Category Archives: Non-fiction

March meeting report

April meeting: April 11th sorry 12th (Wednesday) at 15:15 as usual. We will read the beginning of “The Road to Surfdom” and chapter 4 of “How an Economy Grows and how it Crashes”.

(The Road to Surfdom is a simplification of the ideas in Friedrich Hayek’s classic, “The Road to Serfdom.”  Here’s a short video that introduces the book’s key ideas: https://www.youtube.com/watch?v=ONATaFzi82I   )

We read “The Tuttle Twins and the Miraculous Pencil” and discussed some  key economic terms. Have you already read the book? Be sure to read the original essay or watch the video! http://tuttletwins.com/pencilvideo/

Rapeseed oil (also called Canola) was mentioned. Where does the name come  from? Wikipedia tells us: “The name derives from the Latin for turnip, rāpa or rāpum, and is first recorded in English at the end of the 14th century”.

Here are the key concepts from the book:

central planning: control and regulation of the masses by a limited number of people using government to enforce their decisions and alter the behavior of other individuals.

Competition: multiple producers or service providers trying to attract more customers by lowering their price, improving their product or service, or otherwise setting themselves apart.

Economy: a network of individuals who produce, distribute, and use goods and services.

Division of labour: a production process involving many different people, each of whom specializes in and works on a different task, thereby collaborating to do something greater than any one of them could do alone.

Spontaneous order: when social harmony and market efficiency  are achieved through the independent decisions of countless individuals, each guided by their own desires and self-interest.

 

February Meeting Report

Today’s session

We  finished reading and discussing chapter 3. There was much discussion about political decisions regarding financial matters, and the government’s ability to create money out of thin air and to limitlessly increase debt or deficit spending.

As I did not have copies of chpater 4 with me, I provided copies of a non-fiction book for children about the division of labour. It is based on a famous essay by Leonard Read called “I, Pencil”.  The original essay is available online at the Foundation for Economic Education (FEE) here: http://bit.ly/2k1Yvo3

Our March session will be held on March 8th. We will read the story about the MIraculous Pencil, then continue with chapter 4 (I will bring copies).

August meeting

Next meeting:

October 1st. We will discuss Part II, chapter 15. (No meeting in September.)

August meeting:

Today, we discussed Part I, chapters 17-19. One of the ideas we discussed was that of “maya” meaning illusion, or false perception of reality. What I was trying to convey is best expressed by these quotations (actually from Sikh gurus):

  • In the darkness of māyā, I mistook the rope for the snake, but that is over, and now I dwell in the eternal home of the Lord.
  • You are squandering this life uselessly in the love of māyā.

Here’s Jim Morrison’s famous song: “Come on, baby, light my fire” by the Doors. The Doors are considered one of the most representative bands of the 1960s. From Wikipedia:

The Doors were an American rock band formed in 1965 in Los Angeles, with vocalist Jim Morrison, keyboardist Ray Manzarek, drummer John Densmore and guitarist Robby Krieger. The band took its name from the title of Aldous Huxley‘s book The Doors of Perception,which itself was a reference to a William Blake quotation, from his famous work The Marriage of Heaven and Hell.… They were among the most controversial, influential and unique rock acts of the 1960s and beyond, mostly because of Morrison’s wild, poetic lyrics and charismatic but unpredictable stage persona. After Morrison’s death in 1971, the remaining members continued as a trio until finally disbanding in 1973.

Although the Doors’ active career ended in 1973, their popularity has persisted. According to the RIAA, they have sold 36.6 million certified units in the US[6] and over 100 million records worldwide, making them one of the best-selling bands of all time.  The Doors has been listed as one of the greatest artists of all time by many magazines…

The band, their work, and Morrison’s celebrity continue to be considered inexorably embedded within the larger counterculture of the 1960s

Morrison died in Paris, France, in 1971, of heart failure, probably brought on by excessive drinking and drug-taking. He was buried in Poet’s Corner of the famous cemetery Pere Lachaise. He was 27.

His grave is marked with the following inscription:  “ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ”, literally meaning “According to his own daimōn” and usually interpreted as “True to his own spirit”. This sounds similar to Polonius’ advice,  “To thine own self be true”. Do you think he was?

httpv://www.youtube.com/watch?v=6O6x_m4zvFs

You know that it would be untrue
You know that I would be a liar
If I was to say to you
Girl, we couldn’t get much higher

Come on baby, light my fire
Come on baby, light my fire
Try to set the night on fire

The time to hesitate is through
No time to wallow in the mire
Try now we can only lose
And our love become a funeral pyre

Come on baby, light my fire
Come on baby, light my fire
Try to set the night on fire, yeah

The time to hesitate is through
No time to wallow in the mire
Try now we can only lose
And our love become a funeral pyre

Come on baby, light my fire
Come on baby, light my fire
Try to set the night on fire, yeah

You know that it would be untrue
You know that I would be a liar
If I was to say to you
Girl, we couldn’t get much higher

Come on baby, light my fire
Come on baby, light my fire
Try to set the night on fire
Try to set the night on fire
Try to set the night on fire
Try to set the night on fire

 

Session #19 December 2nd, 2009: The Age of Innocence (follow up)

240pxpx
Image via Wikipedia

Thanks to everyone who attended today.

A few follow-up points:

  1. Speaking of economics, I mentioned Paul Volcker as head of the Federal Reserve before Bernanke. This was not quite correct. He WAS head of the Federal Reserve… but before Greenspan. He was later head of the New York Federal Reserve Bank, and most recently was chosen as a key member of Obama’s economic advisory team.
  2. Amazon Japan cannot find Japanese translations of Peter Schiff‘s book Crashproof (and the latest edition, called Crashproof 2.0), but here are a list of websites in Japanese that came up in a google search on ピーター・シッフ:
    1. ピーターシッフ

    2. ピーターシフ – Wikipedia

    3. もんどセレクト: ピーターシフ講演(@オーストリア学派年次学会

    4. 地政学を英国で学ぶ : ピーターシフは正しかった

    5. ピーターシフ金価格に- ForexForum.GR

  3. Henry Hazlitt’s book Economics in One Lesson is also unfortunately not in Japanese (?). You can buy it from Amazon or download the PDF file for free from the Wikipedia entry on Hazlitt. Here’s a small blog entry in Japanese I found about Hazlitt.  And here is another Japanese website on Hazlitt: it lists the books in Hazlitt’s list which he called “The Free Man’s Library”, i.e. books that a person interested in freedom should read.
Reblog this post [with Zemanta]

A reply to comments コメントに応じます

Yamagata Aritomo
Image via Wikipedia

皆さん、コメントはありがとうございました。

最近だけ気がづいたけど:-) 現代に起きてる現実を理解したいならば、新聞だけを読のだら無理です。経済の先生は経済についてこう書いた:

新聞やテレビを見れば、今の不況に対してどうすれば良いか分かりません。ある評論家によってこれからインフレの恐れがあるが、違う評論家によってデフレの恐れがある。どちらが正しいでしょうか、分からなくて、対策を決められないのです。経済の本を読まなくては。経済を勉強しなくては。裁判員はなぜ導入されたか。新聞やテレビを見るだけでは理解できません。歴史を勉強したらいろいろ分かるようになりますね。

同じように、最近戦況が行った。私がよく読むブログにはこう書いてありました: “introducing political leadership into the budgeting process” and “budget is the key to regime change”. しかし、なぜ予算はそんなに大事かは分かりませんでした。当然大事だけど、政権交代と予算の関係はなにか、よくわかりません。そして昨日そのブログに次のを読みました:

For more on the possibilities of genuine administrative reform, I recommend this essay by Karel van Wolferen, who is aware of the obstacles facing the DPJ without dismissing the possibility that the DPJ will succeed. I particularly like this sentence: “But my impression is that the individuals of the inner core of the party are deadly serious about what must be done to turn their country into what one of them, the most senior and most experienced Ozawa Ichiro, has in his writing called a ‘normal country’.” Exactly so. The DPJ means what it said during the campaign, and is taking the first steps towards a new system of governance.

Karel van Wolferen って誰?えええ!知らないのか?知らない人はWikipedia 又はウイキペディアまで。90年代にかれが書いた本 The Enigma of Japanese Power 日本 権力構造の謎 が結構有名になりました。

Karel van Wolferen が書いたessay はどういう内容か?What Can the DPJ’s Overwhelming Victory Mean for Japan? 気になった部分は次です:

The significance of yesterday’s Japanese election results goes beyond a relatively new and untried political party ending half a century of rule by a competing party; if the new leaders turn out to be true leaders and are allowed to carry out their declared intentions, this will fundamentally change the Japanese power system… with few exceptions the elected officials …  have played a mostly marginal role, as powerbrokers at best. We can actually single out an architect who set it up this way just before the turn of the century before last: Yamagata Aritomo. … this remarkable man … created Japan’s modern bureaucracy along with its early 20th-century military establishment.

そして2001年にカレル・ヴァン・ウォルフレンが書いた論文は?Yamagata Aritomo  山縣有朋 についてです。

What better opportunity than the election of aspirant supervisors of Japanese bureaucratic power to bring to the attention of the world a neglected Japanese figure who established that power and ought to be remembered, along with Bismarck, Lenin, Mao, and the two Roosevelts, as one of the creators of twentieth century political reality.
His name, Yamagata Aritomo, may only register with those who have read Japanese history. Even in Japanese minds he may not be more than a shadow, dwarfed by Ito Hirobumi among the Meiji Period architects of Japanese modernization. But he deserves to be known as the creator of what in essence has remained Japan’s political system. In the end, what the world has been learning to think of as Japan’s lack of political will, should be blamed on Yamagata. His legacy endures in a more immediate sense today than, say, Bismarck’s legacy does in Germany.

今まではあまり政治に興味がなくて、日本の政権と政治家はイギリスのと大きな違いがないだろう、と単純に思ってた。しかし、ヴァン・ウォルフレンによってそれは大間違いだそうです。やはり歴史勉強しないと現在は分かりません。新聞だけを読んだらこういうことについて詳しくなるけど。いかがでしょうか?

Reblog this post [with Zemanta]

Session #13: September 2nd, 2009 – lay judges 裁判員 and the jury system

A scan of the Magna Carta, signed by John of E...
Image via Wikipedia

UPDATE (2009.09.03.08:20): Thank you to everyone who participated today. Today’s session was about lay judges, a new system introduced into the Japanese courts. We read this article about it , Courting Controversy in Japan, by David Murakami Wood, in the Guardian newspaper, Wednesday August 5th, 2009. We then discussed the origins and purposes of the jury system. This involved learning something about Magna Carta. I feel very grateful to the people who made Magna Carta and forced King John to sign it. The jury system was intended to be a legal protection against the almost limitless powers of the king: Magna Carta states that the king may not punish any freeman except by the consent of his (the freeman’s) peers. The peers does not mean the peerage (the aristrocracy), but “the people”, as opposed to the king or the ruling class. It put a limit on the king’s power.

Before reading the article, I introduced a book about the financial crisis: Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout Will Make Things Worse and its Japanese translation メルトダウン 金融溶解 The foreword to the book was written by US Senator Ron Paul. Ron Paul has written his own book on the subject of the Federal Reserve: End the Fed. You can read chapter 2 of this book for free on the Mises Institute website (Ludwig von Mises was one of the most important Austrian economists. Read about him in Japanese here). The libertarian website Lew Rockwell.com has announced that Ron Paul’s book “End the Fed is now #4 in non-fiction on Amazon, and #17 overall. End the Fed!

During August, our Reading Group had no meetings. But that does not mean that members were not busy. Some of them read Atlas Shrugged (some in English, some in Japanese 肩をすくめるアトラス). One member read Emma (Jane Austen‘s classic Pride and Prejudice , or in Japanese 自負と偏見, was the subject of an earlier reading course, and we read the beginning of Emma, or エマ in our first session). She also read City of Glass (in Japanese シティ・オヴ・グラス ) by Paul Auster. (Here is a website in Japanese about the story: シティ・オヴ・グラス.)

The first session after the holidays.  To make a change from reading fiction, I have chosen a newspaper article about the new system of lay judges adopted in Japanese courts this year.

The article is Courting Controversy in Japan, by David Murakami Wood, in the Guardian newspaper, Wednesday August 5th, 2009.

As well as discussing this article, we will be looking at the history of the jury system: when and why it was established.  To prepare for this, read about Magna Carta (in Japanese here), especially about rights still in force today.

UPDATE: Here is the original Latin from Magna Carta which relates to trial by jury. “Nullus liber homo capiatur, vel imprisonetur, aut disseisetur, aut utlagetur, aut exuletur, aut aliquo modo destruatur; nec super eum ibimus, nec super eum mittemus, nisi per legale judicium parium suorum, vel per legem terrae.” According to Lysander Spooner, in his “Essay on the Trial by Jury” (1852),

The most common translation of these words, at the present day, is as follows: “No freeman shall be arrested, or imprisoned, or deprived, or outlawed, or exiled, or in any manner destroyed, nor will we (the king) pass upon him, nor condemn him, unless by the judgment of his peers, or the law of the land.”

As I mentioned during the session, the “law of the land” was also called “Common Law”, and it was different from laws created by the king. In other words, the Common Law is law independent of the king. At the time (the Middle Ages), kings had to promise to protect and respect the Common Law, although many of them did not (and King John was one of the worst in this regard, and the result was the barons opposed him).

Lysander Spooner, in his essay on trial by jury, examines the exact words of the Magna Carta, and other charters of that time, and argues that the purpose of the jury was originally not only to decide guilt or innocence, but also to decide whether the law was just or not. In other words, the purpose of trial by jury is to check and limit the power of the king to do exactly whatever he wants. Spooner gives evidence that King John was extremely angry about the contents of Magna Carta and at first refused to sign it. He even appealed to the Pope, and the Pope replied with sympathy. Spooner writes that this shows that both King John and the Pope understood that the Magna Carta was taking away a very great power from the king: it was not only about deciding guilt or innocence, but it gave the jury the power to express their judgment of the law itself. Obviously, if only the king can make laws but if the jury can decide whether the law is fair or not and refuse to punish anyone who is accused under an unfair law, then this gives the people a very great protection against the abuse of power that any king might make. It is protection for the people against the king, or government, or state.

This history lesson teaches us much about the purpose and meaning of trial by jury, and also throws some light onto the lay-judge system created in Japan recently.

I will also bring an article about the recent elections, to show the point of view from the British media.

UPDATE: In fact, we did not have time to discuss this.  I have a list of links to articles in the British press about the election at my other blog Searching for Accurate Maps. A Japanese comedy troupe called The Newspaper has created a comedy skit showing Hatoyama choosing his new cabinet ministers. Watch the video here.

TOKYO - AUGUST 11:  Yukio Hatoyama, President ...
Image by Getty Images via Daylife
Reblog this post [with Zemanta]