Open thread Sept. 7, 2021 Dan Crawford | September 7, 2021 6:40 am Comments (13) | Digg Facebook Twitter |
There has not been much coverage of Peru lately. Here’s an interesting take on the recent election and Peru history:
Whither Peru? – Occupied Tucson Citizen
CROSS POSTED FROM https://www.econlib.org/david-autors-mix-of-insight-error-and-confusion/?utm_source=feedly&utm_medium=rss&utm_campaign=david-autors-mix-of-insight-error-and-confusion
Imagine a world in which buying consumer goods took place only on Mon-Tue-Wed-Thur-Fri — and — pay checks were only issued on Sat-Sun. (This is called a model — I just viewed The City of Lost Children and Dark City, so maybe I am in the mood for such a model.)
The places: a labor market where employers with 12.5% labor costs like Target and Walgreens — outliers WalMart and fast food with 7% and 25% labor costs. Employees double their pay on average: up 50% at fast food, up 2 1/5 X at Walmart.
To keep it simple prices for goods produced by lower income workers go up about 12.5% across the board — demand falls 12.5% …
… Mon thru Friday; on that particular Mon thru Fri.
Sat comes; lower cost workers average double their pay — for producing possibly fewer goods — so far; Mon hasn’t hit yet.
Mon comes; lower cost workers take all that extra money that they got paid for selling possibly fewer goods — and start using that exact same money (those exact same dollars) to purchase goods and services — probably proportionately more on goods produced by lower wage workers (proportionately more than the overall 100% of consumers would have spent them on).
Inflation Is Popping From Sydney to San Francisco
Statue Robert E. Lee is removed in Virginia
I was a big Civil War buff for most of my life. I’ve read everything I could find, and visited a dozen or so battlegrounds.
I was on business in Richmond 30 years ago and had the afternoon to myself before flying out, so I visited a couple of museums and the Tredegar Ironworks among others.
What struck my far above anything else was the feeling it seemed like the South won the war. It was bizarre.
Supposedly, prior to the Civil War, military officers did not swear to ‘uphold the Constitution…’ .
Confederate generals didn’t violate oaths
Lee, it would seem, was a Virginian first, a southerner second, and other loyalties were farther down his list.
That was changed after the war.
In 1865 Lee did swear to uphold the Constitution…’
Lee’s post-war oath
Where do you come up with this utter nonsense?
“Upon entering West Point in 1825 as a Cadet, Robert E. Lee took an oath of allegiance: “I, Robert E. Lee …. Do promise upon honor that I will observe and obey the orders of the officers appointed over me… and the regulations that have been established for the government of the Military Academy.” By 1857, the Oath included, “do solemnly swear that I will bear true allegiance to the United States of America and that I will serve”.
When Lee graduated and was commissioned a Brevet Lieutenant in the United States Army in 1829, he took the Officer’s Oath: “I do solemnly swear that I will bear true allegiance to the United States of America, and that I will serve them honestly and faithfully against all their enemies or opposers whatsoever, and observe and obey the orders of the President of the United States and the officers over me according to the rules and articles for the Armies of the United States.”
He was a treasonous traitor.
“When Lee graduated and was commissioned a Brevet Lieutenant in the United States Army in 1829, he took the Officer’s Oath: “I do solemnly swear that I will bear true allegiance to the United States of America, and that I will serve them honestly and faithfully against all their enemies or opposers whatsoever, and observe and obey the orders of the President of the United States and the officers over me according to the rules and articles for the Armies of the United States.”
Lee freed his wife’s slaves (eventually)
Robert E. Lee Wrote to The NY Times About Slavery in 1858
NY Times – August 18, 2017
i just noticed UK Covid cases are up 49.6% over the last five weeks:
so much for touting them as a model of how to beat Delta..
to clarify, that’s new covid cases…
whar would you expect. people need their pride. even if they have to make it up. The civil war did free the slaves. reonstruction tried to keep them free, but the country lost interest…and the means to defeat what became Jim Crow. a hundred years later Johnson and Martin Luther King were pretty successful in convincing the country that Jim Crow was wrong and open racism, and legal racism, subsided. but racism is not easy to kill and the evil weed has sprouted and spread again. i think the libs are at least partly to blame…pushing for policies not really needed but too close to the bone for a lot of people to accept, and even anti-racists get tired of a certain level of “poor me” from the professional anti-racist. i suspect the people who cheered pulling down Robt E Lee statue were not representative of the local population.
I don’t think it will hep a single person, but will give the racists something to feel sorry for themselves about. I can imagine some poor white kid telling the press a hundred years from now how bad it makes him feel to walk past the place where they pulled ol’Robert E Lee down.