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My Weekly Studying and Viewing for March 17, 2024.

My Weekly Studying and Viewing for March 17, 2024.

First, Completely satisfied St. Patrick’s Day.

Now to the information.

by Matt Cole and Chris Nicholson, The Hill, March 7, 2024.


The Biden administration not too long ago promised it can lastly loosen the purse strings on $39 billion of CHIPS Act grants to encourage semiconductor fabrication within the U.S. However lower than every week later, Intel introduced that it’s placing the brakes on its Columbus manufacturing unit. The Taiwan Semiconductor Manufacturing Firm (TSMC) has pushed again manufacturing at its second Arizona foundry. The remaining main chipmaker, Samsung, simply delayed its first Texas fab.

Later excerpt that provides the rationale:

The regulation comprises 19 sections aimed toward serving to minority teams, together with one making a Chief Variety Officer on the Nationwide Science Basis, and several other prioritizing scientific cooperation with what it calls “minority-serving establishments.” A bit known as “Alternative and Inclusion” instructs the Division of Commerce to work with minority-owned companies and ensure chipmakers “improve the participation of economically deprived people within the semiconductor workforce.”

HT2 commenter Ahmed Fares, who linked to this later article.


Jon Hartley interview of Levitt, The Capitalism and Freedom within the twenty first Century Podcast, March 7, 2024.

Notice: I learn the transcript as a result of I can learn at about 6 to eight occasions the velocity at which I can hear. However the transcript is “scratchy.” For instance, “U of C,” which is clearly the College of Chicago, comes throughout as UFC.


As a result of while you’re on the job market, while you’re younger educational, you must persuade the school who’re hiring you, that you’ve, in some way the concept is that approach, realizing the best way to do onerous issues, technical expertise is admittedly useful. Or that you’ve, you understand the system for writing some troublesome sort of paper.

My remark

I had no idea of this once I went on the job market. I had simply turned 24 and interviewed on the AEA conferences in San Francisco in December 1974. UCLA, the place I used to be engaged on my dissertation, was fairly scorching then and so I received interviews with a number of prime colleges, together with Northwestern. I keep in mind Northwestern particularly. I had received fascinated about power economics and that led me to numerous common publications. One was about all of the small mines that had closed down after the 1969 coal mine security regulation had handed. Might there be a connection? There positive as hell was, and displaying that was an enormous a part of my dissertation. A part of my curiosity additionally, I confess, was as a consequence of the truth that I had labored in an underground nickel mine in northern Manitoba throughout the summer season of 1969.

In brief, I selected my matter as a result of it me, it appeared vital, and I assumed I might do it. I actually didn’t assume, “What would prime economists discover attention-grabbing?” I didn’t care. And I’m glad I didn’t care. I marched to the beat of my very own drummer from an early age. Cue Mama Cass singing one among my favourite songs, “Make Your Personal Type of Music.”

In these days, you interviewed in a resort suite with 3 or 4 of the school’s college. One or two of the Northwestern college appeared and I might inform by Dale Mortensen‘s look and physique language that he wished me to get the hell out of there. He wasn’t impolite. He simply had zero curiosity. (By the way in which, Mortensen shared the 2010 Nobel Prize in economics.)

One different factor I’ll add: For those who determine to work on issues that different persons are fascinated about and also you’re not, you understand what’s going to occur in case you succeed? You’ll get extra alternatives to work on issues that you just’re not fascinated about. After I accepted my job on the Council of Financial Advisers beneath Murray Weidenbaum and received there 2 weeks earlier than Murray left and Marty Feldstein confirmed up, I regarded round at who was there and who would present up beneath Marty (I appropriately predicted Larry Summers and Paul Krugman), I spotted that there was nobody to cowl well being coverage. Well being economics had all the time fascinated me and so forth Marty’s first day on the job, after we went across the room saying our names and the place we got here from, I departed from kind and stated, “David Henderson, Labor Division, and I wish to be the well being economist.” Krugman and Summers, sitting at Marty’s finish of the room, checked out one another; one stated one thing to the opposite–I can’t keep in mind which one–and the opposite one giggled. I had the final chortle. Two hours later Marty invited me to his workplace and handed me the job.

There’s a lot good materials in Jon’s interview that I like to recommend listening to, or studying, the entire thing.


Tucker Carlson, The Interview, March 11, 2024.

Tucker was fairly nasty to Chris Cuomo when every had a present, Carlson on Fox Information and Cuomo on CNN. However after Tucker was fired, Cuomo known as as much as supply ethical assist. That, in itself, I discovered spectacular. There are such a lot of good feedback on this virtually 2-hour lengthy interview, with the approximate time stamps.

15:30. Cuomo: Presidents take the ability to make battle and Congress doesn’t combat again. The consequence: we get in dangerous wars.

54:00. Cuomo doesn’t make a gender distinction about whom needs to be shot.

1:01:00. Cuomo: The January 6, 2021 occasion was a riot, not an riot. You don’t do an riot with out weapons.

1:21:46. Cuomo: Negativity is the proxy for perception.

1:35:20. Cuomo cites Marcus Aurelius.

There are such a lot of extra good elements.

My opinion of Carlson rose a bit as a result of he had the decency to ask Cuomo and likewise to confess that he (Carlson) had acted like a jerk. My opinion fell later when he stated two issues: (1) it’s by no means justified to hit or shoot a girl and (2) one ought to all the time take the facet of a member of the family whatever the reality.

My opinion of Cuomo had been low as a result of he had lied about staying in his basement after getting Covid. However it rose once I noticed him making clear distinctions that, in my opinion and surprisingly, confirmed him to be Tucker Carlson’s mental superior.

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