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Opportunities and their costs

I really don't know what to say about the opinion piece "Raise Wages, Not Walls", by Michael Dukakis and Daniel J.B. Mitchell. The most benevolent explanation that I can think of that it is an extremely subtle satire of leftism. The scary thing about this piece is that there once was a chance of its author becoming the President of the United States, even though later it turned out that there really wasn't such chance. Even so, it actually scares me to think that the vast majority people out there could read this piece and see nothing logically wrong in its argument that if employers hire illegal immigrants for subminimum wages because citizens don't do those jobs, somehow increasing the minimum wage would increase the number of citizens working those jobs. There is just so much wrong with this panglossian article that while I was reading it, I kept thinking that it can't possibly get any worse, but it just does. The boys at Reason Hit & Run are having fun with it with the post "Destroying Jobs Is a Feature, Not a Bug!"

(My Finnish readers who are not old enough to know or don't remember who Michael Dukakis is might want to check out his Wikipedia page, especially his lopsided loss in the presidential race against Ronald Reagan Bush the Elder. Of course, with modern techniques of advertising, polling and focus groups, there will never again be a U.S. presidential election in which one candidate wins by more than two or three percent in the popular vote or by more than 50 electoral votes, barring the last-minute scenarios with dead girls or live boys.)

Speaking of American politics, even though my wife religiously watches the hip, snarky and satirical fake newsshow "The Daily Show with Jon Stewart", the same way that I used to, my enjoyment of this show has been markedly declining for the past few months, as if the show itself had jumped the shark and that every single episode was exactly the same. An issue or two ago the Mad Magazine (and when was the last time that that magazine was in any way relevant, a few decades ago or something like that?) perfectly deconstructed a typical Daily Show episode, and by doing this so very easily, almost without an effort, revealed what a vapid and shallow target the whole Daily Show really is. (I had been expecting Udolpho to eventually write something scathing about The Daily Show, but I guess that there really is no need to.) It always has the same Jon Stewart jokes and mannerisms which are not funny the hundredth time, followed by the same snickering about the out-of-context sentences from politicians, all greeted with equally stupid laughter from the studio audience.

On a lighter note, of course many people out there are idiots, as the Naval Safety Center site "Photos of the Week" vividly illustrates. Or perhaps their preferences and time orientation are simply different from the mainstream. These people are stupid in the physical world, but a more intellectual type of jolly moron is revealed in the post "The Observers And The Observed" at Discriminations. The logical scaffolding seen there, although abstract, is just as flimsy as the silliest jerry-rigged contraptions in the Safety Center image collection.

I have read that the bookkeepers in Hollywood are good in turning profits to losses and vice versa, but even so, "‘Crash’ Principals Still Await Payments for Their Work" sounds pretty ridiculous to me.

Compared to Americans or even Canadians, my total student loan was a pittance, about ten grand in Canadian dollars. Even though education is free in all levels, one still has to live (and travel a couple of times to Canada), and studying full time allowed me to get my M.Sc. degree in only three and a half years after high school instead of the average six years, and since I got paid to work at the department while studying for my Ph.D. after that (even though that degree took me only about a year and a half, despite teaching quite a lot), I'd say that in overall, doing things that way instead of working at some cash register was a good investment. When we got married, the student loan was the first thing we paid off after the first year together. This was actually perhaps a mistake in retrospect, since putting the same money in mutual funds would have doubled it in five years back then. Ah well, hindsight is always perfect 20/20. I was remound of all this by the post "Freedom 42" at "I, Ectomorph". Excellent. Now that you are free from the chains of the debt monster, go and live your life soaring high like an eagle!

More knowledge is always good, but with increased knowledge also comes increased responsibility when you no longer get to plead ignorance. The opinion piece "Confessions of a "Genetic Outlaw"" laments this fact when it comes to genetic screening. Once you have the genetic screening techniques available, refusing to use them is morally no different from refusing to check whether anybody is crossing the street at the intersection before stepping on the gas pedal of your car to zoom through it. Or someone who knowingly runs over a kid with a car to cripple him and then later tries to tell you that it is nothing but evil nazi eugenics to try to keep kids able-bodied.

My reader from Britain informs me about the news article "Are nurses angels? I don't think so" that offers one view of what the British national health care system has recently become like.

A few days ago, Americans were happy that Lance Armstrong had a worthy successor in Floyd Landis. However, CNN reports that "Landis tests positive" for doping. Frankly, the way that incentives are set in this particular sport and especially Tour de France, I would be surprised if any of the top competitors did not use doping. That is way that winner-takes-all fields generally work, even a small advantage can make a huge difference in final results.

I don't know if Dennis Mangan has been reading The Danimal, who often enjoys pointing out that as much as women love to complain about the "superficial" requirements of male attraction, women are way more superficial and intolerant when it comes to the height of men they would choose to date. If the man falls under a certain threshold in this respect, he can pretty much forget it. Then again, it's not like this is a difficult correlation to observe in the real world, across all cultures. I guess that as long as The Danimal remains in the dusty old Usenet, Dennis is the closest thing to the Master himself in the blogosphere that I have to look up to, as evidenced, for example, by the post "Random Notes on Sexual Attraction". However, I'd like to point out that with the sentence

Seems to me obvious that she doesn't like the competition, however remote the possibility that it would affect her.

about the white woman being surly about a white man admiring Asian woman, we must not pretend that one could somehow magically be safe from the effects of competition. Dennis is not saying so, but this is just something that I'd like to remind everybody of. In any market, be it housing, employment (both hiring and salary negotiation), choice of short- and long-term sexual mating or whatever, we only get to see and directly experience a teeny-tiny local subset of all global participants in that market. But it most certainly does not follow that what we can't see wouldn't affect us in several important ways. Even if we don't know where and why it comes from, we can all feel the effects of the invisible push and pull that results from the aggregate of the individual preferences and choices of all global participants, and these effects are very real even if we directly get to experience only a few local neighbours. This strong but invisible pull of market forces sets up the local conditions that each person has to operate under pretty firmly, and there is no way to escape these forces or the conditions that they impose, no matter how "remote" their origins are.

Usually there is very little that one can locally do to change the local shape of the global playing field. When you apply for a job, want to buy a house or to date some attractive member of the opposite sex, perhaps only a handful of other people are your direct "rivals" in the sense that they would also actively want to have this particular job, house or date, while the vast majority of the six billion people on Earth couldn't care less. But you also have billions of invisible "potential rivals" whose aggregate preferences, choices and actions have already pretty much decided what the salary for that job or the price of that house is going to be, or what kind of person the object of your romantic attempts would like to date and marry, and there really isn't very much leeway left for negotiations. Even the preferences and choices of somebody who lives on the other side of the nation and would never move to live in your town indirectly affect the price you have to pay for your house, via a long chain of shorter-range market effects.

Sure, random fluctuations happen, and in certain sense the whole concept of "market value" is just a huge tautology. But as The Danimal puts it, few homeless midgets ever get to date supermodels, and few mansions are sold for $10. If you are selling a mansion, you'll certainly put the asking price way higher than that, even if you don't personally happen to know anybody who is currently looking to buy that particular mansion. Like the water that always seeks its own level, so do the market prices. What this all means for the options that men and women have in choosing their partners is left as an exercise for the reader. Oh, I know, I know, it is just wrong to analyze human relationships using any concepts of economics, because romantic love is just something that just happens when you least expect it. As "Delenda Est Carthago" put it in the post "Beware Foreign Women!":

Note to commenters: the rules of economic analyses apply to all spheres of our existence, including, in aggregate, the personal ones discussed above, notwithstanding the random noise in the system. So please don't tell me I'm a reprobate for "turning people into commodities" or some such rot. That isn't my point and you ought to know it.

But then again, romantic love can triumph over all. I remember when I was a kid reading a magazine article about some Finnish women who had married into some Mediterranean island with a more... traditional views on woman's place and social life. When the reporter asked if being expected to stay home and dress modestly is oppressive, these women immediately started explaining that their position doesn't mean that they aren't "strong" and "independent" and "respected". Even though my understanding of the ways of the world and the sense of bullshit weren't quite as finely developed as they are today, I recall immediately wondering if these women would be saying that if some Finnish husband had imposed the exact same conditions and duties on them. Probably not. But I'd say that the most revealing thing about Western feminism is the way they just adore cultures whose mainstream is more primitive and oppressive than anything that can be found in the West these days, even if they simultaneously chastise the Western men for even their slightest transgressions against equality. Could it be that their real problem with the Western culture and men is not their supposed "masculinity" or "oppression" but something completely different, and that these are just convenient excuses available at hand? Nah, perish the thought. Meanwhile, the posts "Immigrants are bringing female circumcision to Britain" at "Modern Tribalist" and "Misogyny in Mexico" by Dennis Mangan provide enlightening views on certain non-Western (and thus automatically morally superior) cultures.

6 comments

Dukakis actually lost to Bush in 1988. Reagan beat Carter in 1980 and then Mondale in 1984.

D'oh!

I wrote about Jon Stewart here:

http://www.udolpho.com/weblog/?id=00632&title=Jon-Stewart-is-a-clown-and-hes-only-funny-if-youre-too-dumb-to-notice-that

I want to impart something to idiot economists everywhere who fear a minimum wage increase would decrease jobs. Yes, this means you.........NOW READ DAMMIT...


Landscaping jobs MUST be done HERE.

Construction jobs MUST be done HERE (unless you build a house in 'Mehico and SHIP the damn thing here).

Fast food jobs MUST BE DONE HERE.

WAL MART MUST BE DONE HERE.

Retail MUST BE DONE HERE.


Any dumbass pseudo economists see a trend here? Only manufacturing of goods that can be moved (i.e. everything except a brick and mortar house) can be taken offshore (China's still the cheapest, but dont rule out Africa in coming decades because there is REALLY WONDERFUL poverty there).


This ultimately DOES NOT MATTER however, because with the FANTASTIC damage we are doing to the Ricky Bobby's birthrates out there in the hinterlands, the Mex's will tell us how high a minumun wage we can have in about 25 more years anyway (and they will shove it down our throats, which will amuse me personally).

How many manufacturing jobs acutually pay $5.15 an hour? None, that is until Bush gets his immigration reform package passed and we have about 12 million new citizens and 2 more million LEGALS per year...............then we can pay our shiny new Mexican factory workers $5.15 an hour and tell the guys who used to be able to start families on the formerly $15 an hour jobs that its "their fault" and that they "should have went to law school" even though they probably weren't smart enough to do so. This will enable us to drive the red state birthrate down to blue state levels. Ensuring we have our first Mex president EVEN SOONER.

The WALL would have been the solution, but it aint' gonna happen.


I wish Mexican's were flooding Canada at the same rate they are the US personally. With Canada's total population of 25 million or so, they would outnumber Canadians in about 10 years and virtually take over the country, electing a Mexican president, adjusting the minimum wage to about 15 bucks an hour, mandate three languages be taught in schools and equal representation in all graduate schools and college admissions and of course in the work world through a pseudo affirmitave action. This would be good for America so they could see their future up close and personal before it happens. I think it would be cute to see MS-13 graffiti all over Toronto, Montreal, and Vancouver. And with the more extensive use of public transportation in Canada, I'd be very amused to see upper middle class professionals actually have to sit beside little armies of tatood-head-shaven Mex-gangbangers on buses and trolleys. Tyring to act unafraid, but secretely terrified that Juan and his merry band of new conquistadors dont tell him (while he's trying not to piss his pants) that he's going to have to borrow a little money from him today. Y'see Canada doesn't have near the sprawl to run to and I imagine the pinko's that run that country have zoned the possiblility of such pretty much out of the question. This quandry would also amuse me personally. It would almost be as neat as being able to ship about 10,000 crips and bloods to Martha's vinyard for a couple of years and put them in a public housing tenement we built there and see what effect it would have on real estate prices. Just good ol' fun, sticking it to the gated community like they stick it to all of us. But then again I get accused of being a sweetheart touchy-feely lefty sometimes like that.

I am not an economist, but I don't about the idiot part. However, I still have a question to the anonymous commenter above: are you really sure that the amount of work that "MUST BE DONE HERE" is fixed? Companies and individual people tend to avoid things that they cannot afford, so if the work cannot be done offshore, they may choose that it will not be done at all.

For example, if you were planning to open a new fast food restaurant (new jobs!), which would be profitable with the current minimum wage but not with the increased minimum wage, what would you do if there were serious plans to increase the minimum wage?

If you already had a profitable fast food restaurant, which would generate losses if the minimum wage was increased, what you would do after minimum wage increase? Close the restaurant or at least cut the costs by letting people go right away or perhaps after you had lost all your money first? Either way, the jobs that "MUST BE DONE HERE" would be lost. Where did they go? Strange.

I wish Mexican's were flooding Canada at the same rate they are the US personally.

I can imagine what would happen, so I am glad that there are about a dozen or states between them and Toronto. And once the Mexicans have reached the land of opportunity, what is their incentive of moving up north? It's cold up here. America is saving our bacon, once again. Yay America!

t would almost be as neat as being able to ship about 10,000 crips and bloods to Martha's vinyard for a couple of years

That's a bit of overkill, since I think I read somewhere that having a few pregnant black women walk around the area with baby carriages does the trick.

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