Don Arthur’s Missing Link at Club Troppo.
The Mont Pelerin Quarterly, Vol 1 No 1 April 1959, reporting on the 9th meeting of the MPS, with a session on foreign aid. Surely a collectors item! Via Aid Watch.
An extract from the commentary.
This assignment to summarize Dr. Bauer’s important papers on economic development encourages me to hope that in your journey around Princeton you have not only visited Nassau Hall, which were hallowed and hollowed by the footsteps of Madison, but that you have also paid a little attention to Palmer Stadium where, in the fall, we hold our annual football games. It is a curious part of those games that, when it is clear that Yale has defeated Princeton – as we hope – or more often, when Princeton hes defeated Yale, there is an uneeemly rush of subititutes onto the field in the last two minutes of play to earn what we call their “major letter”.
I feel, gentlemen, very much like one of those substitutes coming onto the field, and it is indeed a misfortune for all of us that Dr. Bauer is now in Pakistan…It seems to me that the great contribution which Dr. Bauer has made is to take on, and expose the fallacies of what he calls “the new orthodoxy” of economic development…that the ” vicious circle of poverty”, can only be broken: 1) by adoption by the underdeveloped countries of elaborate planning measures with respect to their domestic economies: and 2) by large injections of government help from the richer countries.
Is Luke Slattery lost in the dead forest of the left? What is this about “unfettered capitalism“? Literary folk should have more sensitivity to language and the use of words.
A defence of mathematical economics, courtesy of Organizations and Markets. This is a site for people who are not Austrian enough or not serious enough to post on Coordination Problem.
This is for serious people, a criticism of mathematics in economics.
A bright idea for the Very Green Lord Mayor of Sydney.
Bruce Caldwell interviewed on Hayek and the Tea Party movement.
Well, he was not against popularization. He approved, for example, a Reader’s Digest condensation of the book that was done by Max Eastman. What Glenn Beck is doing is saying: read the real book. So I think that Hayek would think that that was just fine! As to the Tea Party movement, it has been described in many ways, but to the extent that it is accurate to describe it as a non-partisan group that is worried about the current and projected level of deficit spending and about the intrusion of big government, I think that he would like that.
Fancy “Breast of Bear in Sour Cream“?
What to do with this meat? In the kitchen, the most important thing you need to know about bear is that it is the single biggest vector for trichinosis in North America. No one gets trichinosis from domestic hogs anymore, but they sure do from wild boar, bear and, oddly, walrus.
To kill trichinae parasites you need to hit at least 135 degrees and hold it there for a long time, at least an hour. Safer to get the meat up to 145 to 150 degrees, which is medium—still pink, by the way. Ignore the old warnings about 180 degrees and such.
To me, no culture screams “bear” more than Russia. A look through the 1935 edition of The Derrydale Game Cookbook turns up Bear Steak Czar Alexandre, Breast of Bear in Sour Cream, Russian Braised Bear Liver, and the memorably named Fillet of Bear a la Zinoff.
Nicholas Gruen is excited about Hegel who was the subject of two talks on the Philosophers Zone. Most of the talk is about God and the spirit, if you find anything there that adds value to the philosophy of science or the classical liberal agenda, let me know. Thanks to James Farrell who provided a link to heaps of You Tube interviews with philosophers, Magee talking to Ayer about Logical Positivism, a piece on Popper and Wittgenstein rather unhelpfully in German (but nice pictures), Heidegger speaks (with English subtitles), Derrida on Hiedegger, Putnam on the philosophy of science, Searle on Wittgenstein. And if you keep looking, a series of five Popper (in German). And much more.
A feast of film, media and art links from Erudito. Among them, a Margaret Thatcher themed nightclub in London, Venus Williams steps up to defend an Israeli tennis player in Dubai, a review of a book blasting myths about race and Jazz music etc etc. Something for everyone!
US Democrats punish the successful.
“How the Humanities Can Help Us Rebuild Ireland,” in the aftermath of financial meltdown.
Jane Ohlmeyer, Erasmus Smith professor of modern history at Trinity College Dublin, said. “Ireland historically invests in education, especially during times of trouble. This is not just about education, it’s the knowledge economy,” Ohlmeyer said. “Even though we’re in meltdown financially, the funding for research will not be slashed because the government recognizes the fundamental importance of knowledge as a key to economic and social growth.”

Fancy “Breast of Bear in Sour Cream“?
- Bill Clinton to friend, explaining why he cheats.
C.L.
3 Dec 10 at 9:04 pm
Even though we’re in meltdown financially, the funding for research will not be slashed because the government recognizes the fundamental importance of knowledge as a key to economic and social growth
This is a foolish decision.
Public research brings benefits that are long-term, hard to pinpoint, and in many cases obtainable in other ways. Ireland’s in a financial crisis. They should slash publicly funded research.
Also, resarch does not equal “knowledge.” A small country like Ireland should capitalise on knowledge obtained by research powerhouses like the US rather than DIY.
daddy dave
3 Dec 10 at 10:12 pm
Thank you for this useful service!
Hal Colebatch
4 Dec 10 at 6:47 pm