Getting it so wrong

Paul Krugman continues his quixotic campaign to be the first so-called economist to be stripped of a Nobel Prize:

It’s not just that many Americans don’t understand what President Obama is proposing; many people don’t understand the way American health care works right now. They don’t understand, in particular, that getting the government involved in health care wouldn’t be a radical step: the government is already deeply involved, even in private insurance.

And that government involvement is the only reason our system works at all.

Yes, that’s why it’s necessary for the federal and state governments to pass scads of laws granting various partial monopolies throughout every aspect of the system. Because if they didn’t prevent the free market from operating, everything would collapse overnight. Krugman not only doesn’t understand economics, he doesn’t even understand what “insurance” is; it’s not supposed to be a financial vehicle for having someone else pay for all of your medical care.

Krugman actually cites “satisfaction with Medicare” as if it is somehow relevant. Wow, people enjoy receiving subsidized goods and services paid for by other people? Do I detect a sign of Nobel Prize No. 2 on the horizon?

It’s Christmas in July!

I know that you, like me, are probably excited about the National Income and Product Accounts release of the first Comprehensive Revision since 2004: “1929 Through First Quarter 2009“. Here’s the most interesting part:

“For 1929-2008, the average annual growth rate of real GDP is 3.4 percent, 0.1 percentage point higher than in the previously published estimates.”

That doesn’t sound like much, about as small as a meaningful modification as an economic statistician could possibly make. I didn’t understand how this worked, so I called up the BEA and one of their statisticians helpfully explained that I was coming at the problem backwards. I don’t think I could explain it in a manner that makes sense yet, but the short answer is that compounding the 0.1 percent average increase as if it were interest isn’t applicable here. Which makes sense, because GDP is still being reported around $14.1 trillion rather than $15.4 trillion.

In other news, the economy only contracted by one percent in Q2 2009, while the Q1 Revised figure was downgraded to -6.4 percent from the Final number of -5.5. Calculated Risk points out: “This is the fourth consecutive quarterly decline in GDP; the first time that has happened since the government started keeping quarterly records in 1947.”

Certificate and Certification

NRO Contributing Editor Andy McCarthy corrects National Review’s error regarding the Obama birth certificate:

The relevance of information related to the birth of our 44th president is not limited to his eligibility to be our 44th president. On this issue, NRO’s editorial has come in for some blistering criticism. The editorial argues:

The fundamental fiction is that Obama has refused to release his “real” birth certificate. This is untrue. The document that Obama has made available is the document that Hawaiian authorities issue when they are asked for a birth certificate. There is no secondary document cloaked in darkness, only the state records that are used to generate birth certificates when they are requested.

On reflection, I think this was an ill-considered assertion…. To summarize: What Obama has made available is a Hawaiian “certification of live birth” (emphasis added), not a birth certificate (or what the state calls a “certificate of live birth”). The certification form provides a short, very general attestation of a few facts about the person’s birth: name and sex of the newborn; date and time of birth; city or town of birth, along with the name of the Hawaiian island and the county; the mother’s maiden name and race; the father’s name and race; and the date the certification was filed. This certification is not the same thing as the certificate, which is what I believe we were referring to in the editorial as “the state records that are used to generate birth certificates [sic] when they are requested.”

To the contrary, “the state records” are the certificate. They are used to generate the more limited birth certifications on request. As the Jeffers post shows, these state records are far more detailed. They include, for example, the name of the hospital, institution, or street address where the birth occurred; the full name, age, birthplace, race, and occupation of each parent; the mother’s residential address (and whether that address is within the city or town of birth); the signature of at least one parent (or “informant”) attesting to the accuracy of the information provided; the identity and signature of an attending physician (or other “attendant”) who certifies the occurrence of a live birth at the time and place specified; and the identity and signature of the local registrar who filed the birth record.

It’s good to see someone at NRO setting the matter straight. As for Certifigate, it just keeps getting curiouser and curiouser….

Put up or shut up

Since some of you appear to wish to grace everyone with your knowledge of various subjects from time to time, I think the time has come to revive the old concept of the guest blog, albeit with a new and competitive spin.

I’m contemplating a new feature called Put Up or Shut Up. I will put out a call for volunteers once every two weeks, those who are interested in writing on a specific topic can throw their name and subject in the ring, and everyone can vote on which one is posted. The post should be between 500 and 5,000 words and will be rated and criticized by everyone.

Here’s the benefit to contributing. If you write a post that is given a rating of 7 or better by both me and the blog voters, you will have the right to call “put up or shut up” on an interlocutor. At that point, the individual called upon to make his case can either present his case in his own writing within two weeks or be henceforth mocked as a coward and an incompetent incapable of defending his own ideas. Since it’s the mutinous YECers who are so interested in being able to present their case for their favorite theory of origins, I invite them to either settle on a champion and have him present the first one or collaborate on a piece and present it together. If it’s longer than 5,000 words, PDF it and upload it. We’ll post an excerpt here with a link to the full text.

If there’s enough interest and this works out well, we may eventually expand the concept to incorporate written debates scored by a panel of respected judges of varying creeds and ideologies. But, we’ll see if anyone is actually interested in attempting to present a coherent case or if everyone is all talk.

Mailvox: JB offers a second defense

Let me get this straight… I am arguing for the falsifiability of evolution? Well, all right, then:

Vox’s line of attack against evolution is to force it to demonstrate extant ecosystems actually exert DNSP (dynamic natural selection pressure). My model argues present day DNSP may fail to speciate due to late-stage competitive ossification. It avoids falsification even if EVERY extant ecosystem is now incapable of DNSP.

Vox claims my admission of rare DNSP predicts abundant proto forms. I reply that DNSP in proto environments isn’t as rare. Large environments can only become static and unselective after genetic ossification occurs, and improved organisms cease to upset the equilibrium. The remaining dead-end proto forms are then extinguished by more efficient late-stage organisms, sometimes by their own gradually refined descendants. “Living fossils”, so labeled because they are the last surviving examples of obsoleted morphologies, will nevertheless become ossified by minor intertwining adaptations. Thus we see my model predicts NO extant proto forms, because they are inherently inefficient, like unoptimized code.

First, requiring scientific evidence that an ecosystem demonstrate DNSP isn’t so much my line of attack on evolution as it is an obvious requirement for the theory of evolution by natural selection, being only one of the various necessary components of TENS. (We shall set aside, with some amusement, Renee’s insistence that a complete lack of change is evidence of natural selection; the amount of not only groundless assumptions, but intrinsically conflicting assumptions makes it one of my favorite assertions by an evolutionist I’ve heard to date.)

However, Richard Dawkins should find JB’s concept to be very exciting in one respect, as it offers an explanation for those vanished magic replicators for which there is no evidence, scientific, historical, archeological, or documentary, whatsoever, and of whom he speaks so highly. The obvious flaw, however, is that the theory is still perfectly falsifiable. One need only find a few extant DNSP environments to explode it at its weak point, which rests upon the presumed rarity of such non-beasts. (Remember, the ability of an environment to exert pressure on fitness doesn’t mean that natural selection is actually taking place there, it’s merely a required factor.)

The arguably more serious flaw in JB’s argument is that he is conflating environments and organisms. The fact that an organism could – theoretically – become resistant to natural selection is less radical than it sounds; man, extinct species, and domesticated animals are all at the very least resistant to it at this point in time. But it would be very, very difficult to demonstrate that all modern species, including the supposedly ancient ones, have now reached evolutionary stasis. Furthermore, this flies straight into the face of most evolutionist assumptions since it tends to imply an amount of “progress” which I understand to be considered rather gauche in certain circles. If TENS enthusiasts are ever forced to fall back on trying to explain away the complete lack of demonstrable DNSP ecosystems, the theory will be dead and buried.

Is this correct?

The US national debt is 11 trillion. But the outstanding credit market debt for the federal government is only 6.8 trillion. Does the 4.2 trillion in U.S. treasuries held by federal agencies account for the difference? It adds up, but I’d like confirmation.

UPDATE: yes, that was it. Although the tautological debt is now $4.6 trillion. If we apply Socrates’s reasoning evinced in Euthyphro to it, we can therefore conclude it does not, in fact, exist.

Break up the Fed: the Wall Street Journal

Well, I didn’t expect to see this already… especially not there!

Broadening the Fed’s responsibilities won’t help. Instead, we should think of how best to dismantle an overextended Fed…. What we need now is a debate about how to break up the Fed—and some of the sprawling financial institutions it supervises—in order to make both the regulator and the regulated more manageable and accountable.

Too big to not fail… it’s certainly an interesting case for breaking up the Fed. But it is also somewhat beside the point. There is a genuine problem stemming from mission creep, but the core of the issue is that the central mission is a deleterious one.