Archive for 2012

WILLIAM GIBSON ON NOSTALGIA FOR A FUTURE PAST.

Futurists get to a certain age and, as one does, they suddenly recognize their own mortality, and they often decide that what’s going on is that everything is just totally screwed and shabby now, whereas when they were younger everything was better.

It’s an ancient, somewhat universal human attitude, and often they give it full voice. But it’s been being given voice for thousands and thousands of years. You can go back and see the ancient Greeks doing it. You know, “All that is good is gone. These young people are incapable of making art, or blue jeans, or whatever.” It’s just an ancient thing, and it’s so ancient that I’m inclined to think it’s never actually true. And I’ve always been deeply, deeply distrustful of anybody’s “golden age” — that one in which we no longer live.

Plus, reason to distrust apocalyptic attention-seeking.

A PRO-OBAMACARE PRECEDENT: “We are all familiar with an individual mandate that was authorized by the U.S. Congress and notoriously upheld by the U.S. Supreme Court: the affirmative duty of persons of Japanese descent to report to a Civil Control Station. Korematsu v. United States, 323 U.S. 214 (1943). The distinction between mere prohibition and command played a large role in the internment cases. . . . Korematsu is a perfectly fine precedent: it has never been overruled. Moreover, it is the feds’ best and only precedent. So why don’t they cite it?”

MEGAN MCARDLE: Battle Over California Medicaid Reimbursement is a Preview of Our Future. And it’s not pretty. “It is, of course, absolutely true that you can save a great deal of money by forcing providers to sell things below their cost of goods. It is not necessarily true that this is a sustainable long-term strategy.”

SCIENCE FICTION HEROINES: Funny, I loved A Wrinkle In Time, but I never thought of it as a girls’ book.

UPDATE: Jane Gawthrop writes: “Madeleine would have loved the fact that you didn’t consider ‘Wrinkle’ a ‘girl’s’ book. My favorite quote from her is ‘A “children’s book” is any book a child will read’. Gracious lady, wonderful writer, sorely missed.”

STEVE JURVETSON’S PERSONAL APOLLO COLLECTION. I can’t compete, although in my office I do have a piece of Skylab and some plastic spheres manufactured aboard Challenger.

AN ADMISSION OF DEFEAT? “Announcing layoffs along with a stock buyback – let’s think about what that means. AstraZeneca did that just the other day, and they’re far from the only ones in this industry (or others) spending billions to buy back their own shares while they’re cutting costs elsewhere.”

Plus: “Here we have all these companies obsessed, basically with keeping their stock prices up, and saying the best thing that they can do with their money is spend billions of dollars on stock. And my view of that is, any company that says that they have nothing to better do with their money, the CEO should be fired.”

GEORGE LEEF: After College, What?

What the study found is not the least bit surprising. Students who learned little in college (as evidenced by scoring in the bottom quintile on the College Learning Assessment) were three times as likely to be unemployed as students who scored in the top quintile, twice as likely to be living at home, and somewhat more likely to have run up credit card debts.

Those findings throw cold water on the smiley face idea that going to college is necessarily a good “investment.” Even some of the top graduates were unemployed and living with their parents and a much higher number of low-performing graduates were. Unfortunately, the study did not seek to find out how many of those graduates were “underemployed” in jobs that high schoolers can do. (Perhaps no further evidence on that is necessary, though, in view of this study.)

Read the whole thing. More grist for the bursting of the higher education bubble.

OBAMA EXPORT ADVISER EXPORTS JOBS. Obvious defense: See, he’s an expert at exports!