More random links

Born in Unity, South Sudan Is Torn Again
Seems a bit too typical for the UN in face of genocide: "The United Nations, which has 3,000 combat-ready peacekeepers in South Sudan, tracked the advancing fighters from helicopters for days before the massacre and rushed in about 400 soldiers. But the peacekeepers did not fire a single shot, saying they were greatly outnumbered and could have easily been massacred themselves."
The long-run effects of the Scramble for Africa
"The 'Scramble for Africa' – the artificial drawing of African political boundaries among European powers in the end of the 19th century – led to the partitioning of several ethnicities across newly created African states. This columns shows that partitioned ethnic groups have suffered significantly longer and more devastating civil wars."
Canada's election laws changing to reflect Twitter reality
No more blackouts across the country until the polls close in that region.
Price My Ride
Sounds like a cool idea although I'm not sure how well it actually works. Tries to calculate how much a particular new car is likely to cost you on a monthly basis once you account for not only lease/purchase costs but also gas, maintenance, and insurance.
Synthetic Windpipe Is Used to Replace Cancerous One
Seems like a kinda cool approach - basically involving a membrane slathered with (adult) stem cells beginning to act more like tissue. Will have to see how well this works in the longer term.

Random links

Greek disabled unions aghast at inclusion of pedophiles, pyromaniacs on disability list
Now in Greece being a pedophile will get you 35% disability pay (by comparison they pay 10% disability to diabetics. I'm kinda speechless at this time.
The Changing of the Board: The Impact on Firm Valuation of Mandated Female Board Representation
The abstract: "In 2003, a new law required that 40 percent of Norwegian firms’ directors be women – at the time only nine percent of directors were women. We use the pre-quota cross-sectional variation in female board representation to instrument for exogenous changes to corporate boards following the quota. We find that the constraint imposed by the quota caused a significant drop in the stock price at the announcement of the law and a large decline in Tobin’s Q over the following years, consistent with the idea that firms choose boards to maximize value. The quota led to younger and less experienced boards, increases in leverage and acquisitions, and deterioration in operating performance, consistent with less capable boards."
Harder for Americans to Rise From Lower Rungs
How much of this is likely to be the effect of divorce? Education costs in the US would seem likely to account for some of this, but divorce (with the resulting single-parent families likely to be comparatively poor plus lacking in other aspects) seems like a good argument for a cause. Why divorce might matter more in the US would likely be lower levels of social support relative to other countries (with such more expansive systems likely hurting the long-term economic viability of these countries - as we see in pension systems in much of the world right now).
Solo diners find a new companion right at their fingertips
"It's almost rare now that a single diner will walk in without some type of device ... It’s really changed the experience for single diners." I have to admit to pulling out a phone in a restaurant for some random web surfing... and an ebook reader too. Still I don't mind the old paperback.

How to maintain balance?

Step one appears to be: Don't be Paul Krugman. If you don't know him, he's a Nobel Prize winning economist who writes for the New York Times, but I'd consider his name being attached to an article is a strong indication that it's not worth reading. Why? To quote Alex Tabarrok, commenting on a situation in which Krugman gave opposing advice a few years apart:

... one thing remains constant in all of Krugman’s writings, anyone who disagrees with him is portrayed as a mendacious idiot.

and, when Krugman responded, posted again with the observation that

the issue is not that Krugman changed his mind (I’ve done that plenty, Alex too). The issue is that Krugman a) regularly demonizes his opponents, including those who hold Krugman’s old positions, and b) doesn’t work very hard to produce the strongest possible case against his arguments.

Do you buy Krugman's argument that...

I realized that I also wanted to say something in response to the concern trolling, the “if you were more moderate you’d have more influence” stuff. Again, this amounts to wishing that we lived in a different world. First, there is no such thing in modern America as a pundit respected by both sides. Second, there are people writing about economic issues who are a lot less confrontational than I am; how often do you hear about them? This is not a game, and it is also not a dinner party; you have to be clear and forceful to get heard at all.

I can't say that I agree. I'd throw him in the same category as Rush Limbaugh, Michael Moore, Ann Coulter, and other similar commentators who, despite getting a relatively large amount of media attention, generally aren't worth paying attention to.

What do you with regard to columnists that seem to regularly miss things? e.g. one of my criticisms of a few of the New York Times columnists is how their emphasis on gender issues seems to miss large parts of the problem - and thereby also missing promising solutions. e.g. a recent New York Times article, For Somali Women, Pain of Being a Spoil of War, talks a lot about the problems faced by women in that of the world. What does the article largely seem to miss - that women seem to be the only ones left to victimize in many of those communities - the one small note that "The famine and mass displacement, which began over the summer, have made women and girls more vulnerable. So many Somali communities have been disbanded, and with armed groups forcing men and boys into their militias, it is often single women, with children in tow, who set off on the dangerous odyssey to refugee camps." Solve the community breakup problem and I'd expect to see a resulting decrease in the sexual assaults and the like in those communities.

Of course, if you're not regularly reading the New York Times, is such a note particularly useful?

Random links

Factory Jobs Gain, but Wages Retreat
"... for a new generation of blue-collar workers, even those protected by unions, the price of employment is likely to be lower wages stretching to retirement." Should this surprise you? Not all that much I'd suggest. "The wages for the new hires, however, are $10 to $15 an hour less than the pay scale for hourly employees already on staff — with the additional concession that the newcomers will not catch up for the foreseeable future." The wonderful results of union labor and entrenched interests. Still seems like not a bad reason to shut the factory down. Maybe the city's incentives to operate factories should be seen as only subsidizing the income paid these older workers? Yay, intergenerational wealth transfer...
[Congressional Research Service] on Income Inequality
"The poorest 20% of tax filers experienced a 6% reduction in income while the top 0.1% of tax filers saw their income almost double. Tax filers in the middle of the income distribution experienced about a 10% increase in income ... overall income inequality would likely have increased even in the absence of tax policy changes."
A Single Boeing 777 Engine Delivers Twice the Horsepower of All the Titanic's
" Bangalore Aviation points out that a single GE90-115B engine puts out over 110,000 horsepower, or more than twice the design output of all the Titanic's steam engines." As one of the commentators noted you should include that "Steam engines have very high force multipliers (think Newton) and jets have very low force multipliers."
The Dumbest Idea In The World: Maximizing Shareholder Value
The stock market versus the real market. Worth a read.

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