Briefly Noted for 2021-01-11

Briefly Noted for 2021-01-09

Bernie Sanders: Why Impeach Now? https://twitter.com/BernieSanders/status/1347625769242140675: ‘Some people ask: Why would you impeach and convict a president who has only a few days left in office? The answer: Precedent. It must be made clear that no president, now or in the future, can lead an insurrection against the U.S. government…

Ian Millhiser: Minority Rule https://twitter.com/imillhiser/status/1346834407626334209 ‘When Warnock and Ossoff are seated, Democrats and Republicans will each control half of the seats in the Senate. But the Democratic half will represent 41,549,808 more people than the Republican half…

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BRIEFLY NOTED:

Edward Luce: America’s Dangerous Reliance on the Fed <https://www.ft.com/content/bcb8d4d9-ca6d-45b7-aafc-9e9ecf672a5b>: ‘Alas, the chances are that the Fed will remain “the only game in town”. This would be both a missed opportunity and pose a severe danger. The opportunity is for the US government to borrow long term funds at near zero rates and invest it in productive capacity. The danger of not doing that can be expressed in a simple equation: QE — F = P. Quantitative easing minus fiscal action equals populism…

Wikipedia: Metanarrative https://en.wikipedia.org/wiki/Metanarrative: ‘In The Postmodern Condition: A Report on Knowledge (1979), Lyotard highlights the increasing skepticism of the postmodern condition toward the totalizing nature of metanarratives and their reliance on some form of "transcendent and universal truth": “Simplifying to the extreme, I define postmodern as incredulity toward metanarratives.... The narrative function is losing its functors, its great hero, its great dangers, its great voyages, its great goal. It is being dispersed in clouds of narrative language…. Where, after the metanarratives, can legitimacy reside?…” Lyotard and other poststructuralist thinkers (like Foucault) view this as a broadly positive development… grand theories tend to unduly dismiss the naturally existing chaos and disorder of the universe…. Postmodernists attempt to replace metanarratives by focusing on specific local contexts as well as on the diversity of human experience. They argue for the existence of a "multiplicity of theoretical standpoints" rather than for grand, all-encompassing theories.… Postmodern narratives will often deliberately disturb the formulaic expectations.… Others have related metanarratives to masterplots, “recurrent skeletal stories, belonging to cultures and individuals that play a powerful role in questions of identity, values, and the understanding of life”…

Simon Schama: Donald Trump’s Weaponised Lies Blew Up in His Face https://www.ft.com/content/6cde0715-5506-4c09-a804-538031a667d9: ‘The violent attempt to prevent Congress from certifying the electoral result should be seen in the context of Mr Trump's (not baseless) belief that a sizeable part of the country cares less about the constitution than it does about him. Wednesday saw the most dramatic consummation of what has always been standard operational procedure for Trumpism: the wink to violence and the empire of lies. His 2016 campaign regularly featured invitations to rough up the media…

Salvatore Cerchio & al.: A New Blue Whale Song-Type Described for the Arabian Sea & Western Indian Ocean https://www.int-res.com/prepress/n01096.html: ‘Blue whales in the Indian Ocean… 2 or 3 subspecies… 4 populations, each with a diagnostic song-type. Here we describe a previously unreported song-type that implies the probable existence of a population that has been undetected or conflated…. We label it the ‘Northwest Indian Ocean’ song-type.… Moreover, the potentially restricted range, intensive historic whaling, and the fact that the song-type has been previously undetected, suggests a small population that is in critical need of status assessment and conservation action…

J. A. M. de Sanchez: Stabilizing the Franc https://www.foreignaffairs.com/articles/france/1928-10-01/stabilizing-franc: ‘Thus almost exactly twenty-three months after accepting the portfolio of Minister of Finance, M. Poincaré brought to a conclusion the task of fiscal reform which he had set himself. If M. Poincaré's achievements in his first year were remarkable,[i] those in his second have been no less so. Not only have the measures which were adopted in 1926-1927 continued to be strictly enforced, but new ones have been sought and applied which have resulted in a further strengthening of the credit structure of the State proper and of the national economy as a whole. So careful and complete were the preparations for de jure stabilization of the franc that the event itself was received in France almost phlegmatically…

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Budget Act of 1974 https://www.govinfo.gov/content/pkg/GPO-RIDDICK-1992/pdf/GPO-RIDDICK-1992-34.pdf…

Robert Keith (2009): The Budget Reconciliation Process: The Senate’s “Byrd Rule” https://budgetcounsel.files.wordpress.com/2016/11/crs-the-budget-reconciliation-process-the-senate_s-e2809cbyrd-rulee2809d-bob-keith-rl30862-july-8-2009.pdf

Unemployment Rate: 1890-2009 https://origins.osu.edu/sites/origins.osu.edu/files/4-3-chart1487_0.jpg

Wikipedia: Republic of Artsakh https://en.wikipedia.org/wiki/Republic_of_Artsakh#Current_situation

Gaston Jéze: The Economic and Financial Position of France in 1920 https://www.jstor.org/stable/pdf/1883886.pdf

Historical Currency Converter https://www.historicalstatistics.org/Currencyconverter.html


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Briefly Noted for 2021-01-09

https://www.bradford-delong.com/2021/01/briefly-noted-for-2021-01-09.html

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