Monday Evening

October 1, 2009

No more Saturns

Filed under: Economics — Marcel @ 2:30 pm

The Saturn car company is shutting down, after GM and the potential buyer, Penske, couldn’t close the deal. It’s a shame. I had a Saturn, and it was a nice small car, reliable and economical. Popular Mechanics has a thoughtful analysis, What Went Wrong With Saturn?, but it doesn’t describe what I think happened. In fact, my opinion is about the opposite.

It seemed to me that around 2002 Saturn lost its focus in a race for short-term profit. Instead of improving the small cars they knew how to build, they started making larger cars, sports cars, and an SUV. Everybody wants an SUV, right? Maybe it could have been Saturn that sold the first popular hybrid. Instead they came to be, de facto, another division of GM.

I blame GM management too. The original idea was that Saturn would be an independent company, owned by GM. When it was making money operating on its own, GM should have spun it off, issuing stock to GM shareholders and/or Saturn employees.

Most of all I blame the clueless idiot who hit and totaled my Saturn several years ago. The air bag fired and I didn’t get a scratch. Because besides being reliable and economical, the Saturn was safer than other small cars.

I still miss my Saturn. Too bad nobody will be making any more.

UPDATE: Another view: RIP Saturn – You Could Have Saved GM

September 14, 2009

Malthusian collapse:

Filed under: Economics, Food, Politics — Marcel @ 7:34 pm

Twenty years away for the last two hundred years

Here’s a great short video about overpopulation. Like P.J. O’Rourke says, for the far left it’s “Just Enough of Me, Way Too Much of You.”

August 25, 2009

Free-market liberals

Filed under: Economics, Food, Healthcare, Politics — Marcel @ 6:58 pm

Grandmothers and health care

It’s a misconception that Democrats oppose a free market in health care. In fact, they’ve been amazingly innovative.

End-of-life care eats up a huge slice of spending but we can’t change that, except by, um, counseling. So what’s to become of us? Well, Barrack Obama cut Grandma’s social security (hey, that’s what they would have said about George Bush). But that’s because the cost of living has gone down. So thanks to Barrack Obama (See? It all works out) Grandma’s nominal dollars will buy more Big Macs.

Especially in Chicago, but that’s just a coincidence.

Two all-beef patties…

I mean, put it all together. Social Security is in trouble, and Medicare is almost bankrupt. Eating a Big Mac improves your quality of life. At the same time, science (recall how Bush hated science) teaches us (No Child Left Behind) that a diet high in fat is associated with decreased longevity. So the real-dollar price of Big Macs goes down, the price old folks pay for their Statins goes up, and the problem is solved — Older Americas get a shorter and higher-quality life, Medicare is saved, and the economy gets a stimulus.

The Democrats took end-of-life counseling out of the health care bill because public-spirited corporations stepped up and met that need, spreading the word through their marketing departments.

July 29, 2009

If it sounds too good to be true…

Filed under: Economics, Politics, The World of Work — Marcel @ 1:05 pm

Maybe there are consequences to unrestricted commerce (at least on our side) with repressive totalitarians. That is, consequences beyond cheap DVD players, all kinds of poison stuff, and the destruction of American manufacturing. I wonder what the Chinese leaders hoped free trade would get them? Probably tenure as leaders, and a pile of money besides. On our side, some of us thought free trade would lead China to embrace capitalism and human rights. Instead, Fake Steve Jobs thinks we have all become complicit in the repression.

“We all know that there’s no … way in the world we should have microwave ovens and refrigerators and TV sets and everything else at the prices we’re paying for them. There’s no way we get all this stuff and everything is done fair and square and everyone gets treated right. No way.” — I’m really thinking maybe I shouldn’t have yelled at that Chinese guy so much (Caution; strong language)

July 6, 2009

More coffee

Filed under: Economics, Food, Healthcare, Politics — Marcel @ 4:35 pm

Coffee “may reverse Alzheimer’s”? Then maybe apple pie prevents heart disease, and ice cream reduces the incidence of strokes. It’d be nice, but it seems like the kind of thing someone would have noticed before now. Anyway, more study is needed, and that’s fine with me.

If it turns out to be true (or if it doesn’t) maybe President Obama will send us some stimulus coupons. It wouldn’t bust the budget – the Treasury would just print up the coupons, and the coffee shops would honor them. It wouldn’t cost the coffee shops anything – they would just pass on the cost to their customers. And it wouldn’t cost the customers, because they’ll just pass on the incremental cost by charging more for their labor. It’s free; it reduces medical costs; it makes everybody richer; and at least a cup of coffee would actually be stimulative.

July 5, 2009

Drywall

Filed under: Economics — Marcel @ 2:08 pm

Hate it…

But truly, I’ve hated drywall for years, even American drywall made from organic gypsum and the finest virgin paper. Mostly I just wanted to type “Radioactive Chinese Drywall“.

June 9, 2009

“A New Citizenship”

Filed under: Civilization, Economics — Marcel @ 12:51 pm

Michael Sandel speaks on on market triumphalism. His criticisms are solid, especially the marketization of things not traditionally bought and sold. But he says “should” and “ought-to” and “better”, a lot. That’s fine, but I’d like to know what basis he’s using. I’ll have to tune to his next 2009 Reith Lecture.

June 7, 2009

In the carboniferous epoch

Filed under: Economics, Politics — Marcel @ 12:23 pm

Because there’s Always a Reckoning

In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: “If you don’t work you die.”

The Gods of the Copybook Headings , by Rudyard Kipling

May 6, 2009

Three from Wall Street, one from the beach

Filed under: Economics, Politics, The World of Work — Marcel @ 9:14 am

April 28, 2009

Unoriginal thesis

Filed under: Economics, Politics — Marcel @ 7:31 am

“[T]oday’s complex, interconnected, globalized world requires policy makers willing to toss out old assumptions … and embrace creative new approaches.” — The Era of Adapting Quickly

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