July 15, 1848, economist Vilfredo Pareto born

July 15, 2016

Happy 80/20 Day!

Italian economist, engineer and political activist Vilfredo Pareto was born on July 15, 1848, in Paris, where his father had fled due to political difficulties.

Pareto should be more famous, for his explanation of the 80/20 rule, and for his contribution to making better things, the Pareto chart.  Many economic texts ignore his work almost completely.  Quality management texts ignore his life, too — generally mentioning the principles they borrow, but offering no explanation.

Vilifred Pareto, Wikipedia image

Vilfredo Pareto, Wikipedia image; why are there so few photographs of the man, who died in 1923?

His contributions, as accounted at Wikipedia:

A few economic rules are based on his work:

And now you, dear reader, having just skimmed the surface of the pool of information on Vilfredo Pareto, know more about the man than 99.99% of the rest of the people on the planet.  Welcome to the tip-top 0.01%.

A mystery I attribute to low readership: I’ve posted much of this information before. In several years, not once has anyone criticized these posts as supporting fascism, the most common mis-directed criticism of Pareto.

Resources:

Portrait drawing of Vilfredo Pareto, from one of the few photographs of the man available. Image at Alchetron. Artist?

Portrait drawing of Vilfredo Pareto, from one of the few photographs of the man available. Image at Alchetron, by Artigas at Deviant Art.


You’ll be shocked to learn what Hillary Clinton REALLY told Goldman Sachs leaders

May 4, 2016

Hillary Clinton secretly filmed at a Goldman Sachs event, speaking to Goldman Sachs executives.   Okay, not secretly filmed. But you didn't see this on the news, did you.

Hillary Clinton secretly filmed at a Goldman Sachs event, speaking to Goldman Sachs executives. Okay, not secretly filmed. But you didn’t see this on the news, did you.

You want a transcript?

We can do better than that: How about a secret video of Hillary Clinton talking to the executives at Goldman Sachs, one of the world’s leading investment firms?

After all the hoo-haw, you’ll be shocked at the content.

Here’s how Goldman Sachs described it:

Published on Oct 22, 2014

Learn more: http://www.goldmansachs.com/citizensh…

On September 23, 2014, Goldman Sachs 10,000 Women hosted its annual dinner at the Clinton Global Initiative.

The event featured a keynote address from former Secretary of State Hillary Clinton on the business case for empowering women to ensure future economic growth.

Here’s the video:

True to Clinton’s history, she tells people with power and money they have to do a much better job of empowering and hiring from groups known to lack power and money, for the sake of capitalism, for the sake of our nation, for the sake of the world.

Okay, so it’s not secret. People who complain about these speeches pretend she said something different, and they certainly don’t want you to know what Clinton actually said. Clinton’s opponents hope this video remains close to secret.

Shocking that these speeches continue as an issue.  Maybe they should be campaign ads, for Clinton.

More:

Tip of the old scrub brush to Leslie Salzillo and DailyKos.


March 4, 1801: Thomas Jefferson’s inauguration as 3rd president

March 4, 2016

Words to be sung at a service honoring the inauguration of Thomas Jefferson as President. Image from the Treasures of the Library of Congress.

Words to be sung at a service honoring the inauguration of Thomas Jefferson as President. Image from the Treasures of the Library of Congress. (If we only knew the music . . .)

Thomas Jefferson ascended the the presidency to save the American Revolution, and to celebrate American arts and sciences, his friends and supporters said. The lyrics to be sung at the service at the German Reformed Church reflect those views.

What joyful prospects rise before!
Peace, Arts, and Science hale our shore
      And thro’ the country spread.
Long may these blessings be preserv’d,
And by a virtuous land deserv’d
      With JEFFERSON our head.

1800’s election campaign was a bitter one. Because balloting was not for president and vice president, but instead with the second-leading vote-getter taking the vice presidency, the Electoral College deadlocked on Jefferson and his vice president running mate, Aaron Burr. The election then went to the House of Representatives — the holdover House, dominated by Federalists who supported the vanquished John Adams. The House had great difficulty choosing between Jefferson and Burr, but at length picked Jefferson when Alexander Hamilton pushed his influence, favoring his once-friend Jefferson, and snubbing his enemy and eventual killer, Burr.

The Library of Congress briefly described Jefferson’s inauguration:

Thomas Jefferson, the third president of the United States, was the first to be inaugurated in the capital city of Washington, D.C. The ceremonies took place on March 4, 1801, in the Senate wing of the not yet finished Capitol building. Chief Justice John Marshall administered the oath of office to Jefferson, the first of five presidents-elect he would induct. In his speech Jefferson attempted to assuage the bitter rivalry between the Federalist and Republicans that had culminated in a deadlock election broken by Congress’s election of Jefferson on the 36th ballot. Jefferson remarked: “but every difference of opinion is not a difference of principle. We have called by different names brethren of the same principles. We are all Republicans. We are all Federalists.” Jefferson’s sentiments notwithstanding, his predecessor, former president John Adams, did not attend the ceremony — the first president to do so.

Mathematicians and scientists celebrate the election of Jefferson as a triumph for reason and science in politics. Jefferson was an accomplished and proud American naturalist, and often turned to scientists for advice on issues. Ironically perhaps, he never did reconcile his belief that rocks could not “fall from the sky,” doubting the provenance of meteoroids; skeptic to the end.

Tip of the old scrub brush to Pat’s Blog.


Darwin and Lincoln and February 12: Cool coincidence or divine intervention?

February 12, 2016

Is it an unprecedented coincidence?  207 years ago today, just minutes (probably hours) apart according to unconfirmed accounts, Abraham Lincoln was born in a rude log cabin on Nolin Creek, in Kentucky, and Charles Darwin was born into a wealthy family at his family’s home  in Shrewsbury, England.

Gutzon Borglums 1908 bust of Abraham Lincoln in the Crypt of the U.S. Capitol - AOC photo

Gutzon Borglum’s 1908 bust of Abraham Lincoln in the Crypt of the U.S. Capitol – Architect of the Capitol photo

Lincoln would become one of our most endeared presidents, though endearment would come after his assassination.  Lincoln’s bust rides the crest of Mt. Rushmore (next to two slaveholders), with George Washington, the Father of His Country, Thomas Jefferson, the author of the Declaration of Independence, and Theodore Roosevelt, the man who made the modern presidency, and the only man ever to have won both a Congressional Medal of Honor and a Nobel Prize, the only president to have won the Medal of Honor. 

In his effort to keep the Union together, Lincoln freed the slaves of the states in rebellion during the civil war, becoming an icon to freedom and human rights for all history.  Upon his death the entire nation mourned; his funeral procession from Washington, D.C., to his tomb in Springfield, Illinois, stopped twelve times along the way for full funeral services.  Lying in state in the Illinois House of Representatives, beneath a two-times lifesize portrait of George Washington, a banner proclaimed, “Washington the Father, Lincoln the Savior.”

Charles Darwin statue, Natural History Museum, London - NHM photo

Charles Darwin statue, Natural History Museum, London – NHM photo

Darwin would become one of the greatest scientists of all time.  He would be credited with discovering the theory of evolution by natural and sexual selection.  His meticulous footnoting and careful observations formed the data for ground-breaking papers in geology (the creation of coral atolls), zoology (barnacles, and the expression of emotions in animals and man), botany (climbing vines and insectivorous plants), ecology (worms and leaf mould), and travel (the voyage of H.M.S. Beagle).  At his death he was honored with a state funeral, attended by the great scientists and statesmen of London in his day.  Hymns were specially written for the occasion.  Darwin is interred in Westminster Abbey near Sir Isaac Newton, England’s other great scientist, who knocked God out of the heavens.

Lincoln would be known as the man who saved the Union of the United States and set the standard for civil and human rights, vindicating the religious beliefs of many and challenging the beliefs of many more.  Darwin’s theory would become one of the greatest ideas of western civilization, changing forever all the sciences, and especially agriculture, animal husbandry, and the rest of biology, while also provoking crises in religious sects.

Lincoln, the politician known for freeing the slaves, also was the first U.S. president to formally consult with scientists, calling on the National Science Foundation (whose creation he oversaw) to advise his administration.  Darwin, the scientist, advocated that his family put the weight of its fortune behind the effort to abolish slavery in the British Empire.  Each held an interest in the other’s disciplines.

Both men were catapulted to fame in 1858. Lincoln’s notoriety came from a series of debates on the nation’s dealing with slavery, in his losing campaign against Stephen A. Douglas to represent Illinois in the U.S. Senate.  On the fame of that campaign, he won the nomination to the presidency of the fledgling Republican Party in 1860.  Darwin was spurred to publicly reveal his ideas about the power of natural and sexual selection as the force behind evolution, in a paper co-authored by Alfred Russel Wallace, presented to the Linnean Society in London on July 1, 1858.   On the strength of that paper, barely noticed at the time, Darwin published his most famous work, On the Origin of Species, in November 1859.

Darwin and Lincoln might have got along well, but they never met.

What unusual coincidences.

Go celebrate human rights, good science, and the stories about these men.

A school kid could do much worse than to study the history of these two great men.  We study them far too little, it seems to me.

Resources:

Charles Darwin:

Abraham Lincoln:

More:

Anybody know what hour of the day either of these men was born?

Yes, you may fly your flag today for Lincoln’s birthday, according to the Flag Code; the official holiday, Washington’s Birthday, is next Monday, February 15th — and yes, it’s usually called “Presidents Day” by merchants and calendar makers. You want to fly your flag for Charles Darwin? Darwin never set foot in North America, remained a loyal subject of Her Majesty, Queen Victoria, to the end of his days. But go ahead. Who would know?

Yes, this is mostly an encore post. Fighting ignorance requires patience.

Yes, this is mostly an encore post. Fighting ignorance requires patience.


Texans! Last day to register to vote in March primary elections, February 1

February 1, 2016

Texas Democrats send me e-mail, trying to make democracy in America stronger, and work better, especially in Texas:

Ed,

Today is the absolute LAST DAY to register to vote for the March 1 Presidential Primary.

If you or someone you know wants to vote for Bernie Sanders, Hillary Clinton, or Martin O’Malley in the Democratic Primary but they aren’t registered to vote yet, today is the last day to get registered.

Fill out your voter registration application online — then print it, sign it, and make sure to get it in the mail before the post office closes.

http://act.txdemocrats.org/RegisterToVote

If you are already registered to vote, forward this email to any friends and family members that you think haven’t registered to vote. 

Let’s do this,

Crystal Perkins
Executive Director, Texas Democratic Party

Paid for by the Texas Democratic Party (www.txdemocrats.org)
and not authorized by any candidate or candidate’s committee.

I do not know why Texas Republicans did not send me a similar e-mail. I’m on their lists, too.

Excluding run-off elections where no candidate received 50%+1 in the primary, here is Texas’s election calendar for 2016, from the Texas Secretary of State:

Last Day to Register to Vote Monday, February 1, 2016
First Day of Early Voting Tuesday, February 16, 2016*
*First business day after Presidents’ Day
Last Day to Apply for Ballot by Mail
(Received, not Postmarked)
Friday, February 19, 2016
(NEW LAW: 11th day before election day; Application for Ballot By Mail (ABBM) and Federal Postcard Application (FPCA))
Last Day of Early Voting Friday, February 26, 2016
Last day to Receive Ballot by Mail Tuesday, March 1, 2016 (election day) at 7:00 p.m. (unless overseas deadline applies)

Democratic socialism’s darkest secret: More democracy than socialism

January 26, 2016

Fans of irony will find interesting this depiction of the of the greatest achievements in history of democratic socialism: The U.S. National Defense Highway System, better known as the Interstate Highway System.  Irony is that it is a key driver of the U.S. economy and has made possible great economic expansion that enriches capitalists greatly.

Fans of irony will find interesting this depiction of one of the greatest achievements in history of democratic socialism: The U.S. National Defense Highway System, better known as the Interstate Highway System. Irony is that it is a key driver of the U.S. economy and has made possible great economic expansion that enriches capitalists greatly. From the Online Atlas.

Stunning how some people will say Bernie Sanders makes sense in one breath, then when hearing he calls himself a socialist, claim Bernie is nuts and a threat to America.

Sanders’s supporters fight back, some. The phenomenon I describe is strongest among self-proclaimed extreme conservatives, and so is not such a huge issue in the primaries as it would be in the general election, if it is an issue at all.  A wise political strategist would not wait to confront the issue. It’s not an argument that can be answered with a bumper sticker.

Right wing publications take great pains to link any use of the word “socialism” with the now-repulsive violence of the Bolshevik Revolution and the autocratic nightmares of bureaucracy under the old Soviet-style government system, that even the Soviets abandoned. Right wingers don’t even pause to avoid saying socialism cares for people over corporations, in their blind striking out to smear anyone brave enough to take on the name.

We shouldn’t be surprised if Democrats generally defend the philosophy of democratic socialism from such demonizing.

This Tweet from one of Bernie’s guys offers to define democratic socialism rather as mother’s milk, apple pie and saluting the flag.

Is it correct? Does it persuade you?

The poster says*:

Democratic Socialism

Of the People, By the People, For the People

A political ideology which balances a democratic political system alongside a socialist economic system, involving a combination of political democracy with social ownership fo the means of production, free-market capitalism in the form of business receiving reasonable profits for goods and services while at the same time providing fair compensation to labor with a shared responsibility for civil societal needs such, but not limited to, emergency services, military, publicly-owned utilities and services, and infrastructure in the form of maintenance and management of public roadways, providing water and waste-water treatment, public parks and recreation, resource management and wildlife conservation, public ports, airports, rail lines and interstates, and in providing programs within a publicly elected representatives state and federal government.

Were I advising the Sanders campaign, I’d advise that the language in that statement be made much more reader friendly, and formatted to aid reading. But in the main, it doesn’t differ much from the Wikipedia definition.  See if you can find any critical differences:

Democratic socialism is a political ideology advocating a democratic political system alongside a socialist economic system, involving a combination of political democracy with social ownership of the means of production. Although sometimes used synonymously with “socialism”, the adjective “democratic” is often added to distinguish itself from Leninist and Stalinist brand of socialism, which is widely viewed as being non-democratic. In all, democratic socialists don’t support single-party system and centralism.[1]

Democratic socialism is usually distinguished from both the Soviet model of centralized socialism and social democracy, where “social democracy” refers to support for political democracy, regulation of the capitalist economy, and a welfare state.[2] The distinction with the former is made on the basis of the authoritarian form of government and centralized economic system that emerged in the Soviet Union during the 20th century,[3] while the distinction with the latter is made in that democratic socialism is committed to systemic transformation of the economy while social democracy is not.[4] That is, whereas social democrats seek only to “humanize” capitalism through state intervention, democratic socialists see capitalism as being inherently incompatible with the democratic values of freedom, equality, and solidarity; and believe that the issues inherent to capitalism can only be solved by superseding private ownership with some form of social ownership. Ultimately democratic socialists believe that reforms aimed at addressing the economic contradictions of capitalism will only cause more problems to emerge elsewhere in the economy, so that capitalism can never be sufficiently “humanized” and must ultimately be replaced by socialism.[5][6]

Democratic socialism is not specifically revolutionary or reformist, as many types of democratic socialism can fall into either category, with some forms overlapping with social democracy.[7] Some forms of democratic socialism accept social democratic reformism to gradually convert the capitalist economy to a socialist one using the pre-existing political democracy, while other forms are revolutionary in their political orientation and advocate for the overthrow of the bourgeoisie and the capitalist economy.[8]

Few people want to debate what “democratic socialism” really means, chiefly because socialism is such a loaded word and concept. There are two camps, one which wants people to rationally look at cooperative activities of the world’s great democratic republics and smile at their virtues, and continue them, the Bernie Sanders camp. The other camp holds strictly to the philosophy expressed in Friedrich von Hayek’s cartoon of socialism in The Road To Serfdom**, which indicts authoritarianism, and makes an unevidenced claim that any move towards socialism inherently leads to dictatorship.

We should give Sanders and his supporters credit for trying to open discussion. But we should be ready with first aid kits when they discover it’s not an open door to discussion with conservatives, but a tempered glass window posing as a door — and administer to their contusions as they smash into it.

If you find a tempered discussion of modern democratic socialism anywhere, will you let us know?

In comments, let us know what you think even if you don’t find the perfect, tempered discussion.

Matt Wuerker's classic cartoon from the 2008 campaign, when Barack Obama was accused of socialism for proposing to increase health care coverage. Perhaps ironically, Obama's plan ended up with powerful capitalist institutions entrenched in it. Critics of socialism sill haven't noticed.

Matt Wuerker’s classic cartoon from the 2009 campaign for the Affordable Care Act, when Barack Obama was accused of socialism for proposing to increase health care coverage. Perhaps ironically, Obama’s plan ended up with powerful capitalist institutions entrenched in it. Critics of socialism sill haven’t noticed.

More:

_____________

* I list the text here to aid in indexing for search sites.

** Link is to the version at the Mises Institute, which is generally a biased source; in this case, their biases help to make sure the cartoon version presented is faithful to Hayek’s original; otherwise, discussion there on “democratic socialism” is probably fruitless.


Quote of the Moment – Pete Seeger: Not singing is a big mistake

January 18, 2016

I don’t have a citation for where Pete Seeger said this, but it’s wholly within his character and mission. Anyone got a cite?

@Area9Handbells said:  Pete Seeger got it right with the exception of one word –

A Tweet from @Area9Handbells: Pete Seeger got it right with the exception of one word – “sing.” We think he meant “ring.”

“The easiest way to avoid wrong notes is to never open your mouth and sing. What a mistake that would be.”

∇ Pete Seeger

I’ve asked for a citation, for accuracy and to keep the anti-plagiarism and accuracy mavens happy, but don’t have one yet. Nor do I know to whom goes credit for the poster and photo. Can you help?


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