Friday, March 23, 2007

This Week on the Web (March 17 – March 23)


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NEWS

Iran Is Playing a Growing Role in Iraq Economy

New York Times

While the Bush administration works to stop Iran from meddling in Iraq, Iranian air-conditioners fill Iraqi appliance stores, Iranian tomatoes ripen on the windowsills of kitchens here and legions of white Iranian-made Peugeots sit in Iraqi driveways.

Some Iraqi cities, including Basra, the southern oil center, buy or plan to buy electricity from Iran. The Iraqi government relies on Iranian companies to bring gasoline from Turkmenistan to alleviate a severe shortage. Iraqi officials are reviewing an application by Iran to open a branch of an Iranian bank in Baghdad, and Iran has offered to lend Iraq $1 billion.

The economies of Iraq and Iran, the largest Shiite-majority countries in the world, are becoming closely integrated, with Iranian goods flooding Iraqi markets and Iraqi cities looking to Iran for basic services.

After the two countries fought a devastating war from 1980 to 1988, Saddam Hussein maintained tight control over cross-border trade, but commerce has exploded since the American-led invasion of 2003.

Much of the money is heading in one direction, though: Iraq is becoming dependent on imports because industries here have been ravaged by the economic sanctions of the 1990s and the current sectarian violence. Reconstruction and security have lagged so far behind the expectations of ordinary Iraqis that cheap goods from Iran and neighboring countries often provide the only comforts in their lives.

“What is happening in Iraq at the moment is a lot of trade, but it’s almost all one-way trade,” Barham Salih, the Iraqi deputy prime minister for finance, said of the country’s economic ties with Iran and other neighbors. “If you take oil away, there’s a lot of imbalance in this.”

Iraqi leaders from the Shiite bloc currently in power say political and economic ties with Iran, which is governed by Shiite Persians, will inevitably strengthen. As driving factors, they cite the hostility of Sunni Arab nations to a Shiite-run Iraq and the ambivalence of the White House toward the devout Shiite parties here.

Czech leader Klaus fights global warming 'religion'

SignOnSanDiego.com

Czech President Vaclav Klaus said on Wednesday that fighting global warming has turned into a a 'religion' that replaced the ideology of communism and threatens to clip basic freedoms.

The right-wing president, a free-market champion, wrote to the U.S. Congress that adopting tough environmental policies to fight climate change would have destructive impact on national economies.

Communism has been replaced by the threat of an ambitious environmentalism,' Klaus wrote in response to questions from the U.S. House of Representatives' Committee on Energy and Commerce.

COMMENTARY

The Theory of the Leisure Class: An economic mystery: Why do the poor seem to have more free time than the rich?

As you've probably heard, there's been an explosion of inequality in the United States over the past four decades. The gap between high-skilled and low-skilled workers is bigger than ever before, and it continues to grow.

How can we close the gap? Well, I suppose we could round up a bunch of assembly-line workers and force them to mow the lawns of corporate vice presidents. Because the gap I'm talking about is the gap in leisure time, and it's the least educated who are pulling ahead.

[…]

A certain class of pundits and politicians are quick to see any increase in income inequality as a problem that needs fixing—usually through some form of redistributive taxation. Applying the same philosophy to leisure, you could conclude that something must be done to reverse the trends of the past 40 years—say, by rounding up all those folks with extra time on their hands and putting them to (unpaid) work in the kitchens of their "less fortunate" neighbors. If you think it's OK to redistribute income but repellent to redistribute leisure, you might want to ask yourself what—if anything—is the fundamental difference.

Right Data, Wrong Lesson

Gus Van Horn

Clarence Page pens an interesting column in which he describes the enormous success of America's black immigrants, and yet at the same time, ignores some obvious implications. The interesting question is: Why?

Consider the following data. Each bullet is quoted directly from Page's column.

  • 43.8 percent of African immigrants had earned a college degree, compared with 42.5 of Asian-Americans, 28.9 percent of immigrants from Europe, Russia and Canada, and 23.1 percent of the U.S. population as a whole. [These statistics are from a 2000 study. For comparison, the U.S. Census Bureau reported in 2005 for Americans over the age of 25, 28% overall held at least bachelor's degrees, 49% of Asian-Americans, but only 18% of blacks. Not using the age cutoff, the Journal of Blacks in Higher Education reported in 2004 an11% figure for blacks earning four-year degrees or higher. --ed]
  • About 8 percent, or about 530, of Harvard's undergraduates were black, ..., but somewhere between one-half and two-thirds of the black students were "West Indian and African immigrants or their children, or to a lesser extent, children of biracial couples."
  • Immigrants, who make up 13 percent of the nation's college-age black population, account for more than a fourth of black students at Ivy League and other selective universities, according to the study of 28 colleges and universities published recently in the American Journal of Education. The proportion of immigrants was higher at private institutions, 28.8 percent, than at public colleges, where they made up 23.1 percent of enrollment.

Impressive, no? This is even more so when we compare black immigrants to native-born black Americans.

I am inclined to think that, based on such data, two things stand out. (1) If the America Martin Luther King dreamed of, in which blacks "will not be judged by the color of their skin but by the content of their character", is not already here, it is near at hand. (2) American blacks ought to do some serious soul-searching about why they still remain, in so many respects, at the bottom rung of the economic ladder.

Wallpapering with red tape

George Will, Jewish World Review

In the West, where the deer and the antelope used to play, the spirit of "leave us alone" government used to prevail. But governments of Western states are becoming more like those elsewhere, alas.

Consider the minor — but symptomatic — matter of the government-abetted aggression by "interior designers" against mere "decorators," or against interior designers whom other interior designers wish to demote to the status of decorators. Some designers think decorators should be a lesser breed without the law on its side.

Those categories have blurry borders. Essentially, interior designers design an entire space, sometimes including structural aspects; decorators have less comprehensive and more mundane duties — matching colors, selecting furniture, etc.

In New Mexico, anyone can work as an interior designer. But it is a crime, punishable by a fine of up to $1,000 and up to a year in prison, to list yourself on the Internet or in the Yellow Pages as, or to otherwise call yourself, an "interior designer" without being certified as such. Those who favor this censoring of truthful commercial speech are a private group that controls, using an exam administered by a private national organization, access to that title.

This is done in the name of "professionalization," but it really amounts to cartelization. Persons in the business limit access by others — competitors — to full participation in the business.

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Other links

The Ayn Rand Institute

The Objective Standard

Capitalism Magazine

4Commonsense.net

OpinionJournal.com

Junk Science

Activism Humor

The Intellectual Activist

Web Logs

Principles in PracticePrincipled commentary on cultural matters and current events from “The Objective Standard”

Cox and ForkumPolitical cartoons and commentary

Noodle Food

The Conspiracy to Keep You Poor and Stupid – Donald Luskin

Dollars and Crosses – CapitalismMagazine.com

Rule of Reason – The Center for the Advancement of Capitalism

4CommonSense

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