Edward Snowden misspoke on a secret American spy base located in Auckland

Edward Snowden made a last-minute intervention in the recent New Zealand election to claim that there is a secret American spy base located in Auckland. I have persistently asked on Twitter where it is so I can look it up on Google maps Street.

Today, Bryce Edwards revealed in a reply to one of my tweets that Edward Snowden got mixed up. It is yet to be revealed where this secret spy base really is so I can still look it up on Google Maps Street view.

If there is a secret spy base anywhere in New Zealand, I’m sure the neighbours would have noticed and lodged objections to the resource consent for the planning permission because of all the cell towers.

The GCSB’s Waihopai spy station pictured above which was built decades ago in rural New Zealand is decidedly conspicuous.

 

What influence did Milton Friedman have on 1980s and 1990s Australian monetary policy?

The Hayek and Friedman Monday conferences on the ABC in 1976 and 1975 are still ruling the Australian policy roost, if some of the Left over Left in Australia are to be believed. Milton Friedman is said to have mesmerised several countries with a flying visit with his Svengali powers of persuasion.

When working at the next desk to a monetary policy section in the Australian Prime Minister’s Department in the late 1980s, I heard not a word of Friedman’s Svengali influence:

• The market determined interest rates, not the Reserve Bank was the mantra for several years. Joan Robinson would have been proud that her 1975 Monday conference was still holding the reins.

• Monetary policy was targeting the current account. Read Edwards’ biography of Keating and his extracts from very Keynesian Treasury briefings to Keating signed by David Morgan that reminded me of Keynesian macro101.

When as a commentator on a Treasury seminar paper in 1986, Peter Boxhall – fresh from the US and 1970s Chicago educated – suggested using monetary policy to reduce the inflation rate quickly to zero, David Morgan and Chris Higgins almost fell off their chairs. They had never heard of such radical ideas.

In their breathless protestations, neither were sufficiently in-tune with their Keynesian educations to remember the role of sticky wages or even the need for the monetary growth reductions to be gradual and, more importantly, credible as per Milton Freidman and as per Tom Sargent’s end of 4 big and two moderate inflations papers in the early 1980s.

I was far too junior to point to this gap in their analytical memories about the role of sticky wages, and I was having far too much fun watching the intellectual cream of Treasury senior management in full flight. (I read Friedman & Sargent much later).

Fact check: conspiracy theories aren’t just for conservatives

Respondents were asked whether they agreed with four statements:

  • “Much of our lives are being controlled by plots hatched in secret places,”
  • “Even though we live in a democracy, a few people will always run things anyway,”
  • “The people who really ‘run’ the country are not known to the voters.”
  • “Big events like wars, the current recession, and the outcomes of elections are controlled by small groups of people who are working in secret against the rest of us.”

Source: monkey cage

American conservatives distrust science in part because they identify it with the regulatory state. When science means nuclear weapons, innovation and winning the space race, conservatives love it.  When they associate science with the EPA, regulation, and global institutions, they hate it.

Just as climate science is unpalatable for the Right, the Left is uncomfortable with, for example, genetic modification and nuclear power. Research into risks and benefits of these technologies are met with suspicion by the Left.

I find it bizarre the right wing politics is considered more conspiratorial than the left wing – a left-wing that is currently obsessed with the comings and goings of the top 1%.

A gentleman by the name of Karl Marx had a conspiracy theory of history, that the bosses were conspiring against the workers, there is a ruling class pulling the strings from behind the scenes, and there is an inherent inequality of bargaining power between workers and employers because the bosses plot to keep wages down.

It should be mentioned in this connection that Karl Marx himself was one of the first to emphasize the importance, for the social sciences, of these unintended consequences.

In his more mature utterances, he says that we are all caught in the net of the social system. The capitalist is not a demoniac conspirator, but a man who is forced by circumstances to act as he does; he is no more responsible for the state of affairs than is the proletarian.

This view of Marx’s has been abandoned – perhaps for propagandist reasons, perhaps because people did not understand it – and a Vulgar Marxist Conspiracy theory has very largely replaced it. It is a come-down – the come-down from Marx to Goebbels.

But it is clear that the adoption of the conspiracy theory can hardly be avoided by those who believe that they know how to make heaven on earth. The only explanation for their failure to produce this heaven is the malevolence of the devil who has a vested interest in hell.

Karl Popper

Don’t let me start on how the Left over Left goes on about neoliberal conspiracy with Hayek and Friedman ruling the roost through the truly obscure Mont Pelerin Society.

bookjacketCover: The Road from Mont Pèlerin in HARDCOVER

The IMF, World Trade Organisation and trade negotiations are riddled with conspiracies if I am to believe my friends in the  Left over Left.

Mention multinational corporations to a member of the Left of good standing and conspiracy theories pour fourth.

It would be unfair to bring up GMOs to remind the left of how anti-science it is. Don’t kick people when they’re down. The whole point of the precautionary principle is to allow the Left to reject good science.

At bottom, what call the barricades works if it’s not sexed-up with a conspiracy theory?

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