Salt May NOT Be Bad for Our Health, After All

(p. A7) An influential government panel said there is no evidence that very low-salt diets prevent heart disease, calling into question current national dietary guidelines on sodium intake.
The Institute of Medicine, in a report released Tuesday [May 14, 2013], said there isn’t sufficient evidence that cutting sodium intake below 2,300 milligrams per day cuts the risk of heart disease. The group of medical experts also said there is no evidence that people who already have heart disease or diabetes should cut their sodium intake even lower.

For the full story, see:
JENNIFER CORBETT DOOREN. “U.S. NEWS; Low-Salt Benefits Questioned.” The Wall Street Journal (Weds., May 15, 2013): A7.
(Note: bracketed date added.)
(Note: the online version of the story has the date May 14, 2013.)

For a summary of the Institute of Medicine report, see:
Institute of Medicine of the National Academies. “Sodium Intake in Populations: Assessment of Evidence.” Report Brief. Washington, D.C.: National Academy of Sciences, 2013.

Urban Planners Made La Défense an Architectural Statement, But a Terrible Place to Live

LaDefenseFrenchPlannedBusinessHubb2013-08-04.jpg “La Défense can feel like a ghost town after 5 p.m. and on weekends, once the district’s office workers have left.” Source of caption and photo: online version of the NYT article quoted and cited below.

(p. B1) . . . La Défense, begun during the presidency of Charles de Gaulle in the late 1950s and built just west of Paris by bulldozing slums and paving over farmland, has always worked better in architectural theory than in anthropological practice.

Rather than the Parisian business hub its founders described, it often seems more like the isolated end of a spoke that has highlighted a crucial flaw in urban planning — a concern with making architectural statements — rather than an affinity for the people in and around the buildings.
When non-French planning experts assess La Défense, they say it shares the same problems as the Canary Wharf complex in London, where developers have tried to supplant the City with Big Architecture and whose artificial origins may be hard to overcome. The experts look more favorably on the somewhat organic mix of (p. B6) business and residential of Lower Manhattan, which has evolved over the last century.
“La Défense has always suffered from a creative hypothermia,” said Wojciech Czaja, an Austrian architecture critic. “It is a sad area because it is atmospherically and emotionally perceived as a business district only.”
The public agency that manages the complex has hired an architectural firm to draft a new master plan in hopes of making the grandiose vision for La Défense a livable reality.
. . .
“There is nothing good about living here,” said Carlin Pierre, 54, who works at a waste disposal center in the district and resides in one of the Brutalist communal, rent-subsidized housing blocks tucked amid the high-rise office buildings. “Sure, it’s a nice area to come as a tourist, or even to work,” Mr. Pierre said, “but it’s terrible to live in La Défense.”

For the full story, see:
GEORGI KANTCHEV. “Plan Aims to Enliven Paris’s Financial District, Long Called Soulless.” The New York Times (Tues., July 30, 2013): B1-B2.
(Note: ellipses added.)
(Note: the online version of the story has the date July 30, 2013.)

Dubai Has Strong Ruling Clan, But Weak Institutions

DubaiBK2013-08-12.jpg

Source of book image: http://www.christopherdavidson.net/sitebuilder/images/DVOS_cover-210×300.jpg

(p. 4) For Mr. Davidson, Dubai’s greatest weakness lies in its autocratic governing system. Politics in the emirate, as in most of the Middle East, pivots not on institutions but on clans — a ruling dynasty and its favorites who own and run Dubai in opaque fashion.

True enough, but most of the Middle East is authoritarian, yet Dubai’s enlightened despotism and welcoming social environment have stood out for fostering economic advance. Like China, albeit on a tiny scale, Dubai is engaged in an experiment of economic liberalization without political democracy.
Mr. Davidson further contends that unstable neighbors threaten Dubai’s success, but here he may have matters reversed. When Egypt and Iran stifle their entrepreneurs, many of them find a wide berth in Dubai. When Saudi Arabia imposes cultural restrictions on its population, Dubai offers a place to drink and let loose. When India and Pakistan have trouble creating jobs for their large populations, Dubai absorbs labor migrants. When Iraq or Lebanon descends into war, Dubai profits from rebuilding them.
In short, until a vast arc of countries from East Africa to Southeast Asia changes substantially, Dubai will remain poised to benefit by providing a relatively open, secure, low-tax, business-friendly alternative.

For the full review, see:
STEPHEN KOTKIN. “OFF THE SHELF; The Glittering Emirate, Revisited.” The New York Times, SundayBusiness Section (Sun., December 7, 2008): 4.
(Note: the online version of the review has the date December 6, 2008, and the title “OFF THE SHELF; Dubai, the Glittering Emirate, Revisited.”)

The book under review, is:
Davidson, Christopher M. Dubai: The Vulnerability of Success. New York: Columbia University Press, 2008.

FDR and LaGuardia Legacy for NYC: Feds Fund Foolish Projects?

CityOfAmbitionBK2013-08-08.jpg

Source of book image: http://si.wsj.net/public/resources/images/OB-XZ916_bkrvam_DV_20130627152210.jpg

(p. 16) Fiorello La Guardia is regularly ranked not only as the greatest mayor of New York City, but as the greatest mayor of any city in all of American history. His pugnacious charisma, managerial competence and expansive vision still set a near-impossible standard for any candidate for municipal office.

But, as Mason B. Williams’s fascinating new book “City of Ambition: FDR, La Guardia, and the Making of Modern New York” reminds us, La Guardia’s success rested to a large degree on Franklin Roose­velt’s decision to “channel the resources of the federal government through the agencies of America’s cities and counties.”
The questions raised by the New Deal’s role in the development of New York remain relevant. President Obama champions infrastructure spending, but does that spending create local value? Should Washington support cities, like Detroit, that cannot support themselves? Does the power created by an expansive public sector lead to unacceptable abuse?
. . .
Williams tells the story of La Guardia and Roosevelt with insight and elegance, but his book doesn’t address the deeper controversies around that partnership. Did La Guardia’s New Deal spending saddle New York with obligations too expensive to maintain in the long run? Did a car-heavy construction strategy eventually enable an exodus from the city? La Guardia built much that still has value, but did the precedent of federal funding make foolish projects more likely?
Still, Williams’s aim is to write history, not policy analysis, and he succeeds impressively at that. America’s cities are the country’s true economic heartland, and much of our most important past is urban. “City of Ambition” helps us to understand that past.

For the full review, see:
EDWARD L. GLAESER. “Fiorello!; LaGuardia’s Outsize Personality Contributed to His Success, But So Did His Partnership with Franklin D. Roosevelt.” The New York Times Book Review (Sun., July 18, 2013): 16.
(Note: ellipsis added.)
(Note: the online version of the review has the date July 18, 2013, and the title “Fiorello!; ‘City of Ambition,’ by Mason B. Williams.”)

The book under review, is:
Williams, Mason B. City of Ambition: FDR, La Guardia, and the Making of Modern New York. New York: W. W. Norton & Company, 2013.

In Greece, Votes Are Traded for Government Jobs

(p. A4) Some members of Parliament have lobbied for fishing licenses for the owners of pleasure boats in the Aegean islands. Others have asked for government jobs for award-winning athletes or members of dismantled state agencies. One sought to exempt theaters and cinemas from a controversial property tax. Another to reduce fines for the owners of illegally built homes in parts of northern Greece. The list goes on.
In all, more than 90 such budget-busting proposals have been floated as lawmakers scramble to push through last-minute amendments to bills otherwise intended to meet the demands of creditors who want Greece to liberalize its job market, cut red tape and shrink state payrolls.
. . .
But the proliferation of items threatens to delay that step, as lawmakers go to the trough one last time. Greece’s practice of trading favors — often government jobs — for political support is as old as its 400 years of Ottoman rule, when the system evolved. The word for it, “rousfeti,” which means favor, has its roots in the Turkish word for bribe.
. . .
“In Greece, the cross is sold in exchange for a government job,” said one of them, Theodoros Pangalos, the outspoken deputy prime minister and seasoned Socialist, referring to the X that voters make on the ballot.
“No one has dared touch this system to date,” Mr. Pangalos, who will not seek re-election, said this month in an interview with the French-German television channel Arte. “But it is time for it to change.”

For the full story, see:
NIKI KITSANTONIS. “Despite Warning, Old Handouts Die Hard for Greek Politicians Facing Voters Soon.” The New York Times (Tues., April 10, 2012): A4.
(Note: ellipses added.)
(Note: the online version of the article has the date April 9, 2012.)

It’s Hard to Be Consistent

TheFirstBillionIsTheHardestBK2013-08-08.jpg

Source of book image: online version of the WSJ review quoted and cited below.

(p. A13) Both Adam Smith and Horatio Alger would find something to like in the rise of T. Boone Pickens. “Boy geologist” Boone quit a promising job at Phillips Petroleum in the mid-1950s and built, over the following decades, Mesa Petroleum, a top North American independent oil and gas producer. Mesa found lots of oil and gas, provided jobs for hundreds of workers, and earned wealth for thousands of investors. During the same years, Mr. Pickens’s attempts to take over Cities Service, Gulf Oil, Phillips and Unocal made the whole oil industry shape up: His bids required the managers of each company to look hard at its practices and improve its shareholder returns.

Such accomplishments are the core of Mr. Pickens’s 1987 autobiography, “Boone,” which was updated 13 years later and retitled “The Luckiest Guy in the World.” In those books, Mr. Pickens’s political philosophy rang loud and clear. “I believe,” he stated, “the greatest opportunity lies in a free marketplace.” He warned: “There are powerful forces afoot trying to restrict that freedom in the interests of the vested and already wealthy. I am talking about a relatively small collection of corporate executives who would use the engine of American commerce for their own narrow ends.”
. . .
Now Mr. Pickens has new dreams — and he is lobbying Washington to make them come alive.
In particular, Mr. Pickens wants the federal government — through a mix of tax incentives, mandates and subsidies — to override the market and redirect the uses of natural gas.
. . .
“The First Billion” argues for this plan, along with recounting Mr. Pickens’s business ups and downs. The book is often entertaining, featuring the usual “Boone-isms”: e.g., “Show me a good loser, and I’ll show you a loser.” But readers unfamiliar with Mr. Pickens’s earlier memoirs may not realize that the new one represents a kind of bait-and-switch. Mr. Pickens’s standing to pronounce on energy matters was earned as a free-market producer. He is now using that standing to defy the market itself.

For the full review, see:
ROBERT BRADLEY JR. “BUSINESS BOOKSHELF; When Effort Is Energetic.” The Wall Street Journal (Weds., September 10, 2008): A13.
(Note: ellipses added.)

The book under review is:
Pickens, T. Boone. The First Billion Is the Hardest: Reflections on a Life of Comebacks and America’s Energy Future. New York: Crown Business, 2008.

Biofuels Like Ethanol Raise Food Costs About 30%

(p. 5) Until January [2008], Keith Collins was the longtime and widely respected chief economist for the Department of Agriculture. In that position, he was a frequent booster of government policies that encouraged biofuel production.
In the months after his departure, he was hired by Kraft Foods Global to analyze the impact of biofuels on food prices. He delivered a stunning, and unexpected, roundhouse to his former employers.
The Bush administration had said biofuels were a minor factor in rising food costs. In a May 1 [2008] press conference, Edward P. Lazear, chairman of the White House Council of Economic Advisers, said, “The bottom line is that we think that ethanol accounts for somewhere between 2 and 3 percent of the overall increase in global food prices.”
A month later, in Rome at a United Nations conference on the food crisis, the agriculture secretary, Ed Schafer, echoed Mr. Lazear’s analysis in defending American biofuels policy.
But Mr. Collins pointed out that the administration’s analysis was more like a back-of-the-envelope calculation, and that it hadn’t accounted for the impact of biofuels on crops other than corn. The push for ethanol has led farmers to grow more corn and less of other food crops, one factor in rising prices for commodities like wheat.
Based on his own analysis, Mr. Collins maintains that biofuels have caused 23 to 35 percent of the increases in food costs.

For the full commentary, see:
ANDREW MARTIN. “THE FEED; The Man Who Dared to Question Ethanol.” The New York Times, SundayBusiness Section (Sun., July 13, 2008): 5.
(Note: bracketed years added.)

Feds Drop Charge Against 4th Amendment Flasher

AaronTobeyAaronFourthAmendmentFlasher2013-08-04.jpg

Source of photo: http://tsanewsblog.com/wp-content/uploads/2013/01/AaronTobeyHero1.jpg (The WSJ article, cited below, had a similar photo in the print version of the article, but did not include it with the online version.)

(p. B6) Richmond International Airport officials have reached a settlement with Aaron Tobey, the so-called Fourth Amendment flasher.

Mr. Tobey in 2010 was arrested for alleged disorderly conduct at a checkpoint of the Virginia airport for stripping down to his running shorts. On his bare chest, Mr. Tobey had scrawled text of the Fourth Amendment on his chest in protest of the use of full-body scanners, which produced near-naked images of passengers.
The charge against him was dropped.
. . .
Government attorneys agreed not to appeal the Fourth Circuit ruling or further prosecute Mr. Tobey for interfering with TSA procedures, according to the Rutherford Institute, which represented him.
“Frankly, the nation would be better served if all government officials were required to undertake a training course on what it means to respect the constitutional rights of the citizenry,” said John W. Whitehead, president of the Rutherford Institute, a conservative legal defense group.

For the full story, see:
Gershman, Jacob. “Airport Settles Lawsuit Over Full-Body Scanners.” The Wall Street Journal (Mon., July 15, 2013,): B6.
(Note: ellipsis added.)
(Note: the online version of the article has the date July 14, 2013.)

For Right to Rise, French Youth Must Leave France’s “Decrepit, Overcentralized Gerontocracy”

(p. 4) The French aren’t used to the idea that their country, like so many others in Europe, might be one of emigration — that people might actually want to leave. To many French people, it’s a completely foreign notion that, around the world and throughout history, voting with one’s feet has been the most widely available means to vote at all.
. . .
When the journalist Mouloud Achour, the rapper Mokless and I published a column in the French daily Libération last September, arguing that France was a decrepit, overcentralized gerontocracy and that French youths should pack their bags and go find better opportunities elsewhere in the world, it caused an uproar.
. . .
It was a divide between those who have found their place in the system and believe fervently in defending the status quo, and those who are aware that a country that has tolerated a youth unemployment rate of 25 percent for nearly 30 years isn’t a place where the rising generations can expect to rise to much of anything.

For the full commentary, see:
FELIX MARQUARDT. “OPINION; The Best Hope for France’s Young? Get Out.” The New York Times, SundayReview Section (Sun., June 30, 2013): 4.
(Note: ellipses added.)
(Note: the online version of the commentary is dated June 29, 2013.)

Children of Chinese Entrepreneurs Want to Work for Government

XieChaoboJoblessEngineeringStudent2013-07-23.jpg

“Engineering student Xie Chaobo has yet to land a job.” Source of caption and photo: online version of the WSJ article quoted and cited below.

(p. A1) BEIJING–Xie Chaobo figures he has the credentials to land a job at one of China’s big state-owned firms. He is a graduate student at Tsinghua University, one of China’s best. His field of study is environmental engineering, one of China’s priorities. And he is experimenting with new techniques for identifying water pollutants, which should make him a valuable catch.
But he has applied to 30 companies so far and scored just four interviews, none of which has led to a job.
Although Mr. Xie’s parents are entrepreneurs who have built companies that make glasses, shoes and now water pumps, he has no interest in working at a private startup. Chinese students “have been told since we were children to focus on stability instead of risk,” the 24-year-old engineering student says.
Over the past decade, the number of new graduates from Chinese universities has increased sixfold to more than six million a year, creating an epic glut that is depressing wages, (p. A10) leaving many recent college graduates without jobs and making students fearful about their future. Two-thirds of Chinese graduates say they want to work either in the government or big state-owned firms, which are seen as recession-proof, rather than at the private companies that have powered China’s remarkable economic climb, surveys indicate. Few college students today, according to the surveys, are ready to leave the safe shores of government work and “jump into the sea,” as the Chinese expression goes, to join startups or go into business for themselves, although many of their parents did just that in the 1990s.

For the full story, see:
MIKE RAMSEY and VALERIE BAUERLEIN. “Tesla Clashes With Car Dealers; Electric-Vehicle Maker Wants to Sell Directly to Consumers; Critics Say Plan Violates Franchise Laws.” The Wall Street Journal (Tues., June 18, 2013): B1-B2.

ChineseStudentAfterGraduationPlans2013-07-23.jpgSource of table: online version of the WSJ article quoted and cited above.

Slow Patent System Makes U.S. Look Like Third World Country

(p. 118) The absurd length of time and the outrageous cost of obtaining a patent is a national disgrace. If we heard it took two to five years to obtain title to real property somewhere, we would assume it was a corrupt third world country. And yet that is how long it takes to receive a patent now, depending on the area of technology.

Source:
Halling, Dale B. The Decline and Fall of the American Entrepreneur: How Little Known Laws and Regulations Are Killing Innovation. Charleston, S.C.: BookSurge Publishing, 2009.