Thursday, December 01, 2011

European Union Euro Situation: Structure not Funding is the Problem, Says Harvard's Rogoff


Euro Zone problems are discussed by Steven Erlanger at the New York Times in
New Warnings of Euro Zone Danger

as Erlanger writes:
" For Kenneth S. Rogoff, an economics professor at Harvard, the biggest problem for the euro is not money so much as structure, or the lack of it. “This is a deep constitutional and institutional problem in Europe,” Mr. Rogoff said. “It’s not a funding problem.”"
Hat tip to CaryGEE.

Crossposted from LawPundit.

Tuesday, November 29, 2011

Euro Doomsayers Are Wrong: Jacob Funk Kirkegaard Reports via RealTime Economic Issues Watch at the Peterson Institute for International Economics


You know, sometimes it all depends on what you choose to read.

At the website of the Peterson Institute for International Economics,
Jacob Funk Kirkegaard reports via RealTime Economic Issues Watch
on
Why the Euro Doomsayers Are Wrong.

Is he right? Time will tell.

Crossposted from LawPundit.

Donate to EU Pundit and the ISandIS Network


The blog EUPundit gets quite a few hits daily but we have been unable to devote much time to it in recent months, concentrating on our popular blog at LawPundit.

We have now put up a donation button (to the right) to see if there is enough donor interest out there for us to resume postings about the European Union.

Certainly a lot has been going on in the EU that is worth blogging about in an informative manner.

We shall see.

Thank you.

Saturday, July 30, 2011

Learning to Think Critically: Maybe Everyone Should Go to Law School

At the New York Times discussion of "The Case Against Law School", former dean and former provost, Professor Geoffrey R. Stone of the University of Chicago in Learning to Think Like a Lawyer lists five "experiences [that] legal education can offer that are invaluable for future lawyers".

In our opinion, the first of these is by far the most important. As Stone writes:
"First, and most important, it can teach students to “think like a lawyer.” As any lawyer will tell you, this is critical. The practice of law demands a rigorous, self-critical (and critical), creative and empathic (how will my opponent and the judge see this issue?) mind-set. In general, legal education does this brilliantly. This is at the very core of a legal education."
There is a very good reason that people trained in the law have historically dominated and still do dominate leadership positions in society. "Thinking like a lawyer" is one of the principal causes.

Indeed, one problem with modern multinational corporations is that lawyers are being named CEOs less and less, and are being replaced by business "tradesmen", who know their trade but do not know how to ask the right questions. The current world economy shows it -- as it is suffering badly.

People who study the law are not like those who study the humanities or other professions, where the essence of learning is the learning of a trade. You can teach a seal to balance a ball, but not how to successfully resolve human conflict.

The only real way to measure the effectiveness of legal education is by the SUBSEQUENT societal effectiveness of those who were subjected to that education. Law-trained effectiveness puts many other professions in the shadows in terms of measurable performance. There is a reason why so many lawyers earn millions of dollars a year and many other professions earn far less. It is not chance.

Indeed, outside of the law schools and outside of business courses using "the case method", your average university graduate earns his degree in other academic disciplines sort of like a an apprentice in a handicraft. He or she is taught "what the truth is" in that profession. Critical thinking is rare on the average classroom agenda. University exams test knowledge of facts, not the ability to think on one's feet.

Outside of law school education, students learn to regurgitate the accepted state of knowledge in a given field. The better they do it, the higher they rise on the career ladder. They learn to quote the leading authorities of their day according to whatever school of thought happens to prevail at the time in their field, and, after graduation, they don their professional caps and pass on the system they have learned to the next generation. Errors in knowledge are thus subject to the domino effect. I face this ignorance continuously in my studies on the history of civilization, where the historical disciplines involved (Archaeology, Linguistics, Egyptology, Biblical Studies, Assyriology) are dreadfully marked by stong deficits in the capacity for critical thinking. People there tend to be interested in TELLING YOU what the history was, rather than trying to find out what really happened.

In my view, all this discussion about the sense of law school education is therefore superfluous. The real problems are elsewhere.

Law school education and especially the Socratic method of dialogue -- whatever their defects -- are for the most part breathtakingly effective in producing agile minds prepared for the stressful intellectual demands of the modern world. Perhaps law school education can be improved - everything can - but it is far ahead of the game when compared to other academic disciplines.

Where legal education in my opinion should INSTEAD start to become active is by offering special Socratic dialogue-type courses at law schools for ALL the OTHER professions, thus giving college graduates other than lawyers a chance to come out of their universities with some capacity for independent critical thought rather than being robots that repeat like parrots whatever their professors, parents, role models, celebrity idols, or other supposed "authorities" have taught them.

Twenty bishops swearing on a Bible do not make a fact true, if it is false. Children of Republicans become Republicans, usually. Children of Democrats become Democrats, usually. This has nothing to do with the viability of their political dogmas. Rather, political views are largely "inherited". "Critical thinking" about politics has nothing to do with it.

The same is true for religious beliefs, where it is a rare man or woman who has a religious belief system that diverges significantly from what mama and papa taught them. Children for the most part are not taught critical thinking by their parents -- quite the contrary -- they are taught obedience. Families are seldom democracies. Christians become Christians. Jews become Jews. Muslims become Muslims. I have, by the way, great respect for some modern Buddhists I know in the West because they at least CHOSE their religion during their lifetime, and focus thereby on doing GOOD WORKS, rather than on proselytizing and burdening their fellows with THEIR BELIEF system. A belief is the absence of proof. If we had evidence for religious dogmas, belief would be unnecessary. And yet, all sorts of economic "beliefs" guide most of the discussions one hears or reads about political and economic problems. People are merely just repeating what they have heard and what they agree with. That does not make it "true".

For example, many people have "opinions" about taxes and the economy, especially methods of government financing -- even though most people almost always know far less about those subjects than they do about their favorite college or professional athletic teams or players. This does not however keep from them mixing into the discussion and even basing their political voting decisions on insufficient knowledge.

Unfortunately, there are also a good many people in Congress who know not much more than what has been ladled into them by people not knowing much more than the Congressmen/women do about the subjects in question. One could have a great time asking Congressional representatives to explain modern institutions to us, e.g. the Federal Reserve System or the International Monetary Fund. Just ask your Senator: explain that to me please. The classic example here is the late Arizona Senator Ted Stevens who hilariously but seriously -- and totally erroneously -- described the Internet as "a series of tubes". It was too funny for words, except that Stevens, the longest-serving Republican Senator in history, held Congressional seniority positions putting him in charge of Internet regulation. When a country like the USA is in the economic difficulty in which it currently finds itself, it is not without reason. You can not have the blind leading the blind.

Indeed, many people spend some of their leisure time -- we erroneously call this "entertainment" -- listening to and applauding people who have no other real talent other than that they think and/or utter opinions like their audience. NOT TOO CRITICAL, that kind of thinking, or living. A man of intellectual power, by contrast, constantly himself challenges what he knows, "knowing" full well that such a critical path is the only path of true human progress. "Yes men" are a dime a dozen, but that is the way most of the world operates. Nodding is approved.

Try this experiment the next time YOU listen to someone in Congress. Take what they say sentence by sentence and ask: how does he or she know that what they are saying is true? where did they get it? what is the evidence? where is the proof? how has it been checked? who did the checking? what empirical data supports it? who says????? do that with ALL the political parties, not just YOUR favorite. Blind tests with sports fans show that fans as referees call close plays in favor of "their favorite team" 2 to 1 on both sides of the same play. Where e.g. a Husker Big Red fan will see an Oklahoma Sooner personal foul, the Sooner fan will see a Husker foul -- on the same play! It is the same in Congressional partisanship, also in lawmaking, you better believe it. That is why we have a U.S. Supreme Court -- to keep everybody honest.

Someone who has properly assimilated a legal education asks the tough and self-critical questions -- but that may not even be a majority of law school graduates, judging by what we see among JDs in politics. Much of the rest of world BELIEVES what it wants to believe, regardless. Unfortunately, that is no solution for concrete problems.

That is why critical thinkers ultimately always run the show. They are the only ones RATIONALLY examining contemporary issues as problems to be solved, not as battles of political dogma. To obtain that skill status, a legal education via the Socratic Method is a great help.

Born in Europe: The Ph.D.: Are Doctoral Dissertations a Waste of Time? PhDs as Cheap Labor: The Economist Analyzes The Disposable Academic

A recent article at the Economist, Doctoral degrees: The disposable academic, alerts us to the fact that:
"PhD students are cheap, highly motivated and disposable labour."
That knowledge was confirmed already 10 years ago by Chris M. Golde and Timothy M. Dore in At Cross Purposes: What the experiences of today's doctoral students reveal about doctoral education.

There is no doubt: the value of PhD programs and dissertations is questionable and greatly in need of reform.

What has happened to the academic doctorate in our day in age, and is "doctoral research" largely a waste of time?

After all, the more progressive professional doctorates dispensed with the need for research dissertations years ago. Is there any supportable value in terms of academic efficiency to superfluous doctorates copiously and subserviently footnoted to alleged authorities or are they merely drone theses that ultimately simply wind up in the archives, read only by exam referees? As James Frank Dobie (1888–1964) wrote:
"The average Ph.D. thesis is nothing but a transference of bones from one graveyard to another."
One of the problems is that the historical development of "academic" university degrees is understood by few, and surely not by many Ph.Ds, some of whom ignorantly even tout the superiority of research doctorates to law degrees, showing that human stupidity may be infinite, ala Einstein, who quipped:
"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe."
We might as an academic "refreshment" consider that the word "doctor" is rooted historically in the Latin docere, meaning "to teach".

Indeed, doctorates as university degrees all started with the law:
"In Europe the first academic degrees were law degrees, and the law degrees were doctorates. The foundations of the first universities were the glossators of the 11th century, which were schools of law [in a specific sense]. The first university, that of Bologna, was founded as a school of law by four famous legal scholars in the 12th century who were students of the glossator school in that city [The Four Doctors of Bologna: Bulgarus, Martinus Gosia, Jacobus de Boragine and Hugo de Porta Ravennate -- see also Glossators, with a connection to ecclesiatical usages, such as Canon Law, the law of the Church].
Furthermore, as things progressed:
"The naming of degrees eventually became linked with the subjects studied. Scholars in the faculties of arts or grammar became known as "master", but those in theology, medicine, and law were known as "doctor". As study in the arts or in grammar was a necessary prerequisite to study in subjects such as theology, medicine and law, the degree of doctor assumed a higher status than the master degree. This led to the modern hierarchy in which the Doctor of Philosophy (Ph.D.), which in its present form as a degree based on research and dissertation is a development from 18th and 19th Century German universities, is a more advanced degree than the Master of Arts (M.A.). The practice of using the term doctor for Ph.Ds developed within German universities and spread across the academic world."
Law led, the rest followed. Nothing has changed.

Monday, June 27, 2011

Dear Subscribers: Ignore Previous Data-Mining USA Court Case Posting

The previous subscriber posting -- now deleted -- about a pharmaceutical data-mining court case in the USA was published inadvertently to EU Pundit during the drafting stage by hitting a wrong keyboard button by mistake and should be deleted.

If interested, you can view the full final posting at LawPundit at:

Sunday, June 26, 2011

EU Internet Cookie Law Opt-Out Option Deadline: European Union Companies Given One Year by EU Commission to Standardize Cookie Tracking Consent Mechanism to Protect Privacy Rights

As we previously reported at LawPundit, the European Union "EU Internet Cookie Tracking Law" came into effect on May 26 of this year (2011) via the 2009 EU Directive, protecting user privacy rights by requiring that users be informed by companies of the extent of their cookie tracking and be given the option to "opt out" of such tracking.

The practical problem of implementation has surfaced in the interim and Pinsent Masons LLP at Out-Law.com now reports that EU Commission Vice-President Neelie Kroes, who is responsible for "Digital Agenda" of the Commission, has stated that EU companies have a year to standardise cookie opt outs.

As written inter alia at Out-Law.com:
"In 2009 the EU's Privacy and Electronic Communications Directive was changed to demand that storing and accessing information on users' computers was only lawful "on condition that the subscriber or user concerned has given his or her consent, having been provided with clear and comprehensive information … about the purposes of the processing"."
In practical terms, this law could mean that EU Internet users will be confronted by dialogue boxes giving them the option to opt out of cookie tracking by any website that they visit that utilizes cookie tracking features.

Of course, after users have initially made their opt-out viz. opt-in cookie tracking choice for websites and/or web pages they often visit where "essential" tracking cookies may be necessary (e.g. log-ins, online banking, other financial transactions, etc.), the law will in fact provide increased privacy protection to those who want it against cookie tracking by websites that use "non-essential" cookies principally for data mining (an example here would be a user online search for "sofas", after which online advertisements for "sofas" would more frequently be shown to that particular identifiable user by the advertising search engine or the websites he visits).

Internet cookies are of course not prohibited and an opt-out is arguably only required for "tracking cookies" by which the identity of the user is to be traced. The opt-out rule could however lead to the paradox that a special cookie may be required to record the specific user's opt-in or opt-out choice (!).

Otherwise, the user will have to opt-in or opt-out of cookie tracking every time he visits a cookie tracking website. It will be interesting to see how the industry tackles and solves this problem.

UPDATE:

I have just downloaded the Mozilla Firefox 5 browser and it has a privacy option check button that reads "Tell web sites I do not want to be tracked". That looks like a more global solution to the opt-in opt-out problem, though of course websites are of course not bound by this choice. That the Firefox 5 update, however, cluelessly deactivates my much-used Google Toolbar from Firefox 4 is however a source of considerable ire as the people at Firefox -- just as at Microsoft -- still do not get it that the USER should decide what he wants, not some dreamy-eyed programmer in Neverland. I am still trying to figure out how to get the old MS Paint XP or Vista version running on Windows 7 rather than the impossibly re-programmed new "ribbon version" which is as good as useless for any serious pixeling MS Paint user. When in doubt, provide the user with OPTIONS !!!