TED: Yasheng Huang: Does democracy stifle economic growth?

Grasping at straws...

It may be that "the major carbon repository in Earth is probably the mantle, rather than the atmosphere or biosphere, but it is the least well understood," Walter told OurAmazingPlanet. "The mantle reservoir might affect the global cycle over Earth's history."

From here.   The grasping at straws part comes from the wild hope that the solution to our global warming problem somehow lies in harnessing the mantle.

Epigenetics

For plants at least, genes are not destiny.

There apparently is significant variation in which genes express themselves and how and when.

Politics

US Congressional candidates that I support - needless to say, all Democrats.

1. Rush Holt (incumbent, NJ district 12, my representative)
2. Bill Foster (seeking the Illinois 11th district seat)
3. Manan Trivedi (seeking the Pennsylvania 6th district seat)

Holt and Foster are ex-physicists; Manan Trivedi is a physician and also has the blessings of Arsha Vidya Gurukulam.

I think this is the extent of my support for the 2012 elections, unless you find me some more ex-physicists. :)

Trivandrum Rising

A blog.  This article is on the Vizhinjam Port Project.

Trump as a counterindicator on gold

Amusing story.

Oh, brother.

When a self-promoter like The Donald jumps on a bandwagon, you know it's getting a little old. For all his big reputation, Trump's career over the past two decades is littered with the wreckage of high-profile deals he cut at the peak of each boom. Think: Trump Taj Mahal casino (bankruptcy, 1991). Trump Hotels & Casino Resorts (2004). Trump Entertainment Resorts (2009).

Or the "Trump International Hotel & Tower," a luxury condo development in Fort Lauderdale planned and built in… happier times.

News that Trump is backing gold comes after the metal has already skyrocketed in price. Gold has so far jumped nearly 30% so far this year, and more than 500% in a decade.

What's next?

What goes up...

What goes up, may come down. Here is the historical real price of gold, as per Paul Krugman:

Of course, there are some secular trends now that were not there in the 1980s- namely the increasing buying power in the gold-hungry countries of India and China. So when the price of gold eases, it will probably stabilize at a higher real price than the 1985-2006 average. I suppose.

The Portents

Republican Bob Turner won a Congressional by-election in a heavily Democratic district in New York, running on the theme that this was a referendum on President Obama.

This points towards the Republicans gaining the Presidency, retaining the House and perhaps taking the Senate in 2012. There is already a Republican Supreme Court.

Why this is a bad idea: the short version by CIP, or the long version by Mike Lofgren.

I predict an overall end to the New Deal, beginning 2013, and another lost decade for the American middle class.

PS: It is so unstoppable, all I can suggest, is put your head down and work hard to climb out of the middle class. Yes, that is unrealistic; but it is more realistic than trying to divert a hurricane.

Graeber on the origins of money

At Delong, or at CIP.

Crudely: Gifts, credit, debt came first, money and barter followed.

In the shadow of Saturn

NASA picture.

Is our universe asymmetric?

CIP highlighted a paper just out,< in which the researchers look at how fast the universe is expanding in different directions, and find an asymmetry. How they examine this is by looking at the data from 557 type1A supernovae. These supernovae are well-calibrated "standard candles" which means that we know their intrinsic brightness. Their observed brightness, and their redshifts tell us how far away they are and how fast they are receding from us. Well, they find an asymmetry. The link that CIP provided gives a better description than my two sentences above.

If Obama purchased a car

If President Obama were to purchase a car, especially if it were from a dealer who was Republican, Obama's starting bid would be Manufacturer's Suggested Retail Price.

The difference between two Presidents

It is Thomas Friedman, but on the other hand there is Bush-bashing, who can resist.

Why has this been a lost decade? An answer can be found in one simple comparison: How Dwight Eisenhower and his successors used the cold war and how George W. Bush used 9/11. America had to face down the Russians in the cold war. America had to respond to 9/11 and the threat of Al Qaeda. But the critical difference between the two was this: Beginning with Eisenhower and continuing to some degree with every cold war president, we used the cold war and the Russian threat as a reason and motivator to do big, hard things together at home — to do nation-building in America. We used it to build the interstate highway system, put a man on the moon, push out the boundaries of science, teach new languages, maintain fiscal discipline and, when needed, raise taxes. We won the cold war with collective action.

George W. Bush did the opposite. He used 9/11 as an excuse to lower taxes, to start two wars that — for the first time in our history — were not paid for by tax increases, and to create a costly new entitlement in Medicare prescription drugs.

Stalled

Shot at 1/5000 sec, so these look as though their engines have stalled.

A World of Hurt

From CalculatedRisk

Thought for the day

From RJ Lipton's blog (included in the blog list on the left) this quote from Martin Grötschel (2003):

that a benchmark production planning model solved using linear programming would have taken 82 years to solve in 1988, using the computers and the linear programming algorithms of the day. Fifteen years later—in 2003—this same model could be solved in roughly 1 minute, an improvement by a factor of roughly 43 million. Of this, a factor of roughly 1,000 was due to increased processor speed, whereas a factor of roughly 43,000 was due to improvements in algorithms! 

Tirukkural

Here.

Sustained and courageous effort enables man to see Fate turn its back and flee from the field.

Forbes: Why Amazon can't make the Kindle in America

Forbes: Well worth reading, thinking about, and acting upon.

“So the decline of manufacturing in a region sets off a chain reaction. Once manufacturing is outsourced, process-engineering expertise can’t be maintained, since it depends on daily interactions with manufacturing. Without process-engineering capabilities, companies find it increasingly difficult to conduct advanced research on next-generation process technologies. Without the ability to develop such new processes, they find they can no longer develop new products. In the long term, then, an economy that lacks an infrastructure for advanced process engineering and manufacturing will lose its ability to innovate.”

Dowd, Obama, Frost

Maureen Dowd had this in the NYT:

Obama was truly stung by his budget experience with John Boehner. And now, Senator Tom Coburn, whom Obama called “not only a dear friend, but also a brother in Christ” at February’s National Prayer Breakfast, tells a town hall in Oklahoma that Obama’s views are “goofy and wrong,” and that the president wants to “create dependency” because “as an African-American male,” he had received “tremendous benefit” from government programs.


There is no way to sell the idea that being a black man in America gives you tremendous benefit.
How does Obama feel after his brother in Christ painted him as something akin to a welfare queen and an affirmative-action president?

Let us take today’s lesson from Frost, who deliciously wrote in “The Lesson for Today”:

I’m liberal. You, you aristocrat,
Won’t know exactly what I mean by that.
I mean so altruistically moral
I never take my own side in a quarrel.

US Health Care

An examination of the problem at dailykos.com.