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Showing posts from April, 2024

W.D. Ross and pluralism

A couple years ago someone asked on QUORA whether W.D. Ross believe in an "absolute moral principle."  I recently looked up that old question and my response to it, because I suspected it might shed some light on the matter of effective altruism I have discussed here of late. I responded to the question about Ross as follows: ---------------------------------- I don’t believe that Ross would want you to think of any moral principle as absolute. His point was, to put it simply, that there are a plurality of moral principles and that they must be balanced against one another. If you want to think of the need to balance as itself an “absolute,” at least for Ross, you can. But that is more a matter of playing with words than of philosophizing. And yes, there is a difference. Ross begins with what he calls “prima facie duties.” There are five of these: the duty to keep promises, the duty to repair such harms as we may have done, a duty to return services whence we have benefitted,

Some old-fashioned union activism

Old-fashioned union activism is loosed upon us again.  The UAW. Wow.  The UAW has won an organizational vote at a VW plant in Chattanooga, Tennessee.  https://www.tennessean.com/story/news/2024/04/19/tennessee-workers-vote-to-join-uaw-union/73382830007/   Once upon a time, when my own age figured in the single digits, there were the "Big Three" auto makers in Detroit Michigan and they dominated the auto industry not just in the US but in the world. So much so that union-management relations came to seem a domestic US centric affair.  During the Kennedy administration, the Attorney General's pursuit of Jimmy Hoffa and the Teamsters drew some heat from Arizona Senator Barry Goldwater. Why? Well, first because Goldwater was entertaining thoughts of a run for President himself. But that wasn't the reason he gave, "I need the issue, people."  No, Goldwater said that the Kennedys were going after the wrong union and the wrong union leader. The real crooks were at

More on securities fraud and sulfur

  Let us return to as subject broached last week, the US Supreme Court's decision in MACQUARIE INFRASTRUCTURE v. MOAB PARTNERS.  As I noted, the case involves the private (tort) use of an SEC rule, 10b-5, and it says that the omission of material facts by the issuer of securities will NOT present a cause of action in tort by a buyer of the securities unless the omission is such as to render statements that actually WERE made by the company misleading.   Today I'd like to say something about the specific underlying issue. Some of Macquarrie's most valuable assets are terminals for the storage of fuel oil. Its terminals are designed to accommodate high-sulfur fuel oil.  What Macquarrie neglected to say, setting up Moab's ire and this lawsuit, is that under the influence of a United Nations rule relating to climate change, high sulfur fuels are getting phased out around the world. That's a good thing.  But it is a very bad thing for the value of the Macquarrie assets t

An Allen Drury quote

In the final book of the famous series of political novels that began with ADVISE AND CONSENT, we get a (relatively) happy ending called THE PROMISE OF JOY, in which Drury's idealized hero, Orrin Knox, finally becomes President. His inaugural speech is recorded in some detail. This one paragraph -- which does not really arise out of anything else in the plot, jumps out at me. "Agriculture will continue to receive the same close attention from my administration that it has received from others. The price gap between producer and consumer is still too low for the producer, too high for the consumer, too close to profiteering for the middleman. We will seek ways to close that gap."   What on earth does that mean? As I say, it is from Drury's hero. We should not lightly write it off as meaningless political blather.  The gap between producer and consumer? Presumably this refers to the gap between what the farmer gets selling wheat and what the consumers put out buying the

Silence, securities fraud, sulfur

  Macquarie Infrastructure v. Moab Partners -- a unanimous decision came down from our Supreme Court last week.  The opinion, written by Justice Sotomayor, says in essence that securities fraud, regarded as an actionable private tort, is a tort of malfeasance, not of nonfeasance.   Let us abstract from the particular facts a bit. Consider any case in which a plaintiff believes that he was sold stock by the issuing corporation at an unrealistically high price. He has sued. Asked why he bought it at such a price, the plaintiff might say, "They didn't tell me about X, a fact known to them and one that soon thereafter eliminated the value of the securities at issue." This decision tells that plaintiff: that isn't enough.  You're going to have to plead, and in due course prove, that they made materially false statements, not simply that they failed to make certain true ones. The decision is a matter of interpreting the text of an SEC rule,  10b–5(b), which makes it

Constraints on, permissions to violate, Effective Altruism

To start off today's discussion, I refer the reader to my post in November discussing what "effective altruism" is and why I think we must judge that somewhere in its reasoning this philosophy goes horribly wrong.  Effective Altruism: The short course (jamesian58.blogspot.com) I won't re-tread that ground but I will observe that the Notre Dame Philosophical Reviews site has a review of a new book on the subject. The book is THE RULES OF RESCUE by Theron Pummer. The reviewer is Violetta Igneski . Pummer argues (in Igneski's paraphrase) that "we are not always required to provide the most help possible," that is, maximally effective altruism. He does not reject EA, but wants to reconcile it with a non-consequentialist account of both moral constraints and moral permissions.  The constraints are things that you must NOT do, regardless of your utilitarian calculations, and the permissions are things that you CAN rightly do that are in some respect unhelpfu

Links concerning OJ Simpson

  One day last week I was in my home office, typing away on work related matters, and (since the door was open) I half heard a news report about OJ Simpson. People in my line of work love doing resonant "anniversary" stories so, after a little thought, I believed that I knew what the story was: we must have reached the 30th anniversary of the killings or the trial verdict or something.  Well, that wasn't it. Simpson had died. [Of natural causes.] I have nothing to say about this, so I'll just leave you with some links.  Well, I guess I do have SOMEthing to say, at least at a meta level. The fourth of the below links is an oddity. Someone thought it sensible to publish the reaction of ... Caitlyn Jenner. Why? Well, Caitlyn used to be Bruce Jenner and Bruce Jenner was the husband of the ex-wife of Robert Kardassian, one of the attorneys for Simpson, the man credited with putting together the "dream team." So of course we all want to know what Caitlyn has to sa

The first criminal trial of DJT is underway

Many were despairing of such an event. But jury selection is now underway. The former President, Donald Trump, is now being tried in a court whose judgment is not subject to any presidential pardon. He is not being tried for insurrection. He is being tried for falsifying business records. But he is on trial -- his odd de facto immunity from any such proceedings is at an end.  Nothing even remotely like this has happened in our country since 1807, when Aaron Burr went on trial.  Burr was not a former President, of course. Burr was a former Vice President. Another difference: Burr was tried by a federal court. He could presumably have pardoned himself had he been convicted there and had somehow thereafter been elected President. So ... not an exact likeness to the current situation.   But let's talk a bit about Burr. He was the guy who inspired the 12th amendment, changing the way vice presidents are selected, largely so that Jefferson could replace him with George Clinton. Dramatic

Nebraska and the electoral college

  Nebraska is one of just two states that does NOT follow a winner-take-all rule with reference to the allocation of its electoral votes in a Presidential contest. [The other is Maine.]  Part of  Nebraska's allocation of electors works by congressional district. [It gives out two of its five votes on a statewide basis and the other three by virtue of the presidential votes of its three congressional districts.] The result of this is that Nebraska sometimes votes in the electoral college four to the Republican candidate, one to the Democratic, because of the blue political tint of the district that includes the city of Omaha.   Now, there is one plausible breakdown of the state-by-state results this November that has Biden winning by 270 to 268. THAT scenario involves Biden winning that one vote in otherwise deep red Nebraska.  If the Trump forces can change the law in Nebraska, as they are now endeavoring to do, then that scenario yield a 269 to 269 result. Unless the Biden forces

A National Green Bank

The "green new deal" is a cliche. Now we hear of a national green bank.  As if Alexander Hamilton had hooked up with Rachel Carson. The Biden administration's long talk of a "national green bank"  came into focus last week with the announcement that the administration is providing $27 billion in climate finance funds to coalitions of nonprofit lenders. The funding comes out of funds already appropriated by last year's Inflation Reduction Act. Formally, the "bank" is known as the Greenhouse Gas Reduction Fund.  The hope is that the GGRF will evolve into something like a true bank, borrowing from private capital on the one hand what it lends out to private enterprises on the other, and making enough back from its debtors to pay its creditors. The hope, furthermore, is that this will truly be a NATIONAL bank in a Hamiltonian sense, the center of a network of private banks that will end up financing everything from community solar projects to EV chargi

"I don't wanna do it if Diddy did it!"

  In watching an episode of SOUTH PARK, years ago, we learned that the devil plans to give himself a big party.  This was Season 10, episode 11, back in 2006. I won't bother you with a plot outline, I only want to focus on one point, what seemed at the time a silly bit of word play that now, in 2024, seems positively a prefigurement. What it prefigures I will let you decide. But the plot has Satan planning for himself a big Halloween party on Earth on the analogy of the Sweet Sixteen parties that rich Daddies among humans throw for their girls, and that were the subject of a reality television series at the time. Satan's is to take place in the fancy ballroom of a  ritzy Los Angeles hotel.  Some time before the actual party, Satan visits that ballroom with a party planner. The party planner says that "Diddy" had thrown himself a birthday party here recently.  Also, when Satan offers an idea (something like, a big ice cream fountain in one corner of the room) , the pl

A final quote from Whitehead

I today finish my laborious piece-by-piece road through PROCESS AND REALITY with you, dear reader, by my side. Near the end of PROCESS AND REALITY, our author gets systematic about presenting his conception of God.  The underlying idea here is of the physical cosmos and God as partners, not Master and Slave, not Creator and Created, but partners on the dance floor of existence together. That is my way of putting it. Not his,  This is his way of putting it. It is as true to say that God is permanent and the World fluent, as that the World is permanent and God is fluent. It is as true to say that God is one and the World many, as that the World is one and God is many. It is as true to say that, in comparison with the World, God is actual eminently, as it is to say that in comparison with God, the World is actual eminently.  It is as true to say that the World is immanent in God, as that God is immanent in the World.  It is as true to say that God transcends the world, as that the World t

Whitehead and the emergence of consciousness

... what does Whitehead have to say about the emergence of consciousness and its place in a largely hostile cosmos? Still working my way through his masterpiece, Process and Reality.  I'm looking especially at Part III (The Theory of Prehensions), Chapter III, "The Transmission of Feelings,' Section IV, where our man seems to be working this through in real time himself.  "It is evident," he says, "that adversion and aversion ... only have importance in the case of high-grade organisms. They constitute the first step toward intellectual mentality, though in themselves they do not amount to consciousness."  He uses the phrase "adversion and aversion" and sometimes "adversion or aversion" repeatedly, with "adversion" apparently meaning attraction and "aversion" meaning repulsion. The two words suggest reaction to lures, positive or negative.  These "high-grade organisms" approach food and they avoid preda

The US Supreme Court and mifepristone

Court put on a bit of a show over the mifepristone litigation. Or, at least, the oral arguments were so widely and intensely followed it smelled a bit like a Barnum production.  There is much that one might say about this dispute.  But this is the first time you will have seen anything about it in this humble blog, so for today I will just stick to some of the basics.  Mifepristone is part of the standard medicinal protocol for  early-term abortions. Early here means within 70 days of a pregnant woman's last menstrual period. When it was first introduced in the United States the usual term was RU 486, and I am not sure when that more resonant term [it always sounds like a question, to be followed by "well, ARE YOU???"] lost favor. Was RU 486 a brand name?  The percentage of abortions in the US that are medicinal rather than surgical has increased steadily since the approval of mifepristione here at the turn of the millennium. According to the CDC numbers, only 1% of abor

Sabine Hossenfelder: We're Lying to Ourselves about Plastic

I admire those scientists -- I mean actual credentialed working scientists -- who deign to spend a lot of time explaining science to layfolks like me. They are a differentiated bunch. Examples that come to mind are: Neil deGrasse Tyson, Lawrence Krauss, Michael Polanyi, and -- my personal favorite -- Sabine Hossenfelder.  This must be roughly the tenth time she has inspired a post in this humble blog.  Let me introduce her credentials. Hossenfelder has a Ph.D. from Goethe University Frankfurt, for which she wrote a thesis on "Black Hole Relics in Large Extra Dimensions."  That will give a flavor of such of her work as is aimed at peers.  She is also a fellow blogger. In a recent post on one of those blogs she argues that humans have been lying to ourselves about plastic. She thinks that the stuff is building up and may well prove disastrous for us.  To this point she cites the OECD, which says that the use of plastics doubled globally in the period 2000 to 2019.  But, she al

The feel and the sound of a keyboard

 I love physical keyboards.  This is why, for a long time, I stuck with the blackberry.  They had a cleverly designed keyboard that allowed for something of a sense that one was actually ... typing.  Like the old days.  Like in an office in a '40s movie. Click click clickity click.  I'm typing on a keyboard now, as I watch these letters and words come up on the screen of my desktop computer. A lot of people do without them.  People TALK to their computers now. I say bah and humbug to them, though I am without my old blackberry, so I use a virtual keyboard (on an Android system) in that context  I have to live with virtual keyboards for telephones. But for my laptop and desktop, I can stick with the physical sort. Like Snoopy on his doghouse.  And so ends the cranky old man's tirade.