Fred Smith decided to step down as chief executive of FedEx, which he founded 50 years ago. Mr Smith came up with the idea of a logistics firm based around transport hubs in an economics paper when he was a student at Yale in 1965. The paper received a poor grade from his professor; FedEx is now a global giant with annual sales of $84bn.
Item in the Economist
Kids say the darndest things:
Princeton sophomore: "I don’t want to sell out by doing something like going to McKinsey when I graduate."
Princeton senior (on her way to Goldman): "It won’t be selling out if you put a Black Lives Matter sign up on your lawn."
End of History
Every time something dramatic happens in the world, someone feeling clever tweets “remember the end of history?” But the actual thesis of the book was that communism was the Final Boss of global ideology and that from there on out, the struggle for democracy would be just a fight against not-democracy — people who want to rig elections or crack down on opposition parties for squalid self-interested reasons — rather than against conflicting ideologies.
What Putin is doing to Russia
Russia’s potential is being set back by decades; the young, educated and creative are leaving; and the hard men are ascendant. Once again, Russia has become a pariah spreading lies and death.
Reports from Russia, and from some friends I’ve reached, speak to a widespread dismay and shame among younger, educated, urban Russians …
A growing number of educated Russians began flowing out of Russia, some to Kyiv. When I visited there some years ago, I met several prominent Russian journalists who were, in effect, living in exile …
When the word spread that the invasion had begun, the brain drain became a rush for the doors. With flights to more than 30 countries now stopped, the twice-daily trains to Finland have been full, and many more Russians have being fleeing south to Georgia, where they don’t need a visa, or through Gulf States.
Serge Schmemann, Putin Is Setting Back Russia’s Potential By Decades
134,499 smart young Russians emigrate
Reuters reported Thursday that Russian President Vladimir Putin signed an order drafting 134,500 new conscripts into the Russian army, a move the Kremlin claimed was routine and unrelated to the country’s invasion of Ukraine. “Most military personnel will undergo professional training in training centers for three to five months,” Defense Minister Sergei Shoigu said. “Let me emphasize that recruits will not be sent to any hot spots.”
Exoneratring Ginni Thomas
This is unlike anything else I’ve read about the Ginni Thomas (Mrs. Justice Clarence Thomas) Tweets on on around January 6. 2020:
Ginni Thomas’ texts were bonkers, and not just Japanese game show bonkers. They were legitimately disturbing. But a lot of people seem to miss the point. There’s a lot of talk that she was part of a coup. And in one sense she obviously was. But a plain reading of the texts shows that she didn’t think she was. She thought—wrongly!—that she was on the side preventing a coup. You can argue—easily and persuasively—that she was duped. But where is the evidence that she didn’t believe what she was saying to Mark Meadows in private text exchanges? You gotta pick a theory: Was she a willing and knowing participant in an effort to illegally steal an election, or was she effectively brainwashed by the people trying to steal it? Both can’t be true. So far, all of the evidence points to the latter. After all, this is a woman who couldn’t understand why Sidney Powell and Rudy Giuliani had become liabilities for the cause. And almost as bizarre, she believed a conspiracy theorist’s report that the “Biden crime family” was being arrested for treason and heading to prison barges off the coast of Guantanamo. Again, she wasn’t saying this on TV, she was saying it privately.
Ginni Thomas is not Roger Stone. I think it’s obvious that Stone is a liar and fraud who deliberately spun bogus claims to help Trump steal the election. Ginni Thomas is simply guilty of thinking that Stone and his imitators were serious people. It doesn’t reflect well on her. But until new evidence is provided, I think she’s guilty of being a true believer, not a cynical plotter. This is important for all sorts of reasons, not least that all of the people going after her husband need her to be a knowing villain rather than a victim of the villains. Distinctions matter.
I intend for this to be my last blog post about Mrs. Thomas, and I’m pretty sure it’s the first, too.
Modern Monetary Theory lives in the hearts of its True Believers
Remember MMT? Modern Monetary Theory was the notion, advanced by a small but influential group of very smart people, that our government can just keep printing money, traditional concerns—deficits, inflation—be damned. This view was advanced by Bernie Sanders’s economic advisor and Alexandra Ocasio-Cortez, whose policy dreams required the government to print trillions of dollars for every social cause under the sun (Green New Deal! Medicare for All!) and by Goldman Sachs, which loved the idea of a hot economy and cheap money. Covid relief was to be the big tryout. The enemy was that old man Larry Summers, trying to ruin all the fun. The Times’s Ezra Klein slips a small mea culpa in this week in an interview with Summers: “There was a reason the Biden administration wanted to run the economy hot. . . . It felt, finally, like we were reaching people on the margins,” Klein said. “We were putting a lot of firepower to do that,” he said. “And then for that to then turn into this horrifying inflation problem.”
One of MMT’s original economist proponents is now saying Biden did it wrong with the Covid spending and, therefore, true MMT has still never been tried.
Nellie Bowles. "X hasn’t failed; X hasn’t really, properly, been tried" is the last refuge of almost every ideologue.
A book I really need to read
[Julien] Benda introduced Treason with a story about Leo Tolstoy. When Tolstoy witnessed a fellow officer beat a man who fell out of marching ranks, he asked the officer if he had never heard of the gospels. The officer, in reply, asked if Tolstoy had never heard of the army regulations. For Benda, it was reasonable that the officer replied as he did, but it was nonetheless crucial that there be men like Tolstoy to protest. These men were the clercs—loosely translated, “scribes” with the hint of ecclesiastical status. “It is thanks to these scribes … that humanity did evil for two thousand years but nonetheless paid tribute to the good,” Benda wrote. “This contradiction was an honour to the human race, opening up the crack whereby civilisation could occasionally slip through.”
… For Benda, intellectuals should stand athwart history yelling “No” when they saw the “transcendental values” of truth, beauty, and justice traduced. Paradoxically, they fulfilled their role as intellectuals when they engaged in political protest. Benda cited several exemplary cases of such engagement: Émile Zola’s intervention in the Dreyfus affair; Voltaire’s defence of Jean Calas; Spinoza’s “ultimi barbarorum” following the lynching of the de Witt brothers. Benda thought thnat Treason was itself a paradigmatic case of intellectual responsibility.
Gustav Jönsson, Treason of the Intellectuals
It seems as if every serious writer I read has read and grappled with Julien Benda.
For what it’s worth
David French increasingly has been getting called out for disloyalty to the Evangelical Tribe, as here for the latest known instance ("uncharitable about the defects of his fellow evangelicals, even as he basks in the approval of writers like [David] Brooks").
I follow French pretty closely, and whatever his shortcomings, I sense nothing but friendly disappointment and a (doomed) effort to see Evangelicals do better.
To say that’s not what he’s up to because he writes for Atlantic and, sometimes, the New York Times seems more insulting to Evangelicals tacitly (as is "soft bigotry of low expectations") than anything French says outright.
Despite what hyper-partisan Linda Greenhouse says, I do not think there’s anything unusually vile, by post-Bork standards, about the behavior of Senate Republicans in the Ketanji Brown Jackson SCOTUS confirmation proceedings.
I wish it were otherwise, but the Democrats, led by Ted Kennedy, fired the first shots in the episode that gave us the term "Borked." Compared to that, nothing Republicans have asked or said is very noteworthy — unless one thinks that the focus on child pornography is consciously playing to the QAnon set.
I expect Jackson to be confirmed and there will be no asterisk by her name in history.
The Best Thing about retirement
Of all social media sites, LinkedIn is by far my least favourite, a prison of mindless platitudes and the worst kind of dreary corporate diversity+inclusion drivel. You can connect to me here — it will improve your career and life not a single bit, but please don’t contact me via LinkedIn. I’d rather you turned up unexpectedly at my front door, naked and screaming passages from the Bible.
So, asks Trung Phan on Substack, Why is LinkedIn so cringe?
Canadian sociologist Erving Goffman has the answer: in a book called The Presentation of Self in Every Day Life, Goffman posits that every person goes through life wearing many “masks”, like an actor in a theatre play. Most people are different personalities at work vs. home vs. happy hour. People wear these different masks to impress or avoid embarrassment with different audiences…
The setup forces everyone on the site to basically wear the professional “CV mask” of their personality. Bland. Buzzwords. Inoffensive. A little exaggeration. Self-promotional (but not too much). Desperate to impress.
One of the very best things about retirement was abandoning my neglected LinkedIn account.
In Holy Spirit Association for the Unification of World Christianity v. World Peace and Unification Sanctuary, Inc., (MD PA, March 30, 2022), a Pennsylvania federal district court dismissed on ecclesiastical abstention grounds a trademark dispute between the Unification Church (HSA), led by the late Rev. Sun Myung Moon’s wife, and defendant Unification Sanctuary, an organization created by Rev. Sun Myung Moon’s son to spread Rev. Moon’s teachings. At issue is the right of Sanctuary to use the trademarked Twelve Gates symbol. The court said in part:
While it is undisputed that the Twelve Gates symbol is registered with the USPTO in HSA’s name, Sanctuary contends that the Twelve Gates symbol is not entitled to trademark protection because the symbol has become generic as a universal religious symbol that represents Unificationism generally….
[T]he implicit question raised … is whether Sanctuary can be classified as a branch of the Unificationist church in light of the apparent fundamental disagreements between the parties relating to the beliefs and practice of this religion. Indeed, while Sanctuary classifies itself as a Unificationist church, HSA vehemently disputes this assertion…. [I]t is well-settled that the court cannot resolve church disputes on the basis of religious doctrine and practice….
HSA’s registration of the Twelve Gates symbol with the USPTO constitutes prima facie evidence that it owns this trademark right…. However, Sanctuary has contested HSA’s ownership on inherently religious grounds. Specifically, Sanctuary has alleged that Sean Moon is the owner of all Unificationist property as the heir of Rev. Moon, and that he therefore owns the trademark to the Twelve Gates symbol since he controls the Unificationist Church, and by extension, HSA as a branch of same.
Plainly, this is a dispute that the court cannot resolve without venturing into issues of church leadership or organization—an area in which the Southern District of New York and the Second Circuit have already determined is inappropriate in a similar dispute presented by the same parties.
How delicious is it that the Unification Church has its own internal, familial schism? Couldn’t happen to a nicer novel, audacious cult.
Traditions are the answers to questions we forgot we had.
Nellie Bowles on the Good Faith Effort podcast￼
Finally, someone has defined "woman":
a mature female who can maintain her composure while being badgered on national television by posturing politicians.
Laptop Class: My favorite short-hand for the social class to which I admittedly belong, which class has characteristic blind spots and animosities.
Speaking of "classes" that divide us, I heard someone (maybe Os Guinness) suggest that the real divide in America is between those who think our important revolution was 1776 in America and those who think it was 1789 in France.
I met a man who came up as I was pouring myself a cup of coffee so I poured him one. He was a soybean farmer who also raised sheep and we talked about that for a minute. Parenting is brief, he said, the lambs are weaned at two months and the rams have no parenting responsibility whatsoever, it’s just hit and run, and by thirteen months, the ewes are ready for breeding. He said that soybean farming is looking somewhat hopeful although a couple years ago he lost his whole crop to a hailstorm and almost had to sell the farm.
“So what is the fun in farming?” I said.
“Being outdoors on a beautiful day,” he said. “Knowing other people are shut up in offices and you’re on a tractor and it’s 75 and sunny and you can smell the vegetation and hear the sheep talking.”
“In other words, just being alive,” I said.
“That’s exactly right.”
You can read most of my more impromptu stuff here (cathartic venting) and here (the only social medium I frequent, because people there are quirky, pleasant and real). Both should work in your RSS aggregator, like Feedly or Reeder, should you want to make a habit of it.