Some Say Liberals and Conservatives Have Different Core Values, and That’s What Separates Them. Is That True? 

I watched a TED Talk last week that promoted an idea that’s become popular in recent years among a certain faction of social scientists. The speaker argued that liberals and conservatives have different political views because they have different core emotional values. Liberals value openness and flexibility. Conservatives care more about vigilance and security.

When I was a young wannabe, I would have agreed. Favoring free love and legal marijuana, I saw myself as open and flexible. Moreover, I viewed my parents, and the rest of their generation, as “stiffs.” (That was the term we used.)

That pseudo-psychological assessment provided me with two levels of pride. I felt intellectually superior to my elders, and I felt proud of my willingness to tolerate them.

When I grew out of childhood, I had to abandon childish things. Including that specious sense of superiority. I continued to value openness and flexibility, but I had to give equal credit to caution and security.

I do believe that, as a group, conservatives tend to value stability and tradition. But I don’t believe they are always less open or less flexible.

As for the liberals, those I know are open in their willingness to criticize and condemn conservatives. But they are shockingly close-minded when it comes to conservative ideas.

A related myth about conservatives and liberals is that liberals are more open and flexible when it comes to sharing their wealth. In fact, all of the studies that I’ve seen (including the one below) show that conservatives give more to charity on a per capita, per income, and per net-worth basis.

A third myth about the core psychological traits of liberals vs. conservatives is that the latter promote fear to sell their political ideas, whereas liberals sell hope and optimism. But, once again, the evidence doesn’t support this claim. A recent example is the political response to the pandemic. In that case, it was the liberals selling fear and the conservatives arguing against it.

Those are the facts. And that’s how I see it. Let me know your thoughts. In the meantime, click here for another TED Talk I watched not long after watching the first one. This one, I thought, was a bit broader in topic, deeper in thoughtfulness, and generally more interesting.

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How Political Ideology Influences Philanthropy 

Many issues seem to divide Democrats and Republicans, and new research has found one more: philanthropy.

According to a study I saw in The New York Times (of all places!), red counties, which are overwhelmingly Republican, tend to report higher charitable contributions than Democratic-dominated blue counties.

The study was conducted by four professors from four universities and was published in the academic journal Nonprofit and Voluntary Sector Quarterly. They used a county-by-county examination of tax returns in 2012 and 2013 as the basis of their research, and created a model to interpret the data. To focus on the effect that party affiliation has on philanthropy, they controlled for certain variables, including education, income, race, region, and religion.

The result: The more Republican a county is, the more its residents report charitable contributions.

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Toothless: The Real Effect of the Economic Sanctions on Russia 

Earlier this month, the Central Bank of Russia raised its benchmark rate from 9.5% to 20% – the highest in almost 20 years. The purpose: defending the ruble against international sanctions, which have knocked it down to its lowest point in more than 20 years.

The Biden administration is touting this as a win. The problem with that: Russia is also demanding that its customers (which include most of Europe) pay for its oil in rubles. That means the French and Germans that depend so heavily on Russian oil will have to exchange their euros at the new rate. It makes the cost to them the same as it was prior to the Ukraine invasion, and the profit to Russia roughly the same as well.

From Bloomberg: “What’s become clear is that despite an incredibly wide-ranging package of sanctions on the Russian government and its oligarchs, and an exodus of foreign businesses, the actions are largely toothless if foreigners keep guzzling Russian oil and natural gas – supporting the ruble by stocking Putin’s coffers.”

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 What is an NFT really worth? 

The tweet above was Jack Dorsey’s first NFT. In March 2021, during the early days of the NFT boom, it sold for $2.9 million.

Early this month, the owner, Sina Estavi, listed it for $48 million, promising to give half of that to charity. “Why not give 99% of it,” Dorsey quipped.

Two weeks later, the highest bid was for $280. It now stands at $12,000. If sold at that price, it would be a 99% loss in value.

Jonathan Perkins, cofounder of the NFT platform SuperRare, commented: “There has been a lot of experimentation in the space, and I think we’re running up against the boundaries of speculation.”

Greg Isenberg, CEO of the web3 design firm Late Checkout, had a different take. “This wasn’t a real sale,” he said. “There are only several buyers for something as big as this, and the listing price was unrealistic. Serious buyers wouldn’t bid on this. I didn’t.”

My take: Both comments are true.

The tweet above was Jack Dorsey’s first NFT. In March 2021, during the early days of the NFT boom, it sold for $2.9 million.

Early this month, the owner, Sina Estavi, listed it for $48 million, promising to give half of that to charity. “Why not give 99% of it,” Dorsey quipped.

Two weeks later, the highest bid was for $280. It now stands at $12,000. If sold at that price, it would be a 99% loss in value.

Jonathan Perkins, cofounder of the NFT platform SuperRare, commented: “There has been a lot of experimentation in the space, and I think we’re running up against the boundaries of speculation.”

Greg Isenberg, CEO of the web3 design firm Late Checkout, had a different take. “This wasn’t a real sale,” he said. “There are only several buyers for something as big as this, and the listing price was unrealistic. Serious buyers wouldn’t bid on this. I didn’t.”

My take: Both comments are true.

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Chateau Marmont 

Chateau Marmont is one of our favorite hotels when we’re in LA. It’s well located and provides for a bit of vintage Hollywood charm. The building is stately, large, and beautiful, hidden from the hoi polloi mucking about Sunset Boulevard by a large hedge.

What We Like About Chateau Marmont 

* Location: It’s in the center of old Hollywood.

* Design: The outside is a gothic castle; the interior décor is retro 40s.

* The bar: Classic cocktails and Humphrey-Bogart ambiance.

* The lobby: Quaint, lush, welcoming.

* The rooms: Spacious, with good views of the boulevard.

* The service: Professional and deferential.

What We Don’t Like 

I can’t think of anything.

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Shirley Jackson Strikes Back 

If you are a Boomer, you probably remember Shirley Jackson. She was the author of six novels and hundreds of short stories, including “The Lottery,” the fictional tale of an annual ritual that takes place in an American town.

The story was published by The New Yorker in 1948. It became an instant classic, anthologized widely, including in many high school texts. According to Letters of Note, “It generated more hate mail and controversy than anything ever printed in the magazine.”

Five years later, Jackson published her memoir, Life Among the Savages, a comical account of family life. It was generally warmly received. But not by all. One reader, a Mrs. White from North Bennington, VT, sent Jackson a long critique, complaining that she had wasted her time and money on the book. Jackson’s reply was short and to the point:

Dear Mrs. White,

If you don’t like my peaches, don’t shake my tree.

Sincerely,
Shirley Jackson

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Social science, according to Merriam-Webster, is “a branch of science that deals with the institutions and functioning of human society and with the interpersonal relationships of individuals as members of society.”

Or, according to Michael Kinsley, social science is an oxymoron: “Science means hypotheses you can test, and prove or disprove. Social science is little more than observation putting on airs.”

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Russell Brand is a very interesting person. Highly intelligent. Super skillful in conversation – particularly when he is being criticized. And, when the opportunity is there, maniacally funny!

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