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<channel>
	<title>Cox Crow</title>
	
	<link>http://www.coxesroost.net/journal</link>
	<description>Asking the Stupid Questions since 1971</description>
	<pubDate>Mon, 01 Dec 2008 11:42:44 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.6.3</generator>
	<language>en</language>
			<atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" href="http://feeds.feedburner.com/CoxCrow" type="application/rss+xml" /><feedburner:browserFriendly>This is an XML content feed. It is intended to be viewed in a newsreader or syndicated to another site.</feedburner:browserFriendly><item>
		<title>Breaking News: Entropy Exists!</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/471220357/breaking-news-entropy-exists</link>
		<comments>http://www.coxesroost.net/journal/2008/12/01/breaking-news-entropy-exists#comments</comments>
		<pubDate>Mon, 01 Dec 2008 11:42:44 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=969</guid>
		<description><![CDATA[The Economist reports that the broken windows theory of policing is correct.
I think some theories are controversial only because the people who start the controversy have never maintained a household. Anyone who maintains a system, whether a computer or a household, knows that an ordered system tends toward disorder, and that disorder tends to encourage [...]]]></description>
			<content:encoded><![CDATA[<p><span class="longwork">The Economist</span> reports that the <a href="http://www.theatlantic.com/doc/198203/broken-windows">broken windows</a> theory of policing <a href="http://www.economist.com/science/displaystory.cfm?story_id=12630201&#038;CFID=31056247&#038;CFTOKEN=41038121">is correct</a>.</p>
<p>I think some theories are controversial only because the people who start the controversy have never maintained a household. Anyone who maintains a system, whether a computer or a household, knows that an ordered system tends toward disorder, and that disorder tends to encourage further disorder.</p>
<p>The acceptable level of disorder varies, but the trends should be obvious.</p>
<p>(Of course, it may be they simply have no ability to recognize the obvious, or prefer to argue against the policy prescriptions derived from the observation, rather than the against the theory itself.)</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/471220357" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Melamine</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/470914241/melamine</link>
		<comments>http://www.coxesroost.net/journal/2008/12/01/melamine#comments</comments>
		<pubDate>Mon, 01 Dec 2008 05:02:39 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=967</guid>
		<description><![CDATA[The Associated Press reported that the Food and Drug Administration has set a standard for the amount of melamine found in infant formula: one part per million. 
The development comes days after The Associated Press reported FDA tests found traces of melamine in the infant formula of one major manufacturer [Mead Johnson] and cyanuric acid, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.ap.org/">The Associated Press</a> reported that the <a href="http://www.fda.gov/">Food and Drug Administration</a> has set a standard for the amount of <a href="http://www.fda.gov/oc/opacom/hottopics/melamine.html">melamine found in infant formula</a>: one part per million. </p>
<blockquote><p>The development comes days after The Associated Press reported FDA tests found traces of melamine in the infant formula of one major manufacturer [Mead Johnson] and cyanuric acid, a chemical relative, in the formula of a second major maker [Nestle].</p></blockquote>
<p>This all begs the question, why is <a href="http://en.wikipedia.org/wiki/Melamine">melamine</a> in food to begin with?</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/470914241" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Coerced for My Own Good</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/470891331/coerced-for-my-own-good</link>
		<comments>http://www.coxesroost.net/journal/2008/12/01/coerced-for-my-own-good#comments</comments>
		<pubDate>Mon, 01 Dec 2008 04:16:52 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=956</guid>
		<description><![CDATA[H. W. Brands, in his biography of F.D.R., Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt, writes,
Many of the progressives, judging themselves lovers of peace, had assumed that they would be the wrong sorts of people to run a war. &#8230;. But to their surprise, and in some cases [...]]]></description>
			<content:encoded><![CDATA[<p>H. W. Brands, in his biography of F.D.R., <a href="http://www.amazon.com/gp/product/0385519583?ie=UTF8&#038;tag=coxesroost-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0385519583">Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt</a><img src="http://www.assoc-amazon.com/e/ir?t=coxesroost-20&#038;l=as2&#038;o=1&#038;a=0385519583" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" />, writes,</p>
<blockquote><p>Many of the progressives, judging themselves lovers of peace, had assumed that they would be the wrong sorts of people to run a war. &#8230;. But to their surprise, and in some cases to their dismay, the progressives discovered they were the ideal war administrators. The reformist temperament in American life has always hidden a coercive streak: <strong>if people won&#8217;t shape up voluntarily, they should be encouraged, even compelled, to do so.</strong> [emphasis mine] (p. 111)</p></blockquote>
<p>This captures exactly my disagreement with progressive thought.</p>
<p>I prefer to let people suffer the consequences of their actions.</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/470891331" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Who You Know</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/470865120/who-you-know</link>
		<comments>http://www.coxesroost.net/journal/2008/11/30/who-you-know#comments</comments>
		<pubDate>Mon, 01 Dec 2008 03:34:46 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=961</guid>
		<description><![CDATA[ Malcolm Gladwell has a new book, Outliers, which, good for him, will likely end on the bestseller list and pay his mortgage for a few weeks. In it he seeks to answer the question of why some people succeed, while others don&#8217;t. Matthew Yglesias picked up the book to see if it would explain [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.assoc-amazon.com/e/ir?t=coxesroost-20&#038;l=as2&#038;o=1&#038;a=0316017922" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" /> Malcolm Gladwell has a new book, <a href="http://www.amazon.com/gp/product/0316017922?ie=UTF8&#038;tag=coxesroost-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0316017922" class="longwork">Outliers</a>, which, good for him, will likely end on the bestseller list and pay his mortgage for a few weeks. In it he seeks to answer the question of why some people succeed, while others don&#8217;t. <a href="http://yglesias.thinkprogress.org/archives/2008/11/i_outlier.php">Matthew Yglesias picked up the book</a> to see if it would explain why <a href="http://www.economist.com/theworldin/displayStory.cfm?story_id=12494599&#038;d=2009"><span class="longwork">The Economist</span> thinks he&#8217;s an up-and-coming public intellectual</a>.</p>
<p>In response to Gladwell, and to clear the air for Yglesias, let me proffer some trite observations.</p>
<ul>
<li>Nothing succeeds like success.</li>
<li>It helps to be in the right place at the right time.</li>
<li>It&#8217;s not what you know, but who you know.</li>
</ul>
<p>I think most people can only juggle about 50 or so acquaintances, so when the time comes to think of others, either to fill out a list in <span class="longwork">The Economist</span>, to help pull a <a href="http://en.wikipedia.org/wiki/Troubled_Assets_Relief_Program"><acronym title="Troubled Assets Relief Program">TARP</acronym></a> over a pile of shit, or to fill open posts in <a href="http://www.change.gov/">a new administration</a>, one selects from those 50.</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/470865120" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Dear Google Reader Team</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/465434727/dear-google-reader-team</link>
		<comments>http://www.coxesroost.net/journal/2008/11/25/dear-google-reader-team#comments</comments>
		<pubDate>Tue, 25 Nov 2008 20:32:37 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=958</guid>
		<description><![CDATA[I accidentally clicked &#8220;hide&#8221; for one of my friends. There&#8217;s no easy way to get that friend back in the list, but I&#8217;m still seeing his shared items. I want to put him back in the list. Help!
]]></description>
			<content:encoded><![CDATA[<p>I accidentally clicked &#8220;hide&#8221; for one of my friends. There&#8217;s no easy way to get that friend back in the list, but I&#8217;m still seeing his shared items. I want to put him back in the list. Help!</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/465434727" height="1" width="1"/>]]></content:encoded>
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		<title>Pirate Gold</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/457982575/pirate-gold</link>
		<comments>http://www.coxesroost.net/journal/2008/11/19/pirate-gold#comments</comments>
		<pubDate>Wed, 19 Nov 2008 04:51:39 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[economics]]></category>

		<category><![CDATA[fiat currency]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=952</guid>
		<description><![CDATA[The Somali pirates who have been very active in recent months have been asking for dollars, not gold.
Moneychangers offer wads of new US dollar notes, the only currency that matters in a country that has been in chaos for almost two decades.
The world&#8217;s reserve currency indeed.
]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://topics.nytimes.com/top/reference/timestopics/subjects/p/piracy_at_sea/index.html">Somali pirates</a> who have been very active in recent months have been asking for <em><a href="http://www.timesonline.co.uk/tol/news/world/africa/article5183663.ece">dollars</a></em>, not gold.</p>
<blockquote href="http://www.timesonline.co.uk/tol/news/world/africa/article5183663.ece"><p>Moneychangers offer wads of new US dollar notes, the only currency that matters in a country that has been in chaos for almost two decades.</p></blockquote>
<p>The world&#8217;s reserve currency indeed.</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/457982575" height="1" width="1"/>]]></content:encoded>
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		<title>Two Sets of Rules</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/454536317/two-sets-of-rules</link>
		<comments>http://www.coxesroost.net/journal/2008/11/15/two-sets-of-rules#comments</comments>
		<pubDate>Sun, 16 Nov 2008 03:38:23 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[economics]]></category>

		<category><![CDATA[politics]]></category>

		<category><![CDATA[fiat currency]]></category>

		<category><![CDATA[mosler]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=945</guid>
		<description><![CDATA[I think my major problem with Mosler&#8217;s theories is that there are two sets of rules. The second set only applies to the the issuer of the fiat currency. It is not applicable to, for example, New York State, or Dutchess County, or the Town of Beekman, or the Arlington Central School District. Because money [...]]]></description>
			<content:encoded><![CDATA[<p>I think my major problem with Mosler&#8217;s theories is that there are two sets of rules. The second set only applies to the the issuer of the fiat currency. It is <em>not</em> applicable to, for example, New York State, or Dutchess County, or the Town of Beekman, or the Arlington Central School District. Because money is not really an issue for the owner of the mint, some policy options are available to the Federal government which are not available to more local governments. More <em>power</em> is available to the Federal government which is not available to local governments. This is a problem if you think, as I do, that certain functions are forbidden the Federal government. This is a problem if you think, as I do, that certain functions are best performed locally.</p>
<p>Suppose, for example, that you are in favor of providing a free education to all citizens. If the town pays for it, then the town will need to float a bond issue, or raise taxes, or otherwise find the funds to provide the education. If the Federal government pays for it, then money&#8217;s not an issue.</p>
<p>If the Federal government pays for it, then control is not likely to be local.</p>
<p>It&#8217;s simpler if there&#8217;s just one set of rules.</p>
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		<title>It’s Good to Be the King</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/453660955/its-good-to-be-the-king-2</link>
		<comments>http://www.coxesroost.net/journal/2008/11/15/its-good-to-be-the-king-2#comments</comments>
		<pubDate>Sat, 15 Nov 2008 04:29:06 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[economics]]></category>

		<category><![CDATA[fiat currency]]></category>

		<category><![CDATA[mosler]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=943</guid>
		<description><![CDATA[I&#8217;ve been slowly reading Warren Mosler&#8217;s theories since Zimran Ahmed pointed them out a few weeks ago. They are, to say the least, non-intuitive.
From what I can discern so far, there are two sets of economic rules: Those for mere mortals, and those for the Royal Mint. The former are constrained by a scarce resource; [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been slowly reading <a href="http://www.moslereconomics.com/mandatory-readings/">Warren Mosler</a>&#8217;s theories since <a href="http://winterspeak.com/">Zimran Ahmed</a> pointed them out a few weeks ago. They are, to say the least, non-intuitive.</p>
<p>From what I can discern so far, there are two sets of economic rules: Those for mere mortals, and those for the Royal Mint. The former are constrained by a scarce resource; the latter are not.</p>
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		<title>Lemons</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/452888699/lemons</link>
		<comments>http://www.coxesroost.net/journal/2008/11/14/lemons#comments</comments>
		<pubDate>Fri, 14 Nov 2008 12:35:21 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[economics]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=938</guid>
		<description><![CDATA[Regulation is offered up as a means to prevent a repeat of the present financial situation. From what I have been learning of the instruments of destruction, however, it seems that &#8212; aside from the simple fraud of selling things one did not own &#8212; the failure was a lack of information. Much like a [...]]]></description>
			<content:encoded><![CDATA[<p>Regulation is offered up as a means to prevent a repeat of the present financial situation. From what I have been <a href="http://marketplace.publicradio.org/display/web/2008/11/13/pettifor/">learning</a> of the <a href="http://www.npr.org/templates/story/story.php?storyId=96950757">instruments</a> of <a href="http://www.nytimes.com/2008/11/09/business/09magic.html?_r=1&#038;oref=slogin">destruction</a>, however, it seems that &mdash; aside from the simple fraud of selling things one did not own &mdash; the failure was a lack of information. Much like a used car, the risks of these products were unknown.</p>
<img src="http://feeds.feedburner.com/~r/CoxCrow/~4/452888699" height="1" width="1"/>]]></content:encoded>
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		<title>The Cost of Failure</title>
		<link>http://feeds.feedburner.com/~r/CoxCrow/~3/452846253/the-cost-of-failure</link>
		<comments>http://www.coxesroost.net/journal/2008/11/14/the-cost-of-failure#comments</comments>
		<pubDate>Fri, 14 Nov 2008 11:38:55 +0000</pubDate>
		<dc:creator>Will</dc:creator>
		
		<category><![CDATA[economics]]></category>

		<guid isPermaLink="false">http://www.coxesroost.net/journal/?p=935</guid>
		<description><![CDATA[Over the past month or so I&#8217;ve noticed more frequent mention of the cost of failure: what will happen if we don&#8217;t do this to save that. Explicit, or more often implicit, in these discussions is that it is right and good to do something, that something must be done. This something usually amounts to [...]]]></description>
			<content:encoded><![CDATA[<p>Over the past month or so I&#8217;ve noticed more frequent mention of the cost of failure: what will happen if we don&#8217;t do <em>this</em> to save <em>that</em>. Explicit, or more often implicit, in these discussions is that it is right and good to do something, that something <em>must</em> be done. This something usually amounts to providing a social safety net so that the costs are avoided, so that Joe the Auto Worker, for example, does not lose his job, or so that if he does lose his job, he can still get medical care or retire in style.</p>
<p>The costs are terrifying.</p>
<p>Why, just today I learned that because a <a href="http://www.goveg.com/feat/AgriProcessors/" title="might not be kosher meat anyway">meat packer</a> closed two plants it is now <a href="http://www.npr.org/templates/story/story.php?storyId=96945335">near impossible to find a kosher brisket!</a></p>
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