Showing posts with label West Virginia economic data. Show all posts
Showing posts with label West Virginia economic data. Show all posts

October 17, 2007

THE FLEXIBILITY OF MEMORY


Caption: This guy can't remember where he was going but won't admit it.

In addition to comments and links about current events, this week's Goat Rope provides a daily dose of Nietzschean nuggets for your dining and dancing pleasure from his odd little book Beyond Good and Evil.

Even though Nietzsche had a mental breakdown in his later years and was arguably unsteady all along, he had some occasional great psychological insights which have been appreciated by Freud, Jung and many others.

Today's selection highlights the pliability of our memory. It's long been known that autobiographies are anything but objective accounts of past events and that two or more people who experienced the same events will have widely differing memories of them.

How does that happen?

'I have done that,' says my memory. 'I cannot have done that'--says my pride, and remains adamant. At last--memory yields.


CALLING CONGRESS. If you haven't already, please consider calling your representatives today using AFSC’s toll free number: 1-800-965-4701 and urge them to override President Bush's CHIP veto. All WV's delegation is on board but congresspeople from other states need a push.

THE NOBEL PRIZE FOR ECONOMICS went to members of the reality-based community this year. Winners included Eric Maskin, Leonid Hurwicz, and Roger Myerson who studied the limits of the market for delivering public goods (like education and health care). Here's an excerpt from Reuters:

Societies should not rely on market forces to protect the environment or provide quality health care for all citizens, a winner of the 2007 Nobel Prize for economics said on Monday.

Professor Eric Maskin, one of three American economists to receive the award, said that he "to some extent" takes issue with free-market orthodoxy championed by U.S President George W. Bush and some other western leaders.

"The market doesn't work very well when it comes to public goods," said Maskin, a slight, soft-spoken 57-year-old who lives in a house once occupied by Albert Einstein.


Adam Smith said pretty much the same thing in his 1776 Wealth of Nations, but this empirical work is welcome and needed these days.

WOMEN STILL LAG behind men in earnings despite gains in educational attainment. One equalizer seems to be a union card.

CORPORATE WELFARE DEPARTMENT. According to the AP,

Seniors and other taxpayers could have saved nearly $15 billion this year if the government slashed administrative costs in the Medicare drug program and negotiated the same kind of discounts it does for poor people under Medicaid...


BONUS VAMPIRE FEATURE. If you're wired for sound, here's an amusing NPR story on the many faces of Dracula.

DINOSAUR UPDATE. We interrupt previously scheduled programming to report on the discovery of a new dinosaur that

was as tall as a four-story building. From nose to tail it was longer than a pair of tractor trailer trucks laid end-to-end -- or, if you're a dinosaur junkie, half again the length of a small brontosaurus.


The beast was unearthed in Patagonia and is believed to have lived around 80 million years ago.

UNEMPLOYMENT AT RECORD LOW IN WV. WV's Chicken Littles keep trying to create a climate of panic in the hope that this will give them the opening to unleash their version of economic shock and awe. Alas for them, the news isn't all bad all the time.

SINCE YOU GUYS HAVE BEEN PRETTY GOOD TODAY, here's a special treat via YouTube: Jesse Jackson reading from Green Eggs and Ham.

YOU TELL ME where else you can find a blog with Nietzsche, dinosaurs, Dracula, and Dr. Seuss all in the same post...

GOAT ROPE ADVISORY LEVEL: MUY ALTO

July 06, 2007

TAMING THE TIGER, A LITTLE GOOD NEWS, AND ANOTHER ONE BITES THE DUST


Caption: These are good kitties.

Yesterday's post included a parable from the ancient Chinese Taoist sage Chuang Tzu. Here's another for good measure on the art of dealing with people...oh, yeah, and tigers too.

The basic idea is that if one takes into account the nature of those with whom one is interacting the outcomes will be better. The example is one of a trainer of tigers. Obviously, this can be a dangeous profession, particularly if one doesn't take their nature into consideration. Here's a suggestion on how to do it right:

Do you know how a tiger trainer works? He does not risk feeding the tigers live animals for fear of arousing their ferocity as they kill. He does not risk feeding them whole animals for fear of arousing their anger as they tear them apart. He knows when the tigers are hungry and when they are full; thereby he is in touch with their fierce nature. Tigers are a different species from man, yet by observing their ways, one can train them to be gentle. They will kill only when aroused.


Note to self: try not to feed the tigers live food...unless it really seems like the right thing to do at the time.

A LITTLE GOOD NEWS FOR WV. The right wing noise machine in El Cabrero's beloved state of West Virginia seems fixated on the idea that everything is bad here all the time. Perhaps they might wish to relocate?

Here's a little good news:

New data shows the average West Virginia worker earned nearly $1,400 more last year.

Workforce West Virginia says that 4.4 percent increase pushed the average worker's earnings above $32,700 last year.

George Hammond with West Virginia University's Bureau of Business and Economics says that's the state's fastest growth rate since 1990.


NO GLOBAL WARMING AROUND HERE, BOSS... Another canary in the old coal mine just went down:

Scientists on Tuesday blamed global warming for the disappearance of a glacial lake in remote southern Chile that faded away in just two months, leaving just a crater behind.

The disappearance of the lake in Bernardo O'Higgins National Park was discovered in late May by park rangers, who were stunned to find a 130-foot deep crater where a large lake had been.

After flying over the lake Monday scientists said they were able to draw preliminary conclusions that point to climate change as the leading culprit for the lake's disappearance.


MASSEY HIT BY SHAREHOLDER LAWSUIT. This should be fun to watch. Paragraph from the middle of Ken Ward's Gazette article:

The suit alleges a “conscious failure” by Massey management “to comply with applicable environmental and worker-safety laws and regulations.” It says failure has “caused and will continue to cause severe injury to the company by consciously ignoring Massey Energy’s legal obligations to comply with federal and state law, thereby exposing the company to a substantial threat of monetary liability for violations.”

Among other things, the suit cites a recent federal lawsuit over repeated water pollution violations, hefty fines for the deaths of two miners in the Aracoma Mine fire, and a nearly $2 million verdict against Massey for firing a worker who complained about safety problems.


GOATROPE ADVISORY LEVEL: ELEVATED