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Arthur Laffer
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Recall for a moment, the two Republican idols, economists Milton Friedman and Arthur Laffer. Friedman won a Nobel Prize by observing that inflation is "always and everywhere" caused by too much money in circulation. Thus, a potential remedy for inflation was suggested: central banks (i.e. the Federal Reserve) can restrain that by raising short-term interest rates at the first sign of inflation. It certainly seemed to work; by doing so, Federal Reserve Chairman Alan Greenspan was able to avoid inflation for eighteen years.
Arthur Laffer offered a second idea for Presidents to test. Laffer maintained that if taxes were too high, you would paradoxically collect more taxes by lowering tax rates. The younger George Bush took him up on it, reasoning that if tax collections did rise after tax rates were cut, it would be proof that taxes had been too high all along. The appeal to tax technicians in the Treasury Department was that, by observing tax collections, all changes in tax rates up or down might lead to the identification of the most efficient possible tax rates. So, although President Reagan had felt warm about Laffer, while the senior George Bush rudely dismissed such ideas, George W. was eager to test his gut feeling that tax rates were too high. Each year during his presidency, George W cut taxes. Gratifyingly, each year total tax revenue (adjusted for GDP) increased. Eight years are not the same as eighteen, but it certainly looks as though W proved that taxes had indeed been too high. If some future Congress has the courage to raise taxes, and then tax collections go down, the Bush legacy would seem pretty secure. Two iron laws of national economics would be enshrined: The tax rate should be whatever maximizes tax revenue. Interest rates should be whatever restrains inflation. Live with it.
True, none of this insight casts much light on how to cope with wars and depressions. Raising interest rates seemingly defeats inflation, but lowering interest rates has not always cured recessions. Furthermore, the fiscal and monetary direction of the country may have to be altered when we face war, famine, weather disasters, and demographic shifts. But at least we seem to know how to determine the optimum level of (overnight, interbank) interest rates and taxes, so have a compass for return to those levels after detours around uncertain events. Maybe economists, even Voodoo economists, can suggest some other principles which politicians can test in the real economy. And political science can then start to have some true scientific method in it; propose a theory, test it, revise the theory and test it again.
But there's one more thing that Art Laffer didn't understand when he was drawing his famous curve on the back of a paper napkin. One of the main reasons tax collections rose spectacularly when George Bush finally had the nerve to try lowering taxes -- was that the underground, tax-evading, economy was a great deal larger than anyone had suspected. Laffer made crooks into honest people.
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Schuylkill River
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In Dutch, Schuylkill means "hidden river", thus making it redundant to speak of the Schuylkill River. As soon as you become aware of this little factoid, you start to come across Philadelphians who do indeed speak of the Schuylkill in a way that acknowledges the origin of the term. To give it emphasis, it is common to speak of the "Skookle". The point comes up because cruises have started to leave from the dock at 24th and Walnut Streets, where it becomes quite noticeable that the Schuylkill really is rather hidden as it winds seven miles south to the airport, in contrast to the wide-open vista we all are accustomed to seeing from the Art Museum northwards.
The bluff at Gray's Ferry, where the University of Pennsylvania's new buildings now dominate the scene, was originally the beginning of dry land, or the end of the rather large swamp, through which the river winds its way essentially shaded by trees along the riverbank. Never mind the junkyards and auto parks you happen to know lurk behind the trees on the west side or the oil tanks which loom above the trees on the south bank. As evening closed in on the riverboat, the gaily lit towers of center city were looming in the stern, but some fishermen along the bank proudly held up a respectable string of six or seven rather large catfish. If you are there in the evening, the river has the same feeling of wilderness that the Dutch traders would have experienced three hundred years earlier. No swans, however. There were many reports in the Seventeenth Century of large flocks of swans sailing around the entrance of the Schuylkill into the Delaware River. A noted local ornithologist on the recent cruise remarked that forty or fifty species of birds are found there. Even a flock of owls still live within the city limits. You don't see owls, even if you are an ornithologist; their presence is made known by taking recordings of the sounds of the night.
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Fort Mifflin
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The geography of swampy South Philadelphia was created by the abrupt bend in the Delaware River at what is now thought of like the airport region. As the river flows at the bend, sediment is deposited in mud flats that once created Fort Mifflin of Revolutionary War fame, and later Hog Island of the Naval Yard, home of the hoagie. Swans are beautiful creatures, but they seem to like a lot of mud. The lower Schuylkill is tidal, and the industrial waste of the region is cleaned out of the land by cutting drainage ditches laterally from the river, flooding the lowlands as the tide rises, and draining it again as the tide falls. This cleansing seems to be working, as judged by the return of spawning fish. And maybe mosquitos, as well, but it would seem rude to inquire.
The Bartram family seems to have known how to make use of river bends and riverbanks, placing the stone barn
and farmhouse higher up the bank, but below the bluff of Gray's Ferry forces a bend in the Schuylkill, below which of course flatlands were created. It's a peaceful place, now made available for tours and excursions by placing a landing dock on metal pilings so that it can ride up and down with the tides. The great advantage is that riverboat landings are no longer restricted to two a day, at high tide, with limited time to visit before the tide falls again. Bartram recognized how popular strange plants from the New World would be in England, and his exotic plants were quite a commercial success. Nowadays the big sellers are Franklinia Trees, available the first week in May. The last Franklin (named of course for his friend Benjamin) ever found growing in the wild, was the one John Bartram found and nurtured. Every Franklinia is thus a descendant of this one. They look rather like dogwood but bloom in the early fall. If it suits the fancy, a dogwood next to a Korean dogwood which blooms in June, next to a Franklinia, can make a continuous display of bloom from May to October. And best of all, no one will appreciate it, unless they are in the know.
Delhi › Jaipur › Sawai Madhopur › Udaipur › Jaisalmer › Jodhpur › Bharatpur › Agra › Delhi
Monday January 31, 2011
We arrived at the Indira Gandhi International airport at around 3 AM, Delhi time,
and checked into The Claridges in New Delhi. Later that day we began to explore the city: perfectly safe but like all parts of India we were pursued by people trying to sell us things or take us on tours. Margaret, Miriam, and Jon took the
Delhi subway which is modern and efficient, although the first car is reserved for women to allow them to get away from unwanted advances. Later that day, we
took a tuk-tuk around the city, stopped at a rug store, Art of India and visited
the Lodi Garden where Iskander Lodi is buried.
The next two days we had a car, driver, and guide to take us to the sights of Old
and New Delhi: the Red Fort, Shah Jahan's Jama Masjid mosque, Humayun's Tomb
and the Qutub Minar tower.
Day 1 - Wednesday - On board
The Palace on Wheels leaves not from the main railway station but from the Delhi Safdarjung Railway station where guests
are welcomed in traditional Indian style before the royal train pulls out into
the night for a week-long journey through the heart of Indian tourism,
Rajasthan, the home of the Princely States of the Hindu Rajputs.
Jaipur is the first stop of Palace on Wheels that enjoys the reputation of the best-planned cities of the world in the bygone era. Known as the Pink City, Jaipur is the capital of Rajasthan founded by Maharaja Sawai Jai Singh II, in 1727 A.D.
Day 3 - Friday - Sawai Madhopur
Sawai Madhopur the next destination of Palace on wheels is the place where we
hoped to see tigers in the Ranthambore National Park but did not.
Day 3 - Friday - Chittaurgarh
After lunch proceed to Chittaurgarh, India's Camelot, the heart of the Rajput
chivalric mythology: the thrice-besieged, Chittaur Fort (garh).
Udaipur, the City of Lakes is adorned by the beautiful palaces, temples and
lakes.
Jaisalmer lies in the heart of the Great Indian Desert, Thar Desert.
Day 6 - Monday - Jodhpur
Jodhpur is the blue city, where lies the rock-solid Mehrangarh Fort. It is the second largest city of Rajasthan encircled by a high stone wall with seven gates and several bastions.
Day 7 - Tuesday - Bharatpur / Agra
Bharatpur is a bird sanctuary.
Agra was the seat of power of Akbar and the location of his grandson Shah
Jahan's memorial to his wife, the great Taj Mahal.
Day 8 - Wednesday - Delhi
The train arrives back at Delhi Safdarjung Railway station in the morning and it's off the train.
Bob Reinecke and I recently took a trip by boat down the inland waterway to Savannah. There isn't time to recite all the details, but four or five real surprises popped up, and maybe there is time to talk about them.
The first discovery was an accident of my visiting my daughter in Northern Virginia, and discovering there is no direct train service to Williamsburg. It's only once a day, each way, but it is direct from 30th Street Station to the train station about a hundred yards from the hotel in Williamsburg. Actually, it starts in Boston and goes to the Portsmouth Naval Base, branching off at Richmond toward the banking centers of Charlotte, North Carolina. But Williamsburg is about the only tourist destination in Virginia if you haven't been paying attention, while 30th Street is about the only place to take a train, right? We had a lot to learn.
A travel brochure announced there was a cruise boat of about a hundred passengers, which leaves Richmond, goes down the James River, and then heads south on the Inland Waterway, making stops along the way until it ends up in Savannah, Georgia. On this particular trip, there was a busload taking tours of Revolutionary history, and a second one taking Civil War excursions at every stop, take your pick. Most people took the Civil War choices, but the lecturers were both excellent, and it pretty much turned into two tours on a single boat. We learned the hard way that the only train to Richmond gets there after the boat has already departed, so it was necessary to arrive a day early and stay in a hotel. We were certainly glad we did because Richmond is having a revival since the devastation of the Civil War. A dozen hotels and restaurants cluster around the train station, which is a few blocks from the renovated Capitol, sitting on top of a hill. The hill has been extensively undermined and turned into a pretty elaborate museum, well worth a two-hour visit if you get there at the right hours. Not far away is a perfectly spectacular art museum, apparently donated by Paul Mellon, and well worth a four-hour visit. Paul Mellon has also donated his huge collection of British Art to the Yale Museum, and of course, the Mellon Gallery in Washington was largely given by his father. The Mellons of Pittsburgh may well have been pretty tough bankers, but in the art world, they certainly knew their stuff. Even if the Virginia museum didn't contain a single painting, the building itself would be worth a trip to visit.
Richmond also has a secret treasure in the James River. A century ago, every major river on the East Coast would have a major run of spawning shad fish, about the middle of April. One by one, the rivers were dammed up at the "fall line" and industrial pollution put an end to the shad run. That was probably also getting to be true at Richmond until General Grant and his army put an end to industrialization. For whatever reason, Richmond is the only major city on a river that still has a spring shad run. Since the river runs through the center of town, the big problem for fishermen is to find a boat to rent, and this spring event is largely forgotten. Four or five big restaurants were pointed out as specializing in seafood, but although I called them all, none of them knew what a shad is.
When you go down to where the tourist boat docks, however, you soon find the local teen-aged boys know all about shad, and a hundred or more of them line the banks with their fishing gear. As you might expect, fishing is best toward dusk in the evening, and around dawn in the morning. Unfortunately, we were late. The boys were all pulling in strings of six or eight fish on a line, but they were uniformly small ones. The big fish spend all winter in the Bay of Fundy, and return to the river where they were born, to spawn again. So the big fellows, the fish that were supposed to have rescued George Washington at Valley Forge, had already gone upstream to spawn, and all that was available to the teenagers were young fry, trying to return down the river toward the Bay of Fundy. Incidentally, although the Hudson River has also pretty much lost its industrialization, there is no shad run on the Hudson. The explanation seems to be that the striped bass congregates along the abandoned piers on the New York waterfront, and devour the shad fingerlings on their way out to sea. In Philadelphia, it seems to be the refineries at Marcus Hook that give the shad their fatal problem.
So off we sail from Richmond, making the first stop at the mansions along the James River. Of particular interest is the splendid mansion of William Henry Harrison, of Tippecanoe and Tyler, Too. You know, the fellow who won election to the Presidency by advertising he had been born in a log cabin. Off down the James River, where two more surprises await the callow Philadelphia visitor. We knew about Williamsburg, but it was a surprise to find that both Jamestown and Yorktown have been restored within an inch of their lives, each one just as interesting as Williamsburg. The woods surrounding these three colonial villages are manicured and painted, filled with an incredible number of retired military. As you tour the area in buses, it becomes clear that almost the entire peninsula between the James and York Rivers is filled with military reservations of various sorts, Air Force, Naval, Marine, and at least two hush-hush CIA establishments. This is what Generals Grant and McClellan fought over as the "wilderness", attempting to take Richmond from the rear. If you add to this military complex the huge establishment of government contractors neighboring Washington, it is easy to see why the demographics and politics of the Old Dominion are rapidly changing.
One of the military retirement villages in the area is Fort Monroe, on an island in the mouth of the Chesapeake. Like Pea Patch Island in the Delaware, and Fort Sumpter to the south, this fort was constructed after the War of 1812 as one of a chain of defenses for the Atlantic Coast. It once housed President Jefferson Davis as a prisoner after the Civil War, and the house where Lincoln stayed is proudly on display. It looks like a really nice place for a retired Colonel to live if he enjoys sailing and fishing. Nearby, both the Merrimac and the Monitor are under reconstruction as museums, together with the museums which display how naval warfare was completely transformed by two iron boats in a single afternoon.
So off down the Inland Waterway on a ship that scraped bottom a couple of times on the previous journey. Because of our maritime unions, only a ship that has been constructed in America is allowed to sail between two American ports, and only American employees are allowed. That makes for scarcity, and although it is pleasant to be surrounded by a thoroughly American crew, it makes this sort of cruising expensive. But the sense of American history is heightened, as you go past towns that were burned by the British, and gardens that were planted by members of the Continental Congress. Particularly Beaufort, which General Sherman decided was too beautiful to burn.
You can walk the side streets of Charleston, where "Porgy and Bess" was portrayed, and imagine you see the bombardment of Fort Sumpter. Savannah, the fictional home of Rhett Butler the blockade runner in "Gone with the Wind", the home port of Revolutionary blockade runners, the site of smugglers for prohibition days -- affects an atmosphere of decay and decadence which air conditioning has rendered obsolete, but still attracts tourists looking for a thrill.
And so we ended the trip as we began it, by telling the local guides a thing or two. It was thirty miles north of Savannah on the Savannah River, that our famous Philadelphia river expert, Ruth Patrick, advised the President of DuPont to place the manufacturing center for the hydrogen bomb. She lived to be one hundred five years old, and the building which bears her name can still make bombs as needed. And not one guide or employee of that ship, or resident of that town, had ever heard of her.
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Romantic Era
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It was taught to me as a compliant teenager that the Enlightenment period (Ben Franklin, Voltaire, etc.) was followed by the Romantic period of, say, Shelley and Byron. Somehow, the idea was also conveyed that Romantic was better. Curiously, it took a luxury cruise on the Mediterranean to make me question the whole thing.
It has become the custom for college alumni groups to organize vacation tours of various sorts, with a professor from Old Siwash as the entertainment. In time, two or three colleges got together to share expenses and fill up vacancies, and the joint entertainment was enhanced with the concept of "Our professor is a better lecturer than your professor", which is a light-hearted variation of gladiator duels, analogous to putting two lions in a den of Daniels. In the case I am describing, the Harvard professor was talking about the Romantic era as we sailed past the trysting grounds of Chopin and George Sand. Accompanied by unlimited free cocktails, the scene seemed very pleasant, indeed.
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Daniel Defoe
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In the seventy years since I last attended a lecture on such a serious subject, it appears the driving force behind Romanticism is no longer Rousseau, but Daniel Defoe.
Robinson Crusoe on the desert island is the role model. Unfortunately for the argument, a quick look at Google assures me Defoe lived from 1660 to 1730, was a spy among other things, and wrote the book which was to help define the modern novel, for religious reasons. His personal history is not terribly attractive, involving debt and questionable business practices, and his prolific writings were sometimes on both sides of an issue. He is said to have died while hiding from creditors. Although his real-life model Alexander Selkirk only spent four years on the island, Defoe has Crusoe totally alone on the island for more than twenty years before the fateful day when he discovers Friday's footprint in the sand.
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Robinson Crusoe
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But the main point of history was that Defoe was born well before William Penn and died before George Washington was born. The romanticism he did much to promote was created at least as early as the beginning of the Enlightenment and certainly could not have been a retrospective reaction to it. Making allowance for the slow communication of that time, it seems much more plausible to say the Enlightenment and the Romantic Periods were simultaneous reactions to the same scientific upheavals of the time. Some people like Franklin embraced the discoveries of science, and other people were baffled to find their belief systems challenged by science. While some romantics like Campbell's Gertrude of Pennsylvania, who is depicted as lying on the ocean beaches of Pennsylvania watching the flamingos fly overhead, were merely ignorant, the majority seemed to react to the scientific revolution as too baffling to argue with. Their reasoning behind clinging to challenged premises was of the nature of claiming unsullied purity. Avoidance of the incomprehensible reasonings of science leads to the "noble savage" idea, where the untutored innocent, young and unlearned, is justified to contest the credentialed scientist as an equal.
Does that sound like a millennial to anyone else?