-and-rescue missions against the disposability of consumer capitalism
  • And it raises exception to the great leveling effect of the Internet
  • In intimate terms, nostalgia is a glue that reinforces bonds of solidarity and shared experience
    • anonymous
       
      And that's one reason why, as much as I railed against the Gen X label, I certainly was part of a peer group with shared experiences.
  • Today’s Birthers and Tea Partiers seem less apocalyptic if you remember that the last time a Democratic president battled Republicans over health care and federal budgets, he was being smeared as a conspiratorial murderer.
  • So how can an anti-nostalgic generation honor its past without becoming the thing it hated?
  • One answer is the old standby: Gen X’s endemic, possibly pathological, sarcasm.
  • Rather than the 1990s being, as the demoralizing claim went, the “end of history,” it turned out to be more like a mix-tape pause of history between the fall of the Berlin Wall and 9/11, a kind of break from big convulsions while humankind mainly figured out how to work the Internet.
    • anonymous
       
      That's a great bit.
  • There’s a model here for nostalgia that doesn’t wish away the distance between past and present; doesn’t romanticize the past as tragic and heroic; and doesn’t simply trivialize it (as so much 1980s nostalgia did) as trite and silly.
  •  
    Long before we had much life to look back on, North Americans my age knew that nostalgia was a sickness. It's not that we were aware the term was coined to describe the crippling melancholia that overcame many 17th-century Swiss soldiers when war took them away from the bucolic mountain landscapes of home. It was that, being in our teens and 20s in the early 1990s, we had grown up in the penumbra of the great eclipsing nostalgia of the baby boomers
  •  
    And here I could swear I've been toying with nostalgia my whole life. Mind you, it was always nostalgia for previous countercultural movements.
anonymous

Ukraine's President Under Pressure At Home and Abroad - 0 views

  • Ukrainian President Viktor Yanukovich will visit Sochi, Russia, on Aug. 11 for a meeting with Russian President Dmitri Medvedev. The main topic on the agenda will be the ongoing natural gas pricing negotiations between Kiev and Moscow, which have been a cause of bilateral tensions in the past.
  • The Ukrainian president is under increasing domestic pressure as a result of the trial and arrest of opposition leader and former Prime Minister Yulia Timoshenko for an alleged abuse of power during her time in office.
  • The Ukrainian government has charged Timoshenko with illegally exceeding her authority as prime minister in 2009 to broker a natural gas deal with Russia.
  • ...4 more annotations...
  • these internal issues have begun to affect Ukraine’s foreign relations
  • Any estrangement from the West would have a direct bearing on Ukraine’s relationship with Russia.
  • Ukraine had been using its growing relationship with the European Union as a bargaining chip with Russia in these negotiations, but given that the future health of this relationship is in question, Kiev could be deprived of much of its leverage with Russia.
  • Yanukovich is trying to avoid agreeing to a new natural gas deal on Moscow’s terms, which the Kremlin has said is conditional upon a merger of Russian energy giant Gazprom with Ukrainian energy firm Naftogaz.
  •  
    "The Aug. 11 talks on natural gas pricing between Ukrainian President Viktor Yanukovich and Russian President Dmitri Medvedev in Russia come at a difficult time for the Ukrainian leader."
anonymous

Agenda: The U.S. and China Find Common Ground - 0 views

  • Joe Biden is saying that a close relationship with China is of the utmost importance. The Chinese side of the three-day talks appear to agree, drawing back from sharp criticism of America in recent weeks. But does the dialogue spell improving relationships between the world’s two biggest economies?
  • On the public front there certainly is a lot of apparent ups and down
  • Underneath it, there’s a fairly strong economic link between the two. That link doesn’t necessarily guarantee good relations between them.
  • ...7 more annotations...
  • they’re both trying to get a sense of reassurance and a sense that at least there is an element of stability between what are now the world’s two biggest economies.
  • I think that the talk about pulling Chinese investment out of U.S. bonds out of U.S. treasuries is more rhetoric than anything, although certainly there are elements within China that are raising that up.
  • in the end, the Chinese really have two questions:
  • One, who’s going to buy their stuff if they yank all these savings out of the U.S. and if they contribute to the crash of the U.S. economy. And the second would be who in the world is going to buy all of these if they try to dump them on the market and sell them, there have to be buyers out there.
  • two other trends
  • There seems to be a significant drop in students from the provinces enlisting in the better universities. It also looks as if Beijing is planning a new crackdown on bloggers and social networks.
  • On the one hand, being able to allow their citizens to kind of display their frustration or express themselves through these social networks has been a way to reduce potentially some of the steam that would build up in China that could ultimately kind of explode out against the government.
  •  
    "Rodger Baker reviews U.S. Vice President Joe Biden's speech in Beijing and discusses China's dilemma over social networks."
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