Author Archive: Glenn Reynolds

MICHAEL WALSH: Battle Station, Everyone. “Via its institutional mouthpiece, the New York Times, the American and international far Left has laid out its battle plan for the 2024 presidential election and beyond.”

HIGHER EDUCATION, A TOXIC INDUSTRY: A Frightening View of Free Speech and Academic Freedom at Harvard: A Harvard Dean suggests universities can and should limit controversial speech. “Professor Lawrence Bobo, Dean of Social Science and the W. E. B. Du Bois Professor of the Social Sciences at Harvard University, has an article in the Harvard Crimson on the proper limits of faculty speech that has to be read to be believed.”

He’s going to love the Trump-second-term regulation of academe then. Or at least, he’s going to deserve it.

HIS WHOLE PARTY IS A REMINDER: Joe Biden Reminds Us to Buy Guns and Ammunition. “Here’s the thing about senile people – they can’t hide what they really think. They blurt what they really think. And he really thinks that happily turning the military upon us if we defy him is a viable option.”

DON SURBER: Trump Derangement Syndrome Becomes Unprofitable. “These are the same outlets that spiked stories about Hunter’s laptop ahead of the election.”

Plus: “I remember when lefties hated Corporate America. Now they don’t because now they run it. But they are not running Corporate Media very well because they’ve wasted their credibility on unhinged attacks on President Trump. They became boring and they look stupid in the Biden era. The people who stopped watching CNN weren’t Trump supporters. They were Democrats — as were the subscribers who canceled the Bezos Post.”

CHANGE:

ELON MUSK’S HIGH-PAY CONTRACT:

Mr. Musk might have been negotiating with his mom or Genghis Khan and the outcome would have been the same. The board would have accepted the terms he laid out, proposing no reward at all unless he succeeded in creating an extraordinary and implausible increase in shareholder value.

Kathaleen St. Jude McCormick, in her ruling, emphasizes that, golly, Mr. Musk’s contract was bigger than any other chief executive’s. Fluster, fluster.

In the real world, his contract was most importantly different because no other CEO would have signed it. Rationally, candidates want to be compensated for their time and effort even if their efforts don’t pay off in a higher share price.

After all, 99% of the variables are outside a CEO’s control, from the policy environment and the acts of competitors to changes in tastes and technologies. The best plans of mice and men, etc. High-caliber business talents spend decades building their market value precisely so they have bargaining clout to get paid (at least somewhat) even for failing.

So far, at least, betting against Elon has been a loser’s game. That won’t always be true, of course. But when you look at everything he’s accomplished over the last couple of decades, it’s pretty much unmatched. Any one of his companies would be a triumph of the first order.

ICYMI: STEPHANIE GUTMANN: Just walk away, Caitlin (while you can still walk) or prepare to be made a whipping girl for the sins of White and Hetero Privilege for the rest of your WNBA career. “Why is seemingly everybody in the WNBA higher echelons so stubbornly grouchy about the ‘Caitlin effect,’ to the point of perversely, self-destructively shooting Clark down? Because the WNBA seems to have gotten comfortable in their dank little victim’s corner.”

Well, good, because that’s where they’ll be staying if they keep this up.

WHY IS THE WNBA SUCH A CESSPIT OF HATE, BIGOTRY, AND VIOLENCE?

OPEN THREAD: Don’t you know that when you play at this level there’s no ordinary venue. . . . Can’t be too careful with your company.

But the real brilliance is here. I get my kicks at Texas State Line sometimes.

FOR YOUR DELECTATION: My summer recipe for chilled poached salmon. Thanks to whoever it was who mentioned it in the open thread the other day.