WND column

End the Fed
by Ron Paul
Rating: 10 of 10

“The Federal Reserve System must be challenged. Ultimately, it needs to be eliminated. The government cannot and should not be trusted with a monopoly on money. No single institution in society should have power this immense. In fact, I believe that freedom itself is at stake in this struggle.”
– Ron Paul, “End the Fed,” p. 11

In 17 years of writing game and book reviews, I can count on two hands the number of times I have ever given out the highest rating. True excellence is to be distinguished from the merely very good, and it is far rarer than the heavy use of superlatives in our everyday language would tend to indicate. End the Fed is more than a timely political polemic, it is also the story of the long and patient campaign by a small group of freedom-loving patriots to restore economic liberty to the American people.


Reading List

1. We are Doomed by John Derbyshire

2. Ilium by Dan Simmons

3. Cool It by Bjorn Lomborg

End the Fed by Ron Paul: 10/10. I’ll be reviewing this in more detail soon and have requested an interview with him. A fascinating book; it significantly surpassed my expectations.

The Empire series by Conn Iggulden: 6/10. Lightly alternative historical mind candy. It was entertaining enough and the man clearly did his homework, but I still don’t see the point of trying to turn Brutus and Caesar into David and Jonathan just to get a bit more dramatic bang out of that final “et tu, Brutus?” The relationship was never really convincing and it weakened Caesar’s character significantly. Caesar winds up coming off a bit schizophrenic, as Iggulden is forced to juggle between portraying the historical Caesar capable of his astounding actions and the kinder, gentler romantic that Iggulden wants him to be in order to serve the story. Brutus, on the other hand, would be convincing if only he wasn’t the bestest blade in the West… I mean, Rome.

The Painter of Battles by Arturo Perez Reverte: 8/10. A brutal book by a very good writer. Introspective and sparse, it paints an intriguing portrait of the narcissistic and unintentional evil of the compartmentalized intellectual. Shows definite flashes of greatness which are countered by occasional periods of textual tedium. The sort of book that leaves you staring at the ceiling afterward, contemplating Man’s capacity for pointless depravity.

The Mind of the Market: Compassionate Apes, Competitive Humans, and Other Tales from Evolutionary Economics by Michael Shermer: 7/10. I reviewed it at WorldNetDaily.


WND column

Evolution, Economics, and Evil

The Mind of the Market: Compassionate Apes, Competitive Humans, and Other Tales from Evolutionary Economics
Michael Shermer
Rating: 7 of 10

It is no secret that I hold a rather low opinion of various books produced by a few well-known atheists. Without exception, they are riddled with factual ignorance, easily demonstrable illogic and fraudulent appeals to science. While Michael Shermer is every bit the atheist that Sam Harris or Richard Dawkins are, his scientific expertise happens to be applicable to his subject matter and his approach is entirely different. And unlike the New Atheists, Shermer makes intelligent use of both science and logic in utilizing various aspects of evolutionary theory to consider homo economicus.

By the way, something that I didn’t manage to work into the column was Shermer’s articulation of “Darwin’s Dictum”, which he developed from a letter Darwin wrote to Henry Fawcett.

“About thirty years ago there was much talk that geologists ought only to observe and not theorize, and I well remember someone saying that at this rate a man might as well go into a gravel-pit and count the pebbles and describe the colours. How odd it is that anyone should not see that all observation must be for or against some view if it is to be of any service!

Shermer writes: “This quote was the centerpiece of the first of my monthly columns for Scientific American, in which I elevated it to a principle I call “Darwin’s Dictum,” as identified in the final clause: all observation must be for or against some view if it is to be of any service. Darwin’s Dictum encodes the philosophy of science of this book: if observations are to be of any use they must be tested against some view—a thesis, model, hypothesis, theory, or paradigm. Since the facts never just speak for themselves, they must be interpreted through the colored lenses of ideas—percepts need concepts. Science is an exquisite blend of data and theory—percepts and concepts—that together form the bedrock for the foundation of science, the greatest tool ever devised for understanding how the world works. We can no more separate our theories and concepts from our data and percepts than we can find a truly objective Archimedean point—a god’s eye view—of ourselves and our world.

I found this to be an intriguing perspective, especially in light of the vociferous claims of science’s pure objectivity made so often by those who fetishize it. It tends to raise two questions, of course. In service to what, or to whom? And by what standard are competing interpretations of the same facts to be judged?


WND column

Bernanke’s ‘Essays’

“It should also be emphasized, though, that not just the existence of financial difficulties during the 1920s but also the policy response to those difficulties was important. Austria is probably the most extreme case of nagging banking problems being repeatedly “papered over.” That country had banking problems throughout the 1920s, which were handled principally by merging failing banks into still-solvent banks. An enforced merger of the Austrian Bodencreditanstalt with two failing banks in 1927 weakened that institution, which was part of the reason that the Bodencreditanstalt in turn had to be forcibly merged with the Creditanstalt in 1929. The insolvency of the Creditanstalt, finally revealed when a director refused to sign an “optimistic” financial statement in May 1931, sparked the most intense phase of the European crisis.”

– Ben S. Bernanke, “Essays on the Great Depression,” p. 96.

One of the benefits of having an intellectual at the helm of the Federal Reserve during this ongoing economic crisis is that intellectuals tend to leave a paper trail. Bernanke, famous for being a student of the Great Depression, is without question very well-informed on the relevant historical issues. His book reveals an intelligent and scholarly mind that does not shirk from the details but, rather, leaps without hesitation into statistical analysis of the most technical economic minutiae. The book simply wallows in charts, equations and log changes; the net result is impressive, especially when compared with his predecessor’s lightweight, revisionist chronicle, “The Age of Turbulence.”


Umberto Eco on Jules Verne

Umberto Eco writes of the great science-fiction author on the centenary of his death in an article that was published on 11 April, 2005, in L’Espresso:

VOYAGE TO THE CENTER OF JULES VERNE

When
we were boys, we were divided into two groups: those that held to
Salgari [Italian author Emilio Salgari] and those that held to Verne. I
quickly confess that at that time I held for Salgari, and now History
compels me to revisit my opinions of that time. Salgari, retold, cited
from memory, loved for all the colors it gave one’s infancy, no longer
seduces new generations or – to tell the truth – the elders either.
When they reread him in search of a little ironic nostalgia, the reading
simply makes them tired, and too many of those mangroves and wild pigs
come to be an annoyance.

Instead, in 2005 we are celebrating the
centenary of the death of Jules Verne, and not only in France are there
daily and weekly conventions dedicated to him, searching to demonstrate
the many ways that his fantasies anticipated reality. A look at the
editorial catalogs in our country suggest to me that Verne was
republished far more often than Salgari, to say nothing of France, where
there exists an absolute industry of Vernian antiquities. The old
hardbound Hetzel editions are certainly very beautiful. (In Paris, on
the Left Bank alone, there are at least two stores possessing these
splended volumes laid out in red and gold, offered at a prohibitive
price.)

For all the merits that our Salgari must be remembered,
the father of Sandokan did not have a great sense of humor, (not unlike
the rest of his characters, with the exception of Yanez), while the
romances of Verne were full of humor. It is enough to remember those
splendid pages of “Michele Strogoff” where, after the battle of Kolyvan,
the reporter from the Daily Telegraph, Harry Blount, goes to the
telegraph office and spends thousands of rubles transmitting verses of
the Bible* to his corrispondent in Paris in order to impede his rival,
Alcide Jolivet. But Jolivet succeeds in robbing Blount of his position
at the telegraph and blocks him in turn by transmitting the little songs
of [François] Béranger.

“Hallo!” said Harry Blount.
“Just so,” answered Jolivet.”

And tell me if this is not style!

Another
reason for this fascination is that many futuristic stories, read at a
temporal distance when that future is already known, leaves the reader a
little disappointed, because the things that truly happened, the
inventions that were actually realized, are more marvelous than those
imagined by the books of the previous era. With Verne this is not so,
no atomic submarine will be more technologically wonderful than the
Nautilus and no dirigible or jumbo jet will ever be as fascinating as
the majestic helix ship of Robur the Conquistador….

And if we
do not have the money to buy the old Hetzel editions from antique
bookstores and we are not satisfied with the contemporary re-editions?
You can go on the Internet, to the address http://jv.gilead.org.il/.
There a gentleman by the name of Zvi Har’El, a collector of all the
news of Verne, has a list of the worldwide celebrations, a complete
bibliography, an anthology of sayings, 304 incredible stamps dedicated
to Verne from various countries, translations in Hebrew, and most of
all, a virtual library where you can find integral texts of Verne in
various languages and see the original French editions as well all of
the engravings to save and afterwards enlarge as you like because,
sometimes, we are even more captivated the second time.

One
of the most decent things about writers, a famously indecent lot, is
that they are one of the few disciplines who trouble to remember those
who went before.

*Eco makes an uncharacteristic mistake here,
as “the verses learned in his childhood” do not refer to the Bible, but
rather “the well-known verses of Cowper”, which is to say, William
Cowper, the English poet.