Tuesday assorted links

by on September 5, 2017 at 11:29 am in Uncategorized | Permalink

1 Anonymous September 5, 2017 at 12:03 pm

I feel like banning cryptocurrencies would be an optimistic move at this point. It says that institutions are both stable and sufficient.

Bitcoin always had a burn it down linkage, that governments and banks and international settlement could not get us to where we want to go.

I say they can, and FWIW all my assets are USD reliant.

2 Brian Donohue September 5, 2017 at 12:44 pm

In the end, cryptocurrencies may keep fiat currency producers a bit more honest regardless of their ultimate penetration. Sorta like a competitive fringe waiting in the wings.

3 Crab September 5, 2017 at 2:04 pm

“I feel like banning cryptocurrencies would be an optimistic move at this point. It says that institutions are both stable and sufficient.”

Doesn’t it say the exact opposite of that? If institutions were both stable and sufficient they wouldn’t need to ban it, right? Is this sarcasm?

4 Anonymous September 5, 2017 at 3:36 pm

Lots of things are banned that rational and otherwise law abiding people would avoid anyway.

But yes, banning presumes more harm than good.

5 EverExtruder September 5, 2017 at 12:07 pm

#1 This sounds like a horrible movie.

#4 Anything that serves as a better repository for value than the current basket of ridiculously overleveraged currencies we have now is a good thing. However, I remain dubious as to the efficacy of crypto-currencies to fill that role. A third world war will reveal the answer.

#5 Are women more irrationally cautious than men?

6 msgkings September 5, 2017 at 1:50 pm

#4, so no world war no answer then?

7 EverExtruder September 5, 2017 at 2:27 pm

It’s a chicken an egg issue. Either people will see that the emperor has no clothes and it will precipitate a conflict or a conflict will reveal the emperor has no clothes. Personally I feel conflict is inevitable. Too many nations have severe structural issues economically and deeper problems demographically to let this show go on any longer. It will be interesting to see what happens when the boomers start to pull their money from the markets en mass for instance. The underfunded (or completely unfunded) obligations for social liabilities they have are unsustainable and the next generations are getting more mobile (meaning they’ll just leave when the music stops) but have less real purchasing power and diminishing employment prospects. Some day the money printing will end. It always does. The day that happens will be a bad day globally but we’ll have an answer. Take that how you will.

8 msgkings September 5, 2017 at 2:40 pm

Thanks, this is how I take that: http://www.rationaloptimist.com

9 Brian Donohue September 5, 2017 at 2:59 pm

If you think Boomers have screwed it all up, you should be clamoring for the money printing to BEGIN before they shuffle off this mortal coil.

10 EverExtruder September 5, 2017 at 3:43 pm

“The underfunded (or completely unfunded) obligations for social liabilities they have are unsustainable…”

I meant nations not just the boomers. But yeah…them too I guess now that I think about it.

11 dearieme September 5, 2017 at 12:10 pm

“1. The new movie Columbus is a masterpiece.” Is it ‘based on a true story’?

12 dearieme September 5, 2017 at 12:12 pm

“Michelle Forbes, moving and lived-in”: Good God, poor girl – compared to an RV.

13 Anonymous September 5, 2017 at 12:11 pm

“Bitcoin always had a burn it down linkage ..”

“A third world war will reveal the answer.”

lolz

14 The Other Jim September 5, 2017 at 12:16 pm

I think you meant Columbo, big guy.

Such is life in Thiago’s head.

15 Thiago Ribeiro September 5, 2017 at 12:40 pm

So you have Columbo’s TV show in America, too? What a country!

16 dearieme September 5, 2017 at 1:08 pm

You ought to be stomped you fucking beta-cuck.

17 JK Brown September 5, 2017 at 12:37 pm

#1 – Teen/20-something angst, commentary on middle Americans and the architecture is a major co-star. I’ll pass.

“The modernist landmarks in Columbus (incidentally the hometown of Vice President Mike Pence) are true co-stars here. Casey’s appreciation of the “healing power” of buildings stirs something in Jin that never quite connected when he was with his father (although it’s surely no coincidence their bond coincides with his father’s coma), and the film’s gentle explorations of class divides — we’re constantly reminded of the people trying to make a living inside of these works of art — qualify as a timely addition to the current national dialog.”

18 Pshrnk September 5, 2017 at 3:49 pm

Columbus is a lovely town. It is the hometown of Mike Pence, but far more importantly the hometown of Tony Stewart.

19 Ben September 5, 2017 at 12:43 pm

#5. why are people valuing the shares for more than fair value. the paper has an appendix which has the instructions given to the people. in the instructions it even explains what is the fair value at each period. people undervaluing because they are risk adverse is at least a reasonable explanation. i guess maybe people who were over valuing the securities just saw them as a fun way to gamble?

http://www.gmu.edu/schools/chss/economics/icesworkingpapers.gmu.edu/pdf/1063.pdf

20 Axa September 5, 2017 at 12:49 pm

#4: It’ not even funny to laugh at it. I’ve read many crazy things about crypto in the last 2 months. If people is really putting money there…..the crypto bubble burst may be near.

21 The Engineer September 5, 2017 at 1:12 pm

I spent much time in Columbus, selling into Cummins, where they are headquartered, and I can’t even remember ONE of these modernist buildings. Haven’t been there in 10 years, but still. I can vividly remember, for example, the World Trade Center lobby, which I visited 20 years ago.

22 The Cuck-Meister General September 5, 2017 at 1:40 pm

Hmmm well I assume Cummins is where they manufacture cum but what did you sell to them?

23 Hazel Meade September 5, 2017 at 1:18 pm

1. This is a test to see how many people will start arguing about Christopher Columbus without bothering to read the link, right?

24 Believe it! September 5, 2017 at 1:25 pm

Oh this blog is really not much better than an episode of the Maurie Povich show.

25 Thanatos Savehn September 5, 2017 at 1:46 pm

#5 Aha! Western Wolf Dad + Asian Tiger Mom -> Khan Noonien Singh. I’ve been wondering about such recent pairings but hadn’t picked up the mate-selection-based-on-risk-taking-appetite dimension.

Charles Murray needs to update “Coming Apart”; or maybe Game of Thrones has already started this conversation. The future looks set for the Sheeple: either peaceful pointless serfdom, Fentanyl, or dragon chow.

26 Thanatos Savehn September 5, 2017 at 1:50 pm

And by this comment I have proven myself the biggest cuck with the smallest cock on this blog! Hazzah!

27 msgkings September 5, 2017 at 1:53 pm

Look at you, you got it all figured out!

28 Axa September 5, 2017 at 1:58 pm

Relax, America already had an addiction epidemic and is still hanging around 😉 https://longreads.com/2017/08/29/americas-first-addiction-epidemic/

29 Thanatos Savehn September 5, 2017 at 7:33 pm

Obviously I should have left out the Fentanyl reference as it detracted from my point, which was: if the smart are marrying the smart, the 2 marshmallow kids the 2 marshmallow kids, the high achievers, the high achievers, then the risk takers marrying the risk takers is just another dimension to the coming world of the rich, bold and beautiful and … everyone else. And that society will be, I think, rather unprecedented.

30 Thiago Ribeiro September 5, 2017 at 2:25 pm

#1 So is it really not about the TV detective? They wasted a perfectly good title.

31 Adrian Ratnapala September 5, 2017 at 3:30 pm

It’s important to take not of when things are spelled wrongly. Or at least spelled latinwise.

32 naughty nosey September 5, 2017 at 4:19 pm

8 million Britons think showering ONCE A WEEK is OK.
Huh, is that right?

FEE FI FO FUM I SMELL THE BLOOD OF NON-ENGLISHMEN!

Smells like Diversity.

33 gab September 6, 2017 at 12:30 am

This was my favorite line, “It also found that women on average take an extra five minutes when they use the shower, with the men’s average hitting seven minutes to the women’s 13 minutes.”

They not only smell, they can’t do math.

34 Ricardo September 6, 2017 at 3:38 am

12.6 minus 7.4, for instance, would get rounded down to 5.

35 mkt42 September 5, 2017 at 5:02 pm

1: I haven’t seen the movie yet, but Columbus, IN the town lives up to the hype. An incredible collection of buildings (and some houses) designed by world famous architects. Even the jail is remarkable:
http://c8.alamy.com/comp/DG776J/bartholomew-county-jail-columbus-indiana-DG776J.jpg

36 rayward September 5, 2017 at 5:13 pm

1. I suppose every state has a Columbus – in this case Indiana. The reviewer mentions that VP Pence is from Columbus, Pence being a God-fearing man (or claims to be). I can’t get out of my mind the evangelicals laying hands on Trump as he sits at his desk in the oval office. Is this film a set-piece on the conflict between the God-fearing middle America and the secularists on the coasts, those who contemplate and those who don’t? And there was a popular film titled Goodbye, Columbus! Goodbye. Ironically, the contracted form of “God be with you”. God be with you, too.

37 Art Deco September 5, 2017 at 5:39 pm

I can’t get out of my mind the evangelicals laying hands on Trump as he sits at his desk in the oval office.

Well, you’re kinda of a creep.

38 gab September 6, 2017 at 12:32 am

“…kinda of a creep” is redundant.

And frankly, I found it creepy as well.

39 ohwilleke September 5, 2017 at 6:20 pm

#4 It makes no sense whatsoever to call the set of circumstances that they describe neo-Medieval. There is really no similarity between the medieval state of affairs and the anarchist regime that is imagined.

40 efim polenov September 5, 2017 at 10:43 pm

I watched the trailer for Columbus. I am no big fan of the ‘Mies’-‘Bauhaus’-‘Wright on a bad day’ school of architecture, but when that old strain of modernism shows up in a small town like Columbus, Indiana, in a humble non-arrogant way (the great decades of Westerns, the 40s and 50s, were closer in time to the real old west – the 1870s and the 1880s – than we are to the old-timers of the 1920s and 1930s who thought up those crazy modernist buildings, so long ago, so we can now all stop quoting Tom Wolfe and can start appreciating the rare 2 or 3 hundred buildings out of the millions of buildings in the world that are modernist and likable), it does give a more-than-nostalgic booster shot to just about anyone’s view of truth, and beauty, and nice passionately simple houses with trees in the yard, happy trees that do not seek to be significant, but are (my most prized possession is a postcard my sister sent me decades ago, a simple view of Notre Dame de Paris rising above the green trees of the Ile de la Cite, after sunset, but not so long after sunset that they were not still green. Imagine the beauty of that!). The trailer for Columbus reminded me of how good the Japanese cinematographers back in the day were – and if you look at the last 10 to 20 seconds of the trailer, where the cinematographer has left off being tricky – you might want to see the whole movie. Then again what do I know. Also the trailer has a couple scenes that remind me of Kelly Chen’s version of “How Gentle is the Rain”, the version with the Japanese love story that was a huge hit everywhere but America a couple years ago.

41 efim polenov September 5, 2017 at 11:05 pm

to be fair almost no movies are that popular. the Japanese love story movie (My Rainy Days) is a huge hit on youtube, backing up the most popular versions of Bach’s “How Gentle is the Rain” (with Kelly Chen on vocals) and the longest hit of Karen and Richard Carpenter, “Goodbye to Love” (not that the artists meant what the title seems to have meant to say – take my word for it, or not), but it was not a huge hit (outside of Youtube), as I incorrectly stated previously. It is good to be accurate, as I used to tell the guys who packed my parachutes. (true story, sort of).

42 anonymous as usual September 5, 2017 at 11:30 pm

also no movie needs to be seen on the big screen; it is good, but not necessary. I learned this when i spent a few months in the west, long ago, and was reminded of it when I revisited it (“the West”) a couple times. If you have seen western skyscapes and those adorable near-infinite miles of creosote bushes roughing it out in their little creosote way in those near infinite western states, all you need is a couple seconds of some black and white western from the 30s, viewed on some scrubby little thrift store TV that Maxwell himself could have built, to remind you of all that glory. (I mix Maxwell and Bell up a lot but I shouldn’t, Bell was the guy who married my grandmother’s aunt’s cousin and Maxwell wasn’t).

43 dux.ie September 5, 2017 at 11:34 pm

#5 “””Why China’s women might be as bold—and reckless—as men is open to debate.”””

The OECD PISA survey with large sample size has shown that students from East Asia (except Japanese), descendents of the Viking nations (e.g. Denmark, Sweden, Norway, and partially UK), historically recent frontier countrys (e.g. Canada, Australia, NewZealand) share common trait of being very competitive, thrive under competitive stress and thus are risk takers. At the same time most other European students are on average competition and risk aversed. The scatterplot showed a sloped pitchfork distribution.

For the competition seekers,

PISA3=+1.54352*WantBestPct+400.991; # n=14; Rsq=0.3779; p=0.01931

For the competition aversed,

PISA3 = -1.28487*WantBestPct +558.715; # n=57; Rsq=0.2372; p=0.0001222

These characteristics interestingly correlated with the frequency of the COMT warrior gene SNP marker rs4680 with allele G,

For the competition seekers,

PISA3 = +883.735*ComtGFreqU -137.259; # n=20; Rsq=0.5526; p=0.0001726

For the competition aversed,

PISA3 = -251.265*ComtGFreqH +614.487; # n=36; Rsq=0.08606; p=0.08248

the fit for the last equation is poor as the interests for many of these countries from the OECD economists and global geneticists do no overlap.

Although the OECD PISA project did not publish competition data with respect to gender, the genetic distribution of COMT allele G is very interesting, e.g.

rs4680 FIN Female A 0.61 G 0.39

rs4680 FIN Male A 0.55 G 0.45

rs4680 CEU European Female A 0.48 G 0.52

rs4680 CEU European Male A 0.45 G 0.55

rs4680 CHB BeijingChinese Female A 0.32 G 0.68

rs4680 CHB BeijingChinese Male A 0.32 G 0.68

rs4680 CHS SouthernChinese Female A 0.24 G 0.76

rs4680 CHS SouthernChinese Male A 0.33 G 0.67

Not only the distribution of the warrior gene for Chinese female higher than that for European male, for southern Chinese female that number is even much higher than that for north or south Chinese male. It is apparent that the Chinese females could be as bold if not bolder than men everwhere.

Previously I tried to call rs4680 with allele G the grit gene. It might be more interesting to call it the ‘Tiger Mum Gene’ as it correlates with high academic achievements, competition seeking, risk taking, able to endure competitive stress, and expect their children to behave the same.

44 dux.ie September 6, 2017 at 12:00 am

Taiwanese, HongKonger, Singaporean, Vietnamese Chinese and old family American Chinese are mostly with southern Chinese ancestry.

45 Sean P. September 5, 2017 at 11:55 pm

I have actually seen Columbus and it is very good. It reminds me a lot of Hirokazu Koreeda or the early David Gordon Green movies (but with an actual script). Definitely worth seeing if you are at all interested in architecture, even if you hate the modern architecture featured in the movie.

46 mkt42 September 7, 2017 at 4:58 am

Yup, just saw it tonight. Exquisitely designed and filmed. Reminiscent of Ozu’s films too. I thought the acting was excellent and the characters highly believable, although their relationship seemed a bit artificial.

MR has commented on Americans’ lack of geographic mobility in recent years, and the quandary is shown in stark terms: should — or can — Casey leave her hometown and mother behind? Jin meanwhile travels thousands of miles to find himself tied down, unwillingly, to his father and pretty much stuck in Columbus. But as the movie depicts, if you have any interest at all in architecture then Columbus is pretty much the best small town to be stuck in.

Having been to Columbus, I could predict some of the shots and scenes because so much about the town begs to be photographed or filmed. E.g. it’s inevitable that Jin will stay at the Inn at Irwin Gardens. But I had only a half day to spend, so there were some sights in town that I missed, including the Miller House (#1 on Casey’s list, you have to reserve a tour in advance), the First Financial Bank (#3 on her list), and that weird tower in Mill Race Park.

I must confess that I hadn’t heard of Deborah Berke before seeing this movie.

The movie did not skimp on the details. I was skeptical of the scene where the two characters first met but looking at a map, sure enough the library is right next door to Irwin Gardens, a detail that I’d forgotten.

The dialog was also excellent, erudite yet natural, with some very good lines. “Not very modernist, is it?” “That’s brutal.”

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