130 years of Republic in Brazil

Yesterday Brazil celebrated 130 years of Republic. It might be a personal impression but it seems to me that there is growing support for monarchy among conservatives. It’s very funny.

Brazil was initially a monarchy. Dom Pedro I, the prince regent of Portugal, declared Brazil’s independence from his father’s country in 1822. But he had to go back to Portugal less than 10 years later, leaving his son, Dom Pedro II, in Brazil. Dom Pedro II was too young to govern, and the 1830s were a mess in Brazil. When he effectively became emperor, things got much better.

Dom Pedro II ruled Brazil for about 50 years. To my knowledge, he was a wise man, genuinely concerned about Brazil. The 1824 Constitution was fairly liberal, and so were the emperors. Centrally, Dom Pedro II wanted to abolish slavery, but he was going against Brazilian elites on this. It’s not a coincidence that slavery was abolished in 1888 and the monarchy fell in the next year.

To my knowledge, Brazil had two good emperors and the constitution that ruled the country at that time was mostly good. However, Brazil was extremely oligarchal, and there was little that the emperors could do about that. I believe that Dom Pedro II was a wise and patient man, who slowly did the reforms the country needed.

I don’t know if Dom Pedro II’s daughter, Isabel, would have been a good empress. But I know that Dom Pedro II himself didn’t offer resistance when some republicans changed the regime. He peacefully went to exile in Europe. Dom Pedro manifested on some occasions that he was a republican. Maybe he was being ironic. Maybe not. In any case, I believe that he was glad to see the country coming to age, and being able to take care of itself without an emperor.

The first 40 years of Republic were not too bad. They were not perfect either! Slavery didn’t make a comeback. The republican constitution was written after the American one. The economy was mostly free, was it not so from the fact that coffee oligarchies ruled things to benefit their business. Things got really bad when the horrendous dictator Getúlio Vargas came to power in 1930.

I think there is something funny in the way some conservatives miss the monarchy. It wasn’t too bad. But it was also a time when Brazil suffered a lot under slavery and oligarchy. I’m certainly not sure if the monarchy was the best antidote to that.

Madness Entitlement

Most American undergraduates in four-year colleges want to study abroad for a while. (I think this is probably true. I would bet 75/25 for.) In 2019 (or 2018, not clear) 20% of American students were diagnosed with or treated for depression. I can’t vouch for this number. That’s from an article by Andrea Petersen in the frou-frou pages of the Wall Street Journal of 11/12/19. (Yes, the WSJ has had frou-frou pages for years.) Petersen cites a study of 68,000 students by the American College Health Association in support.

The sunny, gay article (in the original meaning of the word “gay”) examines some of the ways in which American colleges and universities assist mentally and emotionally afflicted students with realizing every student’s dream of studying abroad. The measures taken range from allowing students going to Europe to bring their emotional support dog with them (would I make this up?) to training host families in how to alleviate their American guests mental suffering.

I don’t make light of depression but hey, here is a sound idea: Take a depressed young person probably still struggling to establish his/her identity and, for half or more, also struggling with grade issues, separate him/her from his/her recently acquired college support system, drop him/her suddenly in a country whose language they don’t understand (including most of the UK and some of Ireland), insert the student someplace where he/she is a nobody, with zero recognizable accomplishments. Wish him/her well. Wish for the best.

The mindlessness gets worse. Ms. Petersen comments on the big problems that arise when students gone abroad suddenly cease to take their medication. She cites by name a psychiatry professor who recommends avoiding any interruption in treatment by taking along enough medicine to last for the whole duration of the stay abroad. Excuse me, but isn’t it true that much anti-depression medicine is feel-good drugs easily subject to abuse? Isn’t it also true that a quantity large enough to last a year, even six months, is a quantity large enough to qualify you as a dealer in some, in many countries? Do you really want your inexperienced twenty-year old to spend even a little time in a slammer among people whose language he/she has not mastered? Isn’t this picture pretty much a definition of batshit crazy? (1)

Yes, they say, but it’s worth taking this kind of risk, or some risks, for the great enrichment studying abroad provides. What enrichment, I ask? If you polled twenty experienced college professors in a variety of disciplines, I am sure you would find only lukewarm endorsement for the practice. Study abroad disrupts learning in the same way vacations disrupt learning, or a little worse. In return, what good does it do? The easiest thing first: No, almost no students will “learn” a foreign language while studying abroad for a quarter, for a semester, even for a school year. That takes several years; immersion is both problematic and much oversold as an initial language learning method. (Actually, I think it does not work at all. If it did, we wouldn’t have so many immigrants stuck in low pay jobs after twenty years.) Immersion lasting a few months will benefit the handful of students who have already spend several years studying the language of the country where they stay. It will make the pieces fall into place faster, so to speak. For the rest of them, they well come back completely unable to line up a sentence beyond, “Lets’ go.” They will often, however, be equipped with rare words such as “antifreeze,” and “suntan lotion-30 strength.”

But living abroad may open young minds in some esoteric, seldom described ways. I tend to agree with this, more or less on trust. But so does an equivalent amount of time spent in a lumber camp. So does a stay in an area occupied by a moderately different social class. So does serving the homeless. So does – come to think of it – working at Burger King if you haven’t already had the experience. Everything different from one’s own experience opens the mind. Why one has to do it at great expense and specifically in a foreign country is not obvious to me. There are always the vestiges of history strewn all over Europe, of course, but I don’t believe many undergraduates begin to do the homework necessary to understand what they are looking at. In fact, I believe only a handful do in a thousand.

Finally, someone a little more honest will say: But they have so much fun! I agree there, although guardedly (I have observed American students abroad being actively miserable). Yes, studying abroad can be a lot of fun for a twenty-year old. But so can a vacation. And, it’s a lot cheaper. And, it’s more honest; it involves no pretense of learning, of significant culture acquisition.

So, one may ask, why do so many American universities maintain the pretense of the essential educational nature of study abroad? Two reasons: First, “Study Abroad” is often a profit center. They are able to charge more for tuition there than is eaten by such programs in faculty and bureaucratic salaries and benefits. Often, low-paid local instructors teach most of what courses are taught anyway. Besides, being abroad at someone else’s expense is often in itself a fringe benefit for American faculty sent abroad (presumably to teach the same courses they would teach at home, but not really). I took advantages of such an opportunity myself once. I spent three radiant months in Italy with my young family, most expenses paid. I did very little real teaching. I counseled students only because I felt like it. There were no boring faculty meetings to attend. It was pretty much a vacation.

The second reason American universities contribute to the fiction of study abroad is that it’s well aligned with their general mission. I explain: Do you wonder why so many undergraduates plunge into deep debt to earn a degree of little practical value (French, history, political science, biology, and best of all, psychology)? Aside from the traditional answer of personal cultivation (to which I happily subscribe for a large minority of the students I have known), there is the highly important symbolic matter of chartering. A college degree is and has been for many years a certificate of belonging to the middle class. No college degree? You may be rich, you may be respected, you may be talented; you are not middle class except if you are all of the above to a very high degree. Having studied abroad, being able to illustrate the fact with superficial comments about a foreign country, or more than one, is part of the chartering deal: “When I was in Italy….” There are costs but little by way of risks involved in the venture. It’s unlikely anyone in this country will be rude enough to address you in Italian; no one will ask you to demonstrate more than a spotty familiarity with Italy’s architecture; it’s unlikely anyone will try to make small talk with you about Italian history. You did it? Good enough! It’s just another youth entitlement. What’s wrong with this?

So, what if your kid is a little cuckoo? What if she can barely get up in the morning because she is so overwhelmed? What if he cries all the time? Well, it’s worth the risk just to make sure he or she enters adult life as a clearly middle class person. The alternative is too horrible to contemplate. Is this mad or not?


(1) I am grateful to Brandon Christensen, the capable founder and Editor of Notes on Liberty, for introducing this irreplaceable expression into my vocabulary.

PS: I am a retired university professor. My long-form vita can be found here.

Some more borderline fraud from the higher education industry.

From the Wall Street Journal: For Sale: SAT-Takers’ Names. Colleges Buy Student Data and Boost Exclusivity

The title pretty much says it all: the College Board is selling data about test-takers (i.e. high school students) to colleges who use that to market to a wider pool of applicants. That wider pool often includes students who don’t stand a chance of getting in to the schools that are now marketing to them, but the marketing gives the false impression that the school wants them.

Joe Six-pack Jr. takes the SAT, fills out a survey, and that survey goes into a database. Some school that normally ranks near the middle of the pack buys a piece of that database, including Joe’s data. They send him a brochure and a letter that looks like it was written specifically for him (and he doesn’t know any better) so Joe, figures he’s being recruited. Instead of just applying to his local state schools, now he shells out an extra $50 to apply to Middling University. They summarily reject his application because his SAT scores were 1100 and they’re only accepting students who scored above 1300. MU now looks a little bit more prestigious in the rankings (which means their current administration can take credit before jumping ship to take a higher paying job at a school looking to also increase in the rankings). The College Board gets paid. The administrators get paid. The U.S. News rankings get a little less useful for incoming students, but they don’t know that. On the other hand the rankings get a little more important for decision makers at schools. And Joe Jr. is funding this whole mess despite being a) the least informed, and b) the least well funded player in this whole mess.

China’s upcoming troubles: class or nation?

Hopefully you caught Joel Kotkin’s thoughtful essay on China’s looming class struggle (it was in a nightcap from a few days back). Kotkin is a geographer at the University of Chapman.

I think he’s wrong, of course. He’s not wrong about China’s continuing troubles (I agree with him that things will only get worse), but on how these troubles will really begin to flare up. I don’t see class as the major issue, I see nationalism as China’s biggest fault line (and have since at least 2013).

Here’s how I’ve laid it out in my head. Think of Hong Kong and Taiwan, two places that are Chinese but not part of the People’s Republic. Beijing has lots of problems with both polities. Is class or nation a better gauge to use here? Nation! Nobody in Beijing is harping on the riches accrued by democratic Chinese polities. The Communists are drumming up nationalistic furor instead. Nationalism is the better tool to use to understand contemporary China.

Here’s the kicker, though. In order to drum up nationalistic furor, you’ve got have a nation, correct? The problem for China is that it has several dozen nations within its borders (here’s that 2013 post again), and nationalism in China favors the Han ethnic group over the others. The harder Beijing leans on nationalism, then, the more it squeezes out non-Han ethnic groups from its coalition of the willing. And Beijing is leaning hard on nationalism. It’s going to have to lean harder, too, since liberty is apparently not on the table.

Be Our Guest: “Liberty, Government, and Technology: 2019”

Jack Curtis is the latest to submit a piece for NOL‘s “Be Our Guest” feature. A slice:

We will compare China, Russia and the United States. China is a post-communist police state that has never experienced democracy. Russia is a post-communist, quasi democratic republic devolving back into a police state. And the United States is a traditionally democratic republic. Excepting the vagaries of disparate cultures, their three governments seem increasingly similar, revising themselves to adopt the new technology. However, these revisions have not originated only within governments; they also reflect the gradual confluence of the underlying societies.

Do read the rest, and I must point out that Jack has been a long time reader of NOL. For that I am personally grateful. It’s nice to be able to link up and collaborate like this.

Submit your own thoughts to us. Be our guest. Tell your friends, too.

The North Syria Debacle as Seen by One Trump Voter

As I write (10/22/19) the pause or cease-fire in Northern Syria is more or less holding. No one has a clear idea of what will follow it. We will know today or tomorrow, in all likelihood.

On October 12th 2019, Pres. Trump suddenly removed a handful of American forces in northern Syria that had served as a tripwire against invasion. The handful also had the capacity to call in air strikes, a reasonable form of dissuasion.

Within hours began an invasion of Kurdish areas of Syria by the second largest army in Europe, and the third in the Middle East. Ethnic cleansing was its main express purpose. Pres Erdogan of Turkey vowed to empty a strip of territory along its northern border to settle in what he described as Syrian (Arab) refugees. This means expelling under threat of force towns, villages, and houses that had been occupied by Kurds from living memory and longer. This means installing on that strip of territories unrelated people with no history there, no housing, no services, and no way to make a living. Erdogan’s plan is to secure his southern border by installing there a permanent giant refugee camp.

Mr Trump declared that he had taken this drastic measure in fulfillment of his (three-year old) campaign promise to remove troops from the region. To my knowledge, he did not explain why it was necessary to remove this tiny number of American military personnel at that very moment, or in such haste.

Myself, most Democrats, and a large number of Republican office holders object strongly to the decision. Most important for me is the simplistic idea that

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Thinking globally, as a dad, and as a libertarian

There’s no reason to keep writing. I have an nine month-old (nine-month old?) boy and a twenty-nine month-old girl. My vote doesn’t matter. I’ve lost my zest for ideas and events. Nobody cares what a libertarian has to say anymore, anyway. We’re back in the wilderness, wandering aimlessly and pettily bickering with each other about the stupidest things. We had our moment, we truly did, and it got flushed down the toilet along with the big, racist turds we dropped in the porcelain bucket.

Something in the world of ideas has turned stale. Or, I’ve gone stale. I don’t think I have, though. I’ve been reading plenty of books and plenty of internet, and much of it is enjoyable and provides me with a better sense of the world I inhabit. Has the world of ideas always been this stale? Has “the world of ideas” been a Big Lie to begin with, a cover-up invented by political strategists to influence youth and vie for power?

Libertarianism itself is no longer what I thought it was. Consider Syria. What’s a libertarian to do? A libertarian from the US would probably say that his country’s military leaving Syria is a good thing. A libertarian from Syria would probably say that the US leaving Syria is a bad thing. Actually, this is pretty cool now that I’ve thought about it. What is the libertarian position on Syria? Abandon it and regroup somewhere else? Would this “somewhere else” then become a fortress of libertarianism? Would it become a launching pad for military action, for violent acts of aggression against an equally violent polity?

Libertarianism seems to work great in an American institutional context, but what happens when libertarianism moves abroad? Now, I’m not about to go all sideways (to borrow a phrase from an old black cook that I know here in Texas). I’m still a libertarian, but only because it’s the least bad option out there. The world could use more liberty. This liberty can be gained through non-violent indigenous means most of the time. As a citizen of the world’s big, bad hegemon, this is the position I have a duty to take. If I was born in, say, Kurdistan, though, or Angola, violence might be the best least bad option to take en route to more liberty.

Edwin’s 2014 post continues to impress. Is this because I am getting older? Is this because I have other shit to do besides ensure (online…) that liberty remains as pure as possible?

A short note on Ethiopia and the African continent

Introduction

Ethiopian Prime Minister Abiy Ahmed was awarded the 2019 Nobel Peace Prize. He is the 12th winner from Africa. The Nobel Committee stated that Abiy had been awarded the Nobel for his efforts towards resolving the border conflict with Eritrea (in September 2018, Abiy and Eritrean President Isaias Afwerki signed a peace deal in Jeddah).

A border war in the years between 1998 and 2000 had resulted in the deaths of 100,000 people, and was responsible for the displacement of over one million people and the splintering of many families. The agreement has helped in reducing tensions between both countries and has led to a number of other important steps; it has paved the way for air connectivity (Ethiopian Airlines resumed its flight from Addis Abbaba to Asmara, the capital of Eritrea after two decades), resumption of communications between both countries (telephone lines had been disconnected in 1998), reduction of military hostilities, and most importantly reuniting of families.

Abiy’s reaction

While reacting to the Nobel Committee’s decision, the Ethiopian Prime Minister said that this reward was not merely for Ethiopia, but the whole of Africa, and hoped that leaders in the region would work towards peace-building.

Said the Ethiopian PM:

…It is a prize given to Africa, given to Ethiopia, and I can imagine how the rest of Africa’s leaders will take it positively to work on the peace-building process in our continent.

It would be pertinent to point out that, in recent years, the outside world has begun to take note of Ethiopia for its economic progress – in spite of numerous political challenges.

In recent years — almost a decade — the country’s economic growth has been a whopping 10% according to International Monetary Fund (IMF) estimates. In 2018, Ethiopia’s growth was estimated at well over 8% (8.5), and was the fastest growing economy in Africa. One of the key factors for Ethiopia’s impressive economic performance has been the shift from the agricultural sector to the industry & service sector and favourable demographics.

Reforms introduced by Abiy Ahmed: Political Sphere

Abiy’s election has generated immense hope, as he has seemed genuine in his commitment to political and economic reforms. During his tenure, a number of political prisoners have been released. There is also a reasonable amount of press freedom. There have been no arrests of journalists ever since he has taken over (2018 was the first year since 2004 when not a single journalist was arrested).

Abiy’s reforms – both political and economic – are significant because in many countries which have made economic progress, leaders have exhibited authoritarian tendencies. In many countries with economic promise, leaders have also failed to bite the bullet, as far as big bang economic reforms are concerned. Abiy, on the other hand, has reiterated his commitment to reforms.

Reforms introduced by Abiy Ahmed: Economic Sphere

In September 2019, Abiy unveiled his vision for economic reform titled ‘Home-Grown Economic Reform,’ which focuses on drawing greater public sector participation, reducing debts, and enhancing foreign exchange reserves. While speaking on the occasion of the launch of the roll out of his government’s agenda, Abiy emphasized on the fact that this approach is holistic: pro-job, pro-growth, and pro-inclusivity.

Privatization of a number of state run enterprises, such as Ethiopian Airlines, Ethiopian Electric Power Corporation, and the sole telecom provider, EthioTelecom, has also been high on the agenda of Abiy ever since he has taken over.

Challenges

This is not to say that all is well in Ethiopia. In June 2019, Ethiopia faced two attacks, one in the Amhara regional capital of Bahir Dar and the other in the federal capital of Addis Ababa. While Abiy has made efforts towards reducing acrimony in the country’s polity, there are still numerous ethnic divisions, and a large number of political players are seeking to cash in on these schisms.

Expectations from Abiy are sky high, and the country faces numerous debts. While his agenda for reforms is well-intentioned, and does represent a significant break from the past, it is rather ambitious and it remains to be seen whether stakeholders involved in the implementation will be in sync with the PM.

Africa no longer the Dark Continent

For very long, many Western commentators have consistently adopted a patronizing approach towards Africa. The Nobel Award to the Ethiopian PM comes at an interesting time. At a time when the whole world is becoming insular, 54 African countries have signed the AfCTA (African Continental Free Trade Area) agreement. AfCTA. This is the world’s largest free trade agreement since the World Trade Organisation).

AfCTA is a crucial step towards strengthening intra-regional trade linkages and overall connectivity. AfCTA has the potential of connecting over 1 billion people, creating a bloc worth over an estimated $3 billion and pushing intra-Africa trade by up to 15-25% by 2040 (as of 2018, intra-regional trade was less than 20%).

It would be pertinent to point out that the Ethiopian PM has on repeated occasions reiterated his commitment to Pan-Africanism, and has been one of the most fervent backers of AfCTA.

Africa is also being viewed as the world’s next manufacturing hub (China has already moved in a big way, though of course many countries are looking to other alternatives). Political stability and investor-friendly policies of course are imperative.

Conclusion

One hopes that other leaders in Africa follow Abiy’s footsteps in focusing on economic and political changes which could pave the way for sustainable growth and prosperity.

For long the world’s attention has been driven by a Western narrative, but in recent years Africa along with Asia has begun to draw attention due to high economic growth rates. If Africa can get its act together, and growth in countries like Bangladesh and Vietnam is sustained, we could witness the rise of new Non-Western groupings (consisting of developing countries from different regions). Such groupings will not be driven by geopolitical compulsions, geographic proximity, or sheer size, but by economic consideration and could play a pivotal role in shaping a new narrative, while promoting globalization, connectivity and free trade.

La Destitution présidentielle aux EU: quelques faits et deux opinions.

Les medias francophones, du moins les quelques uns qui m’arrivent en Californie, sont surexcités à l’idée de la destitution prochaine du President Trump. J’ai l’impression que c’est parce qu’ils ne comprennent pas ce qui se passe. Un coup de main.

D’abord, il faut passer au-delà des faux-amis contre lesquels nos profs d’anglais ne cessaient jadis de nous prévenir.

Impeachment” signifie à peu près “accusation,” ou “inculpation,” je crois, pas “destitution.”

La Chambre des représentants est en mesure de décider sur simple vote majoritaire d’accuser le président en exercise de tel ou tel délit, ou d’une liste de délits. Il n’est pas obligatoire que les délits soient des infraction en droit, vis-à-vis de la loi.

En entamant cette simple procédure, la Chambre obtient de vastes pouvoirs d’enquête, y compris sur la correspondance officielle de la branche exécutive.

La Chambre ayant ainsi voté d’inculper, le liste officielle des délits supposés passe au Sénat qui agit alors en tant que jury. Le président est condamné pour tel ou tel délit par une majorité des deux tiers du Sénat.

Au moment ou j’écris (10/14/19) on ne sait pas si la phase inculpation (impeachment) de la procédure de destitution a même commencé. Les Démocrates affirment que oui, sur simple déclaration de la cheffe de la majorité à la Chambre, Nancy Pelosi.

Les Républicains et la Maison Blanche maintiennent que non, en l’absence d’un vote initiatif de la Chambre. La tradition donne raison aux derniers. La Constitution, par son mutisme, donne raison aux premiers.

En fin de compte, un tribunal decidera sûrement de qui a raison, peut- être assez vite.

En attendant, l’administration Trump oppose un mur à toutes les demandes de documents et de comparution de témoins issues de la Chambre.

Maintenant, mes opinions. D’abord, il est presque impossible d’imaginer qu’un nombre suffisant de Républicains au Sénat s’aligne sur les Démocrates pour condamner Mr Trump. La majorité des deux tiers n‘est même pas à l’horizon.

Alors, pourquoi les Démocrates s’obstinent-ils?

C’est un cirque dont l’objectif est de masquer leur incurie et leur panique bien réaliste devant la campagne pour les élections de 2020. Ils n’ont rien de sérieux à proposer, alors ils jettent de la poudre aux yeux. Je crois qu’il y aura des émeutes en Novembre 2020 car les Démocrates auront vraiment trop souffert.

Turkey, Syria, the Kurds, and the American Foreign Policy Establishment

Donald Trump pulled the US out of Syria, and Turkey brutally pounced on the Kurds. What a mess.

I have just two quick notes on the subject: 1) the American Foreign Policy Establishment has upset me for many years now, mostly because they are liars. The allegations of American betrayal in regards to our Kurdish allies are simply not true. If the Kurds were truly American allies, then the hawks would have gone out of their way to call for a Kurdish state in the region (something some Kurds have been trying to found for a long time). This has not happened in the 50 or 60 years that the United States has been deeply involved in the Levant. Have you heard hawkish politicians in the US call for an independent Kurdish state? Instead, Washington’s Foreign Policy Establishment has been content to use the Kurds as pawns against its Persian and Ba’athist enemies. Once the Kurds outlived their usefulness, they were abandoned by the American Foreign Policy Establishment, ironically in the name of state sovereignty.

2) The Kurds should have known better by now that their only friends are the mountains. I don’t know why they thought they could hold Syria. I don’t know why they thought they could trust Washington. My best guess is that geopolitics is hard to do when you’re as politically decentralized as the Kurds, and there was simply no overall game plan for going to war alongside the Americans, except to maybe slaughter some Arabs and Turks and build rapport with Washington for an eventual Kurdish state.

One last note: Not only is Turkey slaughtering Kurds, but Iran is calling for Turkey to stay out of Syria. The Russians are still there, too. The withdrawal of American troops from Syria means that Russia, Turkey, Iran, Syria, and several non-state actors will now fight for control of the Levant. Having Moscow bogged down in the Levant bodes well for peace in Europe for the time being. A Turkish-Persian small war would likewise give the West a breather, at least militarily. If anti-refugee parties in Europe thought the first wave of refugees was unbearable, they’re in a for a world of surprise now. The bloodshed that will result from the world’s hegemon leaving a power vacuum will likely make Europe’s populist parties even more popular.

Joker: an evidence-based criminology review (spoilers)

joker-phoenix-1135161-1280x0

Last Friday, Joker hit cinemas to much acclaim and some anxiety. Hot takes claim it glamorizes violence while the Slate pitch is that it’s boring. Having seen it over the weekend, I don’t see anything more transgressive about it than the various Batman films to which Joker is a sort of prequel, but it is more entertaining.

 

The film uses both narrative and moral ambiguity driven by the theme of mental illness. We are not quite sure what’s real and what’s not. And what (if anything) is responsible for catastrophic events that turn wannabe standup-comedian Arthur Fleck into the Clown Prince of Crime. This ambiguity is in league with contemporary criminology. Many researchers now suspect that crimes are typically the result of multiple, incremental causes (little things going wrong) that together add up to sometimes catastrophic outcomes.


So with spoilers already skulking in the alleyways over the fold, let’s review some of 
Joker’s overlapping narrative alongside some theories of crime (some of which I draw from my forthcoming book chapter on evidence-based policing).

 

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Be Our Guest: “How to make Brexit Really Worthwhile – Example: Financial Regulation”

Be Our Guest is an open invitation to NOL‘s readers to participate with us. Pretty much anything is on the table. The latest article comes from the Freeconomist, who is following up on his earlier piece about making Brexit worthwhile via information asymmetries. His new piece is on financial regulation through the prism of Brexit. Check out this excerpt:

I do not want to write a lengthy discussion on the question of which alternative is the least costly in dealing with the incentive problems arising from the implicit subsidy by the taxpayer. There are good reasons to believe an incremental, decentralized and evolutionary system of market-based regulation to be superior to centrally designed government regulation. (4)

But even if this is the case, private regulation arising as a response to the incentive problems resulting from explicit and/or implicit government guarantees is still costly. Indeed, the evolved system of private regulation in the UK banking industry was giving the appearance of a restrictive cartel. If my analysis is correct, this “cartel” served a useful social function, namely to deal with the incentive problems created by the implicit government guarantee. Nevertheless, it also involved costs.

At the root of the problem are the taxpayer guarantees.

Please, read the rest. It’s another excellent piece of work.

And don’t be afraid to submit your thoughts to us.

Creativity of Hong Kong protesters: Protest Songs

The Hong Kong protests are sometimes called “open-source protests”, “decentralized protests” or “water revolution” due to its leaderless and organic nature. It’s a great example of how order can emerge within a decentralized social organization.

The protests may seem chaotic, but if one looks closer one can easily identify the diversity of roles that protesters and different communication tools are playing – making up an harmonious order. Below, you can find the different groups and tools within the movement that I have been able to identify.

Communication channels LIHKG, Reddit, Twitter, Telegram, Facebook and more… Communication channels with high encryption standards and servers outside of Hong Kong are preferred as to maintain more privacy and to make it harder for the HK government to close down the servers or seize account information of protesters
Protest songs Glory to Hong Kong, We Will Fight for Hong Kong, Sing Hallelujah to the Lord, Do you hear the People sing, Below the Lion Rock, Boundless Oceans Vast Skies, Raise the Umbrellas, Add Oil etc…
Teargas ‘fire fighters’ Fire fighters whose main role in the protests is to extinguish the police’s tear gas
Dunkirk moment When the police shut down the Hong Kong metro system (MTR) after the protests at the HK Airport, most protesters either had to walk home or take the buses back to Hong Kong central. As buses were checked by the police to find, and in many cases arrest, the protesters, some sympathizers of the protests took their cars to HK Airport and give them a ride home
Pro-HK pr Artists mobilize themselves in Telegram groups – some are as large as containing 200+ artists – to create art and other pr material to support the protests
Suppliers and first-aid people Suppliers donate anonymous travel cards, cash, clothes, vouchers, temporary housing etc… The first-aid people give medical care to those injured in the protests. They carry around first-aid kits
Protect the Children group Elderly that come between the police and young protesters during confrontations to give the youngsters time to flee

In this post, I’d like to share some protest songs that have emerged in the past few months. Some songs were specifically created during the protests, while others are older songs that have been adopted to emphasize the spirit of the movement.

Compilation of several Protest Songs

Glory to Hong Kong

We will fight for Hong Kong

Be Water

Do you hear the People sing

Boundless Oceans vast Skies

Fly with You (和你飛)

High Wall and Egg (牆與雞蛋)

This song is based on the following quotation from Haruki Murakami’s Jerusalem Prize acceptance speech in 2009:

If there is a hard, high wall and an egg that breaks against it, no matter how right the wall or how wrong the egg, I will stand on the side of the egg. Why? Because each of us is an egg, a unique soul enclosed in a fragile egg. Each of us is confronting a high wall. The high wall is the system which forces us to do the things we would not ordinarily see fit to do as individuals… We are all human beings, individuals, fragile eggs. We have no hope against the wall: it’s too high, too dark, too cold. To fight the wall, we must join our souls together for warmth, strength. We must not let the system control us – create who we are. It is we who created the system.

No Withdrawal, No Surrender, No Retreat (不撤∙不散∙亦不退)

Welcome to the Black Parade

Where to view live videos on the Hong Kong protests?

I’ve been following the Hong Kong protests very closely since it started. Watching the live videos of the protests gives you a better impression of what Hong Kong is really like at the moment.

In this post, I’d like to share a link where you can view live videos of on the spot journalists:

https://ncehk2019.github.io/nce-live/

The role of religious minorities in combating Islamophobia: The Sikh case

A channel to counter Islamophobia

On the sidelines of the United Nations General Assembly, Pakistan Prime Minister Imran Khan, Malaysian Prime Minister Mahathir Mohammad, and Turkish President Recep Tayyip Erdogan are supposed to have discussed the idea of setting up of a television channel to counter ‘Islamophobia’. In a tweet, the Pakistan PM said that it was decided that the three countries would set up a BBC type channel which will raise Muslim issues and also counter Islamophobia.

The role of Sikh public figures, in the UK and Canada, in countering Islamophobia

It would be pertinent to point out that prominent Sikh public figures in Canada and the UK have played a pivotal role in countering hate towards Muslims. This includes the first turbaned Sikh Member of Parliament (MP) in British Parliament, Tanmanjeet Singh Dhesi (Labour MP from Slough), who criticised British Prime Minister Boris Johnson for highly offensive remarks Johnson had made, in an opinion piece written for The Telegraph in 2018, against Muslim women wearing burqas.

Johnson had stated that Muslim women wearing burqas look like ‘letter boxes and bank robbers’. Dhesi sought an unequivocal apology from the British PM for his remarks.

The Labour MP from Slough stated that if anyone decides to wear religious symbols, it gives no one the right to make ‘derogatory and derisive’ remarks. Dhesi also invoked the experiences of immigrants like himself, and those hailing from other countries, and the racist slurs which they had to contend with.

The leader of the New Democratic Party (NDP) in Canada, Jagmeet Singh, has also repeatedly spoken against ‘Islamophobia’. In 2017, when Singh was still a candidate for the NDP leadership, he was accosted by a heckler, who confused Singh’s religious identity and mistook him for a Muslim. The woman accused Jagmeet Singh of being in favor of imposing the Shariah (Islamic law defined by the Quran) and a supporter of the Muslim Brotherhood.

In a tweet, Singh had then clarified his stance, saying:

Many people have commented that I could have just said I’m not Muslim. In fact many have clarified that I’m actually Sikh. While I’m proud of who I am, I purposely didn’t go down that road because it suggests their hate would be ok if I was Muslim

On September 1, 2019, Jagmeet Singh’s brother, Gurratan Singh, a legislator from Brampton East, was accosted after speaking at a Muslim Fest in Mississauga and accused by Stephen Garvey, leader of the National Citizens Alliance (NCA), of adopting a ‘politically correct approach’ towards issues like ‘Shariah’ and ‘Political Islam’. Gurratan responded calmly, stating that Canada could do without racism. In a tweet later on, Gurratan, like his brother, said that he would never respond to Islamophobia by pointing out that he was not Muslim. Jagmeet Singh also praised his brother for his reaction.

Guru Nanak’s 550th anniversary

That these Sikh politicians in the diaspora are standing up against Islamophobia at a time when Sikhs are preparing to commemorate the 550th birth anniversary of Guru Nanak Sahib, the founder of the Sikh faith, is important. Guru Nanak Sahib was truly a multi-faceted personality – social crusader, traveler, poet, and even ambassador of peace and harmony in South Asia and outside. The first Guru of the Sikhs always stood up for the oppressed, be it against Mughal oppression or social ills prevalent during the time.

Today, Sikhs in the UK, Canada, and the US who have attained success in various spheres are trying to carry forward the message of tolerance, compassion, and standing up for the weak. While being clear about its distinct identity, the Sikh diaspora also realizes the importance of finding common cause with members of other immigrants and minority communities and standing up for their rights. This emphasis on co-existence and interfaith harmony has helped in creating awareness about the faith.

A good example of the growing respect of the Sikh community is not just the number of tributes (including from senior officials in Texas as well as the Federal Government) which have poured in after the brutal murder of a Sikh police officer, Sandeep Singh Dhaliwal, in Houston, Texas (Dhaliwal happened to be the first Sikh in the Harris County Sheriff’s office), but also a recognition of the true values of the Sikh faith, which include compassion, sacrifice, and commitment to duty. While Sikhs still have been victims of numerous hate crimes, in recent years there is an increasing awareness with regard to not just Sikh symbols, but also the philosophical and moral underpinning of this faith.

Conclusion

While countering Islamophobia is important, it can not be done in silos. It is important for minority communities to find common cause and be empathetic to each other’s needs. Setting up a TV channel may be an important symbolic gesture, but it’s overall efficacy is doubtful unless there is a genuine effort towards interfaith globally.