Tuesday, May 31, 2005

Taking a Walk

Actually, my morning routine is a run/coffee/walk combo, with possibly some gardening thrown in. I ran cross country in high school, so now that I'm old running again gives me the illusion of youth. I can almost feel young again, except that when I try the final sprint to Safeway/Starbucks I can only manage about 10 yards before slowing again. (The coffee is the reward I give myself for the running.)

This morning I ran to the closest of our community gardens (Reston sponsors them, mostly on the right of way of the gas pipeline that runs through the community). After doing a little weeding to keep abreast of nature, I resumed my jog, to the water fountain next to the soccer field, also on the pipeline right of way. The soccer field replaces the original Reston landmark, dating back to the late 60's, a riding stable. The stable was just off the right of way, while the riding rink (terminology check?) was on it. Unfortunately Reston didn't attract enough horse enthusiasts to make the stable really thrive, so when the stable collapsed under the weight of snow, if I remember correctly, rebuilding was a dubious proposition. On the other hand, enough of the horsey set insisted that the stable be rebuilt. They were vocal enough to immobilize the decision makers. So the insurance money from the stable collapse sat in the bank for several years. Finally enough of the horse people moved so the powers-that-be were able to build a soccer field and basketball courts and kids play area. Oh, and the parking lots needed for the cars to carry people to the exercise areas.

When they built the complex (probably 1986-8ish), they put in a water fountain. I'm sure there was no debate--people exercise, get thirsty, they need water, for water you need to have a fountain. A century ago you'd put in watering troughs for the horses just as automatically. What the planners didn't realize was that technology was advancing. While Perrier water may have been the pricey option suitable for the rich then, entrepreneurs were starting to realize that people would pay good money for water in a bottle. Sure enough, when I paused on my jog for a drink, there was a Poland Springs bottle lying by the fountain. The fountain still works, but there may come the day when it becomes as unneeded as the horse stable that used to occupy the site.

Having depressed myself by this reminder of the march of progress, I went on to get my coffee.

Sunday, May 29, 2005

What George Orwell Didn't Say

My wife and I went to Wolf Trap Friday night for Garrison Keillor. He used a quote from Orwell, which I later researched. The quote turns out to be apocryphal, as discussed here:


The Chestnut Tree Cafe - George Orwell FAQ: "Rough Men

Did George Orwell ever say: 'People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf?' Or: 'We sleep safely at night because rough men stand ready to visit violence on those who would harm us?'

Not exactly. But he did make comments that were along similar lines. In his essay on Rudyard Kipling (1942), Orwell wrote: '[Kipling] sees clearly that men can only be highly civilized while other men, inevitably less civilised, are there to guard and feed them.' (Thanks to Keith Ammann for this). And in his 'Notes on Nationalism' (1945) he wrote: 'Those who 'abjure' violence can only do so because others are committing violence on their behalf.' (Thanks to Parbety). Where the rough men crept in is anyone's guess."
On reflection, "rough men" sounds like political correctness. Would any good leftist today be comfortable saying that soldiers are "less civilised?"

Friday, May 27, 2005

Even Nobelists Nod

Gods and Nobelists occasionally nod. In this case, Professor Stephen Bainbridge is discussing potential limits on the power of hedge funds to control corporations, raising the issue of principal/agent relations:
ProfessorBainbridge.com: "In a very real sense, giving institutions this power of review differs little from giving them the power to make management decisions in the first place. To quote Arrow again: “If every decision of A is to be reviewed by B, then all we have really is a shift in the locus of authority from A to B and hence no solution to the original problem” of allocating control under conditions of divergent interests and differing levels of information."
What Nobelist Kenneth Arrow fails to reckon with is human nature. [Note: I recognize I'm critizing a quote without reading the source material. But this is a blog.] In my experience, if B always reviews A, the issue becomes one of the quality of A's action. If A is capable, you end up with a "pro forma" review. If A and B share trust, A will try to alert B to any problematic issue where B may have different interest or different information (a different "take" on the situation) and B, under conditions of too much work and too little time, will rely on such judgment. If A is neither capable nor trustworthy, the situation will not usually last.

What may happen is two parties, nominally separate and each with their own interests and sources of information, merge over time, blending their interests and information so that the legal organization does not reflect the reality. This might account for some of the failures by auditors during recent years.

Thursday, May 26, 2005

Social Class and Immigration in US

Today's NYTimes article on class compares a Greek who immigrated after WWII and a Mexican who immigrated in 1990. The Greek has a NY restaurant, the Mexican worked as a cook for him until he was fired. What struck me was the change over the years. Scotch-Irish immigrants in the 18th and early 19th centuries (my great grandfather immigrated in 1824) had big problems even writing back to the home folks; a letter every 2-3 years was doing good. By 1946, immigrants had regular mail and telegraph service, with the possibility of phone service. And today immigrants regularly return to their hometowns on holidays and perhaps to retire. All this has got to make a difference, both in the immigrants mobility in their new country and in the effect on the old country. Query--is it really a zero sum game, modern communications/mobility means less upward mobility for the immigrant in the new country, but greater improvements and status in the old?

Wednesday, May 25, 2005

Freddy Adu and George Washington

(I bet that's a phrase that doesn't get a Google hit. Checked and I was right.)

In last week's New Yorker, the review of David McCullough's "1776" focused on George Washington's presence and the process by which he achieved a command presence that impressed the hell out of everyone. A feature piece on Freddy Adu, the teenage soccer phenom, included a couple paragraphs on his training in Florida to have a presence in dealing with the media. Interesting contrast, but the idea's the same--to get one's aims you have to impress others. We are social animals.

Tuesday, May 24, 2005

Managerial Delusions

The Washington Post's "Unconventional Wisdom" in The Curse of Drafting First highlights a piece by "behavioral economists Cade Massey of Duke University and Richard H. Thaler of the University of Chicago" claiming that top NFL draft picks don't earn the money they're paid--low first rounders and high seconds are a better value.
"One reason why top players tend to be chancy investments is that general managers think they're better at evaluating talent than they really are, so they willingly overpay for first-rate talent."
It's natural, I guess, to think that if you've spent your working life trying to understand football, you do. The same goes for many walks of life.

The Importance of a Rising Tide

I'd put two articles together, one in the Post on Finland's school system (free to all and top scores on international rankings) and one in the Times on the problems of the poor going to college. Featured in the Times story is a man who went to college for a while, then dropped out. He's got a good job in his home community now, but is worried about future insecurity. In my reading of the story, a part of the problem for him was the extensive social network, his family and friends. Going to college wasn't a part of the network's world, so he was climbing a hill. (Does this show the social capital praised by people like Robert Putnam ("Bowling Alone") also has a downside?) (Ironically, his life sounds idyllic. Going back to school, as he finally decides, is essentially buying insurance against future change, at the cost of present happiness.)

Reading between the lines, in Finland there's now a social expectation for learning and education. By making higher education free it's the equivalent of the GI Bill--after World War II many of the vets went to college using the GI Bill's benefits. That was the way many of the boomer's parents achieved some mobility.

Kennedy used the metaphor of a rising tide lifting all boats for the importance of prosperity. But you can apply it also to education--if the society, and the subset of society you belong to, expect everyone to do well in school and go far, it makes things a lot easier.

Class Matters - Social Class in the United States

The NY Times site for the series has some interesting links, including an interactive graphic for plotting one's position by occupation, education, income and wealth. But I can't rate their bibliography very highly, at least in comprehensiveness.


Class Matters - Social Class in the United States of America - The New York Times

Finland Diary

Robert Kaiser is touring Finland to write pieces for the Washington Post. The first one focuses on education:
"Finland finishes first in the Program for International Student Assessment (PISA) exams that test 15-year-olds in all of the world's industrial democracies. Finland also finishes at or near the top in many global comparisons of economic competitiveness: Internet usage, environmental practices and more. Finland, where the modern cell phone was largely invented, has more cell phones per capita than any other nation -- nearly 85 per 100 citizens.

As recently as the 1970s, Finland required that children attend school for just six years and the education system here was nothing special. But new laws supported by substantial government spending created, in barely 20 years, a system that graduates nearly every young person from vocational or high school, and sends nearly half of them on to higher education. At every level, the schooling is rigorous, and free."

Monday, May 23, 2005

H-Net Review: Jonathan Beard on Overconfidence and War: The Havoc and Glory of Positive Illusions

This sounds like an interesting book--review from H-Net Review: Jonathan Beard on Overconfidence and War: The Havoc and Glory of Positive Illusions:
"[the book] begins with a short examination of optimism's roots in human evolution and psychology. It is both useful and pervasive, Johnson argues. During much of human history, people have been prey, and during the last few thousand years, warfare has been a significant factory in our lives. Optimism and (unwarranted) confidence aid survival under such conditions. Psychological testing has found, over and over, that almost everyone rates themselves as above average, and they underestimate their chances of getting sick or having accidents. Leaders, he suggests, are almost sure to incarnate both optimism and high self-esteem. Confidence combined with faulty information frequently leads to miscalculation."
Beard is a political scientist who reviews leaders' decisions: World War I; the Munich Crisis of 1938; the Cuban Missile Crisis of 1962; the choice by five American presidents to continue engagement in Vietnam; and the decision to invade Iraq in 2003.

Certainly we don't like leaders who are pessimistic--remember Jimmy Carter's "malaise" speech? Yet some leaders go far by demonizing their opponennts. Emotions, including optimism, enable us to overcome the inertia to which humanity is subject.