Random thought: I know four people that are married to east Asian women marriage (actually, I’m pretty sure that all the women are Chinese). None of the four women work. I’ve not been under the impression that Chinese/east Asians have particularly conservative views about family, but maybe I’ve been wrong.
Random thought 2: I’ve been thinking more about Amy Chua. If you are someone who agrees with the thesis of her first book – that market-dominating minorities will be more successful and subject to more violent backlash in a more free and more democratic world – then maybe you should be more sympathetic to the notion of tiger parenting. Her kids are Jewish-Chinese, after all. They’re likely to be in the market-dominant minority where ever they live. Maybe she’s just trying to prepare them for the inevitable democratic backlash.
The Atlantic put out a graphic on the 12 types of American “states.”
On patriarchy: “Since patriarchy is rule by family men, you can’t have patriarchy without families. It’s more accurate to think of patriarchy as rule by the male heads of families. In manner of speaking patriarchy is rule by families since it makes family the basic element of society.”
I wrote something about how it must be depressing to be a modern Italian, since you’d have to live among constant reminders of how much better your country used to be. As is usually the case, Don Colacho says it much better: “The fragments of the past that survive embarrass the modern landscape in which they stand out.” (BTW, this one from today is also great).
I jailbroke my iPhone last week. The black market in apps is a pretty cool example of a free market’s ability to create order where there is no order. Cydia is App Store for jailbroken phones. They use established third parties to handle payments. The experience is a bit rougher than Apple’s, but not much rougher.
Arnold Kling on bailout arbitrage. I suspect we’ll see more of this in the future, as the big banks move into a position that is comparable to pre-crisis GSEs.
Tyler Cowen rounds up mistakes of market-oriented economists. I particularly agree with this one: “We know much less about the causes and drivers of economic growth than we like to admit, and when pushed on this issue we fall back to citing relatively simple cases with extreme differences, such as East vs. West Germany.”
Sean Gabb on Egypt (HT: Kalim Kassam)