Aviation / Current

Earth To Airbus: WTH?

What’s With Your Fly-By-Wire Programming? Yesterday a Germanwings A320, 4U 9525, crashed into the French Alps en-route from Barcelona, Spain to Dusseldorf, Germany.  144 passengers and six crew (likely two pilots and four flight attendants) were killed in the impact.  I’d normally wait for some investigators to release a preliminary statement before commenting, but I … Continue reading

Economics / History

Stagflation, 1973-1981

My previous posting, in response to the argument of Paul Krugman… [H]ere’s the thing: the era of stagflation, at maximum, lasted from November 1973, when the first oil-shock recession began, to November 1982, when expansionary monetary policy worked exactly the way IS-LM analysis said it should. Long before those 9 years were up, we had … Continue reading

History / Warfare

The Reality-Based History of the Cold War, Part 3

First-Strike Fears                 Nevertheless, by the early 1980s the chances of surviving a general nuclear exchange had dropped to zero. Moreover, the chances a regional nuclear conflict wouldn’t escalate to a general exchange were belied by Mr. VPK himself, Minister of Defense Dmitri Ustinov: Could anyone in his right mind speak seriously of any limited … Continue reading