Month: March 2024

If Standards of Merit Are Too Narrow, the Solution Is to Improve Them, Not to Reject Merit

(p. A17) In recent decades, . . ., it has become clear that the definition of merit reflected in quantitative standards was too narrow and created new forms of exclusion. This has led some thinkers to reject the idea of merit and view it as an affront to individual equality and social solidarity.

This overreaction is wrong in theory and damaging in practice. Whenever the ability to do a task well matters, so does merit. Our current challenge is not to discard merit, but rather to understand it better—and use this new understanding to extend opportunities to all who can take advantage of it.

For the full commentary, see:

William A. Galston. “POLITICS & IDEAS; Merit Means More Than Grades and Tests.” The Wall Street Journal (Wednesday, July 26, 2023): A17.

(Note: ellipsis added.)

(Note: the online version of the commentary has the date July 25, 2023, and has the same title as the print version.)

Super Agers “Have a Purpose”

I have personally benefitted from Vernon Smith’s longevity, since he graciously wrote two drafts of a positive blurb for my Openness to Creative Destruction book.

(p. A5) Vernon L. Smith, 97, is a very busy man.

The economist at Chapman University just finished writing a book about Adam Smith and works about eight hours a day, seven days a week in his home office in Colorado Springs, Colo. He enjoys chatting with friends on Facebook and attending concerts with his daughter.

“I still have a lot of stuff to do. I want to keep at it,” said Smith, who won the Nobel Prize in economics in 2002.

. . .

(p. A10) Researchers studying “super agers,” people over 80 who have mental faculties of people decades younger, said strong social relationships are important for keeping brains sharp.

The same is true for people who live beyond 100, said Stacy Andersen, a behavioral neuroscientist at Boston University and co-director of the New England Centenarian Study.

“They have a purpose. They have things they want to go out and do every day,” Andersen said.

Smith says his work and his family keep him motivated and driven.

“I want to go to at least 106,” he said.

For the full story, see:

Dominique Mosbergen. “Several Factors Help Ward Off Mental Decline.” The Wall Street Journal (Friday, Feb. 16, 2024): A5.

(Note: ellipsis and bracketed year added.)

(Note: the online version of the story was updated Feb. 15, 2024, and has the title “How to Stay Mentally Sharp Into Your 80s and Beyond.” The last sentence quoted above appears in the online, but not in the print, version of the article.)

My book mentioned above is:

Diamond, Arthur M., Jr. Openness to Creative Destruction: Sustaining Innovative Dynamism. New York: Oxford University Press, 2019.

FDA Delays Apple Offering Consumers Quick and Convenient Blood Pressure Readings

Doesn’t the FDA do harm by requiring that Apple watch blood pressure monitor be equal in accuracy to a standard clinical blood pressure monitor? Many people will not take the time and effort to get frequent readings from a standard blood pressure monitor in a clinic. But many of them would check their blood pressure conveniently on their watch. Isn’t a less accurate reading better than no reading at all?

(p. A1) Apple’s widening effort to turn its nine-year-old watch from a luxury timepiece into the ultimate all-in-one medical device is taking it into territory that is legally treacherous as well as potentially profitable.

. . .

(p. A2) “The studies that we’ve seen are not yet reassuring that they’re ready for prime time or for clinical use,” said Jordana Cohen, associate professor of medicine and epidemiology at the University of Pennsylvania.

To secure Food and Drug Administration clearance for selling a blood-pressure monitor, companies must demonstrate through the FDA’s 510(k) process that their device’s accuracy is comparable to an existing, already cleared device, she added.

Similarly, tracking glucose through noninvasive skin sensors is generally less precise than direct blood analysis, with factors such as skin tone and temperature affecting accuracy.

For the full story, see:

Dalvin Brown and Aaron Tilley. “Tech and Legal Hurdles Hinder Apple’s Quest for Medical Watch.” The Wall Street Journal (Friday, Dec. 29, 2023): A1-A2.

(Note: ellipsis added.)

(Note: the online version of the story has the date December 28, 2023, and has the title “Apple Keeps Chasing the Ultimate Health-Tracking Watch—but It Could Take Years.”)

Outnumbered Kibbutz Volunteers with M16 Rifles Defended Their Families Against Hamas Terror

(p. A1) At 6:56 a.m. on Oct. 7, [2023] Moshe Kaplan sent an urgent alert to his volunteer security force in Mefalsim, a kibbutz of 1,000 men, women and children in southern Israel where he served as security chief.

“There’s a shooting in the village from the gate!” he texted after militants fired at his car as he drove past the main entrance. Attackers later blew open a pedestrian gate nearby with explosives and flooded into the kibbutz.

Kaplan rushed home to grab his armored vest, helmet and M16 rifle, then drove off to check another gate on the northwest corner. There he found armed men were already inside the razor-wire security fence that encircled the community.

“Terrorists in the kibbutz! Terrorists in the kibbutz!” he yelled in a second, panicked voice text, begging his men to hurry. Gunshots sounded in the background. He had trained a dozen men for this moment, a surprise attack from nearby Gaza.

. . .

(p. A10) Mefalsim was one place that day where nothing for the Hamas attackers went according to plan.

Soon after Kaplan’s call for help, his volunteers rushed from their homes in helmets and protective vests worn over the T-shirts they had slept in, toting M16 rifles. Outnumbered and fighting alone or in pairs, the men mounted a life-or-death stand, communicating via walkie-talkie and WhatsApp texts to track the militants and send each other help.

They believed they had to hold off the insurgents long enough for the Israeli army to arrive. At first, they hoped the soldiers would be there quickly. But as minutes passed, and the fighting grew worse, they realized they would have to fight alone.

. . .

Palestinian gunmen who flooded out of Gaza killed 1,400 Israelis and took close to 200 hostages, terrorizing and shooting people at more than 20 Israeli towns and military bases and thousands at an all-night music festival not far from Mefalsim.

In town after town, attackers blasted through security fences that encircled Israeli villages near Gaza, gunning down residents, burning houses with families inside and taking hostages.

. . .

Video from a security camera at the main gate of Mefalsim captured some of the carnage that took place outside the main gate of the kibbutz as people fled the outdoor music festival and tried desperately to get inside, pursued by militants. A man in a white shirt was shot as he ran toward the entrance. He grabbed his right arm and dropped to the pavement, blood spilling from around his head.

Armed fighters emerged from a wooded area minutes later. Several ran to the fallen man and shot him again. Drivers who abandoned cars to hide in the bushes were attacked with grenades. A person pulled from the bushes was shot and bludgeoned with a rifle butt. The video was posted by South First Responders, a group of emergency personnel working in southern Israel, and verified by The Wall Street Journal.

. . .

Over the next hour, there were several gunfights. Security volunteers hunted for the militants who were moving alone and in pairs on residential streets. Two attackers were killed in the garden of a house by four Israeli soldiers who were home on a weekend leave. Two of the soldiers suffered minor wounds from grenade fragments.

Reskin, the landscape architect, came within sight of the main gate and saw a large group of attackers exchanging what looked like congratulations. He fired and they scattered. He next went into a nearby residential neighborhood and joined Idan Mayrovich, the team’s medic. As they walked, they saw Idan Kadosh, a resident, shooting with a handgun from his window, and he joined their patrol.

. . .

No Mefalsim residents were killed or taken hostage, protected by a dozen residents, many of them former Israeli soldiers, who had prepared for years to defend the kibbutz.

Mefalsim also got lucky. Although the defenders didn’t know exactly how many attackers infiltrated the kibbutz, they estimated it was probably around 25 to 30, a group smaller than those that attacked other local communities, which suffered far more casualties.

. . .

“There is a feeling of discomfort that we survived, and others did not,” security chief Kaplan said.

But Mefalsim, at least, had survived.

For the full story, see:

David S. Cloud and Anat Peled. “A Kibbutz Defeated Hamas Attack.” The Wall Street Journal (Wednesday, Oct. 18, 2023): A1 & A10.

(Note: ellipses and bracketed year added.)

(Note: the online version of the story has the date October 17, 2023, and has the title “When Hamas Attacked, This Israeli Kibbutz Fought Back and Won.”)

“Discrimination on the Basis of Race, Which DEI Does, Is Literally the Definition of Racism”

(p. B1) Ackman and Musk, two billionaires with wide followings on X, which Musk owns, have . . . taken up the fight against DEI, giving it a bigger platform.

“Discrimination on the basis of race, which DEI does, is literally the definition of racism,” Musk posted in January [2024].

. . .

Ackman has frequently focused on DEI in the context of college campuses, where he says such initiatives foment antisemitism.

For the full story, see:

Tali Arbel. “Diversity Groups Urge Ackman, Musk Pushback.” The Wall Street Journal (Thursday, February 8, 2024): B1 & B10.

(Note: ellipses and bracketed date added.)

(Note: the online version of the story was updated Feb. 7, 2024, and has the title “The Case Against Ackman and Musk’s Anti-DEI Stance.”)

Modern Law Tries to Rule Out Error and Accident at the Expense of Individual Freedom

(p. C9) Philip K. Howard’s “Everyday Freedom: Designing the Framework for a Flourishing Society” is a slim book propounding a colossal, sometimes unwieldy, thesis. Beginning in the 1960s, Mr. Howard argues, American law was transformed from a system designed to guard individual freedom and accountability into one in which bad outcomes are impossible. Modern law, he writes, is “an elaborate precautionary system aimed at precluding human error. Anything that goes wrong, any accident or disappointment, any disagreement, potentially requires a legal solution. Instead of charging officials to do what’s sensible, modern law presumes that the gravest risk is to leave room for judgment of people in positions of authority.”

The consequence, he observes, is a society of people who feel they can’t make decisions without thick rule books explaining best practices and legal protections if their decision turns out badly.

For the full review, see:

Barton Swaim. “Bring Back the Smoke-Filled Rooms.” The Wall Street Journal (Saturday, March 2, 2024): C9.

(Note: the online version of the review has the date March 1, 2024, and has the title “Politics: ‘The Primary Solution’ by Nick Troiano Plus ‘Everyday Freedom’ by Philip K. Howard.”)

The book under review above is:

Howard, Philip K. Everyday Freedom: Designing the Framework for a Flourishing Society. Garden City, NY: Rodin Books, 2024.

Akio Toyoda Had the Courage to Predict the Current EV Debacle

On Nov. 25, 2022, I ran a blog entry that reported on the severe criticism that then-Toyota-President Akio Toyoda [sic] was receiving for his skepticism that charging infrastructure and consumer preferences were ready for an immediate full switch to electric vehicles. Because he had the courage to keep Toyota focused on hybrids, consumers now have more of what they need and want. As a result Toyota prospers. In a capitalist system, firms run by executives with foresight and courage receive their just reward.

(p. B1) TOKYO—Gasoline-electric vehicles are flying off dealer lots in the U.S. and generating a windfall for the reigning hegemon of hybrids, Toyota Motor.

Toyota on Tuesday [February 6, 2024] forecast a record $30.3 billion net profit for the fiscal year ending March thanks to higher sales of hybrid vehicles in all of its major markets. The results sent Toyota shares up 4.8% in Tokyo to close at a record high.

Hybrid sales grew last year at a faster clip than sales for pure electric vehicles in the U.S. and some other markets. Signs have emerged that the EV push might have gotten ahead of U.S. consumers who are worried about charging problems and higher prices. That has steered them toward less expensive hybrids, which can be filled up with gasoline.

Automakers that had been rushing to pivot toward full EVs are now reconsidering. General Motors said last week it would introduce some plug-in hybrid models in North America after facing pressure from dealers. Ford Motor said last year it would seek to quadruple its hybrid sales in the next five years.

For the full story, see:

River Davis. “Toyota Is Cashing In As Hybrid Sales Boom.” The Wall Street Journal (Wednesday, February 7, 2024): B1-B2.

(Note: bracketed date added.)

(Note: the online version of the story has the date February 6, 2024, and has the title “Toyota Cashes In on Booming Hybrid Sales.”)

China-Born Dissidents Supported Trump for His “Willingness to Confront Beijing”

(p. A18) Many who fled abroad after being detained in China for their political activism have been won over by President Trump’s willingness to confront Beijing.

. . .

Fewer than one-quarter of Chinese-Americans voted for Mr. Trump in the 2016 presidential election, according to a study by the Asian American Legal Defense and Education Fund.

But many mainland-China-born exiles are different. Teng Biao, a prominent U.S.-based Chinese lawyer and a critic of Mr. Trump, draws parallels to Cuban exiles, who aren’t so much pro-Trump as they are anti-communist.

For the full story, see:

Sha Hua. “Chinese Dissidents Back Trump Claims.” The Wall Street Journal (Thursday, Nov. 23, 2020 [sic]): A18.

(Note: ellipsis added.)

(Note: the online version of the story has the date November 22, 2020 [sic], and has the title “Chinese Dissidents Back Trump’s Claims of Election Fraud.”)

Firms Develop Technology to Capture, Liquify, Transport, and Sequester CO2 into “Depleted Offshore Oil-and-Gas Wells”

(p. B4) ATHENS—Ship operators have a radical idea for industrial companies that are searching for ways to dispose of carbon emissions: Take the captured CO2 out to sea and bury it deep under the ocean floor.

But first, supercool the carbon emissions to temperatures so low that they become a liquid.

HD Hyundai Heavy Industries, the world’s largest shipyard, and Greece-based shipowner Capital Product Partners have designed a specialized vessel to carry liquefied CO2. They envision such ships transporting their cargo to depleted offshore oil-and-gas wells, where it would be pumped in and entombed for permanent storage. Capital Product Partners signed a deal for four such ships, to be delivered in 2025 and 2026, that together cost more than $300 million.

“Ships move everything from oil to our furniture, clothes and toothpaste. Now they’ll move our emissions, which is in effect waste management,” said Jerry Kalogiratos, chief executive of U.S.-listed Capital Product Partners, which operates more than 100 cargo vessels.

. . .

“The wells are sealed with a fast drying mix of concrete and sand. If there is a leak inland the gas could end up back in the atmosphere, but there is no conclusive research about what will happen if it escapes in the water,” said Fotis Pagoulatos, a naval engineer in Athens. “The consensus for now is that pollution risk at sea from leaked CO2 is low.”

. . .

While no contracts have been signed, Kalogiratos said Capital Product Partners is in talks with a number of European emitters as well as big energy companies in Japan and South Korea.

For the full story, see:

Costas Paris. “Ship Operators Offer to Bury Emissions.” The Wall Street Journal (Thursday, February 1, 2024): B4.

(Note: ellipses added.)

(Note: the online version of the story has the date January 31, 2024, and has the title “A New Solution for CO2 Emissions: Bury Them at Sea.” The online version of the article says that the title of the print version is “Ship Operators Offer to Bury Emissions” but my copy of the print version has the title “Ship Operators Offer to Bury Emissions at Sea.”)