Chart Abuse of the Day
CHART ABUSE OF THE DAY...Matt Taibbi reviews Tom Friedman's Hot, Flat, and Crowded and notes that midway through the book Friedman starts doodling on a napkin and concludes that high oil prices retard the march of freedom in petrostates:
Friedman then draws his napkin-graph, and much to the pundit's surprise, it turns out that there is almost an exact correlation between high oil prices and "unfreedom"! The graph contains two lines, one showing a rising and then descending slope of "freedom," and one showing a descending and then rising course of oil prices.
Friedman plots exactly four points on the graph over the course of those 30 years. In 1989, as oil prices are falling, Friedman writes, "Berlin Wall Torn Down." In 1993, again as oil prices are low, he writes, "Nigeria Privatizes First Oil Field." 1997, oil prices still low, "Iran Calls for Dialogue of Civilizations." Then, finally, 2005, a year of high oil prices: "Iran calls for Israel's destruction."
....If you're going to draw a line that measures the level of "freedom" across the entire world and on that line plot just four randomly-selected points in time over the course of 30 years — and one of your top four "freedom points" in a 30-year period of human history is the privatization of a Nigerian oil field — well, what the fuck? What can't you argue, if that's how you're going to make your point? He could have graphed a line in the opposite direction by replacing Berlin with Tiananmen Square, substituting Iraqi elections for Iran's call for Israel's destruction (incidentally, when in the last half-century or so have Islamic extremists not called for Israel's destruction?), junking Iran's 1997 call for dialogue for the U.S. sanctions against Iran in '95, and so on. It's crazy, a game of Scrabble where the words don't have to connect on the board, or a mathematician coming up with the equation A B -3X = Swedish girls like chocolate.
I think I've mentioned this before, but I sure hope Taibbi never decides to take a sudden dislike to anything I've written.