G.L.Piggy [at] gmail.com
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1. Steve Sailer points back to an article in the L.A. Times about the lack of Spanish-language bookstores in L.A. This fits my post from the other day that Hispanics don’t place much emphasis on reading which is one explanation for why there aren’t a lot of Hispanic characters in adult or children’s literature. It’s also why Laredo, Texas went almost a year without a single bookstore.
2. Simon Grey on the myth of the benevolent banker. It’s a response to the hero Scott Sumner’s anti-Austrian argument on monetary stimulus.
5. New bill being proposed that garnishes wages for unpaid student debt. Upside: numerous, scattered bills from different bureaucracies being grouped in one place. Downside: since the proposal ties payments to income levels, lower-income people will seek work with low wages/high cash payments i.e. waiting tables, drug dealing, etc.
6. Matt Yglesias notes that while housing starts have increased quite dramatically, construction employment has stagnated. Something is off there.
7. Rod Dreher moderates between the left and the right on the decadence of modern society. He also cites Jacques Barzun’s definition of decadence which is a word that has been focused on too much in the discussion of Ross Douthat’s OP. For reasons Dreher lays out, individuals have chosen to forgo marriage and procreation. Does that make each individual decadent? Probably not. But millions of individuals avoiding marriage and families adds up to a decadent culture. This sounds like a mathematical paradox. It is difficult to criticize an individual who doesn’t think they’re in a position to have kids or doesn’t want to make the sacrifice to have kids, but it’s less difficult to be critical of (or concerned about) a society that has undergone a huge shift in that same direction.
8. Heartiste tweets a video from D.C. NSFW.