Gabriel García Márquez – Love in the Time of Cholera

Gabriel García Márquez – Love in the Time of Cholera

Compared to One Hundred Years of Solitude, this book has a much lighter feel. It is almost like a farce at times, though a little more jaded. A a mix of bemused weariness with a touch of nostalgia might be a better description. The book’s lack of epic drama, heartbreak, and tragedy stands in intentional contrast to its title. Marquez had plenty of gray hairs by the time he wrote this book, and he looks on the younger characters’ passions with a bit of an “I remember those times, but don’t always miss them” kind of smile. In line with Márquez’s famous magical realist style, lovesickness in this book is sometimes literal, manifesting itself as a physical illness with symptoms similar to cholera.

The main characters are a young couple who part before they can marry, and a young doctor who the woman meets afterwards and has a loving, mostly happy marriage with. Fifty years later, after the doctor/husband passes away, the former couple, now elderly, meet again. He claims to have stayed loyal to her all that time, but this turns out not be true—and how.

Much of the book recounts the various romantic foibles the three had throughout their lives, some serious and some not, with a mix of amusement and wistfulness. A particularly amusing character is a parrot who taunts the doctor. An excellent example of Márquez’s brand of magical realism, the parrot sometimes talks as though he understands what the doctor is saying and is capable of holding human-level conversation, but other times seems like an ordinary bird.

On the Radio: China Tariffs

Earlier today, I appeared on the Alan Nathan Show to talk about tariffs and a possible trade deal with China.

I’m not sure how to access show archives, but if I can find audio I’ll post a link.

Tariffs Are Not Encouraging Chinese Reforms

In a syndicated piece at Inside Sources, Kate Patrick quotes me on President Trump’s China tariffs:

The Competitive Enterprise Institute (CEI), in response to China’s latest tariff retaliation, criticized the Trump administration for continuing a trade war that has not produced the kind of trade agreement Trump wants, adding that Congress should reclaim its constitutional tariff-making authority to stop the trade war.

“Tariffs have once again failed to get China to make needed reforms, instead of responding to Trump administration tariffs with retaliation,” Senior Fellow Ryan Young said. “The administration should change course and re-engage the World Trade Organization dispute resolution process and rejoin the Trans-Pacific Partnership. China has already been lowering trade barriers against other countries and could do so with the U.S.”

Read the whole thing here.

This Week in Ridiculous Regulations

A humorous diplomatic row over Greenland was not the only news of the week, with China tariffs, divisive rhetoric, and recession fears also putting in appearances. Rulemaking agencies published new regulations ranging from Death Valley airstrips to Lipochitooligosaccharide.

On to the data:

  • Last week, 68 new final regulations were published in the Federal Register, after 69 the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 28 minutes.
  • Federal agencies have issued 1,876 final regulations in 2019. At that pace, there will be 2,860 new final regulations. Last year’s total was 3,367 regulations.
  • Last week, agencies published 447 notices, for a total of 14,121 in 2019. At that pace, there will be 21,526 new notices this year. Last year’s total was 21,656.
  • Last week, 1,734 new pages were added to the Federal Register, after 3,075 pages the previous week.
  • The 2019 Federal Register totals 44,535 pages. It is on pace for 67,889 pages. The 2018 total was 68,082 pages. The all-time record adjusted page count (which subtracts skips, jumps, and blank pages) is 96,994, set in 2016.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. Three such rules have been published this year. Six such rules were published in 2018.
  • The running compliance cost tally for 2019’s economically significant regulations currently ranges from $294.9 million to $439.2 million. The 2018 total ranges from $220.1 million to $2.54 billion, depending on discount rates and other assumptions.
  • Agencies have published 44 final rules meeting the broader definition of “significant” so far this year. 2018’s total was 108 significant final rules.
  • So far in 2019, 318 new rules affect small businesses; 14 of them are classified as significant. 2018’s totals were 660 rules affecting small businesses, with 29 of them significant.

Highlights from last week’s new final regulations:

For more data, see “Ten Thousand Commandments” and follow @10KC and @RegoftheDay on Twitter.

On the Radio: Antitrust

On Sunday morning from 8-9 AM PT, I’ll be on the Bob Zadek Show talking antitrust regulation. He has a promo article with a link to listen live here. See also Wayne Crews’ and my antitrust paper.

Antitrust Basics: Think Long Term, Not Just Short Term

This is the seventh entry in the “Antitrust Basics” series. See below for previous posts.

Moore’s Law states that computing power doubles every year and a half or so. An antitrust case against IBM, by contrast, lasted for 13 years, never reached a decision, and was eventually dropped because the original issue had long become obsolete. Markets are ongoing-long-term processes but antitrust cases are often short-term reactions to temporary situations—even if they sometimes last so long as to outlive the problem they seek to address.

Today’s Neo-Brandeisians and right-wing populists calling for an antitrust revival are not the only analysts prone to short-termism. Robert Bork, famous for his antitrust skepticism, writes on p. 311 of his 1978 book “The Antitrust Paradox”:

Antitrust is valuable because in some cases it can achieve results more rapidly than can market forces. We need not suffer losses while waiting for the market to erode cartels and monopolistic mergers.

Bork’s statement focuses on short-term results while ignoring long-term underlying processes, and has several other problems besides. How do regulators and judges know which cases are causing consumer harm and which are not? How do they ensure cases are chosen on the merits and not for politically-motivated reasons?

Cases also often take years to resolve. Assuming regulators do identify a valid case, how would they, and the judges who hear the case, know if market activity could address the problem by the time the case is decided? Do the benefits of regulatory action exceed the court and enforcement costs? Are the affected companies in a position to capture the regulators?

More to the point, does the short-term benefit come at a greater long-term cost? An enforcement action now could have an unforeseen deterrent effect on future mergers, contracts, and innovations, including in unrelated industries. The consumer harm from these could well exceed the short-term benefits of a short-term improvement on market outcomes—assuming that regulators are consistently capable of such a feat.

In the 1969-1982 IBM case, regulators eventually gave up, however belatedly. But this is not guaranteed to happen in every case. And who knows what consumer-benefiting innovations IBM could have developed with the time and resources it ended up devoting to defending itself in this case?

As the Justice Department and Federal Trade Commission conduct their investigations into Facebook, Google, Amazon, and Apple, they should keep their limited abilities to answer such questions in mind—as well as their bosses’ short-term focus, which rarely extends beyond the next election cycle.

For more, see Wayne Crews’ and my paper, “The Case against Antitrust Law: Ten Areas Where Antitrust Policy Can Move on from the Smokestack Era.” Further resources are at antitrust.cei.org.

Previous blog posts in the Antitrust Basics series:

U.S.-China Trade War and the 2020 Election

I just saw this now, but I was quoted in an August 13 U.S. News & World Report article on China tariffs:

“The administration has been saying otherwise, but it is good to see that they do not believe their own words,” Ryan Young, a senior fellow at the libertarian Competitive Enterprise Institute, said in a statement Tuesday. “Several rounds of China tariffs have so far failed to encourage the Chinese government to make needed reforms. Beijing has instead consistently retaliated with its own trade barriers, hurting the U.S. economy as well as its own.”

Read the whole thing here.

China Tariff Retaliation Shows Failure of Trump Policy

This is a CEI press release. The original is posted here.

On news that China plans to raise tariffs on Sep. 1 and Dec. 15, respectively, in retaliation for President Trump’s recent increase, Competitive Enterprise Institute senior fellow expert Ryan Young said failure of the tariff policy was predictable.

“Tariffs have once again failed to get China to make needed reforms, instead responding to Trump administration tariffs with retaliation. The administration should change course and re-engage the World Trade Organization dispute resolution process and rejoin the Trans-Pacific Partnership. China has already been lowering trade barriers against other countries and could do so with the U.S.

“Ultimately, Congress needs to reclaim the tariff-making authority it gave away to the president back in the 1960s and 1970s. In the meantime, economic adviser Peter Navarro should take Brett Favre’s advice to a referee and take two weeks off, then quit.”

Related reports:

Adrian Tchaikovsky – Children of Ruin

Adrian Tchaikovsky – Children of Ruin

A big part of the process of modernity is widening one’s circle of concern. People have always looked out for themselves and their family. As trade grew, people’s circle widened from the tribe to include one’s trading partners, whether in a farm-and-village dynamic or including long distance traders. As the scale widened, people had to be more accepting of people who dressed differently, spoke different languages, and worshipped different gods. The process is not over. In the last 70 years or so, the circle of concern has grown to address racism, homophobia, transgender rights, and more. The proper size of one’s circle of concern is at the heart of today’s debates over issues such as LGBT rights, trade, and immigration. Animal rights activists are even trying to expand the circle of concern to other species.

What does the circle of concern have to do with a science fiction novel? A lot. In Children of Time, the first book in this series, a botched attempt at seeding an alien planet with Earth life leads to an advanced civilization of spiders and ants, instead of the intended apes (a literal barrel of monkeys burns up while entering the atmosphere). The nanovirus-enhanced intelligent spiders and humans eventually become allies, widening their circles of concern to include two very different sentient species.

This book is the sequel; I do not know if further volumes are planned in the series. It introduces a race of nanovirus-enhanced octopi as well as an alien life form that is something like a slime mold. Where the first volume was evolution-themed, this volume is about psychology and consciousness. It is more interested in exploring and understanding how different species think, feel, and communicate. It as though Tchaikovsky is expanding Adam Smith’s circle of concern as broadly as he possibly can, and seeing what happens.

Tchaikovsky’s spiders communicate through vibration and touch, and are unable to hear human speech. Both spiders and humans come up with all kinds of translators and ways to understand each other, and though their friendships are sincere, some differences are too vast for them to comprehend. Also of interest is the spiders’ own gender disparity, in which males are discriminated against and discounted as inferior, mirroring our own species’ issues. The spiders have even been making progress in recent generations, with male spiders advancing to prominent scientific research positions, though workplace politics are touchy.

The stars of this book are nanovirus enhanced octopi, who ancient humans seeded on one of two habitable planets in a different star system than the spider planet from the first book. Tchakivsky researched the subject, and the octopi in his book are impulsive, emotional, factional, and quick to change their minds as their emotions explore different sides of an issue. Not being able to use speech like humans or vibrations like spiders, octopi instead communicate by changing colors. Different feelings are automatically expressed in different colorations, which they are unable to hide. They almost literally wear their emotions on their sleeve, and their intellectual deliberations are plainly visible.

Also putting in a turn is an alien life form with a collective consciousness, kind of like an intelligent slime mold or a bacteria with a long collective memory and the ability to interface with and control other organisms. This lets Tchaikovsky explore a whole other form of consciousness, of which we don’t have any examples on Earth.

The plot throws these very different consciousnesses together and lets them try to sort out who is on who’s side, how to overcome communication barriers, and try to come to some kind of understanding. The extent to which they can succeed requires a circle of concern rather greater than most people on Earth have today.

Gabriel García Márquez– One Hundred Years of Solitude

Gabriel García Márquez– One Hundred Years of Solitude

The story of the fictional town of Macondo and seven generations of its founders, the Buendias family. Their ups and downs, passions, quarrels, affairs, fights, triumphs, divisions, and failures are an extended metaphor for Colombian history. The occasional mystic elements Márquez integrates into the story, always told in a straight, matter-of-fact style, became known as magical realism, which became a movement in Latin American literature far larger than this 1967 novel.

It is worth noting that Márquez had a soft spot for dictators, especially Cuba’s Castro regime. Even after the idealism of the Cuban revolution died down and the regime’s human rights abuses became common knowledge, Márquez chose to remain a friend and ally of the regime. As with other figures such as Wagner, considerable artistic merit is sometimes colored by the artist’s questionable judgment or moral sense. In art, as in life, few things are purely good or evil.