Daily Bread for 11.19.16 – 2017

Good morning.

We’ve a cloudy & windy day ahead in this city, with a high of thirty-seven.  Sunrise is 6:53 AM and sunset 4:27 PM, for 9h 34m 13s of daytime.  The moon is a waning gibbous with 68.2% of its visible disk illuminated.

Worth reading in full — 

Steven Horwitz writes about The double thank you of the market: “It is a constant struggle to persuade people that the market is not an arena of battle where one side defeats the other. It is a process of social cooperation built on the foundation of mutual benefit. Critics of markets continue to argue they make us meaner and nastier and that they create and exploit oppositional behavior. These arguments are at least as old as Marx, but they never seem to go away despite piles of evidence to the contrary.  As Deirdre McCloskey has argued in her trilogy on the bourgeoisie, not only does the market allows us to express a variety of virtuous behavior, but our participation in exchange and profit-seeking inculcates and encourages those virtues. Markets call upon our good behavior and cause us to engage in more of it as a result, and we have experimental evidence to support these claims.  The problem is many of the most frequent manifestations of the civilized behavior markets instill in us are so deeply habitual that we only notice them when we are faced with a striking contrast.”

At the Times, Adam Goldman offers Why Democrats Now Need the F.B.I. Director, James Comey: “The positions [on terrorism] taken by Mr. Comey in recent years could put him at odds with not just Mr. Sessions but other members of Mr. Trump’s national security team. “Given the recent slate of appointments from the president-elect, F.B.I. Director Comey may well turn out to be a bulwark against the worst abuses and provide some defense of the rule of law,” said Faiza Patel of the Brennan Center for Justice at New York University, who is a frequent critic of the F.B.I.”

A decade ago, Daniel Golden wrote a book about how students’ families bought their way into elite schools. Trump’s current son-in-law, Jared Kushner, was one of the book’s subjects: “I would like to express my gratitude to Jared Kushner for reviving interest in my 2006 book, “The Price of Admission.” I have never met or spoken with him, and it’s rare in this life to find such a selfless benefactor. Of course, I doubt he became Donald Trump’s son-in-law and consigliere merely to boost my lagging sales, but still, I’m thankful.  My book exposed a grubby secret of American higher education: that the rich buy their under-achieving children’s way into elite universities with massive, tax-deductible donations. It reported that New Jersey real estate developer Charles Kushner had pledged $2.5 million to Harvard University in 1998, not long before his son Jared was admitted to the prestigious Ivy League school. At the time, Harvard accepted about one of every nine applicants. (Nowadays, it only takes one out of twenty.)  I also quoted administrators at Jared’s high school, who described him as a less than stellar student and expressed dismay at Harvard’s decision. “There was no way anybody in the administrative office of the school thought he would on the merits get into Harvard,” a former official at The Frisch School in Paramus, New Jersey, told me. “His GPA did not warrant it, his SAT scores did not warrant it. We thought for sure, there was no way this was going to happen. Then, lo and behold, Jared was accepted. It was a little bit disappointing because there were at the time other kids we thought should really get in on the merits, and they did not.”

Rich Kirchen writes that the Milwaukee Bucks’ entertainment-block design is modern interpretation of [the] city’s industry: “The entertainment block is a central element of the master design plan for the $500 million arena and surrounding development.  The Bucks said the area is being designed for year-round community use and will feature a mixture of dining, entertainment and retail.The block will serve as an important connection between the new arena and existing commercial activity along Old World Third Street, the Bucks said.  A promenade along the arena will include public art, gardens, a signature water feature and event lawns, the Bucks said.”

So how are names and words formed?  Name Explain briefly…explains:

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