Middendorf “Studied Under Joseph Schumpeter”

GloriousDisasterBK.jpg   Source of book image:  http://basicbooks.com/perseus/book_detail.jsp?isbn=0465045731

 

William Middendorf was important in the Goldwater campaign for president.  Here is a brief excerpt from his recent book about the campaign:

 

(p. 8)  . . ., I became a disciple of the Austrian libertarian school of economics, having studied under Joseph Schumpeter (an odd-man-out at Harvard, later named by the Wall Street Journal as the most important economist of the twentieth century) and Ludwig Von Mises (at New York University).  Schumpeter and Von Mises saw entrepreneurship as a major driving force in economic development, considered private property—protected by an independent judiciary—essential to the efficient use of resources, and held that government intereference in market processes was usually counterproductive.

 

The reference to the book is: 

Middendorf, J. William, II. Glorious Disaster: Barry Goldwater’s Presidential Campaign and the Origins of the Conservative Movement. New York: Basic Books, 2006.

 

Americans Believe “Individuals Are Responsible for their Own Success”

BrooksDavid.jpg   David Brooks.  Source of photo:  online version of the NYT commentary cited below.

 

David Brooks wrote some useful reflections on some of the work of sociologist Seymour Martin Lipsett, who died on New Year’s Eve at the end of 2006:

 

Lipset was relentlessly empirical, and rested his conclusions on data as well as history and philosophy. He found that Americans have for centuries embraced individualistic, meritocratic, antistatist values, even at times when income inequality was greater than it is today.

Large majorities of Americans have always believed that individuals are responsible for their own success, Lipset reported, while people in other countries are much more likely to point to forces beyond individual control. Sixty-five percent of Americans believe hard work is the key to success; only 12 percent think luck plays a major role.

In his “American Exceptionalism” (1996), Lipset pointed out that 78 percent of Americans endorse the view that “the strength of this country today is mostly based on the success of American business.” Fewer than a third of all Americans believe the state has a responsibility to reduce income disparities, compared with 82 percent of Italians. Over 70 percent of Americans believe “individuals should take more responsibility for providing for themselves” whereas most Japanese believe “the state should take more responsibility to ensure everyone is provided for.”

America, he concluded, is an outlier, an exceptional nation.

 

For the full commentary, see:

DAVID BROOKS.  "The American Way of Equality."  The New York Times, Section 4 (Sun., January 14, 2007):  12.

 

Schumpeterian Alan Greenspan Receives Second Richest Book Advance Ever Paid

GreenspanAlanGrin.jpg   Why is this man smiling?  (Alan Greenspan has reason to grin.)  Source of photo:  online version of the NYT article cited below.

 

I believe that the market for economists is imperfectly competitive, since the supply and demand for academics is highly regulated by governmental and quasi-governmental institutions.  But it is interesting that the second highest book advance ever paid is going to Alan Greenspan.  Greenspan is a practical, eclectic, economist who believes that Schumpeter’s process of creative destruction is important for understanding the workings of a capitalist economy. 

 

(p. C1)  Alan Greenspan, the former chairman of the Federal Reserve, has agreed to sell his memoir for an advance of more than $8.5 million, according to people involved in the negotiations, making a deal that appears to give him the second-largest advance ever paid for a nonfiction book. 

. . .

(p. C8)  Mr. Greenspan’s advance ranks second only to the more than $10 million paid to former President Bill Clinton for his memoir, "My Life," which was published in June 2004. Pope John Paul II received an advance of $8.5 million in 1994 for his book, "Crossing the Threshold of Hope," and Senator Hillary Rodham Clinton received an $8 million advance for her memoir, "Living History," published in 2003.

 

For the full story, see: 

EDWARD WYATT.  "Greenspan’s Book Deal Is Said to Be Among the Richest."  The New York Times (Weds.,  March 8, 2006): C1 & C8.

 

Empirical Science at Its Best

   Source of book image:  http://images.barnesandnoble.com/images/11460000/11468284.jpg

 

I have not yet read The Ghost Map, but from the review excerpted below, it sounds like a wonderful book.  One lesson from the book appears to be that much good can come from a careful collection of evidence, and that much harm can come from sticking to a theory in spite of the evidence.  It is also interesting that in this tale, the villain turns out to be the advocate of public works, whose good intentions resulted in much death and suffering. 

 

(p. P8) The sociology of error is a wonderful subject. Some university ought to endow a chair in it — and then make Steven Johnson the first professor. Mr. Johnson last provoked the public with his counterintuitive polemic "Everything Bad Is Good For You," in which he argued that TV and videogames actually improve our cognitive skills. In "The Ghost Map" he tells the story of how for 30 years and more the medical establishment in Victorian London refused to accept what was staring them in the face, namely that cholera was a waterborne disease.

Thousands of Londoners died while doctors and public-health officials stubbornly clung to the view that the plague was an airborne miasma that hung in the foul atmosphere of the slums and was inhaled by the wretched creatures who lived there. Every kind of cure was proposed: opium, linseed oil and hot compresses, smoke, castor oil, brandy — everything but the simple, obvious remedy of rehydration, which reduces the otherwise fatal disease to a bad case of diarrhea.

The fact that the cholera toxin tricks the cells in the lining of the colon into expelling water at a terrifying rate (victims have been known to lose 30% of their body weight in a matter of hours) should surely have alerted someone to the possibility that putting this Niagara back into the body might be worth trying. Only one doctor, Thomas Latta, hit upon the answer, in 1832, just a few months after the first outbreak ever in Britain. His mistake was not to inject enough salty water, and his lone initiative was soon overwhelmed by the brainless babble of the quacks.

Chief among the villains of Mr. Johnson’s unputdownable tale was the man whom we were brought up to revere as the father of public sanitation, Edwin Chadwick. This dour, tactless, unpopular reformer laid the foundations for all the government interventions in public health that we now take for granted. Yet in this story he labored under not one but two illusions that proved catastrophic.

. . .

With the austere teetotaller and vegetarian Dr. Snow and his devoted helper in the Soho slums, the Rev. Henry Whitehead, "The Ghost Map" gains not one but two heroes. Patiently they mapped the patterns of victims and survivors and narrowed down the most likely source of the cholera plague to the Broad Street pump. But even after the pump handle was removed so that Londoners could no longer fill their buckets there and the illness subsided, the miasmatists were not convinced. Snow then tramped the streets of Battersea and Vauxhall to demonstrate that those who had their water from higher up the Thames, above the reach of the tide, remained unharmed, while those who took it from the foul tidewater perished in the hundreds. This was no easy task, since the pattern of water pipes under London’s houses was as tangled as the pattern of Internet service providers are today.

Why did it take so long? Because mapping epidemics was only in its infancy, though Snow’s famous map was not quite the first. Because the questions that Chadwick’s public-health board researched were self-fulfilling, all having to do with the smells and personal habits of the poor and not with the water they drank. The researchers mistook correlation for causation: Nobody died on the high ground of Hampstead, where the air was purer, therefore higher was safer — or so it seemed until a Mrs. Eley, who had retired thither, arranged to receive a jugful of water from her beloved Broad Street pump and got cholera.

But above all Chadwick and his crew were certain of themselves because the stench of the slums was so utterly disgusting and because smell acts so powerfully on our imaginations. Only the most careful and dispassionate investigators were free of the obsession with stench. Henry Mayhew, for example, noted in his "London Labour and the London Poor" (1851) that sewer-hunters, who scavenged deep underground knee-deep in muck, lived to a ripe old age. The Great Stink of 1858, which finally persuaded the government to commission Sir Joseph Bazalgette to lay down the magnificent network of sewers that have lasted to this day, did not kill a single Londoner — yet still Chadwick did not believe.

 

For the full review, see: 

FERDINAND MOUNT.  "BOOKS; Lost in a Time of Cholera; How a doctor’s search solved the mystery of an epidemic in Victorian London."  The Wall Street Journal   (Sat., October 21, 2006):  P8.

(Note: ellipsis added.)

 

The reference to the book is:

Johnson, Steven. The Ghost Map: The Story of London’s Most Terrifying Epidemic – and How It Changed Science, Cities, and the Modern World. New York: Riverhead Books, 2006.  299 pages, $26.95

 

SnowJohn.jpg   Dr. John Snow.  Source of photo:  online version of the WSJ article cited above.

ChadwickEdwin.jpg   Edwin Chadwick.  Source of photo:  online version of the WSJ article cited above.

 

The Case for Clutter

   Cartoon clutter by Edward Koren.  Source of cartoon:  online version of the NYT article cited below.

 

(p. D1)  But contrarian voices can be heard in the wilderness. An anti-anticlutter movement is afoot, one that says yes to mess and urges you to embrace your disorder. Studies are piling up that show that messy desks are the vivid signatures of people with creative, limber minds (who reap higher salaries than those with neat ”office landscapes”) and that messy closet owners are probably better parents and nicer and cooler than their tidier counterparts. It’s a movement that confirms what you have known, deep down, all along: really neat people are not avatars of the good life; they are humorless and inflexible prigs, and have way too much time on their hands.

. . .

(p. D6)  Mr. Freedman is co-author, with Eric Abrahamson, of ”A Perfect Mess: The Hidden Benefits of Disorder,” out in two weeks from Little, Brown & Company. The book is a meandering, engaging tour of beneficial mess and the systems and individuals reaping those benefits, . . . 

 

For the full story, see: 

PENELOPE GREEN.  "Saying Yes to Mess."  The New York Times (Thurs., December 21, 2006):  D1 & D6.

(Note:  the ellipses are added.)

 

The reference to the new book: 

Abrahamson, Eric, and David H. Freedman. A Perfect Mess: The Hidden Benefits of Disorder–How Crammed Closets, Cluttered Offices, and on-the-Fly Planning Make the World a Better Place. New York: Little, Brown & Company, 2007.

 

    Don Springer won his company’s contest for having the worst clutter.  Source of photo:   online version of the NYT article cited above.

 

Reagan’s Resolve

 

In this anecdote from the Bosch book, Reagan’s son Ron (who has often been critical of his father) tells of an expedition with his father to collect flagstone for eventual use in building a patio:

(p. 140, footnote 11)  We went out to retrieve a lot of these big heavy stones and load them into a little trailer that would be then hauled behind this ancient old original Jeep.  I mean this was just like the proto-Jeep that he still had, because he’d never throw anything away.  And so we’d, you know, spend a few hours hauling these big heavy rocks and we’d load them into the little trailer.  It’s now piled high.  It must weigh tons.  Climb back into the Jeep and head up this slope that’s steep.  I mean this is steep.  And on one side you’ve got a sheer drop to the Santa Ynez Valley, you know, 2,000 feet below, and on the other side a gully full of rocks.  And we’re hauling this huge mass of sandstone behind us.  Now this Jeep, this poor thing, it’s…it’s not going to make it.  And about three-quarters of the way up this steep hill, it starts to give out.  And it’s mmm-mmm-mmm, and it becomes apparent that we’re not going to crest the hill.  And now we’re actually going backwards.  We’re not hauling the rocks, the rocks are hauling us.  And I’m ready to get out.  Not him.  He’s—handling it.  He’s going to back this thing down, by God.  And he does…and we make it down…the rocks haul us back down the hill, but we manage to stay on the road.  Now I’m thinking, well, OK, so now we’re going to turn around and go some other way, because there’s no way we’re going up, we’re not going to try that again.  Oh no, no, we’re going to go up that hill.  You know, by God, we’re going up that hill.  I…it must have taken us three or four tries, of getting almost up the hill and being hauled back down, and each time I’m thinking OK, you know, which way do I jump.  He’s cool as a cucumber.  Didn’t bother him at all.

 

Source:

Bosch, Adriana. Reagan: An American Story. TV Books Inc., 1998.

(Note:  ellipses in original.)

 

 

At Screen Actors Guild, Communists Threatened to Disfigure His Face

ReaganAnAmericanStoryBK.jpg   Source of book image: http://www.shopaim.org/assets/images/large/458i.jpg

 

There are better books on Reagan.  But Bosch’s book has a few illuminating anecdotes.  Here is one:

(p. 63)  Reagan first learned about Communists and their intentions as a member of a Hollywood union, the Screen Actors Guild (SAG).  He had been introduced to the Screen actors Guild by his wife Jane Wyman and had quickly risen to become a member of the Guild’s board.  As a SAG Board member, and later as its president, he mediated a dispute between two rival unions.  One of the unions, the Conference of Studio Unions (CSU), was led by a suspected Communist, Herb Sorrell.

. . .  

(p. 64)  Sorrell and Reagan went head to head.  When Reagan crossed a picket line outside Warner Brothers, Sorrell called for a boycott of his movies.  Reagan was called a fascist.  An anonymous phone caller threatened to disfigure his face so he could never act again.  He began to carry a gun and accepted police protection.  He became an informant for the FBI 

"These were eye-opening years for me," he later wrote.  "Now I knew form first-hand experience how Communists used lies, deceit, violence, or any other tactic that suited them to advance the cause of Soviet expansionism."

 

Source: 

Bosch, Adriana.  Reagan: An American Story.  TV Books Inc., 1998.

 

George Washington Was a Good Man

   Source of book image: http://www.wiley.com/WileyCDA/WileyTitle/productCd-0471744964.html

 

On December 31, 2006 on C-SPAN2, I heard part of a presentation by Harlow Giles Unger on his new book on George Washington.  I found the presentation wise, sincere, impassioned and delightful.  Almost every story and fact was new to me.  It appears that George Washington was an inventor, a solid businessman, and in most ways a genuinely good person.  Great leaders do not have to be good people in order to be great leaders, but it is nice when they are. 

 

Reference to the book: 

Unger, Harlow Giles.  The Unexpected George Washington: His Private Life.  Hoboken, NJ:  John Wiley & Sons, Inc., 2006.

 

    Harlow Giles Unger.  Source of photo: http://www.brickstoremuseum.org/UngerHeadshot.jpg

 

 

“Nature Cannot be Fooled”

 

In his famous minority report on the Challenger shuttle disaster, written near the end of his life, Richard Feynman does not mince words.  He argues that the actual risk of shuttle mission failure was on the order of one in a hundred.  Then he says:

 

(p. 168)  Official management, . . ., claims to believe the probability of failure is a thousand times less.  One reason (p. 169) for this may be an attempt to assure the government of NASA perfection and success in order to ensure the supply of funds.

. . .

(p. 169)  For a successful technology, reality must take precedence over public relations, for nature cannot be fooled.

 

Source:

Feynman, Richard P.  The Pleasure of Finding Things Out: The Best Short Works of Richard P. Feynman. New York:  Perseus Books, 1999.

(Note:  ellipses added.)

 

Feynman on Viking Evidence of No Life on Mars

 

Based on the Viking tests, astronomers concluded that there probably was no life on Mars.  Begley (2006) documents the recent research showing that applying the Viking tests to earth, results in the conclusion that there is no life on earth, either.  Once again, Feynman was way ahead of his time:

  

(p. 204)  We like to sit down and talk about how different things could be from what we expected; take the Viking landers on Mars, for example, we were trying to think how many ways there could be life that they couldn’t find with that equipment. 

 

Source: 

Feynman, Richard P. The Pleasure of Finding Things Out: The Best Short Works of Richard P. Feynman. New York: Perseus Books, 1999.

(Note:  italics in original.)

 

The reference on the Begley article:

Begley, Sharon. "Science Journal; Scientists Revisit Data on Mars with Minds More Open to ‘Life’." The Wall Street Journal  (Fri., October 27, 2006):  B1.