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Division of Labour: Politics Archives
April 12, 2012
Protecting the Politicians or the Citizenry? c. 1912
From the April 12, 1912 NYT: Citizens of this town [Washington, DC] who carry any deadly weapon hereafter will be liable to penitentiary sentence or fine, or both, by terms of a bill passed in the House to-day. Any Washingtonian who has a pocketknife with a blade more than three inches long comes within the provisions.
March 14, 2012
Koch v. Cato
I have a long-standing relationship with the Cato Institute. They have been partners on the publication of the EFW index since 1996. I have published a couple articles in the Cato Journal, and students of mine have interned there. On a personal level, I am pleased to call many current and former Cato staffers my friends. I have also developed a relationship with the Charles Koch Foundation in the last few years, which helped fund my research at Auburn and now SMU. I have lectured for the Koch Associates program. Students of mine have worked for the Foundation. I recently shot two short videos with their assistance. On a personal level, I am pleased to call many current and former Koch staffers my friends. So I am saddened by this whole thing on many levels. Like a lot of people, I wish this wasn't happening. But it is. I don't understand the animosity between the Kochs and Ed Crane, though I certainly understand the loyalty of the Cato folks to Ed Crane, who has championed liberty for so many decades. Personally, I don't care who "wins" this battle though. I am however worried about the damage being done to the libertarian movement, especially by the rhetoric on the part of the Cato supporters. They claim the "independence" of the Cato Institute is threatened by the Kochs. Do they not realize that each time they make this claim, they (a) INSULT friends at GMU, Mercatus, IHS, and hundreds of scholars elsewhere (like me) who have benefited from Koch Foundation assistance but who do not feel any loss of independence in their own research agendas?, and (b) provide fodder for the Left's tired (and untrue) claim that we are all just corporate stooges? Go ahead and defend your boss and your jobs if you must, but in doing so, don't call into question my independence.
March 01, 2012
Losing the Blues
Walter Russell Mead on the demise of the "blue model": "It took me a while to see it, but since the 1980s I’ve come to understand that the shift away from blue is not all loss. The blue model was a very comfy couch, but there is much more to do in this world than watch Simpsons reruns while eating chips."
December 26, 2011
Unicorns found?
Paul Gregory's inconvenient arithmetic: "Millionaire tax filers earn $221 billion – almost a quarter of a trillion — from business and professions, partnerships, and S-corporations. This is puzzling: If Harry Reid’s figure is correct (2,361 millionaire businesses), then the average millionaire-owned business earns almost a hundred million dollars, and [they] do this without hiring anyone. These super heroes do their own typing, selling, drafting. public relations, building, and manufacturing. They do not need employees. Remarkable!"
December 01, 2011
Public Sector Millionaires
From an article by Manhattan Institute's Lawrence Mone: That is, if they had to fund their retirements from their own savings, they’d have to set aside seven figures today.
November 12, 2011
An Outrage, If Accurate
According to this post, the Michigan SEIU recieves about $6 million per year from caregivers who receive Medicaid. "For the SEIU, this makes them public employees and thus members of the union, which receives $30 out of the family's monthly Medicaid subsidy. The Michigan Quality Community Care Council (MQC3) deducts union dues on behalf of SEIU."
November 09, 2011
A Quick Take on the 2011 Elections: There is no Quick Take
If one theme emerged from Tuesday's off-year mid-terms, it is that there is no obvious theme or narrative. Let us start with ballot issues. Apparently voters have had enough of Republican efforts to make it harder to vote: Maine voters by a 60-40% margin overturned a law passed earlier this year that would have ended same day voter registration. Or apparently voters remain quite concerned about voter fraud and willing to impose modest restrictions on the ease of voting to address the issue despite protests from Democratic officials: Mississippians voted 62-38% in favor of a law requiring voter ID at the polls. Also in Mississippi, the right to a thrashing when a pro-life amendment defining personhood as beginning at conception was crushed, 58 percent to 42 percent. But the state's voters also passed a law vastly restricting the use of eminant domain by a ridiculously lopsided 73 percent to 27 percent margin. Meanwhile, Ohio voters swung back to the Democrats, delivering a crushing 61-39% defeat to a law, passed earlier this year by the Republican dominated legislature, trimming government employees collective bargaining rights. Or maybe they didn't - Read More »
October 14, 2011
Is Obama's new attack style working?
In a column today in the Washington Post, Charles Krauthammer excoriates President Obama's new style of more aggressively "scapegoating" Republicans and "the rich," and giving succor to the OWS crowd. But while Krauthammer calls it "dangerous," he concludes, "it's working." Is it? In it's August monthly poll, Gallup showed the President leading a generic Republican by 45-39%. On September 8, the President kicked off his re-election campaign with his call for the "American Jobs Act," (the AJA) and spent the next several days pushing for it. Gallup conducted its September monthly from September 8 through the 11th. The result: Generic Republican led the President by 46% to 38%. In late September, Occupy Wall Street began to garner attention - it crowded the Brooklyn Bridge on the last weekend of the month and has been almost non-stop in the news since. But Gallup's October poll, released today, shows a generic Republican leading the President by 46-38% - exactly the same as a month before. Amongst Independent voters, the generic Republican edge has grown from 40-35% in August to 43-30% in October (though down slightly from September). When he gave his AJA speech in September, Obama's average approval was 43.8, per Real Clear Politics. Today it stands at 43.6, though with a slight uptick in the last week - almost entirely the result of a surprisingly strong (for the President) poll from Rasmussen, the pollster liberals love to hate. The most recent polls from other pollsters in the field since OWS briefly seized the Brooklyn Bridge, compared to their prior poll, show him down in Gallup, flat in Ipsos/Reuters, down in ABC/Washington Post, and down in Fox New. Meanwhile, the old "right track/wrong track" numbers have reached a ridiculously (and historically) bad 17-76%. That's slightly worse than the 19-74% split at the time of his AJA speech, and down from 21-72% when OWS seized the Bridge. These small declines are probably just statistical noise, but they certainly don't show OWS or the President moving the needle. The President's numbers against his specific possible Republican opponents, however, remain stable. In September, as in August, he was competitive, with slight leads or slightly behind, depending on the particular match-up. The latest round of such polling (by Gallup) should be out soon, and we'll see how he looks then. He'll also have a huge cash advantage over his GOP opposition, and by February if not sooner we should expect to see that money being deployed to bash Republicans. So the President remains a formidable opponent. But that's because of his cash advantage, and the weakness of the GOP field. There's no sign - yet anyway - that his new style is moving things in his direction.
October 13, 2011
In a nutshell
George Will provides this summation of the "message" (he dignifies it by calling it the meta-theory) of the Occupy Wall Street bunch: Washington is grotesquely corrupt and insufficiently powerful.
September 27, 2011
Unlike
Changing layouts, sharing private information, meh. Didn't get my dander up. But I'm seriously considering typing a snarky status update to register my displeasure about the following: Facebook filed paperwork Monday to form a political action committee called "FB PAC," CNN has learned. Don't bother clicking the link; I copied the whole story. If you or someone you know has been personally affected by the high prices due to influence peddling among special interest lobbyists, post this to your status for one hour.
September 21, 2011
Obama: Most economically ignorant president ever?
I've been saying for some time that Barack Obama is the most economically ignorant president since Zachary Taylor, but I increasingly fear I've been doing the general a disservice. It's not just erroneous economics, but sheer ignorance of markets and economics. You see it in periodic comments of the President. Perhaps the most famous came when he said that ATMs and airport ticket kiosks lead to unemployment: “When you go to a bank you use the ATM, you don’t go to a bank teller. Or you go to the airport and you use a kiosk instead of checking in at the gate.” (An interesting tidbit - do a Google search for this - you'll see the comment was more or less uncommented upon in the "mainstream media.") He's used this a couple times, here also blaming internet travel sites. But there have been numerous others, as when he explained that auto companies had to make more electric cars in order to satisfy the market. This showed a titanic ignorance of how markets work, the President apparently of the belief that "the market" was what a central planner decided was needed, not what consumers actually wanted. He shows know concept of consumer preference, the subjective value of goods and services, or even the role of prices in providing information to firms. Now comes this quote from Ron Suskind's book, Confidence Men: "Both [Chair of the Council of Economic Advisors Christina Roemer and National Economic Council Director Lawrence Summers] were concerned by something the President had said in a morning briefing: that he thought the high unemployment was due to productivity gains in the economy. Summers and Romer were startled. “What was driving unemployment was clearly deficient aggregate demand,” Romer said. “We wondered where this could be coming from. We both tried to convince him otherwise. He wouldn’t budge.” So our President really does think productivity is bad for the economy. As economist Scott Sumner says, "So for 200 years rapid productivity growth didn’t cause any serious unemployment problems in America, but now, right after NGDP collapses, we are to believe it is producing mass unemployment, even though recent productivity gains have been rather low. I’m at a loss for words. We elected a Luddite as President of the United States."
September 13, 2011
More on tolerant conservatives
For a long time, I've noted that conservatives and libertarians live happier, more active lives than liberals, and are generally more tolerant. (Yes, that anonymous friend is me). I have also long noted that in my experience, conservatives are, on the whole, more tolerant than liberals. These observations cut heavily against the typical liberal's sense of self, but it really makes sense, if you think about it. The core of conservatism, no less than Ronald Reagan used to say, is libertarianism - the live and let live philosophy. And equally at the core of libertarianism is a tolerance for lifestyle choices. Liberals and hippies and free love types and survivialists and all kinds of crazies can move to Vermont or New Hampshire or Idaho, and the flinty natives just accept them (with the immigrants gradually changing the political culture of the two former states to match their intolerant liberalism). Modern liberalism, by definition, seeks to impose its will on individuals, largely in the belief that it can perfect society through politics. This doesn't mean that they are bad people. And perhaps we should be more intolerant. (In fact, that's the argument that my liberal friends routinely give me when I point these things out, although they don't put it in those terms - instead the argue, for example, about the evils of smoking, or paying people less than the minimum wage, or making racist comments, or the dangers of owning a gun, etc. etc.). It's modern liberalism that imposes smoking bans, and mandates speech codes, and so on. I say "and so on" because I am off on a digression. My point was simply to note that evidence continually trickles out for the proposition that I routinely observe - liberals are less tolerant of differing beliefs than conservatives. The latest comes from Match.com, which has been running algorithms on their members in order to better match people. One result: says Amarnath Thombre, Match.com's lead researcher, "the politics one is quite interesting. Conservatives are far more open to reaching out to someone with a different point of view than a liberal is." I leave it to the more highly trained economists here to explain the dynamics of dating and mate choice.
September 04, 2011
Some early electoral college math
In 2008, John McCain won 173 electoral college votes. It is very difficult to imagine any state that voted for McCain in 2008 not supporting the GOP candidate in 2012. So that means the GOP nominee has to swipe 97 votes from the Obama column to win in 2012. Where might they come from? Read More »
August 31, 2011
Color Blind
The irony is just too good: The Davis-Bacon Act, designed to anti-Black (see here), turns out to be anti-Green (see here).
August 13, 2011
Iowa Straw Poll: Dumbest Event in Politics
It's hard to imagine a dumber event in American politics than the Iowa Straw Poll. Or more precisely, it's hard to imagine anything dumber in American politics than the attention paid to the Iowa Straw Poll.
Read More »
July 19, 2011
Apology accepted, Mr. Murdoch. Now how about Bush and Obama?
Lopez: "A professional clown sneaks in and throws a pie in Rupert Murdoch's face. He'll go to jail and have a record. And he'll be immortalized among that wacky society known as comedians. Surprised no one's done it before. I abhor it, of course." Lawson: "I just don't understand our world. Our government, complete with guns, electric chairs, and prisons, can snoop, hack, bug, and pry with impunity and NO ONE CARES. A few reporters, armed with mere pens, do it and it's apparently the moral crisis of our age?" Lopez: "I'm reminded of George W. Bush's insistence, to unseemly lengths, in 2004 that he had the right to listen to anyone's conversations. And he got re-elected for it. Below is a paste of a Glen Greenwald piece in Salon from last month. It's got to be one of the most vivid examples of lawyers upholding the rule of law, and shows where the line is drawn for giving impunity to people acting in their official capacity. It's just drawn way too far out. The Murdoch situation shows us that. These lawyers, evidently despite political loyalties, were keeping the President from abusing his powers. “Comey explained that, in 2004, shortly after he became Deputy AG, he reviewed the NSA eavesdropping program Bush had ordered back in 2001 and concluded it was illegal. Other top administration lawyers -- including Attorney General John Ashcroft and OLC Chief Jack Goldsmith -- agreed with Comey, and told the White House they would no longer certify the program's legality. It was then that Bush dispatched Gonzales and Andy Card to Ashcroft's hospital room to try to extract an approval from the very sick Attorney General, but, from his sickbed, Ashcroft refused to overrule Comey. Bush decided to reject the legal conclusions of his top lawyers and ordered the NSA eavesdropping program to continue anyway, even though he had been told it was illegal (like Obama now, Bush pointed to the fact that his own White House counsel (Gonzales), along with Dick Cheney's top lawyer, David Addington, agreed the NSA program was legal). In response, Ashcroft, Comey, Goldsmith, and FBI Director Robert Mueller all threatened to resign en masse if Bush continued with this illegal spying, and Bush -- wanting to avoid that kind of scandal in an election year -- agreed to "re-fashion" the program into something those DOJ lawyers could approve (the "re-fashioned" program was the still-illegal NSA program revealed in 2005 by The New York Times; to date, we still do not know what Bush was doing before that that was so illegal as to prompt resignation threats from these right-wing lawyers).”
May 12, 2011
FSU gets "Koched"*
Well, another muckraking journalist attacks the Charles G. Koch (CGK) Foundation, this time for its support of FSU's economics department.** Here are the facts of the matter stripped down to the basics: (1) FSU wants to hire new faculty in an area in which they have built up a 20+ year international reputation with Gwartney, Benson, and Holcombe et al., but resources do not exist to do this. Oooooooo. Yeah, sure "smells" to me. It smells about as much as when I was at Capital University and some donor gave us money for "service learning" and all of a sudden we were told we had to hire faculty in that area and approve new courses and curricular changes to accommodate this donation. Funny, I don't remember the outcry about academic freedom there. Pay attention the next time a foundation offers a university money for (say) lung cancer research. I guarantee you won't see a story about how THAT violates academic freedom. Why not though? How dare the donor "dictate" that we study lung cancer instead of breast cancer! Nope, you won't see that story. The ONLY reason this is a story is because the left doesn't like the ideas that Koch supports (and much of the FSU econ department supports). It is increasingly obvious to me that these tiresome stories are part of a well-planned effort on the part of the left. I guess it is easier to yell corruption than it is to actually engage the ideas. The only test for whether a university should accept a donation is (1) if the faculty in the area support the idea and (2) if the donation supports the teaching/research mission. The CGK gift to FSU passes both tests. If some people don't like it, then that's just tough. Telling the economics department that they can't raise funds to support programs that they want? Now that would violate academic freedom! * Title reference here. **Full disclosure: I have been a direct and indirect recipient of CGK Foundation funding, and am a graduate of FSU's economics program.
May 05, 2011
The perfect way to observe Marx's birthday (today)
Listen to this lecture by Alan Charles Kors, titled "Can There Be an 'After-Socialism'?" Update: Professor Kors gave substantially the same lecture at Clemson this semester, which can be viewed here. (Thanks to Eric Daniels, of the Clemson Institute for the Study of Capitalism, for pointing this out.)
April 24, 2011
Poisoning the Grass Roots
I second Frank's offering of kudos to Dan Alban and IJ. This article from The Economist reports other IJ work: "All states regulate professional lobbyists: ie, paid agents who communicate directly with politicians in the hope of swaying them. Fair enough. But a new report from the Institute for Justice, a libertarian group, reveals that 36 states also impose restrictions on "grassroots lobbying' ...." Also from this article: The first sentence of the Massachusetts guidelines for grassroots lobbyists is but a whisker shorter than the Gettysburg address and comprehensible only to a lawyer. Small groups cannot afford lawyers. Yet a few states even threaten criminal penalties for breaking the rules. In Alabama, the maximum sentence is 20 years in jail. See Richard Epstein on the implictions of passing laws that are not consistently applied.
March 27, 2011
Early evidence shows benefits of Citizens United, SpeechNow.org decisions
The early evidence continues to support the wisdom of the Supreme Court's decision in Citizens United v. Federal Election Commission, and other recent court decisions striking down campaign finance regulations on First Amendment grounds, most notably SpeechNow.org v. Federal Election Commission. I discuss the latest bits of data here.
March 08, 2011
On the Southern Border c. 1911
Consider these headlines from a story in the March 8, 1911 NYT: Here are the opening paragraphs: The United States is making a move as to Mexico that looks like a potential interference in the affairs of that country, though it wears the official aspect of a military mobilization test. Nearly 20,000 troops, or practically one-fourth of the entire United States Army, including the forces in the insular possessions, were last night and to-day ordered to entrain for points near the Mexican boundary. Wow.
February 24, 2011
This is just from memory, but a story on the local radio news program this morning talked about how the Louisiana Federation of Teachers is against business tax cuts in the current budget. They played a clip of the head of the AFT saying that, since the tax cuts "cost the state" some tax revenue, schools "may have to lay off employees" (emphasis mine). This seems odd to me since the BLS shows the number of mass layoffs in Louisiana in 2008, 09, and 10 as greater than zero each year. So even though many businesses in Louisiana (and the rest of the country) are struggling, laying off workers, or closing entirely, that is less significant than the possibility of schools laying off workers.
February 22, 2011
The plight of the (Wisconsin) refugee
Today my heart bleeds for the dispossed refugees fleeing a brutal dictator. At least that's what some liberals are calling Wisconsin's elected governor, Scott Walker. Fleeing this brutal dictator (their words) are Wisconsin's 14 Democratic state senators. As is now well known, all 14 have fled the state, depriving the legislature of a quorum needed to conduct budget business. But it's not easy being a legislator on the lamb. Check out the sad reports in this unintentionally humorous article from the Los Angeles Times. "It's sort of like being a refugee," said runaway Senator Spencer Coggs. Indeed, and we know how hard it is to be a "refugee." "'Each day brings its own challenges,' Sen. Spencer Coggs said by telephone. 'Somebody will need an electric shaver or somebody will need provisions.'" Oh the horrors! The Times reports that Coggs has had to purchase more underwear, socks and T-shirts. Thank heavens there are so many non-union Walmarts around. We'd hate to see Senator Coggs unshaven, let alone in day old underwear. As so often happens in crowded refugee camps, medical care is hard to come by. Reports the Times, "Sen. Julie Lassa needed more contact lens solution." "The senators have gone into survival mode in Illinois, doing small loads of laundry and eating 'whatever we can get our hands on,' said one senator." One can envision the senators, scrounging from garbage cans, slaughtering their dogs and horses, leaving them to pull their carts by hand. Fortunately, they are aided by "relatives and staff who trek across the border." Trek mind you. You know, that arduous jaunt down I-94 and I-39 (hey, don't laugh - ever drive I-94 at rush hour?). Oh, the humanity!
February 04, 2011
No Quixotes!
Damn! Munger v. Google has such a nice ring to it. But it was rejected by the NC Supreme Court. Read More »
February 03, 2011
Citizen Threatened for Being Too Smart!
I would have thought the oppressive apparatus of the state could no longer surprise me with its never-ending creativity. But...I am surprised, by this. The NC DOT did an engineering study of a local road widening project, and concluded that no new signals were required at two intersections. A citizen, David Cox, had the gall to disagree. He did some research, and put the research in the form of an organized argument. The state could have responded by ignoring the request. Or the state could have pointed out the errors in the study. (I myself have no position on the merits; haven't studied it, don't know the issues). But the state engineer instead threatened the citizen with legal action... for... being smart! They investigated charging him with "practicing engineering without a license." Yes, really. The state DOT head engineer, Kevin Lacy, did not dispute the facts, the analysis, or the conclusions of the report. All he did was try to get the report dismissed because it was "engineering quality work." Read that again: the citizen made a petition to government for redress of a grievance, and the state wants to prosecute the citizen because the quality of the analysis is too high. (If the petition, redress, etc. thing sounds familiar that's because it is a right guaranteed in the 1st Amendment). Read More »
Good one from my hometown newspaper
February 01, 2011
On government and the hat pin c. 1911
There were two hat-pin stories in the Feb. 1, 1911 NYT. The first from Boston: "If I should carry a fish knife as long as this I would be arrested as a dangerous character," said Representative Newton to-day, holding up an eighteen-inch hatpin to the Legislative Committee on Legal Affairs, before which he appeared in support of a bill to limit the length of hatpins.I am not sure the "fish peddler" was intended to make people feel that Mr. Newton had more or less authority to speak about fish knives, hatpins, or anything in general. It seems a bit odd - but maybe representatives in 1911 still called themselves something other than a politician? The second story pertains to New York: The Aldermen voted down yesterday, by 37 to 29, the proposed city ordinance to restrict the length of women's hatpins. Alderman Alexander S. Drescher of Brownsville, who introduced the measure, made a hard fight for it, and was supported by Republican members of the board, but the Tammany opposition was too strong. The ordinance fixed a penalty of $50 for wearing a pin protruding more than half an inch from the crown of a hat.I guess the machine was good for at least one thing. Mr. Dowling continues: "The way to get at this matter is to have the Legislature pass a bill prohibiting the sale of long hatpins. The next thing you will want to do will be to pass an ordinance to make a man wear mufflers over his ears so that he cannot hear any one asking him to have a drink. It is the most ridiculous ordinance I ever heard of.Drat!! Here, but not here,I sarcastically suggested that going after hatpin manufacturers was exactly where this was headed. Perhaps it still will sometime in the future, but I don't peak ahead so as not to ruin the surprises of opening up last century's paper to the day. But I digress a bit. Mr. Dowling brings it home: "How can we regulate the dress of women? I don't believe in passing a law to prohibit a woman from keeping her hat on."And women never influenced politics before given the ballot - yeah, right.
January 31, 2011
On license plates c. 1911
I wonder why the state is involved with auto licensing. It would seem that many of the things the state wants - tax revenue, ability to track automobiles (on behalf of both the state and individuals), and so forth - could be privatized. If it could be (and perhaps it has been and I am just not aware of it) then why not? I haven't had a lot of time to think this through, but the thought was brought back to the front of my mind while reading this op-ed piece from the Jan. 31, 1911 NYT: Yet another addition to the "things never change" drawer.
January 27, 2011
Un Discurso de postre
Mi amiga linda Carolina gives me a chance to talk about the SOTU in El Mercurio. And she quoted me accurately, because I did say "Fue un discurso 'de postre': dulce cuando lo estás comiendo, pero después te sientes con sueño y algo lento y te preguntas qué había en él", añadió. That is, "It was a dessert speech: sweet while you were listening, but afterwards you felt all sleepy and sluggish, and wondered what was in it."
January 25, 2011
Someone needs to call Diebold
A friend on facebook linked me to this: "There's times when we don't break for lunch, and we don't break for dinner, we don't have bathroom breaks..." It would seem an obvious solution, rather than vote fraud, would be to stop passing so much legislation. I'm sure there's a dissertation here. Public choice scores again.
January 04, 2011
David Stockman Interview
The former Congressman talks to Reason.tv's Nick Gillespie on Austrian Economics, tax cuts, TARP, and Ronald Reagan.
December 23, 2010
Final National Congressional Vote Totals
Courtesy of Richard Winger's Ballot Access News, we now have the final national vote totals for the U.S. House of Representatives in the fall election. Here we go: Read More »
December 21, 2010
On the rationally ignorant voter c. 1910
From the Dec. 21, 1910 NYT: NORTH ADAMS, Mass. - After many years in the license column, this city, at the annual election to-day, swung over into the no-license ranks by a majority of 1 vote. The result was a general surprise for the city has so long had a "yes" majority that it was looked upon as "safe," and there had been little work done to get out the voters on either side. Just to clarify, the city voted to go "dry," I am sure to the utter shock and amazement to the good folks who were in the bar while the polls were open. And 90 years later the Simpsons will parody this: Kent Brockman: "The controversial bill passed by only a single vote." More on rational ignorance and non-voting
December 13, 2010
I swear I don't make this stuff up c. 1910
Reading the paper from 100 years ago often makes me feel like I have run down a rabbit hole where sixes are sevens and some things are backwards but almost everything is sadly familiar. Take this op-ed from the Dec. 13, 1910 NYT:
Really? This is how far we have come in 100 years?
December 09, 2010
On Campaign Financing c. 1910
A report in the Dec. 9, 1910 NYT provides an interesting contrast to today's campaign financing: That the race is not always to the rich nor the battle to the well-heeled appears in the statements filed to-day with the clerk of the House of Representatives by the Republican and Democratic Congressional Committees, showing the expenses of each during the recent campaign. It cost the Democratic committee $27,771 to gain the next House, and the Republicans $74,373 to lose it. As Camp Clark observes, the Republicans seem, comparatively speaking, not to have "got their seed back." The folks over at eh.net provide the following conversions to 2009 dollars: $27,771 = $647,000
November 22, 2010
Libertarian Party Founder David Nolan Dead at 66
David Nolan, a founder (arguably the founder) of the Libertarian Party passed away yesterday at age 66. The Libertarian Party was founded in Nolan's Colorado home in December, 1971. Although the Party has never made a breakthrough in American politics - it's high point probably came in 1980, when presidential candidate Ed Clark received 1.1 percent of the national vote and two Libertarians were elected to the Alaska state legislature - most libertarians have, at some point, had contact with the Party, and many have voted for or more actively supported its candidates. Nolan's other claim to fame may be his invention of the "Nolan Chart," now, in somewhat revised form, frequently referred to as the "World's Smallest Political Quiz." Nolan developed the chart to better capture electoral/political philosophies than the traditional "left/right" paradigm used by most commentators. One can read more on Nolan here. R.I.P.
November 18, 2010
What is seen and what is not seen
Louisiana film tax credits aren't paying their way, researchers find
November 12, 2010
More federal workers' pay tops $150,000
From USA Today (via the Atlantic Wire and Instapundit):
The news story brings to mind this recent cartoon from the Rome News-Tribune's Mike Lester:
November 03, 2010
Election Wrap Up: What Happened in the States
[Note: federal results are reviewed here]. *[This post was updated on November 6.] In addition to a very good night in federal races, including the best Republican showing in the U.S. House since the election of 1946, Republicans did very well in the states on Tuesday, picking up hundreds of state legislative seats and gaining control in numerous state legislative chambers. This will not only influence policy, but also will strengthen Republicans in redistricting, and provide a larger "farm team" of candidates down the road. The run down - including such important but under reported races such as Attorney General and Secretary of State, is below the fold. We'll have one more long post, on state ballot initiatives, later in the week. Read More »
Election Wrap-up, Federal Races.
Well, it was a big night for political junkies. Soon enough we should worry about what it means for policy, but first, let's find out who, and what, won. In this post we'll review the federal races. A later post will cover what's happened in the states, which may be more interesting because it's harder to find! Go below the fold for more. Read More »
November 02, 2010
Election Day 2010: Read, Watch, Listen
On this election day, here's something to... 1. Read. My paper with Mike Hammock in which we apply some of the insights of Bryan Caplan's The Myth of the Rational Voter to environmental issues. 2. Watch. The Public Choice Society Symposium in Caplan's book from 2008. 3. Listen to. An EconTalk podcast with Caplan in which he discusses the book.
October 20, 2010
Mike Lester on the Constitution
Glenn Reynolds's comment "that to the credentialed-instead-of-educated, the Constitution is a wish-fulfillment device rather than, you know, an authoritative text" reminded me of this recent Mike Lester cartoon in the RNT (though I think it would be more accurate to say that the left and right view different parts of the Constitution as rocks and lava lamps).
October 07, 2010
Is raising taxes on "the rich" inherently good?
Jonathan Cohn's column in today's New Republic leads off with an assertion that I hear frequently these days, and one that I think provides a good bit of insight into the soul of modern, mainstream liberalism. Cohn writes that a Republican controlled Congress would "obviously not good news for liberals or for liberalism. The Republicans will try to slash taxes for the wealthy, shrink the federal government, and repeal major legislation starting with health care reform." Now, I can understand why one might think that "shrink[ing] the federal government" is an obviously bad thing, though I wouldn't agree. One might feel that we need a strong, active, federal government. One might openly favor a move toward a more social-democratic state. And so on. Similarly, if one favored Obamacare, one would see its repeal as inherently bad. But why is there such a widespread view on the left that "slash[ing] taxes for the wealthy" is self-evidently bad? The idea is that high taxes on "the wealthy" (whoever they are) is an inherently good thing. I would think have thought that everybody would have agreed that in the dream world, low taxes on everybody would be a good thing. Of course, the reality is that the world is full of tradeoffs. But the assertion that higher taxes on "the wealthy" is rarely tied to any tradeoff. Perhaps liberals view it as self-evident, and therefore implicit in the statement, that higher taxes on "the wealthy" bring in more government revenue and that revenue can be spent on valuable things. But that's not really what they say. Do they view it as self evident that higher taxes on "the wealthy" will always bring in more revenue? The evidence doesn't support that as a universal proposition, although certainly it often can lead to greater government revenue. Do they see it as a given that higher taxes on "the wealthy" will lead to a healthier economy? Sometimes that might be true, but there's certainly no evidence of that as a general proposition - if anything, the evidence seems to suggest that in most cases lower taxes on "the wealthy" will lead to greater economic growth. And it strikes me, again, that the default position for normal people of good will would be that it is always better, all other things equal, to leave people in possession of the fruits of their labor. This is not a "no taxes" position. I am merely suggesting that higher taxes, among people of good will, must always be justified. The only way that one can really see higher taxes on "the wealthy" as an acheivement in and of itself, independent of its actual effects, is by an appeal to envy. "The wealthy" have more, and we want to take it from them. Leaving them with less is ipso facto a good thing. It strikes me as strange - and as a very bad thing - that this view can be stated so openly and cavalierly, and with so little push back.
September 08, 2010
"They talk about me like a dog." Er,...
The President says that his critics "talk about me like a dog." I just want to be clear that I never talk about the President like I talk about my dog.
Transantiago
In 2008 I wrote this piece on Transantiago, in Chile. Just did this update. (Oh, and I'm afraid I have to recognize: Cards suck, Reds rule. It's killin' me, Bob)
September 01, 2010
California Cities: D Is for Disincorporate
Story here. So how is the California Senate spending its time? Debating (and ultimately rejecting) a ban on plastic bags. Of course the CA Senate might be more likely to make matters worse than better.
Obama & the Mendoza Line for Keeping Political Promises
Last night President Obama took to the tube to congratulate himself for keeping his campaign promise to end combat in Iraq (never mind that 50,000 troops remain there and that they still carry firearms and wear body armor). The president's crowing about keeping this promise is akin to a baseball player bragging about getting his batting average above the Mendoza line. There are lots of Obama campaign promises that have not been kept--closing Gitmo, not hiking taxes on people earning below $250k, posting bills on the internet for a few days before signing them--but I suppose he hopes we won't remember those.
August 18, 2010
Give Me Liberty, or Give Me Zoning!
Multiple ironies, sad threats. Now, I have been to the LSS before, myself. It is way out in the country. It is held on the grounds of a very large (40 acre) plot of land. The main structures on the plot are some outbuildings, and a legally zoned bed-and-breakfast. No one parks on the street, and nothing is visible from the street. Now, it is true that they have amplified speeches, and amplified music on Saturday night. But the local gubmint thugs are after them for: 1. Health concerns. So they had the food professionally catered, instead of cooking it on bbq grills as in the past. 2. Sanitation concerns. So they had port-o-potties brought in, in the proper ratio for such an activity, with that many people. 3. Ex post giant d*ckhead concerns about this being a permanent commercial activity. Hard to predict the ex post part, to the tune of a $50k fine. This is already a commercially zoned property, by the way, because of the b-n-b. And the Institute for Liberal Studies is a registered non-profit. The LSS breaks even, every year. What makes it commercial? If five of us split the cost of some chicken, and cook it, would that be commercial? This was less than 75 people, one event per year, for two nights. Sure, if it was every weekend, that might be commercial. But this is just thuggery. The local government is doing this because they can.
August 16, 2010
NPR understands the reason for campaign finance laws
The headline: Report: Too Much Money Going To State Court Races The punchline: Former Wisconsin Supreme Court Justice Louis Butler was the first incumbent in the state in more than 40 years to lose his court seat. Repeat after me: Campaign finance restrictions are all about, and only about, incumbent protection. [Link]
August 13, 2010
Paris in the Terror
I am always working my way through several books simultaneously - I trust I am not alone in this. One of my current reads is "Paris in the Terror" by Stanley Loomis. I read this passage earlier tonight:
The Girondins had been in "charge" for about a year before they started to lose power - eventually 21 of them would be sent to the guillotine in one day (I note that the bracketed term referring to the Girondins is Loomis, not me). The Law of Suspects was crafted by one Robespierre and seems very similar to the laws of other authoritarian systems. The "means of support" clause seems to be aimed at Danton (Robespierre's main rival for control) who, it was suspected, had been taking a little extra from the government till. However bad the preceding "law" seems to be, it gets worse: The third article in this list was particularly odious. It stated that persons who had not received "good citizenship certificates" from their local Section leader were also to be considered suspect.Now, students of public choice should be able to fill in what comes next. The remainder is below the fold: Read More »
July 15, 2010
The Forensic Economics of Rent Seeking in Action
From the politics section of the WSJ. Senate VIP Loans Mount. Countrywide Dealt With More Lawmakers and Staffers Than Previously Known July 15, 2010 Full story (ungated). Stay tuned...
July 13, 2010
Building Brand Equity: Crazy in Alabama?
My new Forbes piece considers the question I raised in a letter to the Birmingham News last week.
July 07, 2010
The Rent Seeking Society
From Ronald Bailey in Reason: The nonprofit Center for Public Integrity reported in March that an “analysis of Senate lobbying disclosure forms shows that more than 1,750 companies and organizations hired about 4,525 lobbyists—eight for each member of Congress—to influence health reform bills in 2009.” Lobbyists for unions opposed taxes on gold-plated health insurance plans; lobbyists for doctors opposed cuts in Medicare reimbursements; a lobbyist for Dunkin Donuts opposed a soda tax to pay for health care reform; and a Cigar Association lobbyist fought a tobacco tax. Hope and change!!
July 05, 2010
Should Alabama's 7th Congressional District Secede from Alabama?
My mother-in-law directed me to this story a few days ago: an Alabama politician has been looking into what it would take for Greene County (and the seventh Congressional district) to secede from Alabama and form its own state. The 7th district covers the University of Alabama and parts of Birmingham. I doubt those areas would go, but if the seventh district seceded, it would create a state roughly the size of New Jersey with a population larger than Wyoming's. If only the Black Belt counties seceded, they would still have a higher population than Wyoming (it would split the rest of Alabama into non-contiguous chunks, though). I sent the following letter to the Birmingham News: "The push for the 7th Congressional District to secede from Alabama isn't as crazy as it sounds at first. To put things in perspective, there are about 4.7 million people in Alabama. In 1790, there were about four million people in the entire United States. A quick search suggests that the 7th Congressional District had about 635,000 people as of the 2000 Census, which would have made it one of the largest states in the union just a few years after the Constitution was adopted. A lot of commentators have suggested that the political order has become too large and too unwieldy to be responsive to the citizenry; see in particular the "Secession Week" entries at www.athousandnations.com that led up to Independence Day, particularly the entry about what we can learn from the formation of the Swiss Cantons. The idea that governments would function better if the states were smaller has merit and should not be dismissed out of hand. Would secession be a wise move for the 7th District? According to the US Constitution, that's for the district itself, Congress, and the State Legislature to decide. It's certainly an idea that deserves serious consideration rather than mockery."
June 30, 2010
"Trial lawyer for Big Oil"
The Alabama Education Association is the 800-pound guerilla of Alabama politics. Long a (perhaps "the") dominant player in the state Democratic Party, the AEA is branching into this year's GOP gubernatorial race in a major way. Its objective is to try to ensure that Bradley Byrne is not the GOP nominee. Byrne's claim to fame is a fairly short tenure as head of the state's community college system, whose employees are members of AEA. Byrne was effective enough as a reformer of the community colleges that he earned the AEA's undying enmity. Now that we're in the runoff campaign, the AEA is supporting Byrne's opponent, Robert Bentley. At least, that's what appears to be happening. A series of slickly produced anti-Byrne radio ads are currently running sponsored by an outfit that calls itself the "Christian Coalition for Alabama." Their overall message is that Byrne is not conservative enough for Alabama -- which is rich, coming from the de facto teachers union. This morning I heard one that pointed out that Alabama will need to squeeze BP for big bucks, but Byrne would not be up to the job since he has been "a trial lawyer for Big Oil." What a phrase. Hearing the ad brought to mind one of my favorite H.L. Mencken quotes: "[T]he true charm of democracy is not for the democrat but for the spectator. That spectator, it seems to me, is favoured with a show of the first cut and calibre. Try to imagine anything more heroically absurd! What grotesque false pretenses! What a parade of obvious imbecilities! What a welter of fraud! But is fraud unamusing?"
A Great Question from George Will
For Elena Kagan: Can you name a human endeavor that Congress cannot regulate on the pretense that the endeavor affects interstate commerce? If courts reflexively defer to that congressional pretense, in what sense do we have limited government? More here (HT: Don Boudreaux). We have a couple of tomato plants. Of course, the court has already established that this is interstate commerce.
June 29, 2010
Another voter faces up to the unforgiving reality of "politics without romance"
The Portland, Oregon, masseuse who attended to Al Gore in 2006 and now claims he sexually assaulted her spoke to police about the incident in January 2009. The Smoking Gun has published excerpts from the 87-page transcript. This statement struck me as especially poignant, and applicable to many, many American voters in a somewhat more elevated way:
June 28, 2010
Politicians, Compromise, and Public Office
Don Boudreaux clears the bases with this letter to the editor on Robert Byrd's association with the KKK. Just because something is politically expedient doesn't excuse it. I'm trying to understand the following empirical regularity: voters accept that politicians will lie, cheat, steal, and do other horrible things to get elected. Then voters are shocked--shocked!!--when politicians continue to lie, cheat, steal, and do other horrible things once in office. Why?
June 14, 2010
Now We See the Violence Inherent in the System!*
*--This was Mike Hammock's apt characterization. Was it rude to stick a camera in the Congressman's face? Yes, it was. Did it justify assault and battery (and yes, this was assault and battery)? I'm going to guess "no."
May 23, 2010
GOP Picks up Hawaii Seat
Republicans finally picked up a U.S. House seat Saturday in the special election in Hawaii's 1st Congressional District. Ed Djou defeats Colleen Hanabusa 40% to 31%. Djou benefitted from a split Democratic Party (Democrat Ed Case received 27%), and will have a very difficult time holding the seat in November, when presumably only one Democrat will be on the ballot. Still, Republicans have to be happy - despite the apparent wave building for Republicans in November, Democrats had won all 6 special elections for the House since Obama took office, so this win stops that streak. Moreover, there is a bit of symbolism in that this is the seat where the President was born. Substantively, both President Obama and former Congressman Neil Abercrombie carried the district with over 70% of the vote in 2008, so the combined Hanabusa/Case vote was still down about 13 points from the Democratic percentage in 2008. The last Republican to win this seat was Pat Saiki, in 1988. Until yesterday, Saiki, who served two terms, was the only Republican ever to win a House election in Hawaii.
May 19, 2010
On taxation and representation c. 1910
Great opening and closing paragraphs from an op-ed piece in the May 19, 1910 NYT: It is hopeless to expect unanimity regarding the merits of the income tax amendment, but there should be no disagreement upon the proposition that the action taken regarding it ought to be in accord with the opinions of those who will pay it. Taxation without representation is bad enough, but taxation contrary to representation is an indictment of representative institutions, and an issue superior to the income tax itself, whatever views are taken of its importance.The op-ed goes on to decry the passage of a Democratic income-tax proposal in a Republican controlled state house. The piece ends with a brilliant indictment of the system (as it stood then, and perhaps even now): Thus our voters are being taught that it is of little consequence what are the issues of the election, or what the decision upon them may be. After election the party managers decide what political strategy requires, and that is what is done. It is of no consequence what was the mandate of the electorate. Platforms are intended for campaigns, not for administrations. The representatives of the people are chosen not to execute a declared policy, but to take a line which shall keep the party in power. Who knows what were the issues of the last campaign? Who cares what may be the issues of the next campaign, since they may be dodged after election like the issues of past campaigns?
May 18, 2010
Sunshine Isn't Silence
Should "Third Parties" Be Included in Debates? I say yes, in this little op-ed.
May 12, 2010
If It Keeps Them Busy
The House Oversight and Government Reform Committee held hearings Wednesday on the "Potty Parity Act," a bill that seeks to address the unequal number of restroom facilities for women in federal buildings. This is a much better way for the honorables to spend their time rather than mucking around in health care or passing cap and tax. Source.
May 04, 2010
Never Forget: 40 Years Ago Today
Today is the 40th anniversary of the infamous shootings at Kent State University.
May 01, 2010
There's No Way This Can Be Real, Right?
Here's a commercial from the Pennsylvania Tax Amnesty (HT: Lew Rockwell). This raises a question for privacy advocates: taxation requires that people basically have no financial privacy. How are government invasions of financial privacy different from other kinds of privacy? Has the ACLU ever sued the IRS or state taxing authorities for inserting themselves into every financial transaction? Comments are open.
April 20, 2010
Quote of the Day: Otteson on Rights and Duties
Jim Otteson asks about rights and duties with respect to health care. A choice line: "What is not the test for having a right to something is that one really, really wants it." From the perspective of economics, there's a subsidiary question: if I have a duty to provide others' health care, what, then, do I have a duty to forgo in order to provide it? How are these obligatory costs identified, and by whom? Right now, I'm blogging about rights and duties, watching Sesame Street clips with Jacob, and intermittently talking to the plumber who is fixing some of our faucets. Is this OK? What should I be doing instead? Whose blessing do I require? The comments on Jim's post are interesting. Common apologetics for universal health coverage ("Europe does it," "we have Social Security," etc.) are canards because these are all financially unsustainable. Welfare state public finance is an exercise in (presumably well-intentioned) institutional prodigality. We could probably throw a heck of a party if we cashed in all of our assets and spent everything on booze, but the money and the liquor would run out eventually. For more, here's Bryan Caplan's resource page from a recent debate in which he participated. Cross-posted at the Mises Blog.
April 19, 2010
One Flew atop the cuckoo's nest
Via Mark Brady, here the IEA Blog on the late British philosopher Antony Flew (1923-2010): Several newspapers (e.g. the Guardian and the Telegraph) have recently carried obituaries of the English philosopher Antony Flew. These obituaries have emphasized the remarkable change of mind by which Flew, for most of his life an internationally renowned atheist, became convinced at the age of 81 of deism. What this emphasis has overshadowed - and what some readers of this blog may not know - is that Flew was for several decades a heroic defender of classically liberal political philosophy and indeed by far the best known professional philosopher in Britain over that period to champion classical liberalism. His heroism lay in the fact that, in challenging the spirit of the age as sharply and as unapologetically as he did, he was, and must have known that he was, irreparably damaging his reputation among his overwhelmingly left-leaning professional peers. That reputation – sufficient for his appointment to a chair at the University of Keele at the age of 31 - rested on a prolific output of books and of papers in the most prestigious philosophical journals. His work ranged widely, and especially in the philosophy of religion and the interpretation of David Hume had a major international impact. To me this says: Do excellent work in order to advance good ideas.
April 17, 2010
Could Ron Paul Beat Obama?
I guess pollsters have lots of empty time on their hands, because to recent polls are out that make one wonder, "who paid for that?" Rasmussen Reports has polled on a hypothetical presidential matchup of Ron Paul vs. President Obama. Obama wins 42-41. Which probably means that if the election really were held today, Ron Paul wins - you know how undecideds break agains the incumbent! Meanwhile, Public Policy Polling, another reputable outfit, polls Obama vs. George W. Bush, with Obama again eeking out a victory with less than 50% - in this case, 48-46% over the man whose unpopularity as President has so much to do with the Democratic victories of 2006 and 2008. How can it be the unpopular ex-president and Ron Paul, a guy who got about 0 percent of the vote in the 2008 Republican primaries, should be neck and neck in hypothetical matchups with the sitting President? What does it mean? First, it means that Obama has totally lost GOP moderates and dissenters (except, perhaps, for David Brooks and Christopher Buckley). In the PPP poll, 87 percent of Republicans favored Bush, quite a bit higher than his ratings with the party at the end of his term. From mid-2008 through the end of his term, Bush's approval rating among Republicans stood at roughly 60 percent; it was 18 percent among independents and 10 percent among Democrats at the end of his term,according to Pew. While a plurality of Independents still favor Obama over Bush, the margin is just 49-37, down from the 52 percent Obama won over McCain, who was much more popular with Independents than Bush. Rasmussen's poll similarly shows that Obama has simply lost Republicans. Republicans scarcely gave Ron Paul the time of day in last year's primary. That he polls even with Obama is substantially a sign that Republicans will support any Republican over Obama - 66 percent support Paul in this poll, better than the much more traditional Republican Bush was doing a year ago. (Indeed, if you look at the Rasmussen link above, you'll see that Paul is actually quite unpopular in the GOP. That he draws more party support against Obama than Bush did a year ago suggests the degree of GOP disillusionment with the President. And in a Paul-Obama match up, independents break decisively for Ron Paul, 47 to 28 percent. While many Democrats have been trying to convince themselves that you just can't deal with Republicans and to convince the nation that Republicans are "the party of 'no,'" the reality is that the President has squandered a remarkable opportunity to create a true realignment favoring the Democrats. A year into his presidency, Republicans have regained basically all the ground they lost from 2005 to 2008. That George Bush and Ron Paul can poll even with the President (as one with some real affection for Ron Paul - I have even represented him in my legal practice - I can still say that it would be hard to imagine two weaker Republican candidates, if the election were really held today, than Congressman Paul and President Bush) is indicative of the opportunity that Obama has lost. He hoped to create "Obama Republicans," as Reagan created "Reagan Democrats." He has failed. And he has sent independents flocking back to Republicans as well. Obama's numbers could recover some. While he is doing great long term damage to the economy, he could look pretty good for a while. The huge influx of money from the Fed and the stimulus should have some effect, and the economy has a natural resiliency. There are some signs that recovery may be underway and that it could be strong, but also signs that it could be truly "jobless." But whatever happens with the economy, I think it unlikely that the President will have any chance to truly set off a major realignment. Republicans and Independents are returning to their pre-2006/2008 voting patterns, and indeed if any major realignment is on the horizon, it could be one that would benefit a new, can-do Republican Party epitomized by New Jersey Governor Chris Christie.
April 11, 2010
What Is A Libertarian?
Allan Handleman talks to John Stossel and me about "What is a Libertarian?"
April 10, 2010
State Law Suits: False Hope
Can the states win their law suits, on Obamacare? I have a guest op-ed in today's Durham Herald Sun, with my answer. To summarize: No, the states cannot win.
April 06, 2010
Addendum
Re: Intrusive government. See this pre-Patriot Act article by Charlotte Twight, "Watching You: Systematic Federal Surveillance of Ordinary Americans."
Intrusive Government
On the presumptuousness of, and the presumption of, increasingly intrusive government. On presumptuousness: From a scary article in The Weekly Standard: The American Community Survey wasn't around when Ronald Reagan declared that the nine most terrifying words in the English language are: "I'm from the government and I'm here to help." If it was, he'd probably agree that having a government representative knock on your door, try to threaten their way into your home, and demand that you give them very personal information is far more terrifying. On presumption: About those "immortal words," Alfred J. Nock says this: Spencer does not discuss what he calls "the perennial faith of mankind" in State action, but contents himself with elaborating the sententious observation of Guizot, that "a belief in the sovereign power of political machinery" is nothing less than "a gross delusion." This faith is chiefly an effect of the immense prestige which the State has diligently built up for itself in the century or more since the doctrine of jure divino rulership gave way. We need not consider the various instruments that the State employs in building up its prestige; most of them are well known, and their uses well understood. There is one, however, which is in a sense peculiar to the republican State. Republicanism permits the individual to persuade himself that the State is his creation, that State action is his action, that when it expresses itself it expresses him, and when it is glorified he is glorified. The republican State encourages this persuasion with all its power, aware that it is the most efficient instrument for enhancing its own prestige. Lincoln's phrase, "of the people, by the people, for the people" was probably the most effective single stroke of propaganda ever made in behalf of republican State prestige.
March 22, 2010
Mike Lester on Obamacare
March 18, 2010
Something is spinning under the altar of St. Peter's Basilica
This Yahoo News piece caught my eye: President Barack Obama's sweeping health care legislation won precious support from a longtime liberal holdout in the House on Wednesday and from a retired Catholic bishop and nuns representing dozens of religious orders... Shortly after Kucinich's announcement, a letter was released from 60 leaders of women's religious orders urging lawmakers to vote for the legislation...a letter released by Network, A National Catholic Social Justice Lobby. So I did some snooping and found Network's Voting Record of the 111th Congress, First Session. Here are some summary stats of the score received by legislators voting with Network: House Dems It's hard to argue, as the article does, that "The endorsements reflected a division within the church," as if a group that is so partisan in its rankings of legislators could be called a legitimate unbiased voice of Catholic opinion. The words "peace and justice" are splashed all over the site, which won't help shake the image of such groups being more concerned with economic issues than life issues or fidelity to the Church. Instead of quoting one retired Bishop who supports this bill (even with the inclusion of abortion funding), the article downplays the opposition to the bill (here & here) of the US Conference of (nonretired) Catholic Bishops.
March 11, 2010
Mr. Smith Returns to Washington to Discuss Citizens United
Yesterday I was back in Washington to appear before the Senate Judiciary Committee. As these things go, it was a pretty lively event, as Jeff Patch of the Center for Competitive Politics describes below the fold. Read More »
March 03, 2010
Justices Set to Make Gun Ownership a Right?
You've gotta love the LA Times, which has a big banner headline today, "Justices signal they're ready to make gun ownership a national right." Well, there is that Second Amendment thing...
February 28, 2010
The Pinto Treatment Once More
Steve Chapman weighs in on Congress and Toyota: When it comes to defects, the company is hardly unique. Over the past five years, The Wall Street Journal reports, the federal government got more complaints from owners of Fords than owners of Toyotas. Out of 20 carmakers, says Edmunds.com, Toyota is fourth best in the number of complaints per vehicle sold. But none of the others is being used as a piñata.
February 20, 2010
Death of Global Warming
Walter Russell Mead at The American Interest has the best analysis I've seen about the death of global warming as a polticial issue. He writes from the viewpoint of one who considers climate change to be a real danger and, as such, he shows special disregard for and anger toward those who led to this political reversal. From his most recent post: Anyway, as the [Washington] Post now belatedly acknowledges, the movement to stop climate change through a Really Big and Comprehensive Grand Global Treaty is dead because there is no political consensus in the US to go forward. It’s dead because the UN process is toppling over from its own excessive ambition and complexity. It’s dead because China and India are having second thoughts about even the smallish steps they put on the table back in Copenhagen. [. . .] A year ago [the global greens] were the last, best hope of the world, a shining band of brothers (and sisters) who were saving the planet and taming the excesses of self-destructive capitalist greed. The Force was with them and the world lay at their feet. They were going to be greeted as liberators by a grateful world desperate to be saved.
February 04, 2010
Do We Need a Deficit Reduction Commission?
The President is promoting a special, bipartisan commission to deal with deficit reduction. It is supposed to produce proposed tax hikes and spending cuts to bring the deficit down. I thought we already had such a commission: it's called Congress.
February 02, 2010
Mike Lester on TOTUS
Today's offering from the Rome News-Tribune's Mike Lester:
January 30, 2010
"Education Secretary Duncan calls Hurricane Katrina good for New Orleans schools"
Is this story another data point for Mancur Olson's thesis in The Rise and Decline of Nations?
January 28, 2010
Obama vs. the Supreme Court
I confess that I did not watch the State of the Union address, but I have seen the clip where the President calls out the Supreme Court over its 5-4 campaign finance/First Amendment decision last week -- and I have to say that that's the creepiest thing he's done to date, IMO. The standing O he got from Congressional Democrats added immeasurably to the creepiness factor. Legal Insurrection makes some very good points and links to an Instapundit post. (If Legal Insurrection is not already part of your web routine, you really should think about adding it.)
January 27, 2010
A Bad Idea for a Drinking Game
Anyone taking a gulp anytime Obama said "I" in this speech likely ended up more hungover than Keynes in the rap video.
Irrational politics, and are you a real person?
It's getting hard to maintain the illusion that fiscal policy is done in a rational way when the solution to a recession one year is to spend $787 billion and the solution a year later is to freeze spending. On CNN.com's homepage, there are links to "Stimulus doesn't help middle class" and "Stimulus helps real people," so I guess you can use your W2s to figure out whether you and your family earn enough income to be considered real.
January 26, 2010
Rand's political philosophy
Cato Unbound has an interesting discussion this month under the title "What's Living & Dead in Ayn Rand's Political and Moral Philosophy?" Of course, it's of special interest in MY household, because my wife is one of the discussants ...
January 20, 2010
"Politics is getting so weird"
A friend writes: Politics is getting so weird. Last month I was blessing the commies in China for killing the Copenhagen conference. Now I’m blessing the most liberal state in the union for burying Ted Kennedy and Obama’s agenda.
January 18, 2010
Lindsey Graham opposes the industrial revolution
Wow. “'All the cars and trucks and plants that have been in existence since the Industrial Revolution, spewing out carbon day-in and day-out, you’ll never convince me that’s a good thing for your children and the future of the planet,' [Graham] told a crowd in South Carolina,... ." Graham thinks it would be a good thing if we had no cars and trucks, no electricity in amounts that could serve any purpose (and no serious means to construct hydroelectric plants in any case)? He thinks it would be better for us and our children if we lived as in 1800, when the average life expectancy was about 40 - if you survived childhood? Wow.
December 24, 2009
Christmas Eve wisdom from Harry Reid
From "Long history of vote-trading on Capitol Hill" in today's Washington Times -- Mr. Reid . . . said the trading is no different than what happens with the thousands of earmarks in the dozen annual spending bills. He said senators should be embarrassed if they weren't able to carve out exemptions. "There's 100 senators here, and I don't know if there is a senator that doesn't have something in this bill that was important to them," he said. "And if they don't have something in it important to them then, it doesn't speak well of them." -End quote- And on that note I'd like to wish the faithful readers of DoL a Merry Christmas!
December 22, 2009
I'm Shocked
Banks with political ties got bailouts, study shows
NIMBY, California
From the NYTimes: Senator Dianne Feinstein introduced legislation in Congress on Monday to protect a million acres of the Mojave Desert in California by scuttling some 13 big solar plants and wind farms planned for the region At least one Kennedy (as in NIMBY, Massachusetts) takes exception: “This is arguably the best solar land in the world, and Senator Feinstein shouldn’t be allowed to take this land off the table without a proper and scientific environmental review,” said Robert F. Kennedy Jr., the environmentalist and a partner with a venture capital firm that invested in a solar developer called BrightSource Energy. In September, BrightSource canceled a large project in the monument area.
NIMBY, California
From the NYTimes: Senator Dianne Feinstein introduced legislation in Congress on Monday to protect a million acres of the Mojave Desert in California by scuttling some 13 big solar plants and wind farms planned for the region. At least one Kennedy (as in NIMBY, Massachusetts) takes exception: “This is arguably the best solar land in the world, and Senator Feinstein shouldn’t be allowed to take this land off the table without a proper and scientific environmental review,” said Robert F. Kennedy Jr., the environmentalist and a partner with a venture capital firm that invested in a solar developer called BrightSource Energy. In September, BrightSource canceled a large project in the monument area.
December 21, 2009
A Fish Rots ...
American catfish farmers have demanded that tougher safety rules be imposed on certain fish from Vietnam -- which are hurting their business, the industry says. But U.S. catfish farmers must first get the U.S. Department of Agriculture to say the Vietnamese fish is a catfish. That is a little awkward since just seven years ago the farmers successfully urged Congress to ban the Vietnamese fish from ever being labeled a catfish.
December 18, 2009
And These Folks Think They Can Design the Health Care System
When he earmarked $100,000 in taxpayer spending to go to Jamestown's library, Rep. James E. Clyburn meant for it to go to the library in Jamestown, S.C., which is in his district. Spend twice as much as necessary and still screw it up--that sums up the U.S. Congress pretty nicely. Source (HT: Betsy's Page).
December 14, 2009
The Myth of Campaign Finance Reform
Oh no, I've been published in a neo-con journal! Read More »
Anti-Science Liberals
The public perception of conservatives (and I have to lump libertarians into this category, which I think is accurate here, and there's not really separate polling data for libertarians - see below), fostered by Hollywood and TV, many major media publications, and of course liberals, is that conservatives are uptight, unhappy, nasty people. I have noted in this space that these perceptions are not true - polling data has consistently shown that conservatives are more likely to say they are happy with their lives; they are more active, both in terms of hobbies and sports and in terms of volunteer activities; they are more likely to be satisfied with their sex lives (and to have sex more often), than are liberals. The latest part of the mantra from the cultural elites is that conservatives are also anti-science. Remember how Barack Obama even promised to restore science "to its rightful place." Well, now comes an interesting survey from Pew that debunks the idea that liberals are more science oriented, too. In fact, it turns out that liberals are nearly twice as likely as conservatives to believe in astrology (30% to 16%), "spiritual energy" (35% to 18%), or reincarnation (33% to 18%). It's interesting to note that while conservatives and liberals are equally likely to believe in the "evil eye" (17% each), Democrats are more likely than Republicans to believe in the evil eye by 19% to 12%. Maybe all those "Reagan Democrats" of a generation ago were just fans of Nancy, who was said to have an interest in astrology. But clearly the rejection of science for superstition knows no ideological boundaries.
December 07, 2009
Newspeak c. 2009
From an interesting report by the House of Commons on the use and abuse of language in government: Q2 Chairman: In a sense, we know all this stuff that is floating around us, and we know what Orwell told us back in 1946, that "prose consists less and less of words chosen for the sake of their meaning, and more of phrases tacked together like the sections of a prefabricated hen-house." We have that all around us in official language, and what I really want to ask you is: Does this drivel matter or does it just irritate us? Interesting (and sometimes painful) reading.
December 03, 2009
On respect c. 1909
Okay, I couldn't come up with a clever title for this blog entry but a story in the Dec. 3, 1909 NYT drew my attention for some reason: Orders abolishing the standing guard of one company of regular army troops about the tomb of the late President William McKinely have been received here [Canton, Ohio]. Secretary Hartzell of the McKinley National Memorial Association was notified yesterday by Lieut. Householder of the Second Infantry that Secretary of War Jacob M. Dickinson had decided to reduce the guard to two non-commissioned officers. It is believed that this guard will be ample.I wonder what this is all about. A company of regular army troops is around 100 soldiers. Why would such a force be required to guard the tomb of the late president? Granted McKinley was assassinated and it is plausible that there might have been concern that his grave would be desecrated for some reason, but the cynic in me wonders if the company was in place as some form of "pork spending." The not so subtle sarcasm of the last sentence is also somewhat interesting.
December 02, 2009
Warack Obama
The situation: My 14 year old daughter and I at Moe's last night for dinner. Me casually watching President Obama on a (muted) television screen behind her. She causaully watching PTI on ESPN on a television screen behind me. Me [grimacing]: Grrrrr. It saddens me that we both can be so accepting.
My Frivolous Reaction to the President's Speech on the Afghanistan Surge
I watched the President's speech on Afghanistan last night, and I keep seeing clips of it replayed, and one question keeps gnawing at me: where the heck is this place "Pockeestan" that the President kept referencing? Is it near Pakistan? Will our allies from Scotland and France - or are they now to be called "Scootlund" and "Frhawnse?" - know where to find it? Would the President have referred to our southern neighbor as "Mejico" in a speech? If mentioning India, would have done his best impersonation of Apu? Me thinks his effort to show off his world knowledge sounded a bit dumb.
November 22, 2009
Gary Johnson for president?
The two term governor of New Mexico (1995-2002) appears to be taking the early steps in a long-shot presidential bid. As governor, Johnson set a record for most bills vetoed, and earned a reputation as the most libertarian governor in the country. A Johnson campaign would focus on runaway government spending and taxes. Could Johnson win the GOP nomination, or even become a player in the primaries? Pluses: Minuses: Johnson offers libertarian voters a new, improved version of Ron Paul. He's got executive experience with proven accomplishments, not a bunch of protest votes; though an "aw shucks" type of speaker, he is better spoken than Dr. Paul; he is better focused, not as likely to drift off into obscure theory or second tier issues; the political climate will be better for an anti-war Republican. There is already a grassroots rumbling starting to build for Johnson, coming from many of the same folks who had such enthusiasm for Paul. The question is whether Johnson can do what Congressman Paul could not - build on that enthusiastic base to appeal to a broader section of the GOP electorate. That will require not scaring the middle class on the drug issue. A few links - all of these sites are unofficial, as Johnson has not announced his candidacy: Johnson for America
November 21, 2009
Bread and circuses
A short list of the headlines on CNN.com that appear (11:24pm central time, 11/20/09) before stories about the Senate's health care reform bill being voted on tomorrow: 1) Fans mourn end of 'Oprah' show 2) Arrests in human fat ring in Peru Here's betting there is more mourning for the loss of Oprah's show than for the loss of liberty if the health "reform" passes. In what other private industry can you be arrested for refusing to engage in activities you consider immoral? Finally the bishops come out swinging, but where were they for the House bill? Only a few have expressed their disapproval on the grounds of subsidiarity subsidiarity: "a community of a higher order should not interfere in the internal life of a community of a lower order, depriving the latter of its functions, but rather should support it in case of need and help to coordinate its activity with the activities of the rest of society, always with a view to the common good." And why did Butterbean get arrested in Peru?
November 10, 2009
More libertarian movie moments
"These are my sons. They don't belong to the state."
November 09, 2009
"We meddle."
Libertarian moments in the movies: "Why would they fight so hard against us?"
November 08, 2009
Relativism: Lazy and Strong
My friend and colleague Dr. J writes what is rapidly becoming one of my favorite blogs, Readmorewritemorethinkmorebemore. She recently posted two interesting notes on lazy relativism and strong relativism. Here's my comment on the latter: And have you ever wondered if, like, what I see as "red" is what you see as "red?" And are you saying that "like, whatever" isn't a defensible position? Seriously, thanks for the detailed explanation. The man or woman on the street--someone like me--probably thinks that all relativism is of the lazy variety. Perhaps there's another idea for a SEGA panel: what are the biggest misconceptions non-specialists have about your field? The analogue to lazy relativism in economics is the mistaken view that "economics" means "money" or that "costs and benefits" are necessarily or exclusively financial. I think of "cost" very generally as whatever we give up when we make a choice and "benefit" very generally as whatever we gain when we make a choice. Every action is an attempt to change the world and to make it a better place (however we choose to define "better," and this is the point at which I refer students to the philosophy department) than the world we leave behind. The cost of an action is the action we didn't take. The cost of reading this blog post and writing a comment is whatever else I could have done (nap, for example, or grade homework). The benefit was that I now have a better understanding of the difference between lazy relativism and strong relativism. If we really wanted to we could evaluate these in monetary terms. By investing my time in reading the blog post I gave up the opportunity to earn income now by going around the neighborhood offering to rake leaves (like a couple of kids on the sidewalk appear to be doing now) but I gained knowledge that might increase my income in the future. This is one way to think about action, but I think it actually limits our knowledge by throwing out non-pecuniary reasons for action.
November 07, 2009
Tuesday's Democratic losses bode well for freedom
The more one digs into Tuesday’s election results, the worse they look for Democrats. This is almost certainly a good thing - the battleground this fall was generally over taxes and spending, and GOP gains indicate voter skepticism of the Democrats efforts to nationalize health care, pass cap & trade, and try to spend us out of economic difficulties. Thus the GOP gains should slow the statist Democratic Agenda in Washington. Let's start by reviewing the high-profile gubernatorial and congressional races, and then talk about down ballot races around the country that emphasize the Republican success. Read More »
November 03, 2009
Good News--Well, Not So Fast
Lobbyists are quitting the business at a record pace, according to a study released Monday. With federal govt spending on an upsurge, I'll bet on the latter effect--lobbyists disguising themselves as advisers--rather than a reduction in lobbying activity.
Hillary Clinton, Tea Partier!
We (the United States) tax everything that moves and doesn’t move ...
October 19, 2009
They Allowed This on PBS?! (updated)
HT: Tom Woods. Update: Steve Horwitz reminds me that he is guest-blogging for PBS's Nightly Business Report. So what does PBS stand for now? Praxeology Broadcasting Station? I'm expecting Ashton Kutcher to fling my office door open and explain that I've been punk'd.
October 16, 2009
Nothing Succeeds Like Political Failure
Check out Dwight Lee's column in today's Investors Business Daily, for a double shot of public choice and wry humor.
October 13, 2009
The only question is when
I don't think anyone can dismiss this assertion by Sawhill and Aaron. Anyone who thinks that health-care reform alone is going to close the massive current -- and even larger projected -- U.S. budget deficit is deluded. President Obama has pledged that health-care reform will not make matters worse. But that isn't good enough. There is no way to restore this nation to fiscal health without higher taxes -- for the middle class as well as for the rich. The only question is when. Those increases should be enacted now, phased in gradually after the recovery is well established, and tied to the increased spending that health-care reform will generate. [Emphasis added.] My only question regards timing. Why didn't this column appear last year, when Obama's platform made the conclusion inescapable?
On lightening up
Maybe Italy has it right, if the conclusion of this WaPo article is correct. Besides, with Berlusconi as your prime minister, you don't have to take yourself too seriously. You don't have to trouble yourself with geopolitics or the state of the planet, or poverty and failed states. You can stay at home, remain unserious and argue about the latest legal scandal. And maybe that, too, is part of the Italian prime minister's appeal. I disagree with one point. I would write the first two sentences this way: "Besides, with Berlusconi as your prime minister, you don't have to ... trouble yourself with geopolitics or ...." You can take yourself and things that really matter quite seriously, while marginalizing the goings-on of the state, treating it as the absurdist theater that it often is. Given Bastiat's provisional definition of the state, "the great fictitious entity by which everyone seeks to live at the expense of everyone else," having it generate a bit of humor is probably not a bad thing. You may insert your latest Nobel Peace Prize joke here. To quote the fine theologian, M*A*S*H's Father Mulcahy: Jocularity, jocularity, jocularity.
An endangered species c. 1909
The October 13, 1909 NYT has a headline you won't see today: SENATOR FLINT WILL RETIRE. Turns out the good Senator from California felt that there wasn't enough money in being a Senator and that he had to go out in the real world to earn some scratch: Senator Frank P. Flint announced yesterday that when his present term expires, on March 4, 1911, he would not be a candidate for re-election.It is quaint that a U.S. Senator would suggest that there wasn't enough money in national politics to make it worth his while. Perhaps there was a time when this was true. Perhaps Mr. Flint was "clean" and didn't partake of the largess his position would seem to attract. On the other hand, perhaps this is a thinly veiled jab at the lobbyists of the day. In essence, Flint throws down the gauntlet saying "pay up or I'm outta here and I'm taking my political capital with me." Do you wonder, as I, whether Flint really retires from public service in 1911? Oh wait, I can look that up (see below the fold for the spoiler).... Read More »
October 08, 2009
Another Division of Labour Essay Contest on Voting
On October 15, Memphians will choose a new mayor in a special election. I'm deep in the same moral and intellectual crisis that faces me every election: should I vote? I decided that (once again) I will farm this out to Division of Labour readers. I'll offer a prize of some kind for the best 250-500 word essay explaining why I should or should not vote, and the winning entry will be published on DOL. Entries will be accepted via email, and I'm looking for something that addresses the opportunity cost of voting. Update: Here's Per Bylund on voting.
October 04, 2009
Curious roll call vote patterns in Italian Parliament...
... a.k.a. "The Pianists". HT: Mario Pagliero
September 23, 2009
Real Members of Congress
Ht: Instapundit
September 22, 2009
On Presidential Busy-ness c. 1909
From an op-ed piece in the Sept. 22, 1909 NYT: It is true that our new President [President Taft] during the first six months of his term had the extraordinary session of Congress on his hands, called expressly to redeem the pledges of the party - pledges made on his personal initiative and strong recommendation. It was natural, and, in a sense, unavoidable, that for this important task he should hold himself peculiarly accountable, and that he should hasten to render his account to the people as soon as practicable. So, another president, this one a Republican, also brought an active agenda to the first few months of his administration? Haven't heard anyone bring that up lately. The op-ed continues: But that chapter is but one of many which he plainly intends to present to the attention, we may say to the anxious and somewhat weary attention, of his fellow-citizens. Even while the tariff job was still unfinished, and at a point where the honest and decent fulfillment of the pledges of his party and himself was trembling in the balance, Mr. Taft sprung upon the country the twin projects of a tax on corporations, avowedly intended as the first step toward minute and comprehensive Federal inquisition and of corporation business, and an income tax, requiring a Constitutional amendment.Ambitious projects indeed. Would we characterize today's uncertainty regarding public policy as drawing "anxious and weary attention?" We continue: Here in the very dawning of his Administration, before he had had an opportunity to address a formal regular message to Congress, we have thrown upon the country a scheme of change more far reaching, more intimately affecting the affairs of all classes of the people than any accomplished, or even proposed during the seven crowded years of Mr. Roosevelt's incumbency.Change the names to reflect their modern analogues and the statement might apply equally (more so?) today. But then comes the coup de grace: It is true that the Constitutional amendment authorizing the income tax and the tax on corporate business were, in effect, if not in intent, a diversion which saved Mr. Aldrich and "his men" from a damaging defeat. It is not exactly reassuring, however, that measures of such scope and portent can be made a mere incident in the campaign of the protracted interests for control of the taxing power of the Government in the pursuit of their selfish interests. Amen.
September 16, 2009
Health Care Redux: Teddy Roosevelt
The Gray Lady has an excellent interactive archive of the history of health reform in the U.S. Clicking on Theodore Roosevelt's 1912 campaign platform, we see early glimpses of the eventual breadth and depth of central government control. "[O]ur aim should be," said Roosevelt, "to use the Government as an efficient agency for the practical betterment of social and economic conditions throughout this land." Praising the social plans of Bismarck, Roosevelt blames America's woes on the Republican Party (and no, notwithstanding spastic claims to the contrary, I am not an "ethics-free GOP hack") en route to declaring, "In the National Government one department should be intrusted with all the agencies relating to the public health... This department, through its special health service, would co-operate intelligently with the various State and municipal bodies established for the same end.... [T]he aim would be merely to secure under one administrative body efficient sanitary regulation in the interest of the people as a whole." Notice the implicit assumptions of benevolence and omniscience that support the claim of government achieving an efficient outcome. There is also, but more subtly, a tension between two conceptions of liberty: the liberty of individuals that informed the American Founding versus the liberty of people as members of a noble collective that was successfully advanced by the Progressives. Today, the faces have changed. The tag lines are new. The delivery is honed on
September 11, 2009
Should Obama Be More Like Reagan?
Rasmussen Reports has a poll out on political labels, and it seems that people want politicians who are "like Reagan." Results below the fold. Read More »
Mr.
My 14 yr old daughter sent me this txt msg on Wednesday, "had to watch the effin obama speech, soooooooo stupid. very mad. please complain," which I posted on Facebook because I thought it was pretty funny. Several friends chimed in with less than flattering things to say about the Great Leader's speech. An old and dear, and left-of-center, friend wrote me: Are your friends ACTUALLY advocating that their chidlren NOT listen to a speech by the leader of the free world? Seriously, this is not a statement in the form of a question. My reply: As Thomas Sowell would say it's a conflict of visions. You see him as the leader of the free world. I see him as a power-hungry man who managed to win some kind of beauty contest. I owe him no fealty for this per se. In my book I owe my plumber more respect than my president. He at least provides me with something I want on an honest basis. My daughter and I had a nice conversation (thank you, Prez Obama for that much at least) this morning. I told her about Aron Ralston who quit his big fancy corporate job to become a full-time mountain climber bum (and had an unfortunate accident if you remember his story). In Obama's view I guess Ralston is a bad person for "dropping out" and not contributing to the economy and government as much as he should. What a waste of a great college education Obama would say. But in my world view, he's following his own dream on his own terms and not those of the state or society (whatever that is) and is worthy of respect.
September 10, 2009
Arnold Kling on the Obama Speech
Best line of the night. [Obama] said,Reducing the waste and inefficiency in Medicare and Medicaid will pay for most of this plan. HT: Elliott
September 09, 2009
"I'm from the government, and I'm here to help you"
Camille Paglia in Salon (emphasis added): An example of the provincial amateurism of current White House operations was the way the president's innocuous back-to-school pep talk got sandbagged by imbecilic support materials soliciting students to write fantasy letters to "help" the president (a coercive directive quickly withdrawn under pressure). Even worse, the entire project was stupidly scheduled to conflict with the busy opening days of class this week, when harried teachers already have their hands full. Comically, some major school districts, including New York City, were not even open yet. And this is the gang who wants to revamp national healthcare?
September 07, 2009
Why I hate Obama's Speech to School Kids
I describe in a pair of posts at the Politico, here and here, why I don't like Obama speaking to school kids. I wouldn't mind, actually, if he were using the kids as a backdrop to make a major policy speech - what I dislike is the fact that there is no reason for this speech, really, except that the President seems to think he needs to step in and help us all parent our kids. It's really obnoxious. But looking at the text of his message, that's pretty obnoxious, too. Some excerpts below the fold. Read More »
September 04, 2009
Citizens United: Corporate Political Speech and Shareholder Rights
On Tuesday of next week the Supreme Court will meet in special session to rehear the case of Citizens United v. Federal Election Commission. In Citizens United, the government argued that a documentary produced by Citizens United, Hillary: The Movie, could be banned from distribution as a partisan political communication. The Court has specifically asked the parties to argue whether or not it should overrule Austin v. Michigan Chamber of Commerce, a 1990 decision that upheld a ban on all corporate funded political expenditures. The Court's concern was prompted by the government's argument, at oral argument in March, that under Austin it could ban even the publication of books and films containing so much as one line of political candidate advocacy. Supporters of the ban are in a rhetorical hole, because the reality is that, if Austin is good law and means what is says, the government is right. Yet few really believe that the First Amendment allows for book banning. And while advocates of "campaign finance reform" have long advocated limiting speech, they don't really like to be seen as quite so nakedly in favor of limiting political speech. Hence, the latest tack of the "reform" community is to claim that corporate spending on politics should be prohibited in order to protect shareholder rights. Below the fold, we slice and dice this argument. Read More »
August 27, 2009
Gordon Brown Gets Pwned
HT: Justin Ross.
August 24, 2009
Politics Corrupts Money
Here's David Henderson correcting a common mistake. Corporations aren't allowed to give money to candidates directly. Tracing money in politics is wickedly difficult, but I'm struck by the disproportionate representation of labor unions in big-money politics. At the very least, this suggests that people deriding opposition to the President's health care plan as an elaborate corporation-funded-and-directed "astroturf" movement need to check their premises--particularly since Big Pharma, insurance companies, and Walmart are in bed with the administration on this issue.
August 21, 2009
I Dreamed I Saw Joe the Plumber Last Night: Health Care & Guns Edition
When I first saw these clips, my gut reaction was "there is no way this is true; the MSNBC video has to have been doctored to make the network look bad." From what I can tell, the MSNBC video is unadulterated. It's a tale of two clips: one is an MSNBC clip in which commentators discuss racial tension and people bringing openly-carried firearms to rallies. The discussion is motivated by video footage of someone carrying an AR-15. You can't identify him from the MSNBC video, but the other clip (and a story on MSNBC.com) reveals that he is an African-American. Needless to say, right-wing groups are seizing on the apparent shenanigans and claiming outright dishonesty on the part of the Liberal Elite Media. I think some of the anti-Obama backlash is racially motivated--see the flood of "Barack Obama is a secret Muslim" emails that went around during his campaign and the Statement of Principles from the Council of Conservative Citizens, which affirms a commitment to "Cultural, national, and racial integrity"--and I don't think the presence of one African-American man toting a gun and protesting the President's plan blows this thesis out of the water. In this light, I thought I'd do a bit of political prognostificationizing. I see two possibilities: 1. MSNBC used judiciously-edited footage of an African-American man carrying an AR-15 at a health care rally to scare viewers about well-armed white racists. If this is true, then I predict that it will strengthen the right's conviction that there is a liberal media bias. Right-wing groups will have an easier time raising funds because they will have clear evidence that the Elite Liberal Media is distorting the news to further a political agenda. Further, the gentleman carrying the AR-15 will become the Right's next Joe the Plumber. 2. Newsbusters.org or a similar conservative group created a judiciously-edited clip that will backfire. Current developments and an MSNBC statement suggest that this isn't the case, but if it is true, then I predict that it will strengthen the left's conviction that the protesters are dishonest corporate flunkies. Left-wing groups will have an easier time raising funds because they will have clear evidence that the Corporate Conservative Media is lying about them to further a political agenda. Still, the gentleman carrying the AR-15 will become the Right's next Joe the Plumber. Comments are open. HT: Natalie Danielshen, Mason Drake.
August 20, 2009
GM Bails out Cash for Clunkers
At Marketplace.org, Scott Jagow lays out some of the main issues, and he does so nicely until the takeaway: [Cash 4 clunkers] does seem to be decent stimulus, but car sales will collapse, at least temporarily, no matter when this program ends. C4c is a drug. It even sounds like one. At some point, the car makers need to stop relying on incentives. The car-buying public is addicted to them. Not to mention, these particular incentives are being paid for by the taxpayers. In the comments, I added: Market prices are incentives. Government subsidies are distortions. To get correct, car makers and buyers need to stop relying on subsidies, not incentives. Sorry for being all word police. But it’s a really, really important word. Incentives matter. The rest is commentary.
August 14, 2009
Creating Jobs Obama-Style
Today's cartoon from the Rome News-Tribune's Mike Lester:
August 13, 2009
UPDATE: This was in Chicago not the U.K. So I guess we need a 6th Amendment. I have previously noted Britian's lack of a 4th Amendment but they also apparently lack a 6th Amendment. Clifton Williams, 33, of Richton Park, is facing six months in jail for making what court documents call a yawn-like sound in Will County Judge Daniel Rozak's court last month. The yawn happened as Williams' cousin, Jason Mayfield, was being sentenced for a drug charge on July 23.Rozak found Williams in contempt of court and sentenced him to six months in jail...Six months is the maximum sentence judges can give for criminal contempt without a jury trial. Emphasis added. HT: Todd
What Kind of Munger?
"The young grass-roots army that swept Obama into office has yet to mobilize
August 12, 2009
Wild speculation
Prompted by Frank's wondering, I offer this prediction: If AARP does endorse a policy, it will be one that redounds to the advantage of the United Health Group.
Just Wondering ...
In a dog and pony show yesterday, President Obama incorrectly claimed that the AARP was "onboard" with his health care reforms. Hmmm ... a fishy claim ... I wonder if anyone has alerted flag@whitehouse.gov.
August 09, 2009
The Administrative State
The Heritage Foundation paper "Congressional Ethics and the Administrative State" contains the following conclusion: "The system of government that has transformed congressmen from legislators to ombudsmen has spawned the corrupt favoritism that once defined New York's Tammany Hall, but now defines Washington and its emerging scandals. The framers of the Constitution understood the inevitable corruption of the administrative state, and had sought to avoid it with their constitutional prescriptions of federalism and separated powers." The occasion for this paper was the S & L corruption (McCain, Keating, et al.), but the the analysis applies broadly. One of my favorite applications is to ethanol. There, EPA experts argued in Congress against allowing ethanol onto the list of oxygenating fuels, which Congress was about to mandate. Congress punted by refusing to specify a list. Rather, the EPA was to construct the list. After a few contacts from the likes of Bob Dole, the EPA saw the light and added ethanol to the list. Before long, it became the only oxygenating additive on the list. A recent column by John Stossel brought this ancient history to mind. He says, "They've given us a system that now can be saved only if bureaucrats limit coverage by second-guessing retirees' decisions. Government will decide which Medicare services have value and which do not. Retirees may have a different opinion." Dollars to donuts that the legislation, for all of its bulk, contains little specificity. Rather, the bureaucracy that will be created will surpass the EPA as a target of lobbying efforts by members of Congress, as the details are worked out.
August 03, 2009
Uh oh...
I strive hard to avoid what I call Youtube moments - especially when a student asks a loaded question the answer to which might be very easily taken out of context. I am not sure if this compilation is necessarily taken out of context but it would definitely seem to be a "Youtube moment": via Drudge
August 01, 2009
Evidently Some Scare Tactics Are Better Than Others
In his town hall dog and pony show (transcript) held in Raleigh earlier this week, President Obama decried the use of "scare tactics" by people opposed to his health care
July 20, 2009
Now we know why it's called pork
This is from the front page at Drudge (I claim fair use): If the stories are true (evidently they are HT: Phil Miller's facebook page), then this should put all debate over the merits of the stimulus package to bed. If the Republicans or some third party cannot come up with enough arguments to dethrone the current ruling class (not that the Republicans were/are great but would likely not pursue such policies as depicted above - though I admit that's not guaranteed) then we should all plan our exit strategy. From my travels, the northern coast of Morocco is beautiful (I'll leave it up to the game theorists to think about whether that is an honest claim or not). Cross posted at Heavy Lifting
July 18, 2009
Commissars, not Tsars
From Pravda, Czar? You Mean Commissar: There is a new silliness in the Western Anglo Media, comparing the US Emperor's Czar program to the number of Tsars that Holy Russia had. It is a good thing that the US/UK public is ignorant not only of ancient history but also of recent history, otherwise they might start to worry.
July 16, 2009
Take my picture boy and I'll search your car!
James Waylett, the boy who plays Crabbe in the Harry Potter movies, just got busted for possessing and growing a little mj. On Thursday, he pleaded guilty to producing cannabis at a court hearing where it emerged that the pair were detained after Waylett took a photo of police while driving past a group of officers. I know they don't have a 4th Amendment in England, but holy cripes? All he did was take a photo of the police? I guess in England only the police are allowed to take photos now? Sheesh.
July 11, 2009
Age of Convenience
Mark Steyn on princes and such: As the British newspaper The Independent reported;
July 02, 2009
Bad news or bad reporting?
The AP headline: Baaad news? Global warming now shrinking sheep The content: local warming is reducing mortality among some wild sheep in Scotland. Wonder if the runts that now survive would count this as baaad news? Did I insert enough a's?
June 28, 2009
Shut Up, He Explained II
From Powerline: The Competitive Enterprise Institute has obtained an EPA study of the "endangerment" to human well-being ostensibly caused by carbon dioxide emissions, together with a set of EPA emails indicating that the study, which concludes that carbon dioxide is not a significant cause of climate change, was suppressed by the EPA for political reasons. The Powerline blog entry provides links to the CEI correspondence and supporting email messages, and to the suppressed study.
June 16, 2009
The Median Voter Casts Lots
I caught this on NPR's "Morning Edition:" When last month's town council race ended in a two-way tie, Mayor Vincent Francia thought it should be settled cowboy-style: "The two candidates would assemble downtown Cave Creek at High Noon and go at it with paintballs." Instead they turned to Arizona law, which says tied local elections may be determined by chance: rolling dice, flipping a coin or cutting cards. Cave Creek Magistrate George Preston, dressed in his black robes, shuffled the deck of cards Monday night that would finally decide the race. About 60 people crowded council chambers, including a few lawyers who had hashed out two pages of rules for the drawing. The candidate drawing the highest card would be declared the winner. Which got me to (barely) thinking: if the median voter theory is true, why not just save everyone the expense and headaches of campaigning and decide elections this way? Instead of three hourlong televised debates, you could, during a commercial break, show 30 seconds of McCain and Obama rolling dice to decide the winner. It certainly seems more efficient, since the FEC seems to indicate that there were almost $1.4 billion in total contributions to candidates in the 2008 Presidential campaign. How much does a deck of cards cost? It also reminded me of the rhetoric of elections. How often do you hear of Presidents winning "landslide" elections? The Stat Abstract shows that the biggest percentage a recent candidate has garnered was Johnson's 1964 61.1%. If you had a student with a 61.1% average, would you consider him to have a "landslide" level of knowledge?
June 15, 2009
On Food Independence
Frank's post reminds me of the situation in Saudi Arabia in 1985. Saudi had supported the production of wheat to the extent that they were self-sufficient, at least for a while. The rationale was to diversify so that Saudis wouldn't depend so much on oil revenue and could become trained in other endeavors. The reality was that Europeans set up and ran large wheat farms and used foreign labor. Few, if any, Saudis developed any farming skills. To make the scheme feasible, the government sold water to the farmers at a fraction of the cost of desalination, and it set a price at about five times the world price (if my memory serves). The Economist ran an article saying that the price was high enough to make it worthwhile for smugglers to bring food-aid wheat from Ethiopia via Yemen to sell to the Saudi government. I'm not sure, but I'm guessing the scheme went belly-up when the price of oil plummeted post-1985. But these things never go away. Witness the "end" of the farm subsidies negotiated between Newt's Republicans and President Clinton.
June 14, 2009
The Chicago Approach, Take Two
The first paragraph of a Barrons article on GM's chairman: DON'T BE HARD ON GM'S NEW CHAIRMAN EDWARD WHITACRE for confessing during an interview last week that he knows nothing about cars. He simply suffered a Joe Biden moment. Texans often tumble over their tongues when taking a stab at humility. In fact, few car companies, let alone their CEOs, know how to build cars, which is why so many of them are conking out. The Obama administration, in my view, picked Whitacre to run General Motors (ticker: GM) because he has a more important talent: He knows how to play Chicago-style politics.
June 13, 2009
Folly and Presumption: Federal Reserve Lending Edition
I just sent this letter to the New York Times: Your June 12 story about political influence on Federal Reserve lending decisions was distressing, but predictable. When the government commits to the principle that some industries and firms are "too big to fail," identifying those firms that are "too big to fail" necessarily becomes a political decision. Adam Smith addressed this over two centuries ago: "The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it." HT: Alex Tabarrok.
June 09, 2009
Shut Up, He Explained
This letter to the Economist offers a useful suggestion: There used to be, in the world of restructurings in the London market, a practice operated in a firm but gentlemanly manner by the Bank of England called the London Approach. It sounds as if the process under way for Chrysler, and widely anticipated for General Motors, could probably be dubbed the Chicago Approach.
May 30, 2009
Bootleggers, Part One
The climate-change industry ... has emerged as the world’s largest industry. ... Some of the climate-change profiteers are relatively unknown corporations; others are household names with only their behind-the-scenes role in the climate-change industry unknown. ... This series begins with Enron, a pioneer in the climate-change industry.
May 22, 2009
On military planning c. 1909
The May 22, 1909 NYT reports on French military planning at the time: PARIS - The Superior Council of the Navy has decided upon a programme which includes bringing the number of French battleships up to thirty-eight, a total that would insure France fourth place among the naval powers of the world. It is proposed to lay down in 1910 two 21,000 ton vessels of an enlarged Danton type.All of which will mean squat to the men in Verdun some seven years later.
Don't tax you, don't tax me...
When govco discovers that the masses aren't remitting as expected it turns to long-forgotten means with which to extract the resources it so desperately needs. An example comes from today's Sporting News Today: Some Bears season ticket holders were surprised to receive a notice saying they owe a city-issued amusement tax on seat licenses purchased up to seven years ago, according to the Chicago Tribune. A Bears spokesman, who says the team was unaware of the tax or the certified letters that were mailed out, says the franchise is looking into the issue. The city always planned to levy amusement taxes on Chicago Bears season ticket licenses, a city Department of Revenue spokesman said Thursday.Who's the guy behind the tree?
May 15, 2009
Gourmet Beer Bill in Riley's Office!
In today's inbox from Fine Wine & Beer by Gus here in Auburn: Just before 3:00pm today, the Gourmet Beer Bill was brought up by the chair and we passed the Senate by a vote of 19-9. The House concurred with the amended Senate version just before 5:00pm. The amendment attempts to restrict beer with an ABV over 6% from being sold in convenience stores.
May 11, 2009
On motive c. 1909
The May 11, 1909 prints a letter to the editor that attempts to distinguish among the various Socialist movements: Materialistic Socialists, alienated from religion by such religious leaders and teachers as Mr. Haldeman, set as their goal the material well-being of the masses. This is precisely why Christian Socialists so designate themselves, and sedulously seek to be so designated. it is not because their economics are different - the difference is not in their method, but in their motive. What is the Materialistic Socialist's goal is the Christian Socialist's first milestone, for he seeks the material advancement - the industrial enfranchisement - of the working classes chiefly as the starting point for them of a life race worth running - not, as now, a mad scramble for the bread that perisheth.Without full Socialism, the past one hundred years has led to a dramatic increase in well-being and standards of living in the developed world (and some progress might have been made in the developing and undeveloped world as well). Notwithstanding the Romanticizing of the past, today's world includes so many diversions and opportunities for leisure that it is not clear whether the majority of us would want to actually be "industrially enfranchised." What I found interesting upon reading the letter is that writer feels the need to distinguish one brand of (low?) Socialism which seeks to use coercion and theft to provide bread alone and another brand of (higher) Socialism which seeks to use coercion and theft to provide bread and circuses. According to the letter-writer, the latter form is to be lauded more because, ostensibly, the ability to address "industrial justice" is simply a matter of organization not a matter of understanding how wealth is generated by individuals not by "the masses." If the letter was written only to Socialists, perhaps the letter writer can get away with the assumption that Socialism will work in its broad goals; after all, preaching to the choir does not require addressing first premises. However, a letter directed toward a general (i.e., non-Socialist) audience would seem to require stronger evidence in support of the coercion and theft required to introduce and maintain any form of Socialism.
Wanda Sykes on kidney failure
The New York Times reports that at the White House Correspondents' Dinner on Saturday night, comedian Wanda Sykes said about one of the President's prominent critics: "I hope his kidneys fail, how about that?” Really? Wanda, I wish you hadn't said that. Try visiting a dialysis clinic and you'll see why it isn't funny. I'm hard to offend, but that offends me. I'm going to have a hard time finding you funny from here on. Kidney failure is something you shouldn't wish on anyone, even for laughs.
May 08, 2009
Strings Attached
From an LA Times article: The Obama administration is threatening to rescind billions of dollars in federal stimulus money if Gov. Arnold Schwarzenegger and state lawmakers do not restore wage cuts to unionized home healthcare workers approved in February as part of the budget.
May 06, 2009
On temperance and de-criminalization c. 1909
The May 6, 1909 NYT has an interesting letter to the editor: The only relief in sight from existing conditions [concerning the consumption of high-alcohol drinks such as "whisky, cocktails, and various other mixed drinks"], lies, in my opinion, in the imposition of a virtually prohibitive Governmental tax on all highly alcoholic liquors, whose increased cost would have a tendency to lessen their use by the masses. This would have the effect of an increased consumption of milder beverages like beer and wine and would mitigate the evil. To abolish it is impossible. On the one hand the author wishes to impose prohibitive taxation to alter behavior - looking for a substitution effect - but ignores the possible "scale" effect that individuals might drink more beer or wine in order to obtain the same level of "bliss" that the harder liquors provide. The author then argues that prohibitions will not work - as the country will so ably prove over the next twenty odd years in the case of alcohol and is still proving today in the context of illicit drugs. However, what is the difference between prohibitive taxation and prohibition? Granted, when facing two bad choices of taxation versus prohibition, taxation might be marginally more efficient (from society's point of view) as evading a tax is more likely to be penalized with a monetary fine whereas violating a prohibition is more likely to lead to incarceration and the associated social costs of that incarceration.
When open markets are closed, whether through taxation or prohibition, many of the self-reienforcing mechanisms that consumers take for granted are likewise lost. Under-appreciated elements of the open market such as contestability (that is, the threat of entry and competition), reputation, self-imposed quality and innovation, and, ultimately, the threat of legal action for maltreatment of consumers, are all lost when either prohibitive taxation or prohibition is employed. The letter writer makes a plea against prohibition, something that might be gaining more traction in today's world, but makes the mistake of assuming that behavior of the masses can be materially and permanently manipulated through arbitrary taxation. Unfortunately, this philosophy is alive and well in our modern world.
On Socialism c. 1909
From the May 6, 1909 NYT: The professed aim of the Socialists, or the one as to which most of them are, so far as we can make out, most nearly agreed, is the abolition of certain kinds of private ownership and of competition. The reason for the adoption of this aim that most of them advance is that private property, in the hands of its actual owners, is made the source of infinite wrong to the people generally; that it stimulates greed and injustice and cruelty and dishonesty; that it makes men heedless of the rights of others, and of the law which is intended to protect those rights; and that it gives rise to a system of organized plunder, under the form of law sometimes, often in violation of the law, by which the rich grow richer and the poor become poorer. They - the Socialists - insist that under the demoralizing and perverting influence of absolute ownership, the wealthy constantly evade their obligations to their fellows, and especially that they resort to every means acute and highly paid brains can devise to shift their share of the burdens of the cost of Government to the shoulders of the helpless poor. Competition the Socialists regard as a system that aids in the attainment of these ends, arming the rich, disarming the poor, reinforcing the strong, tending to make the weak helpless.It seems that the current administration takes a similar view to competition. Whether in the area of consumer credit, student loans, home mortgages, health care, foreign profits, K-12 education, radio and print media, tax breaks for the "rich," "corporate greed," financial industry "stress tests," or any number of other issues, the continuing mantra that the private sector is fundamentally flawed and that it can only be efficiently replaced by the benevolent bureaucracy of the Federal and State governments seems to fit nicely with the characterization offered by the NYT editorial. Free-market philosophy seems to be against the ropes at the moment; perhaps it will be for the next few years. However, when the ponzi scheme is revealed, whether through bureaucratic rationing or through massive overt and covert taxation, will the political will exist to roll back the regulations and policies that the current generation of politicians are using to purchase their continued employment?
May 05, 2009
Unintended consequences c. 1909
I seem remember President Clinton referring to his early years in Hot Springs, Arkansas, as having some impact on his life. To be honest, I didn't pay that much attention. But if true, then an event that merited four lines in the May 5, 1909 NYT might have yielded such unintended consequences: LITTLE ROCK - The Senate, by a vote of 27 to 12, today passed the Wadley bill, permitting racing at Hot Springs. The bill will be reported to the House tomorrow.
April 30, 2009
Mission Creep
April 24, 2009
Can They All Take a Long Nap?
Larry Summers's nap at a White House meeting yesterday has been circulated around ye olde internet. Here's hoping he's started a trend of nice long siestas among Washington officials at both ends of Penn. Ave. It's hard to imagine we'd be much worse off. The Congressional Effect Fund seems to bear out my thinking. While I'm being snarky about politics ... ... here's a brickbat for Dick Morris. The title of his recent column is "Obama’s leap to socialism." Excuse me--that's no leap--it's Obama's true character as was abundantly clear during last year's campaign. ... and here's a swipe at Obama's Cuba policy. From a news report: "Obama administration lifted restrictions Monday on Cuban-Americans who want to travel and send money to their island homeland." Fantastic, but what if I--not a Cuban American--want to travel to Cuba? And isn't it unconstitutional to enact policies based on nationality and the like? Surely one couldn't pass a law saying that Cuban American must pay higher income tax rates just for being Cuban American. In fact, isn't there a cottage industry of lawyers who bring suit over policies that don't explicitly single out some group or another but supposedly have "disparate impact"? Maybe I should find one and file suit against Obama's policy on grounds that it has disparate impact on non-Cuban Americans. (Snark aside, I suspect the weasel wording that avoids the legal problems is a reference to relatives living in Cuba not to being Cuban American per se.)
April 23, 2009
Frustration c. 1909
The April 23, 1909 NYT published the following letter: A man with a moderate fixed salary finds it impossible now to support his family decently with the high price of food, clothing, and rent. Those in this class, and it comprises the bulk of the country's population, read of the wild extravagance of Congress, but don't seem to realize that they are taxed for it; that if it was not for this wicked extravagance the cost of their living would be greatly reduced; that there would be no deficit in the Treasury, and that food, beef, mutton, poultry, butter, eggs, etc. would be brought into the country free of duty.No new problems, only our problems.
On politician salaries c. 1909
An editorial from the April 23, 1909 NYT: State Senator Timothy Sullivan is not wholly unreasonable in his contention that $1,500 per year is poor pay for Assemblymen and Senators, though he oversteps the bounds of reason when he declares that amount of wages would hardly pay a street cleaner...Some of the competent and earnest men in both houses are worth more. But on the whole the State pays a pretty high price for its annual lawmaking, considering the result. The Legislature as a body is worth no more than it is paid. Doubtless it is not worth as much as it gets. Whether or not better service could be obtained for larger salaries, under present political conditions, is an open question.Amen.
April 22, 2009
Mother Nature is one ungrateful whore.
I gotta get me one of those portable air conditioners on a hand truck set ups!
April 21, 2009
On taxation c. 1909
The April 21, 2009 NYT reports on tax policy as seen through the eyes of President Taft: President Taft agrees with Senator Aldrich that no new form of taxation will be necessary or advisable in case the Tariff Bill, as finally enacted, will raise sufficient revenue to meet the expenses of the Government. In case additional revenue is necessary, the President is in favor of trying first an inheritance tax, and next an excise tax on corporations.How refreshing that the President didn't want to tax for taxation's sake. An income tax is the kind of additional revenue measure least of all favored by Mr. Taft. In fact, he is of the opinion that such an income tax is undesirable, because, in the first place, it would fly directly in the face of the Supreme Court, and, in the next place, it would be a direct incentive to perjury. Certain men would be sure to evade it by perjury, while others paid it honestly, and it would be an unequal tax.The President does not mention, or at least it wasn't reported, the incentive to avoid, rather than the more distasteful (from the government's point of view) evade, an income tax. One wonders if Taft is taking a merely pragmatic view that the perjury would reduce the ability to collect the tax or if he is making a moral pronouncement. In that event [that there is insufficient revenue raised by the Tariff bill] his effort would be to secure the adoption of the inheritance tax. He believes that an inheritance tax is the most certain of collection and the easiest of all forms of additional taxation suggested.It is true that dead men tell no lies, thus the perjury concern is probably off the table in the case of an inheritance tax. However, there is still an incentive to avoid the inheritance tax or at least the incentive to reduce the impact of the tax on one's estate. Again, no mention of avoidance. If the Federal inheritance tax is not to be tried, then the President is in favor of an excise tax on the profits of corporations. He is convinced that it would entirely constitutional, and that no great difficulty would be experienced in its collection.As if corporations are black boxes rather than being managed by the same households about which the the President expresses perjury concerns? Excise taxes on corporate profits are simply profits on the individuals who hold the residual claims on the firm. Supposedly the corporate profits tax is a path of less resistance but a corporate profit tax is still distortionary and creates incentives to avoid the tax. Taft then hits a theme that sounds rather similar to today: Mr. Taft agrees with Senator Aldrich in the effort to reduce expenses and has told his callers that he would back the Senator to the limit in everything aimed at that end. He thinks that there could be great savings in the War and Navy Departments. He has been informed by navy officers that consolidation of the bureau work in the navy yards will save at least $5,000,000 a year. The President means to go at this question of reducing expenditures with the greatest possible vigor.Perhaps there was a culture of "small g" government in the early 1900s which would give Taft's words credibility. On the other hand, generally speaking vigorously trying to reduce the expenditures of the government in one area seems to be offset by vigorous increasing expenditures in other areas. Alas, no new problems, only our problems.
April 20, 2009
Reefer Gladness
Will Wilkinson makes a forceful argument for de-stigmatizing casual marijuana use, and tops it off with "My name is Will Wilkinson. I smoke marijuana, and I like it."
April 16, 2009
Take the terrorist quiz for yourself!
xkcd on Borders
April 15, 2009
I'd Take the Tea Party Movement More Seriously If ...
... the one in Rome didn't feature a congressman who scored a paltry 52% on the Club for Growth's RePork Card. The congressman isn't the solution--he's part of the problem (though, to be fair, he's not alone and is hardly the most egregious).
April 11, 2009
The Greedy Hand: Streetlight User Fee Edition
'Streetlight user fees' among the new charges as governments get creative HT: Drudge
April 10, 2009
Shocked! Shocked!
The headline provided by Real Clear Politics says it all: "Poor, Black School Kids Don't Pay Union Dues." The rest of this article is details, but they're telling details.
If Only It Were That Few ...
Rep. Spencer Bachus, the top Republican on the Financial Services Committee, told a hometown crowd in Alabama today he believes there are several socialists in the House. Source. A more accurate count would be something around 400, perhaps including Rep. Bachus.
April 07, 2009
The art of the understatement c. 1909
From the April 7, 1909 NYT: LITTLE ROCK, Ark. - The State Senate to-day passed a bill placing a heavy penalty on persons drinking intoxicants on trains in the State or on station platforms. This will probably affect buffet cars, although intended only to stop rowdyism.
April 06, 2009
Very NICE
How's this for an Orwellian ministry acronym? In Britain, the National Institute for Health and Clinical Excellence (NICE) reviews new medical treatments to determine whether or not a treatment's effectiveness justifies its price tag. Based on this assessment, NICE recommends whether new treatments should be covered under the country's public health care system, the National Health Service. Most of the time the NHS makes those recommendations hard-and-fast policy. As a result, NHS physicians are often prohibited from prescribing newer, more expensive treatments because NICE has determined they're not worth the cost.
Misplaced Faith
Headline News just reported about a letter sent to President Obama by a couple of young girls asking why it is taking Congress so long to help people like their father, who is looking for work. The dark cloud: after piles of government make-work programs, the state might get numerous devotees and fans for life. The silver lining: maybe massive state failures will cause crises of faith among young statists.
April 02, 2009
Libertarian blind spots
A commenter at ryanavent.com says: Libertarianism has much to offer our political discourse, but every belief system has its dogma, its blind spots. Libertarianism classically has two: Hmmmm....well this libertarian believes the following: 1. Only people can be agents of oppression. All people in government are agents of oppression; people engaged in market exchanges are never agents of oppression; people not in government or in markets are sometimes agents of oppression (theives) and sometimes not (friends). 2. People in government can do the right thing or the wrong thing, but either way, only by violating my freedom.
March 26, 2009
Not From the Onion
Read this headline carefully: "Alabama House Panel votes against two bills to limit politics in judicial elections"
March 25, 2009
Thugs Called Out
This letter to Edward Liddy addresses at least three questions:
March 24, 2009
The Toxic Assets We Elected
That's the title of today's superb column by George Will. Here are three paragraphs but read the whole thing: TARP funds have, however, semi-purchased, among many other things, two automobile companies (and, last week, some of their parts suppliers), which must amaze Sweden. That unlikely tutor of America regarding capitalist common sense has said, through a Cabinet minister, that the ailing Saab automobile company is on its own: "The Swedish state is not prepared to own car factories."
March 23, 2009
All in the family: Thugs version
I wondered why ABC News would spend 2 1/2 minutes of their Sunday night broadcast interviewing the granddaughter of Bank of America's founder, who trashed current management. No suggestion was made that she has any expertise. Then this article ("Cuomo wins ruling to name Merrill bonus recipients") made it clear. Andrew Cuomo is, of course, the brother of Chris Cuomo of ABC News.
Real March Madness
Michael Goodwin on the recent witch hunt: Everybody makes mistakes, and I made a beaut the other day. I was wrong to call members of Congress blow-hards and buffoons and declare them worse than useless.
March 21, 2009
Of Happiness
Charles Murray is back on ground that he covered in his second (and, of the ones I've read, best) book, In Pursuit: Of Happiness and Good Government. Here's the central paragraph, plus one sentence: For some years a metaphor has been stuck in my mind: The 20th century was the adolescence of Homo sapiens. Nineteenth-century science, from Darwin to Freud, offered a series of body blows to ways of thinking about human life that had prevailed since the dawn of civilization. Humans, just like adolescents, were deprived of some of the comforting simplicities of childhood and exposed to more complex knowledge about the world. And 20th-century intellectuals reacted precisely the way adolescents react when they think they have discovered that Mom and Dad are hopelessly out of date. It was as if they thought that if Darwin was right about evolution, then Aquinas was no longer worth reading; that if Freud was right about the unconscious mind, then the Nicomachean Ethics had nothing to teach us. Let's hope that the last sentence is correct.
March 20, 2009
Going for the Capillaries
I don't think Krauthammer hammers enough on the rank indecency of the posturing over the AIG bonuses, but he gets in some zingers. Two follow: It is time for the president to state the obvious: This recession is not caused by excessive executive compensation in government-controlled companies. The economy has been sinking because of a lack of credit, stemming from a general lack of confidence, stemming from the lack of a plan to detoxify the major lending institutions, mainly the banks, which, to paraphrase Willie Sutton, is where the money used to be.
March 18, 2009
Juxtaposition
Talented political performer that he is, Obama primed the audience by promising that Caterpillar would give some workers their jobs back if Congress passed the rescue plan. Caterpillar Inc. on Tuesday announced plans to lay off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the global economic downturn. Wonder if these jobs are some of the ones that the stimulus plan was supposed to save.
Silencing the silencer c. 1909
The March 18, 1909 NYT reports on the development of Maxim's silencer for firearms: Who shall be authorized to carry and use firearms equipped with Mr. Hudson Maxim's "silencer"? No private person, surely. A true sportsman would not use it, and the "pot hunter" must be forbidden to hunt silently. The burglar, the highway robber, and the Black Hand assassin are the only other persons to whom it could be of advantage...When the silencer is outlawed, only outlaws will have silencers? A pot hunter is defined as "one who kills anything and everything that will help to fill has bag; also, a hunter who shoots game for the table or for the market." I wonder if the editorial suggests that the pot hunter should forbidden to hunt silently because to do so would pose a negative externality on others. When a gun is fired by the pot hunter did the report serve as a warning to others in the area that someone was blasting away? The only other reason I can see is to provide a warning to the other (non human) animals in the area. More seriously, I always find it interesting that our problems are not new - gun control issues have evidently been with us for quite some time.
March 13, 2009
Deficit Hawk Blues
After my recent post showing North Dakota's "deficit hawk" Sen. Kent Conrad holding up a copy of the Obama budget with a big grin on his face, I was pleased to see Kim Strassel's column in today's WSJ. It's good to see a big media platform like the WSJ digging into Sen. Conrad's fiscal conservative phoney baloney; there's even a picture of the senator grinning holding up the Obama budget.
March 06, 2009
Non sequitur on democracy
From CQ Global Researcher (Feb. 2009): In a recent Gallup Poll [conducted in certain countries outside the US] ... more than 85 percent of [adherents to a certain religion] surveyed said they believe democracy is the best form of government. Thus, they are not interested in imposing their views on others but wish to live according to the teachings of their religion while respecting people of other religions or opinions. How does belief in democratic selecting the government imply disinterest in imposing one's views on others? If members of a single religious group are in the majority, can't they use majority rule to elect legislators who will impose their views and their restrictions on others? They can. This been famously emphasized by Fareed Zakaria in his warnings about the dangers of illiberal democracy.
On the interregnum c. 1909
The 1909 inauguration of William Howard Taft was not a pleasant experience, either for Democrats or for the bystanders. As reported in the March 6, 1909 NYT, "[t]he results of the exposure are to be found in the crowded conditions of the hospitals to-day, scores having been taken ill because of the weather." The story goes on to report: Speaker Cannon agreed to-day to assist in the movement for change [of the inauguration date]. Two bills have passed the Senate in times gone, the date in each being fixed for the last Thursday in April. The speaker believes, however, that this date is not late enough, and favors the substitution of May 1.If this had been accomplished, we might have had three more months of Bushco, to the dismay of Obamaco, but then we might have actually heard rather than just watched Yo Yo Ma play his cello.
Mike Lester on the Mortgage Bailout
Today's offering from Mike Lester of the Rome News-Tribune:
See also this bumper sticker from the Tennessee Republican Party. Wonder if they'll make one that says "Honk if I'm paying your mortgage"?
February 27, 2009
Just Another Partisan Hack
Last summer, ND Sen. Kent Conrad said, "President Bush will be remembered as the most fiscally irresponsible president in our nation's history." Well, here's Sen. Conrad yesterday holding a copy of the Obama budget calling for huge spending increases and large budget deficits. Compared to this budget, President Bush's spending looks downright miserly. So, Sen. Conrad, why the big grin?
ADDENDUM: Below is a statement from Sen. Conrad's website; it's rather hard to square this statement with his grin about the Obama budget. Senator Conrad is particularly concerned about the soaring federal debt that is forecast for the nation's long-term budget outlook. He believes that reducing this debt burden is essential to the future strength of the nation's economy. Over time, large deficits and debt will raise interest rates, crowd out private sector investment, and slow long-term economic growth. ADDENDUM2: A better title for this post would have been "A Deficit Chicken Hawk."
Bring back corncobs
Don Boudreaux comments on one aspect of this NYTimes story. Here's another: The New York Times reported yesterday that the softness sought in toilet paper by Americans is wiping out forests. After all, paper doesn't grow on trees. Oh wait, it does. and that's the problem. [...] Swooping in to save the day are Wallypop toilet wipes, a reusable cloth product. The sales pitch: They're comfy and environmentally friendly. You can use them wet, and they won't fall apart.The column concludes: The company admits there's "a certain ick factor involved." Indeed. If you try this at home, let us know how everything comes out.Maybe we should bring back corncobs. The increased demand for corn might provide political cover for a reduction in the ethanol subsidy. Oops. I should have seen Frank's entry before posting this.
February 25, 2009
The RAAT Board?
Is there any sense of irony in the Federal Government? Programs, agencies, OMB, and the new, $84 million Recovery Act Accountability and Transparency Board (see p. 175 of the bill) are all required to report on the progress of spending, often on different timetables. In fact, according to new OMB guidance, there are eight levels of reporting that are now required, with the first report from agencies due March 3.For real? The RAAT Board? Of course, it would have to be pronounced "the rat board"?
February 23, 2009
Rent Seeking: Check's in the Mail Version
An AP story on how Washington State provides 250,000 food stamp recipients improved access to the federal pipeline.
February 19, 2009
Pork Watch Resource
If you're up to looking at the sausage's ingredients, this site might be useful.
February 10, 2009
Stop Digging
The strength stocks have shown lately vanished on Tuesday as the government unveiled a new bank-rescue plan and congressional action neared on a fresh round of fiscal stimulus for the wheezing U.S. economy. Source. Can we get a hippocratic oath for politicians?
February 06, 2009
... and throw away the key
Doug Bandow's take on the Phelps incident: Michael Phelps ... has violated the law. ... [H]e admitted the crime. The same crime for which the better part of a million people were arrested last year.
February 05, 2009
"Because I Want It So" c. 1909
The Feb. 5, 1909 NYT provides a draw from the "Because I want it so" drawer: A reduction of 2 cents a kilowatt hour for electricity in Brooklyn is provided for in a bill introduced to-day by Senator Cullen. The bill reduces the price from 12 to 10 cents, making it uniform in the Boroughs of Manhattan and Brooklyn. The measure was referred to the Cities Committee, notwithstanding the protest of the introducer, who desired that it be referred to the Committee on Miscellaneous Corporations.The "Committee of Miscellaneous Corporations"? Such a committee actually existed and was given that name?!? I understand that mandating lower prices for Brooklyn might have been seen as a "populist" stance, but how could Mr. Cullen have known what the optimal price for electricity was at the time? What would Mr. Cullen have done if such a law killed the infant electricity industry in its crib? I am sure he would have been outraged that the good "hard working" citizens of Brooklyn were being unfairly denied access to the life-improving, indeed in cases life-saving, service of electricity. Today's s national average cost per kilowatt hour? 11.96 cents (not adjusted for inflation).
On trade unions c. 1909
There was a time when K Street was just another street in Washington, DC. There was a time when it was less need to send "representatives" to Washington to lobby for and against legislation, there was less need to have "a man in Washington" to watch your six. There was a time when the Legislature wasn't used to tell others what to do with their private property. Then along came "Populism" and the perception those with "too much" private property would use this property to harm others, to steal from others, to deny others their basic necessities. The cure was to use the Legislature to tell others what to do with their private property. This, in turn, created an incentive for those being attacked to "defend themselves" from the Legislature. It is reasonable for private property owners to respond in this manner, although I might be confusing cause and effect in certain instances. Unfortunately, once the fixed costs of protecting property rights from the Legislature were borne, the marginal cost of shifting form the "defensive" to the "offensive" in Washintong. That is, using lobbyists, political contributions, graft, and other (perhaps even more objectionable) means to use the Legislature to protect or create profit potential, to erect entry barriers and increase the costs of potential and actual competitors, to finalize the creation of the "mixed economy." The Feb. 5, 1909 NYT reports on the birth of such an "organization" in the wall paper industry: Thirty manufacturers of wall paper, representing the largest wall paper mills in the country, met yesterday in the Hotel Victoria and organized the Wall Paper Manufacturers' Association of the United States. A call for the meeting had been sent to practically all the heads of wall paper manufacturing companies in the country, and nearly all responded...And so it began in the wall paper industry and a similar story was told in any number of other industries. One hundred years later not much seems to have changed.
February 04, 2009
I'm sure this has some significance
The Democrats always rail against tax cheats, and complain that the rich don't pay their share of taxes, etc. etc. Now it appears from the President's cabinet nominees that every third Democrat doesn't pay his or her taxes. And why is it that they all seem to have nannies, drivers, and seven figure family incomes? Meanwhile, Republicans are the party of public morals and opposition to free love and gay sex. Just ask Senator Craig and Representative Foley. Yet they get all the juicy sex scandals. I'm sure there is some hidden message here. Your homework is to write a 500 word essay on the topic.
February 03, 2009
Tax Cheats Withdraw
Not 1 but 2--Daschle and Nancy Killefer who apparently is yet Obama appointee with tax problems. It seems that Mark Perry's cartoon of the day is spot on.
February 02, 2009
Stimulus Watch
Sorry, Bob. It's not a Cinemax title. Launched officially today, it's the cool new wiki that lets you search, evaluate, and "vote" for individual line items proposed for the the stimulus package. Brought to you by our friends Jerry Brito and Eileen Norcross. With details here.
What it feels like to be libertarian
By John Hasnas, posted on his website. What does it feel like to be a libertarian these days? I’ll tell you. It feels bad. Being a libertarian means living with a level of frustration that is nearly beyond human endurance. It means being subject to unending scorn and derision despite being inevitably proven correct by events. ATSRTWT. Don't be fooled by John's brevity. There is much packed into few words here. Well worth the read. And well worth saving these ideas!
January 30, 2009
When Having One Tax Cheat in Your Cabinet Isn't Enough ...
Tom Daschle, President Barack Obama's choice for secretary of Health and Human Services, paid about $140,000 in back taxes and interest after questions surfaced during the vetting of his nomination, according to documents being prepared by the Senate Finance Committee.
Mises Quotes of the Day
Here are two great quotes from Ludwig von Mises's Bureaucracy, originally written in 1944: "The outstanding fact of intellectual history of the last hundred years is the struggle against economics." p. 89 "He who is unfit to serve his fellow citizens wants to rule them." p. 100
January 25, 2009
My turn ...
to be shocked, that is. Lobbyists won't be marginalized after all, according to this AP release. President Barack Obama's ban on earmarks in the $825 billion economic stimulus bill doesn't mean interest groups, lobbyists and lawmakers won't be able to funnel money to pet projects.
January 20, 2009
How Can He Say This @#$! With a Straight Face?
I felt left out when I didn't make the list of ethics free Republican hacks like Ed and some other folks I know. So try, try again. In his inauguaral address, President Obama called for a "new era of responsibility." This from the president who wants an $800B "stimulus package" (The Real Voodoo Economics) and plans for deficit spending in excess of $1 trillion. There was also some blather about ""our collective failure to make hard choices." This is offensive. For example, my wife and I have bought two houses, making a large downpayment on both. We've been aggressively saving for retirement (only to see our savings nearly halved by the Fed and the pols). The fact that many other citizens and our spendthrift pols have not similarly lived within their means does not make me complicit in their failure. Alas, genuinely responsible
January 16, 2009
Hot Air
This, on the inauguration of The One who will, inter alia, reverse the trend toward global warming: The carbon footprint of Barack Obama's inauguration could exceed 575 million pounds of CO2. According to the Institute for Liberty, it would take the average U.S. household nearly 60,000 years of naughty ecological behavior to produce a carbon footprint equal to the largest self-congratulatory event in the history of humankind.
January 09, 2009
On president-elect propriety c. 1909
The Jan 9, 1909 NYT reports on a very different approach to announcing the incoming cabinet than the current "Office of the President-elect": The Taft-Knox Cabinet conference is over and the Pennsylvania Senator is to-night on his way back to Washington. Neither the President-elect nor his adviser will discuss the result, and it is strongly hinted by Mr. Taft to-night that his Cabinet will be made known for the first time when he sends the names of the men who are to compose it to the Senate for confirmation after March 4. There is more to the story, primarily discussing the Taft will attend a barbecue in South Carolina and that Governor-elect Joe Brown of Georgia had visited with Taft. Perhaps it is better to release the names of the proposed cabinet members earlier than later so that the public and those with axes to grind in Congress can have time to amass their arguments against any proposed cabinet member. Moreover, there might be Richardson-like outcomes of a nomination that any president-elect would rather have occur before the actual nomination hearings or votes occur. Nevertheless, given the extended announcements and bromide-filled press conferences held by the new species "Office of the President-elect" over the past two months, Taft's approach might have been preferred.
On Congressional license c. 1909
The January 9, 1909 NYT reports: The Post Office Department is now engaged in an effort to collect $16 from Senator Tillman in postage on a typewriter, which he franked from his home in South Carolina to Washington recently.
January 05, 2009
On Bashing the Rich c. 1909
From the Jan 5, 1909 NYT: ASHEVILLE, N.C. - County school teachers here have not received their pay because the Biltmore estate failed to pay its $24,000 county taxes as expected. The county authorities have cabled Mr. Vanderbilt direct at Paris.I do not know what the operating budget of Buncombe County was in 1909, but I would wager it was considerably more than $24,000 per year. To blame the failure to pay teachers on a single tax payer is pathetic but, I suppose, rather Progressive.
December 19, 2008
Party Pooping the Proposed Stimulus
Google search of blogs shows Greg Mankiw has picked this up, but I didn't find it elsewhere, so here goes. By email forward from Veronique de Rugy: Subject: WANTED: STIMULUS SPENDING SKEPTICS Here is Tyler Cowen "driving home the point" that there is no evidence to support the putative economic benefits of stimulus spending.
December 18, 2008
Farm Subsidy Database
You might want see how your neighbors are making out. In my home county, four members of one family accounted for about one-third of the USDA subsidies.
Just Wondering (Part Deux) ...
... if the media will stop drooling over Caroline Kennedy long enough to point out that she has less experience than the (somewhat deservedly) maligned Sarah Palin. I'm not sure experience is a good thing, but if it's a fair charge to raise against Palin then it should be a fair charge to raise against Kennedy.
Just Wondering ...
... if we'll hear anything about Bernie Madoff (and other Madoffs who I assume are related to him) making political contributions to Democrats (including Hillary Clinton and Chuck Schumer) in the same way we heard about George Bush's ties to "Kenny Boy" Lay in the wake of Enron's collapse.
December 16, 2008
Buried but not hidden
This from page D08 of the WaPo: Most Americans continue to oppose a government-backed rescue plan for Detroit's Big Three automakers as majorities blame the industry for its own problems and are unconvinced failure would hurt the economy, according to a new Washington Post-ABC News poll. Maybe they think G. W. Bailout will not read that deeply into the paper. Maybe they're right.
November 21, 2008
Voting Essay Contest Winner
Congratulations to Jeff Daiell, who won the Essay Contest I sponsored earlier this month. Jeff won a copy of Buchanan and Tullock's The Calculus of Consent, and I learned a lot. Thanks for all the entries (a few dozen or so). And for people who are interested, I did vote (and then chose a winner after the fact). Jeff's winning essay is below the fold. Read More »
November 17, 2008
A Puzzle: Posed and Solved
I had just read this in a thoughtful column by Kevin Hassett: The U.S. has always distinguished itself relative to its major trading partners by having a higher faith in free markets and a greater respect for the limits of big government. Sure, the U.S. passed a stimulus package now and then, but it also let failure run its course and refused to resort to excessive big- government intrusions into the private sector. Then I read this in a puzzling column by Bill Kristol: "I don’t pretend to know just what has to be done. But I suspect that free-marketers need to be less doctrinaire and less simple-mindedly utility-maximizing, and that they should depend less on abstract econometric models." Finally, a note posted below Kristol's article cleared it up: "Paul Krugman is off today." Nice of Kristol to fill in for him.
Trillion Dollar Lockup
Not that it's likely to matter any time soon, but here's an excellent summary of at least one part of the ANWR debate. The proponents of ANWR development have also distorted the picture by themselves making false arguments. First, it should be acknowledged that ANWR oil production will not in itself come close to achieving energy independence for the United States. Second, ANWR production alone will not affect oil prices significantly. Even the large reserves that ANWR possesses are not large enough, relative to the total world oil market, to have much effect on future world prices.
November 09, 2008
The more things change...
Steve Chapman is insightful, as usual: Obama, as it happens, won by offering voters the same thing Reagan promised: tax cuts. Most of those who supported him did so on the assumption that they would not fall in the class of people who will have to cough up more to the IRS.
November 05, 2008
Bob Barr was a "spoiler" in maybe two states
With all the precincts in Missouri reporting, unofficial totals as of this morning have McCain carrying the state by only 5,868 votes over Obama. In percentage terms, the outcome was 49.4% to 49.2%. You could say that Libertarian Party candidate Bob Barr, with 11,355 votes (0.4%) , held the “balance of power” or was a “spoiler”. But then you’d have to say the same about Ralph Nader, who drew 17,769 votes (0.6%). Meanwhile, Barr is reportedly calling himself a spoiler in North Carolina, which is still too close to call at last report, where Democrat Barack Oama has a 12,000-vote lead over Republican John McCain, and Barr, a former Republican congressman from Georgia, has 25,181 votes, or 1 percent.
Congrats to Mike Munger
Mike made a pretty decent showing in the NC governor's race: 120,000 votes, 2.9% of the total.
November 04, 2008
Live Blogging the Election
I'm going to post a few thoughts as the evening progresses. Comments are open. First up--CNN has "The Diff" in its election results. Looks like Obama has it won; Fox has called PA and OH for him. FL, IN, NC, and VA are not yet called so Obama might take several moderate to large states from McCain. Decent news on the gridlock front--GOP senators in GA and KY have held on and it looks like Trent Lott's seat in MS will stay GOP and there's some chance of taking a Dem seat from LA. Maybe the filibuster will still be an option. UPDATE (9:30)--Bryan Caplan raises an issue I've been wondering about--would McCain have fared better if he had voted against the bailout? I think so. UPDATE (9:40)--The Raleigh NC News and Observer reports co-blogger Mike Munger has 3% of the vote with 24 NC counties reporting complete results and 49 others reporting partial results. UPDATE (10:00)--Much has been made of Starbucks giving out free coffee today (to the benefit of two of my favorite students), but Instapundit points to a shop giving out sex toys to folks who vote. UPDATE (10:45)--Obama repeatedly charged that McCain supported tax breaks for companies shipping jobs overseas. What specifically was he refering to? Surely there is no tax credit or other break specifically for transferring a job from the US to overseas. Last update of the night--Obama's large margin (13) in PA leaves me wondering why McCain spent so much time there over the past 10 days. Not that it mattered since Obama is rolling to about 375 electoral votes. Senate is Dems plus 5 with OR, MN, and AK to go.
The Law
On this election day, we do well to consider the opening of Frederic Bastiat's "The Law:" The law perverted! And the police powers of the state perveted along with it! The law, I say, not only turned from its proper purpose but made to follow an entirely contrary purpose! The law become the weapon of every kind of greed! Instead of checking crime, the law itself is guilty of the evils it is supposed to punish! If this is true, it is a serious fact, and moral duty requires me to call the attention of my fellow-citizens to it. He does so here.
Mas sobre "No mas!"
I received quite a few emails about my decision to not vote. One issue was the question of whether I thought my vote matters. On this point it is important to note that my switch to non-voting status has nothing to do with whether I think my vote matters. I've always understood that my vote doesn't matter and yet I still voted previously. The "logic" of my decision has to do with a change in my premise about the nature of voting. If your premise is that democracy is how we make decisions collectively, then there's nothing per se wrong with voting. I see nothing wrong, for example, with a group of people taking a vote to determine which restaurant to go to so long as individuals are then free to go with the group or not. But my evolving premise is that democracy is closer to rape--that is, it is about some people forcing other people to go along with their will. Given that premise, which I consider immoral, I choose not to participate. To be sure (1) I think someone who votes because he thinks his vote will matter is wrong as a matter of fact, but the main issue is that (2) I think someone who votes because she thinks voting is some sort of uplifting civic good needs to "check her premises" as Ayn Rand used to say.
November 03, 2008
On election day c. 1908
From the Nov. 3, 1908 NYT (election day 1908): NATIONAL ELECTION DAY
No mas!
After voting in every presidential election since 1988 and almost every other election and special election since, I have decided to cut my losses. I have not registered to vote in my new state of Alabama and will not vote tomorrow or perhaps ever again. My working metaphor for politics is gang rape. If 9 rapists and a woman are in a room and hold a vote, it's 9-1 in favor of raping the woman. If the woman doesn't vote, it's 9-0. Same result. But at least the victim doesn't have to sanctify the process that violates her rights. I am no longer going to go to the polls to give legitimacy to these criminal politicians. Though I appreciate and agree with Brad's point that Obama is a serious threat to liberty--far more than McCain in fact. This is a case where I simply can not vote for the lesser of two evils. I read a saying somewhere recently (where? anyone know?) that says "when faced with a choice between two evils, it is important to pick neither." Words to live by. [UPDATE: possible source: Charles Spurgeon. HT: Craig]
October 29, 2008
In the spirit of Don Boudreaux...
I sent this email replying to an email I received earlier today. Dear X:
On age in politics c. 1908
Much has been made of the respective ages of the two candidates for U.S. President in 2008. One is thought by many to be too young and one is thought by many to be too old. Is it possible to be a vigorous President at 72? Is it possible to be a wise leader at 47? We will find out the answer to one of these questions next week, but the Oct. 29, 1908 NYT reports on the ages of the prevailing "world leaders" at the time:
Prediction markets c. 1908
The Oct. 29, 1908 NYT reports more wagering on the upcoming 1908 elections: A number of small wagers were made in the financial district yesterday at even money on Hughes and Chanler. Bets on Taft were few and far between, but a few were placed with odds on Taft, ranging from 4 1/2 to 3 to 1. Taft wins (52% to 43%), as does Hughes (49% to 45%).
Division of Labour Contest: Rock the Vote or Mock the Vote?
Several months ago, Russell Roberts asked his readers whether he should vote or not. I can't find Russ's original post, but I would like to try something similar because I'll be thinking about this a lot over the next couple of days at a Liberty Fund conference on Bryan Caplan's The Myth of the Rational Voter and Guido Pincione and Fernando R. Teson's Rational Choice and Democratic Deliberation: A Theory of Discourse Failure. Thus, I'm announcing The First Semi-Annual Division of Labour Purple Mountains Majesty Amber Waves of Grain Essay Contest, with the winner receiving a copy of James Buchanan and Gordon Tullock's The Calculus of Consent. Here's the prompt: A common argument in favor of voting is that it allows the voter to let his or her voice be heard in the political process, but others have argued that silence can be deafening. Take a position: should I vote or not? In 500 words or less, persuade me to do one or the other. Entries are limited to 500 words and must be submitted by email to cardena@rhodes.edu by 6:00 AM Central Time on Tuesday, November 4. Depending on the number of entries, I reserve the right to read only the entries I have time to read. Happy writing. Update, 3:18 PM: the entries are rolling in, and they're pretty good so far. Keep 'em coming!
October 28, 2008
A good bet? c. 1908
The October 28, 1908 NYT reports on an interesting investment opportunity: Speyer & Co. and the National City Bank, having charge in this country of the subscription lists for the new thirty-five year 4 1/2 per cent. sinking fund gold bonds of the Institution for Encouragement of Irrigation Works and Development of Agriculture in Mexico, announced yesterday that these lists would be closed to-day. They report a large number of subscriptions having been received from all parts of the country.I wonder how the Institute "encouraged" irrigation in Mexico and whether the Institute actually paid off on their bonds - after all, a lot is going to happen in the next 35 years.
On presidential favor c. 1908
The October 28, 1908 NYT reports a surprising fact concerning President Roosevelt's eldest son: The announcement from Hartford, Conn. that Theodore Roosevelt, Jr., has been promoted to the worsted room of the Hartford Carpet Company, but that his promotion carries no increase of wages, is supplemented by the statement of a close personal friend here that the weekly pay envelope of the President's eldest son contains exactly $4.50 [$104.60 in CPI adjusted 2007 dollars].The story is based on an unnamed source, which today would be (somewhat) frowned upon. However, if the story is true, the President's eldest son earned approximately $235 per year? EH.net suggests that nominal per-capita income in 1908 was about $340, which would mean that the President's namesake was paid less than the average citizen? I am not sure I am buying this unless a) Theo, Jr. was simply a terrible worker, b) Theo, Jr. was intentionally taking a lower salary in order to "learn how the other half lives," or c) Both (a) and (b). On the other hand, perhaps Theo, Jr., was being paid considerably more than the average worker and this story is simply a viral means of deflecting from the state of privilege enjoyed by the children of politicos - especially "populist Republican" politicos as opposed to "populist Democrats" of today - about a week away from a Presidential election.
Who knew Ron Paul had a blimp?
Go here for Secretary: Part 1.
October 24, 2008
A Second Helping
Andrew Biggs in today's WSJ: Imagine this: Barack Obama proposes a Social Security payroll tax cut for low earners. Workers earning up to $8,000 per year would receive back the full 6.2% employee share of the 12.4% total payroll tax, up to $500 per year. Workers earning over $8,000 would receive $500 each, with this credit phasing out for individuals earning between $75,000 and $85,000. Hold on a minute--I thought the 1993 Clinton EITC expansion already offset the payroll taxes for low income workers. Indeed, this snip from The American Prospect (a lefty mag) confirms my memory: The EITC dates to 1975. The original idea was to offset the bite of payroll taxes on low-wage workers in low-income families. Since then, the credit has been expanded considerably. There are now three different schedules: a small credit for single-person households and childless couples, a much larger credit for families with one child, and a still larger credit for families with two or more kids. And since eligibility is keyed to family income, the subsidy is quite finely targeted (rich kids with after-school jobs need not apply). As family income rises, EITC benefits initially grow, then level off, and then begin to phase out. A working parent with two children gets 40 cents in tax credit for each dollar earned up to an income level of $9,720. (These figures are for the year 2000.) The maximum annual benefit is thus $3,888. Then, starting at $12,690 in annual income for this type of family, the tax credit declines by 21 cents for each dollar earned, phasing out altogether at an annual income of $31,152. For a family with one child, the peak benefit is $2,353, and for a single person, it's $353. Drop the payroll tax pretense--the EITC is already more than double the payroll tax (including the employer part) that low income workers pay--and call Obama's scheme the confiscation that it is.
October 22, 2008
On bold predictions c. 1908
The Oct. 22, 1908 NYT reports on a firebrand speech given by Eugene W. Chafin, who was the Prohibition candidate for president in 1908. He was giving his first speech at the Cooper Union. Some choice nuggets were reported: "The Democratic platform is so long that it takes two newspapers to print it. It is like an old fashioned Mother Hubbard - is (sic) covers everything and touches nothing. The only difference between that and the Republican platform is that the latter looks like it was made for a child of four." And he had this bold prediction: This is a peculiar campaign. The people haven't yet made up their minds. Such a thing hasn't happened in forty years...Why haven't they made up their minds? they are thinking. They are not satisfied. This is the last battle of the Republican and Democratic Parties, anyway. In fact, there is no Democratic or Republican Party. It is either a Bryan or a Roosevelt party, each doing the master's bidding.
A billion here, a billion there...
...and pretty soon we're talking about real money. Turns out, the famous Senator Everett Dirksen (R-IL) may never have coined the phrase that is so widely attributed to him. At least that's what the Dirksen Congressional Center concludes. However, the late Senator, for whom this building is named, had a penchant for pithy tales. Here is a good one:
$328 billion. Quaint, no?
October 17, 2008
The essence of Obama and McCain
As distilled by Will Wilkinson, live-blogging from the 2nd debate. The financial crisis Obama: We’ve got an antique regulatory structure. Need to put back early 20th Century laws! McCain: Got to do something about home values. We have to make sure that markets prices don’t adjust. Government should buy tons of houses … Healthcare Obama: I’m gonna reform health care, which won’t cost anything. McCain: Online records, improve efficiencies. Obama is all like “government this government that.” Obama will fine you if you don’t get insurance. I’ll give you tax credit you can take anywhere. Energy and the environment Obama: People other than us benefit from higher oil prices, which is outrageous. … Let’s think harder about how we use energy. Holy god there is nothing more important than not trading with foreigners for energy. McCain: If only we had nuclear power Indians would not weep. The French do it! America’s the best! We can do anything! Fiscal policy Obama: If people make more than you, its not fair for you to have to tighten your belt. McCain: Freeze spending, except defense, VA, entitlements, and buying every house in America. Foreign policy Obama: Basically, I have no principle. I leave it at the discretion of my evolved moral intuition. McCain: America is greatest force for good in history of universe forever. We shed our blood everywhere. The question of when to kill people needs to be left [to] soldiers like me. Our wars are awesome because we’re a nation of good.
Political Quickies
An update on my RICO & ACORN post--apparently the FBI is investigating ACORN. I'm guessing Joe the Plumber will be getting an IRS audit next year if we have an Obama victory. On a related note, Joe the Plumber is featured in Mike Lester's cartoon in today's RNT. Folks who doubt gridlock is good might want to check out this article (scroll down to the box) in today's WSJ. The Repubs ability to filibuster the Senate has stopped much mischief. Here's hoping the GOP, for all its flaws, can keep at least 43 Senate seats. As most DOL readers are likely aware, tonight brings a new John Stossel special, the "Politically Incorrect Guide to Politics." That's must see tv at my house. 10:00 Eastern.
October 15, 2008
No Wonder Protectionism is on the Rise
I'm not normally one to whine about how Americans take so little interest in the affairs of other nations. But I couldn't help noticing this morning that my daily paper, the Columbus Dispatch, did not include any mention of yesterday's parliamentary elections in Canada. This is one of the 30 or so largest daily papers in the U.S., in the capital city of a state which shares an extensive (albeit lake) border with Canada, the United States' largest trading partner. Trade between Ohio and Canada amounts to about $30 billion annually, about six times the trade between Ohio and any other foreign nation. It has been estimated that over 200,000 Ohio jobs are dependent on trade with Canada. I found not a word about the Canadian elections in either the print or on-line editions of the Dispatch. By the way, for those interested, the ruling party, the free-trading Conservatives, returned an increased plurality, but still fell short of a majority. They are expected to form another minority government. At the same time, the anti-NAFTA, anti-trade New Democratic Party and Green Party both gained seats in parliament.
Oh to Have a "None of the Above" Choice
Here's Mike Lester's offering from today's RNT: Here's a video that summarizes McCain's new economic plan and his campaign in general:
October 13, 2008
New world order c. 1908
The October 13, 1908 NYT reports on the pending new world order (I suppose we are still waiting): The Rev. Wilbur F. Crafts, D.D. of the International Reform Bureau, who spoke at the Warren Avenue Baptist Church last night, declared in his address that within a few years Theodore Roosevelet would be "President of the World."
October 09, 2008
The guns of October? c. 1908
The Oct. 9, 1908 NYT reports on the response in Serbia of the Austrian annexation of Bosnia-Herzegovina: Belgrade, Servia: Great crowds surrounded the palace to-night shouting for war and calling for the King to appear. Finally King Peter, accompanied by the Crown Prince, came to the balcony, and implored the people not to cause disturbances. He said: In about six years, the cheering crowd would have their way - and 9-10 million men under arms and 9-10 million civilians would die.
October 08, 2008
Li'l Help?
Please go here, and vote for Mike Munger. He needs you. (Second debate is tonight, on WUNC-TV, at 8 PM. On *T* *V*, so it must be important...)
October 07, 2008
Tony Romo, Las Vegas Voter
This is why it's important to understand ACORN: Nevada authorities have raided the Las Vegas office of the community-organizing group ACORN seeking evidence of voter fraud.
October 06, 2008
Battleground states c. 1908
Think the "battleground state" is a new development? The October 6, 1908 NYT reports: New York, New Jersey, Ohio, Indiana - these are the determining States. In both National committees this is fully recognized. From now until election day these are the States in which both the Republican and Democratic managers will centre their efforts. Into these states will go both Mr. Taft and Mr. Bryan. Bryan will reserve New York for the last. The story goes on to show that candidates have ceded states to their opponents for quite some time: Norman E. Mack, Chairman of the Democratic National Committee, came here to-day and told the newspaper men that he left for the Republican in the East only Pennsylvania and two or three of the New England States, but some of his colleagues at the headquarters, when they learned that he had not put Pennsylvania into the debatable column, protested that he was altogether conservative.
October 05, 2008
Don't Know Much About History
Contrary to Joe Biden's claim that FDR took to the tele in 1929 to calm the nation after the stock market crash, the first televised White House address by a president was Harry Truman's address 61 years ago today.
October 01, 2008
Nothing New Under the Sun
I've told people before that my Plan for World Domination is to someday hire a group of fourth graders to follow me around singing "I Believe the Children Are Our Future," in which case I would be able to get whatever I want. If this video is legit, it looks like some of Barack Obama's supporters have beaten me to the punch:
Re:The Arsonists are Running the Fire Station...
Apparently John--I don't do earmarks--McCain intends to vote for the bill. To be fair, the wooden arrow provision isn't technically an earmark; it's a narrowly defined tax exemption not a specifically targeted federal expenditure. But that baby sure walks like a duck and quacks like a duck.
How Washington Works
... is to take a dubious proposition--the $700B bailout package--and make it worse: Senate leaders scheduled a Wednesday vote on a $700 billion financial bailout package after accepting tax breaks and a higher limit for insured bank deposits in a bid to win House approval and send legislation to President Bush by the end of the week. In related news, George W. Bailout is up to his old tricks: President George W. Bush on Tuesday signed into law a mammoth spending bill to keep the government running until early March 2009 that includes a $25 billion loan package for troubled automakers.
September 26, 2008
Debate Chat Transcript
Below the fold: the transcript of the live chat that occurred at www.commercialappeal.com earlier this evening (posted for my econ 101 students, who have a homework assignment based on the debate due on Tuesday). UPDATE: Apparently, I was only able to copy and paste the first 40 minutes of the chat. The rest is available here: http://www.commercialappeal.com/debatechat/. Read More »
You've Got to Love Bureaucracy
You've got to love bureaucracy, if only for the laughs. Libertarians like to mock government bureaucracy, but private bureaucracy can be just as intransigent and mind-numbing. The key thing about bureaucracy is that it always rolls on, a big, inpersonal machine that grinds all before it. And bureaucrats do what they are tasked to do, regardless of the circumstances. Here, for example, is the last press release from Washington Mutual, issued September 24, as the company teetered on bankruptcy, one day before the buy-out by JP Morgan - Chase: WaMu Recognized as Top Diverse Employer—Again Hispanic Business magazine recently ranked WaMu sixth in its annual Diversity Elite list, which names the top 60 companies for Hispanics. The company was honored specifically for its efforts to recruit Hispanic employees, reach out to Hispanic consumers and support Hispanic communities and organizations. The Human Rights Campaign, the largest national gay, lesbian, bisexual and transgender (GLBT) civil rights organization, also awarded WaMu its second consecutive 100 percent score in the organization’s 2009 Corporate Equality Index (CEI), which measures progress in attaining equal rights for GLBT employees and consumers. WaMu joins the ranks of 259 other major U.S. businesses that also received top marks in the annual survey. The CEI rated a total of 583 businesses on GLBT-related policies and practices, including non-discrimination policies and domestic partner benefits. In both surveys, WaMu earned points for competitive diversity policies and programs, including the recently established Latino, African American and GLBT employee network groups, all of which have a corporate executive sponsor and champion. “Diversity is an integral part of cultivating a welcoming, innovative and dynamic workplace here at WaMu. We are proud to be recognized for the opportunities and benefits we offer to all of our employees, including the specific efforts we have made to engage Hispanics and the GLBT community,” said Steve Rotella, WaMu president and COO. “We are committed to diversity at WaMu and pledge to listen to our customers and work closely with our employees to continue to make progress.” You can't make this stuff up. The full release is here. Hat tip to Mark Krikorian at The Corner .
September 25, 2008
Petty tyrants c. 1908
From the Sept. 25, 1908 NYT: A rich New Yorker may have a swimming pool in his yacht, as one of them has planned; he may have a marble bathtub, though porcelain-laid tubs do very well for ninety-nine out of every hundred; he may bathe in cow's milk, goat's milk, or white asses' milk, as the books say some Romans did, but he may not have two doors to his bath room if it is in an apartment house in New York City...Indeed, I am sure Mr. Butler didn't have a clue as to why someone would want two doors to a bathroom. Thus, as is too often the case with the "benevolent social planner," Commissioner Butler's preferences ruled supreme. Yet, did Mr. Butler's lack of knowledge and/or understanding of other people's preferences improve efficiency and social welfare? Hmmm.....
September 23, 2008
Bail harder, it's raining....
A little squib of an op ed in the Charlotte Observer this a.m., for your reading pleasure. The text: From Mike Munger, a Duke University professor of economics and political science, and the Libertarian candidate for governor. “The state is the great fiction by which each of us seeks to live at the expense of all of us.” The 19th French economist Frederic Bastiat recognized something that seems to be eluding our wise men in Washington, and Wall Street. If Bastiat were alive, I can guess his reaction to the bailout: First, we don't know what we are doing, and we are as likely to do harm as help. The desperate hurry comes from electoral politics, and not from any real economic necessity. Second, we aren't creating value. Government can't create value in financial markets. All we are doing is shifting costs from one group (Wall Street bankers, and mortgage sellers who took enormous and unsupportable risks) and transferring them to another group (taxpayers, who don't know any better). When you hear someone say “The government bailout of Wall Street,” make a mental substitution: “The taxpayer-funded bailout of Wall Street.” And then remember that we have a federal debt bigger than Jupiter. Deficits are future taxes. The bailout is simply a way of allowing irresponsible lenders to escape unharmed. If you have a mortgage, and can't pay, then you are responsible. If AIG has debts and can't pay, our leaders want to soak taxpayers for the bill. The point is that you can't take money away from taxpayers who earned it, give it to the financiers who squandered it, and call that a good policy. There is no danger of another Depression, which was caused by a deflationary monetary policy. We are facing a temporary credit crunch, and it will sort itself out if we leave it alone. Things aren't so bad that a panicked bunch of politicians can't make it much, much worse. Each can't live at the expense of all. Not even if you are a rich banker. And....it made "THE CORNER"
September 20, 2008
Why Vote McCain
The Armchair Economist, Steven Landsburg, makes the best case I've seen for lovers of liberty to support Senator McCain for President. I love this little discussion of free trade: "[P]rotectionism, like creationism, requires an extraordinary level of willful ignorance. The consensus for free trade among economists is approximately as solid as the consensus for evolution among biologists, and it is a consensus supported by a solid body of both theory and observation. To ignore that consensus betrays a degree of anti-intellectualism that frightens me. "McCain is quite good on this issue, not just in terms of rhetoric (which I've known for a while) but in terms of voting record (which I've just recently researched). Obama, by contrast, promises to be our first explicitly protectionist president since Herbert Hoover." Landsburg's bottom line: he, "support[s] John McCain. With trepidation."
September 18, 2008
Reason #74 why libertarians don't gain much ground
From the Center for the Advancement of Capitalism (hey, sounds good so far) comes a blog post by one Nicholas Provenzo (9-16-08 entry). The first paragraph reads: Like many, I am troubled by the implications of Alaska governor and Republican Vice Presidential candidate Sarah Palin's decision to knowingly give birth to a child disabled with Down syndrome. Given that Palin's decision is being celebrated in some quarters, it is crucial to reaffirm the morality of aborting a fetus diagnosed with Down syndrome (or by extension, any unborn fetus)—a freedom that anti-abortion advocates seek to deny. Now, I am anti-abortion and, to the horrors of many libertarians, Catholic to boot. But I also consider myself libertarian. What has bugged the crud out of me for many years is the strident belief by many libertarians (Reason magazine seems to tilt strongly in this direction, or at least it did when I subscribed to it a year ago) that anyone religious is a backwards boob secretly or overtly determined to submit everyone who isn't hip to theocracy to an Inquisition. My own thought, and I have read counter-arguments to my opinion, is that in normal situations a new human being begins when the full genetic blueprint for a new person is created, at conception. I don't see how, after the two haploids become a diploid, this being is anything but human, and thus deserving of the rights any other human has. So, in that sense, abortion violates the nonaggression axiom that virtually all libertarians profess. Sure, some humans are born with genetic defects just as some are born with attached earlobes, but to me that makes them no less human. But Provenzo would kill 'em all, even those with no genetic problems, and call it moral. I feel like I have to take a shower just typing that sentence. Regardless, I don't see how a blog post such as Provenzo's would make an ideological fence-sitter say "well, heck yeah, gimme some more o' that capitalism then! I now think price controls and universal health care are wrong!" I get the same queasy feeling when obvious potheads call themselves libertarians just so they can get their drugs cheaper. I realize this strain of thought is due to Rand's anti-religious bigotry, but I don't understand why these folks can't realize that a love of liberty and religion are not mutually exclusive. Heck, even higher-ups at the Vatican acknowledge that belief in God and in evolution can be compatible. Until this sect of libertarianism stops acting so fundamentalist, I'll continue to be slightly embarrased to admit my libertarian leanings.
September 12, 2008
Re: Election Prediction
Picking Palin certainly made things more interesting. She will likely help shore up pro-life votes for her side, since McCain can be faulted for wanting embryonic stem-cell research (which hasn't demonstrated any medical benefits, while adult stem cells have). Add that to the dual gaffes that both Pelosi and Biden have made on when life begins, which brought a united front of US bishops objections, and I think the McC-P side picks up most cultural conservatives, Dem or Rep. Of course, the beauty pageant that is the US Presidential election will probably show the Obamessiah ascending, with the help of the press. They don't really need to worry about anything until two weeks before November anyway, since our attention spans won't remember or care about anything that happens now. And who cares about the prospect of nationalizing the US health care industry when you look so good on the beach? Bottom line: Bush fatigue + McCain being an old fart + Obama rockstardom = Obama victory + Tim looking at the EFW index to find a country more free than where we will regress to.
Re: Election Prediction
Don't care enough to have one. Sorry.
My Prediction
I think Bob's prediction is close, but I still give the edge to Obama. Here's why--OH is almost certainly going to shift to Obama (though I'm not sure it'll yield as big a margin for Obama as Bob predicts--it probably depends on the def of big margin). A poll at RCP does have McCain up 2.2% in Ohio, but I think it's unlikely to be correct and/or sustained. The flipping of OH holding all else constant would give Obama a 272-266 Electoral College Victory. As for other states, I think they are, on net, more likely to shift to Obama than away from Obama. While McCain may pick up NH, his next best hopes are probably places like MI, PA, and MN all of which are pretty Democrat states. By contrast, Obama is currently ahead in polls in CO and NM and also has a chance at VA. As for events, momentum, etc--I'm guessing this might be something of a high water mark for McCain. I expect some of the Palinmania to subside (too bad--anyone who supported Steve Forbes in 1996 is off to a good start in my book); we may also get more gloomy (or at portrayed by the media as more gloomy) economic news. Or Cindy McCain may buy another house. I realize I'm going against the current Intrade odds (53-46 in favor of McCain). I'm also going against my ever so slight preference (because gridlock is good!) for McCain.
Prediction Time
It's time all DoL bloggers to put up or shut up. Who's gonna win the big race for I'll start, and I'll be specific: Read More »
Headlines that probably should have been revised
The headline from today's local fishwrapper: "ACT scores up, black enrollment down in freshman class" I might comment more but I don't want to get fired because of a blog post.
September 09, 2008
Apologists of the world unite!
Mary Theroux has a blog post about the various Depression-era Western apologists for communism. Heck I remember such apologists in my college days in the 1980s among fellow students as well as professors. Her post reminded me of a recent conversation with a small group of people including a somewhat prominent mainstream economist. We were talking about the Georgia-Russia war, and someone compared Russia's actions with the Nazis. I kinda chuckled and told a story about a poster I had in college. It had a swastika, a hammer & sickle, and picture of Stalin and Hitler. The caption read "Two Faces. One Ideology." I just loved that poster! It used to infuriate my commie-pinko leftist friends in college, which is precisely why I liked it so much. Anyway, after a momentary pause, this prominent economist says, "Gee, I don't know if that's fair. I think they [i.e., the communists] meant well." WTF? They meant well?!? They meant well?!? For the record:
September 08, 2008
Munger Interview
A nifty interview with co-blogger and NC gubernatorial candidate Mike Munger is here.
September 06, 2008
What Was Missing In Senator McCain's Speech?
At last week's GOP Convention, much attention was focused on John McCain's heroic life and the personal sacrifices he has made in defense of his country. It is easy to forget just all that Senator McCain has been through - this is a man who can no longer lift his arms over his head, as a result of the tortures he suffered in Vietnam - as Fred Thompson said, in a moving speech, Senator McCain, "can no longer salute the flag of the country he loves." I am moved by Senator McCain's story as much as anyone - I have always said that he is a true American hero. In his acceptance speech, Senator McCain explained that he "fell in love" with the United States during that time as a prisoner in Vietnam. Why did he finally fall in love with America? "[F]or it's decency, for its faith in the wisdom, justice and goodness of its people. I loved it because it was not just a place, but an idea, a cause worth fighting for." What's missing there? The decency of America, and the wisdom, justice and goodness of its people are all things I believe in, and reasons why I love this country. But I cannot imagine that if I were asked "what do you love about the United States," my answer would not begin with, "freedom." "Freedom" didn't make Senator McCain's list. By this I don't suggest that Senator McCain doesn't value freedom. Clearly he does. Senator McCain closed his speech by saying that he "fight for the ideals and character of a free people" (good, although I didn't ask John McCain to fight for my "character," and I'm not quite sure what that means. If he meant he was going to stand up for my own character, well, that's one he forfeited long ago). Perhaps "freedom" is what he meant by the "idea" of America that he vaguely referenced. He did warn us of the "threats to peace and liberty." But there were no other uses of "free," "freedom," or "liberty" in his speech. It is, perhaps, a telling omission that "freedom" did not make this list of core values, in a speech that must have been reviewed umpteen times to get every word just right.
September 02, 2008
Third-Party Politics
The Onion covers the emerging Joad Cressbeckler campaign. One supporter says she is "voting for a man [she] can imagine drowning a bag of cats," but I have to take issue with his trade policy.
Next up: Putin sets world record in pole vault!
Ah Putin! Be still my heart! The man is amazing! Just as Putin was arriving with a group of wildlife specialists to see a trapped Amur tiger, it escaped and ran toward a nearby camera crew, the country's main television station said. Putin quickly shot the beast and sedated it with a tranquilizer gun.
August 28, 2008
Georgia comic
August 24, 2008
Political Action
A few thoughts on campaign dynamics. I just saw that an organization is offering free campaign schwag supporting a candidate for whom I do not plan to vote. I see a couple of possibilities: 1. I take the schwag, stick it in a drawer, and thereby impose costs on an organization that supports policies with which I disagree. 2. I take the schwag and wear it ironically, thereby using this organization's political ammunition against them. 3. I take the schwag and try 1) or 2), but the organization is able to get political mileage out of the fact that people want their stuff. My attempted subterfuge backfires. 4. There is an implicit agreement whereby I agree not to take someone else's campaign schwag unless either I collect it or I use it to support the organization. Incentives in the system imply that the agreement always breaks down, which could be one of the reasons why clean campaign rhetoric doesn't match dirty campaign reality. That could be an interesting political history paper, though I'd be surprised if someone hasn't written it already. 5. I blog about it, ignore it because accepting the offer will get me on every political mailing list in the solar system, and go on with my life. Comments are open if anyone has thoughts.
Presidential Campaign Miscellania
OK, OK, presidential campaigns are no place to try to find economic wisdom, but this year's campaign seems more devoid of economic knowledge, and full of economic idiocy, than any I can remember in my lifetime -- a lifetime that remembers campaigns by Richard (wage & price controls) Nixon and Gerald ("Whip Inflation Now" buttons) Ford, not to mention a campaign by Walter Mondale. Here we have Barack Obama, whose proposed solution to rising energy prices is to take steps to a) decrease supply (with new taxes and regulation of "big oil") and b) increase demand (by using the tax revenue so raised from suppliers to fund cash payments to consumers), up against John McCain, to whom "economics" is sort of like "the vision thing" was to the senior George Bush - it's something he knows is important, but he just can't quite get a handle on it, and often it appears that he's not even quite sure why it's important. Now Senator Obama has decided to supplement his economic illiteracy by selecting Senator Joe Biden as a running mate. Biden is known for many things, but economic policy is not one of them. Meanwhile, if Senator McCain picks a Senator as a vice presidential candidate, he'll complete an unprecedented sweep - all four members of the major party tickets will be sitting U.S. Senators. I'm pretty sure this is a sign of the apocalypse, but hold on while I check my references. ... Yes, it is. Meanwhile, poor old Bob Barr continues to make his pitch for voters to vote capital "L" Libertarian. Is he having success? John Zogby's latest interactive polls continue to include Barr, who makes some surprisingly strong showings. To wit: Colorado: 8% This is remarkable, really. Note that in none of these polls does Ralph Nader (also included by Zogby) top 3%. Of course, "interactive" polling remains highly controversial among pollsters. Even assuming these numbers are accurate, the norm is for third party support to fall off sharply close to election day, especially if the race between major party candidates is close. Nevertheless, these are surprisingly strong showings, especially given that Barr's fund-raising has been so-so and, like any third party candidate, he struggles to find any media oxygen (though he certainly is outdoing any previous Libertarian candidate). Could Barr really poll double digits, even in relatively libertarian Nevada or New Hampshire? And remember that Zogby's polling in early July showed Barr at 8% in Georgia (which he represented in Congress for four terms), six and seven percent in neighboring South Carolina and Tennessee, respectively, six percent in giant Texas, seven percent in McCain's home state of Arizona, and 5% in Obama's home state of Illinois, among other showings. Common wisdom is that Barr's support comes primarily from Republicans, but it may be wrong to assume that Barr's candidacy helps Obama. It strikes me that at least as likely is that Barr gives libertarian leaning Republicans upset by the GOP's spending binge, corruption, and conservative positions on "social issues" a place to park their support short of pulling the Obama lever (or, for you conspiracy theorists, pushing the Obama button on their Diebold-rigged machine that will record their votes for McCain anyway). If that's the case, then Barr's candidacy helps McCain. If I can find a bit of time, I hope to look at the Barr campaign's pronouncements on the economy to see if they actually do make more sense than the nonsense coming from the Obama camp and the bewilderment released by Senator McCain. I'll share the results here.
August 22, 2008
But What About the Blogging Economists Who Like College Football And Barbecue Demographic?
Of course, all this should be capitalized into prediction market prices.
August 20, 2008
Don't get sick!
Just got back from a doctor's office visit (darned high cholesterol!), and we had an interesting chat about the upcoming election. He told me that if the vote results in a particular candidate being elected, leading to a single-payer system, then the practice (of which he is part owner along with a few of the other docs) will end up laying off a huge number of staff. He bases this conclusion on the comparison with Medicare patients, who are a financial loss for the business. If his thinking is correct, this could really harm our area, since there is a large presence of health care businesses here. Of course, would the voting public draw the connection between unemployed medical staff and universal health care? Would they recognize that the large wait times due to both less staff and increased quantity demand from patients is the inevitable result of their wishes for medical care at a zero price? Would they understand that the substandard medical care they are receiving is due to the neglect of prices and incentives? Do I really want the remaining overworked and underpaid staff to be sticking me with needles? The only bright spot in our discussion was my doc's thought that, should this all happen, he would open a new practice with a visibly posted fee schedule, so patients knew what they were paying. Reminded me of John Stossel's Sick in America.
August 13, 2008
With peacekeepers like these...
...who needs invaders? Hundreds of South Ossetian rebels with some Russian army personnel went house-to-house in villages near Gori. They set houses ablaze and looted buildings, witnesses said.
August 11, 2008
Dear John (Edwards)
Thank you for your heartfelt admission of guilt of cheating on your marriage vows and lying about it for the last two years. As these sorts of celebrity/politician apologies go, yours was as genuine as I can remember. I was particularly struck by this part of your statement, "I started to believe that I was special and became increasingly egocentric and narcissistic." Who can blame you? You spent the last several years being wined and dined by the most powerful people in the world. You had scores of people telling you how great you and your ideas were. You could have become president! Heck I bet haven't driven yourself to work or gone to a grocery store in years! Who wouldn't let this go to his head? I fear this typically happens even to good people when they are elevated to political office. And this is precisely why it is so dangerous to give you politicians the kind of unlimited power over our lives that we have given you. Your political career is over perhaps, but we citizens still have to live under the rule of your "egocentric and narcissistic" colleagues who remain in office.
July 30, 2008
Why the airlines don't really mean it against oil speculators
J. D. Foster at Heritage writes: Speculators accept risk that somebody else doesn't want. And speculators are rewarded for accepting risk if they prove right, and they lose money if they get it wrong.
July 29, 2008
On border control c. 1908
A July 29, 1908 NYT article concerns the militarization of the southern border of the U.S.: Tired of being made the recruiting ground for filibusters the United States is taking steps to put an end to the hatching of conspiracies against the peace and welfare of its neighbors. The State Department is using every resource of the Government to prevent such violations and to punish the infringement of the neutrality laws. A stop is to be put in this country to such plotting as preceded the uprising in Northern Mexico... Oh, the irony.
July 25, 2008
The Man from ACORN
Sobering piece by Steven Malanga: Meeting last November with the leaders of the Association of Community Organizers for Reform Now (Acorn)—the nationwide network of left-wing community groups that taps government money for a host of causes—Obama declared: “I’ve been fighting alongside Acorn on issues you care about my entire career,” including representing Acorn in a court case in Illinois. Acorn members apparently reciprocated by working hard to turn out voters for Obama’s Illinois campaigns, according to a 2003 piece in the magazine Social Policy by a Chicago-area Acorn organizer. After the candidate’s November appearance, Acorn’s affiliated political action committee endorsed Obama for president.
Masses vs. Classes c. 1908
An interesting quip from the July 25, 1908 NYT: The "masses" and the "classes" in England differ in this - the former are to be bought with a drink, the latter with a dinner.The same could be said of the masses and the classes of the United States today.
Rent Extraction on K Street
It’s tough to be a lobbyist these days, baby. It’s not all capture and vote-buying as the populists would have you believe. As Kimberly Strassel writes in today's Opinion Journal, politicians have no reason not to use what leverage they do have back against you. As most of Washington met last week to fret over the economy, Harry Reid was attending a less-noticed summit. The Senate majority leader had summoned the titans of more than a dozen industry trade groups to a Capitol Hill meeting, where he delivered a crisp message: Get with our program, or get demolished. It’s called “rent extraction” in the public choice literature. Fred McChesney did most of the work on it, culminating in his 1997 book, Money for Nothing. A variant of rent extraction is so-called “milker bills,” where legislators “float” a regulatory proposal that would harm industry or firm X, who is supposed to get the hint that a few extra campaign dollars could help get the proposed bill onto the back burner. Another variant is so-called tax farming, where the politicians play nice with tax base X while finding indirect ways to tax them. One indirect mechanism that’s become increasingly popular in recent decades is tort law. Take big tobacco, for example. Most of the monies that states have collected under the $246 billion master settlement have simply substituted for general tax dollars. A New York Times study did some of the bean counting, and found that 95 percent has gone to fund public works projects or property and sales tax relief. On this point, Jeffrey Haymond has a chapter in my forthcoming book, Law without Romance, titled "Class Action Rent Extraction." Torts, of course, are a kind of hidden broad-based tax. The Council of Economic Advisors in 2002 estimated the annual “tort tax” (higher prices imposed by business sector to cover costs of litigation) at nearly $200 billion. These lobbyist shenanigans—the K Street Project—aren’t much different. So from a public choice perspective, the so-called "K Street Project Part Blue" isn't much of a shock at all. Sure, it is vaguely sordid to see pols strong-arm the hiring decisions of Big Lobby. But the article misses the larger point that rent seeking is socially costly in the first place, and rent extraction only furthers and compounds those losses. Thanks to Richard Reinsch for the pointer.
July 21, 2008
Best Sentence I've Read Today*
Bryan Caplan on voting, relevant to my post from earlier today on whether or not one should rock the vote: Apathy may not be a virtue, but it's a lot better than the activism of the irrational. Thoughts? Comments are open. *Meme: Marginal Revolution.
Lindsay Campbell: Mock the Vote
Lindsay Campbell at www.moblogic.tv makes the case for non-voting:
I'll elaborate on an important point that she makes. If you stand in line at the store for a couple of hours on the day after Thanksgiving, if you line up to get the new iPhone, or if you line up at midnight to see The Dark Knight (we didn't, but if there's a midnight showing of The Clone Wars in a few weeks, I'm there), you at least have something to show for it. If you stand in line for a few hours to vote, you exert exactly zero influence on the outcome and maybe you come away with an "I voted today" sticker. I still do it, though. My thoughts on voting in Presidential elections are here. Here's South Park's very intelligent but very less-than-wholesome take on voting. They use obscenity and vulgarity in the service of satire, but you've been warned.
July 18, 2008
Letter to the Editor: Mike Munger in the NC Debates
I just sent the following to the Raleigh News & Observer. The letter's marginal contribution to the probability that Mike is included in the debates is probably small, but every little bit helps and the idea is now on record. While I am not a North Carolinian, I have been watching the discussion over whether Libertarian candidate and Duke University political scientist Michael Munger should be invited to the gubernatorial debate with some interest. I only first met Dr. Munger at a professional meeting in March, but I have admired his scholarship and contributions to the public understanding of economics and political science for years. Dr. Munger and the Libertarians did all that was required of them to appear on the ballot, and they did it all in very timely fashion. For this reason alone, Dr. Munger should be invited to the gubernatorial debates. Beyond this, however, Dr. Munger holds a PhD in economics and chairs the political science department at one of the world's elite universities. Including him would elevate the level of the debate considerably. Excluding him from the debates would be unfair to Dr. Munger, but the real injustice is done to the voters of North Carolina. If Dr. Munger is excluded, the voters are denied the opportunity to have a debate featuring all the legitimate candidates.
July 17, 2008
How Should One Decide Who to Support?
Not by "voting against" the candidate you don't like or by picking "the lesser of two evils." My thoughts are here.
July 16, 2008
Congratulations!!
You're the Terrorist Watch List's 1,000,000th customer! I wonder what you win for that sort of thing? HT: Anthony Gregory.
July 15, 2008
Point to ponder c. 1908
A letter to the editor of the NYT on July 15, 1908: If the Democratic Party will run all of its States down hill, what will it do with the Nation if it gets it?
July 10, 2008
YouTube Ad
The first YouTube ad of the campaign. Major, major props to Rusty Sheridan. His company.
July 09, 2008
Compulsory Volunteering
Via Cafe Hayek, here's an interesting dissection of proposals to mandate volunteering. I particularly like the discussion of intractable measurement problems: what is "service," what isn't, and who decides? This exposes a glaring inconsistency in US labor policy. Working voluntarily for a wage of $5.00 per hour is unacceptable exploitation and is therefore illegal. Working involuntarily for a wage of $0.00 per hour, on the other hand, is ennobling service and may soon be required.
July 07, 2008
Podcast on Transantiago
Hey, you podcastrians! It's a new installment of the Russ and Mike show. For which, I should add, I was paid my full market wage. We talked about the Transantiago cluster fig. And talking to Russ is always fun.
Grenade: Thanks!
Lots of folks helped with the Money Grenade, and with getting word out about the difficulties I have been having even getting access to the normal assets of campaigning. Read More »
July 02, 2008
Limiting Access to the Political Order in North Carolina
My short piece on Mike's adventures in North Carolina politics (see below) was published on the Independent Institute's blog here.
June 30, 2008
Internment Camps and You: Partners in Freedom
I've heard David Beito shows this video in some of his IHS history lectures:
June 28, 2008
Crimes Against ... Whatever
So who's the criminal? According to James Hansen, it's greedy CEOs: CEOs of fossil energy companies know what they are doing and are aware of long-term consequences of continued business as usual. In my opinion, these CEOs should be tried for high crimes against humanity and nature. According to an unnamed UN adviser, it's those pushing ethanol: But several aid agencies and analysts have warned of the possible downside of biofuel crop cultivation. In both cases, it's pretty loose talk. HT: CEI's "Cooler Heads Digest" 6/27/08
June 27, 2008
Party platforms c. 1908
The June 27, 1908 NYT reports on what is expected to be in the Democratic Party's platform, to be introduced by William Jennings Bryan, the party's nominee that year. It is fascinating that the next 100 years, during much of which the Democrats were in control of Congress (and occasionally the White House), the party platform has changed very little, suggesting that they haven't been very successful in implementing their goals. Whether this is an indictment of Democratic leadership or of their opposition, I am not sure. Here is a paraphrased list of what the paper suggests will be in the Democratic party's agenda:
Certain planks have moved from one part to the other, but as far as populist agenda items go the current Democratic party might have be very similar.
June 22, 2008
The Barr Factor
Will Libertarian Party presidential nominee Bob Barr be a factor in '08? Probably not, but don't discount the idea completely: at least some polls show Barr polling in the six percent range nationally. Third party support typically falls off close to election day, but in some crucial states. notably Georgia, which Barr represented for most of a decade in Congress, there is reason to believe he can hold most of his support, which has neared the 10 percent level in some polls. Barr's fundraising has been so-so: he's raised about $50,000 a week, on average, since gaining the Libertarian nomination four weeks ago. But his media coverage has been impressive. He's done, among others, Fox News (at least twice) and CNN, the hip Colbert Report on Comedy Central, a full hour on Glen Beck's TV show on CNN, and Geraldo. This week he'll be doing some major talk radio, including Dennis Miller on Monday and Bob Grant later in the week. If this is not quite Cadillac coverage, it's better than any Libertarian candidate has ever gotten before. A Lexis/Nexis search finds 427 stories referencing "Bob Barr" in the four weeks since his nomination on May 25 - by comparison, a Lexis search finds just 49 stories mentioning 2004 LP nominee Michael Badnarik in the four weeks after his nomination on May 27, 2004. He's also got the requisite meet up groups going at Meetup, Facebook, and MySpace, and other web sites. The obstacles to Barr's success - or that of any third party or independent candidate - are enormous. Ballot access laws force minor parties to spend large sums just getting on the ballot, whereas the Republican and Democratic Parties typically get automatic access in all 50 states. Campaign finance laws work against third parties, by limiting the amounts that can be contributed (historically, new parties, because of their smaller base of support, are more reliant on large donors) and by scaring away donors (I know of at least three people who have intentionally donated less than $200 to Barr's campaign in order to avoid having the names disclosed, as required by law for donors of $200 or more. Surely there are many more who limit their support or don't donate at all. For business and political reasons, many supporters, especially those active in politics or with business before the government, are afraid to make their support public). As Michael Munger has learned in his run for North Carolina Governor, it is almost impossible for even the most credible third party candidates to get into public debates. Most of all, the winner take all system of voting used in the U.S. (which I support) will always make it very difficult for a new party to break the two-party monopoly. Still, Barr may be the is the strongest Libertarian nominee ever, and almost certainly since the articulate Ed Clark, funded by his wealthy running mate David Koch, picked up a bit over one percent of the vote in 1980. With many small government Republicans dismayed over the nomination of John McCain, there is an opening for Barr to gain meaningful numbers of votes and to draw attention to the need for and benefits of limited government.
June 20, 2008
Obama Moves to the Middle
I'm in Toronto for the ISNIE meetings, and I caught this story in today's Toronto Star. Apparently, Obama's sound and fury about NAFTA a few months ago was exactly what everyone thought it was.
June 17, 2008
Yard signs revisited
A few years ago I commented on my city's ban on political yard signs until 30 days before an election. I got the city attorney to admit that the law was unconstitutional. Harrison, Ohio is being sued over their law.
June 15, 2008
Munger Excluded From Debates in NC
Some background, on the decision of five different organizations "independently" to exclude me from the gubernatorial debates. What are the odds of THAT happening, do you think? An interesting exchange, worth reading in its entirety, on Steve Newton's blog. Some thoughts: 1. I announced my candidacy in May 2006. I have been included in MANY forums and debates, and have appeared three times on the same stage as Bev Perdue and Pat McCrory at forums. Admittedly, these were serial, rather than simultaneous, appearances, but it was within minutes. 2. The success of the Libertarians in getting on the ballot was known in March, and was official in May. Furthermore, this is the 8th time the Libertarian candidate for Governor will be on the ballot, officially. This is not new, either in terms of history over 30 years, or formal process this election cycle. 3. The NC Bar Association is a private organization, and as far as I can tell the event will not be televised externally. That means that this is NOT an in-kind contribution to the candidates. So, as a matter of principle I would defend the right of that organization to choose the folks who will appear at their convention. But, to paraphrase Glenn Close in "Fatal Attraction," I'd have more respect for the NCBA if they'd just tell me to frig off. "We didn't know", if true, means that these people are way too dumb to be trying cases in state court. Fortunately, it's just not true. I think you would rather have a lawyer who is a good liar, compared to an idiot, right?
June 13, 2008
WHO's kidding whom?
A summary of some of the sources of bias in WHO's health care quality index: Michael Moore made great sport in his film "Sicko" of pointing out that the World Health Organization (WHO) ranked US health care a lowly 37th in the world, considerably below France and Canada. But, much like Mr. Moore himself, the rankings are far from impartial or empirically sound. [. . .] But an examination of the index tells us more about the ideology of the authors than it does about the quality of American healthcare. [. . .] The most obvious bias is that 62.5% of their weighting concerns not quality of service but equality. In other words, the rankings are less concerned with the ability of a health system to make sick people better than they are with the political consideration of achieving equal access and implementing state-controlled funding systems.
June 12, 2008
The Paternalist State
The Grey Lady wants you to be taken care of. Today's editorial on tomatoes ends: "Industry, as well as consumers, need much better protection. They should not have to wait until the next food scare before Washington comes to the rescue." Meanwhile, the FCC held hearings today on whether to prohibit early termination fees charged by mobile phone carriers. Public choice founder, James Buchanan, has argued that the State has supplanted God as the bearer of ultimate responsibility. Stand by for new sex legislation that people may only shout “Oh state, oh state, oh state!!!”
June 11, 2008
Chilipunk'd!
The candidates from the "major" parties have organized their own private election, with just two people invited: Bev Purdue and Pat McCrory. Five debates, only two candidates will be allowed. Here's the strange thing: It's really hard to get on the ballot in North Carolina. The Libertarians did what the state required. It wasn't easy, but we did it. Why doesn't that translate into being included in the debate? Why do the state-sponsored parties get away with this? It's because you, the voters, are indifferent. It's not the media; you can't blame them. Having me in the debate is MUCH more interesting, and would improve ratings. You can count on the media actually preferring that I be included. But I'm not. Because the Dems and Repubs don't want even a whiff of competition to affect their cozy cartel. Where's the outrage? UPDATE: A snippet from the press release that will go out soon.... North Carolina has very restrictive ballot access laws. Simple fairness requires that every party crossing that very high threshold must be admitted to the debates. Let's be very clear: the General Assembly established a criterion for inclusion, and the Libertarians passed that test. Yet the Libertarians have been excluded from participation, without explanation. The political elite of our state has made a decision to put its own convenience over the obvious will of the citizens. As H.L. Mencken said, "Democracy is the theory that the common people know what they want, and deserve to get it good and hard." When you watch a debate where one legally qualified party is excluded, you are watching North Carolina "democracy" in action. Is this the kind of democracy that you want to live in?
June 06, 2008
Will Wilkinson on Production and Distribution
Will Wilkinson has a great post on European regulatory and redistributive institutions. Politically, people support redistribution through the regulatory system because it doesn't feel like redistribution. A choice passage: The structure and regulation of an economy is conceptually separable from tax and transfer policy. Of course, it is really all one system, and taxes and transfers affect economic performance by affecting labor supply, etc., but this is relatively distinct from the body of law that defines the parameters and rules of the economic game. You could in principle have buck-wild laissez faire together with fairly high taxes and lavish social insurance. Nobody does do this, exactly, but it’s possible. Optimize the basic economic structure for maximizing wealth creation, not for creating a pattern of distribution, and then use the political institutions to take care of redistribution after the wealth is created. Because then there will be more wealth.
May 30, 2008
On party pride c. 1908
Something to think about in the current election cycle comes from the May 30, 1908 NYT: Col. Watterson knows perfectly well that the Republican Party organs regard Mr. Bryan's possible nomination cheerfully. They would like to feel sure of having no stronger man to beat, and have been hopefully predicting his nomination.
May 29, 2008
On Congressional spending c. 1908
The May 29, 1908 NYT reports that Congress, for only the second time in the country's history, has appropriated more than $1 billion (the first time was in 1865). The first paragraph says a lot: When Congress packs its carpet bag this week and goes home, it will have established a record for expenditures never reached before in the United States in times of peace. The same can be said of our current congress. The article suggests that $1,007,086,569 will have been appropriated by the Congress (plus a little more perhaps). EH.net indicates that total GDP in 1908 was about $30.1 billion (in current dollars). Hence, Congress appropriated about 3% of total GDP. Today, it is closer to 20%. In 1908, the U.S. Congress appropriated about $11.27 per capita, whereas today it is approximately $6,000 per capita. In 1908, the U.S. Congress appropriated $391,474,342 for the U.S. Army and Navy (about 40% of the budget and about 1.3% of GDP) whereas today the U.S. government spends less than 5% of GDP and 20-25% of federal spending on the military (five branches rather than two). The article does provide the totals by appropriation bill (where is such information today?):
May 28, 2008
Politics as usual?
The blatant selling-out of politicians never ceases to amaze me. What is even more amazing is that the electorate seems fairly comfortable with the entire process. The ideal of one-man-one-vote and that average schleps like me might be able to gain access to members of Congress or the executive branch seem far away from today's political antics (perhaps there never was a golden era). Today's New York Times reports that the Democratic party is having a hard time "raising" the money for its convention in Denver this August. The term "raising" is a bit of a stretch because it doesn't seem like the party is reaching out to the individual party members but to the corporate bigwigs without even attepting to veil their selling-out: Denver’s mayor, John W. Hickenlooper, has suggested that the Democrats’ long nominating battle has distracted potential donors. But, no matter the obstacles, the Denver host committee is aggressively packaging corporate sponsorships that promise corporate executives access to key politicians in return for writing a check to the host committee. Hosting a political convention isn't worth much to the local economy in terms of net new spending. As shown in this paper by Dennis Coates and myself, Houston lost approximately $19 million in taxable activity when it hosted the Republican convention in 1992. This negative net result is not refuted by this study by Baade, Baumann, and Matheson [note: incorrect abstract] which shows that hosting a political convention does nothing for employment, per-capita income, or income growth. Thus the appeal to civic pride, the last bastion of the politician who wants to spend other peoples' money to enlarge their own reputation and stature. Not to be outdone by the mis-remembering and mis-speaking that the two party candidates seem to engage in on a daily basis, the next paragraph contains a juicy statement by the spokesman for the Denver host committee: "This is a historic event for Denver," Mr. Lopez said. "It's the first national convention in the interior West. It gives Denver a chance to demonstrate that it can host a national convention and show that Denver has the wherewithal to raise money and be the place where you want to be."Perhaps Mr. Lopez (no relation, I hope to our co-blogger Ed) doesn't consider the 1908 Democrat national convention in Denver to have been a national convention? Perhaps the convention took place so long ago that no-one remembers or should remember? My guess is that CNN or Fox or some news network will hearken back to the Denver (19)08 convention to bring up WJB, the platform of the day, and how it relates to contemporary issues. At that point, will anyone remember (or better yet even care) that the spokesman for the Denver hosting committee was so incorrect?
Government is a Force That Gives us Meaning
David Boaz's article in today's Wall Street Journal on the Presidential Candidates' exhortations to "collective service" (?!) has already made the rounds on the blogosphere. Arnold Kling weighs in here. Here's Will Wilkinson on the insufficiency of "meaning" as a criterion for indulgence. I want to add a couple of points. First, it's ironic that mutli-millionaire politicians like Obama and McCain are tut-tutting us for our alleged devotion to unrighteous mammon. Second, I borrow here a meme from co-blogger Wilson Mixon and ask whether it is better to feel good than to do good. Are the candidates interested in outcomes, or is it the sacrifice per se that is important? Comments are open until I get spammed with the first offer for porn, mortgage refinancing, or no-limit Texas Hold 'em.
Baptists, Bootleggers & Horrid History
From The Economist's review of "Fatal Misconception" by Michael Connelly (Harvard University Press): All too easily arrogance slides into inhumanity. Much of the evil done in the name of slowing population growth had its roots in an uneasy coalition between feminists, humanitarians and environmentalists, who wished to help the unwillingly fecund, and the racists, eugenicists and militarists who wished to see particular patterns of reproduction, regardless of the desires of those involved. The first group knew perfectly well that economic development, education and rights for women were very effective in reducing birth rates. But the second regarded promoting these ends as too slow and expensive. And even suggesting them risked shattering the coalition: among the hardliners were many who found the tendency of educated women to have fewer children almost as problematic as that of uneducated ones to breed prolifically. I disagree with the view that the most devastating critique is that population control policies didn't work, but the review is most compelling and quite well done.
May 21, 2008
On party politics c. 1908
On May 20, 1908, a number of state Democratic conventions were held. The majority of delegates instructed on that day were for Bryan. However, the May 21, 1908 NYT has an amazing piece of writing that is as relevant today as it was yesterday (and that is unfortunate): Intimating that the system of party government in this country is threatened with disintegration by the progress of intelligence and free thought in themselves, and declaring that already there are signs of its demoralization by the gathering independent forces outside of the party organization, Goldwin Smith, the English scholar, has written from his home in Toronto to students at Cornell bidding them to take a careful study of present conditions, with a view of determining for themselves that party government and parties are not the best means for the welfare of the state.The first paragraph already asks a lot of the reader. How many college students today have been asked or, better yet, thought to ask themselves if party politics is the best way? My guess is very few. As for why the parties still exist 100 years later with barely any viable competition? Perhaps one way to continue party dominance is to retard the progress of intelligence and free thought? It worked (for a while) in Soviet Russia and elsewhere. Smith goes on to describe the forthcoming presidential campaign: "But in a few weeks Democrats and Republicans will be organizing a political war against each other in a spirit hardly less bellicose than that of actual warfare, with arsenals full of political projectiles on both sides; while the community will be inflamed; intrigue, and perhaps not a little corruption of different kinds, will be at work, and the press on both sides will be blowing the trumpets with more regard to effect than truth.The only difference today is that there is an Orwellian feel of "ongoing war" in today's politics, although there was a similar if less ubiquitous banter in the early 1900s. Smith then asks the important question that many "independents" may have already answered: Is this an institution in which a Nation can forever acquiesce? Are there not symptoms or signs of a change already in the shape of independent forces gathering outside the regular organizations and threatening to disorganize them in time? will not the progress of intelligence and free thought of themselves bring disintegrations?"While the parties might have faced competition, Teddy Roosevelt will run a third-party campaign in the next election (1912), economic theory would predict that they would use the power of the government to protect their duopoly (joint monopoly) status, which indeed it seems they have. The parties have raised the costs of potential rivals, directly and indirectly, that the possibility of a legitimate third party competitor is unlikely. Smith finishes by providing a bit of U.S. history concerning parties: "It is needless to say that nothing like this was contemplated by the framers of your [U.S.] Constitution. Washington sought, by putting Hamilton and Jefferson together in his Administration, to stifle partyism in its birth. The present intensity of party perhaps hardly antedates the Jacksonian era. Indeed, how many "motley and discordant elements" comprise every party today? However, the interesting point Smith offers is that parties necessarily cobble together a coalition but each member has to sacrifice "vital interests" to do so. In cartel theory, economists propose that a cartel member might voluntarily sacrifice some sovereignty for a chance at higher profits. Without sufficient monitoring of behavior and enforcement against cheating against the cartel, solidarity is hard to maintain. Political parties would seem to have a similar problem. It is difficult to monitor certain behaviors, such as voting in secret ballots. However, one thing the party has over the private cartel is the ability to tax and bribe those "discordant elements" to maintain solidarity.
May 20, 2008
Delegate dilemma c. 1908
Just so that we know that delegate allocation has been a problem in the past, the May 20, 1908 NYT reports on possible shenanigans in Pennsylvania: The Democratic State Convention, which meets here to-morrow, promises to be one of the warmest in the recent history of that party. The fight, which has divided the Democracy of the State, is on the question of whether the convention shall send the four delegates at large to the National Convention under binding instructions to vote for William J. Bryan or whether they shall go to Denver unfettered.This is amazing. Democrats go to Denver in 1908 and 2008. Delegate dilemmas abound in 1908 and 2008. However, if these dilemmas were truly problematic in picking a candidate, the party would have revamped the way it chooses delegates. However, because the same dilemmas persist 100 years later, it must be that someone benefits from the confusion and wiggle-room. I'd presume it's the party insiders. The headline of the 1908 NYT story reads: "Both Bryanites and Their Foes Claim Victory in To-day's Convention." "Headlines" from the May 20, 2008 Drudge Report: DECLARE, IF YOU DARE... [Hillary referring to Obama] At least they could try to be original in their disputes, but alas...
Kentucky endorsement c. 1908
Interesting enough, May 19, 1908, was the day the Kentucky state Democratic "decided" to go for William Jennings Bryan for the 1908 Presidential election. From the May 20, 1908 NYT: Kentucky's Democratic Central Committee met here [Frankfort, KY] today and decided to hold the state convention at Lexington on June 11. A resolution indorsing [sic] William Jennings Bryan for the Presidential nomination was adopted.One hundred years later, which of the contending Democratic candidates is most like WJB? Comments open for a day or two.
May 13, 2008
Subsidies for Millionaires; Tax Hikes if You Make $100k
1. President Bush wants to limit farm subsidies to farmers earning $200k or less; Democrats want millionaire farmers to continue to be eligible for subsidies. (Source here; scroll down to #1.) 2. While wanting to continue to subsidize millionaire farmers, Democrats want to increase taxes on people earning as little as $102k (e.g., Obama thinks the taxable earnings cap on the payroll tax should be eliminated; Obama also favors eliminating the Bush tax cuts). Huh?
May 12, 2008
Collars for Dollars
In a new editorial, Jacob Sullum at Reason writes of New York City's little-noticed marijuana crackdown. While marijuana arrests have risen between two- and three-fold nationwide since 1990, the increase in New York has been much more dramatic. "From 1997 to 2006," sociologist Harry Levine and drug policy activist Deborah Small note in the NYCLU report, "the New York City Police Department arrested and jailed more than 353,000 people simply for possessing small amounts of marijuana. This was eleven times more marijuana arrests than in the previous decade."
May 07, 2008
Not Too Chaotic
Calling his effort "Operation Chaos," Rush Limbaugh has been urging Republicans to cross over and vote for Hillary. There are competing claims about how successful his effort has been (here and here), so I decided to exploit variation in the Indiana and NC primary rules to see how much influence Limbaugh had on yesterday's results. Here's the key idea--Indiana has an open primary but NC does not permit Republicans to vote in the Democrat primary (unaffiliated voters can). Moreover, NC had a contested primary for the GOP nomination for governor that would serve to keep NC Republicans in their own election. So I estimated a regression model for the percent of the vote received by Hillary in NC and IN counties. RHS variables include the black percent of the population, the percent of the population between ages 16 & 24, the percent of the population over 65, the percent of the population that is male, and per capita income. The model also includes a dummy variable taking a value of 1 for IN counties--this variable should pick up any support for Hillary that is not explained by the other variables thereby making it a crude measure of the Rush effect. So what do the results find? The Indiana dummy has a coefficient of 0.53 meaning that on average Hillary got a about one-half percentage point larger share in Indiana than would be explained by the control variables. The point estimate is not statistically significant (t = 0.43). The regressors perform as one would expect, except the percent male has no effect (either in magnitude or significance). My student worker Katie compiled data for me and is compiling more as I type. Look for updates later. BTW, Limbaugh has just come on. He is claiming credit for tilting IN to Hillary and playing audio to that effect from John Kerry. My results suggest otherwise.
May 06, 2008
Food crises c. 1908
As there are bad policies today concerning food, there were bad policies yesterday. From the May 6, 1908 NYT: ST. PETERSBURG [Russia] - The Russian sugar industry centering at Kiev is passing through a serious crisis. it already has resulted in the suspension of payments by two of the great manufacturing and refining firms...The trouble in the sugar industry is due in large measure to restriction of exports; the production is far in excess of the Russian market.
In-kind Taxation c. 1908
Taxation can take a number of forms, but the most insidious are those that are non-monetary in nature. A good example comes from the May 6, 1908 NYT: George H. Fearons, General Attorney for the Western Union Telegraph Company, addressed the House Committee on Inter-State and Foreign Commerce to-day in opposition to the bill introduced by Mr. Carey of Wisconsin to require telegraph companies to transmit with telegrams the time of filing messages and the time of putting them on the wire.The extra messages would represent an in-kind tax because the marginal cost of an additional message was not zero - there were congestion problems, no doubt. Assuming the attorney was telling the truth, the 17+ million requred additional messages would represet a 23% increase in the number of messages sent. Western Union would likely have respond by sending fewer non-required messages. I wonder what political interest group Rep. Carey was trying to appease: were there claims that Western Union sat on certain messages and gave preference to other messages, sort of a 1908-version of net neutrality? My hunch is that Rep. Carey was responding to a complaint from one or more "private and social" consumers. If the Boards and Exchanges were anxious about timely delivery of information, given their market share of telegrams sent they would have been able to exert some pressure on Western Union to improve service. The same woudl have gone for the newspapers and the railroads. I wonder if this bill, like many bills, was submitted to "protect the rights" of small-time consumers and in the process tax the heck out of the firm that provided a valuable service. This sounds a lot like many of the bad policies proffered today. However, history shows that Western Union already faced competition: the postal service, the telephone, the wireless, and eventually the fax, and the Internet. It took a while but roughly 100 years later Western Union sent its last telegram.
May 02, 2008
Funniest sentence I read today.
From a Canadian colleague about an upcoming conference he's attending in the middle east that Al Jazeera is covering: This is good from a Canadian point of view. Al Jazeera is far to the right of the CBC and much less sympathetic to terrorists.
April 28, 2008
America the Prisoner
From Lew Rockwell's Prisoner Nation: There are 2.3 million people behind bars. China, with four times as many people, has 1.6 million in prison.
April 22, 2008
McCain on Clinton-Obama
Have you seen ANY challenge to the notion that McCain is benefitting from the protracted Clinton-Obama primary? Some things to consider. 1. As a general rule, doesn't head-to-head competition make for better competitors? Sammy Sosa and Mark McGuire a decade ago. Or even hopped-up Ben Johnson made Carl Lewis a better sprinter two decades ago. Athletes are one thing. Would the same hold for politicians? 2. The standard story for why the primary benefits McCain is somethign like this. The two Ds have to go hard left in the primary, and the harder left Obama and Clinton have to go to beat each other, the harder it'll be for them to come back to center in the general. A counter argument is that the primary and general election dimensions are sufficiently different (there are D issues and then there are R issues) that it doesn't much matter. An additional counter argument is that by beating each other up, Clinton and Obama work out all the kinks and hone their messages and leave very little for McCain to go negative with. 3. Generic ballot tests. When pollsters pit a generic Democrat with an unnamed Republica, the Democrat easily wins. Does the attention and exposure of the Democratic primary strengthen or weaken that? 4. The lack of a known opponent has to be hurting McCain's campaign finance. According to the FEC, he's raised just over $80 million so far this election cycle. He'll need to raise another $300 million in the next 9 months to match W's total for the 2004 cycle. So far Obama's raised $240 mil. It just seems to me that to say this benefits McCain is to say that political competition is ruinous. Maybe so. But maybe not, too. Any thoughts?
Wise Words ...
... from co-blogger Mike Munger: "If John McCain, Hillary Clinton and Barack Obama were on a bridge and it collapsed, America would be saved." Mike may be a bit optimistic here--he'd also need Edwards, Huckabee, and large chunk of Congress to be on the bridge. ADDENDUM: Save the emails, it's only a methaphorical bridge. I don't advocate harming these folks and I'm sure Mike doesn't either.
April 16, 2008
Biofuels, food, and the environment
Does this Guardian article offer a portent of things to come for the US? Farewell the age of reason, welcome the idiocracy. Only George Orwell could have invented - and named - the [UK] government's Renewable Transport Fuel Obligation (RTFO) that came into operation yesterday. It is the latest in a long line of measures intended to ease the conscience of the rich while keeping the poor miserable, in this case spectacularly so.
April 09, 2008
Internet and Freedom
I’m on the way back from the APEE meetings, where a lot of DOLers have been for the past few days. There were a ton of really good papers on the program, and the plenary talks were outstanding. My favorite was yesterday when David Henderson gave a talk, “Is the ‘Net, on net, good for freedom?” In short, David’s answer is ‘yes,’ although he acknowledges that governments use advanced technologies to track individuals and censors uses of these same technologies. I think it's very difficult to say whether the Internet itself is good for freedom, because it depends on how limited government is in the first place, and that varies across societies. Clearly in closed societies, socialist governments have a strong interest in limiting communication of any sort. Alvaro Vargas Llosa writes about the dramatic story of the failed attempt by Raul Castro's government to censor the Cuban blogger Yoani Sanchez, who writes about daily life in under the degenerate regime. The film, Lives of Others, highlights various forms of information being banned under East Germany, from books and newspapers to even government statistics on suicide rates. Before Vietnam's doi moi reforms in the late 1980's people there had virtually no contact with the outside world but now there are something like 15 million Internet users. As societies become more open in general, their peoples become less tolerant of government controlling anything, including the Internet. Even private organizations, such as Google, are scrutinized for storing data on individuals [story on EU here]. I am largely ignorant of the details of this debate but I do think David is right. Still, I think it's important to say that the Internet's benefit to freedom isn't certain; it depends on people's vigilance against censorship and privacy invasion in general.
April 03, 2008
PETA moment c. 1908
The April 3, 1908 NYT has a report that you would NEVER see today: President Roosevelt has been the recipient of gifts of almost every conceivable description...Yesterday a monster sea turtle weighing 350 pounds, a product of Nicaraguan waters, was presented to the President...Nice.
April 02, 2008
It's good to be the king c. 1908
From the April 2, 1908 NYT: BERLIN - An authentic report is in circulation here that a bill will soon be introduced in the Prussian Diet raising the civil list of the Emperor. This list now amounts to $3,900,000 a year, which is paid the Emperor as King of Prussia and not as German Emperor; the latter position carries no salary.So many kids!! Good grief.
Elections matter c. 1908
From the April 2, 1908 NYT: MILWAUKEE, Wis. -- Fear of a Social Democrat victory at the election next Tuesday is said to be the reason that there was not a single bid received from any banking house for the $325,000 bond issue, which was to have been allotted today. The Social Democrats have been gaining in strength here for several years past, and polled 12,000 votes out of a total of about 60,000.
March 26, 2008
A New TR?
Matt Welch on McCain and individualism: Like many country-first, party-second military officers who began second careers in Washington, Mr. McCain is often mischaracterized as a politician without any identifiable ideology. But all of his actions can be seen as an attempt to use the federal government to restore your faith in ... the federal government. Once we all put our shoulder on the same wheel, there’s nothing this country can’t do.
Gravel 2008: All over the map
Former senator (D-Alaska) a gadfly Democratic presidential candidate Mike Gravel announced yesterday that he is joining the Libertarian Party and will be seeking its 2008 nomination for president. Fox News reports: In an e-mail to supporters, Gravel, 77, wrote, “I look forward to advancing my presidential candidacy within the Libertarian Party, which is considerably closer to my values, my foreign policy views and my domestic views.” The same report also notes, however: Last month, Gravel endorsed Green Party presidential nominee Jesse Johnson. [According to a spokesman,] Gravel didn’t see any reason “why not” to offer his backing since “voting party line is not smart” and he agrees with Johnson’s message as well as the Green Party’s approach of “direct democracy, mobilizing at a grassroots level, working with people one-on-one and enabling citizen democracy.” The LP national convention will be held in May. 14 announced candidates are already in contention for the nomination. Apart from Gravel, the only candidate I've heard of is ... wait, I haven't heard of any of them.
March 14, 2008
Anthony Downs was on to something
In the U.S., third parties and anti-establishment folks groan about the two-party dominance that is American politics. Today's Iranian elections provide a little perspective. Reuters has the full story here. A few key excerpts. By Zahra Hosseinian and Parisa Hafezi. When this much makes it into the press, you know it's only the tip of the iceberg. Without meaningful political competition, democracy collapses toward autocracy.
Kudos to Mike Munger ...
... for getting to participate in the North Carolina gubernatorial debate in October (he's the Libertarian candidate). The debate will be held in Charlotte--maybe Craig can live blog it for us. Looking for some supreme swag--then donate to Mike's campaign. Logo t-shirts, collector's quality coffee mugs, and more--all for a modest donation. It's the best $50 I've spent today ...
March 13, 2008
Home schooling news
My trolling of Catholic blogs brought up two stories I'm guessing are of interest to DoL readers (who are probably Friedman fans, himself a staunch supporter of more choices in education). First, Jimmy Akin directs to this story about a California state appelate court case on the credentials of home-schooling parents: "Parents do not have a constitutional right to home school their children," wrote Justice H. Walter Croskey in a Feb. 28 opinion signed by the two other members of the district court. A second post by Carl Olson points to an opinion piece in the Manila Standard Today: The inevitable question is whether it is in the best interest of the child to be insulated from beliefs, ideas and values outside of what his parents allow. To say it more accurately, should the state stand by and allow children to be raised in accordance with their parents‘ biases and prejudices? Or does the state, in accordance with its own right to preserve itself, have the right to intervene, even to the point of infringing on parental authority, in order to provide the child with a more holistic view of the world and humanity? Call me a conspiracy nut, but is it that hard to believe that, perhaps, parents who hold dissenting views on human-caused global warming, the benefits of redistribution programs, political correctness, or heck, even the logic of Social Security, might be deemed unfit to teach their children outside of state supervision? I take a medium-size tinfoil hat, please.
March 12, 2008
Brain-dead Statist
Interesting article, especially given the author's identity. Its title is "Why I Am No Longer a 'Brain-Dead Liberal,'" but Gary Roseman says I must use the word Statist. I wrote a play about politics, ... [a]nd as part of the "writing process," as I believe it's called, I started thinking about politics, ... which is to say, about the polemic between persons of two opposing views. The argument in my play is between a president who is self-interested, corrupt, suborned, and realistic, and his leftish, lesbian, utopian-socialist speechwriter.
March 11, 2008
Rich, beautiful, shameless
Malcolm Forbes is supposed to have said, "Nepotism's OK as long as it's kept in the family." In that vein, NPR's "Steve Inskeep talks to [Scott] Simon, host of [NPR's] Weekend Edition Saturday, about his book, about growing up in Chicago and about the simultaneously selfless — and self-absorbed — enterprise of politics." On the last point, Simon approvingly quotes his principal character: "Of course, the system isn't fair. It favors the rich, and the beautiful, and the shameless. But everyone gets a chance in the end." That bit of praise sounds like a succinct statement the condemnation that statists use when calling for "regulation" of markets. Doesn't it occur to them that, given the levers available in both the market and the political system, the rich, the beautiful, and shameless are even more likely to prosper than if "regulation" were absent?
February 27, 2008
Buckley, RIP
William F. Buckley died today. This is a sad day for me. He was my first introduction to conservative/libertarian thought thanks to a friend's willingness to let me read his National Review magazine back in high school.* Already a budding anti-communist, Buckley opened my eyes to the importance of economic liberalism as part of the the American tradition. Buckley was a great uniter among libertarians and conservatives in the 1970s and 80s. Yes, I know Buckley was no Rothbardian anarcho-capitalist, and my own views have traveled far from those high school days. I didn't always agree with him then and found my views moving farther away from Buckley's over time. Still I will allow myself a moment to honor the man who helped me get where I am today. Sadly, Buckley's passing is symbolic also of the death of the libertarianism in the American conservative movement. I'm afraid there aren't too many conservatives left who would sail out to international waters to try some pot (or rather few who'd admit to it). *Reading The Freeman, at the instigation of a high school teacher, was my first intro to real libertarian thought. Addendum: I also read and enjoyed most of his spy novels. Not high literature by any standard, but good for the genre.
Socializing risk, ex post
Holman Jenkins in today's Opinion Journal [link here, thanks to Richard Reinsch for the pointer]: Any debate about a housing bailout can be put aside -- the bailout is underway... No, the perverse effect won't be a replay of the '30s, or even Japan's decade of stagnation in the '90s, but the latter is your model, with a little inflation thrown in. The goal: avoid foreclosures and slow the fall of home prices to market-clearing levels. As for the "little inflation thrown in," SJSU's Barstool Economists have this: Warren Gibson queries: According to the BLS wizards at http://www.bls.gov/news.release/cpi.nr0.htm the housing component has been rising at a annual rate of about 3%, though not quite that fast in the last couple months. Can anyone tell me why, with house prices declining, the housing component of CPI continues to rise? What am I missing here? I know they assume homeowners are renting to themselves, and maybe BLS isn't "marking to market" existing houses. Jeff Hummell replies: Not since 1982 has the CPI included house prices, nor is there any logical reason that it should. It is after all, a "consumer" price index, and the purchase of a house is primarily an investment. About 40 percent of the CPI comes from housing costs, which includes actual and imputed rents (30 percent), fuel and other utilities (5 percent), and household furnishings and operations (5 percent). Do you know any tenant who has seen a decrease in rents over the last year? I certainly don't. Rents are imputed for owner-occupied housing from the actual market rents of similar propertis, so you are right, they are not marked to the market value of the house, in either the CPI or the National Income and Product Accounts. Imputed rents should only noticeably fall with a decline in house prices if they noticeably rose (faster than other goods and services) with an increase in house prices. Back to Jenkins and the policy question: Making the hole even harder to climb out of in tough-love fashion, government policy itself played a big role in creating the bubble, on the bipartisan theory that homeownership begets "social stability." So that clears things up, huh?
February 25, 2008
Patience c. 1908
It is interesting to read about the prohibition movement and its success in the South during the mid nineteen-aughts. Of course, within a decade the rest of the country will jump on the prohibition wagon (as it were). An important lesson from that episode is the amazing amount of patience and persistence the prohibitionists displayed. Today, there are similar groups with patience and persistence and the empirical question is whether their policies would be any better than those of the past. The Feb. 25, 1908 NYT has the following information: Representative E. F. Acheson now proposes to give Congress an opportunity to put itself on record on the question of National Prohibition. Many of the members of Congress, including several from Pennsylvania, have declared that they are in favor of National prohibition, but are opposed to State and local option, as it cannot be enforced.Whether Acheson was the first or not, such suggestions ultimately led to this: Amendment XVIII Thanks.
Haven't I Heard This Somewhere Before?
Recently, the Mrs. and I caught a snippet of Barack Obama calling for "a leader who can end the division in Washington." One of us asked the other didn't Bush run to be a uniter not a divider or some such pablum? Indeed he did (maybe Hillary should try to sniff out some plagiarism). Actually, I'm with Kevin "Gridlock is Good" Grier--bipartisanship is vastly overrated (think stimulus package).
February 18, 2008
On inside jobs c. 1908
The "9/11 Truthers" contend that the attacks of that day were an "inside job" designed to "lead the U.S. to war." The Feb. 18, 1908 NYT reports on the "Maine Truthers" (from Spain): The Diario Espanol, the organof the ultra-Spanish element, in a leading article to-day referring to the special celebration by Americans of the tenth anniversary of the blowing up of the battleship maine, says:
February 11, 2008
On rebuilding after disaster c. 1908
From the Feb. 11, 1908 NYT concerning the rebuilding of Chinatown after the April 1906 San Francisco earthquake: The rebuilt Chinatown of San Francisco contains substantial new buildings as picturesque as those destroyed by the fire and earthquake, but more convenient and sanitary...I am admittedly not well versed in the history of Chinatown(s) - my suspicion is that they are/were a form of segregation. However, what is striking is the rebuilding is ostensibly completed in less than two years and without a hint of government assistance mentioned in the story. One wants to make comparisons with another disaster area in this country, even if to do so is not completely honest.
February 09, 2008
On bridge tolls c. 1908
For our friends in the Northeast (and elsewhere) who face dramatic increases in road and bridge tolls in the near future, a letter to the editor from the Feb. 9, 1908 NYT: Now that the Thaw trial is over, please turn your attention to a free Brooklyn Bridge topic and let me know why I should pay 10 cents [$2.26 in 2006 dollars] to drive across the [Brooklyn] bridge, who gets the money, and such other information as will explain why, after I have crossed the bridge, I can drive free over several hundred miles of paved, cleaned, and lighted thoroughfares, that cost many millions of dollars to build and cost ten times as much to maintain as both bridges?
February 07, 2008
Pre-election antics c. 1908
An article in the Feb. 7, 1908 NYT puts our current primary antics in some perspective: ST. AUGUSTINE, Fla. - The wildest scenes of disorder characterized the proceedings of the Republican Convention here to-day, which elected two complete delegations to the National Convention, one in favor of Taft and the other uninstructed.
February 06, 2008
Political hot air c. 1908
From the Jan. 6, 1908 NYT: The eagle which has perched upon the top of the historic mace at the right hand of the Speaker of the House of Representatives these sixty-seven years, since John Tyler was President, is sick.
February 04, 2008
"The poor souls"
I received this note from an economist friend in Nairobi, Kenya whose home is close to one of the areas of the unrest: I am unable to sleep, I have called all the police numbers, called intelligence agents, newsrooms-nobody is rescuing the poor souls. I am watching from my window, impotent and enraged. For his safety, I will not reveal his name. He is now trying to move his family and staff to safer digs. Donations (501c3 deductible thanks to his American friends) are being accepted. Contact me directly for details if you're interested/able to help. [No, this is not a scam. I know the guy and this is real.]
Biofuels for fun and profits
George Will on biofuels. The Riady story needs to be repeated as often as possible. The political importance of corn-growing, ethanol-making Iowa is one reason that biofuel mandates flow from Washington the way oil would flow from the Arctic National Wildlife Refuge if it had nominating caucuses.
Some pot in every chicken?
Steve Chapman on Obama's stance(s) regarding marijuana: Recently, he had told a New Hampshire newspaper, "I'm not in favor of decriminalization."
CCC at the state level c. 1908
From the Feb. 4, 1908 NYT: With the unanimous consent in the [New York] Senate to-night, Senator McCall of the Sixteenth District introduced a bill authorizing the Park Board of New York to spend an additional sum of $1,500,000 for the development of parks and driveways.Unmentioned is that such an expenditure "for the benefit of the unemployed" came at the expense of the employed (at least to some degree).
January 31, 2008
John McCain? Say it ain't so!
I just took this reasonably (but not perfectly) crafted quiz that selects the presidential candidate closest to your views. It spit out John McCain! Not Ron Paul?! Huh?! It could the be quiz itself I guess. It had no questions on campaign finance and I LOATHE John McCain's views there. Plus I have a deep fear that McCain is a hot head, but that character issue wasn't on the quiz. Plus Paul's views (e.g., abortion is a state issue) don't lend themselves to the quiz format very well. But I can't deny the fact that except for Iraq and Immigration. issues on which I disagree with all of the Republicans (except for Paul on Iraq), I seem close to McCain. Here were the results: Agree with McCain: Disagree with McCain:
January 30, 2008
Clinton vs. Prosperity
From Reuters. Prophetic?
January 23, 2008
Spot On!
Another excellent offering from Mike Lester of the Rome News-Tribune:
On political dynasties c. 1908
A fascinating editorial in the Jan. 23, 1908 NYT discusses how the Democratic party might want to get rid of a candidate that has been hanging around for too long: Why should [William Jennings] Bryan get out unless he is forced out? From the point of view of the Democrat, the patriot, the wise party leader, innumerable reasons may be advanced why he should abandon his pretensions to the candidacy; from the personal point of view of Mr. Bryan, not one. Mr. Bryan is a very successful man. In seeking a third nomination he is pursuing the path of success that has led him to fame and fortune. He is a rich man. He has said that he has money enough to make him comfortable the rest of his life. He has made his fortune by being the candidate, by refusing to relinquish his grasp upon the leadership of the Democratic Party. Because of the position he holds men buy his Commoner, and lecture committees pay him large fees. Mr. Bryan, in the language of the street, has a "good thing." He would be a fool to let go of it.Might this apply to a certain "third term" seeker today?
January 15, 2008
Context
From John J. DiIulio Jr.'s analysis ("The Wacko-Vet Myth: Now echoed by the New York Times") of the Times's drive-by shooting ("Across America, Deadly Echoes of Foreign Battles"): The Veterans of Foreign Wars (VFW) and other veterans' advocacy groups are absolutely correct that not merely "many" but the vast majority of veterans not only remain completely law-abiding but go on to lead stable and productive personal, professional, and civic lives. Assuming 121 homicide cases in relation to 749,932 total discharges through 2007, 99.98 percent of all discharged Iraq and Afghanistan veterans have not committed or been charged with homicide.
If It's So Rotten, Why Are You Running for It?
Hillary Clinton likens White House to prison Perhaps it has something to do with her soaring narcissism and lust for power.
January 13, 2008
Papers please! Papiere bitte! Papeles, por favor!
Homeland Security Secretary Michael Chertoff says, Only three categories of people need be "disappointed" by the forthcoming identification cards, the Homeland Security chief told attendees at a midday press conference here: terrorists, illegal immigrants, and con-men. I'm not a terrorist, illegal immigrant or con man, but I'm not happy about this. So make that four categories, you nazi wannabe.
January 08, 2008
Bryan's cross c. 1908
From the Jan. 8, 1908 NYT: "I know that some people are giving much thought to the money question, but that is not worrying me much. The people of this country have made it possible for me to acquire an independent income for all time to come, so I have no worry on that score." Here's WJB's famous "Cross of Gold" speech.
January 01, 2008
Stormy Weather
Wherein John Tierney represents Al Gore as an "availability entrepreneur." Seems like a charitable term. [A]vailability entrepreneurs: the activists, journalists and publicity-savvy scientists who selectively monitor the globe looking for newsworthy evidence of a new form of sinfulness, burning fossil fuels.
December 23, 2007
Legislative restraint c. 1907
The Dec. 23, 1907 NYT reports on legislative restraint on the part of Confederate veterans: BIRMINGHAM, Ala. - United Confederate Veterans, of this city, yesterday by unanimous vote went on record in opposition to the bill introduced by Congressman Hobson providing for pensioning Confederate veterans. The resolution concludes: It would be refreshing if some today would show similar restraint.
December 22, 2007
Emissions Comparison
From a Competitive Enterprise Institute posting: "It seems the [Washington] Post believes that if an emission drops and no bureaucrat was around to mandate it, it didn't really drop. ... Under any relevant modern baseline, e.g., the year Europe made its Kyoto promise (1997) or thereafter, U.S. emissions have risen far more slowly than those of its noisiest antagonists. For example, International Energy Agency data show that over the past 7 years (2000-2006), the annual rate of increase for U.S. CO2 emissions is approximately one-third of the EU's rate of increase. Indeed, over the same period even the smaller EU-15 economy has increased its CO2 emissions in actual volume greater than the U.S. by more than 20%, even while the U.S. economy and population also grew more rapidly."
December 13, 2007
On government corruption c. 1907
From the December 13, 1907 NYT: CHICAGO - Far-reaching effects of the great snowstorm of January, 1905, were uncovered last night by the City Civil Service Commission. The phenomenon discovered was that 1,100 street laborers still are employed by the city for the removal of that remarkable snowfall. Notwithstanding the scientific interest developed, the commission unanimously decided that from reasons of economy, a new rule be enacting limiting to five days the period for which emergency street cleaning laborers may be employed in Chicago.Excellent.
December 10, 2007
Pearls of Wisdom ...
... from co-blogger Brad Smith: Next year, more candidates than ever will have the funds needed to get their messages to voters. That's because 2008 is shaping up to be the best-financed campaign in history.
December 08, 2007
From Today's Inbox: Academics for Paul
Dear Professor,
December 06, 2007
Domestic use of the Army c. 1907
From the Dec. 6, 1907 NYT: WASHINGTON - President Roosevelt to-night instructed Gen. Funston to dispatch a sufficient force of regulars to Goldfield, Nev., to control the situation there. This action was taken upon receipt of a telegraphic request from the Governor of Nevada. The troops will proceed from San Francisco and the strength of the expedition is left to the judgement of Gen. Funson.
The Politics of Truth
Why do politicians lie? The traditional public choice answer is "because they can." Once in office incumbents enjoy an electoral advantage because rational ignorance creates some slack between voter-principals and politician-agents. Politicians with enough reputational capital can afford to indulge in prevaricating rhetoric, wealth transfers to special interests, and perhaps even the occasional tryst, because democratic institutions are inefficient. Incentives matter, dammit! The new generation of public choice invokes systematic biases in the beliefs of voter-principals deviating from political truth, as revealed by scientific method. For all the much deserved attention to Bryan Caplan's The Myth of the Rational Voter, the lesser-known yet equally forceful book, Rational Choice and Democratic Deliberation, by political theorists Guido Pincione and Fernando Teson, is well-suited to explaining systematic lies in politics and the democratic failure that results. One voter bias, due to epistemic rational ignorance, is a preference for vivid information over opaque explanations. Vivid information is "a) emotionally interesting, b) concrete and imagery-provoking, and c) proximate in a sensory, temporal, or spatial way." For example, we will feel more indignant about a heinous crime if we watch the gory details on the evening news. If the newscaster also tells us that the suspect was out of prison on a "technicality," we will overstate the relevance of the crime as confirmatory evidence for the theory that heinous crimes are due to the leniency of the justice system. [Pincione and Teson, p.23, omitting footnotes]In contrast, we spurn opaque explanations like invisible hand, spontaneous order, comparative advantage, reputational self-regulation, and broken window fallacies. People adopt vivid beliefs by default and confirmatory biases put a premium on vivid information that reinforces the default. So false stories can become ingrained, and [p]oliticians have an incentive to spread vivid explanations, for the public will believe them given their default views" (p.35). Take Al Gore, who is flying to Stockholm (a shocking carbon waste!) to receive his piece of Nobel history on Monday. Yesterday's WSJ.com Opinion Journal has Holman Jenkins on "The Science of Gore's Nobel", which was "awarded for promoting belief in manmade global warming as a crisis." Jenkins invokes the same cognitive psychology that supports political failure arguments of Caplan, Pincione & Teson, and others like Tyler Cowen on voter self-deception. Voter bias finds root in anchoring effects like cognitive-cost-minimizing people choosing to adopt views that are the most available or accessible. Jenkins: [Kahneman and Tversky's] insight has been fruitful and multiplied: "Availability cascade" has been coined for the way a proposition can become irresistible simply by the media repeating it; "informational cascades" for the tendency to replace our beliefs with the crowd's beliefs; and "reputational cascade" for the rational incentive to do so. Falsely claiming consensus behind one's views is a form of political deception, which as Pincione and Teson point out, commits the argumentum ad populum fallacy. Logic be damned. Rather, "citing agreement of others is, in short, a particularly vivid (and often fallacious) way to argue in politics." (p.43) What this all amounts to is a refinement of government failure theory. Throw cognitive biases together in large numbers and systemic failures pop out. Pincione and Teson: Discourse failure as a social phenomenon results...from the mutually reinforcing interaction of rational ignorance and posturing against the background of redistributive politics. Political actors who stand to gain from spreading certain kinds of information will be helped by citizens who are willing to do their share, as it were, in the acquisition of confirmatory evidence of the default vivid beliefs. In other words, the cost of supplying convenient information is reduced by ingrained cognitive errors, and correspondingly, those who want to change public opinion in the direction of opaque theories will face higher costs. Not only will they have to argue against vivid views that the public holds by default; they will also have to counter the psychological biases just discussed. (p.44)Politicians lie because they can, yes, but also "because they have to!" Incentives yada yada. Perceptions matter too, dammit! Hat tips to: Here is Jenkins on the science of global warming: "Let's be honets, all we have is a hypothesis."
November 21, 2007
Energy Independence
Steve Chapman on the beguiling notion of energy independence: [A]lready I can guarantee two things. First, the next president will be elected on a promise to lead the nation to energy independence. Second, the promise won't be kept.
On Social Security: Krugman vs. Krugman
Ruth Marcus takes on Paul Krugman: In liberal Democratic circles, the debate over Social Security has taken a dangerous "don't worry, be happy" turn. And so forth.
November 14, 2007
"In God We Trust" and TR c. 1907
Imagine something like this, from the Nov. 14, 1907 NYT, being written today: In answer to one of the numerous protests which have been received at the White House against the new gold coin which have been coined without the words "In God We Trust," President Roosevelt has written a letter: Needless to say, TR's stance was not popular. For example, a "red-hot debate" took place in the Episcopal Diocesan Convention.: yesterday, by a vote of 131 to 81, passed resolutions protesting against the elimination of the motto "In God We Trust" from the new ten-dollar gold pieces. The debate on the question lasted an hour and a half, and for a part of that time the convention was in some disorder.
November 13, 2007
Taxing the rich
Closing lines of an interesting column by Jonah Goldberg: I don't know what the best tax rates are, for rich or poor.
November 07, 2007
Happy Bolshevik Day!
90 years ago today saw the Bolshevik Revolution, and NPR dedicated some on-air time this morning to the event. Surprisingly, the first paragraph admits that "The communist revolution ushered in a totalitarian dictatorship that killed and imprisoned tens of millions of people." Since capitalism's demise is supposedly inevitable but has yet to happen, the price tag for the socialist paradise must be in the hundreds of millions then. The story interviews a Russian born in 1917 who had both his parents killed by the workers' regime, fought for Russia in WWII, was captured and imprisoned by Nazis, and survived only to return home and be imprisoned 10 years by Russians who thought he was a German spy. So, though the 90 year old who lived through the era recognizes the horrors of Bolshevism, those who didn't live through it do not: Syleia Daripova, 34, says she believes Stalin was a great man. Imagine how much more unique he would have been if he killed three-fourths!
October 31, 2007
Hillary Care
Michael Moore's SiCKO is opening in Britain this week, but the British are not amused. Anyone can extol the virtues of universal government-furnished health care, they say, when they have never had to use it.
October 24, 2007
Worst Chart of the Day
Bushies might claim that much of the spending growth is for military purposes, but take a look at Reagan who also spent much on strengthening the military. Source here.
October 17, 2007
Wisdom from George Will
John Edwards, too, has puzzling ideas. For the entertainment of Iowans, he has reinvented himself as a 19th-century Kansan -- Mary Elizabeth Lease, the prairie populist who urged farmers to "raise less corn and more Hell." In August, Edwards urged an Iowa audience to throw off Washington's yoke: "We need to take the power out of the hands of these insiders that are rigging the system against you." Article here.
October 12, 2007
Public Schools and Others
This report from Yahoo News by Nancy Zuckerbrod, AP Education Writer, is fairly typical: WASHINGTON - Low-income students who attend urban public high schools generally do just as well as private-school students with similar backgrounds, according to a study being released Wednesday. Of course, this is not what the report from the "nonpartisan" CEP says. The actual report is based on a set of regression equations in which 8th grade tests are the major predictors of 12th grade test results. Thus, at most the report tells something about how much the students gain between the 8th and 12th grades. Even this is problematic, as the body of the study concedes (p. 19): "Just as it is possible in the NAEP research that private schools attract higher achieving students to begin with, it is possible in this study that private schools promote greater No F scores are provided for non-comprehensive public schools as a group, and none are provided for parental characteristics as a group. For some of the school types, the number of observations appears to be quite small (Report, p. 26: "No type had fewer than 25 NELS survey participants for this analysis.") Back to the AP story: [T]he new study not only compared students by income levels but also looked at a range of other family characteristics, such as whether a parent participates in school life. "When these were taken into account, the private-school advantage went away," the report states. The study looked at 1,000 low-income students from cities who are part of a nationally representative sample of kids surveyed over a period of years, along with parents and teachers, as part of a federal research effort. In fact, the estimated impacts of these family characteristics as measured by beta coefficients is quite small and not always with the "right" sign. And the sample used in this study is anything but "nationally representative" as the report (p.26) says: "This subset amounted to 1,003 students. By focusing on this subset, the study limited private school comparisons to those affecting inner-city populations...."
October 11, 2007
Do as we say
From Cooler Heads Digest, 10/10/07: Hypocrite of the Week
October 10, 2007
Fuzzy Math?
From John Leo's column on the political leanings of professors: Although business school professors are believed to be predominantly conservative, professors of business voted 2-1 for Kerry. These professors were barely more conservative than liberal. I don't how one can describe a group that voted 2-1 for Kerry as being more conservative than liberal.
October 05, 2007
On centralization c. 1907
From a letter to the editor of the October 5, 1907 NYT: While Mr. Roosevelt is interested in the later days of the Roman Empire, could you not call his attention to the fact that one chief reason of its disintegration and its easy final "fall" was the gradual weakening of local governments and the centralizing of these old local powers in the capital city? When the centre became weak there was no strength left elsewhere.
On (not) stopping global warming
Steven Milloy reports that the Low Carbon Economy Act of 2007 "would cost taxpayers more than $1 trillion in its first 10 years and untold trillions of dollars in subsequent decades." Further, "This week, the EPA sent its analysis of the bill’s impact on climate to Bingaman and Specter. Now we can see what we’d get for our money, and we may as well just build a giant bonfire with the cash and enjoy toasting marshmallows over it." [Milloy does not examine the global-warming implications of the bonfire.] Using IPCC formulas, Milloy estimates the implications of the EPA's estimates for the earth's temperature. (The EPA does't make these computations. Milloy suspects that's because the results would be embarrassing to the Act's authors.) Milloy's estimates: Under the no-action scenario (718-to-695 ppm), the IPCC formulas indicate that the multitrillion-dollar Bingaman-Specter bill might reduce average global temperature by 0.13 degrees Celsius. Under the maximum regulation scenario (514-to-491 ppm), Bingaman-Specter might reduce average global temperature by 0.18 degrees Celsius. Foreign Affairs carries the article, "Why Climate Change Can't Be Stopped," that suggests the approach with highest payoff: "Dollar for dollar, the most efficient way to cut global greenhouse gas emissions would be, in theory, to invest hundreds of billions of dollars to improve China’s energy efficiency. But Congress would never support such an approach." That last sentence might be the understatement of the century.
October 03, 2007
TR vs. GWB c. 1907
This headline from the Oct. 3, 1907 NYT, describing a speech President Teddy Roosevelt gave in St. Louis, could easily describe the current political environment: USE VAST FEDERAL POWER - ROOSEVELTThe entirety of the speech is printed in the paper, with the following section headings: Nice.
September 30, 2007
On Republicans c. 1907
I have mentioned this in some earlier post, but the Democrat candidate for the 1908 election was chosen in 1906 - there were no primaries or anything like that. This is just to put the current marathon, multi-year Presidential race in some perspective. The Sept. 30, 1907 NYT has a letter to the editor concerning the 1908 election which ends with the following paragraph: The object for which the Republican Party was organized was accomplished forty-two years ago, and there is no further reason under the sun for its continued existence. In fact, the party has degenerated into a system of commercial despotism which acts through party legislation as if we were at commercial war with the world, and taxes the people on a war basis so increasingly oppressive that it is becoming a problem for the average citizen now live decently.I submit that the spirit of this paragraph pertains to both major parties in the U.S. today.
September 27, 2007
On fairness c. 1907
From the September 27, 1907 NYT: North Dakota will be the name of Battleship No. 23, one of the new 20,000-ton vessels, contracts for which were recently awarded by the Navy Department. The other vessel will be called the Deleware.
September 24, 2007
Taxation for thee but not for me c. 1907
From the Sept. 24, 1907 NYT: It is known that the members of the French Chamber of Deputies last year voted themselves an additional salary of 6,000 francs. It is not so well known that this action was resented by the Socialists...By some means it came to be understood that a "divvy" was the duty of the Socialist Deputy. If he handed over half of the "unearned increment" to the Socialist Treasury he might keep the other half.So far, so good. However, it is interesting that the socialists didn't take all of the pay raise. But it gets better: Thirty-two Socialist Deputies have accordingly submitted to this Socialist tax. But ten have made only a partial surrender of the moiety, pleading, possibly the same "increase in the cost of living" which was pleaded in behalf of the increase of pay. Eight have omitted to divided with the party to any extent whatever, being apparently of the opinion that 3,000 francs would compensate them for any odium they might incur by keeping it for themselves...Such an excellent and subtle economic argument offered in a similar story today would be surprising.
September 22, 2007
HillaryCare Catch-22
From the WSJ's "Best of the Web Today": The Associated Press reports on a Hillary Clinton health-care speech:
Irony
GA political columnist Bill Shipp writes in today's RNT (no link) that "Georgia's congressmen don't bring home bacon." Shipp writes that Rep. Jack Kingston (his district is southeastern GA along the coast) owes "Georgians a big fat apology" and calls the $83 million in federal funds that Kingston has obtained for local projects "peanuts." It's rather ironic then that Kingston is Georgia's most pork happy Republican congressman. Even more ironic--the page opposite of Shipp's column contains a photo of our congressman posing with the results of a local project for which he obtained federal funding.
September 21, 2007
Polar Opposites
Best of the Web points to an NYT article, "Scientists Report Severe Retreat of Arctic Ice." The article runs 459 words. The first 441 words expand on the title. Here are the last 18 words: "Sea ice around Antarctica has seen unusual winter expansions recently, and this week is near a record high."
Capitalist anarchists? c. 1907
From the Sept. 21, 1907 NYT: PITTSBURG - Intense excitement was caused here this afternoon when an Anarchistic notice was found posted on the high board fence which surrounds the old cathedral property, for which H. C. Frick paid $1,300,000...EH.net suggests that nominal GDP per capita was about $390 per year, or approximately $2 per day. Now, if the redressing of wrongs provides a "good," the "right man" should be willing to pay for the privelege. Having to pay five times the average day's wage (and 8 times what Rockefeller paid his summer help), suggests that the recruitment of anarchists, and especially those who would be willing to commit murder and arson, was not easy. The police at first think the posting is a joke but then: they noticed several suspicious persons at the corner of Fifth Avenue and Wood Street, [and] they arrested them.
For the Children
An interesting historical note from a reader at the Mises blog site: As early as 1871 the Liberals in my home town of Kettering, England, had (as Herbert Spencer in near by Darby would have been aware) already given up supporting liberty.
September 19, 2007
On campaign financing c. 1907
From a Sept. 28, 1907 NYT editorial describing a speech by Judge Parker at Jamestown: In the struggle for mastery in both State and Nation money has been sought as well for illegitimate uses as legitimate uses. As the corruption of the electorate has widened and deepened the demand for money has increased, a demand which long ago outgrew any sum that could be raised by patriotic contributors. So corporations having favors to ask were invited to contribute, and they did so, knowing full well that when legislation was needed or undesirable legislation was threatened the head of the organization could be relied upon for assistance; that his statement that this corporation contributed ten or one hundred thousand dollars to the campaign fund would lock or unlock the door to legislative or administrative action.On the other hand, the "head of the organization" could simply claim that they did not know the individual or corporation who had contributed hundreds of thousands of dollars, could insist that they would not be swayed by contributions, and could "swear off" political action committee dollars. As I have mentioned before, our problems aren't necessarily new, they are just "ours."
September 14, 2007
" ... the strangest product launch since that of New Coke in 1985"
So says George Will about the launch of Fred Thompson's campaign for president. Will is especially scathing about Thompson's role in McCain-Feingold; a snippet: In 1997, Thompson chaired a Senate committee investigating 1996 election spending. In its final report, issued in 1998, Thompson's committee recommended a statutory "restriction on issue advocacy" during "a set period prior to an election" when the speech includes "any use of a candidate's name or image." And in 1999, Thompson co-sponsored legislation containing what became, in 2002, the McCain-Feingold blackout periods imposed on any television or radio ad that "refers to" a candidate for federal office -- a portion of which the Supreme Court in June declared unconstitutional.
September 10, 2007
Higgs on 9/11
On this sad anniversary, Bob Higgs pulls few punches reminding us of the many ways in which the terrorist attacks of 9/11/2001 have been used to feed Leviathan. Exerpt: In the United States, everything memorable becomes an article of commerce in some fashion, and 9/11 is no exception. Many of these commercial offerings are maudlin or otherwise in bad taste, to be sure, but in this country no one is shocked when sellers market tasteless products successfully, and anyone who does not fancy the goods may simply decline to consume them. Indeed, one suspects that by this time, the demand for 9/11 media extravaganzas may be wearing rather thin even among those of mawkish sensibilities. Comparisons between 9/11/2001 and 12/07/1941 follow. Full editorial here.
August 31, 2007
Do as I Say, Not as I Do
Jon Ham of The Locker Room points to this photo of John--people should sacrifice their SUVs--Edwards's house. There are lots of SUVs in the driveway. Maybe they all belong to guests ...
August 30, 2007
Funding for Big Apples
I'm back from getting married, a honeymoon, and starting a new semester, so I'll try to get to my usual blog rate of one post whenever I get an idea. National Review's blog links to a map of Manhattanites who receive, yes, agriculture subsidies. For some reason the map isn't visible anymore, but just the fact that a map exists that shows NYC dwellers who receive more than $250,000 in farm subsidies is troubling. Granted, I've only been to Gotham once about a decade ago for a FEE conference, and it seemed pretty built up then. Maybe there is more green space now. For a quarter million a pop, those guys better be growing some big apples. HT: Fark
August 28, 2007
Fat State, Red State; Thin State, Blue State
The Trust for America's Health has released data on obesity rates by state. The fattest state, as measured by the percentage of obese residents, is Mississippi, at 30.6% (giving them the dubious distinction of being the first state ever to break the 30% rate in the survey). The thinnest? Colorado at 17.6% Let's look at the states by how they voted in the last presidential election, from fattest to thinest: These are the fattest 23 states. Twenty-one of them, totaling 209 electoral votes, went for Bush. Two, totaling 29 electoral votes, went for Kerry. But it's worth noting that in Wisconsin (#22 on the list) Kerry's margin was a razor thin 11,000 votes (50%-49%), while Michigan, the only non-Bush state in the top 10, was also competitive, falling to Kerry by just 51% to 48%. So what are we to make of this? Is Karl Rove manipulating the minds of obese people with subliminal messages in Bush commercials? Why would heavy people be more likely to vote Republican? Is this odd, given that data also shows - according to this guy - that Republicans tend to lead more active lives than Democrats. But maybe we can truly say that Republicans are "fat and happy." Below the fold is the rest of the data: Read More »
August 19, 2007
A shrinking story?
Here's the headline for a recent AP story: "Arctic sea ice shrinks to record low" Here's the first paragraph: "There was less sea ice in the Arctic on Friday than ever before on record, and the melting is continuing, the National Snow and Ice Data Center reported." The amount of ice has fallen about 1.5 percent in two years. Here's the 7th paragraph: "Scientists began monitoring the extent of Arctic sea ice in the 1970s when satellite images became available." So the headline could read: "Slight reduction in Arctic ice, to lowest level in 35 years."
August 13, 2007
Katrina Aid Goes Toward Football Condos
TUSCALOOSA, Ala. — With large swaths of the Gulf Coast still in ruins from Hurricane Katrina, rich federal tax breaks designed to spur rebuilding are flowing hundreds of miles inland to investors who are buying up luxury condos near the University of Alabama's football stadium. About 10 condominium projects are going up in and around Tuscaloosa, and builders are asking up to $1 million for units with granite countertops, king-size bathtubs and 'Bama decor, including crimson couches and Bear Bryant wall art. While many of the buyers are Crimson Tide alumni or ardent football fans not entitled to any special Katrina-related tax breaks, many others are real estate investors who are purchasing the condos with plans to rent them out. And they intend to take full advantage of the generous tax benefits available to investors under the Gulf Opportunity Zone Act of 2005, or GO Zone, according to Associated Press interviews with buyers and real estate officials. The GO Zone contains a variety of tax breaks designed to stimulate construction in Mississippi, Louisiana and Alabama. It offers tax-free bonds to developers to finance big commercial projects like shopping centers or hotels. It also allows real estate investors who buy condos or other properties in the GO Zone to take accelerated depreciation on their purchases when they file their taxes. The GO Zone was drawn to include the Tuscaloosa area even though it is about 200 miles from the coast and got only heavy rain and scattered wind damage from Katrina.
July 31, 2007
Prohibition in Georgia c. 1907
From the July 31, 1907 NYT: ATLANTA, July 30 - After ten hours of exciting debate the lower house of the Georgia General Assembly this evening, by a vote of 139 to 39, passed the Senate bill prohibiting the manufacture or sale of alcoholic beverages in the State after Jan. 1, 1908. Gov. Hoke Smith has announced that he will sign the measure, although prohibition mean the closing of the bar of the Piedmont Hotel, from which he receives a handsome income.
July 30, 2007
ACORN's Mischief
John Fund addresses voter fraud in general and ACORN's contribution thereto in particular: [In] Seattle ... local prosecutors indicted seven workers for Acorn, a union-backed activist group that last year registered more than 540,000 low-income and minority voters nationwide and deployed more than 4,000 get-out-the-vote workers. The Acorn defendants stand accused of submitting phony forms in what Secretary of State Sam Reed says is the "worst case of voter-registration fraud in the history" of the state.
In Washington state, King County Prosecutor Dan Satterberg said that in lieu of charging Acorn itself as part of the registration fraud case, he had worked out an agreement by which the group will pay $25,000 to reimburse the costs of the investigation and formally agree to tighten supervision of its activities.... From disenchanted ACORN employees (recall ACORN's strongly pro-union stance on issues): Last year several Acorn employees told me that the Acorn scandals that have cropped up around the country are no accident. "There's no quality control on purpose, no checks and balances," says Nate Toler, who was head of an Acorn campaign against Wal-Mart in California until late last year, when Acorn fired him for speaking to me.
July 26, 2007
Stack the Court?
This NY Times op-ed piece suggests that, assuming a Democrat wins the 2008 presidential election and the congress remains Democratic, a resizing of the Supreme Court might be in order. "Chief Justice John Roberts and his conservative colleagues might do well to bear in mind that the roll call of presidents who have used this option includes not just Roosevelt but also Adams, Jefferson, Jackson, Lincoln and Grant."
July 17, 2007
Farewell, Antioch by George Will
George Will provides an appropriate eulogy for Antioch College. During the campus convulsions of the late 1960s, when rebellion against any authority was considered obedience to every virtue, the film "To Die in Madrid," a documentary about the Spanish Civil War, was shown at a small liberal arts college famous for, and vain about, its dedication to all things progressive. When the film's narrator intoned, "The rebels advanced on Madrid," the students, who adored rebels and were innocent of information, cheered. Antioch College in Yellow Springs, Ohio, had been so busy turning undergraduates into vessels of liberalism and apostles of social improvement that it had not found time for the tiresome task of teaching them tedious facts, such as that the rebels in Spain were Franco's fascists.
July 10, 2007
A preview of HillaryCare II
Senator Obama visited Birmingham yesterday. The Birmingham News's story about his campaigning gives us just a hint of the rent-seeking/protection orgy we will see should the Democrats win both the Presidency and Congressional majorities in '08, and proceed to "reform" the American health care industry: At the Sheraton Hotel in downtown Birmingham, an energized Obama told a large, diverse and enthusiastic crowd that America under President Bush has seen a government that "can't do, won't do and won't even try." "Americans are hungry for change. They are desperate for something new," Obama told about 2,000 cheering fans, most of whom had paid $25 each to listen to him. "We have had so much dysfunction, so much nonsense ... in Washington D.C., that people have just said enough." The crowd, a mixture of white and black, young and old, affluent and not, repeatedly cheered as Obama criticized Bush. "We've got a health care system that is broken, that is bankrupting families all across America," Obama said. . . . After his downtown speech, Obama headed to another fundraiser, this one at the Mountain Brook home of HealthSouth President and CEO Jay Grinney. Those attending paid $1,000 to $2,300 a person to meet the White House hopeful who by most polls is chasing Clinton for the Democratic Party nomination for president.
July 06, 2007
March to the Sea c. 1907
The July 6, 1907 NYT reports on yet another attempt to re-create Sherman's March to the Sea through Georgia. Being from Northwest Georgia this pressing desire to recreate the march is interesting:
July 01, 2007
Then and Now c. 1907
The July 1, 1907 NYT has the following concerning the State of Illinois planning a commemoration of the 1858 Lincoln-Douglas debates, to be held in the presidential election year of 1908: The Illinois commemoration is well worth while if only to impress alike the parallel and the distinction between conditions then and now. Then there were bitter differences of opinion, whereas now it is difficult to draw party distinctions, as the parties might almost exchange their leading candidates...Perhaps the greatest distinction between then and now is that whereas in the old time all the talk was of what the Constitution meant, now all the talk is how the Constitution can be made to mean what the temper of the hour would like it to mean. The distinction is vital. The Constitution is a written document, and the meaning of the words has not changed. Yet the Supreme Court from the bench has found it necessary to say the lawful way to change it, if the Nation wants to change it, as according to the method provided, and not by "construction."
June 25, 2007
R.I.P. Antioch College
The board of Antioch College, located in the lovely town of Yellow Springs, Ohio and the home of the world's most bizarre sexual conduct policy, has announced its decision to close the main campus of the college. What are radicalized lefty students who aren't smart enough to get into Oberlin College going to do now? NB: Links to funny Onion stories about Oberlin here and here.
June 09, 2007
Global warming non est disputandum
Wired.com reports an AP story, "NASA Head Regrets Global Warming Remarks" LOS ANGELES (AP) -- The head of NASA told scientists and engineers that he regrets airing his personal views about global warming during a recent radio interview, according to a video of the meeting obtained by The Associated Press. Hot air has this great headline:
May 23, 2007
On political symbolism c. 1907
I am back from a trip to South Carolina/North Carolina during which I was unplugged from news/politics/blogging. Blogging on my part will recommence with the usual quality. The May 23, 1907 NYT has a letter to the editor which asks an interesting question: It is amusing to note the very many unsatisfactory attempts made by the Socialists to explain the use of the red flag in their parades and as a symbol of their beliefs. As the cross is a sign of Christendom throughout the world so is the red banner symbolic of international Socialism, is one of the explanations. In answer to the fore going may I ask...why the color of red of all colors known to mankind was chosen as best expressing the doctrines of Socialism?
May 05, 2007
Commencement Blues Part XII
Just got back from the university's commencement. Sigh. The speaker was Sen. Sherrod Brown (D-OH) who among many other irritating things said something to the effect that the increases in our life expectancy since 1900 are owed to government programs like "Medicaid and Medicare". To which, I reply: Other DoL commencement related posts.
April 19, 2007
On revenues vs. freedom c. 1907
From the April 19, 1907 NYT: Thousands of Americans will give attention to Mr. Cortelyou's inquiry into the present barbarous method of conducting the customs examination of passengers' baggage, and if he should order sensible reforms their gratitude will be his reward.
On cigarettes c. 1907
From the April 19, 1907 NYT: SPRINGFIELD, Ill. - The House to-day passed the Young anti-cigarette bill making unlawful the selling of cigarettes or cigarette papers in Illinois. The bill now goes to the Senate.
On terrorism c. 1907
From the April 19, 1907 NYT: ST. PETERSBURG - To-morrow will witness a stormy debate in the Lower House of Parliament that has been in preparation for a fortnight past.
April 13, 2007
When adaptive expectations goes wrong
Remember how horrible the 2005 hurricane season was? And, since none of you stopped driving your SUVs, the 2006 season was supposed to be worse. So, FEMA stockpiled tons of food to be ready. Of course, there were maybe two hurricanes during 2006, and now all that FEMA food has spoiled. In late August 2006, I was listening to NPR report on the one-year anniversary of Hurricane Katrina while also warning of the coming Hurricane Ernesto. I guess the editors of NPR didn't realize that they wouldn't be successful in drumming up fear of the '06 season when we were only in the E's while the year before we were already in the K's. If you're looking for something to do early next week, check out the FairTax rallies. If any DOL readers happen to be in the Shreveport area, you can join Doug and I Tuesday evening and hear us discuss it on Tom Pace's radio show Monday starting at 4pm. For those unfamiliar with the FairTax, learn more here. Hope APEE went well. My fiancee joined the Catholic Church at the Easter Vigil last saturday, so I had to skip. I also sponsored one of my former students who joined as well.
Old Wine
The two biggest ideas pushed early in the Bill Clinton's administration were centrally planned health care and National Performance Review ("let's make government run like a business with no profit motive!"). Already in her presidential run, Hillary Clinton has promised universal health care (confusing health care with insurance coverage, cost sharing with cost reduction). Today HRC advocates coming in and cleaning up government. In an interview with The Associated Press, Clinton said the government needed to become more consumer-friendly, cost-efficient and transparent in the way it does business. "We have to bring the government into the 21st century," she said. "We expect to be able to go to an ATM machine, stick a card in and get money, but we can't figure out how to get medical records from the Department of Defense over to the VA. It makes no sense." Meanwhile John Edwards spends a day as a health care worker. Not a lot of new ideas.
April 12, 2007
Madeleine Albright Lecture
I've just returned from hearing Madeleine Albright deliver Berry's Shatto Lecture; the event is part of this week's inauguration of Berry's new president. (Side note: Fed Chair William McChesney Martin is one of Berry's past presidents.) I have a mixed review of Albright's talk. One the positive hand, she criticized Europe's lack of support for bringing an end to the Iraq mess and (in response to a student question) she rightly characterized the thuggish regime of Zimbabwe's Robert Mugabe as corrupt. On the negative hand, Albright criticized the U.S. for being the second worst donor, in percent of GDP, of foreign aid among developed countries. That figure is, in one sense, correct (source here--scroll down to Chart 1 (p.14)), but it refers only to official or governmental development assistance. Since only 20% of foreign aid is governmental (same link as before; scroll down to Table 1), the U.S.'s aid to other countries is 5 times the amount of official development assistance. Of course, the argument for aid presupposes that foreign aid is actually useful in alleviating poverty--the evidence supporting this assumption is weak at best.
Should Taxpayers Buy Me a Printing Press or a TV Network?
TALLAHASSEE, Florida (CNN) -- Former New York City Mayor Rudy Giuliani told CNN Wednesday he supports public funding for some abortions, a position he advocated as mayor and one that will likely put the GOP presidential candidate at odds with social conservatives in his party. "Ultimately, it's a constitutional right, and therefore if it's a constitutional right, ultimately, even if you do it on a state by state basis, you have to make sure people are protected," Giuliani said in an interview with CNN's Dana Bash in Florida's capital city. A video clip of the then-mayoral candidate issuing a similar declaration in 1989 in a speech to the "Women's Coalition" appeared recently on the Internet. "There must be public funding for abortions for poor women," Giuliani says in the speech that is posted on the video sharing site YouTube. "We cannot deny any woman the right to make her own decisions about abortion." When asked directly Wednesday if he still supported the use of public funding for abortions, Giuliani said "Yes." "If it would deprive someone of a constitutional right," he explained, "If that's the status of the law, yes." Rudy doesn't seem to know the difference between positive rights and negative rights. If he thinks a constitutional right to abortion means that they must be taxpayer subsidized, then he should be for taxpayers providing me with a printing press or tv network to exercise my First Amendment rights. I wouldn't have voted for him in any case, but Rudy has now made it clear that he is incapable of fulfilling the presidential oath to protect and defend the constitution.
April 11, 2007
Dennis Miller's radio show
Comedian and libertarian-ish neo-conservative Dennis Miller now has a talk radio show. Check your local listings; here in St. Louis it runs 10am - 1pm. To give you the flavor of the show, today's guests are Christopher Horner (Competitive Enterprise Institute), John McEnroe, Irshad Manji ("The Trouble with Islam Today"), and Gloria Allred. Miller's enthusiasm for the Iraq war may be as delusional as Dwight Schrute's enthusiasm for superheroes (note Milleresque zany pop-culture reference!) but he's always perceptive, and he's always good for a chuckle. Bonus: the show uses cool bumper music (e.g. Dick Dale's "Misirlou"; John Barry's James Bond themes). My favorite line from Miller's interview in the St. Louis Post-Dispatch this morning: Al Gore -- At some point, he'll come riding over the hill like he's the cavalry. But it won't take long for everyone to figure out he's not Forrest Tucker. He's Larry Storch, and he's got his hat on sideways.
April 09, 2007
Adapting to Warming
Newsweek has a remarkable series of articles on global warming. The articles try to identify gainers as well as losers, and they paint a much less gloomy picture than most of the mainstream media. This article by Richard S. Lindzen probably should be read as the theme article. (Links to other articles are at this site.) Its opening sentences: Judging from the media in recent months, the debate over global warming is now over. There has been a net warming of the earth over the last century and a half, and our greenhouse gas emissions are contributing at some level. Both of these statements are almost certainly true.
April 06, 2007
Restore Freedom of Speech
Most recent reports about the money-raising success of candidates are all about the horse race. Few have suggested the fairly obvious point that McCain-Feingold has not been effective. This editorial gets it pretty much right: But corruption has, if anything, surged. Confidence in government remains low. Nasty, attack-ad politics are as prevalent as ever. And, of course, corporations, unions and billionaires quickly found a new vehicle for their soft-money influence-peddling – the so-called “527” groups.
April 05, 2007
Worst First Pitch EVER!
In case you missed it, check out the Mayor of Cincinnati's opening day first pitch. I really like the puzzled look on former Red Eric Davis' face.
April 01, 2007
Socialism vs. Individualism c. 1907
The April 1, 1907 NYT reports on a speech given by Columbia University President Nicholas Murray Butler at the University of California a few days earlier. In the article is the following quote of Dr. Butler: At bottom, and without special reference to immediate concrete proposals, Socialism would substitute for individual initiative collective and corporate responsibility in matters relating to property and production, in the hope thereby of correcting and overcoming the evils which attach to an individualism run wild. But we must not lose sight of the fact that the corporate or collective responsibility which it would substitute for individual initiative is only such corporate or collective responsibility as a group of these very same individuals could exercise. Therefore Socialism is primarily an attempt to overcome man's individual imperfections by adding them together, in the hope that they will cancel each other. This is not only bad mathematics, but worse psychology.Unfortunately for about 100 million people during the twentieth century, Dr. Butler's words were not (I think) intended as an April Fools joke. Adding up human imperfections in the manner Dr. Murray describes seems to have led to tsunami of suffering and misery perpetrated by the very people and against the very people the system was supposed to "save" from the avarices of capitalism and capitalists.
March 30, 2007
What's in a word? c. 1907
The March 30, 1907 NYT reports that the Oklahoma state constitution has been sent to the printer: The printer who has charge of getting out the Oklahoma Constitution announces that the work will be finished next week and the distribution commenced. My version of the U.S. Constitution, sans all amendments, is 4,426 words. Including the first ten amendments adds another 482 words (and what a contentious 482 words they have proved to be!). From 1789 to 1907, the constitution of a state-to-be required 22.5 times as many words as the U.S. Constitution? I wonder whether the Oklahoma territory faced more and more complicated issues that required more words to clarify. Another hypothesis is that by 1907 government had intruded into the lives of individuals 22.5 times more than it had in 1789. Another possibility (my personal favorite), is that the 100,000 word Oklahoma constitution is a testimony to the genius of the Founders, who knew how to say what they wanted to say without extra verbiage. If the state constitution of Oklahoma was intended to outline the same rights at the state level as are conveyed in the U.S. Constitution, yet it took 22.5 times as many words to do so, would this suggest that the (legal/moral/explicative) value per word in the Oklahoma constitution was lower? If so, was this the effect of demand side or supply side influences (or both)?
March 29, 2007
On immigration c. 1907
The March 29, NYT has the following report on the population of the United States: There are now nearly 8,000,000 more people in the Continental United States than there were six years ago, according to an estimate based upon the figures compiled by the Census Bureau in a special report issued to-day. According to its estimates the population of the Continental United States in 906 wasa 83,941,510, an increase over 1900 of 7,946,935....The growth in population in the Continental United States from 1905 to 1906 was 1,367,315.
March 28, 2007
Bush yucks it up a notch
There's a surrealness to this AP story about the Prez yuckin it up good for the correspondents dinner. In keeping with the lighthearted traditions of the Radio and Television Correspondents' Association dinner, Bush poked fun at himself and a few others in remarks that drew laughter and applause at the Washington Hilton Hotel.
March 27, 2007
No Smoking Comrade
I'm not a smoker and don't like the habit in others, but I love liberty more than I hate smoking. Click above for some great anti-ban gear. HT: Ben
Incentives Matter: Campaign Cash Edition
BOSTON (AP) - A millionaire thanks to his work as a venture capitalist, Mitt Romney is acutely aware of the motivating power of money. His presidential campaign hopes it will have a similar effect on college students, which is why it's offering them a cut of their fundraising. Participants in "Students for Mitt" will get 10 percent of the money they raise for the campaign beyond the first $1,000. While candidates often offer professional fundraisers commissions up to 8 percent, campaign experts believe the Massachusetts Republican is the first to do so with the legion of college students who have historically served as campaign volunteers.
March 21, 2007
Global Warming Debate
Robert J. Samuelson nails it as regards global warming policy discussion: What's most popular and acceptable (say, more solar) may be the least consequential in its effects; and what's most consequential in its effects (a hefty energy tax) may be the least popular and acceptable.
March 19, 2007
Happy Feet & Unhappy Bears?
‘They [polar bears] cling precariously to the top of what is left of the ice floe, their fragile grip the perfect symbol of the tragedy of global warming. Captured on film by Canadian environmentalists, the pair of polar bears look stranded on chunks of broken ice….’ says an article on global warming. According to the article from which the following excerpts are taken, the only factually correct part of this quote is that the image was captured on film. This is the Disneyfication of politics: bad, greedy people on one side, and ‘cuddly’, helpless polar bears on the other. How long till we get an animated fable about polar bears to sit alongside the penguin eco-flick Happy Feet?
March 14, 2007
Keystone Kops Election Bureau
A news item on election security: Some key components of one of Georgia's most sacred institutions — that had been discovered in discarded office furniture — were recently auctioned on eBay. About 40 voter access cards and three electronic ballot encoders belonging to DeKalb County were purchased earlier this month on the auction Web site, according to Secretary of State Karen Handel. Another seven supervisor's cards, used to activate the encoders, also were up for bid.
Compare Quotes
From the AJC [bold added for emphasis]: "We call on Congress to reauthorize SCHIP," [Georgia Governor Sonny] Perdue said at an event that highlighted a study showing a drop in the number of working families nationally that get insurance through their employers. "We call on Congress to fix SCHIP's inadequate funding formulas. And we call on Congress to provide funding to states like Georgia who have successfully implemented the program and now face an immediate federal funding shortfall. "Georgia stands ready to do our part," the governor said, "but we simply cannot go it alone." "Government is the great fiction through which everybody endeavors to live at the expense of everybody else."
March 13, 2007
A Rewrite of History
This article conveys a sense of the historical nonsense that appears to be found in 300. The closing sentence provides an apt summary and an indication of the nature of the state that "Spartan virtues" would yield: "Most Greeks would have traded their homes in Athens for hovels in Sparta about as willingly as I would trade my apartment in Toronto for a condo in Pyongyang."
March 11, 2007
Are we buying this one?
The OMB has released a "study' of the costs and benefits of major legislations and rules changes at the Federal level. I haven't digested all of the report, but this graph (and associated paragraph) was a bit too much:
The difference between cost and benefits shows the net benefits of major regulations from 1992 though September 2006. We were unable to go back beyond 1992 because of a lack of comparable data on benefits. Figure 2-2 also shows that in no year were costs significantly greater than benefits, even though benefits are likely understated relative to the costs since agencies estimate costs but not benefits for some of the rules reviewed by OMB over this time period.52 Figure 2-2 also shows that over its first 6 years, this Administration issued regulations with average annual net benefits 262 percent greater than the average annual net benefits produced by the regulations issued during the previous eight years. It seems the graph is attempting to depict the marginal cost and marginal benefit of regulation, i.e. the costs and benefits of new regulations and rules changes. As an economist, I recognize the possibility (if not the probability) that public policy can provide significantly greater marginal benefits than marginal costs. However, after more than 100 years of active legislation and rules changes, would not diminishing returns set in? Is it likely that, in the 21st century, new regulations are uncovering vast oceans of previously unrealized benefits? I am not so sure. I have a hard time believing that every major regulation over the past fourteen years has been an overwhelming success in this arena, but perhaps my priors are clouding my judgement.
March 07, 2007
Did they really get the message?
The CAGW estimates pork spending in FY2007 (thus far) at 13 billion, down from $29b in FY2006. That's a savings of $53 for every man, woman, and child (including non-citizens)! How about that. Now, if it will only stick.
February 27, 2007
Another Installment of Al Gore's "Do as I Say, Not as I Do ..."
From the Tennessee Center for Policy Research: Last night, Al Gore’s global-warming documentary, An Inconvenient Truth, collected an Oscar for best documentary feature, but the Tennessee Center for Policy Research has found that Gore deserves a gold statue for hypocrisy. For a previous installment of the Al Gore hypocrite, see here.
February 26, 2007
Presidential debates c. 1907
The Democrat(ic?) party selected William Jennings Bryan to run for President in 1908. The party chose their candidate in 1906. At this time, a century ago, the Republican party hasn't chosen their candidate (at least not publicly), although there are a number of contenders. One being Albert J. Beveridge.
See if you can identify the candidate by their language: 1. A systematic absorption of power by the Federal Government would not only cause discontent and weaken the attachment of the people for the Government, but a withdrawal of power from the State would breed indifference to public affairs - the forerunner of despotism. 2. Every corporation, so great that its business in Nation-wide, is championing State rights. Every railroad that has felt the regulating hand of the Nation's Government, is earnestly for State rights. Every trust attorney is declaiming against the dangers of centralization. Do you know who is not? I do not say that all advocates of State rights are trust attorneys, but all trust attorneys are advocates of State rights. Answer below the fold. Read More »
February 24, 2007
On the cost of government c. 1907
The Feb. 24, 1907 NYT reports that the 59th Congress (1907-1908) will spend a little more than $1 billion per year - the most to date. In 1907 the economy was estiamted to be approximately $34b, and the federal government was spending approximately 3% of the economy per year. The per-capita cost of the federal government was approximately $12.50 ($268 in 2005 dollars), whereas in 1879-1880 the cost per capita was $7. Today, the per-capita cost for the federal government it is approaching $10,000 (ouch) and federal government spending amounts to appproximately 20% of the nation's economy. What's driving the run-up in costs in 1907? The military. The largest increase in appropriations was for the navy: in 1897 the navy was appropriated $30m, in 1907 the total was $102m. The story offers that spending on the navy in 1907 was $20m more than the spending during the Spanish-American War of 1898-1899. The largest proportional increase in spending was for fortifications ($24m over two years). The article does have this to say about the increases in government spending: If the wealth of the country, rather than its population, is considered, the cost of Government is now at a much less figure on $1,000 per capita [of national income] than ever before in the history of the Republic. The fact that big Congressional appropriations are no longer political issues shows that the people care little for economy in administration so long as there is general prosperity. At the close of each Congress the minority seeks to show that there have been great extravagances in appropriations. The presentation made by the ranking Democrat of the Appropriations Committee receives space in the newspapers, but seldom attracts more than one editorial paragraph in the way of comment. [emphasis added]I like the use of the word "Republic" - we don't see enough of that word these days. Note: The Republicans held the majority after the 1906 elections.
February 22, 2007
On G.W. (the first) c. 1907
The Feb. 22, 1907 NYT has the following story concerning the legacy of George Washington: It is not a wholly easy task that the Italian Government has set for the School Directors of the kingdom in directing them to explain to their pupils to-day "the meaning and importance" of the anniversary of Washington's birth in the United States. It is, indeed, a task for which a good many of our own teachers might find themselves only indifferently equipped.Nothing different today. [I]t is hard to picture definitely what it was that he did for his country and what was the full significance of his remarkable career. This is all the harder because the approximately true Washington is known and can be known only to a limited number of rather careful students, while the portrait that serves and must serve for the great mass of us is at best vague and in many respects quite misleading.At least the Washington mythology seems to have been foisted on him and not created and nurtured by him. This is in stark contrast to today's leaders who seem to write a book a year with yet another explanation of their life and why we should think it important. Two seemingly contradictory facts stand out in the life of Washington. One is that we cannot conceive of the independence of the country won and its National Government established without him, and the other is that in peaceful times it is quite possible that Washington would have passed thorough an uneventful existence known only to his immediate associates. Following up on Ed's post earlier today: Had he lived in the latter half of the nineteenth century he might, indeed, have been one of the great property holders of the day as he actually was of his own day. He was by native propensity a bold speculator in land values, and at seventeen, when surveying for Lord Fairfax, he located lands he afterward secured and made very profitable. His fortune, estimated at above half a million at his death - among the very largest, if not the largest, of that time - was gathered in part by skillful and sagacious farming, but also by shrewd speculation and by investment in corporate ventures. The NYT offers a final salutation: But all this conjecture is really beside the mark. What we know and what we cannot afford to forget are his indispensable services to our country and the splendid unselfishness with which they were rendered.
Something to think about?
I've just finished Ernle Bradford's "Hannibal," part of the Wordsworth Military Library. Finally I think I have a grasp of why Hannibal is important to world history and, as it turns out, it has little to do with elephants and the Alps. On page 95 Bradford writes: The one thing that Fabius [Roman Consul turned dictator] had to do, he realised, was avoid defeat. The victory that he must aim for was not the traditional one upon the battlefield - something that the genius of his opponent rendered unlikely - but success achieved over a very long period of time, if need be. The presence of his troops must be used to reassure the allies and their cities that Rome was watching over them. Time and the extent of the land itself must be made to work for him. The Carthaginian's [Hannibal's] army must be reduced slowly, its morale snapped, and its opportunities for engaging him in a straightforward battle reduced to a minimum.The delaying tactics led to a 17 year war that was fought on two continents - Europe and Africa - from Spain to Macedonia. While Hannibal pretty much had his way with the Romans whenever they engaged in battle, Hannibal ultimately lost. The question is, which side of the current-day conflict is Hannibal and which side is Fabius? Early in the war with Hannibal, Rome had it's political strife. After Hannibal crosses the Alps, rests, and then takes it to the Romans, for example at Lake Trasimene in 217 BC, Fabius's strategy of delay is attacked as intentionally prolonging the war, leading to the election of Gaius Terentius Varro to co-consul. As Bradford writes: Varro was a plebeian of ultra-democratic opinions who had managed to get voted into office by the people for his defamatory attacks on Fabius the dictator. His arguments, and those of his supporters, will be familiar to those who have observed the pattern of similar politicians in later centuries: the nobles had been seeking war for many years, and it was they who had brought Hannibal to Italy. It was their machinations, too, that were spinning out the war, when it might be brought to a victorious conclusion; the consuls had employed the arts of Fabius to prolong the war, when they could have ended it. The nobles had all made a compact to this effect; nor would the people see an end to the war until they had elected a true plebeian, a new man, to the consulship."The newly elected co-consuls don't see eye-to-eye about things and this division of leadership and intention leads to the disaster at Cannae. Whether current-day Varroses would do the same is something to think about. The uncanny "repeat of history" suggests that human nature has not changed over the course of 2200 plus years. It is therefore unlikely that it will change in the next three or four.
The Partisan Perils of Winning the Presidency
This is interesting data assembled by Lou Jacobs of Roll Call. Seats Held by Party at Inaugurations and after Six Years in Office President Bush Jacobs compiled numbers from the president's first inauguration. It seems to me he ought to base it from before that first election, as the president ought to get some credit for seats gained in his first election. But it's still interesting, and it's a good reminder to you partisans that in every election loss, there is a silver lining.
February 19, 2007
On the price of gasoline c. 1907
From the Feb. 19, 1907 NYT: The motor car manufacturers have a double reason for urging the passage of the bill enabling small famrers to distill alcohol for fuel. They have favored it because many thousands of stationary farm engines could use the alcohol, lessening the demand and lowering the price of gasoline to automobile owners. Now that alcohol has been found more efficient than gasoline in their own motors, they may be expected to insist even more strongly that the senate sanction the bill, which has already passed the House.Isn't it interesting that the 1907 New York Times expected its readers to understand supply and demand whereas the 2007 New York Times seems to expects its readers to not understand supply and demand.
February 17, 2007
Mr. Anyone vs. Mr. Lincoln
One wonders if forty years from now anything close to the following homage, printed in the Feb. 17, 1907 NYT, would be written for any current-day politician: Two angels at his cradle met
February 06, 2007
Make your voice heard! maybe...
Thanks to Boortz for pointing out this page, where you can ask a question to Stephen S. McMillin, Deputy Director, Office of Management and Budget. Here is my question to him, we'll see if he responds: As an economics professor, I have my own opinion on the answers to the following questions, but I am interested in yours: I'm looking forward to questions posed by fellow DoLers and its fans.
February 04, 2007
On lobbyists c. 1907
I failed to mention that the Feb. 3, 1907 NYT reported a number of individuals who had filed with the State of New York to be a lobbyist. A new state law at the time aimed to reduce influence-peddling and outright corruption through the sunshine of public knowledge. Of the thirty five individuals and firms listed, here are the "interests" identified:
One hundred years ago the lobbyists were prowling the halls of State legislatures looking for cash or other rents. So it has been and so it will be. Yet today's Congress and state legislatures promise long-awaited "reform"?
February 01, 2007
Nuevo Speak
News of the Chavez thing is everywhere. A few observations, which together suggest a whole new vocabulary is developing. Brain drain: Among the Venezuelan intelligentsia, a sabbatical is now called a "chavatical". El Guapo would be proud: In a festive scene from the ¡Three Amigos!, two German hit men join a crowd of Mexican outlaws in boistrous celebration of their leader, the infamous El Guapo, shooting their pistols in the air and screaming "viva El Guapo." Of course, a more literal reprise of this scene has been playing out in Caracas these past two days. As from this CNN report, "Long live the sovereign people! Long live President Hugo Chavez! Long live socialism!" said National Assembly President Cilia Flores as she proclaimed the law approved. And the German connection? It's no less obvious, e.g. the infamous enabling act of 1933. Democracy as red herring: From the same CNN story. “What kind of a dictatorship is this?" [Vice President Jorge] Rodriguez asked the crowd, saying the law "only serves to sow democracy and peace." Can "democracy" have any meaning after this? HT: Wayne Leighton
Soft Bigotry of Low Expectations
Sen. Joseph R. Biden Jr. of Delaware yesterday made it official that he will seek the Democratic presidential nomination, but stumbled out of the gate with a memorable gaffe that became the focus of his day. Articulate--imagine that Joe.
January 31, 2007
What's all the Caracas?
Well, this one should be fun, if predictable, to watch. Hundreds of [Hugo] Chavez supporters wearing red -- the color of Venezuela's ruling party -- gathered in the plaza, waving signs reading "Socialism is democracy" as lawmakers read out passages of the law giving Chavez special powers for 18 months to transform 11 broadly defined areas, including the economy, energy and defense. Chavez, a former paratroop commander who easily won re-election in December, has said he will use the law to decree nationalizations of Venezuela's largest telecommunications company and the electricity sector, slap new taxes on the rich and impose greater state control over the oil and natural gas industries. The law also allows Chavez to dictate unspecified measures to transform state institutions; reform banking, tax, insurance and financial regulations; decide on security and defense matters such as gun regulations and military organization; and "adapt" legislation to ensure "the equal distribution of wealth" as part of a new "social and economic model." Yeah, "new;" no one's ever tried that before. At least Hillary will be provided with a model upon which to base her Presidential platform. "Viva President Hugo Chavez, long live socialism!" National Assembly President Cilia Flores said as she proclaimed the law approved. "Fatherland, socialism or death!" If history is any guide, she'll at least get the latter two.
Loser-tarians?
Michael Medved does the best he can to make a logical argument. But then, his best is none too good. When Reagan won the Presidency in 1980, crushing the incumbent Jimmy Carter 51% to 41%, he not only overcame a third party vanity race by a former Republican Congressman named John Anderson (his “Independent” Party drew 6.6% of the vote), but he also triumphed over by far the strongest Libertarian Party candidate in Presidential history. Three facts the inexplicable Medved might want to consider: 1. Reagan had for years taken a strong "Government isn't the solution, government is the PROBLEM" line. He was not unequivocally conservative. I myself worked in the Reagan administration, for the Federal Trade Commission, precisely because he had strong libertarian sentiments in regulation and tax policy. These came to little, I agree, but Reagan was more complex than GW Bush, who is "unequivocally conservative," all right. And you can HAVE Mr. Bush; I don't want him anymore. 2. Reagan was running against JIMMY CARTER. This was Carter after the rabbit attack, after the flaccid reaction to the storming of our embassy in Tehran and the taking of hostages. That's not exactly the Dems' first team. And the Carter monetary policy and regulatory policy (Remember Michael Pertschuk?) had a big role in expanding the Libertarian vote. So, the reasons Clark did well were (1) He was a pretty good candidate, and (2) he was running against Carter, a "Let's Mate with the State!" guy from way back. Carter sent folks running to Reagan if they were gullible, and to Clark if they saw things clearly. That there are more gullible people than clear-thinking ones is not exactly front-page news. 3. In a dozen ways, "Loser-tarians" have already won. The CATO Institute, REASON mag, and a lot of other libertarian perspective are given respect and credence in DC policy debates and in the state houses. Our candidates, perhaps, have not been competitive in national races, but that is just Duverger's Law in action. It's not as if any OTHER third party has made any inroads, either. The state-sponsored parties don't make it very easy. Imagine that Coke and Pepsi go to write their own antitrust laws; there wouldn't be any 7-Up on the shelves. "Shelf crowding, confuses the customers!" And it may be true that Libertarians wouldn't be very good in office if we got there. But if we can reduce the power, scope, and intrusiveness of government by making persuasive arguments, who cares if we actually serve in office? The law, and lots of regulations, have come a long way toward what libertarians advocate in the last 25 years.
January 25, 2007
The smoking gun?
I have little to stay about the Scooter Libby case. It all seems a bit of an overkill. But then there are certain principles that our Democracy must not sacrifice, such as lying to a grand jury....er, wait a second. Anyway, the DOJ has posted some of its "smoking gun evidence" here. I use the term loosely because with all the blacked-out information on the Schmall notes it is hard for us mere mortals to tell what is going on. Enjoy.
January 24, 2007
On the nature of conflict
The Human Security Centre has released it's updated report on the number of pending conflicts. They also report a time series of the number of conflicts over time (among other things). The data are interesting, although difficult for me to confirm at times. Here's a time plot of the post-WWII period (the vertical line is at 1989 - the end of the Soviet Union) It is interesting how the nature of war has changed. Is this the result of the credible threat of WMDs? Is world-wide bloodshed worse under a regime of MAD (mutually assured destruction)? Perhaps smaller conflicts are allowed to simmer because the bigger players are reluctant to get involved for fear of the bigger toys coming into play?
Oh really, George?
President Bush last night said, “it would not be like us to leave our promises unkept, our friends abandoned, and our own security at risk.” Actually, it would be like us...
January 22, 2007
Did Huey Long read Bastiat?
My wife has been after me for weeks (months?) to clean up my home "office" and so, over this past weekend, I began going through stacks of books and papers I had not looked at, to be honest, in years. Like, for example, the Spring 1985 issue of The Southern Review. This was one of three special issues celebrating that journal's 50th anniversary and it is chock full of interesting stuff -- such as, Huey Long's thoughts on taxpayer funding of higher education. According to the introductory note, Long spoke in 1935 to a gathering at LSU honoring the Italian ambassador to the US, who had been invited to visit the university as part of the celebration of its 75th anniversary. Long's remarks, as "reported the same day in the Baton Rouge State-Times," included the following gems: I want to give some advice to the colleges. I'm the worst politician in the Untied States. The way I get along with the people of this state is not by answering criticisms. I know that there are so many more that know something about themselves that they don't want told I at least get the sympathy of a large number. You will find out that you cannot do without politicians. They are a necessary evil in this day and time. You may not like getting money from one source and spending it for another. But the thing for the school people to do is that if the politicians are going to steal, make them steal for the schools. What more is there to say? The citation is Huey P. Long, Politics and Education, Southern Review, 21:257-259 (1985). No link; sorry.
January 19, 2007
Profiles in Courage
Rep. Jack Kingston, R-GA, withstood the pressure from his colleagues to go along, and instead cast the lone "nay" vote on House Resolution 39. The resolution in question was to commend the University of Florida football team on its BCS Championship victory. Kingston is a loyal University of Georgia alumnus (1978, economics). Kingston explained his vote to the UGA student newspaper The Red and Black: "I thought that with all the serious issues facing our country such as Iraq and terrorism, voting on Florida seemed kind of silly; but if we're going to vote on silly stuff, I might as well remind people there are a few Bulldog fans in Congress," Kingston said.
January 15, 2007
Georgia's Gubernatorial Race c. 1907
For those of us from or living in Georgia, some of these names will ring familiar: SAVANNAH - Col. John Holbrook Estill, editor of the Morning News, yesterday announced his candidacy for the Democratic nomination for Governor. This makes five entries, the others being Clark Howell and Hoke Smith of Atlanta, James M. Smith of Oglethorpe County, and Judge Richard B. Russell of Winder. The primary will be held next Summer.
January 12, 2007
Shocked! Shocked!
From the Washington Times: On Wednesday, the House voted to raise the minimum wage from $5.15 to $7.25 per hour. Update, from the New York Times (1/13/07): Fending off charges of favoritism, House Democrats say a just-passed minimum wage bill will be changed to cover all U.S. territories -- including American Samoa -- before it reaches President Bush's desk.
Civil War defined c. 1907
As we seem to have trouble defining "civil war" today, it seems that in 1907 there was a similar problem in the U.S. Senate. Ostensibly, the Senate determined that the conflict that stretched from 1861-1865 was actually a "civil war" not a "War of Rebellion" or a "War of Yankee Aggression," or even a "War Between the States." Why all the hubub? When Senator McCumber of North Dakota, who for nearly forty years has labored under the impression that there was a War of the Rebellion, admitted in the Senate today that he might be in error and was willing to accept the statement that there was a civil war, and so provide for service pensions, the terminology of the greatest event in the history of the States was determined. In other words, including the term 'War of the Rebellion' in a Service Pension Bill was deemed complicated. The story goes on: The North Dakota Senator was proceeding in the dispassionate and expressionless way which always empties the galleries, when an expression dropped by him was caught by the acute ear of Carmack of Tennessee.In pre-C-SPAN days there were dry and boring Senators? Money of Mississippi was promptly on his feet, clamoring to be heard. An accommodating Vice President recognized him, whereupon the Mississippian asserted that neither McCumber nor Carmack knew just what to call the occurrences of 1861-5. There might have been a rebellion and there certainly was civil war, but historically and legally the events within the period named should be classified as "a War Between States."As this debate was surely spinning out of control, a voice of reason contributes: The meek-appearing but bellicose Teller could no longer refrain from joining in the melee. He delivered himself in sarcastic tone of this dictum: "The facts of history cannot be altered by splitting hairs over terminology." After a few more rounds of squabbling and one side-story about a father buried in the Confederate flag and a son being buried in the U.S. flag, the story ends by stating: Thereupon the Service Pension bill was amended so as to recognize as having earned a pension those soldiers who served in the Union Army in "the Civil War." As one who grew up on a Civil War battlefield, such stories are of interest. If there had been no Pension Bill would the accepted terminology considering the conflict be different? If so, who would have determined the terminology - the population, the media, or the academics? Perhaps the politicians might have grabbed first-mover-advantage.
January 11, 2007
On States Rights c. 1907
The Jan 11, 1907 NYT is full of interesting stories. One reports a quotation/prediction by Chairman Tawney of the House Appropriations Committee: The people of the states are rapidly forgetting, or at least ignoring, the fact that the founders of our Federal Government never intended that it should encroach upon the rights of the States in respect to matters which pertain exclusively to them, nor did they intend that the States should surrender the functions of government which they reserved to themselves, and encroach upon the Federal Treasury for the purpose of securing money to perform those functions which they thus reserved and which belong to them.
January 10, 2007
This says it all
From Crop News Weekly: Already a new ethanol related bill has been introduced and new farm bill discussions are being thrown around the Hill as legislators settle back into their routines. The solution to any bad habit is to alter your routine. Perhaps Congress doesn't think it has any bad habits?
January 09, 2007
Discerning voters
This article suggests that anti-WalMart is not good politics, except maybe for getting nominated as a Democratic candidate. Three-in-four voters say attacks by politicians on Wal-Mart won't affect their voting behavior. But among those who say it will, those people are much more likely to vote against a candidate who skewers Wal-Mart than they are to vote for him
December 28, 2006
One 'A' too many c. 1906
The Dec. 28, 1906 NYT reports this little ditty (borrowed from Harper's Weekly): A number of years ago when the present Second Assistant Secretary of State, Alvey A. Adee, was Third Assistant, an employe of the State Department was called to the 'phone. Never heard of Alvey A. Adee? Neither had I. Yet, he merits a Wikipedia entry, which is more than I can say about myself. His claim to fame, other than an interesting name? He served as acting Secretary of State during the Spanish-American War.
December 27, 2006
The "Wise Men" Solution c. 1906
From an editorial in the Dec. 27, 1906 NYT: Our inquiries at the country's traffic centres did not reveal any single cause of the shortage of cars which is annoying every railway, every shipper, and every consumer of anything transported by railway. The unfeeling railway men seem to think that there is nothing to do but to work out of the congestion as best as we may, but down at Washington the wise men know better than that. The true remedy is to give power to the wise and strong man who are charged, it is true, with other matters, but who would have not objection to taking charge of any other small jobs which are badly attended to. In other words, the supply of railway services, specifically the capacity of railway cars, seems to be less than the demand for railway services. This, in turn, has created a shortage for which there seems to be two options: let the private sector deal with the problem or give the solution to the program to the "wise men" of the government. The editorial goes on: The President has taken up the subject with the Inter-State Commerce Commission and has asked them to draft drastic remedial legislation giving them power..."to compel any railroad to forward an adequate number of cars to any point at any time of emergency." This is thorough, but too slow for Senator Hansrough's taste. He is to the force with a project of law "to compel the railroads to anticipate extraordinary movements of commodities, and to take care of such shipments when they are offered."In something that would seemed to have come from Ayn Rand's Atlas Shrugged, one branch of the Federal government proposes to compel private companies to respond to "emergencies" with an "adequate number of cars." Who is to define an emergency and who is to define adequate? The implication is the "wise men" of the ICC will take care of those definitions, thank you very much. But another branch of government tops the other with proposed legislation that requires railroads to "anticipate extraordinary movements of commodities." These are excellent remedies. The only defect is that they are to be applied solely to the railways. It would be derisory to suggest that Congress should pass an act enabling, or rather "compelling," all of us to be foresighted and forehanded. We would not make any such absurd suggestion as that, but recommend only that the Inter-State Commerce Commission, or the President, or both, should have power over all directly concerned. On Christmas Day, for instance, there were 14,000 cars idle at Galveston because shippers would not unload them. Is it not clear that the situation would be relieved if the Inter-State Commerce Commission had authority to order every shipper to provide himself with storage facilities adequate to enable him to take the goods out of the cars and turn them back for other loads? The NYT pokes fun at the idea that the government should be able to compel private firms to not only formulate accurate expectations but to act upon them for the betterment of others, with no regard for the profitability of doing so. The editorial finally zeroes in on the major problem of the "wise men" solution, long before Hayek, Mises, or Rand put pen to paper: There can be one objection. If the Commission orders everybody else to be foresighted who will enforce the order? We are not aware that the Commission had placed itself upon record as ordering now what it would order for the next emergency.This is exactly the post-Katrina criticism many levelled against FEMA. The editorial slams the door shut on the "wise men" solution with a penetrating logic we could only hope those in the halls of Congress would employ: We heartily favor making everybody foresighted and competent by law, but we are a little anxious about the detail of making those issuing the orders themselves foresighted and competent.
December 26, 2006
Rationality of Ideology
My main man at Clemson, Bill Dougan, and I had a paper in the Journal of Law and Economics in 1989, entitled "The Rationality of Ideology". We tried to think of examples that our theory would explain, examples that standard rational choice theory might miss. We thought of some. But here is a terrific one: "Republican House staff members who are losing their jobs in the aftermath Now, that does NOT explain why these same yo-yos voted FOR all those roads bills, and earmarks. But the point is that the only way to establish an ideological reputation is when it costs you to do so. (Nod to KL, who is neither rational nor ideological)
December 19, 2006
Baptists and Bootleggers Once More
On irradiation, from the Wall Street Journal (subscription required): The technology is known as food "irradiation," a process that propels gamma rays into meat, poultry and produce in order to kill most insects and bacteria. It is similar to milk pasteurization, and it's a shame some food marketer didn't call it that from the beginning because its safety and health benefits are well established. The American Medical Association, the Centers for Disease Control (CDC), the Food and Drug Administration and the World Health Organization have all certified that a big reduction in disease could result from irradiating foods.
December 16, 2006
Guns or caviar?
Slate reports a handy-dandy measure of global bellicosity. So, which is it? Is the world more peaceful or more warlike? Since Americans are doing the lion's share of the fighting and military policing, it's difficult for us to answer the question objectively. Fortunately, there is an unbiased global economic indicator that sheds some light on the question: the Guns-to-Caviar Index. The graph is here.
December 15, 2006
The System Is the Problem
Good deeds don't go unpunished, as this Washington Post article demonstrates. At dawn on Tuesday more than a thousand Immigration and Customs Enforcement agents descended on six plants owned by Swift & Co., one of the country's largest meat processors. Some 1,300 workers were arrested, and operations at all six slaughterhouses were suspended. Seen in one light, the raids were perfectly justified. Both employer and employees were breaking the law.
December 14, 2006
Chinese turmoil
"China in Revolt" paints a picture consistent with Friedman's view that markets erode authority. By Deng’s time, frustrated bureaucrats and countless individuals, including some of the poorest and most desperate citizens in China, were ready to take the next step—ignoring central-government decrees and building large private businesses that now account for at least 40 percent of the Chinese economy. This became China’s “economic miracle,” brought to fruition even as government officials remained holed up in their offices in Beijing, preparing meticulously detailed five-year plans.
How Reuters analyzes the minimum wage
Reuters carries the story, "Democrats to raise wages for poor workers." The incoming Democratic-led U.S. Congress intends to give a hand to dishwashers, fast-food cooks and America's other poorest-paid workers by raising the federal minimum wage for the first time in a decade. The article makes no mention of possible employment effects or any other negative impact. One secondary effect is claimed: In addition to raising the pay of people who now earn less than $7.25 per hour, the proposed new minimum wage, an increase would prompt employers to increase the wages of an estimated 8.3 million other low-paid workers, according to some estimates. Not only will the minimum wage increase further distort the labor market, but it will also carry baggage in the form of goodies for Republican constituents, though the Democrats might not have to give the Republicans much due to the bill's popularity: "I think a minimum-wage bill -- pretty much a Democratic document without a lot of extras to placate Republicans and their small-business allies -- will pass, hit the president's desk and he'll sign it," said Ethan Siegal of the Washington Exchange, a private group that tracks Congress for institutional investors.
December 13, 2006
Flair Enters NC Gov Race
And, forgive me for being excited.... BUT THE FREAKIN' NATURE BOY HAS ENTERED THE NC GOVERNOR'S RACE! You can find the tale o' the tape here....
December 12, 2006
Pinochet
This is the concluding paragraph in a remarkable Washington Post editorial. The contrast between Cuba and Chile more than 30 years after Mr. Pinochet's coup is a reminder of a famous essay written by Jeane J. Kirkpatrick, the provocative and energetic scholar and U.S. ambassador to the United Nations who died Thursday. In "Dictatorships and Double Standards," a work that caught the eye of President Ronald Reagan, Ms. Kirkpatrick argued that right-wing dictators such as Mr. Pinochet were ultimately less malign than communist rulers, in part because their regimes were more likely to pave the way for liberal democracies. She, too, was vilified by the left. Yet by now it should be obvious: She was right. This article in the Sun-Times provides much more detail.
On Socialism c. 1906
From the Dec. 12, 1906 NYT: Socialism is not, as is sometimes thought, the enemy of capital. The real antagonist of Socialism, the power against which Socialism is striking, and which, if Socialism wins, must be destroyed, is the family.
December 11, 2006
Warming, Global and Otherwise
George Will's roundup of some strange and ominous happenings of the past year includes these: Two U.S. explorers went to the North Pole to study how global warming threatens polar bears. They had planned to go last year, but were forced to delay Project Thin Ice because of unusually heavy snow and ice. More on the latter from The Guardian: The new figures are the result of Greece's determination to avoid a ticking off from the EU, which has the right to impose hefty fines on a eurozone country if its budget deficit rises above 3% [sic] of GDP. By boosting the size of its economy the Greek deficit will fall from 2.1% of GDP to 1.9%. Without the change the deficit would have fallen from 2.6% of GDP to 2.4%, according to the Financial Times. But it might have backfired: While the new figures will allow Greece to escape possible fines for running a high deficit, the country will pay for its honesty in other ways.
December 09, 2006
Academic freedom
David Horowitz ("Academic freedom for students") reports on remarkable goings-on in the Pennsylvania university system: [W]hen the regulations were examined, it was evident that they applied only to professors. In other words, students not only did not know their rights, they didn't have any. The committee has recommended that this deficiency be corrected, and universities have already stepped forward to do so.
December 08, 2006
Libertarian Progressives
Larry informs me that the Lindsey essay is available here.
Libertarian Progressives
Brink Lindsey (subscription required) calls for a new fusion of libertarians and progressives. He characterizes the current state of affairs thusly: Yet progressives remain stubbornly resistant to embracing capitalism, their great natural ally. In particular, they are unable to make their peace with the more competitive, more entrepreneurial, more globalized U.S. economy that emerged out of the stagflationary mess of the 1970s. Knee-jerk antipathy to markets and the creative destruction they bring continues to be widespread, and bitter denunciations of the unfairness of the system, mixed with nostalgia for the good old days of the Big Government/Big Labor/Big Business triumvirate, too often substitute for clear thinking about realistic policy options. Lindsey points to a few cases in which some fusion has occurred and closes with the following assessment of what would be required for his program to be realized: It must be based on a real intellectual movement, with intellectual coherence. A movement that, at the philosophical level, seeks some kind of reconciliation between Hayek and Rawls.
December 05, 2006
On Congressional salaries c. 1906
The Dec. 5, 1906 NYT reports on Congressmen proposing to raise their salaries (once again): A proposition is underway to increase the salaries of Congressmen to a point where they will not be tempted to eke out their incomes by porch-climbing and panhandling...If the Democrats can be induced to restrain their propensities for making the eagle scream, the measure stands an excellent chance.$5,000 in 1906 is approximately $112,000 in 2005 CPI adjusted dollars and $7,500 in 1906 would be worth about $168,000. Current Congressional salaries are right at $165,000 today. In other words, we pay Congressmen the same today, in real terms, as we did 100 years ago. In return, we have a much more intrusive and paternalistic government. Correlation or causation?
November 30, 2006
Czarist favors c. 1906
In the Nov. 30, 1906 NYT is this little ditty: The Emperor has approved the resolution adopted by the Council of Ministers fixing twelve hours as a working day, including two hours for meals in all industrial establishments. This law will become operative six weeks after its promulgation.
November 22, 2006
World's worst pork
In contrast to my yummy earlier post on Wagyu beef, a new report from Heritage Foundation details the yucky mounds pork in this year's federal budget. Money passage: Giving lawmakers their own pot of taxpayer dollars to distribute as they wish invites corruption. Not surprisingly, the media has been saturated with stories of lawmakers earmarking federal grants to projects directly benefiting campaign contributors, friends, relatives, and even themselves. The report lists the top 100+ pork projects still in the FY2007 budget (as of 11-15-06). My favorite: $1,000,000 for Mormon cricket and grasshopper activities in Utah. What the...? Spotlighting this stuff helps, of course. But policymakers respond more to incentives fundamentally shaped by institutions. Because the U.S. system is geographically based with single representative districts, each legislator has a strong incentive to advance budget items that impart benefits on their home district while imposing the costs on the general tax fund. In this system, logrolling, omnibus bills, and more recently earmarks, enable policies that would otherwise fail if voted on individually. The institutional structure—not bad politicians—is the root cause of economically inefficient policies such as pork barrel spending. In order to achieve fewer bad policies, public choice analysis would suggest divorcing representation from geography. Happy earmarking.
November 17, 2006
John Edwards vs. Wal-Mart
Reason's Jeff Taylor knocks one out of the park.
Statistical Discrimination
Thursday's (11/16/2006) All Things Considered carried an interesting story on profiling, "Hearing Sounds of Religion, and Fanaticism" (available on Lexis/Nexis). An excerpt: I didn't want to be caught staring so I looked away, but not before I noticed he was driving a white cargo truck. Hold it. Muslim guy in a cargo truck. My mind played a flash round of word and picture association - all involving the words truck bombs. Of course, this being NPR, the essayist chalked it up to societal conditioning.
Two Wal-Marts: One for us, one for John
Is Wal-Mart entering the negative campaign ad game? Maybe so, according to this report: "Wal-Mart had noted in a news release Thursday that on the same day Edwards was criticizing the company in a conference call with union-backed activists, the volunteer staff member had asked a Raleigh, N.C., electronics department manager to obtain a PS3 for the ex- senator's family."
November 16, 2006
Electability
I know this is playing fast and loose with statistics, but it seems like harmless fun. I treat the prices at Intrade.com as probabilities. They give the price for these six candidates to be nominated (I call this ProbNom) and to win the presidency (my ProbWin). From this, I compute the conditional "probability" of winning given nomination for the six leading contenders. Name ProbNom ProbWin Prob(Win|Nom)
November 15, 2006
The Surprising Truth about Compassionate Conservatism?
I saw a newspaper write-up today about this new book (and forthcoming 20/20 segment): Who Really Cares: America's Charity Divide; Who Gives, Who Doesn't, and Why It Matters. Copied from the website: Arthur Brooks, a top scholar of economics and public policy, ... demonstrates conclusively that conservatives really are compassionate-far more compassionate than their liberal foes. Strong families, church attendance, earned income (as opposed to state-subsidized income), and the belief that individuals, not government, offer the best solution to social ills-all of these factors determine how likely one is to give. Charity matters--not just to the givers and to the recipients, but to the nation as a whole.
November 13, 2006
HillaryCare Once More?
The return of HillaryCare? This, from AP: She also said Democrats would focus on improving the quality and affordability of health care - a touchy matter for the former first lady, who in 1993 led her husband's calamitous attempt to overhaul the nation's health care system. The failure of that effort helped Republicans win control of both the Senate and House the following year.
Ortega's Election
"¡Viva el Capitalismo!" provides an interesting analysis of the recent Nicaraguan election. An exerpt: "In a sense, these moderate left-wing leaders, perhaps now including Mr. Ortega, are a lot more in sync with what Ronald Reagan and his men were aiming for in Central America in the 1980s than Oliver North would care to admit."
November 11, 2006
Libertarian Dems?
This New Republic article contains some suspect economic analysis, but the political anallysis is intriguing. Democrats have responded by fielding candidates like Tester who support gun rights, oppose gay marriage, and attack the Bush administration for expanding the reach of government.
November 09, 2006
Bias?
Here, from USA Today, is a classic example of biased reporting. Under the headline, "Liberals mark big victories with ballot initiatives," USA Today goes crazy. "Liberals claimed unprecedented victory in Tuesday's ballot measures as voters raised the minimum wage in six states, overturned South Dakota's restrictive abortion law and defeated for the first time a proposed constitutional ban on same-sex marriage. All true enough. But unmentioned in the entire article are the defeats of tax increase proposals in California and elsewhere, some of which I outline here. Passage of the Michigan Civil Rights initiative draws this passing reference, buried in mid-paragraph, "In Michigan, voters approved a ban on several affirmative action programs." Does anyone doubt its defeat would have been trumpeted to the hills? There is no mention at all about nine states that made it harder for state and local governments to seize private property. No mention at all about the failure of campaign finance restrictions in liberal California and "good government" Oregon. Bias, anyone?
Election Reflections - A Center-right Country
Some thoughts on Tuesday's results can be found below the fold. A bad day for Republicans, but not for limited government. Read More »
November 08, 2006
Gridlock: Good News or Wishful Thinking?
From the WaPo (with a HT to Dan Alban): NEW YORK -- Wall Street rose for a third straight session Wednesday, with the Dow Jones industrials reaching another record close as investors grew more confident that a huge victory by Democrats in congressional elections would result in gridlock and keep lawmakers out of the way of business interests. I hope Wall Street is right, but I'm skeptical. Congress has passed all sorts of slop over the past 6 years but Bush has found only one bill objectionable enough to warrant a veto. I expect Bush to cave on CAFE, the minimum wage, and drug price controls (if not explicit then implicit via the "buying power" of Medicare). Pro-growth tax policy, one of the few Bush bright spots, is likely to be substantially undermined by the Dems desire for "middle class tax cuts."
Whew
That's finally over. My city elected a mayor who, in a radio interview, claimed that he didn't vote to raise taxes while in the state legislature, since some of them were fees, some votes were to continue existing taxes, etc. A rose by any other name... On NPR's live coverage last night, the anchor, referring to the slim margin in Virginia, said something to the effect of "and you think your one vote doesn't count?" Isn't it sad when your one vote does count? We are establishing who will determine the laws and policies which will constrain our lives, confiscate our income, and ideally protect our life, liberty, and property. Yet that determination may be made by some dude in Virginia who decided to go to the polls because the Outdoor Channel was showing a rerun of a deer hunting episode. New episode? Completely different election result, different legislative direction of our country for two years. "Every vote counts." That's why, if I had wasted a half hour of my life yesterday, I could have voted for the Libertarian who ran, oh wait, no Libertarians ran in my district. But I guess I could have enjoyed fulfilling my "civic duty" of tapping a computer screen with a three-foot curtain pulled behind me. My benefit-cost analysis of voting doesn't include emotional benefits. A half hour of my time vs. one more vote out of several hundred thousand for a candidate I don't like. "Soldiers die protecting your right to vote." I honor their sacrifice. Which is the worse offense, that I don't vote or that those who I can vote for stand against every Constitutional principle? "But if everyone thought that way..." I'm not everyone, I'm just me. I can't remember where he said it, but Walter Williams said that in the best NBA games, you never notice the referee. They make consistent calls and apply the rules fairly. Visiting fans get annoyed when a hometown ref shows favoritism. In Congress, it shouldn't matter who we elect; their job is to apply the Constitution fairly. When the understanding of our political system devolves from a Constitutional republic into a mob-rule democracy, suddenly everyone is clamoring to pick the ref who will make the worst calls in their favor.
Bummer
No, the headline doesn't refer to the commiecrat takeover of the House and the Senate. While the Democrats' big year did take down some decent Republicans (e.g., Chris Chocola of IN), the party of pills for seniors, bloated farm bills, and bridges to nowhere didn't deserve to retain control. Of course, it's hard to make a case that the Dummycrats deserve to win. Not only is their agenda rotten, but campaign tactics such as GA Rep John Lewis's telling black voters that "Your very life may depend" on voting against a Republican running for the Fulton County Commission are outrageous. Instead, the headline refers to Maine's defeat of a Taxpayers' Bill of Rights proposal. The proposal was given a good chance to pass and its passage would have given the TABOR movement momentum in other states. TABOR's failure in Maine makes it a bit less likely that GA's Republican leadership will push the measure. One bright spot--several states including GA passed ballot items making it more difficult for government to seize property via eminent domain. I'd be more enthusiastic if I thought the measures would truly stop government predation. Instead, I expect crafty pols will make use of loopholes or creative reading of the measures to continue their legal plunder.
November 07, 2006
Midterm elections c. 1906
A sample of articles from the Nov. 7, 1906 NYT:
Some other headlines:
November 06, 2006
Vote early (and irrationally?)
Perfect timing for Bryan Caplan's "The Myth of the Rational Voter." Some excerpts: But why are there some areas — like politics and religion — where irrationality seems especially pronounced? My answer is that irrationality, like ignorance, is sensitive to price, and false beliefs about politics and religion are cheap. If you underestimate the costs of excessive drinking, you can ruin your life. In contrast, if you underestimate the benefits of immigration, or the evidence in favor of the theory of evolution, what happens to you? In all probability, the same thing that would have happened to you if you knew the whole truth. HT to Don Boudreaux
November 05, 2006
Vote early (and vote often?)
From a Nov. 5, 1906 NYT editorial: To all our readers...we tender the urgent advice to vote as early as possible.
October 31, 2006
Courts and ballots c. 1906
File this in the "things never change" drawer. From the Oct. 31, 1906 NYT: There is doubt in the minds of the members of the Election Board whether ballots for Tuesday's election can be printed in time. Never before has so short a time been allowed the printers to get out the enormous amount of work before them, and it was admitted early this morning, when the decision of the Court of Appeals was received, that only by the exertion of every energy could the ballots be in the voting places when the polls open on Tuesday morning...
October 30, 2006
Revealed preference in the arms trade?
From this Yahoo! story: The United States has ceded to Russia and France last year its role of the top arms supplier to the developing world as it failed to take full advantage of emerging markets and opportunities created by booming oil prices, according to a new congressional study.
October 24, 2006
Pre-election blues c. 1906
From the Oct. 24, 1906 NYT: COLUMBUS, Ohio - The Republican County Chairman of Ohio informed Chairman Dick of the State Executive Committee at a meeting Tuesday that they must have money to hire campaign workers if satisfactory results are to be expected. Apathy exists everywhere, the Chairman said when called upon to report after speeches had been made by Congressmen Burton and Kiefer. "For ten years the Republican workers have been fed on things material," he explained, "and it is now too late to feed them on promises." In other words, it takes money to make the political mare go fast enough to bring in votes. However, the Chairman reported that the chances for Republican success are constantly growing brighter. On a related note, Barron's Magazine (sub req'd) predicts House and Senate races based on the amount of money each candidate raises. This sounds familiar, as my 1998 Economics Letters paper outlines the same basic approach, although I differentiate between individual, PAC, and party contributions. I found that PAC contributions delivered more votes per dollar, whereas party contributions correlated with fewer votes - my reasoning being that parties only give substantial money to losers in order to save face. Did Barron's steal from me? I am not that egotistical, however it is nice to see "independent" confirmation of years-old research.
October 20, 2006
Is the Club for Growth Going Soft?
I'm a huge fan of and small contributor to the Club for Growth. The Club has been a major donor to the few bright spots in Congress (e.g., Jeff Flake). One of the Club's endorsements for this year is Arizona Senator Jon Kyl. However, a Kyl ad I saw while in Arizona makes me wonder if the Club has lowered its standards. The ad features a quadriplegic woman recounting how Sen. Kyl obtained medical benefits for her. (The ad is here; it is the one called "Heather.") Presumably the benefits are from a government program, but the ad isn't specific. Hence it strikes me as odd that the Club would support a candidate campaigning on how effective he is at spending tax dollars. Indeed, money being fungible, Club members might be effectively underwriting the ad. In fairness to the Club, Kyl might have other ads that tout his limited government positions. And one might even make a decent case that this woman's dire circumstance (her paralysis apparently resulted from an attacker sent by her ex-husband) is a legit function of government. Nonetheless I wonder if an ad of this sort, rather than an anti-tax ad, is a sign of panic by Kyl or the Club.
Dumb and Dumber
Jeff Daniels, of the funny (yes, I admit it) film "Dumb and Dumber", has been popping up on my tv lately as a pitchman for "economic development" in Michigan (he's a native and resident of the state). I suspected garden variety mercantilism, albeit using a celebrity rather than a pol. It turns out, though, that the absence of a pol in the commercials doesn't mean there isn't a political angle--the ads are part of Michigan Governor Granholm's effort to buy enough votes for re-election. From the WSJ: LANSING, Mich. -- Economic anxiety hangs heavy over the midterm elections in this cradle of the American auto industry. That has meant trouble for the re-election campaign of Democratic Gov. Jennifer Granholm. Her response: flexing the power of incumbency and mounting a minibailout of the Big Three, along with other companies in the state, as Washington stands by. As economic policy, the value of Ms. Granholm's corporate largess is questionable. The state aid is minuscule compared with losses the auto makers face. GM says the breaks are unlikely to swell its payroll. And even with the $151 million on offer, Ford appears bent on reducing its global work force by 40% within three years -- a move Ms. Granholm's critics say could wipe out 7,000 Michigan jobs. But as a political move, the drumbeat of business-subsidy announcements looks to be working for the 47-year-old incumbent. She recently took a 50-45 poll lead against an opponent she trailed in July. ADDENDUM: Andrew Roth of The Club for Growth Blog also picked up on the dumb and dumber theme.
October 17, 2006
On public corruption c. 1906
From the October 17, 1906 NYT editorial page: It is reported from Washington that in the mind of that queer community there is some sort of sympathy for ex-Senator Burton of Kansas, who...will have to go to jail. He was convicted of having accepted a fee for representing a client before the departments while he was a Senator. The ground of the sympathy, it seems, is that other Senators and Representatives have sinned in the same way and escaped. Yet it is plain in any other latitude than that of Washington that the offense was one essentially impossible for a man with a decent sense of his duty as a Senator. It is highly necessary that it should be punished and abolished and all the more so if there be many offenders. To accomplish this some one must be the first victim of justice. In this case the victim was unquestionably guilty, and exhausted all the resources of technical defense to evade the penalty due. Sympathy would seem to be misplaced in his case. (emphasis added)I don't like the term "victim of justice," as the bribery undermined the public trust and the proper role of a limited government (ironically, bribes might be part of the proper role of an unlimited government). The victim in this case was the constituents who didn't have elite access. All of this sounds familiar, I understand, but in the current environment it seems useful to remind ourselves that there was never a time when politicians weren't on the take but there was a time when we punished at least one grafter with something beyond an "ethics censure." In a similar vein, since when does revising your ethics report indicate that you have revised your ethics?
Ohio Voting 101
I voted by absentee ballot yesterday because I'll be out of the country on election day. How did I vote? Read More »
October 16, 2006
Curious headlines c. 1906
The ProQuest NYT archive reports headlines as follows: In the case of letters to the editor, multiple letters are filed under the heading of the first letter published. However, the archive lists the letters in reverse order. Anyway, the October 16, 1906 NYT has the following series of headlines: Again, the RMWU warning is associated with the first letter which warns against overconfidence against the Democrat Hearst. However, the irony of the other headlines in the archive attracted my eye.
October 15, 2006
On media bias c. 1906
From a letter to the editor in the October 15, 1906 NYT: Born to irresponsibility "with a silver spoon in his mouth," he [William Randolf Hearst] was amply qualified to establish an "American" newspaper, first as a plaything, then as a perverter of morals and a destroyer of principles essential to the continuance of the true American commonwealth.
October 11, 2006
In the wilderness c. 1906
From a letter to the editor in the October 11, 1906 NYT: Being a Democrat and wishing to take part in the present campaign, I would like to know how I stand, that is, whether I am forced to support the Republican or Independence League candidate, there being no Democrat in the field.The letter writer refers to the nomination of William Randolph Hearst as Democrat candidate for the governor of New York, yet many "small l" democrats might ask the same question today in many parts of the country. From another letter to the editor in the same edition: Any man or set of men who would set class against class in this Republic, whatever his label, is not and cannot be a follower of Jefferson and a Democrat. Any men who will endeavor for his own purposes to foment and capitalize the latent unrest of humanity is a foe to every form of law and government.The letter writer in this case refers to insurance scandals that required investigations and indictments earlier in the year, of which Hearst was lead dog. Nevertheless, the language seems equally pertinent today.
Vote Buying Pols: NY State Senator Edition
From the Chronicle of Higher Ed's blog: At least a dozen state senators in New York have been getting free election-year publicity from the state’s private colleges after using taxpayer dollars to publish college guidebooks, each with one of the lawmakers’ photographs on the cover. The Times Union, a newspaper in Albany, N.Y., first reported that Republican lawmakers had diverted tens of thousands of dollars from a special-projects fund—known as the General Legislative Operations Programs, or GLOP, account—to the Commission on Independent Colleges and Universities. The private-college association then used the money to print special editions of a guide to New York’s private colleges featuring the sponsoring senator’s photograph and to distribute the books to high schools, community colleges, and libraries in the senator’s home district. One more data point for the public choice view of politicians over fantasy that pols are selfless public servants.
October 09, 2006
Journalism 101: Got No Story? Make one up.
The local fishwrapper headline read, "Outside of Columbus few Central Ohio black coaches can be found." Of course it would have been just as accurate to write "Outside of Columbus few Central Ohio black people can be found."
October 06, 2006
Campaign finance reform c. 1906
The Oct. 6, 1906 NYT lists various legislative limits on campaign financing with a big one at the end. I provide the bullet-list form: Then comes the hammer, which I quote: No corporation or joint-stock association doing business in this State, except a corporation or association organized or maintained for political purposes only, shall directly or indirectly pay or use or offer, consent or agree to pay or use any money or property for or in aid of any political party, committee, or organization, or for, or in aid of, any corporation, joint-stock or other association organized or maintained for political purposes, or for, or in aid of, any candidate for political office, or for any political purpose whatsoever, or for the reimbursement or indemnification of any person for moneys or property so used. Any officer, Director, stockholder, attorney, or agent of any corporation or joint-stock association which violates any of the provisions of this section, who participates in, aids, abets, or advises or consents to any such violation, and any person who solicits or knowingly receives any money or property in violation of this section, shall be guilty of a misdemeanor and punishable by imprisonment in a penitentiary or county jail for not more than one year and a fine of not more than one thousand dollars. Take that!!
October 03, 2006
Washington Libertarian candidate "hocks" his way into TV debate
Television station KING/5 in Seattle is hosting a debate on October 17 among U. S. Senate candidates. Everyone expected the debate to include only Democratic Sen. Maria Cantwell and Republican Mike McGavick. But the station’s guidelines for admission to the debate, reports the Seattle Post-Intelligencer, allow any candidate who has raised at least 10 percent of the funds raised by the winner of the previous Senate election. The station used the 2004 third-quarter fundraising report filed by Democratic Sen. Patty Murray, who had raised $12.1 million. To meet the $1.21 million test, the Libertarian Party candidate, Bruce Guthrie, has now lent his own campaign $1.18 million (he had already raised $31,062). Pretty clever, given that he doesn’t actually have to spend it: [Guthrie] admitted he might not spend much of it, saying: "This is a loan, and I do intend to get most of it back. If the fundraising doesn't go well, I might not spend most of it. If the fundraising does go well, I might spend most of it." He needs it back, because he’s not a rich man: Guthrie, 43, a former part-time college instructor, said he mortgaged his Bellingham house and depleted his savings to raise the money. Will Guthrie’s participation affect the race? It might. Republican Sen. Slade Gorton lost to Cantwell in 2000 by a mere 2,229 votes; the Libertarian that year got 64,734 votes. Prediction: Next time around, the TV station has a new set of qualifications.
Boots on the ground c. 1906
Over the past two months or so in 1906, Cuba has experienced a revolution of sorts. The United States is mobilizing naval and marine forces to be sent to the island nation - we will be there until January 1909 - but it is not clear that our intervention made things better. The October 3, 1906 NYT provides a brief quote by a Major General Shafter (Ret.): "A hundred soldiers would be sufficient to seize and hold Cuba at the present time...The Cubans themselves realize this and will make no effort to offer resistance to the army of occupation. There are, however, some very wily natives among the contending Cuban forces, and they may be expected to hold out and be an uncertain quantity until assured that the American occupation is an occupation in fact.Hmmm....sounds all too familiar.
October 02, 2006
More on Farm Subsidies from the AJC
This installment takes on farmers who set up dummy companies and otherwise game the system to circumvent the cap on subsidy payments. Story here; don't read unless you have some anti-depressants handy.
September 28, 2006
Making a Libertarian
Arnold Kling on the making of a Libertarian: I travelled the route from Far Left to libertarian. I think that quite a few libertarians have travelled that route, and yet I cannot think of anyone who has gone the other direction. This leads me to suspect that:
September 26, 2006
Your federal tax dollars at work …
… fighting efforts to lower your state’s taxes and spending. The PBS show “NOW” on Friday did a hatchet job on donor Howie Rich and the efforts to limit state government spending in Montana and elsewhere through ballot initiatives. Though the show acknowledges that it’s perfectly legal for out-of-staters to donate funds to support initiative campaigns, and that Rich’s donations have been fully disclosed in states that require disclosure, “NOW” gave many minutes to opponents of those initiatives (they also interviewed one pro-initiative Montanan organizer, whom they put on the spot). The opponents – and the “NOW” reporter herself – insinuated that there’s something improper about non-disclosure in states that don’t require disclosure, and more generally something nefarious about a "wealthy New Yorker" funding such initiatives in pursuit of his “extreme” agenda. (The show also reports that some hired gatherers apparently faked a fair number of petition signatures in some states, which is bad, but that’s a guilt-by-association diversion from the funding issue.) But don’t take my word for it that “NOW” has an anti-spending-limit slant. View the video (takes about 20 minutes), or read this copy from the PBS website, and judge for yourself: The aim is to slash state spending, with the potential for deep cuts in health care, education, and other social services. But are these local initiatives really "home" grown? This week, NOW investigates how organizations associated with one wealthy New Yorker, Howard Rich, are secretly providing major funding for ballot measures. In some states, those contributions have been matched by ones from Americans for Tax Reform, an anti-tax group headed by the politically well-connected Grover Norquist. Since 2001, Norquist visited the White House nearly 100 times, including six meetings with President Bush.
September 22, 2006
DDT: Some History
Steven Malloy offers an insightful history of DDT policy. Among the villains: the Audubon Society, EDF, the Sierra Club, William Ruckelshaus, and (of course) Rachel Carson. On the activist groups: "Business are often held liable and forced to pay monetary damages for defective products and false statements. Why shouldn't the National Audubon Society, Environmental Defense, Sierra Club and other anti-DDT activist groups be held liable for the harm caused by their recklessly defective activism?" Malloy might be a little hard on Carson, but he's spot-on with the rest. A charitable reading of Carson would include this sentence (Wikipedia entry for DDT): "Practical advice should be 'Spray as little as you possibly can' rather than 'Spray to the limit of your capacity.'" I did say, "A charitable reading."
September 21, 2006
On campaign contributions c. 1906
Another editorial from the September 21, 1906 NYT: We have been invited to send a dollar contribution to the Republican campaign fund that is being raised by popular subscription and to which President Roosevelt recently subscribed. We would like to have our dollar in such select company all right, but we've done all the contributing we intend to this year.
Party advice c. 1906
From the September 21, 1906 NYT: Recent events point to the belief that the Democratic nominee for 1908 must come from that section of the country wherein lies the voting strength of the party...it is well to cast about for an available standard bearer. Alabama has many favorite sons; so, too, have Mississippi, Tennessee, Georgia, North and South Carolina, Louisiana, and even Florida. Virginia has a score or more of very able men...So far, so good. Pull a candidate from, at the time, the heavily Democrat south. Yet the editorial closes with advice that is as sound today, suggesting that the South, and therefore the Democrat party, ...must now assert its independence, cast out demagogues, blatherskites, wild-eyed visionaries, who would use the organization to advance selfish interests... I like the word blatherskites ("A babbling, foolish person"). Clearly, neither of the major parties has fully asserted its independence from such folks. Does this mean that parties are, by definition, comprised of blatherskites and demagogues, and there is no reason for parties to change in nature? Or is it that successful parties are those populated with demagogues, and blatherskites (see, I love that word), that serve to lure the median voter? Many insist they want a third party, but of what kind? More of the same, yet different?
Choose Life Ohio.
The local fishwrapper reports Ohio motorists can keep buying "Choose Life" license plates now that abortion-rights advocates have dropped their lawsuit to block sales of the plates. The move came because the U.S. Supreme Court refused to hear an appeal of a decision upholding a similar program in Tennessee.
Given that the state has authorized dozens of other license plates expressing clear viewpoints (Breast Cancer Awareness, Celebrate Kids, Cleveland Browns (ugh!), National Rifle Association...), this seems to make sense to me. Of course, a
September 20, 2006
Will the Democrats Flip the House?
Slate's mathematician, Jordan Ellenberg, says the odds of a Democratic victory depend on the degree of correlation among races, but, "it's fair to say that the Democrats' chances of flipping the House are somewhere between 15 percent (the scenario in which the races are independent) and 50 percent (where the races are as correlated as possible)." Intrade quotes 56.5 as the price of "Republican Party to retain control," suggesting a probability around 43.5%. The Washington Stock Exchange places the probability that Republicans retain control at 69.0%.
September 18, 2006
Is the solution the problem?
This article at the Chronicle of Higher Education describes a proposal in the Senate to provide funds that "would help states collect data on individual students from pre-kindergarten through the baccalaureate level. Officials and researchers could use the information to examine retention and graduation rates of college students..." How this will not lead to a single nation-wide database of students, as students and their families move from one state to another, is not discussed. There is substantial opposition to the proposal, but not necessarily from the folks you would expect. However, consider the following phrase from the article: Meanwhile, momentum has been building in the Senate this year for a bill to help improve the country's global economic competitiveness...What "bill" (that has a chance in Hades of passing) will improve our global economic competitiveness?
September 15, 2006
The Elephant in the Room
Regular readers of this blog would likely be interested in Ryan Sager's new book, The Elephant in the Room, analyzing what the future holds for the long-standing coalition of libertarians and traditionalist conservatives that have made Republicans the majority party in America. I haven't read it yet, but Ryan, a rising libertarian star, is a bright young guy and an extremely good writer, so at an absolute minimum I'd expect a pithy, fun read. Excerpts suggest to me it will deliver more than that.
September 14, 2006
9/11 Crackpots
Brad and I have both commented on folks who think the government was involved in destroying the WTC or had advance knowledge of the attack. Andrew Samwick has a post on conspiracy theorists and includes links to some sites debunking the bunk. He also has this excerpt from an editon of CNN's "Reliable Sources": [Program Host] KURTZ: I want to put up some pretty eye-opening poll figures from a Scripps Howard survey about 9/11 conspiracies. Thirty-six percent of those surveyed suspect the U.S. promoted or acquiesced in the 9/11 attacks; 16 percent believe explosives, not airplanes, toppled the World Trade Center; 12 percent believe it was a cruise missile that hit the Pentagon.] Incredible--this is probably another reason to think that too many people vote not too few.
September 11, 2006
Washington Stock Exchange is Now Active: Check it Out
Be sure to check out the Washington Stock Exchange, which went live today. In addition to being fun and hopefully leading us to good political forecasting, my guess is that an enterprising professor can find ways to use it as a good teaching tool in politics or economics.
9/11 Lunacy
I've been watching some C-Span this morning. I've watched about an hour of call ins, and at least 8 callers have called to claim that 9/11 was a plot by the U.S. government. Even allowing for the cranks and kooks to call in in disproportionate numbers, I find it incredibly disturbing how many people believe this nonsense.
9/11 Lunacy
I've been watching some C-Span this morning. I've watched about an hour of call ins, and at least 8 callers have called to claim that 9/11 was a plot by the U.S. government. Even allowing for the cranks and kooks to call in in disproportionate numbers, I find it incredibly disturbing how many people believe this nonsense.
September 09, 2006
On Government c. 1906
From the September 9, 1906 NYT: As it was in times past most marked in the minds of ignorant but eager savages, so now it is to be found among our contemporaries who unite a modest range of information with considerable mental movement... toward the personification of the...State, or the Government. In reality the Government...is an agency chosen through more or less clumsy or complex methods, by the portion of the residents of a country possessing votes, to attend to the common business which it is not convenient or practicable for private persons to attend to. Being an agency, it is necessarily composed of agents, organized with various duties and powers, intrusted to them for terms usually short, tenure being uncertain and changes frequent. In itself the Government is not at all a person, with the unity and completeness of a person. it is not even an "artificial person," like a corporation, with definite obligations that can be enforced in the courts. It is a fluctuating body of individual agents, with varying abilities, notions, purposes, tendencies, according as the electorate may itself vary.
Vote Buying Pols
To borrow (with slight modification) a phrase from Tim, I realize that highlighting vote buying politicians is about as revelatory as realizing that the Pope is Catholic, but here goes. Some excerpts from an article in The Hill (with a HT to the Club for Growth): The data, culled from The Hill’s analysis of 1,810 projects in the pending Labor-HHS-Education appropriations measure, reveal a system in which earmarks are distributed first to appropriators then to vulnerable incumbents and finally to rank-and-file lawmakers. “We’re playing a game of politics over need and that’s why the whole earmark system needs to be blown up. Blown up and rebuilt,” said Keith Ashdown, vice president for policy at the government watchdog group Taxpayers for Common Sense. In the Labor-HHS-Education bill for fiscal year 2007, more than $146 million in hometown projects is reserved for appropriators’ districts, placing roughly 30 percent of the earmarked money in the hands of 15 percent of the House members. If passed as written, the average appropriator’s district would get $2.25 million compared with averages of $1.35 million for the districts of 43 politically vulnerable lawmakers who are not appropriators and $663,000 for districts that are neither competitive nor represented by an appropriator. The eight endangered appropriators – Northup, Reps. Don Sherwood (R-Pa.), Jim Walsh (R-N.Y.), Charles Taylor (R-N.C.), John Doolittle (R-Calif.), John Sweeney (R-N.Y.), Chet Edwards (D-Texas) and Alan Mollohan (D-W.Va.) – average $2.76 million per district. Figures in this story are based on the 1,712 projects representing $472 million that could be tracked to entities, such as colleges or hospitals in one district. It is impossible to know —without benefit of the Appropriations Committee’s publicly financed tracking system exactly who sought which earmarks. The Labor-HHS-Education measure is just one of the House’s dozen annual appropriations bills, but it provides a glimpse into how power and electoral strategy influence the expenditure of public money. Labor-HHS-Education Appropriations Subcommittee Chairman Ralph Regula, the bill’s chief draftsman, set aside millions for his northeast Ohio’s Canton-based 16th District. Thirty-nine earmarks totaling $10 million dollars are headed to Regula’s district, nearly 30 percent of the $34 million haul for Ohio. Regula also may have been active in securing money for Democratic Rep. Stephanie Tubbs Jones’s 11th District in nearby Cleveland, which houses Case Western Reserve University’s National Center for Regenerative Medicine and other institutions important to the region they share. In Cincinnati, where Rep. Steve Chabot is trying to fend off a challenge from Democratic City Councilman John Cranley, the arts community will receive a $1 million boost out of the 1st District’s total of $2.5 million in Labor-HHS-Education earmarks. The rest will go to educational and medical initiatives. Republican Reps. Taylor and Patrick McHenry represent neighboring districts in North Carolina. The bill gives McHenry, a freshman who won with nearly two-thirds of the vote in 2004, $650,000. Taylor, an appropriator who is up against local football legend Heath Shuler, landed more than $3 million for his district.
September 08, 2006
In Honor of McCain-Feingold
I was in class this morning so Brad’s post on McCain-Feingold beat me to the punch. As Brad noted, we are now within 60 days of an election and certain forms of political advertising are now prohibited. I understand and appreciate Brad’s explanation of the logic of the Supreme Court’s finding that McCain-Feingold is constitutional, but it sure seems like piling one lousy decision on top of another. After all the First Amendment says, “Congress shall make no law … abridging the freedom of speech ….” That shouldn't be so difficult to understand. So, as my little protest of McCain-Feingold’s infringement of liberty, I am going to criticize my Representative Phil Gingrey. Gingrey voted for the massive Medicare pills expansions, he’s pretty weak on pork (voting for only 8 of the 19 “Flake Amendments” (pdf; scroll down) to cut pork barrel spending projects), and he scores a mediocre 62 on the Club for Growth’s House Scorecard. In short, he's no great friend to the taxpayer and no big fan of small government. In fairness, he has been clearly preferable to any of the candidates who have run against him. His first opponent, Roger Kahn, was especially pathetic. For more on the abomination that is McCain-Feingold see this post at the Club for Growth.
Shut Up! - McCain-Feingold Ban Kicks In Today
Today the McCain-Feingold ban on certain broadcast ads run within 60 days of an election kicks in. From now through election day, it will be illegal for non-profit citizens' groups - from the ACLU to the Chamber of Commerce; from the Sierra Club to the AFL-CIO; from the NRA to Handgun Control, Inc.; from Planned Parenthood to Right to Life - to run most ads that even mention a federal officeholder. Read on... Read More »
September 07, 2006
The MEAL Act
This Act may be cited as the `Menu Education and Labeling Act' or the `MEAL Act'. You might ask how/why I would know about the MEAL Act. Good question. It is because the Center for Science in the Public Interest is gunning for your lattes.
Let's change course! Wait, no, just kidding!
I realize that highlighting politician hypocrisy is about as revelatory as realizing that the Pope is Catholic, but here goes. On NPR this morning, they reported on the attempt yesterday to have a vote of no confidence in Rummy. Apparently, though, he's doin' a heck of a job because the attempt was quashed. One of the lines the Democrats used (sorry, I can't find a link to a direct quote) was that "staying the course [in Iraq] is not a strategy for success." Which got me to thinking of other situations where a change of course was or has been suggested: --school choice Which political party more likely always wants to "stay the course" and continue these dreadful policies? In fact, I can remember Democrats saying exactly that regarding the Social Security debate a few years back. "We don't need to change, the system is working..." which anyone who has ever tried to balance a Trivial Pursuit pie piece on its tip knows is ridiculous.
September 05, 2006
On "The Plan" c. 1906
The last of what I found interesting in the Sept. 5, 1906 NYT was an editorial excoriating Democratic Nominee for President William Jennings Bryan's proposal that state and federal governments take over the private rail network in the United States (seems like an Atlas Shrugged type of proposal): Mr. Bryan is wasting his time, and wasting the time of the public and of the Democrat Party. His advocacy of an eight-hour day for labor does not interest the country. Everybody knew, or could have guessed, his views upon labor issues. The thoughts he has expressed about international arbitration and universal peace are as old as the hills. But his plan for the transfer of all the railroads in the country to the Federal and State Governments is new, yet he does not explain how the momentous change is to be brought about, presents no plan even in outline, tells us nothing about it, in fact, save that it ought to be done... Substitute your favorite government power grab - be it retirement plans, nationalized health care, or whatever - fiddle with a few politician and party names and we have the same criticism (of both parties) today. When he [Bryan] accepted the Democratic nomination to the Presidency ten years ago and began to advocate the free, unlimited, and independent coinage of silver at the ratio of 16 to 1, his writings and his speeches abounded in detail and explanation. He told the country precisely what he meant. Everybody understood that under the coinage laws as he would shape them a man having 100 ounces of silver could take the metal to the United States Mint and get it coined into 129 silver dollars. As silver could at the time be bought in the open market for about 67 cents an ounce, every mind could grasp in an instant the meaning and scope of the change proposed by Mr. Bryan in our financial policy and currency laws. His supporters could understand him, his opponents could get at him...And this is as it should be. Politicians who want to spend the public's money and want to fundamentally alter the way individuals live their lives, unintended consequences and all, should provide full information. My criterion: if the proposal is too complicated to convey during a thirty minute infomercial, then the proposal should be dropped. Heck, it is possible to show all the benefits of the Ab Crusher 5000 and the Salad Shooter during the same amount of time. Mr. Bryan now asks the Democratic Party to accept him upon a platform of Government ownership and operation of railroads, but he does not even in a general way tell us how the Federal and State Governments are to come into possession of the thirteen billions' worth of railroad property now privately owned. Absurdities are not infrequent in politics, and electorates sometimes behave as if they were deprived of reason and without foresight. But there is a limit...Are we once again reaching that limit today? I wonder. The undertaking he advocates is so gigantic that the unaided imagination cannot supply the missing details. Nobody except Mr. Bryan could present a working plan for carrying this policy into effect that would not be at once destroyed by the fire of criticism... In my opinion, this editorial could be written in ad lib (mad lib?)fashion today and be almost as poignant; just fill in the blank of politician, party, and proposal and the wording would be as germane today. The lack of a "plan" is a political convenience that we as an electorate allow politicians to get away with. We should demand clear language and specific plans on whatever it is the politicians propose to do with our tax dollars, let's say (for giggles): Social Security, Medicare, Medicaid, Natural Disaster "Relief," Nationalized Health Care, Immigration "Reform," Education "Reform," and National Security. This list alone would likely make the average voter's head explode - but isn't that in itself an indication of the problem? Yet we know that the specific proposals are not forthcoming, because to do so would alienate/disgust voters to the extent that numerous (most?) political careers would crash and burn on "both sides of the aisle." Not being a scholar of political science, I wonder if the lack of a plan is "justified," in the minds of politicians, by what happened to Bryan in the 1896 election (assuming the story is true)? On the other hand, perhaps there simply is no plan, period. Which possibility is worse?
Legislative proposals c. 1906
The September 5, 1906 NYT also includes a tongue-in-cheek checklist for national legislation as offered by the Louisville Courier-Journal, some of which might be a better use of Congressional time even today:
#1 might still find support amongst the temperance groups but would be opposed by the mint farmers on national security reasons and also because without mint juleps they would need federal subsidies. Bourbon distillers might also be concerned but would not be allowed to participate in the debate for fear that they would write the legislation. #2 could be opposed by natural language folks and early education types and on first amendment grounds. #3 would be opposed by net neutrality folks and those who like to read the end of a fiction novel first. #4 and #5 could easily be opposed on church and state grounds but #4 might be supported by the Parent's Television Council. #6 is largely immaterial due to technological changes but could be opposed on first amendment grounds and a separation of powers argument.
What's in a name c. 1906
From the September 5, 1906 NYT: LITTLE ROCK, Ark - Additional returns from yesterday's State election show that the Democrats will have a thirty-four out of thirty-five members of the State Senate and 95 out of 100 members of the House, assuring the election of Gov. Jeff Davis, Democrat nominee, as United States Senator...Chances of a Democrat or Republican named Jefferson "Jeff" Davis being elected to the U.S. Senate in 2006? Anyone?
Blackwell-Strickland Debate
Watched the first Blackwell-Strickland debate on Ohio News Network. Bob Lawson's old Shawnee State colleague Ted Strickland, for his part, probably did the minimum he needed to do. He said some dumb things - see below - Read More »
Mexican Election
MEXICO CITY, Mexico (AP) -- Felipe Calderon became president-elect of Mexico on Tuesday, two months after a disputed election, when the nation's top electoral court voted unanimously to reject allegations of fraud and certify his narrow victory. His leftist rival, Andres Manuel Lopez Obrador, had said he would not recognize the ruling. How does one say Sore-Loserman in Spanish?
September 02, 2006
Security searches c. 1906
From the September 2, 1906 NYT: MOSCOW - A huge pumpkin carried by a man garbed as a country-man to-day attracted the attention of the police in the market here by its excessive weight and induced them to make an investigation with the result that it was found to be filled with cartridges.
September 01, 2006
Rationally Irrational Politicians?
My brother in Savannah informs me that yesterday, the day that Ernesto was predicted to possibly, maybe, hit Savannah with estimated 40mph winds and 4 inches of rain, Savannah closed its schools: The threat of Tropical Storm Ernesto downgraded to a tropical depression overnight Wednesday, nevertheless canceled classes today for Savannah-Chatham County Public Schools. More evidence that in the post-Katrina world the expected marginal-cost to the politicians/buerucrats of not acting in a time of "emergency" has increased?
California dreamin'
"No man's life, liberty, or property is safe while the legislature is in session." According to the pundits, Gov. Schwarzenegger is expected to sign the global-warming and minimum-wage bills, but veto the socialized-medicine and Wal-Mart bills. (For more on conservatives' disappointment with the Governor's performance, see Shikha Dalmia in the Wall Street Journal and Steven Greenhut in the OC Register.) And, if that's not enough economic illiteracy for one post, I will point out that in November Californians will have the opportunity to vote on Proposition 87 -- a measure that would raise taxes on California oil production. The thinking is that it may pass because voters are angry about high gasoline prices. If you're wondering why people would think that increasing taxes on a product would help lower its price, rest assured that (according to the California AG's description of the proposition) it "[p]rohibits producers from passing tax to consumers."
August 30, 2006
Wal-Mart round-up
Robert Samuelson invites Congressional Democrats to put-up-or-shut-up regarding Wal-Mart: "Congress should just buy the company and then legislate good behavior. Wal-Mart executives 'talk about paying [workers] $10 an hour,' Sen. Joseph Biden told a rally in Iowa, according to the Times. 'How can you live a middle-class life on that?' "Well, if $10 is too little, the government could order the Department of Wal-Mart to pay more. How about $15 or $20? Similarly, if Wal-Mart's health insurance is inadequate, Congress could command more coverage." Other recent defenses of the company include Rich Lowry and Jonah Goldberg on NRO; and Michael Strong on Tech Central Station. Strong roughly estimates that Wal-Mart may be "single-handedly responsible for bringing about 38,000 people out of poverty in China each month, about 460,000 per year." (Just after I posted this, I noticed that Frank had already highlighted Strong's article. This additional nod shouldn't hurt, though.) Update: One more -- Richard Vedder and Bryan O'Keefe in The Washington Times: "Take Mr. Biden's comments. Contrary to his claims, there is enormous economic evidence that Wal-Mart's has helped poor and middle class consumers--in fact, more than anybody else. Our own data analysis shows Wal-Mart is concentrated primarily in smaller, rural counties with a per capita income far lower than other retailers, like Costco. And, unlike the picture painted by labor activists, when the Wal-Mart moves in, good things happen. Looking at 25 small towns where Wal-Mart opened stores in 2002, we found employment growth was much stronger in 'Wal-Mart communities' than in other areas. "Other academics have reached similar conclusions about Wal-Mart's positive effects for the poor and middle class. University of Missouri economist Emek Basker shows Wal-Mart's presence tends to lower prices by varying amounts, perhaps nearly 10 percent in the long run. "Respected Massachusetts Institute of Technology economist Jerry Hausman argues that consumer welfare gains are even larger than those estimated by Mr. Basker, probably in excess of 20 percent of sales." Here's some more good news: Vedder and O'Keefe have a book forthcoming from AEI, titled The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy.
August 29, 2006
The Duke Rape Case Fraud
Stuart Taylor has this excellent column at Slate, on the alleged - and it now appears almost certainly false - rape of a stripper by members of the Duke Lacrosse team. It's a story of dishonest, politically ambitious prosecutors; crooked cops bent on making the evidence fit the crime, ideologically driven academics, and mostly, the shameless, ideologically charged reporting of America's most influential newspaper. It's long, but well worth a read - a real life Bonfire of the Vanities.
Which "world issues," exactly?
I don't really know what this means, about CNN.com visitors or whatever, but the "QuickVote" on CNN.com's homepage has the following question: Who would win a debate on world issues between President Bush and Iranian President Ahmadinejad? Results as of 10:45am are Bush 36% 244 votes Apparently Iran's prez wants to debate W, "so Iran can voice its point of view on how to end world predicaments." I'll just take a stab at this, but I'm betting that, from Mahmoud's point of view, the primary way to end all the world's predicaments is to stiff-arm the residents of a certain Middle Eastern Jewish state into the Mediterranean.
August 27, 2006
On immigration c. 1906
From the August 27, 1906 NYT: There is considerable agitation at the present for the radical restriction of immigration, actuated, as freely admitted, by a desire to thwart the demoralizing influence of foreign labor in the commercial and manufacturing centres of the country....The permanent benefits derived by this country from foreign labor, foreign brains, and foreign capital, aside from the patriotic devotion displayed by foreign-born citizens of this country in times of peril, must certainly be fresh in the memory of those who now seek the exclusion of their brethren. To whom do you owe the Monitor, and can you soon forget the Irish Brigade at Fredericksburg?
August 25, 2006
Proudly coming in last
Whew, not a good week for my adopted home state of Louisiana. One story that you have probably heard, and two that you probably haven't. 1) Re-elected New Orleans mayor Ray Nagin, when asked why his city still hasn't been cleaned up (an Atlanta Fed publication says that 86% of debris caused by the storm on private property still remains) said "You guys in New York can’t get a hole in the ground fixed and it’s five years later. So let’s be fair." Which reminds me of just about every other time I've heard pleas for fairness in public debate. When all outcomes of a group are equal to the worst performing member of that group, it is labeled "fair." It's been my experience that comparing your position with others, instead of with a goal you set for yourself, usually is stifling. Instead of figuring out how to fix his city, Nagin finds a worse situation, points to it, which enables him to continue to sit around. 2) A white school bus driver in Coushatta made nine black children sit in the back of the bus, saying that the front of the bus was for white kids. I guess you can take solace in the fact that instances like this are so rare that, when they do happen, they make the news. Wonder if the driver has a Confederate flag flying at home. I know, I know, the South didn't fight to keep slavery. State's rights and such, yup. And Al Qaeda hates us because we have troops in Saudi Arabia, not because we're not Muslims. 3) And, rounding out why you shouldn't want to move here (thanks, Baton Rouge pols!), Louisiana came in not 48th, not 49th, but dead last in a Forbes ranking of the best states for business. Virginia came in first. Too bad there isn't a hole in New York we can blame this on. Our neighbor, Texas, is number two on the list, so you'd think some spillover effects of good governance might occur, but I've noticed that Louisianans like corrupt politicians because it gives them something to laugh at. Like when you voted for the loser for prom king because you wanted to laugh at me! er, I mean him.
Eating Crow c. 1906
From the August 25, 1906 NYT: Judge James Nixon of the Americus City Court and a former member of the Georgia Legislature ate broiled crow to-day to settle an election wager which he made with Judge Paschal. I wonder how the political discourse would change if we could go back to having our esteemed leaders literally eat crow.
August 24, 2006
Put US aircraft to better use
This looks to me like an improvement over current US policies in Iraq ...
August 18, 2006
Andrew Young's Trent Lott Moment?
Andrew Young's endorsement of Cynthia McKinney seemed a bit odd since Young has a reputation as something of a statesman rather than a rabble-rouser. Judging by comments in today's AJC, the McKinney endorsement does seem in keeping with Young's view of the world: In an interview published in Thursday's Los Angeles Sentinel, Young was asked to comment on whether he is concerned that Wal-Mart causes mom-and-pop stores to close. "Well, I think they should; they ran the 'mom and pop' stores out of my neighborhood," the Sentinel, a newspaper serving the African-American community, reported. "But you see, those are the people who have been overcharging us — selling us stale bread and bad meat and wilted vegetables. And they sold out and moved to Florida. I think they've ripped off our communities enough. First it was Jews, then it was Koreans and now it's Arabs; very few black people own these stores." Of course, it's likely that the left-of-mainstream media will mostly give Young a free pass (there doesn't appear to be anything on CNN.com as of this writing) unlike the treatment of Lott or the recent treatment of George Allen. All such comments are repugnant, not just the ones uttered by Republicans. ADDENDUM: An email from a friend reminds me that Young will definitely get some flak from the left-of-mainstream media--they'll go after him for saying something positive about Wal-Mart.
August 15, 2006
Welfare Reform Shell Game
The 1996 welfare reform is widely hailed as a success. Not so fast says Douglas Besharov in today's NYT: What about the other 50 percent of families who left welfare? Well, some mothers did not “need” welfare, perhaps because they were living with parents or a boyfriend, and some left because of intense pressure from caseworkers. More troubling, about a quarter of those who leave welfare return to the program, with many cycling in and out as they face temporary ups and downs. In addition, when they’re off welfare, some of these families survive only because they still receive government assistance — through food stamps (an average of more than $2,500), the Women, Infants and Children program (about $1,800 for infants and new mothers), Supplemental Security Income (an average of over $6,500), or housing aid (an average of $6,000). Their children also qualify for Medicaid. In reality, these families are still on welfare because they are still receiving benefits and not working — call it “welfare lite.” So, yes, welfare reform reduced welfare dependency, but not as much as suggested by the political rhetoric, and a great deal of dependency is now diffused and hidden within larger social welfare programs.
Why Voter Turnout is Too High
NEW YORK (Reuters) - Three quarters of Americans can correctly identify two of Snow White's seven dwarfs while only a quarter can name two Supreme Court Justices, according to a poll on pop culture released on Monday. Respondents were far more familiar with the Three Stooges -- Larry, Curly and Moe -- than the three branches of the U.S. government -- judicial, executive and legislative. Seventy-four percent identified the former, 42 percent the latter. Twice as many people (23 percent) were able to identify the most recent winner of the television talent show "American Idol," Taylor Hicks, as were able to name the Supreme Court Justice confirmed in January 2006, Samuel Alito (11 percent). It's taken as a given that not enough people vote; this is the reason for motor voter, extending polling hours, increased absentee voting, and the like. I'm a contrarian; I don't think we're well-served by having folks more familiar with American Idol than the U.S. Constitution voting on our life, liberty, and property. ADDENDUM: This CATO paper by Ilya Somin has more on voter ignorance.
August 10, 2006
An Inconvenient Hypocrite
From USA Today: Al Gore has spoken: The world must embrace a "carbon-neutral lifestyle." To do otherwise, he says, will result in a cataclysmic catastrophe. "Humanity is sitting on a ticking time bomb," warns the website for his film, An Inconvenient Truth. "We have just 10 years to avert a major catastrophe that could send our entire planet into a tailspin." Graciously, Gore tells consumers how to change their lives to curb their carbon-gobbling ways: Switch to compact fluorescent light bulbs, use a clothesline, drive a hybrid, use renewable energy, dramatically cut back on consumption. Better still, responsible global citizens can follow Gore's example, because, as he readily points out in his speeches, he lives a "carbon-neutral lifestyle." But if Al Gore is the world's role model for ecology, the planet is doomed. For someone who says the sky is falling, he does very little. He says he recycles and drives a hybrid. And he claims he uses renewable energy credits to offset the pollution he produces when using a private jet to promote his film. (In reality, Paramount Classics, the film's distributor, pays this.) Public records reveal that as Gore lectures Americans on excessive consumption, he and his wife Tipper live in two properties: a 10,000-square-foot, 20-room, eight-bathroom home in Nashville, and a 4,000-square-foot home in Arlington, Va. (He also has a third home in Carthage, Tenn.) For someone rallying the planet to pursue a path of extreme personal sacrifice, Gore requires little from himself.
August 07, 2006
This Year's Minimum Wage Politics
Last week Senate Democrats successfully filibustered the "Trifecta" bill favored by Republicans. If you're the average American, you're wondering what the heck the "Trifecta" bill was. Well, it has nothing to do with horse racing. Rather, it was an attempt to package together an increase in the minimum wage with estate tax reduction and the extension of several other tax breaks, including deductability of state sales tax on federal income tax, and some business tax breaks, that will otherwise expire in the near future. Republicans adopted the "Trifecta" package as a way to force the tax extenders and estate tax reduction past a Democratic filibuster, by tying it to a minimum wage increase, which the Republican leadership is under great pressure to pass anyway. The GOP theory was that it was a no-lose situation - either they'd get the tax breaks at an acceptable cost of getting the minimum wage monkey off their backs, or that they could label the Democrats as "obstructionist," and accuse them of voting against a minimum wage increase. This is one of those typical Republican moves that is probably too cute to work in the short term, and counterproductive in the long term. The problem here is that most Americans tend to support raising the minimum wage. Republicans understand that doing so merely robs Peter to pay Paul. I'm not sure that the American public doesn't understand this too - I have no idea how many people grasp the notion that minimum wage increases can hurt overall employment for example - but even if they do most Americans seem to think that low wage worker Paul is more deserving even if Peter is already an unemployed worker at the bottom of the economic latter. For Republicans to make the "obstructionist" label work, they have to convince voters that Democrats are to blame. One way to do that is to announce that Republicans favor a higher minimum wage. But then, so do Democrats. So if that is really true, Republicans are the obstructionists for linking a higher minimum wage, which both they and Democrats want, to something else. Option B is to announce that Republicans oppose the minimum wage increase, but were willing to compromise with Democrats - "we'll give you something, you give us something." That's reasonable, and if people are really as fed up with partisanship as some claim, it's not a bad argument. Indeed, that really was the offer. But I doubt very much that Republicans will make that argument, because they sense that the public likes minimum wage hikes. The end result, then, is that the Republicans, instead of arguing that tax cuts are good, will be out on the campaign trail arguing that minimum wage hikes are good, and the Democrats refused to pass one. But that won't make the "obstructionist" label stick to Democrats. Democrats will just announce that they favor minimum wage increases too, but not at the cost of "tax cuts for the rich." Meanwhile, voters just won't believe the Republican spin - everyone knows it's Democrats who want to raise the minimum wage. And it means Republicans will be arguing exactly the wrong thing: the wrong thing to fire up their base; the wrong thing to reach out to growth-minded independents and Democrats; and the wrong thing to educate the public in the long-term on the benefits of limited government. And Republicans must educate the public on the benefits of limited government if they are to win elections down the road. After all, that is the philosophy that Republicans stand for in the public mind, the philosophy that most Republicans are most comfortable running on, and the philosophy on which Republicans hold a competitive advantage over the Democrats in the mind of the electorate. Cross posted at Redstate.
August 03, 2006
Military blunder c. 1906?
I have only a passing knowledge of the history of the submarine. This little tidbit is a new one to me, so I wonder if the French had taken advantage of this offer if the German capabilities would have been comparatively less about eight years later: KIEL - A submarine boat constructed by an engineer name Mont Justin at Krupp's Germania Works was launched to-day. The trials will take place in September.
August 02, 2006
Send flowers to Havana
As he becomes more and more like Dr. Laura every day, Sean Hannity on his radio show yesterday said that he hopes Fidel Castro's latest illness is fatal. Does anyone remember, before the 2000 election, when Hannity was relatively sane? When he would actually ask liberal guests or callers intelligent questions? Now, his critiques consist of avoiding questions, calling those who disagree "big libs," and doing Clinton and Ted Kennedy impressions. But, let not your hearts be troubled. Even though Castro is sick, we know that he has the best possible chance for survival. As we've been told for decades, the only humane system of health care is one that is universal, one which the government oversees. Of course, Cuba is near the top of the list of countries that provide all of their citizens free health care, so Castro couldn't be in a better place. It's really amazing that more high-level diplomats, politicians, and celebrities in other countries don't go to Cuba when in a dire medical emergency.
August 01, 2006
Setting the bar high c. 1906
From the Aug. 1, 1906 NYT concerning the recruitment of Federal Meat Inspectors, precipitated by federal legislation rather hastily passed after Upton Sinclair's The Jungle was published earlier in the year: It may be no easy matter to get the 500 inspectors required by the Department of Agriculture to carry out the provisions of the meat inspection law. Only eight out of every hundred of those taking the civil service examination so far have passed.
July 31, 2006
Socialism debated c. 1906
In an editorial from the July 31, 1906 NYT: [D]elegate Reid made this contribution to the debate: Little(?) did Mr. Reid realize that within twenty years Socialism and Socialists would act decisively and would most assuredly abuse themselves along with everyone who stood in their way. The writer goes on to define a Socialist in the following way: Mr. Reid might have added that every man who loathes work and wants the State to support him has the primary qualification of a Socialist; that all who covet their neighbor's property are on the high road that leads to the temple of Socialism' that whoso is destitute of a backbone and so lacks the self-reliance which that important articulation imparts to its possessors is by predisposition a Socialist; that all who are envious of the accumulations of industry and capacity and are forever railing at capital would find themselves quite at home in a Socialistic meeting place. Amen, brother.
July 25, 2006
Lies, D@#$ Lies, and Statistics
July 23, 2006
Immigration Reform c. 1906
From a letter to the editor in the July 23, 1906 NYT: [t]here seems to be no occasion whatever for the enactment of any additional restrictive immigration laws. The existing law is restrictive enough. It very properly prohibits the landing of criminals, dependents, habitual paupers, women of bad character, those afflicted with contagious or other incurable diseases, and other undesirable classes of immigrants. It does all in the way of selection that should be done, and is even more restrictive than it should be. It seems, if any legislation is needed, it would be a modification of existing law rather than its amplification. That sounds familiar.
July 13, 2006
"Age of the Empirical"
I expect that this article by John McGinnis (Northwestern U. law school) in the current Policy Review will warm the hearts of most, if not all, loyal readers of this blog. Here's the abstract: "This brief essay argues that that the trend to empiricism in the social sciences is a long run force for consensus in a democratic society. Because of the continuing computer revolution, this trend will become only more powerful in the future. Thus, although many pundits suggest we live in an intensely partisan age, the essay suggests that powerful forces will restrain partisanship and constrain even interest groups to focus on what works to achieve broadly shared objectives, like economic prosperity and improved education. The essay offers some examples of how empiricism has helped foster consensus in the past. The essay discusses how the rise of blogs and information markets help reinforce a culture of empiricism. It ends with suggestions about how public policy can support empiricism and thus itself promote consensus."
July 11, 2006
Politicians + Ignorance = Bad Policy
Perhaps the Ignorance term is superfluous? This has been floating around for a few days, but no one else on DOL has mentioned it. Last week Ted Stephens, senator from Alaska, gave a speech explaining why he was voting against the then-pending net neutrality legislation. In that speech he gave what is likely to become a legendary explanation of what the Internet is - can someone cross check with Al Gore?: I just the other day got, an Internet was sent by my staff at 10 o'clock in the morning on Friday and I just got it yesterday. Why?A longer version of this blather is available at wired.com. Perhaps Sen. Stephens is technically correct in that the Internet backbone is comprised of fiber-optic cables, and so forth. However, the rambling suggests that he has only a faint idea of what is going on with the Internet - it's not a truck? Now, I am not sure where I come down on the net neutrality issue, and I am not even sure I understand it all. It sounds like there is a conflict between the "common carrier" notion of the Internet service provider and the ISPs desire/ability to price discriminate across end-users or intermediate good providers such as Google Gmail, etc. Perhaps the issue is more complicated. And while it is not difficult to understand the government wanting/itching to get its hands on the net even more than it has thus far - even while the net is a grand example of how things can work with limited government intervention - with folks like Ted Stephens (with such deep understanding of the issue) writing/passing legislation, perhaps it is best to leave well enough alone. Moreover, perhaps we should seriously reconsider the capabilities of our elected officials. Here are some humorous comments about Sen. Stephens comments.
July 09, 2006
Congressional Politics roundup
1. Former House Speaker Tom DeLay is still the GOP candidate on the November ballot for his old district in Texas. DeLay established residence in Virginia in an attempt to disqualify himself for the ballot. (Article I Section 2: "No person shall be a Representative ... who shall not, when elected, be an Inhabitant of the State in which he shall be chosen.") Texas Democrats sued, and a federal district judge ruled last Thursday that DeLay remains the on the ballot. Texas GOP is appealing the ruling to the 5th Circuit. The Democratic candidate is Nick Lampson, a former pol whose district was partially swallowed by DeLay's infamous 2003 gerrymander, which was recently upheld by SCOTUS. Saturday's Houston Chronicle ran a front page story in which DeLay hinted he might just run. 2. Meanwhile, the GOP's party infighting continues, largely over the Abramoff thing. Seems Dem's should be getting more traction out of this, but the current outlook for a change in party control isn't great. From the American-Statesman story. Nathan Gonzales, a political analyst for The Rothenberg Political Report, said Democrats are in position to gain eight to 12 of the 15 seats they need to win back control of the House, in states such as Pennsylvania, Ohio and Connecticut. 3. An old friend, Eric Schansberg, is running as the Libertarian candidate in a close race in southern Indiana. The incumbent is a freshman GOPer, and the DEM is the 2004 loser trying to get his old seat back. Eric is a full professor at Indiana-Southeast where he's won several teaching awards, an adjunct scholar at the Acton Institute, and the author of several books including, Legislate Justice Not Morality, and Poor Policy: How Government Harms the Poor (sort of a newer Losing Ground and a great supplement for an applied public finance course). Eric was getting his Ph.D. from Texas A&M at the time I was an undergrad there. Along with Edgar Browning, Eric was my main mentor in undergraduate. I took two classes from him, and we spent many an hour gulping IHOP coffee while debating politics, economics, religion, sports, you name it. Eric is one of the persons of highest integrity that I personally know, despite the fact that he's running for Congress! :-). Beneath the fold is an email from Eric announcing his bid. I wish him all the best. Read More »
July 04, 2006
Happy 230th birthday U.S.A.
Many insist that the U.S. is "too young" to understand how the world works. Perhaps, if the way the world works is to rely on various forms of authoritarianism. The system comprised by the Founding Fathers - ensuring, to the greatest extent ever tried, life, liberty, and the pursuit of happiness - has had an amazing track record in its short history. Sure, there are several demerits on the tally sheet of the U.S., but compared to the rest of the history of the world, it really isn't a stretch to suggest that no other system is its equal. I argue that it is our liberty which, in part, explains why many of the problems of the past are also the problems of the present. The moment we see many of the problems of yesterday solved by the government programs of today, take the pulse of liberty.
July 03, 2006
Political rhetoric c. 1906
File this in the "things don't change" drawer? From the July 3, 1906 NYT: In a statement made for the Democratic minority makes a comparison of the expenditures provided for by this Congress of $880,183,301, with the expenditures of 1898, the first year of President McKinley's Administration, when the figures were $528,735,079, a difference of $351,448,22. Commenting on this showing, he says:The level reported Federal expenditures reported in this story differs from numbers reported on previous days. Nevertheless, except for the words "protective tariff" and "trust combinations" this statement could easily have come from Sen. Reid or Boxer. What does this suggest? Perhaps the relative nature of the parties hasn't changed over the past 100 years. Perhaps government is always spending more and the party in charge spends it differently than the party not in charge. Therefore, the party not in charge has formulaic rhetoric to suggest that the spending by one is less effective than the spending that would have been determined by the other. Perhaps the majority of people have rather low opinions of Congress because the rhetoric hasn't changed in 100 years?
June 23, 2006
Right Diagnosis, Wrong Cure
In the recent Senate debate on increasing the minimum wage, Senator Kennedy sputtered: "Thirty thousand dollars we've increased our salaries, and nine years, we've refused to provide an increase [in the minimum wage] to the men and women who are working on the lowest rung of the economic ladder. That is obscene." He's right, but not about the need to increase the minimum wage. It is indeed obscene that Kennedy and his senatorial colleagues are running off with another $30k of taxpayer dollars. So I say cut Senate pay; don't increase the minimum wage. Greg Mankiw, whose relatively new blog is high on my reading list, has some "convincingly" good fun with Clinton hack Gene Sperling's take on the minimum wage. He also quotes Krugman on the minimum wage's job-killing effects.
June 16, 2006
Libertarian Professors...
Comprehensive Listing of Libertarian Professors
June 13, 2006
Presidential campaigns. c. 1906
From the "things never change" file, the June 13, 1906 NYT (as well as the NYTs from several days earlier) report on the Democrat party's debate on who will run for president in 1908. The early straw polls and state party resolutions have W. J. Bryan in the lead with several other names being bandied about. From the June 13, 1906 NYT: My point is that it seems it has never been "too early" to start the next presidential cycle.
Presidential travel c. 1906
From the "things do change" file is this editorial comment from the June 13, 1906 NYT: There is nothing indirect or underhand in the way President Roosevelt takes to secure an annual appropriation for himself and his successors to meet expenses incurred in travelling....The travel for which this appropriation of $25,000 [$541,000 in 2005 CPI adjusted dollars] a year is asked is not that of a private gentleman, but that of the President and his special guests. While it cannot be said to be strictly necessary in the performance of specific duties imposed by law, it is, nevertheless, a public function, for the certain and substantial advantage of the whole people, tending to foster the spirit of nationality and to form in the mind and heart of the public that sense of personal knowledge of the head of the common Government which counts in the creation of intelligent patriotism. That was from the first two paragraphs. The world and the nation was arguably very different one hundred years ago, and the evidence lies in the language with which the editorial continues: The essence of the office of President is its National character. The President is the sole representative of all the people. His duty is to all and, in due proportion, to each. He is the one official of whom every citizen, no matter where he dwells, no matter to what party he belongs, or what his origin may be, can say: "He is mine." To see and hear this singular representative unquestionably deepens the sense of National unity, of solidarity, as nothing else can. If he makes his journeys as President, at the public expense, his public function is emphasized and its influence is made more definite. It seems to us almost too plain for argument that this change in our arrangements for the President is entirely proper.In many ways the editorial applies today, although there are a considerable number of people who adamantly refuse to admit that the current president (now or recent past) is/was their president. Perhaps the closest Pres. Bush came to the national unity/solidarity ideal was immediately after 9-11? If this is true, does this suggest that national unity is not inspired by a person or a party but by the very ideas that underlie the grand experiment? Something to think about.
John Derbyshire at NR writes about the war in Iraq, One reason I supported the initial attack, and the destruction of the Saddam regime, was that I hoped it would serve as an example, deliver a psychic shock to the whole region. It would have done, if we’d just rubbled the place then left. As it is, the shock value has all been frittered away. Far from being seen as a nation willing to act resolutely, a nation that knows how to punish our enemies, a nation that can smash one of those ramshackle Mideast despotisms with one blow from our mailed fist, a nation to be feared and respected, we are perceived as a soft and foolish nation, that squanders its victories and permits its mighty military power to be held to standoff by teenagers with homemade bombs—that lets crooks and bandits tie it down, Gulliver-like, with a thousand little threads of blackmail, trickery, lies, and petty violence. I agree a lot with this. But how naive is he? Sheesh. All along I was against the invasion--simply because I figured we'd get stuck there and would face massive unintended consequences. To be clear, I had no problem in principle with invading Iraq. They deserved it. My objections have always been prudential. It's a tired (and not entirely apt) comparison but it looks like we've gotten ourselves into another Vietnam. The military conflict is very different of course but the politics is very similar. Now that we're there, what do we do now? It looks like we can't win and heck we can't even define what it means to win. Meanwhile our troops bleed, we fritter away scarce resources, and back home we re-energize the radical "anti-war" left. [HT: Paul G.]
June 03, 2006
Nude Campaigning?
Ed recently posted on a particularly nasty bit of negative campaigning. I wonder if this item from today's Rome News-Tribune amounts to nude campaigning: Carlie Edna Steadman, 65, address listed as 1012 Avenue B, was arrested by Rome police Thursday evening on a misdemeanor public indecency charge. Callers had alerted authorities that Steadman had been sitting on her front porch in the nude, according to reports. She allegedly dressed herself and was taken to the Floyd County Jail, where she again stripped while in the booking room. Steadman is running as a Republican County Commission candidate against GOP incumbent John Mayes. Although some say there's no such thing as bad publicity, I think John Mayes's re-election just got a bit easier.
June 02, 2006
Negative Political Ads
I'm never impressed/persuaded when (just about every election cycle) I hear/read that political advertising has reached a new low. But this one raised an eyebrow: If elected, my opponent will probably just die on you. That mailer from Modesto Republican and Assembly hopeful Bill Conrad -- suggesting his opponent and heart-transplant recipient Tom Berryhill might reject his new organ before serving out his term -- struck many observers as a new low in ``going negative.'' Story here.
May 31, 2006
Interesting visual
J-Walk blog has an interesting link to a data-to-visual site looking at the State of the Union speeches over time. Teddy Roosevelt and Calvin Coolidge used the words "should" and "ought" a lot, while Pres. Bush's SOTU speeches include a lot of instances of the word "applause"?
May 30, 2006
Kudos to the Capital CRs
Campaigns and Elections Magazine has just named Capital University College Republicans as one of the TOP 5 Republicans Clubs in the nation. The magazine ran an article that featured the best Republican and Democrat clubs in America, and the Capital CRs made the top 5 list! (Click here to see the article.)
May 23, 2006
On immigration patterns
I came across The Migration Information Source which has loads of immigration data for the U.S. and the rest of the world. One telling graph is one which compares net migration levels between the U.S. and other "select" countries. Not surprising, the U.S. strongly dominates other countries. I think the reasons for this are fairly obvious - both demand-side and supply-side influences combine to make the U.S. the choice destination of the world. The site also includes data on the percentage change in foreign born population from 1990 to 2000 by state. I threw those numbers into STATA and gathered the the economic freedom scores for the various states from The Fraser Institute (thanks Robert Larson of DOL). I calculated the average economic freedom score amongst the states from 1989 through 2000 and plotted percentage change in foreign-born population from 1990-2000 against the average economic freedom: What's going on? Perhaps, just as the U.S. likely attracts more immigrants because it is relatively more free compared to other countries, states attract foreign-born immigrants, in part, by differences in economic freedom. To formalize the relationship depicted above, I regressed percentage change in foreign born population on the average economic freedom of the state, average economic freedom squared, a BORDER variable that takes a value of one if the state shares a Mexican border, and a SOUTH variable that takes a value of one if the state was a member of the Confederacy. . reg perchange efiaveb efiaveb2 south border,r The results indicate the first-order effect of economic freedom on the percentage change in foreign-born population is positive but the second-order effect is negative. As anticipated, the SOUTH variable is positive and statistically significant but the BORDER variable is not (interesting). Perhaps economic freedom is positively correlated with economic opportunity, which would attract domestic and foreign immigrants alike. Perhaps economic freedom is negatively correlated with state and federal law enforcement which might correlate with illegal immigration - yet the data reflect legal immigration. Therefore, there are likely two positive influences of improved econoimc freedom on immigration rates. On the other hand, less economic freedom tends to correlate with less opportunity but with more government (welfare and enforcement). The reduced form results suggest that the attractiveness from more economic freedom/less government outweighs the attractiveness of less economic freedom/bigger government (although the relative magnitudes of enforcement and opporunity are not identified). My point is not to suggest making any particular state less free in order to dissuade immigrants from locating there. Rather that immigrants seem to be attracted more to opportunity states than welfare state(s). Whether increased foreign-born population correlates with reductions in economic freedom over time is actually an interesting question (anyone know of evidence testing this? My initial take below the fold). Read More »
May 22, 2006
Dean Smith Endorsement Kerfuffle
RALEIGH, N.C. — It had the makings of quite the endorsement: former North Carolina basketball coach Dean Smith cheering lawyer Rachel Lea Hunter on to victory in her race for a seat on the state Supreme Court. "As a loyal Democrat to another loyal Democrat. Win Rachel! Win!'" read the quote from Smith on Hunter's Web site, posted above a picture of the pair at last week's North Carolina Sports Hall of Fame banquet. Ms. Hunter does, however, appear quite skilled at legalistic hair-splitting: In a statement, she pointed out the Web site didn't specifically say Smith endorsed her. "The statement said that I had met Dean Smith. I did. ... I did not say that he endorsed me," she said.
May 12, 2006
Will on McCain's contradictory doctrine
George Will, perhaps channeling our fellow blogger Brad Smith, neatly summarizes the self-contradictory doctrine of Senator John McCain: Proof that incumbent politicians are highly susceptible to corruption is the fact that the government they control is shot through with it. Yet that government should be regarded as a disinterested arbiter, untainted by politics and therefore qualified to regulate the content, quantity and timing of speech in campaigns that determine who controls the government. In the language of McCain's Imus appearance, the government is very much not "clean," but it is so clean it can be trusted to regulate speech about itself. Hat tip: Sheldon Richman at Liberty and Power.
May 11, 2006
Government 101
Step 1: Create a problem. President Clinton issued an Executive Order June 12 extending the current moratorium on the leasing of oil drilling sites on the outer continental shelf of the United States to June 30, 2012. [Story.] Step 2: "Fix" a problem. WASHINGTON -- Scientists, inventors and entrepreneurs will be able to vie for a grand prize of $10 million, and smaller prizes reaching millions of dollars, under House-passed legislation to encourage research into hydrogen as an alternative fuel. [Story.] HT: Dave Reed.
May 10, 2006
Bush, Polls, and Gas Prices
Americans have a bleaker view of the country's direction than at any time in more than two decades, according to the latest New York Times/CBS News poll. Sharp disapproval of President Bush's handling of gasoline prices ... Just 13 percent approved of Mr. Bush's handling of rising gasoline prices. The poll might as well ask about how he handles gravity or the rotation of the earth--presdents don't "handle" gas prices. It is true that President Bush has muttered some dopey stuff about oil "addiction" and wants to kill more people by mandating smaller cars (i.e., hiking the CAFE standards), but I doubt this is what the 87% of people who disapprove of his "handling" of gas prices have in mind.
May 09, 2006
The Enemy
From the NYT today: "We've never had a more difficult melding of both houses' ideas," said Representative Bill Thomas, Republican of California and chairman of the House Ways and Means Committee. Made me think of the old joke: Two House Democrats, one senior and one a freshman, talking strategy in the hallway. A senior House Republican walks by, and the freshman say, mostly joking, "Uh oh, careful, there goes the enemy!" The senior Democrat immediately admonishes the tyro. "NO! No, now that's wrong. The Republicans are the opposition. The enemy...well, the enemy is the Senate." Genius or good luck, the inherent and Constitutionally created conflict between House and Senate frustrates people who want to "get things done" in government. For me, it seems like whenever those guys "get 'er done" it ends "doing" me, right up the doodie chute.
Must Love Dogs
"No man's life, liberty or property are safe while the legislature is in session," goes an old saying. But now and then a legislature does something right, even if it is only correcting something the legislature did before. The Florida legislature closed out its session last week by passing legislation allowing dogs to join their owners in outdoor seating at restaurants. The law had formerly prohibited their presence, even in these outdoor areas. Yeah! One thing I always liked about living in Ecuador many years ago was the ability to take my dog into restaurants. This is the kind of thing that really has little to do with public health, and that the market is perfectly good at regulating. This small step to increase freedom will make the lives of thousands of Floridians just a little bit more enjoyable. And note, too, that the legislature also did away with a per drink tax on alcoholic beverages, and named a state pie - the former being an objectively good thing, the latter a better use of time than many other things they could have done. They provided for voter registration at bait shops and gun shops, which for some reason the St. Pete Times doesn't like - presumably, the paper is all for easier registration, just not of gun toting, fishing yahoos. On bigger things, the legislature's record was mixed. But allowing dogs into restaurants - well, I'm thinking of moving south.
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May 08, 2006
2008--A Good Year for Libertarians?
Mike Munger's campaign announcement and Craig's comment on voting "L" instead of "R" and "D" remind me of something I've been thinking about over the past few months--Is 2008 a good opportunity for libertarians? (Perhaps I should make that capital L Libertarians.) The current dissatisfaction with the two ("state-run" as Mike deftly says in his declaration speech) parties--Dumb and Dumber--certainly suggests 2008 is an opportunity for a significant third-party vote to emerge. It seems to me, however, that there is little sentiment for smaller government and more liberty. Although there is outrage over some of the pork barrel projects (the ____ to nowhere projects), there seems to be little desire for smaller government. There is also little desire for a live and let live (die might be more appropriate) approach to issues* like smoking and obesity; instead there is strong support for the nanny-state. Unfortunate, I think the public mood is quite hostile to libertarian thought. I hope I'm wrong--comments are open. [*In a truly free society, smoking and obesity wouldn't even be considered "issues."] My analysis, of course, is not meant to discourage Mike Munger's candidacy for governor of my home state. Indeed, I'm so thrilled to see a Libertarian candidate who is not a nutjob and who might change the Star Trek convention reputation of the LP (the nutjob/Star Trek references are to this post by co-blogger Bob) that I'm making the first public pledge of a campaign contribution. Mike, just tell me where to send the check.
May 07, 2006
For what it's worth
Friends: I have chosen this forum, among friends, to announce my candidacy for the office of Governor of North Carolina, on the Libertarian Party ticket. The election is in 2008, but I need to get started NOW! This is NOT a solicitation for contributions, or help, or anything other than an announcement. Well...to be fair, it might very well be a warning that in fact I will soon be asking for contributions and help. But that is different from the asking itself. In answer to your questions: Here is a link to my speech at the NCLP state convention, May 6.
May 01, 2006
McCain: "I would rather have a clean government than one where quote First Amendment rights are being respected"
Yup, that's what Senator McCain actually said, last Friday on Imus. Here is the full quote: "[T]alking about campaign finance reform....I know that money corrupts....I would rather have a clean government than one where quote First Amendment rights are being respected, that has become corrupt. If I had my choice, I'd rather have the clean government." You can listen to the full exchange here. I wonder if he knows that, as President, he'll have to take an oath to protect and defend the Constitution. Anyway, at least he admits that McCain-Feingold hasn't worked: "we didn't complete the job."
April 27, 2006
Political Gasbags
Few topics seem to addle the collective brain of Washington like high gas prices. Politicians who raise this issue can generally be assumed to be partisan, cynical, demagogic, and dishonest. But one must not discount the possibility that something about the subject actually makes them stupid. Weisberg is spot on--at least for this part of his column. The standards for pols are appropriately low, but nothing brings out their foolishness like high gas prices.
April 24, 2006
Putting the Freedom in Free Enterprise
For years, liberals have urged corporations to be "socially responsible," meaning, "do what we want with your shareholders money." Over the past couple of decades, "socially responsible" mutual funds have become a popular option with TIAA/Cref and other bodies. Coupled with union pension funds, these institutional investors are becoming a growing force to push corporations to promote anti-market, pro-big government initiatives. Now, along comes the Free Enterprise Action Fund, which has, among its investment objectives, "promote the American system of free enterprise." The Fund made a splash in the Wall Street Journal last month when it showed up at the annual shareholders' meeting for Goldman Sachs, and took its CEO to task for indulging his pet environmental causes with shareholders money. They've also been whacking at BP, for devoting about $100 million to an ad campaign on the dangers of global warming, rather than spending the money to maintain its facilities. The Fund's investments are managed by Steve Milloy, publisher of the blog junkscience.com and author of Junk Science Judo. This is not investment advice. But if you're into the idea of investing for a cause, you may want to check it out.
April 19, 2006
The Income Tax Debate - Solidified in 1906?
As I mentioned earlier, in April 1906, Pres. Roosevelt had floated a proposed inheritance tax. This opinion from the Buffalo Evening Times, printed in the April 19, 1906 NYT, suggests that today's "sides" in the "debate" over the income tax were solidified long ago (so much for free will?): It [the tax] will not be indorsed (sic) by the leaders of the Republican Party, who are bent to the will of the multi-millionaire heads of the giant trusts. But the common people who are suffering in order that the trusts may accumulate more dishonest millions for their proprietors will regard it with favor.
More immigration opinion c. 1906
From the April 19, 1906 NYT: [T]he slightest knowledge of conditions at this port ought to convince anyone that the inspection service is hopelessly undermanned. The officers are working from twelve to fourteen hours a day, and are not able to keep near up with their task. Some sixteen thousand immigrant passengers slept aboard ship on Tuesday night awaiting attention; some of them had already been detained two days, and were not likely to pass for two more...It ought to be plain to Congress that the enforcement and administration of the present system should be made as perfect as possible before we proceed to change it, and especially before we extend it.
April 16, 2006
Immigration concerns c. 1906
From the April 17, 1906 NYT: Certainly the two facts here alluded to are of immense importance in connection with the question of immigration - the need of the country for increased population of the right sort and the marked, the marvelous advance in the character of the second generation after immigration. These are not the only facts to be considered, but they can never safely be forgotten in acting on the matter. Another point of extreme importance is the obvious necessity of enforcing thoroughly and intelligently the restrictions now placed on immigration before we proceed to increase them. Neither the amount nor kind of provision for enforcement is adequate. We should have a larger and better organized system of inspection at our ports, and we should extend that system more widely and make it more efficient abroad, before we undertake radically to change the conditions of admission to the country [emphasis added]. This falls in the "more things change" category, which is either reassuring - in the sense that if things haven't changed in 100 years, perhaps they don't need to change - or potentially troubling given the recent shift in geopolitics and the nature of war.
April 12, 2006
Missed Opportunity c. 1906
From the April 12, 1906 NYT: ALBANY - The Barber Board of Examiners is now but one stage removed from extinction. Only the Governor's approval of the Brackett bill legislating the commission out of office is needed. The measure passed the House to-day - 104 to 8.Of course, barbers & beauticians are still regulated - can't have unregulated manicures provided in the land of the free. Here's a list of the appropriate agencies in the various states. New York, specifically, still regulates barbers (of course!) in the guise of the " Division of Licensing Services." The first link from a search of "barber" at the NY Department of State yields the decision of the "DIVISION OF LICENSING SERVICES -against- DAVID RYLES" in which Mr. Ryles violated the law and was ordered to pay a $300 fine for hiring more than one apprentice in his barber shop. In an economy supposedly full of jobs Americans aren't willing to do, the irony of fining an employer for giving young budding barbers a job is sweet. Admittedly, it isn't clear whether the Barber Board was ultimately discontinued in 1906 and the bureaucrats and laws simply shifted to another part of the state government - similar to the "killing" of the Interstate Commerce Commission back in the mid 1990s. Future reports might confirm the "Barber Board is Dead!! Long live the Barber Board!!" but my cynical side recommends against holding one's breath. Was killing off Leviathan any easier one hundred years ago? Yet, it is the aggregation of missed opportunities such as this that, IMHO, contributes to a "culture of regulation" which eventually leads to a "culture of corruption," whether that is 1906 USA, 2006 USA, or 1984 USSR.
April 05, 2006
We've come a long way
From the April 6, 1906 NYT: PROVIDENCE, R.I., April 5 - The Woman's Suffrage bill, providing that women as well as men may participate in the election of Presidential Electors, was passed to-day by the Rhode Island State Senate, by a vote of 20 to 7. The Senate gallery was filled with women during the consideration of the measure.
April 04, 2006
The Market Saves the Homeland
I am at the APEE convention and this morning I attended a presentation by Veronique DeRugy. With an uncanny double threat of vigor and rigor (plus wit!), Veronique demonstrates the innumerable absurdities that emerge out of Homeland Security spending. From an email she sent me this afternoon, here are just a few examples: In 2004, DHS handed out about $153 million to programs offering food and shelter for the poor, a significant increase from the previous year’s budget. These examples and the great many that you can find in Veronique's articles, give the overall sense that the DHS is wasting valuable resources without making us any safer. Great stuff! I told Veronique after the session that she is the best argument for human cloning that I have ever seen. If only there were 100 more doing work like hers. I hope she is training her staffers at AEI to emulate her methods and enthusiasm. However, I also mentioned that it would be very beneficial to generalize from her work toward recommending reforms. Here is my idea for such. Generalizing from Veronique's work, we can point to systematic problems with the current system. First, the allocation of DHS resources is constrained/controlled by a congressional calculus, which results in politicized decisions where and how to spend. Second, local units approach DMH funding as a fiscal commons; this results in an overall greater DHS budget than otherwise and reinforces the misallocation problem. Third, as a consequence, DHS does not allocate resources to the highest valued uses—where security risks and potential losses are greatest, or where increased preparedness is most First, allocate an equal number of DHS bills to local first-responder agencies (municipalities, county governments, et al.) on a per-capita, per square mile, of population. Adjustments can be made for places like Las Vegas and Manhattan, where large numbers of people far in excess of resident population regularly gather. In fact, the allocation of dollars could even stick to the current congressional pork-barrel formula. As I'll argue, since the DHS bills would be tradable, the initial allocation doesn't matter to the argument. The key is that the Second, restrict DHS bills to projects that are related to security and response. Here we can implement a Buchanan-like filtering mechanism. For a project to be funded with DHS bills, it must be no more than some small number (2 or 3) of orders of separation from a known mechanism for increasing security or response. This will be a sticking point, and is the aspect of the system most vulnerable, especially to politicization. However, it is also the most crucial Third, allow local first-responder agencies (mayors, sheriffs, et al) to buy and sell DHS bills on an open market (e.g., Chicago Board of Trade). Now each local agency becomes a stakeholder in its own security and response. In fact, this forces local policymakers to evaluate the importance of security spending relative to non-security (e.g., pork barrel) spending. The mayor of a medium-sized city may perceive a moderate threat, such that $1 of security spending would be about as valuable to his or her community as $1 more in the general The system would have several significant improvements for our society compared to the current pork barrel system. First, Congress and DHS are happy because they can still play politics but don't have to do the risk-assessment themselves (a rare political win-win). Second, local policymakers have increased flexibility for making fiscal decisions that are truly valuable to their communities, whether as security or other types of public spending (local policymakers are also more accountable). Third, local agencies no longer have to jostle for position to get a teat at the DHS sow, which is another way of saying that rent seeking costs will be lower. Fourth, the global value of DHS will be reflected in the aggregate market value of DHS bills. If the average price of a $1 DHS bill exceeds $1, we know the Department is generally doing things right. If it's less than $1, this will be a strong signal for renewed vigor in congressional oversight (the Treasury Department could buy and sell DHS bills as well), which is another way of saying let's rein in them bureaucrats. Finally, and most importantly, tradable security bills would make sure that our resources are going to the greatest security and response needs—not to the kinds of things that infuriate Veronique's readers, but to real gains in national security. Should we give it a try? Let's work out the details. Comments...?
March 23, 2006
Lessons from Studying Abroad
One of my students is currently studying for a semester in England. He sent me an e-mail the other day and I quote here with permission. I've found that "liberal" can be a dirty word in Europe. The students here from Europe surely love their welfare states. I am trying to point out that the French and German versions are crumbling, but I'm not making much headway. Everything in general seems to be more politicized in general as well. Fair trade merchandise is everywhere; global warming talk (that takes global warming to be a presupposed bad) is a constant hum in the background, and I shouldn't dare to buy eggs from caged chickens in public lest I risk communal shame.
March 07, 2006
Politics c. 1906
An interesting tidbit from the March 7, 1906 NYT: FRANKFORT, KY - Representative Simmons of Kenton County today called attention to the fact that the original and all printed copies of his bill to suppress poolrooms have been stolen from the records of the State Senate.
March 04, 2006
Something to think about
I'm working my way through a few older books sitting on my shelf and came across this little gem, from Chapter 6 "Imperialism" in The Trouble with Marx by David McCord Wright (1967): Successful democracy is not just a matter of nose counting. One does not automatically save a nation by holding elections. For the political ballot technique to work with reasonable wisdom and success, the voters must have a whole set of attitudes and a knowledge of political history and experience that cannot be acquired overnight. The wealth and the democracy of Western Europe and the United States are, alike, the product of a thousand years of slowly maturing political experience. We can certainly help this knowledge develop if we pass on a realistic appraisal of our own. But it is no sign of exploitation, imperialism, or colonialism if primitive peoples are not instantly granted the economy, wealth, and self government, such as they are, of London, Paris or New York.
March 02, 2006
Act Now to Keep Internet Political Discussion Unregulated
Word is that H.R. 1606, the On Line Free Speech Act, will brought to the House for a vote next Thursday. This bill preserves an exemption for most internet communications - including group blogs such as this one - from regulation under the McCain-Feingold campaign finance bill. The exemption was originally adopted by the Federal Election Commission after McCain-Feingold passed four years ago, but last fall a federal judge, at Senator McCain's urging, held that this was an impermissible interpretation of the statute, and ordered the FEC to write new rules regulating the internet. So all H.R. 1606 attempts to do is preserve the status quo from efforts to regulate more (yeah, that's the problem with politics today - too many people blogging and sending emails around!). Last fall the bill came before the House and got a majority of the votes, 225-182, but because it was brought up under a special rule, it needed a two-thirds majority to pass. This time, a bare majority will do, the "reformers" are working overtime to kill it, with a variety of misrepresentations, as former FEC lawyer Allison Hayward notes here. If it passes the House, it looks good in the Senate - both Harry Reid and Bill Frist have endorsed it. This bill deserves the support of anyone and everyone who cares about free political speech on the web. But a major scare campaign is underway from the campaign finance "reform" community (to which I respond here). Congressmen and Senators need to hear from folks - especially here in Ohio. Last time out, six Ohio Republicans voted against the bill: Hobson, Schmitt, LaTourette, Turner, Regula and Gilmore. Only 35 Republicans voted no overall.
February 28, 2006
Port Controversy
A friend's comment on the ports kerfuffle: "Dick Cheney's behind this. The UAE company will be booted out, and Halliburton will take over."
February 24, 2006
FEC Showdown on Internet Regulation Set for March 16
The Federal Election Commission will take up proposed new rules to regulate political activity over the internet on March 16. This is an issue in which I have some interest. Typically, campaign finance "reformers" are dissembling - this post at Red State has links to the basic background you need if you want to understand what is at stake in this effort.
February 23, 2006
Dershowitz on Summers
From a Boston Globe opinion piece concerning Larry Summers: Summers could do no right in the eyes of his radical critics, who could never forgive him for his perceived original sins and who saw an opportunity to build wider coalitions every time Summers took actions that alienated other groups, as a president -- especially an activist and sometimes abrasive president -- will inevitably do. Some less ideological critics of Summers's leadership style then joined the radicals in a cacophony of strange bedfellows, but the core of the opposition always remained the hard left.
February 21, 2006
Harvard Faculty get their man
What a shame: HARVARD UNIVERSITY'S EMBATTLED PRESIDENT, Lawrence H. Summers, resigned this afternoon and will be replaced, on an interim basis, by Derek C. Bok, who was president of Harvard from 1970 to 1990. Mr. Bok would be expected to "clean up the mess and make conditions right for the next president," according to a senior professor with knowledge of the tumultuous events of today in Cambridge, Mass. The lesson to be learned? There are certain things that simply cannot be hypothesized.
Medical Schools: Conservatives Need Not Apply
Below is an excerpt of an email from a former student describing his interview for medical school at a highly-regarded East Coast university: Not a particularly friendly interview overall. The discussion transitioned to health care funding. I [the student] noted some severe inefficiencies of the current billing model and that changes must be made for the system to be sustainable. He [the interviewer--a physician] said that nationalized health care solved all those issues nicely, didn't I agree? I (probably winced a bit and) responded that though NHS did solve some funding issues it introduced many other problems and inefficiencies, as demostrated by various studies and also personal anecdotes from my recent 5 months work in London. He responded that Canada's system worked much better, with which I also differed. Trying to conclude, I said that the kind of federal intervention that was needed was standardization of electronic record formats, codes, security procedures, and so forth, and that in fact there is a presidential appointee (David Brailer) and commission working on those things at the moment. His response: "So do you think George Bush thinks?" Me: "Well, I think he's a rational individual, based on his principles and presuppositions, just like everybody else. And while I disagree with many of his decisions, I do agree that freedom and democracy are good." Him: "Maybe, but you can't force them on people. That will never work" Me: "Worked out pretty well with Japan, didn't it?" Him: "Good luck with your application, that will be all." I cannot understand what a question about whether George Bush thinks has to do with a student's fitness for medical school.
On lobbying and campaign finance reform
Steve Hoersting, Executive Director of the Center for Competitive Politics, and I have this piece up on National Review Online. We note that as part of "lobbying reform," Congress appears poised to place restrictions on "grassroots lobbying," i.e. "call your congressman" type stuff aimed at stimulating voter to legislator contact. We think this is exactly the wrong way to go. The op-ed is adopted from this longer primer released by the Center. By the way, the Center is a new 501(c)(3) organization; you'll see the website substantially upgraded soon. I've been a busy boy of late, also writing these three posts on campaign finance reform for the popular political blog Redstate. My basic argument: Republicans are stupid, and in their myopic desire to regulate George Soros funded "527" organizations they are a) shooting themselves in the foot, and b) squandering an opportunity to repeal at least portions of McCain-Feingold.
February 20, 2006
The Party Identification Project at Capital University
The College Republicans at Capital University have released the results of their Party Identification Project: An extensive study conducted by the Capital University College Republicans has revealed a large crevasse between the number of registered Democrats and Republicans within the university faculty. The organization found 72 percent of Capital University faculty and deans are Democrats and only 28 percent are Republicans. Link to Dan Klein's work on this issue.
February 15, 2006
Anti-Beijing Duck
Mallard Fillmore, the comic-strip duck I thought was a traditionalist conservative (he’s certainly a cultural conservative), declares himself to be a libertarian.
February 13, 2006
Alarming headlines c. 1906
From the Feb. 13, 1906 NYT:
Evidently there was the possibility of "an outbreak in China which will necessitate our armed intervention." However, there were concerns stateside that any intervention could be pulled off: "[t]he main difficulty of the War Department in making adequate preparation for such a campaign is a lack of money. The refusal of Congress to grant the $100,000 asked for by Secretary Taft...has left the department crippled."
February 11, 2006
McChesney on the Abramoff Scandal
Fred McChesney's take on the Abramoff scandal is a must read. A teaser: The real solution? Consider that both rent seeking and rent extraction are functions of the ability of government to create and extract rents. If governments did not arrogate to themselves the right to outlaw or regulate gambling, there would be no need for government lobbyists. There are no Jack Abramoff's needed to persuade government to allow you to open a grocery store, or me to start a law office. Why? Because, for the most part, government has no ability to stop us from doing so. If government did not have the ability to siphon off tribal revenues by taxation, lobbyists would have no work in that area, either.
February 09, 2006
Conspiracies and Elections
When I was young, and modern liberalism dominated American politics, I recall periodically running across voting conspiracy kooks, usually conservatives, who were absolutely convinced that American elections were rigged. This type never completely goes away, but their numbers can rise and fall. Of late, conspiracy theories about voting have been getting out of hand. A major problem is that a large element of the American political left has embarked on a campaign to convince Americans that their elections are fraudulently manipulated at the most fundamental level, and many people in positions of responsibility have been unwilling to throw water on the fire, thinking somehow that they can harness that energy for electoral victory. A good example of this left-wing election paranoia is found at a site called, sadly enough, The Brad Blog. This particular post was published shortly after November's election, when Ohio voters overwhelmingly rejected a package of four proposed amendments to the Ohio Constitution, placed on the ballot by a coalition of left wing called "Reform Ohio Now." Brad Blog (relying heavily on the "analysis" of Bob Fritrakis, a leftwing Columbus political gadfly for many years) finds obvious fraud in the fact that the results did not comport with - indeed were vastly different than - the results of the Columbus Dispatch mail poll, a poll which traditionally is quite accurate. Furthermore, notes Brad Blog, it was accurate with regard to a 5th issue on the ballot, a state bond issue. But as usual, there are in fact very average, normal reasons why the pre-election poll was so off the final results. The Dispatch poll (subscription required) was taken over a very long time, from Oct. 24 through Nov. 3, with election day falling several days further out, on November 8, always a potential problem. Other issues, identified by the Mystery Pollster Mark Blumenthal (a Democrat, for what it's worth), may also have contributed to the poor performance of the Dispatch poll. These include changes in the Dispatch methodolgy from past polls, including adding an "undecided" option; the fact that the Dispatch had not previously done an off-year poll featuring only ballot issues; the fact that the Dispatch poll itself showed support trending downward as its responses came closer to election day; a substantially lower response rate than in the past; the length of the ballot issues, which were not reproduced in full in the poll; and the fact that the Dispatch poll has always been least accurate at predicting statewide ballot issues. Now Democratic pollster Celinda Lake (Lake Research Partners) has released a report on why voters in Ohio (and California) rejected redistricting and other initiatives, and it should (but surely won't) put the final nails in this little leftist conspiracy theory. You can link to a pdf file of the Lake report here. Among other findings, Lake found that 75% of Ohio voters made up their minds close to election day (see Table 24), and 73% of them voted "no" on the redistricting reforms. Also, newspapers were the single most important source of information on the intiatives for Ohio voters, and especially for voters deciding in the last week (79%). This is relevant because eighty one of 104 Ohio newspaper editorials on the intitiatives urged a "no" vote. We are living in bizarre times, indeed, when so many people insist that, though there is no direct evidence of fraud, the fact that exit polls and pre-election polls did produce corresponding results conclusively demonstrates that the actual election day results are invalid. But as usual, and as we see in the Ohio vote, there is an easy explanation.
McCain, Obama & Me
To add a few thoughts to Frank Stephenson's comments on the big McCain-Obama flap... I've had minor contact with both the principles. Obama and I were in Law School together - he was a year behind me. Read More »
February 07, 2006
McCain vs. Obama
It looks like Barack Obama will be joining co-blogger Brad Smith in John McCain's doghouse. An excerpt from McCain's snarky letter to Obama: "I would like to apologize to you for assuming that your private assurances to me regarding your desire to cooperate in our efforts to negotiate bipartisan lobbying reform legislation were sincere. . . . "I'm embarrassed to admit that after all these years in politics I failed to interpret your previous assurances as typical rhetorical gloss . . . "I understand how important the opportunity to lead your party's effort to exploit this issue must seem to a freshman Senator, and I hold no hard feelings over your earlier disingenuousness." Perhaps an instance of a broken watch getting the right time twice a day?
February 06, 2006
Writers on the Take
Tom Giovanetti, President of the Institute for Policy Innovation, has a column up today at National Review Online which defends conservative and libertarian writers, including Doug Bandow and Peter Ferrera, for writing "pay for play" op-eds. I agree. In fact, I find the flap a bit ridiculous. These columns were, after all, op-eds. The authors made no pretense to being impartial - that's what "opinion/editorial" means. I recently wrote a column for the Ripon Society magazine because they called me up and asked, "will you write a column arguing that McCain-Feingold has not been successful? We'll pay you X." I've written many times for USA Today - they always call up and ask, "We're running an editorial that says Y. We need an opposition column. Would you be interested in writing a column taking Position Z." And they pay me to do it. Would it really be different if someone else called me up and offered to pay me to write an editorial saying McCain-Feingold was a failure, and they would try to place it in a magazine or on the op-ed page of USA Today? Giovanetti is right, I think. Bandow et al. were not posing as impartial researchers. And there is no evidence that they wrote anything they disagreed with. This is just another effort by the left to silence those on the right.
$7.2B vs. $2.7T
The AP reports on the proposed federal budget for the next year. In what is becoming a little too predictable, the federal government's overall spending increases while the Repubs claim they are fiscally responsible and the Dems claim people will be dying in the streets if proposed spending cuts or reduced increases are not met. From today's Star-Telegram: President Bush is sending Congress a $2.7 trillion spending plan that provides big increases for the military and homeland security but squeezes many other government programs in an effort to get soaring deficits under control....Even before the documents were released, Democrats were attacking the plan's call for $36 billion in Medicare cuts over five years. Senate Minority Leader Harry Reid, D-Nev., said that Bush's budget was "filled with pages of giveaways to special interests and cuts to those who can least afford it." And giving free drugs and health care to those over 62 years old isn't a giveaway to a special interest? Arguing over $36 billion over five years, when the government plans to spend $2.7 TRILLION!?!? The folks in Washington are fairly good politiicians, by definition, and therefore likely know how to spin the argument for their own benefit. Reid and his side can latch onto the supposed cuts in an entitlement program that seems, to this casual observer, more dangerous to my bank account than Social Security, and in the process terrify grandma and solidify votes. But the $36B over five years is chump change compared to $2.7T. The politicians argue over the small stuff because it works at the ballot box. I suppose this is because most people find it easier to focus on the (gasp) cut to Medicare, which is unlikely to be a true cut in the end, and find in near impossible to contemplate 2.7 trillion of anything.
February 01, 2006
Jonathan Wilde on the CLW
An impressive contemplation of Libertarianism's rather lint-filled navel. Elections are won with money, and money is given in return for favors of special privilege - the exact opposite of libertarian policy prescriptions. It’s not a contradiction that a country with so many people who define themselves as “socially liberal and fiscally conservative” has no libertarians in major political offices. That isn’t to say that I don’t appreciate the efforts of libertarians to enact political change. I just hope they realize the magnitude of the odds stacked against us in the political arena.... The belief that liberty has to be respected for it’s own sake (libertarian morality) for people to prefer it. Liberty merely has to be in people’s self-interests. Not everyone finds the moral argument against taxation convincing, but make it easy and profitable to evade taxes, and nearly everyone will take advantage of it. I'm not so sure about that second one. Yikes. Anyway, ATSRTWT
January 23, 2006
Cause vs. Effect
From Congressional Quarterly (reg req'd) comes one way to view partisanship on Capitol Hill. It is clear that partisanship, as measured by unanimous votes from one side or the other have become more numerous. Is this the result of redistricting, in which the majority of house seats are essentially locked into one party or the other?
However, a couple of points. Bush was able to work with Democrats here in Texas while governor. Admittedly, it is possible that Texas Democrats are closer to national-Republicans than national-Democrats, but given some of the recent antics of the Democrats here in Texas I wonder. I wonder if any readers can point me to recent research on the question of causation in partisanship. It is a classic identification problem which good econometrics should be able to flesh out, but every instrument I think might help seems doomed.
Alito and the Unitary Executive
One of the more curious lines of questioning during the Alito hearings was on the "Unitary Executive." Some Democrats seemed to think that this was the equivalent of a secret handshake among conservatives out to destroy the constitution. Exhibit A of this conspiratorial mindset is an article by Jeffrey Rosen in the New Republic. (Unfortunately, the full piece is subscription only). I single out Rosen because he is generally smart and fair, and the New Republic equally so - making the attacks all the more curious. Analysis below the fold... Read More »
January 20, 2006
When a regression isn't necessary
Over at the Club for Growth Andy Roth posts a damning picture about laws passed by Congress over the past few years:
'Nuff said.
Green chocolate?
Thank Gaia that New Orleans' anti-environmental homes got washed away! There is a push now for "Green Building" in the Big Easy. In typically nonbiased fashion, the article mentions only benefits of green construction but no costs. Energy savings, indoor air quality, and the like, but no mention of whether the initial construction costs are comparable to traditional construction. Sure, if I installed a nuclear toaster in my house that saved 2% on my energy bill every month that would be great, even if it cost me $1 million to buy and install. One Patti Cox, an environmental consultant, says "Buildings -- they are the gas guzzlers." Since we have HOV lanes on highways, maybe we can get HOBs. Or hybrid buildings that recharge whenever employees' weight presses down on stairs. The rest of you in your sport utility buildings ought to be ashamed. In a similar story, CNN has "'Dream Team' to plan Katrina rebuilding." I didn't see any mention of Magic or Larry Bird, but we will get the next best thing with urban planners and "thinkers." (Wouldn't you love to have your business card say "Art Vandelay--Thinker.") Of course, the Green Chocolate City will be rebuilt according to "new urbanism," the form of city planning whose superiority is evident by the fact that no one likes to live in cities planned that way. Who needs spontaneous order anyway when thinkers are on the case? P.S. I just found the perfect mascot for a rebuilt New Orleans.
The Man Who Would Be King
Alex Tabarrok at MR asks himself, "Would I be a Good Dictator?" (Alex, if you have the humility to ask the question, you probably would make a good dictator.) His post reminded me of the classic film, The Man Who Would Be King (1975) based on Kipling's short story, directed by John Huston, and starring Sean Connery and Michael Caine. If you haven't seen it or haven't seen it in a while, I recommend it. Among other things the cinematography is awesome for any era much less 1975. In the film Sean Connery's character, an British ex-soldier in India, is made the god-like king of the land of Kafiristan (think Afghanistan). He goes power crazy and in fact doesn't escape with his life. There also a great scene in which Connery orders all the villages to give 10 percent of their harvest to him so that he can use it to help villages who have had bad harvests. A welfare state in the making!
The Age of Reagan turns 25
Today marks the 25th anniversary of Ronald Reagan's inauguration as President. Drink a toast to the Gipper!
January 19, 2006
Government of the Government, By the Government, For the Government
Bob Bauer, a prominent Democratic Party lawyer in Washington, has a great little commentary on demands for lobbying reform, here. There is no question that some reform is needed - the question is, who will be restrained - members of Congress, who have created this mess by handing out favors left and right, spending beyond all reason (Ted Stevens' "bridge to nowhere" comes to mind, though it may have shown that at some level even Congress has its limits), and generally presuming there are no limits on their powers, or average citizens, who want to expose congressional wrongdoing, contact their congressmen, and defend themselves from predatory legislation? It appears that Washington is planning on the latter. Already, Straight-Talking Senator John "Keating Five" McCain has proposed a bill that would place limits on, “any attempt to influence the general public, or segments thereof, to engage in lobbying contacts whether or not those contacts were made on behalf of a client.” You know - "Call your congressman" type stuff, as the Skeptic notes. What is going on is an effort to define all "influence" as illegitimate. But "influencing" government is what you and I and our neighbor do, or try to do. It is not illegit for us to try to influence government. And as Bauer's post skillfully illustrates, when all the sources of "influence" are gone, there will still be those with the ability to "influence" Washington. But they will be a small, select group. Who will they be? Who will be allowed into the inner circle? Well, I don't know for sure, but I'll tell you this, Mr. Average Citizen - as the Former Chairman of the Federal Election Commission, with a 501(3) foundation , some Washington contacts, and knowledge of these increasingly complex laws on trying to speak out in public, it might be me, but I guarantee you that it won't be you.
January 18, 2006
I was....wrong?
I have thought all along this "NSA spying" thing would just blow over. No one really cares. But it appears the administration has actually made people really mad. Even some people who have been supportive. Now, I'm a libertarian on this question all the way. Unauthorized spying, bad, always. But I didn't think anyone else cared. And having Al Gore chirp about libertarian themes...well, it makes me sad when Gore is clearly right and Bush is so clearly wrong. (That doesn't mean that Gore is not still evil incarnate, of course....)
January 15, 2006
Foreign policy advice c. 1906
From the Jan. 15, 1906 NYT is a letter to the editor arguing against the Monroe Doctrine. Given the events since 9/11, to many the Monroe Doctrine might be a welcome respite from global interventions. The letter writer suggests the following as a guide for foreign relations: Two rules ought to guide us as a member of the family of nations, and those are, first, the "Golden Rule," and, secondly, "mind your own business."
January 12, 2006
Senator Kennedy
From yesterday's "Best of the Web Today," here's a description of part of the Alito hearings: The Democrats, eager to smear Judge Alito, have alighted on his membership in a group called Concerned Alumni of Princeton. This afternoon Ted Kennedy was interrogating Alito about his reading habits, demanding to know if Alito had read an article expressing some noxious views that appeared in a CAP magazine more than two decades ago. Interestingly the senator thinks it's ok to question a Supreme Court nominee about his reading habits but thinks that investigating the reading habits of possible terrorists is not ok. To wit: On July 31, 2003, Senator Feingold (D-WI), joined by Senators Bingaman (D-NM), Kennedy (D-MA), Cantwell (D-WA), Durbin (D-IL), Wyden (D-OR), Corzine (D-NJ), Akaka (D-HI), and Jeffords (I-VT), introduced the Library, Bookseller, and Personal Records Privacy Act as a companion bil to Rep. Bernie Sanders' Freedom to Read Protection Act. The bill would amend the PATRIOT Act to protect the privacy of law-abiding Americans and set reasonable limits on the federal government's access to library, bookseller, medical, and other sensitive, personal information under the Foreign Intelligence Surveillance Act and related foreign intelligence authority.
January 11, 2006
Intellectural Diversity on Campus
I'd be interested to hear more from Josh about why he finds Dan Klein's work on the political identifcation of college faculty to be improper. A recent missive from the AAC&U on "Academic Freedom and Educational Responsibility" includes the following: Intellectual Diversity and the Indispensable Role of Liberal Education If this is true, then wouldn't colleges want to measure the actual extent of intellectual diversity among the faculty? If colleges really believe in this, then Dan's works shows that they ought to be ashamed at a the gross imbalances in political views among the faculty. Dan is trying, so far as I can see, simply to shame colleges and universities into living up to their own claims of intellectual diversity. I don't think Dan is calling for any kind of legal or policy remedy like affirmative action for conservative/libertarian professors ala David Horowitz's ridiculous Academic Bill of Rights.
January 10, 2006
Will on House Republicans
George Will is spot on about the Abramoff scandal. An excerpt: The national pastime is no longer baseball, it is rent-seeking -- bending public power for private advantage. There are two reasons why rent-seeking has become so lurid, but those reasons for today's dystopian politics are reasons why most suggested cures seem utopian. The first reason is big government -- the regulatory state. This year Washington will disperse $2.6 trillion, which is a small portion of Washington's economic consequences, considering the costs and benefits distributed by incessant fiddling with the tax code, and by government's regulatory fidgets. Second, House Republicans, after 40 years in the minority, have, since 1994, wallowed in the pleasures of power. They have practiced DeLayism, or ``K Street conservatism.'' This involves exuberantly serving rent-seekers, who hire K Street lobbyists as helpers. For House Republicans the aim of the game is to build political support. But Republicans shed their conservatism in the process of securing their seats in the service, they say, of conservatism.
Election reform c. 1906
Things haven't changed much in a hundred years in the area of campaign financing. The latest "scandal" in D.C. is just another episode of rent seeking. ...a bill to amend the corporation law to provide that every corporation shall make affidavit, ten days after election, that the corporation has not made, directly or indirectly, any campaign contributions [emphasis added]. But why would such a law be needed? "It is believed that over considerable areas, as many as 50 per cent. of the voters expect to be paid in some way for their vote."
January 09, 2006
Campaign Finance: Unintended Consequences
I have written a couple of pieces on BCRA, the campaign finance deform legislation lately. Over on THE END, I did a little dash-off piece. The essay on EconLib is a little more serious. Thanks to THE DOOR and THE CLUB for kind links.
January 08, 2006
A Nutjob in Every Byte
Nancy Pelosi: Harry Reid: Remember the candy bar commercials: "Peanuts in every bite?" No matter how small a bite you take, you'll get peanuts. Both of these "quotes" are designed so that, no matter how small the sound "byte", you will get "Republicans" and some bad stuff. But when you quote the whole thing, sounds pretty dumb. Read the Pelosi quote, especially. Sounds like it was written by someone for whom English is not a first language.
Proceed Without Delay
Tom Delay is no longer just down, but now also out. There will be a new Majority Leader in the House. Delay's resig letter to Speaker Hastert included the following: "The job of majority leader and the mandate of the Republican majority are too important to be hamstrung, even for a few months, by personal distractions" Oops, too late for that. We have had months of delay, and wishful thinking. You can say that the case against further Delay is shaky, and political, but that's enough to make a Majority leader useless. The Hammer will beat no more. Succesors? in that order. Blunt wins, unless something happens. Economic consequence? Even less ability to control pigs at the pork barrel trough. The next transportation bill could well be an orgy of "special" provisions. Ick. Update: This is cute. Check the listing, if it is still up.
January 06, 2006
Unsolicited Abramoff Scandal Control Advice for Republicans
The Abramoff scandal is the talk of Washington. Republicans are unsure of what to do - some are whistling past the graveyard, others running for the tall grass, and a few more ducking for cover behind John McCain's lobbying "reform" bill. (I bought of bunch of used metaphors at a garage sale recently and need to use them up). Senator McCain's bill, by the way, would regulate not just lobbyists, but, “any attempt to influence the general public, or segments thereof, to engage in lobbying contacts [i.e. "call your congressman" - Ed.] whether or not those contacts were made on behalf of a client.” If Senator McCain's disdain for the First Amendment wasn't obvious to everyone before, it should be now. But there is a better alternative: play offense. I don't mean accuse Democrats of being just as sleazy. No, I mean use this scandal to cut the size of government. Go forward and make the case: "This, dear people, is what big government is. It is favors for special interests, unrestrained pork barrell spending, and a government so big you, dear voter, can't begin to keep an eye on all parts of it. It is lobbyists and money and corruption. Lobbyists lobby because government is giving out favors and subsidies, writing exemptions into the tax code, regulating most things you do and claiming the right to regulate everything else. The solution is not more regulation. It is smaller government. Take the power away from the politicians." Whenever there is a scandal, there are elements of the left that use it to expand the size and scope of government, or, as in the case of Senator McCain's new lobbying law, to try to stifle political competition and criticism. But because scandals can rock the faith Americans put in government, they are also an opportunity to make meaningful reductions in the size and scope of government.
January 05, 2006
More Hypocrisy
Writing at Tompaine.com (and the abuse of the name of Tom Paine - author of "Common Sense" and "The Crisis," and lover of liberty, by a left wing site devoted to stripping us of our liberties never ceases to irk me), James Sample of the Brennan Center (another group devoted to stripping us of our liberties, and hence one more appropriately named) is upset about new Federal Election Commissioners, not to mention Jack Abramoff. Now, I promise not to turn Division of Labour into Campaign Finance Whack-a-mole Central. Still, this was too good to pass up. More by clicking below... Read More »
January 04, 2006
Hypocrisy in Action
Yesterday President Bush made three recess appointments to the Federal Election Commission. Two of the three were appointed to seats occupied by Commissioners whose terms have expired, but who continue to serve as "acting." The third seat has been vacant since August, when I resigned from the Commission. More below the fold: Read More »
Stranger in a Strange Land
Is the Jack Abramoff story big news in your community? It's not in mine, even though our community is represented in Congress by Bob Ney, one of the Congressmen most connected to the spreading scandal. I mean, it's in the newspaper, even on the front page, and the local TV news reports on it. But it's not something people talk about, and it's not something they see much affecting their lives. But here in Washington, it is everywhere, and on everyone's lips. Just something that leaped out at me as I returned to visit my old haunts.
December 31, 2005
Presidential pursuits c. 1905
This being the last day of 2005, I would be remiss if I didn't convey some of the information in the Dec. 31, 1905 NYT. My habit of reading the paper from 100 years ago has provided me with a much greater history lesson than I initially anticipated - I haven't been told to stop, so I will continue to post interesting tidbits in 2006. Today's (2005) FW Start-Telegarm had an article about Pres. Bush's brush-clearing at his ranch down the road in Crawford. And the J-walk blog seems to poke fun at the president's habit of taking a machete to ever-encroaching nature. However, things could be considerably worse. From the Dec. 31, 1905 NYT is an article about President T. Roosevelt's pursuits: The President enjoyed a fine hunt this morning at Pine Know...His bag as (sic) the close of the expedition was one wild turkey, half a dozen quail, two rabbits, and some snow birds. Surgeon General Rixey, Kermit, and Archie when in a direction different from that taken by the President and were not nearly so successful. How more sensitive, both politically and culturally, we are today. It isn't too hard to imagine the outrage if Pres. Bush shot a deer or a wild turkey on his property.
December 26, 2005
Durkdurkistan President celebrates 20th anniversary in power
Sorry, I meant Turkmenistan, the ex-Soviet state just north of Iran, where President-for-life (so declared since 1999) Saparmurat Niyazov rivals North Korea’s Kim Jong-Il for megalomania and iron-fisted control. It would be comic if it weren’t so real. The Washington Post reported last week: Festivities to mark his two decades in power began Tuesday in Niyazov's home Akhal region where citizens were offered shows, concerts, sports competitions and food. […] The BBC reported a few years ago that he had his likeness woven into “what is probably the world's largest handmade carpet.” It also noted that “the most spectacular of [his statues] is the 12-metre revolving image of him atop a 23-metre high tower in the city's central square.” Meanwhile, “Schoolchildren have to recite oaths of allegiance to their leader every day.” His current banknote portrait (the same on every denomination) can be seen here. A new design (different portrait) can be seen here on the Turkmenistan government’s official site. Note that the 50 manat may be the world's only currency showing a horse's ass on both sides of the note! Coin portrait here. Niyazov calls himself “Turkmenbashi,” leader of all Turkmens. Some other evidence for what is politely called his “personality cult”: The town of Turkmenbashi is named in his honor. At least one district in all Turkmen regions is also named for the leader, and there is a street bearing his name in virtually every settlement. That’s right, he renamed a month of the calendar after himself.
December 20, 2005
"The Central Role of Economic Freedom in Democracy"
By Ian Vásquez, director of the Cato Institute’s Project on Global Economic Liberty, and a term member, Council on Foreign Relations Of the cherished liberties of a free society—economic, political, and civil—economic freedom holds a special place. It is not only an end in itself; economic freedom gives sustenance to the other freedoms. When personal choice, voluntary exchange, and the protection of private property are not secure, it is difficult to imagine how political freedom or civil liberties can meaningfully be exercised. [Whole thing.]
December 19, 2005
Insurgency c. 1905
In today's environment, the term "insurgency" is thrown around in dire terms - to the point, it seems, that some want us out of Iraq now because we cannot win. Perhaps some perspective (always in short supply it seems) would be useful? During the Fall of 1905 there has been considerable unrest in Russia, which has spilled over into Poland and now into the Baltic republics. In what lays the seeds for the 1917 revolution, the Czar has been trying to both placate the revolutionists/insurgents while at the same time maintaining power. From the Dec. 19, 1905 NYT is the following description of an insurgency that was "winning" (at least at the time): MITAU - The troops, in order to avoid annihilation at the hands of the insurgents, have been forced to abandon the country districts and to concentrate at Riga, Mitau, and Libau, where they actually are standing on the defensive, unable to make head against the insurgents.In another story from the same issue: ST. PETERSBURG - The War Department is concentrating two army corps to suppress the revolt in the Baltic provinces. According to the Government's information 60,000 Letts are under arms...The insurgents of Livonia derailed on Dec. 14, near Stockmansof, a military train which was carrying reinforcements from Vilna to Riga. They then attacked the survivors of the wreck...Half the troops on board the train surrendered to the insurgents...the remainder of the troops held out for four days. Their position when last heard from was desperate. Perhaps some would claim this description partly fits what the U.S. military is experiencing in the Iraqi insurgence, but I don't see it that way. If our military did face potential "annihilation" we would be out of there faster than even most anti-war folks could imagine. On the other hand, perhaps the Iraqi insurgency of today is, in some loosely defined "real terms," as bad as what happened in the Baltics/Russia in 1905. [An aside: There are numerous reports of thousands of Jews being killed across Russia. These reports have been met with millions of dollars of private relief, especially in the form of evacuation, from around the world. There have also been a few private offers of arms with which the Jewish minority could defend themselves. The descriptions of massacres are stomach-turning in today's world, but were evidently not enough to terribly excite the national governments of the world. One gets the feeling that the world in 1905 was used to strife, killing, and political/social turmoil that is, today, not something the Western world is comfortable/experienced with (that is just my impression, however).]
Can we imagine this today?
From the Dec. 19, 1905 NYT: Washington [D.C.] to-day celebrate[s] the centennial of the establishment of the public schools of the District of Columbia...the President [Teddy Roosevelt] said: "It has been my good fortune that all of my children have received, or are receiving, a portion of their education in the public schools of this District, in this city, and I feel that the advantage to them is incalculable. I don't have any statistics, but I wonder how many Senators, Representatives, Presidents, and Justices, are sending their children to DC public schools for the "incalculable" advantage. I think I remember the number today being in the single digits, but I can't remember when/where I heard this (perhaps during one of the presidential campaigns - 2000 maybe?).
December 18, 2005
Especially if it's broke, don't fix it?
From the Dec. 18, 1905 NYT, a letter to the editor that could have been written today: We have had one contested Presidential election. It menaced the Republic with the renewal of civil war. It was settled by means which every one recognized to be extra-Constitutional, and which great numbers of American people regarded as unconstitutional, and as bringing about an illegal and unjust result. Only eight years later we had a Presidential election turning on a plurality in this State which the change of a few hundred votes would have destroyed...Those classes which, heretofore, have been relied on to maintain and defend these [democratic] principles are, at the present moment, demoralized by recent exposures. Other exposures may await us and a greater demoralization. In December 1905 there is a contested mayoral election outcome in New York City, and there are several allegations of election fraud, ballot confusion, and so forth. Perhaps it is not possible to truly "fix" the problem of elections - the human element will always befuddle reform efforts - however, our sophistication and technology haven't brought us too far from what this letter writer has to say.
December 17, 2005
Private vs. Public Education c. 1905
In a small article from the Dec. 17, 1905 NYT: The Committee on High Schools of the Jersey City Board of Education has notified Mgr. Shepard, Vicar General of the Newark Diocese, that rectors of the Catholic churches will be heard this week...on their petition for admission of parochial school graduates, on certificate, to the City High School [emphasis added]. Rather than fighting to keep students in the public education system, as they do today, it seems that in the early 1900s the public education system fought to keep church-educated students out. In an equally bizarre twist, the church educators wanted to get students into the public education system in the early 1900s but today want to get students out of the public education system. One would have thought that students appealing to get into the public education establishment would not have been denied, if only because more students in the public schools would increase the political/economic power of the public education establishment (which would yield more rents). Perhaps at this time church education wasn't on par with the government education. which would have increased the work burden of public school teachers and therefore provided an incentive to deny the students access? Hmmm....
December 14, 2005
If Only He Was Serious
Recently, Oregon Rep Earl Blumenauer remarked, "It has drug millions of Americans into a tax that was never, never, never intended to apply to them." (Source here.) Now this sounds like a Democrat I might just like. He must, after all, have been talking about the monstrosity known as the federal income tax. The U.S. income tax was enacted in 1913, had marginal rates ranging from 1 to 7 percent, and had large enough personal exemptions that returns amounted to less than 0.5% of the population. (Data source: Slemrod and Bakija, Taxing Ourselves, pp. 23-24) If any tax has "drug millions of Americans into a tax that was never, never, never intended to apply to them" it is the federal income tax. Alas, a Dummycrat could never say such a thing about leviathan's cash cow. Instead, Blumenauer was referring to the alternative minimum tax which blue-staters have suddenly come to dislike because it will mostly whack their citizens. Of course the inept Republicans are not shrewd enough to leverage the Dems' dislike of the AMT into a deal to, say, permanently reduce dividend and capital gains rates.
"It's all so tawdry"
Jonah Goldberg's argument that "American conservatism is overdue for a reformation" is spot on. I especially liked these paragraphs: But abdication of constitutional responsibilities is the order of the day. State attorneys general, led by New York's Elliot Spitzer, form unconstitutional compacts between the states without the required consent of Congress. Congress passes laws without a moment's concern about their constitutionality, on the novel but deeply held popular conviction that if the Supreme Court doesn't object, it must be OK. Once upon a time, whole bills were thrown out because some senator or congressmen objected that the proposed legislation, however well-intentioned, simply exceeded constitutional authority. Today we legislate by curveball, write whatever laws we like in the hope that the squinty-eyed umpires of the court don't call a strike. Presidents have been just as bad, including George W. Bush. He campaigned against the proposed McCain-Feingold campaign finance "reform" in the 2000 election. At the time Bush argued, rightly, that the legislation violated numerous constitutional principles. When the bill wound up his desk, however, in a more egregious form than the earlier versions, Bush signed it. If his erstwhile "serious constitutional concerns" had been justified, the president explained, then, heck, "the courts will resolve these legitimate legal questions." But when the law went before the Supreme Court, Bush's Justice Department defended it and the justices in turn upheld it, out of deference to the "government." It's all so tawdry.
December 12, 2005
Smith v. McCain
An edited version of Brad Smith's lecture that he gave for my campus lecture series is now on-line at Reasonfor free. Still you'll need to go to the print/pay version to see that deliciously nasty picture of John McCain. Smith is a former Federal Election Commission and current law prof at Capital University. (And I'm lobbying him hard to join DoL as a blogger.)
Dear Osama...
Randolph Brandt writes: Dear Osama, Tell you what, we'll go back to being the last, best hope of earth - leading by example rather than force - and you can go back to living in a ruined system from the 14th century, and we'll see who wins in the long run. [ATSRTWT]
December 08, 2005
How to bring down a government?
Make false hotel reservations? So says a CIA "handbook" for destabilizing the Nicaraguan government. Flickr archive here. I don't know, this seems a little far-fetched - nevertheless, it is somewhat humourous. Would falsely made hotel reservations really bring down a Marxist government?
December 01, 2005
Don't like
A friend passes along this funny little piece of junk voice mail (.wav audio). Is it just me or do I detect an Asian accent? They wouldn't have outsourced this recording would they?
November 30, 2005
FIRE lobbies Phi Beta Kappa
The Foundation for Individual Rights in Education (FIRE) is lobbying Phi Beta Kappa with this letter to enlist its support in fighting against campus speech codes. Uh. Good luck with that. In related news at my shop: Today, John Lott (of More Guns, Less Crime fame) is speaking at the Capital University Law School and on the main campus. Rather than engage in a debate about his ideas, there is in fact a concerted effort to organize a boycott among faculty and students of the event. Fair enough I guess but hardly in the spirit of open engagement that universities are supposed to be about. There have been some rumblings that one of the flyers used to publicize the event is "offensive to Catholics". (I think it's funny!) To my knowlege there has been no complaint filed using our speech code, but this illustrates exactly the type of chilling effect (to use a term that used to be popular with the left) that such speech codes can engender.
Don’t $#@! with my cable TV
The AP reports on FCC Chairman Kevin Martin's statement yesterday to the Senate Commerce Committee hearing on cable and satellite TV "indecency": If providers don't find a way to police smut on television, Martin said, federal decency standards should be considered. One rhetorical question, so many answers. How about: You should have to because you’re a free individual who subscribed to cable or satellite TV in the first place -- it isn't beamed onto your TV screen without your permission. You should have to because it follows from respecting your adult neighbors’ liberty to choose the TV channels they want. You should have to because if you don’t, some cluster of politicians of bureaucrats will treat you and your neighbors like children. Senator Inouye (D-Hawaii) told the cable and satellite executives at the hearing: “If you don’t come up with an answer, we will.” The power of dictating what TV other adults should watch is never so dangerous as in the hands of those who presume themselves qualified to exercise it.
November 27, 2005
Public admiration of Congress c. 1905
Today we are concerned that people show their "admiration" for members of Congress by providing gifts/cash/contributions in return for "assistance" in certain matters, such as Casino licenses and so forth. Such "admiration" is not new, nor is it really practical to try to stop it in all of its forms. A radical idea that is almost guaranteed to work (and is therefore almost guaranteed not to be implemented) would be to remove the motivation for such "admiration," that is, deny the federal government (read: Representatives and Senators) the ability to distribute rents to the chosen/connected. The inability to distribute rents would dramatically reduce the number of people who offer their "admiration." In light of recent events, the Nov. 27, 1905 NYT presents a problem that today might not seem bad: Two years ago, after Speaker Cannon was sworn in, an attempt was made to bring in large floral pieces and place them upon the desks of members, but the Speaker issued positive orders to stop the proceeding...A standing resolution of the Senate was adopted during the last session of Congress barring flowers from the Senate chamber...Rivalry of admirers of members of the two houses reached a stage where half the desks were buried in flowers, and the persons they were meant to compliment were completely hidden. This condition led to the ban on them. House and Senate members being hidden/buried in flowers? That might be an improvement over the ways they seek attention nowadays.
November 16, 2005
No Bridges to Nowhere?
From a Sierra Club press release (with HT to Drudge): The Senate Appropriations Committee removed earmarks for two controversial "bridges to nowhere" in Alaska: the Gravina bridge, which would connect Ketchikan to an island of 50 people, and the Knik Arm bridge, which would link Anchorage to a sparsely populated area. The projects have been the subject of strong criticism because of the general backlog of existing roads and bridges in desperate need of repair, especially those affected by Hurricanes Katrina and Rita.... The issue has been particularly controversial for Senator Lisa Murkowski (R-AK) who has served as a strong advocate for the Gravina bridge despite the fact that her family owns 33-acres of undeveloped land 3/4 of a mile from the point where the bridge would touch down. Since the State would now decide how the money would be spent, her father, Governor Frank Murkowski, would now face the same ethical scrutiny. What a stinky little bit of self-dealing--for some reason I had missed this angle in previous reports on the infamous bridges.
President Bush gets it right,
or at least his speechwriter does: As South Korea began opening itself up to world markets, it found that economic freedom fed the just demands of its citizens for greater political freedom. The economic wealth that South Korea created at home helped nurture a thriving middle class that eventually demanded free elections and a democratic government that would be accountable to the people.[full text] I am often asked about what I call the "Singapore" problem. How can a country score so high on "economic freedom" yet score so low on "political freedom"? It is odd. There is a pretty solid positive correlation between the "two freedoms". But there are outliers like Singapore. My standard reply echoes the President's above. Economic freedom creates weath, and in the long run (and the long run can take a long time to develop) this wealth will generate a demand for greater political freedom. I usually cite South Korea, Taiwan and Chile as examples. I'm still waiting for Singapore (and eventually and hopefully China) to follow the same pattern. I remain skeptical about the ability to go the other way. That is, there isn't a lot of evidence that political freedom will lead to economic freedom. India is trying but the jury's still out.
November 15, 2005
Cato's Doug Bandow to talk at OSU
“Should a Free Society Draft its Citizens?” A debate featuring Lt. General Josiah Bunting, President of the Harry Frank Guggenheim Foundation and Doug Bandow of the CATO Institute. Moderated by William H. Woods, Esq. Co-sponsored by the Speech and Debate Team at the Ohio State University and the Intercollegiate Studies Institute
November 06, 2005
Is the Alito nomination part of a "Constitution in Exile" movement?
In the New York Times, John M. Broder links the Alito nomination to a supposed wider movement to return to pre-FDR jurisprudence, aka the “Constitution in Exile”: Conservative activists and scholars have expressed the hope that Justice Roberts and Judge Alito, if confirmed, will bring back what they call the authentic Constitution from the exile to which it has been consigned by justices appointed by presidents from Franklin Roosevelt to Bill Clinton. Really? Which conserative activists and scholars would that be? Broder continues: For some liberal legal scholars, that prospect is a fear, not a hope. "Nothing is certain," said Bruce Ackerman, a professor at Yale Law School, "but the confirmation of Samuel Alito carries a clear and present danger of a constitutional revolution on a very broad front, well beyond Roe v. Wade." Broder fails to mention it, but Randy Barnett, author of Restoring the Lost Constitution, has vigorously protested (in a debate with left-of-center legal scholar Cass Sunstein) that the existence of a “Constitution in Exile” movement is a myth, a bogeyman conjured up by liberals for rhetorical purposes. How curious that Broder doesn’t quote or even name any "conservative activist or scholar" making the “exile” argument he attributes to them; he only quotes a liberal opponent. (Barnett, by the way, is a libertarian, not a conservative.) I’m beginning to think that Barnett has a legitimate beef.
November 03, 2005
Brad Smith was right!
Last year my friend and colleague Brad Smith, then chairman of the Federal Election Commission, took a lot of heat for raising alarm bells about the prospect that bloggers would be subject to campaign finance regulations. Well he was right: Democrats on Wednesday managed to defeat a bill aimed at amending U.S. election laws to immunize bloggers from hundreds of pages of federal regulations.
November 02, 2005
Bummer
Colorado residents have voted to suspend their Taxpayer's Bill of Rights, the strictest government spending limit in the nation, and give up more than $3 billion in tax refunds to help the state bounce back from a recession. The approval of the Colorado referendum allows the state to keep an estimated $3.7 billion over five years that otherwise would have been refunded to taxpayers. A second statewide ballot measure meant to let the state borrow up to $2.1 billion for roads, school maintenance, pensions and other projects narrowly lost. Full story here. Colorado's suspension of TABOR probably makes it more difficult for other states, including GA, to enact tax and expenditure limitations.
October 31, 2005
Hubris or revenge?
From Townhall.com via The Club for Growth's Blog: The Budget Reconciliation package (PDF) contains $71.4 billion in new savings but it also spends $32.4 billion. Portions of that new spending were intended to be Katrina relief funds, but it seems Alaskan interests have once again succeeded in redirecting funds (PDF) to the state which has become famous for its "Bridge to Nowhere." This comes on the heels of attempts by Tom Coburn to kill funding for the famous Bridge to Nowhere. Amazing.
October 28, 2005
It's high Noonan for the U.S.
In her latest column for OpinionJournal, Peggy Noonan seems to sound like everyone's cranky old uncle, but maybe a little more eloquent: I think that a lot of people are carrying around in their heads, unarticulated and even in some cases unnoticed, a sense that the wheels are coming off the trolley and the trolley off the tracks. That in some deep and fundamental way things have broken down and can't be fixed, or won't be fixed any time soon. She focuses principally on the growing number of problems President face, and thus can't face. But, the presidency is only one manifestation of what I interpret as her fear that the US, and maybe the world, is going to be swallowed up into a big pit. You really have to read it to see how far goes her despair. Certainly not a Virginia Postrel or a Michael Cox. Why is it that the "dismal" scientists seem to be the most optimistic about the future? I suppose when you see data of rising per capita GDP and lifespans, of falling infant mortality and disease rates, all around the world except in dictatorships, and you know WHY these trends occur, it tends to make one's glasses more rose-colored. In fact, why is it that only those who seem to seek political solutions to every problem are the ones most pessimistic about the future? I suppose if the taxpayers think the world is going to end because of bird flu, high gas prices, Scooter Libby, global warming, then they won't care about paying half their income to Uncle Sam. You can't take it with you, anyway. So, what comes to my mind that should engender feelings of optimism? We all have more control over our own lives than we think. How does it improve your life being pessimistic? You'd think Ms. Noonan, who wrote a book on John Paul II, would follow his spirit of hopefulness.
October 21, 2005
Hey, Senator, is that a threat or a promise?
When I was a child, my mother would respond to my tantrums ("Mom if I can't _____ then I'm going to run away from home!") by asking "Is that a threat or a promise?" I was reminded of my mother's query (and, no, she didn't really want me to run away) by Alaska Senator Ted "Bridge to Nowhere" Stevens in this excerpt from the WaPo: Sen. Tom Coburn (R-Okla.), a staunch opponent of pork barrel spending, tried to block $453 million for two Alaska bridges that had been tucked into the recent highway bill. Coburn wanted to redirect the money to the Interstate 10 bridge across Lake Pontchartrain, a major thoroughfare that was severely damaged during Hurricane Katrina. Sen. Ted Stevens, the veteran Alaska Republican, was dramatic in his response. "I don't kid people," Stevens roared. "If the Senate decides to discriminate against our state . . . I will resign from this body." Of course, there'd just be some other porker elected to replace him; only 15 senators supported Coburn's proposal. BTW, the bridge to nowhere costs some $4m for each of the 50 residents of the Alaskan island it would serve. Before building the bridge, let's offer them $1m to move. I bet most would take it and we taxpayers would save some $150m.
October 20, 2005
Pre- post-Wilma
Let's hope that Florida dodges a bullet and Hurricane Wilma passes by with minimal damage. Does anyone question that if Naples, Florida (the predicted target) is not so lucky, in the dominant news coverage afterwards there will be far less concern for the victims of this hurricane than for Katrina? This hypothesis rests on the following: --median household income in New Orleans=$27,133 If Wilma causes damage in Florida, what sins are the people of Naples committing? Oh, right, now I know.
October 14, 2005
Ouch!
Victor Davis Hanson on Zbigniew Brzezinski: Aside from the unintended irony that the classical historian Arnold Toynbee himself was not always “adroit,” but wrong in most of his determinist conclusions, and that such criticism comes from a high official of an administration that witnessed on its watch the Iranian-hostage debacle, the disastrous rescue mission, the tragicomic odyssey of the terminally ill shah, the first and last Western Olympic boycott, oil hikes even higher in real dollars than the present spikes, Communist infiltration into Central America, the Soviet invasion of Afghanistan, the Cambodian holocaust, a gloomy acceptance that perpetual parity with the Soviet Union was the hope of the day, the realism that cemented our ties with corrupt autocracies in the Middle East (Orwellian sales of F-15 warplanes to the Saudis minus their extras), and the hard-to-achieve simultaneous high unemployment, high inflation, and high interest rates, Mr. Brzezinski is at least a valuable barometer of the current pessimism over events such as September 11.
October 07, 2005
As the most anarcho blogger here: Hopefully this will NOT change soon.
From the CIA World Factbook's entry on Iraq, last updated on Sept. 25, 2005: Government type: none :-) UPDATE: See also, Somalia Government type: no permanent national government
October 06, 2005
Hopefully this will change soon
From the CIA World Factbook's entry on Iraq, last updated on Sept. 25, 2005: Government type: none Yeah, about that.
Asbestos Compensation Fund
Congress is about to establish a victim compensation fund for asbestos injuries.
This follows victim compensation funds for 9/11. Katrina and Rita. Apparently, Congress has stumbled on a new way for giving away our money to buy votes. They get two votes for each victim compensated, one from the victim and one from the company relieved of liability.
October 05, 2005
Rafael Palmeiro - Anecdote Spinner
The FDA contemplates banning the use of celebrity spokespeople for pharmaceutical drugs. “Such approaches plainly do not reflect a data-oriented approach to promotion and may not be recognized by consumers as anecdotes,” the agency wrote. “FDA is interested in whether and how techniques mislead consumers about the risk-benefit tradeoffs of prescription or restricted medical products.” Hmmm....Every industry has a "data-oriented approach to promotion." Market research "data" show beer ads with lizards and frogs sell beer, and car ads with beautiful women ogling an aging, balding, bulging man driving a convertible sells more convertibles. The drug companies are using similar data to orient their promotion. I know, "data-oriented approach" really means that Direct to Consumer (DTC) advertisements are supposed to be rooted in the science of the drug and not the glamour, such as it is, of the drug spokesperson. How many Madison Avenue geniuses can make the science of IBS (irritable bowel syndrome) come across in a way that doesn't make everyone sick? None. Which is why Kelsey Grammer tells us about IBS - heck it's Frasier, and if he can get someone to look up IBS on WebMD or some other site, then so much the better. The FDA doesn't seem worried about celebrity spokespeople for over-the-counter drugs, so what gives? Discussion with colleague Mike Ward brought out a couple of points/questions. First, are doctors and health care activists behind the move to ban celebrity spokespeople? Perhaps doctors are tired of consumers demanding this drug or asking about that drug, and therefore the docs lobby the government to ban DTC advertising and problem will go way. Right? Not likely, but why would docs be allowed this avoidance of consumer interaction but not tire, car, or electronics dealers? This would explain why OTC spokespeople are off the hook - you don't need a doctor to purchase/use/misuse an OTC drug. Second, competition between drugs will motivate drug makers to provide information about quality/risks to consumers. DTC ads often discuss relative success rates compared to other drugs, and reveal sometimes vivid warnings (the Cialis warning comes to mind) just like car manufacturers tell us about 5 star crash ratings (but alas not too often about 1 star crash ratings) and that four-out-of-five dentists (but never economists) agree. How much competition must there be for this information to be forthcoming? I bet it only takes two or three players in a given drug market, but I haven't seen direct evidence on this point. I wonder how many people go to their doctor and demand the "purple pill" without having any clue about what the drug is for, it's intended effects, it's potential side effects, etc? I am sure there are a few, but I bet it is a minority. The increased information/knowledge on the consumer's part might prove frustrating and time consuming for the docs, but I have littlle sympathy. I would much rather discuss econometrics with a student who has at least read the book, searched Google, or done anything to try to understand what is going on. On a different front, it is a shame that needy celebrity drug spokespeople, such as Rob Lowe, Dorothy Hamill, B.B. King, Wilfrid Bromley, Kelsey Grammer, Rafeal Palmeiro and Bob Dole might have to find other ways to make money. How will these people put their children through college?
October 04, 2005
The think tank balance of trade
I worry about a persistent deficit in the balance of trade. No, not in the current account between the US economy and the rest of the world’s economies; that will sort itself out. I mean between the Cato Institute and some other DC institutions. I just got a flier for Cato’s annual monetary conference, scheduled for November 3. Participants include economists from the Fed, the IMF, and the Institute for International Economics (a center-left think tank). Previous conferences have included speakers affiliated with the centrist Brookings Institution. Yet I never see any of these institutions inviting Cato-affiliated speakers to their conferences. For example, the IIE held a conference on IMF reform ten days ago. The IMF, the AEI, and several central banks were represented on the program, but nobody from Cato. Searching via Google on [conference site:federalreserve.gov] turns up plenty of Fed conferences. Adding [Cato] to the search turns up many presentations by Fed officials at Cato, but zero cases of a Cato affiliate presenting on a panel at a Fed conference. Ditto for the IMF. Ditto for Brookings (although I did find one instance of a Cato person in a large roundtable discussion at Brookings in 1999.) If I’ve overlooked some pertinent cases, please let me know: comments are open. The American Enterprise Institute, to its credit, has had Cato speakers at its conference on pension reform and a couple of others in the past few years. So trade between those two institutions seems to be more or less balanced. Cato might want to think about how much longer it wants to give a platform to institutions that don’t reciprocate.
October 03, 2005
Statism and Environmentalism
Pictures from Chernobyl [56K warning!] There are some "before" pictures on page two of the comments. There are more eerie pictures here. Part of New Orlean's recent experience can be laid at the feet of a statist philosophy. Hopefully the city will experience a different ultimate fate than that of Chernobyl (adjusted for the magnitude of the disaster). Even with almost twenty years of decay and neglect, one can imagine what the buildings/infrastructure of Chernobyl looked like. Both seem a far cry from what I remember in the United States growing up in the 1980s. Hopefully we won't see similar pictures of NO in twenty years. Chernobyl is a glaring example of how statism and environmentalism simply don't mix. Notwithstanding all of the things for which Pres. Bush can be faulted, he did have one good statement in the 2000 debates when he said, in essence, "if it's your land, every day is Earth Day." Suggested reading: A great book on the other environmental disasters in the former Soviet Union: Ecocide in the U.S.S.R. by Murray Feshbach and Alftan Friendly, Jr.
A Tax-Expenditure Limitation for Georgia
The Georgia legislature is considering putting a constitutional amendment limiting government spending on the ballot in November 2006. I have written a paper (drawing heavily on the work of Bob, Josh, and their co-authors' study for an Ohio TEL--thanks guys) supporting the iniative for the Georgia Public Policy Foundation. A shorter version of the study has appeared in several Georgia papers including yesteday's AJC (albeit with some chopping and editing). I'll be presenting my paper and some additional material at a legislative hearing next week.
September 29, 2005
"Those hurricanes do say that God is real"
Aha! So it really wasn't global warming, 30-year weather cycles, and the like. The reason hurricanes hit where they did is because of "gambling, sin and wickedness." Of course, everyone knows that Lake Charles, LA and Galveston, TX are the national homes of wickedness and gambling, respectively. Erwin said the catastrophic storms are part of a pattern evident in the terror attacks of Sept. 11, 2001, claiming God has removed an umbrella of protection from America due to an increase in abortion, pornography and prostitution. I wonder if the guy in the grocery cart stole the umbrella of protection. If God wanted to punish gambling, sin, and wickedness, don't you think he would go after much easier targets? I'm sure you'd find more such behavior per square foot in the state capitals and Congress than in New Orleans or Vegas. Hat tip to Boortz again. Oh, and BTW, I'm Catholic so don't worry about the destination of my soul, dear readers. I really don't see how statements like the good Senator's are effective in bringing people to Christ. They do seem pretty successful at making us Christians look like boobs. P.S. Rumor has it that the AWOL New Orleans cops never existed except on the forms directing federal law enforcement money to the city. So who was cashing their paychecks?...
September 27, 2005
Give me some aloe for this Reich
I just finished watching Stephen Moore and Robert Reich on Kudlow & Company on CNBC, and after both agreeing that the highway and energy bills should be stripped of their pork, the two disagreed about cutting taxes on income, dividends and capital gains, and dying (the estate tax; I didn't know how to end that sentence). Moore of course was for cutting all, but Reich countered that cutting taxes would be absolutely the wrong move right now. He mentioned the Conference Board's report recently that consumer sentiment dropped sharply in September and that the U of M Survey of Consumers also dropped in August. He then said what I figured he'd say (paraphrasing): "when consumers and the poor are upset the last thing we want to do is enact policies that only help the rich." Reich, now an econ professor, obviously knows what I know and what I tell my students, that pessimistic expectations can reduce GDP. Of course, it doesn't help when an economics professor on national TV begs the question. Perhaps the poor in New Orleans would not approve of the tax cuts because YOU, Prof. Reich, told them on TV that cuts in dividend taxes, etc., will only help the rich and not them, without any evidence whatsoever to back up your claim. Certainly the poor (or anyone) will interpret news in innumerable ways, but it seems disingenuous to conclude, as a supposed outside observer, that they will loudly disapprove of a policy whose empirical effects you actively distort to a general audience. Since he's relatively out of politics now, you'd think Reich would have ground all of his axes and could return to the world of impartiality. For you non-economist readers of DoL, please note that only a few of us in the profession are this dismal. Maybe it's Reich's beard, but I'm reminded of my earlier post about Marx. Why are some people so actively involved in the business of wealth-destruction and regression (philosophically speaking, not OLS)?
September 22, 2005
Gasbag Alert
Governors Seek Gas Price Gouging Probe Note: The article focuses on eight Democrat governors, but several Republican govs (including Perdue of GA and Blunt of MO) have been huffing and puffing about so-called price gouging. HT: Lynne Kiesling
September 20, 2005
Republican Spending/Club for Growth Suit
Brendan Miniter wonders: "Republicans have abandoned small government. Why shouldn't voters abandon them?" An excerpt: The conservative Congress has brought back the welfare state. This isn't all Katrina's fault. Republicans have been kidding themselves for years that they are still the stewards of fiscal conservatism and limited government. The Medicare prescription drug plan is just one example. Run down the list of the some 80 federal entitlements--including Medicare, Medicaid, farm subsidies, Pell Grants and so much more--and it becomes clear that little has been done to take these massive programs off of spending autopilot. Welfare reform and Freedom to Farm in the 1990s were nice, but what has the GOP done lately? In many cases Republicans have ramped up spending and then bragged about it. What we're seeing in the wake of Katrina is that despite all the winks and assurances to the contrary as they passed the energy and transportation bills, Republicans in Congress don't know how to control spending and are at a loss as to why they even should. That's one way to govern. But if Republicans no longer believe in smaller government, why not put the Democrats back in charge? Meanwhile, the FEC has filed a lawsuit against the Club for Growth, one of the few true advocates of limited government and the most effective organization at persuading Republicans (and the occasional Democrat) to stick to their limited government principles. Of course there's more at stake than one's tax bill--like McCain-Feingold and other so-called campaign finance reform, the suit also endangers political free speech. Here's hoping the club prevails.
September 18, 2005
On government employment c. 1905
From Page 6 of the Sept. 18, 1905 NYT : Service under the Federal Government is not an occupation to which we should recommend capable and energetic young men. For the brighter ones the South must afford many opportunities for a better career, a career more profitable and more useful. Not that service of the Nation is necessarily unworthy of the best ability; but as a matter of fact under existing conditions it is apt to be depressing and demoralizing. In the lower ranks the pay is decidedly easier that in business life, and that is, for most men, a benumbing combination. It is true that Government service leaves a man leisure which, if he wish, he may put to excellent use; but those who wish to do so are exceptional.
September 15, 2005
(UN)Constitution Day Bleg
My university is planning a series of events next week in celebration of Constitution Day. A new federal law requires schools receiving federal funding to "implement an educational program pertaining to the United States Constitution ...." A summary of the law can be found here (.pdf). Leaving aside the desirability or (un)constitutionality of this mandate I have a question to ask of the academics out there: (1) Can you tell me what if anything your school has planned for this event? (2) Specifically have any schools out there cancelled any classes to encourage attendance at a particular event? Comments are open--or e-mail me at rlawson at capital dot edu.
Tonight's speech
The President will likely 'apologize" in his speech tonight. He will apologize for the hurricane, the damage, for owning the Texas Rangers baseball team at one time, and for various other sins, real and imagined. It might be nice if he would apologize for declaring roughly the entire country a disaster area. From FEMA's press release page it is apparent that the so-called "disaster" or "state of emergency" status is a new way to distribute money from the federal treasury to the various states. Lord Keynes must smiling somewhere. Which state is not in a state of emergency and how do I, personally, get rich off the deal? Emergency Declaration Ordered for North Carolina, Sep 15 And that's just for the month of September!! Alabama, Mississippi, and Louisiana were declared to be states of emergency in August.
September 14, 2005
I bet the trains run on time in Singapore too.
I've long thought that Thomas Friedman is the best (i.e., least bad) liberal (in the modern corrupted sense of the word) columnist in the MSM. His recent NYT aritcle (registration required) is about the U.S.'s inept handling of Katrina with comparisons to Singapore's efficient government. Here are the final two paragraphs from his column: Janadas Devan, a Straits Times columnist, tried to explain to his Asian readers how the U.S. is changing. "Today's conservatives," he wrote, "differ in one crucial aspect from yesterday's conservatives: the latter believed in small government, but believed, too, that a country ought to pay for all the government that it needed. "The former believe in no government, and therefore conclude that there is no need for a country to pay for even the government that it does have. ... [But] it is not only government that doesn't show up when government is starved of resources and leached of all its meaning. Community doesn't show up either, sacrifice doesn't show up, pulling together doesn't show up, 'we're all in this together' doesn't show up." Ahem, did he say "starved of resources"? Horse pucky! No one can seriously claim, especially in comparison to low tax Singapore, that the U.S. government is "starved of resources." No one. No one. Inept, yes; corrupt, maybe; starved of resources; no way. There is much to like about Singapore and much not to like. I find myself having to defend Singapore's high ranking in the economic freedom index all the time in fact. But I would take our inept and possibly corrupt democracy over an efficient and honest dictatorship any day. Holding up dictatorships (even high functioning ones like Singapore's) as examples for the world to follow is dangerous business and Friedman of all people should know better.
Give me a knife
A news item: House Majority Leader Tom DeLay said yesterday that Republicans have done so well in cutting spending that he declared an "ongoing victory," and said there is simply no fat left to cut in the federal budget. No, sir, Republicans have passed a series of bloated budgets and presided over an orgy of pork barrel ranging from bridges to nowhere in Alaska to flowers for the Ronald Reagan freeway in California. To suggest otherwise is to reveal yourself as being disconnected from reality.
September 12, 2005
Ugly politics department
Bumper sticker seen today: "SHOOT the LOOTERS: Halliburton, KRB, Exxon, Shell" So, just the executives, or all the employees? The shareholders too?
September 04, 2005
Government Priorities?
The four [reality TV stars visiting a local school] were paid $1,700 apiece for their half-days at the school — from a Smaller Learning Communities grant funded by the U.S. Department of Education. [Story.] Uh, how many bottles of water can you buy with $6,800?
September 03, 2005
History repeats itself?
From the Sept. 3, 1905 NYT, is a story about refugees in the South, fleeing this time Yelow Fever. Friar's Point, Miss., with a population of 1,500 has been reduced to less than 300 by the flight of refugrees to Memphis and further North. The City of Natchez lost about 30 per cent. by departures, and Vicksburg about 20 per cent. The story focuses on a "new" form of graft that had developed during the Yellow Fever outbreak and subsequent quarantines - selling health certificates, which were required to leave one town and enter another. Descriptions of scenes eerily similar to what is happening in New Orleans: Refugees and the general public are suffering. Mothers with babes in their arms have been foced to remain in detention camps at the Arkansas end of the [Memphis] bridge, in some instances for six days, before being allowed to continue through Arkansas. It seems that, no matter how sophisticated we think we are (what with Starbucks lattes and BMW's and DVDs) in times of crisis there is almost never a complete or well executed plan in place. There are a lot of people blaming Washington, the President, and Congress, for what seems to be a slow response. I tend to sympathize with the argument that something could have been done before yesterday - after all, wouldn't Bill Gates or Ross Perot be able to make a phone call and have water/food delivered within hours? - but if one sits back and thinks about it for a second, to have a reasonable response in place in less than a week is actually quite impressive. The lessons to be learned. First, get out if you can. Second, you need five to seven days of food and water. Five to seven days is simply the amount of time it will take to engage the logistics of the plan to get help to any disaster-struck large city.
September 02, 2005
Do You Shoot Looters?
Economics is the study of choice. It can also be thought of as the study of consequences. Through the mass media pundits can call for policies without ever having to confront the consequences. The latest policy suggestion from the chattering heads is that the government should have had a zero tolerance policy on looting. How do you enforce a zero tolerance policy on looting in either Baghdad or New Orleans? You don’t have the resources to arrest and detain looters during an emergency. The only viable means of stopping looting is to shoot looters. Unless you are willing to mount that credible threat, waving guns and issuing warnings will have no effect. Marauding looters scurry past burly cops waving shotguns without a thought. Any attempt to stop the looting is simply a charade for the MSM. Both the cops and the looters know that the use of deadly force will land the cop in jail and the police chief in front of a congressional commission. There may be times when civic order may be exchanged for a few lives, especially when it saves more lives in the long run. But this is not an easy decision. Looters liberating milk for their babies may be difficult to distinguish from those stealing drugs. In any case, it is the demonstration of force and not who is shot that restores civic order. Those who criticize the government for not having a zero tolerance policy on looting should be forced to confront the consequences. Will they also propose shooting looters?
August 31, 2005
Randy Barnett, Tory Guru?
The Observer reveals that British politician David Davis, considered a front-runner to take over leadership of the Conservative Party, has been favorably impressed by Volokh Conspirator Randy Barnett’s arguments for liberty and the rule of law. Although not the part about liberty to use cannabis. Pet peeve: I wish newspapers would stop describing libertarian and classical-liberal views, like Barnett’s and the IEA’s, as “right wing” and “conservative”. Hat Tip: Stephan Kirchner at Institutional Economics.
August 30, 2005
Oh Boo Hoo
The military transport plane carrying Senators Lugar and Obama is delayed three hours by Russian border police. International incident ensues. Russia apologizes. [Story.] I meanwhile miss the last flight to Columbus from Boston last week in no small part because of the American border police. This causes me a 13 hour delay in getting home. Where's my freakin' apology?
August 26, 2005
GDP as political football?
This CBO Report, which I haven't read in its entirety, provides the following table of projections: If this projection is at all accurate does GDP become less of an issue in future national political campaigns? JFK's arguments that the U.S. economy was in the garbage heap fell flat last time around. In the future, do the Dems and Repubs figure out that when the economy is 16 trillion dollars - 19 trillion dollars it will be harder to argue that the economy is in the "worst shape in fifty years" and so forth while keeping a straight face?
August 19, 2005
New London Strikes Back
The secondary effects of the SCOTUS ruling keep coming in. So, not only do these homeowners get kicked off their property for no good reason, not only do they not receive just compensation, but they also owe several thousands of dollars in back rent. An interview in Reason discusses the problem of senility among members of the Court, and whether there should be an age limit. Interestingly, the oldest is Stevens at 85, who is younger than the 87-year-old woman whom he helped get kicked out of her childhood New London home.
August 11, 2005
Sadly, This Is No Surprise
"The federal government used hurricane aid money to pay funeral expenses for at least 203 Floridians whose deaths were not caused by last year's storms, the state's coroners have concluded. The deaths include a Palm Beach Gardens millionaire recovering from heart surgery who died two days before Hurricane Frances; a Miami baby not yet born when the storm arrived; and a Port Charlotte man who died of cirrhosis and heart failure five months after Hurricane Charley." Full story here.
August 10, 2005
The Kamehameha Schools case
May a private, nonsectarian, commercially operated school, which receives no federal funds, purposefully exclude a student qualified for admission solely because he is not of pure or part aboriginal blood? So asked Judge Bybee in his majority opinion in Doe v. Kamehameha Schools. In a 2-1 decision handed down last week, a panel of the 9th Circuit Court of Appeals said no, the school may not exclude students on grounds of ancestry. The schools are appealing the decision. The Kamehameha Schools were established with a bequest from the Hawaiian Princess Bernice Pauahi Paki Bishop (1831-1884). Some 15,000 Hawaiians took to the streets of Honolulu on Saturday to protest the decision. Governor Linda Lingle was among the speakers denouncing the court decision. I personally don’t like the idea of race- or ancestry-based admissions, no matter which way the preferences cut, but hey, it’s not my school. Seems to me that admission policy should be totally at the discretion of the owners or trustees of any privately funded school. I hope some of the bright lawyers at the Volokh Conspiracy will weigh in on the legal issues involved in this case. An interesting sidenote I haven’t seen mentioned elsewhere: the founding trust documents for the Kamehameha Schools – the wills and codicils of Bernice Pauahi Paki Bishop -- are available online. The will does not specify admissions preference for students of Hawaiian ancestry. But it does specify that school faculty must be Protestants: I also direct that the teachers of said schools shall forever be persons of the Protestant religion, but I do not intend that the choice should be restricted to persons of any particular sect of Protestants. I can’t find any information on the schools' site as to whether the trustees still carry out or defend that preference. Comments are open.
Unions' Anti-Wal-Mart Stunts
In today's WSJ, Alan Murray writes on two unions anti-Wal-Mart publicity stunts. My favorite part: "To date, there is no sign this strategy is hurting Wal-Mart's sales. Wake-Up Wal-Mart boasts 68,000 registered members -- roughly the same number of people who walk into a Wal-Mart every five minutes." Lots of people voting with their feet and their wallets.
August 06, 2005
Florida State Wombats?
A little news item for your "political correctness" file: NCAA Bans Indian Mascots, Nicknames From Postseason Events Are they going to stop the FSU fans from doing the warchant too? I'd like to see the NCAA try that.
July 29, 2005
Rational Voter Sighting
From politicsphilly.com (scroll down): A short blurb about election day hijinks in the August 1st edition of Business Week: An Philadelphia they're calling it "The Cheese Caper." A Deputy City Commissioner asked the District Attorney's office to investigate who passed out flyers on primary election day -- May 17 -- promising free cheese to voters for particular candidates. The flyers are topped by a handwritten scrawl, "Come Out + Vote," adding below, "For Who Ever." In type, they say "Free Cheese." The flyers list two candidates, both Democrats, running in an area dominated by the 300-plus-unit Hill Creek housing project. "This guy comes to the polls, votes, and asks us for his free cheese," says Eileen Kleindienst, a Republican judge of elections. Geraldine Hacker, the Republican official who sent Kleindienst's complaint to the DA, thought the food might be from a government nutrition program. The woman who wrote the flyers, Hill Creek tenant council President Gerri Robinson, doesn't think she did anything wrong. "The people around here, you can't get them to come out and do nothing unless you're giving them something," she says. Besides, she adds, the flyers worked: The two cases of cottage cheese were gone by day's end.
July 27, 2005
Those who can, do. Those who can't, can't do it alone.
I was listening to Rush on the drive to lunch, and a caller who was a teacher expressed support for the No Child Left Behind Act because, and I'm paraphrasing, "it makes parents more accountable for their child's education. We teachers can't do it alone." Now, I'm all for accountability in general, and in your child's education in particular. But it made me wonder why we so readily accept that type of statement as an excuse for the demonstrably horrible service from the bureaucracy providing this "public" good. Have you ever heard the following: Mailman: "You know, you really should take this letter and deliver it yourself. It's just across town. We mailmen can't do this job by ourselves." Dogcatcher: "Sorry sir, but you have to be more responsible for the stray dogs in your own neighborhood." Military: "You all really need to start taking more responsibility for protecting your own country. We can't do it alone." So why do we let public school gov't employees get away with it?
July 25, 2005
I am Not a Federalist!
The Demoncrats are conducting a witch hunt. Soon every lawyer and judge will be dragged in front of the Senate Judiciary Committee and asked. “Are you now or have you ever been a member of the Federalist Society?” According to the New York Times.
There have been conflicting news reports over the past few days as to the extent of Judge Roberts's association with the society, formed two decades ago by conservative judges and lawyers hoping to counter what they saw as growing liberalism in the courts. Judge Roberts declined to answer questions on the topic today on Capitol Hill, which he visited for a fourth day of get-acquainted meetings with senators. He conferred with Senator Dianne Feinstein, Democrat of California and a member of the Judiciary Committee. To “Bottle-opener” Senator Ted Kennedy we can only ask, “Have you no decency, Sir?” Possible substitutions Update from the Washington Post, Roberts may have been a card carrying member of the Society. Roberts Listed in Federalist Society '97-98 Directory Supreme Court nominee John G. Roberts Jr. has repeatedly said that he has no memory of belonging to the Federalist Society, but his name appears in the influential, conservative legal organization's 1997-1998 leadership directory.
July 19, 2005
One economist's prediction
Whomever Pres. Bush nominates for the Supreme Court this evening, the Democrats will protest and howl that they want a uniter not a divider, that they don't want extremists on the court, and therefore it is unfortunately necessary for the Senate Democrats to invoke the judicial filibuster. The Republican response will be interesting. Do they pull the trigger on the "constitutional option" or do they try to buy off the Democrats with something/someone else? What if Bush nominated someone who doesn't have a law degree? I know it won't happen but that too would be interesting.
July 15, 2005
Prison and Radical Islamism
Mona Charen points out that prisons are breeding grounds for radical Islamism. It is especially appealing to violent and disaffected young men, many of whom are serving sentences for drug convictions. Is this another unintended consequence of the war on drugs? Would you rather live next to a druggie or a radical terrorist? I prefer the individual who is more directed at killing himself, rather than others. Maybe it is time for Huxley’s soma dream.
July 14, 2005
Take Back The Memorial Petition
To Governor George Pataki, Mayor Michael Bloomberg and the Lower Manhattan Development Corporation: We, the undersigned, believe that the World Trade Center Memorial should stand as a solemn remembrance of those who died on September 11th, 2001, and not as a journey of history's "failures" or as a debate about domestic and foreign policy in the post-9/11 world. Political discussions have no place at the World Trade Center September 11th memorial, and the International Freedom Center honors no one by making excuses for the perpetrators of this heinous crime. The memorial should be about what happened that day, about the brave heroes who risked their lives so selflessly, and about the innocent lives that were lost... nothing more.
Hillary Clinton channels Tipper Gore
Last night on the Daily Show, Jon Stewart gave a hard time to author Bernard Goldberg about his book 100 People Who Are Screwing Up America, on the grounds that Goldberg was ragging on “mostly powerless” celebrities who are merely contributing to cultural crassness and shrillness. Goldberg’s real targets, Stewart advised, should be people in government with real power over our lives. Although it’s always easy to fault an author for not writing a different and more important book, Stewart has a point. What we really need to worry about are people like Senator Hillary Rodham Clinton, D-NY, who is threatening legislation to keep violent video games like Grand Theft Auto out of teenagers’ hands. Wrote Clinton to the Federal Trade Commission today: There is no doubting the fact that the widespread availability of sexually explicit and graphically violent video games makes the challenge of parenting much harder. I will be exploring legislation to help parents with this challenge when it comes to purchasing video games soon and I hope you will work with me to ensure that the ratings system - the best tool parents have to filter this material - is meaningful. The games ratings system is currently non-governmental, run by an industry group. Clinton is advocating that the federal government forcibly take over the system. Carjack it, you might say. I’m willing to grant that Grand Theft Auto – where the objective is to steal cars and kill people who get in your way – is morally corrupting. But as a parent, I found it fairly easy to keep such junk out of my young childrens’ hands: I didn’t buy them a video game system. Even the most benign video games are typically mind-numbing and develop only the trigger finger. Get your kids a mind-exercising PC instead, and filter the internet as you deem appropriate. I wonder whether the Daily Show will give a hard time to Senator Clinton’s proposal. Btw, the show's studio guest tonight will be the generally sensible Fareed Zakaria, author of The Future of Freedom: Illiberal Democracy at Home and Abroad (which I recommend).
July 13, 2005
No pork for Boise
In the course of a fairly sensible op-ed about homeland security, former Senator (D-Missouri) Tom Eagleton comes clean about having been a pork-barrel spender in office: Even Boise, Idaho - not exactly high on al-Qaida's list - is getting antiterrorism money. In other words, we are treating homeland security money like pork-barrel spending, and pork goes where pork-loving senators - as I was and Sen. Christopher S. "Kit" Bond is - guide it. Now that he’s out of office, of course, he’s against pork. Or at least against some pork. Note the curious clause that begins the next sentence: Pork-barrel spending may have its place in politics, but not when it comes to fighting terrorism, which is literally a life-or-death matter. Applying the “life-or-death matter” criterion, I infer that pork likewise has no place in spending on: national defense, VA hospitals, medical research, highway safety, water projects …
Welfare: The Root Cause of Terrorism
We will soon find out more about the terrorists (yes MSM, this is the correct term) that attacked London. It is likely that all of these characters have probably spent a considerable amount of time on the dole. You might want to recall this article from 2001 in Slate by Mickey Kraus that documented the link between welfare payments and terrorism. The logic is pretty straight forward. If you are looking for a job to feed your family, you don’t have time to read terrorist literature, mope around the mosque, or build bombs. Kraus doesn’t include the US and UN subsidies to Palestinian refugee camps or government subsidies to student terrorists. Only a wealthy society like ours can support terrorism in the style it has become accustomed to. We like to blame the Saudis for supporting terrorism, but they are pikers compared to the Western governments. If we include all transfer payments in support of terrorism, the likelihood that a terrorist has received some government support is no doubt close to 100 percent.
Update via Charles Krauthammer on the killer of Theo van Gogh
TWO fugitive London bombers have been living in Britain on state benefits, it emerged last night. Somalian Yasin Hassan Omar, 24, received £23,000 in housing benefit over six years while living at a flat in Southgate, North London, which was raided yesterday. Flatmate Muktar Said-Ibrahim tried to bomb a bus.
July 02, 2005
Nixon to Bangladesh: Drop dead
Recently declassified Nixon White House tapes show Tricky Dick to have been even more of an inhumane power-abuser than previously realized. While (West) Pakistan’s military slaughtered an estimated 3 million civilians in trying to put down the secession of Bangladesh (then East Pakistan), Nixon and Henry Kissinger continued to aid and support Pakistan’s military dictator General Yahya Kahn, apparently because (1) Nixon didn’t like India’s prime minister Indira Gandhi, who favored Bangladeshi independence, and (2) Nixon had “special feelings” for General Khan, who was one of Nixon’s communication links to Red China. Most incredibly, Nixon and Kissinger were willing to risk a superpower confrontation to stop the government of India (being flooded with Bangladeshi refugees) from sending troops over the border to help Bangladesh win its independence. (India eventually did, Pakistan quickly surrendered, and Bangladesh became independent.) In the words of Asia Times reporter Debasish Roy Chowdhury, Nixon to put India in a spot, even went to the extent of pleading with the Chinese to initiate troop movements toward the Indian border in coordination with Pakistan, and assured it support in case the Soviet Union jumped into the fray. Near the end of the war, in a highly secret meeting on December 10, 1971, Kissinger pitched the idea to Chinese ambassador to the UN, Huang Ha. The declassified documents reveal that China took a couple of days to think about it and finally said it was not game, much to Kissinger's disappointment. When the US consul general on the scene protested that the US should be denouncing the Pakistani atrocities, Nixon cabled back: "Don't squeeze Yahya at this time." And Nixon wasn’t just limited to talk: The US government supplied military equipment worth $3.8 million to the Pakistani dictatorship after the genocide started, even after telling Congress that all shipments to the regime had ceased. Throughout the war, the US government tried everything in its power to hinder India. The US policy included support of Pakistan in the United Nations, where it branded India as the aggressor, and putting pressure on the Soviets to discourage India, with the threat that the US-Soviet detente would be in jeopardy if Moscow did not play ball. When war broke out, Nixon promptly cut off economic aid to India, and at one point dispatched the nuclear-powered aircraft carrier USS Enterprise to the Bay of Bengal to "intimidate" India. When nothing worked, it pleaded [with] China to join the war to scare off India. Incredible. Thank goodness the US government has stopped playing geopolitical power games in Asia. Oh, wait ... HT: William Marina at Liberty and Power.
June 30, 2005
Here's dirt in your eye
Hat tip to Boortz again: one of his reading assignments includes this link to a blog site: "Let’s throw some serious sand into the gears of the government machine. They have asked for real property, so let us send it to them," and provides addresses of the five Justices and some of the New London bad guys to which you can send dirt from your own property. I'm thinking of shipping off some Louisiana soil myself to Justice Bow Tie. Also, I was immensely relieved to hear this morning on NPR's "Morning Edition" that officials ruled Roy's (of Siegfried and Roy) tiger to be innocent in his mauling. Not very exciting, but click on the "listen" button, and at the 20-second point, hear the dismissal of another possible reason for the tiger attack (prior to dismissing "a scheme by animal rights activists"). I guess W talking about the "Streak of Evil" would just confuse people.
June 28, 2005
This is too good to be true, but wouldn't it be great!?
Weare, New Hampshire (PRWEB) Could a hotel be built on the land owned by Supreme Court Justice David H. Souter? A new ruling by the Supreme Court which was supported by Justice Souter himself itself might allow it. A private developer is seeking to use this very law to build a hotel on Souter's land. [Press Release.] [HT: Brad Smith] BTW, Craig is right (see below). That Google Earth thing is seriously cool. I just took a birdseye tour of the Grand Canyon including the hiking route I'm planning for April '06.
Who was John T. Flynn you ask?
My good friend, former DoL blogger, and Ashland University history professor John Moser, has a new book out titled Right Turn: John T. Flynn And The Transformation Of American Liberalism. I just bought a copy. Get yours while you can!
June 27, 2005
Iraq War Casualties
This is an interesting depiction of Iraqi War casualties from March 2003 through June 2005. It is apparent that the "insurgency" is mainly concentrated in the so-called Sunni triangle - with lots of activity in Bagdhad, obviously. There seem to be many in the government that are talking down our military. This is not terribly surprising because the "war" isn't a galvanizing war such as WWI, and especially WWII. It is not clear that any war we might be involved in would be as "galvanizing" as previous conflicts. Whether sitting members of Congress made a habit of stating that "we are losing" in WWI, or WWII, I don't doubt that it happened. I know that there was continual bickering during the Civil War - but it is still bad form in my opinion. At a 2000 Liberty Fund conference I argued that the U.S. didn't have the stomach for D-Day style tactics and casualties. Our capital intensive military, which became necessary after the draft was ended, had basically reduced the casualty count to such an extent that it would be difficult to imagine the U.S. population "accepting" 4,000 dead in a day. I wonder if we wil see more calls for our extrication from Iraq given the female casualties we suffered last week. This was the center of another discussion between myself and a few others at the Liberty Fund conference - whether the U.S. military should place women in combat situations. My claim was that sufficiently high female casualties would turn popular support against any war (rather than against withdrawing female soldiers and marines), which if known by our potential enemies would make our military a less effective deterrent. If female casualties mount in Iraq, it will be interesting to see if those who insisted on women having equal access to military MOS's and enemy fire are the first to insist that we must withdrawl because of female casualties.
June 25, 2005
Has Tom Cruise been reading Tom Szasz?
Shades of "The Myth of Mental Illness": The star of War of the Worlds challenges psychiatry and its methods, in an interview with Matt Lauer on NBC's Today show. Cruise had recently criticized Brooke Shields for revealing that she had taken an anti-depressant drug for her post-partum depression, and Lauer asks him to explain: Cruise: I've never agreed with psychiatry, ever. Before I was a Scientologist I never agreed with psychiatry. And when I started studying the history of psychiatry, I understood more and more why I didn't believe in psychology. ADDENDUM: I didn't mean to suggest more of an overlap between Szasz and Scientology than really exists. As is clearly explained here, while the religion of Scientology shares some "anti-psychiatry" conclusions with the libertarian Szasz, their arguments are quite distinct.
June 23, 2005
Who cares about property rights? American Idol is on!
Sigh. I'm sure I won't be the first on this site to express anger/sadness at this decision today.
June 19, 2005
Fahrenheit 451
With our own politicians comparing U.S. prisons to the Soviet gulag it is sobering to hear from someone like Pavel Litvinov who was there. It is also sad to know that Fahrenheit 451 (not 911) is real. The man took Sinyavsky to the furnace room, where a group of people were squatting in the dark recesses. In the light of the furnace flame, one of the men got up and started to recite the biblical passages by heart. When he stopped, the stoker, an old man, said: "And now you, Fyodor, continue." Fyodor got up and recited from the next chapter. The whole text of the Bible was distributed among these prisoners, ordinary Russians who were spending 10 to 25 years in the gulag for their religious beliefs. They knew the texts by heart and met regularly to repeat them so that they would not forget. And this happened in 1967, when the gulag had become smaller and the Soviet regime milder than it had been under Stalin.
June 16, 2005
Hamilton Naki
The Economist has the 'rest of the story' (with apologies to Paul Harvey) about the famed first heart transplant by South African doctor Christiaan Barnard in 1967. The heart was taken from the donor body (a white woman) by -- gasp! --a black man, Mr. Hamilton Naki. Later Dr. Barnard transplanted it into the recipient to the acclaim of the world. Naki was a highly skilled surgeon but because he was black he was not allowed to operate on whites in Apartheid South Africa. The hospital skirted this law by hiring (and paying) him as a gardner. Naki just died at the age of 78. But get this. Mr. Naki would not be allowed to operate in the United States either--not because he is black of course, but because... Read More »
June 15, 2005
Welcome to Flavor Country
Our local dog trainer reports this morning that our governor's plan to boost teacher (including professor) salaries through a cigarette tax fell through. It was a legislative bill proposed by Blanco, but she couldn't muster the votes and thus withdrew the plan. I guess we won't get to see whether we could be taxed into prosperity.
June 07, 2005
Bush/Kerry College Grades
Well, well--dumb George made fewer Ds than smart John. Overall, their grade point averages were similar. Story here; ht Drudge. Of course, Bush and Kerry went to college before the heydey of grade inflation. For more see gradeinflation.com; scroll down for a chart of GPAs 1967-2002.
June 06, 2005
Oinky, Oinky, Oinky
Yesterday's Rome News-Tribune reports (sorry no link) that Floyd County (home of Rome and Berry College) will get $299,400 in homeland security funds from the state of GA. File this one away for next time the crowd under the gold dome in Atlanta start pleading poverty and pitching tax increases.
June 03, 2005
History 101
Here's an interesting interview with University of Dayton historian, Larry Schweikart about his new (co-authored) book, A Patriot's History of the United States [Hat tip: Ann Reed]
June 02, 2005
The Anti-Wal-Mart Jihad Continues
From today's AJC: Union organizers, lawmakers and community activists Wednesday accused retail giant Wal-Mart of failing to provide affordable health care coverage to its low-wage workers and leaving a $13 million-a-year bill for Georgia taxpayers. "In state after state, Wal-Mart is directly shifting its health care costs and responsibilities to the taxpayers," said Steve Lomax, president of United Food and Commercial Workers Local 1996. "It's wrong, and it needs to stop." I've dealth with this one before--see here. And for today's F in economics we have this paragraph: Richard Ray, president of Georgia State AFL-CIO, said many Wal-Mart employees earn $17,000 to $18,000 a year and can't afford to pay 10 percent of their salary for health care under the company plan. If union busybodies succeed in mandating that Wal-Mart include "health care" as part of its compensation package those folks making $18k per year in cash would make less, probably about 10% less. Repeat after me, incidence depends on the elasticities of supply and demand ... Another snippet: It's based on a Georgia Department of Community Health survey, showing 10,261 of the 166,000 children covered by Georgia's PeachCare for Kids health insurance in September 2002 had a parent working for Wal-Mart Stores — far more than the state's other large employers. If unionists and "community activists" really care about workers (rather than sticking it to Wal-Mart) they'd actually encourage more employers to pay cash, offer few medical benefits, and have workers get health coverage from taxpayers (who are probably higher income and pay higher taxes than do Wal-Mart employees). That way workers would have $18k in pay plus medical coverage. Hmmm... I wonder if I should start a Wal-Mart category. Maybe I should stop gnawing on this old bone.
Flat Tax Hypocrisy
This paragraph appears in the USA Today article quoting Prof. Gwartney: "But Social Security can be a tough tax to dodge because it is a pure flat tax, skimmed off the top before deductions. It applies to all income earned for services rendered, so its reach is extremely broad, covering endorsements and bonuses." This seems to suggest that applying a pure flat tax to wealthy folks incomes would be a good thing because it is a tough tax to dodge. How come we never hear this argument in discussions of switching from the current tax montrosity to a flat tax? If soak the rich types think making SS taxes difficult for wealthy to dodge then why shouldn't they make the same argument for reforming the income tax? Methinks the goal here is simply to raise or eliminate the SS earnings ceiling. ADDENDUM: Nice posts Josh--the Mellencamp one is especially good.
May 31, 2005
So Deep Throat wasn't Pat Buchanan after all!
May 27, 2005
Viagra: It's Not Just for New York and Florida Sex Offenders
As Tyler Cowen of MR posted recently, Medicaid has paid for FL and NY sex offenders to receive Viagra. Today's Atlanta rag reports that Georgia has also done so.
May 25, 2005
It's a Dynamic World
Yesterday the House passed a bill calling for the use of embryos created for IVF but never implanted to be used for stem cell research. The underlying idea is that these "excess embryos" would be discarded so they might as well be used for research purposes. Well here's one (of perhaps many) reason not to do so--it's a dynamic world. Using so-called excess embryos for research might create an incentive to produce more IVF embryos thereby leading to more embryos being destroyed.
May 21, 2005
The costs of Iraq
Because I’ve repeatedly criticized Paul Krugman’s columns on Social Security, I should note for the sake of fairness that I think his recent column on Iraq is basically right. Saddam was a bad guy, but not a threat to the United States (neither via WMDs, nor via terrorism). The invasion and occupation have been very costly. The sensible course is to get out sooner rather than later.
May 16, 2005
Haven't heard this interpretation 2
Re: Newsweek retraction of Koran-flushing story.
Haven't heard this interpretation 1
Re: Republican anger over Democratic Senators filibustering judicial appointments.
May 11, 2005
The need for a secular political philosophy
Jonah Goldberg on NRO: In other words, while Christianity may be a complete philosophy of life, it is only at best a partial philosophy of government. [...] I don’t mind at all a president who has a personal relationship with Jesus. It’s just that I don’t think Jesus is going to have useful advice about how to fix Social Security.
May 10, 2005
"I love freedom more than I hate cigarette smoke"
Those are the admirable words of my state senator Preston Smith. Alas he was in the minority; the legislature passed and the governor signed a state ban (with a few loopholes) on smoking in public places. Kudos to Senator Smith for the good fight. Better news--GA has repealed its requirement that one give a fingerprint when getting a drivers license. Better yet would be abolishing drivers licenses.
May 09, 2005
Lobbyists are Constitutionalists?
On the way to kung fu class on Friday I was listening to NPR (either that or Paul Harvey, what would you pick?) and heard a story on lobbyist Jack Abramoff who apparently is another fuff in the Tom DeLay kerfuffle. Inevitably, this story was followed by a "commentary" by one Jay Bryant who argued that lobbyists protect the only part of the first amendment that never gets any rousing support. Sure, we all want to protect freedom of religion, speech, the press, and assembly, but who protects the right "to petition the government for a redress of grievances?" Why, lobbyists do, of course.
April 25, 2005
Libertarianism 101
Got 5 minutes to spare? Check out this seriously cool Flash animation introduction to the libertarian philosophy courtesy of ISIL.
April 20, 2005
Viva il Papa!
As soon as Cardinal Ratzinger appeared on the balcony at St. Peter’s, the media began a trashing of the new pope. An excellent article on the new pope that cuts through the liberal smoke screen has been posted on NRO by Michael Novak. Pope Benedict XVI is no reactionary cretin. As seen from the Left, his major fault is that he opposes totalitarian leftist movements that attempt to eliminate debate.
The new pope’s first battles may be closer to home than most people expect. We need only observe what is going on at Catholic universities to see that moral relativism is a significant challenge to those who favor democracy
April 19, 2005
Think Tank's Ideas Shifted As Malaysia Ties Grew
The WaPo reports, For years, the Heritage Foundation sharply criticized the autocratic rule of former Malaysian prime minister Mahathir Mohamad, denouncing his anti-Semitism, his jailing of political opponents and his "anti-free market currency controls." Then, late in the summer of 2001, the conservative nonprofit Washington think tank began to change its assessment...
April 17, 2005
Free speech or fund raising?
Speakers with highly politicized and biased points of view currently bounce from campus to campus receiving large publicly subsidized lecture fees. These rote speeches remain the same throughout the entire lecture circuit. Moreover, the speeches are widely reported in the press so that there is little new information to be gained at any of these gatherings. The purpose of these lectures is to politicize; it is not to inform. The effect is to channel public money into causes that the majority of voters may find reprehensible. Were these lecture fees set in a private market I would have no problem with them. However, these fees are mainly set by agents who are not accountable to the public. I find it difficult to justify a lecture fee of $20,000, or even $5,000, for a persuasive speech, when similar expression can be found on C-span at minimal cost. One way of getting a more diverse platform of speakers is to limit publicly supported fees to travel plus $1,000. Is there a problem with this proposal?
April 14, 2005
Those in glass houses?
Here is a partial(?) list of congress-people with relatives on the payroll. Tom DeLay is the latest Republican to be on the hot seat, but seems to have done little more than what others have done (not a great excuse, but hey it's Washington) - what DeLay has really done is get the statists to hate him. I don't have much love for the Republicans, but you would think they would get tired of being "forced" out because the statists used the political/media machine to grind them up.
April 13, 2005
Andrea Dworkin, RIP
The vitriolic lesbian feminist author and censorship advocate Andrea Dworkin has died at age 58. Her views were mind-boggling, including what was very nearly the view that all sex is rape. In one book she described sex as “the pure, sterile, formal expression of men’s contempt for women.” Perhaps the most remarkable quote from Dworkin reported in her obituaries is this one, from the Times Online, quoting her book Pornography: Men Possessing Women. The book maintained that “Pornography exists because men despise women, and men despise women in part because pornography exists.” Sure. And Sports Illustrated exists because men despise sports.
April 12, 2005
"Economic Death Spiral"
Now that Robert Samuelson of the WaPo--one can't get more mainstream--has weighed in on the need for entitlement reform, perhaps the Democrats ostriches will get serious about restructuring the programs.
FEC Commissioner Brad Smith to Speak at Capital University
George H. Moor Chair Lecture Unfree Speech: The Folly of Campaign Finance Reform Bradley A. Smith Bradley A. Smith was nominated to the Federal Election Commission by President William Clinton on Feb. 9, 2000, and confirmed by the U.S. Senate on May 24, 2000. He served as chairman of the Commission in 2004. Smith is on leave from Capital’s Law School, where he has taught Election Law, Comparative Election Law, Jurisprudence, Law & Economics, and Civil Procedure. Smith’s writings on campaign finance and other election issues have appeared in the Yale Law Journal, the University of Pennsylvania Law Review, the Georgetown Law Journal, the Harvard Journal of Legislation, the Cornell Journal of Law & Public Policy, and other academic journals. As a law professor, Smith was a much sought-after witness in Congress on matters of campaign finance reform, and also a frequent guest on radio and television and a contributor to popular publications such as the Wall Street Journal and USA Today. He is the author of Unfree Speech: The Folly of Campaign Finance Reform (Princeton University Press, 2001).
April 11, 2005
The 65% Solution
From George Will: "PHOENIX -- Patrick Byrne, a 42-year-old bear of a man who bristles with ideas that have made him rich and restless, has an idea that can provide a new desktop computer for every student in America without costing taxpayers a new nickel. Or it could provide 300,000 new $40,000-a-year teachers without any increase in taxes. His idea -- call it The 65 Percent Solution -- is politically delicious because it unites parents, taxpayers and teachers while, he hopes, sowing dissension in the ranks of the teachers unions, which he considers the principal institutional impediment to improving primary and secondary education. The idea, which will face its first referendum in Arizona, is to require that 65 percent of every school district's education operational budget be spent on classroom instruction. On, that is, teachers and pupils, not bureaucracy. Nationally, 61.5 percent of education operational budgets reach the classrooms. Why make a fuss about 3.5 percent? Because it amounts to $13 billion. Only four states (Utah, Tennessee, New York, Maine) spend at least 65 percent of their budgets in classrooms. Fifteen states spend less than 60 percent. The worst jurisdiction -- Washington, D.C., of course -- spends less than 50 percent." Will later notes that in a "recent five-year period only 62 of California's 220,000 tenured teachers were dismissed." Here's an idea for improving teacher quality--adopt something like Jack Welch's policy of firing the worst performing 10% annually. Call it the 10% solution! Of course, neither the 10% solution nor the 65% solution would be ideal because they ignore local knowledge and circumstances.
The Unbalanced Academy
Of the 341 professors registered to vote in Hanover, NH, Lebanon, NH, and Norwich, VT, 225 (66 percent) are Democrats and eighteen (5 percent) are Republicans. Ninety-eight (29 percent) did not register a party. Put another way, there are 12.5 registered Democrats for every registered Republican. [Story.]
Future of TSA
This WaPo article from Friday reports the TSA's mission is shrinking its focus to airport screeners. A good start but why not ditch government screeners as well? While returning from the APEE meetings last week, I found myself in a lengthy line in the Orlando airport. From my line, I could view a screener in the adjacent line. I doubt looked at 50% of the items going by her xray machine. She'd occasionally look up at the screen and she'd sometimes pause the belt as though she was carefully examining a piece of luggage, but most of the time she simply stared down without paying attention to xrays of bags passing by. Yes, it's a tedious job so the screeners probably rotate positions every so often. And yes, there might also be a deterrence effect to having the possibility that a screener will be paying attention when a would-be terrorist is passing his bags through the xray machine. Nonetheless, the bumbling TSA (for more adjectives and a link to Penn Jillette's funny take on security screening, see Dan Alban's post here) seems to be exactly the sort of half-assed government bureaucracy that its opponents feared. ADDENDUM: This is an excerpt from the WaPo article: "TSA, at the end of the day, is going to look more like the Postal Service," said Paul C. Light, a public service professor at New York University and a Brookings Institution scholar who has tracked the agency since its birth in February 2002. Light calls the TSA "one of the federal government's greatest successes of the past half-century" and likens it to the creation in the late 1950s of the National Aeronautics and Space Administration, which was also born during great public excitement to serve an urgent national need. Hmmm ... look more like the Postal Service ... success story like NASA? Yikes! Hat tips: Dan Alban and Mini-Me.
April 08, 2005
Historic Bus Service
There are few things that get a libertarian like me more upset than border checks. "Who the $#%& are they to stop me from moving about peacefully?" I think. Today, they opened "historic" bus service in the Kashmir region of India/Pakistan. Good for them.
April 07, 2005
Hubris or Energy Policy?
CNN.com reports that a couple of congressmen are crafting legislation to extend day light savings time by two months - from March to November. I am a big fan of daylight - especially when I get home from work - but does Congress really need to spend its time on this? Does the issue satisfy marginal benefit = marginal cost?
Such Congressional action will save .05% of daily oil consumption? I doubt it.
April 01, 2005
What does the UN Security Council Do?
From Global Policy Forum is this picture (which is really a pretty clever way to lie with statistics) depicting the vetoes of the permanent members of the UN security council:
Before the Soviet Union collapsed, there were an average of three to six vetoes per year. Since the Soviet Union ceased to exist, the average number of vetoes has dropped to less than three per year. Is this is simply a result of there only being one superpower at the moment or is there something else going on? I would bet that once China considers itself able to go toe-to-toe with the U.S. the number of vetoes per year will once again increase.
March 31, 2005
Makes Me Want to Scream
Howard Dean is back in the news; here's his take on Rick Santorum: Dean joked that Santorum should "stay in Virginia," although he added that the senator was "too much of a right-winger for Virginia. How about Venezuela?" What a moron--Venezuela is run by the LEFTIST Hugo Chavez. From The Economist: Mr Chávez, a former army officer, recently declared himself to be a Fidelista, a follower, that is, of Cuba's communist president, Fidel Castro, his closest ally.
Schiavo Dies
Everybody will have heard by now that Terri Schiavo has died. I sure hope her husband was right and she didn't feel a thing, because dying of dehydration/starvation can not be the best way to go. I haven't blogged on this because this is a very hard case. My knee doesn't jerk one way or the other on this one, and frankly I'm suspect of anyone who thinks this is an easy call. (Initially I leaned toward the husband's side of the argument but have been swayed by the family's side in the end. Still I don't know how I would decide if I were in charge.) One thing really has bugged me though about the debate. I've heard many people who are statists (leftists, modern liberals or whatever you want to call them) criticize Congressional efforts to save her from this fate. On what basis can modern statists possibly say that Congress should not be involved in deciding whether this woman lives or dies? This is the same Congress that they applaud when it regulates every aspect of our freakin' lives. If they don't mind Congress deciding how much water we can use in our toilets, then jeez do they really have anything to complain about here?
March 29, 2005
Flickering FIRE?
I've been an admirer of (and small donor to) FIRE; I think it does good work combatting silliness such as campus speech codes. Thus, I was quite surprised to find that the current issue of FIRE Quarterly contains an article advocating external pressure by the NYCLU on Hamilton College for disinviting Ward "Little Eichmanns" Churchill to its campus. (Link here; scroll down to page 9.) The article is by FIRE board member Michael Myers; here's the salient part: Initially, Hamilton College officials stood Hamilton College is a private institution; it can invite and disinvite anyone it pleases to speak on its campus. Other than rebuking NY politicians for hectoring Hamilton, the NYCLU should have no say in Hamilton's affairs. There are, after all, civil liberties other than freedom of speech (which only applies to government in any case); among the others is Hamilton College's freedom to associate with whomever it chooses.
March 28, 2005
Black Amish?
A pro-union Cleveland pol (is there any other kind in Cleveland?) is in hot water for building her house with non-union labor. Worse yet, the workers are apparently Amish--those notorious individualists renown for violating the labor standards near and dear to the hearts of unions everywhere. The husband justifies the use of non-union labor by claiming the builder is black. Now I've heard of Black Irish, but Black Amish? [Btw, the second picture in the article is of Scott Maag--the son of Capital University's Librarian, Al. Scott has become a regular freelancer for TIME.]
March 27, 2005
Christian Right
The MSM repeatedly explains the support for President Bush in terms of his standing with the Christian Right. I don’t know exactly who this group is supposed to include. I know a lot of people that support George Bush, but only about one or two to whom I would apply that label. I suspect that this term is meant to include groups that support a conservative political agenda because of their faith and not because of any rational or logical examination of the facts. The MSM and their fellow travelers in the academic community consider themselves the arbiters of intellectual thought. Therefore, anyone who does not agree with them must base their position on faith and not rational reasoning. Consequently, I see the Left’s continual blathering about the Christian Right not so much as an attack on religion but rather as a defensive mechanism. There is no longer any cohesive philosophy holding the left together. Marxism is dead and no one seems to recognize what socialism is. Many others have come to the conclusion that the left is simply a grab bag of special interests groups that want to further their accumulations through takings from others. The Left depends on an illogical and irrational faith in big government. There is no Hayek on the left who can build a supporting logical lattice. The attack on the Christian Right becomes a diverting strategy that turns the public's attention away from the non-existing philosophy of the Left. It creates a fog that prevents a logical attack on the issues of the Left. The underlying message of the MSM is, “Look at these silly people. They really don’t know what they're doing. They're doing what they're doing because the Good Book told them so. If you don’t want to be a hayseed or holy roller, or if you are a person of the mind, then you better distinguish yourself from this group.” By labeling conservatives the Christian Right, the MSM is also able to avoid analyzing their arguments. If conservatives are against Roe v. Wade because of religious reasons rather than because of a federal encroachment on state’s rights, then there are no logical issues to be examined. This and other issues, like the ban on stem cell research, can be similarly explained and summarily dismissed as backward faith based beliefs that will eventually give way to an age of enlightenment.
Tweedledee vs. Tweedledum, UK style
If you're looking for an example to illustrate the idea that political parties gravitate toward the center to capture the median voter, look no further than the current UK election contest. Tony Blair's Labour party is projecting 3% real growth in government over the next six years; Michael Howard's Conservatives are (gasp) promising only 2% real growth. The difference, for 2011, amounts to £35 billion. Labour accuses the Conservatives of planning a £35b "cut" in vital social services. The Conservatives promise that they won't cut a thing, only eliminate "waste, fraud, and abuse". Yawn. Anyway, the big news here (I'm blogging from London this morning) this weekend was that a Conservative MP, Howard Flight, has been booted out of the Party by Michael Howard. Flight's crime: he hinted in a speech that further savings in public expenditure might be found once the Tories are in office, contradicting Howard's centrist line that the Tories have no secret agenda for cutting back on the growth of government. If Margaret Thatcher weren't still alive, she'd be spinning in her grave. News story here.
March 25, 2005
Congress shall make no law...
A Columbus-area high school principal has banned students from wearing t-shirts in support of gay marriage. [Story.] [Principal] Best told the supporters of same-sex marriage that he was concerned that other students might respond with shirts of their own and the debate would escalate. Oooooooooh, we wouldn't want the debate to escalate would we? Btw, this is from the Ohio Constitution: no law shall be passed to restrain or abridge the liberty of speech, or of the press.
March 24, 2005
Social Security Event
Yesterday I attended an event on Social Security reform in Atlanta. The event was largely intended to generate media publicity (apparently it got some newspaper coverage but no tv) and included both GA senators, HHS Secretary Leavitt, and Social Security guru Andrew Biggs. My main reason for attending is that my student Ted Crouse was invited to participate and got to pose a question to the panelists. Although the event (and similar events across the country) are supposed to build support for Social Security reform, I am now more pessimistic about private accounts than I was 24 hours ago. The panelists did an ok job describing the mechanics of the private accounts plan and argued that the scheme would make the program solvent and earn better returns for people who choose private accounts. To my mind, however, they did not adequately sell the most appealing part of the private accounts approach--it gives people property rights to their savings and allows them to transfer the funds or leave them for heirs. For example, what happens if I die when I'm age 60? Under the current scheme I'll have paid in years and years of taxes and have essentially nothing (except, perhaps, a small boost in my surviving wife's benefit). Under private accounts, I could pass the accumulated funds to my wife and son. This to me is a much more promising strategy than a green eyeshade discussion of making the program solvent or allowing people to earn a one or two percentage point higher rate of return than they would under the current system.
March 23, 2005
OU President acting "like a 3-year-old"
For those of you who don't live in university settings this story will sound so strange. Consider the following events: (1) Ohio University's Faculty Senate considers a policy change about some minor issue (something about the rules under which faculty can take courses at the university). (2) A black professor who runs something called the Caucus of Educators and Staff of African Descent (COESAD) objects to the new policy on grounds few people can understand. (3) The Faculty Senate considers the objection but nevertheless passes the new policy. (4) OU President Roderick McDavis throws out the race card and walks out of the meeting. [NB: McDavis is black himself and has spent his whole career in the "diversity" biz.] (5) Charges of institutional racism ensue.... Alas, for those of us working in universities, this is "dog bites man" stuff. Initial story here. Follow up story here. A defensive letter to the editor here. [Thanks to Dave for the pointer.]
March 22, 2005
Big Brother
I tend to poo-poo most worries about the erosion of privacy. I certainly don't care much about private databases such as credit agencies keeping track of me. And I really like it when I call Delta Airlines and they already know what flights I want because I'm looking at them on their website at the same time. When it comes to government invasions of privacy I naturally get a bit more concerned. But even here modern technology seems to be more useful in helping us keep tabs on them (remember Rodney King) than in helping them watch us. When it comes to video surveilance in public places, I tend to think that if it would be ok for a cop to stand there and watch us, then it should be ok for a video camera to stand there and watch us. Similarly if a cop could issue a ticket, why not a camera? Still, this kind of stuff just creeps me out. I suppose I'll get used to it though. On a related note, when I was in South Africa, they have these video cameras all over. They send out tons of automated tickets for speeding and red-light violations. But hardly anybody pays them apparently! One worry I have is that these video camera gizmos may erode our respect for the rule of law even more. [Thanks to Dave for the pointer!]
March 18, 2005
Why, Why, Why?
From Yahoo News: Wolfowitz Discusses World Bank Mission with Bono Not one phone call, but evidently two lengthy phone calls. My take is that Bono is good at hawking I-Pods, but is he really qualified to discuss what the World Bank(!) ought to be doing? Perhaps talking to Mick Jager (Masters from the LSE) would make a little more sense. From the article: Wolfowitz adviser Kevin Kellems told Reuters the deputy U.S. defense secretary initiated the lengthy conversations with the lead singer of the rock group U2, whose name had been bandied about for the World Bank presidency. Granted, I don't spend a lot of my time following the day-to-day operations of the World Bank, and I suspect the organization might do a bit better if more of us did, but I don't remember ever hearing Bono's name suggested to be the WB president. Perhaps I missed that issue of Parade Magazine.
Enviro Roundup
1. The Bush administration has announced a cap-and-trade program for mercury. Although I'm familiar with the virtues of cap-and-trade schemes relative to across-the-board regulations, I'm uneasy calliing such programs "free market environmentalism." After all, the government establishes the number of permits that can be traded. 2. Wondering what ever happened to the "Baywatch" actresses? Alexandra Paul was arrested earlier this week for attempting to block GM's destruction of 70 unmarketable electric cars. Maybe she should switch her cause from environmentalism to tort reform--the article states GM turned down an offer of $1.9 million for the cars because it feared lawsuits that might be caused by a lack of spare parts. 3. My perspective on opening ANWR for drilling: My understanding is that the portion to be opened is about 2,000 acres--less than 10% the size of my college's campus, much less the 1.5 million acre area under consideration in Alaska. Even if the entire 2,000 acres or twice that much is trashed--and supposedly it won't be--I think it would be a small cost to bear in exchange for the billions of barrels of oil that are supposedly there. As Thomas Sowell says in "The Vision of the Anointed" there aren't solutions, just tradeoffs--this one appears reasonable to me. On a related matter, Roy Cordato has a nice riff on "energy independence."
Ft. Worth police get AR15s
John Lott probably has something to say about this idea. The Ft. Worth police force is going to have more than 200 cops on the street with AR15s by the end of the summer (for those unfamiliar, the AR15 is the semi-automatic civilian version of the military's M16 caribine.) The reason to give cops the guns? Because some of the bad guys have semi-automatic rifles and therefore the cops are outgunned. Recent shootouts here in Texas have typically involved one or two bad guys and a bunch of cops. Each cop is armed with a nine millimeter or a .38 and so there is usually a lot of guns pointing in one direction and relatively few guns pointing in the other direction. On the other hand, having a bunch of AR15s on the street will likely increase the number of bulllets flying in Cowtown. The empirical question: will the good folks who live, work and visit in Ft. Worth be safer?
March 10, 2005
Larry's biology made him do it?
Evidently, so says Richard Bradley in the Boston Magazine. I haven't read the article in depth, but after a discussion of Larry Summers's career and recent past, the last four paragraphs drop the hammer: So great was the bewilderment over Summers's lack of social skills that some in the Harvard community wondered if there might be a clinical reason for his behavior: a neurobiological disorder called Asperger's syndrome. A form of autism, the disorder was first described by a Viennese physician named Hans Asperger in 1944. So, Larry suggested testable hypotheses that led to awkward situations because of his biological and nuerological makeup? Hmmmm. First off, the claim of autism is not one to be thrown around lightly. However, evidently some folks can get away with that while others can't (weren't some people castigated for suggested Bill Clinton might have some compulsive behaviors?) Secondly, my take is that Larry Summers gets himself into awkward situations because he is an economist. People use the term "awkward," but that is really a cop-out. The situation is only awkward because of other people's feelings, something that Summers cannot control. If Larry Summers makes other people feel awkward by his thoughts, provocations, and hypotheses, that sounds less like Larry's biology and more like other folks' limitations. Something to print out for tonight...
March 09, 2005
A Politically Correct Bake Sale
In 2003 the college Republicans at the University of Washington sponsored an Affirmative Action Bake sale that generated a significant reaction from campus liberals. In their words, “We priced the cookies according to the same categories the University of Washington uses in its admission application. With a little flour, sugar and a dash of street comedy, we set out to show the campus that Affirmative Action, which judges people based solely on their skin color, is inherently racist.” The campus police refused to protect the young Republicans from marauding leftist who tore down their tent and trashed their cookies. Rather than defending their right to free speech, these aspiring Betty Crookers were accused of creating an unsafe environment by university officials. Well, what’s good for the gander is good for the goose. A women’s group is now sponsoring a Pay Equity Bake Sale. This is the announcement for the sale.
I am pleased to observe that price discrimination will not be used to enhance profits and lessen competition.
March 08, 2005
Hypocrisy?
Drudge links to this article about $200,000 of contributions from a cable company to a "tax-exempt group that touts McCain's views and has showcased him at events." Yup the McCain reference is to the holier-than-thou senator behind the McCain-Feingold abomination. Of course, it's a good thing I got this posting up now--Bob's Capital colleague-turned FEC commissioner Brad Smith predicts a coming crackdown on bloggers.
Tax Exporting
Georgia's governor wants to establish a kiosk in the Atlanta airport to sell lottery tickets to travelers. Apparently the airport has some concerns that the kiosk will divert sales (of which the airport gets a share) from other vendors. If only one heard these reservations as part of the economic impact studies for new stadia etc.
March 07, 2005
Should Philosophers Take a Pro-Union Stand?
Some members of the American Philosophical Association have petitioned the Association to move its upcoming Pacific Division annual meetings from San Francisco, where the meeting hotel (the Westin St. Francis) is one of 14 hotels currently in negotiation with the Hotel and Restaurant workers’ union. The San Franciso Chronicle reports that the Organization of American Historians chose to move its meetings to San Jose to avoid the SF labor dispute. The paper adds: As a pressure tactic on the negotiations, the unions are calling groups headed for San Francisco, warning them of labor strife and asking them to remove their business from the hotels in the dispute. The St. Francis has promised the APA “that no lock-out is planned and that the hotel is at the bargaining table.” The APA has been surveying its participants as to their preference for relocating the APA - Pacific meetings to San Jose, should it be feasible. The survey adds: Please also answer the following question: if moving the meeting from San Francisco proves infeasible or undesirable for participants, would you like the meeting organizers to arrange voluntary ways for you to support the union while you are in San Francisco? Here’s a thoughtful reply to the survey from Neera Badhwar (Department of Philosophy, University of Oklahoma), reproduced here by permission: Since, as you say, "we have obtained a written commitment from the St. Francis management that no lock-out is planned and that the hotel is at the bargaining table," there is no strike, and "the parties are at the table bargaining," I see no reason to move. The question, however, is whether they will be at the bargaining table when we get there. Is it possible to make a conditional agreement with a hotel in San Jose in case the situation at St. Francis deteriorates?
The Dems Have it Backwards
Larry's post on Kennedy having it double backwards (shouldn't that equal forwards?) reminded me of an idea that has been bouncing around in my head for awhile. The Dems claim to be (perhaps rightly so) the party that favors truly saving Social Security in something resembling its present form. It, therefore, seems to me that they should favor making Social Security's implicit liabilities explicit by issueing bonds and incurring the transition costs. (See this post from Larry about transition costs.) After all the govt is less likely to default on bonds than it is to enact legislation cutting future benefits. Moreover, such a change from implicit liabilities associated with a particular retirement program to explicit liabilities of the federal government as a whole would remove the impetus for cutting SS benefits. So why don't the Dems recognize this point? It seems to me that they favor scoring political points against GWB or are mighty scared of personal accounts rather than truly saving Social Security.
Selective Free Speech
In a previous post, "Gringo American Studies," I pointed to the selective defense of free speech in Colorado. David Harsanyi at the Denver Post has now uncovered a similar case at CU. Read "A CU prof deserving of sympathy." I am sure there are many more incidents that are yet to be widely reported. We need only look at the Hans Hoppe situation to see the hypocrisy of the Left in their defense of free speech.
March 06, 2005
EconLog snippet
My essay on libertarianism will be posted tomorrow (Monday March 7) on Econ Log, at Liberty Fund. A snippet, for those who want a preview: At the Munger house, we snack high on the food chain. I don't know if God gave man dominion over the beasts of the field, but She certainly gave me an ATM card and big metal cart for cruising meats at Piggly Wiggly. That beats dominion. Thanks to Russ Roberts for the suggestions, and the editing. I was thinking about this, and wanted to ask: Do you know anyone else who is in the intersection of these three sets...(a) Excellent economist, (b) clear writer and speaker on economic matters, and (c) excellent editor of other people's prose? The intersection contains Russ Roberts, and not many others.
A fascinating account of “the most audacious bank raid in British history”, and its political fallout
Andrew Anthony in The Sunday Guardian’s Observer Magazine spells out how the Northern Bank heist was pulled off, and interviews people knowledgeable about the IRA’s involvement. He also offers this persuasive bit of public choice analysis, from the mouth of ex-Sinn-Féiner Anthony McIntyre, explaining why Sinn Féin leader Gerry Adams seems determined to throw monkey wrenches into the peace process: ‘At times,' he continued, 'Adams is the most popular politician in the south. Why? It's not due to his policies, they are no different to anyone else's down there. It's the result of the tremendous international public profile that the leader gets. If the peace process ends, the wind in the sails goes down rapidly. So the object of unionism is to bring the process to a conclusion, and the object of republicanism [in the sense Sinn Féin and the IRA] is to postpone the conclusion.'
March 05, 2005
Bill Maher welcomes Ward Churchill and Janet Reno
Ward Churchill appeared live and in person on HBO’s Real Time with Bill Maher last night (no transcript is online yet). Maher distanced himself from Churchill's infamous “little Eichmanns” comment, but otherwise suggested that Churchill had important insight to offer us into the question Maher likes to call “why they hate us”. Highlight of the segment was Maher bringing out Michael Faughnan, a man whose brother – a financial office worker – died in the World Trade Center attack. Faughnan called Churchill out on the “little Eichmanns” comment, arguing that it was insensitive and absurd to say that his brother was akin to the Nazi engineer of mass murder. Churchill, who had earlier told Maher that he exempted janitors from the Eichmann analogy, allowed as maybe he could make an exception for the brother. But, he asked in reply, would Faughnan claim that none of the WTC workers were culpable? Yes, came the reply; the people I knew in my brother’s office were all good people. Of course, Churchill’s “argument” isn’t that the WTC workers were personally evil-minded. It’s that they were willing cogs in an evil machine. All WTC stockbrokers were (somehow) complicit in the US war machine. Let’s see if we can parse the logic … the Pentagon is financed by the US Treasury, the US Treasury runs on borrowed money, and stockbrokers work for firms that also have a hand in the buying and selling Treasury bonds? Couldn't be more obvious. But it’s not obvious how janitors escape the same guilt-by-association – they too facilitate the work of financial firms, which (according to Churchill) means that they aid and abet US military policies. Later in the show, Maher’s panel included Janet Reno, who endorsed the recent Supreme Court decision banning the death sentence for under-18s. Nobody asked her whether her expressed view is consistent with her decisions as Attorney General that imposed a pre-emptive death sentence on the Branch Dravidian children in Waco.
March 04, 2005
Because I can...
I will release Pres. Bush's Saturday Morning Radio Address at 10:13 pm central time FRIDAY: THE PRESIDENT: Good morning. In the short time since I returned from my trip to Europe, the world has witnessed remarkable developments in the Middle East. In Lebanon, tens of thousands of people took to the streets in peaceful protest over the brutal assassination of former Prime Minister Hariri. For years, the Lebanese people have suffered from the aftermath of a horrific civil war and occupation by Syria. Lebanese citizens who have watched free elections in Iraq are now demanding the right to decide their own destiny, free of Syrian control and domination. Syria has been an occupying force in Lebanon for nearly three decades, and Syria's support for terrorism remains a key obstacle to peace in the broader Middle East. I didn't hack into anything...the speech was in my e-mail box this evening. Read More »
Update on Sinn Féin and the Northern Bank raid
Police in the Republic of Ireland have now reportedly “confirmed the £2.3m and other money seized in Cork last week is from the Northern Bank raid.” Police seized the money from individuals linked to the IRA and its political front Sinn Féin. I had earlier speculated that one reason for the IRA to resort to bank robbery is that their ability to raise funds in the US has been diminished since 9/11/2001. Now they seem to be caught in a vicious circle: the linkage of IRA and Sinn Féin to the bank robbery, and of the IRA to a recent slaying in Belfast, is further hurting their US fundraising. Sinn Féin president Gerry Adams has announced that on his visit to the US next week he will not be raising funds as previous planned. Pete Baker at the blog Slugger O’Toole explains the change in plans: Sinn Féin has to apply for special visas when visiting the US for fund-raising, and they feared the embarrassment of being denied the visas. Denial was likely given that the Bush White House has, unlike the practice in previous years, pointedly declined to include Adams among those invited to the White House on St. Patrick’s Day.
March 03, 2005
Strange bedfellows
What do you get when MTV meets the AARP? You might think the answer I’m looking for is “VH-1”. No, what I have in mind is the strange alliance between Rock the Vote (founded by music industry people and heavily promoted by MTV) and the AARP in opposition to Social Security choice. At Rock the Vote’s homepage, you can buy a t-shirt that says “I [heart] Social Security”. (Wow. You can’t get much more rockin’ than that.) The two organizations have jointly sponsored a "poll" on Social Security reform (together with the Joint Center for Political and Economic Studies, a liberal think-tank devoted to African-American concerns). According to the press release, they found that most Americans “oppose private accounts once they learn the likely consequences of putting the accounts into effect.” Translation: we found biased ways to frame our questions such that most of the people being polled chose the answers we preferred. Most Americans in the 18 to 39 age group, for example, say that they would flat-out oppose the accounts if […] diverting some Social Security payroll taxes means "massive new federal debt in order to pay current benefits" (63 percent say they would oppose). The notion that diverting taxes to personal accounts means new federal debt is, I have pointed out before, false. The key lessons of the AARP/RTV poll: Political Director of Rock the Vote Hans Riemer said, "This poll shows that young people do not support changing Social Security if it means dismantling the basic safety net, cutting benefits dramatically, or massively increasing the national debt. They get all three at once under most private accounts plans. We hope the politicians who say they want to help younger generations are paying attention." Curiously, the poll didn’t ask young people whether they support preserving Social Security through a massive increase in their taxes. Which is the only option left, once you rule out benefit cuts or dismantling. (Debt merely defers the tax increases.) The AARP’s opposition to any Social Security reform is to be expected. Even though Bush promises not to touch benefits for anyone now over 55, his proposal to allow people to opt-out funds into personal retirement accounts might loosen future voter attachment to Social Security. Rock the Vote’s opposition to a reform that would benefit young workers is harder to figure, since Rock the Vote purports to represent young people (its main focus is, or used to be, registering young voters). But here’s a hypothesis: the real mission of Rock the Vote is actually not to promote the political interests of young people, but rather the political interests of liberals. Read More »
February 10, 2005
Gringo American Studies
When considering how to handle the Weird Churchill matter, it might be instructive to see how the Colorado public university system dealt with a similar matter in 1997. Luis Chavez, an Hispanic faculty member at Pikes Peak Community College, wrote a satirical proposal for an academic program “Gringo American Studies.” Citing court papers, the Rocky Mountain News reported that the proposal "parodied academic minority studies programs and addressed racial/ethnic issues by applying the minority studies format to a study of 'Gringo American' culture." Apparently the administrators at PP CC didn’t think it was too funny and penalized Mr. Chavez for his attempt at humor (or was it for attacking ethnic studies?) by suspending him without pay for 15 days. I guess freedom of expression doesn’t count for much in Colorado if you are on the wrong side of the issue. Astonishingly, the chair of the history department, Katherine Sturdevant, came to his defense. She called it legitimate political satire. For this and apparently some other matters she had been outspoken on, Ms. Sturdevant was removed as chair. Ms. Studevant sued the college for violating her rights to free expression. The case was settled out of court with her reinstatement as chair. See: Karen Abbott, "Springs College Settles Lawsuit," Rocky Mountain News, September 4, 2002 . and The Newsletter on Academic Freedom
February 06, 2005
To the Barricades! M. Antoinette Lives...
The French are rioting against the idea of scarcity. It seems they want to maintain the 35 hour work week. It was implemented, remarkably, to reduce unemployment. Comes from the old Marxist idea (actually, Ricardian, but Marx believed it) that there is a certain fixed amount of stuff to be done. If you reduce the maximum hours someone can work, then voila! More jobs. Of course, things don't work that way. Workers in the U.S. are seeing their work weeks go up in hours, or at least there are pressures in that direction. Why? Because in the U.S. (and even moreso in France) "jobs" are the unit of redistribution, through the back door means of mandating certain social goods must go along with jobs. Insurance, record-keeping on taxes, a variety of pension and other benefits, are essentially lump-sum payments: you pay one for each job. If you can get workers to work more, you are spreading these fixed costs over more hours. Consequently, U.S. government policies are to blame for all sorts of contracting out, and laying off some workers so you can give the remaining workers more hours. You can pay for the additional hours, even with mandatory overtime, and still be ahead. Incredibly, French workers blame capitalism, rather than their own foolish insistence on having their cake and eating it, too.
January 22, 2005
Fascist CATO and Reforming the SS
(SS means Social Security. But you knew that). I often miss things, I'll admit. Don't understand, don't quite get the point, that kind of thing. But this....surely this is just incoherent babbling. (I'm saying that, this time, my lack of understanding is not really my fault, see). There is some pretty strange stuff here, but check this: The wealthy oligarchical families that had directed the Synarchist/Nazi movement from 1921-45—and were defeated by Roosevelt—saw in the Mont Pelerin Society the instrument to re-establish that program internationally. The Mont Pelerin Society's economics was no different than that of the Bank for International Settlements, Hitler, or Mussolini. I'm pretty sure there are some differences, actually, between the MPS and Hitler. And there are certainly differences between CATO and Hitler. (Though...Boaz used to have that little mustache....Hmmmm). LaRouche seems to have become a leftist (again), or else is just living on his own little plane of existence. (You might enjoy this) On the other hand, it is true that one can make pretty good arguments against privatization of Social Security. To me, it comes down to two questions: 1. If someone takes their retirement funds, and squanders them on blue sky, get-rich-quick schemes, will we as a society let them starve? Or will we reward them for risk-taking behavior by giving them another stake to squander? 2. Which scheme gives government more power, and more ability to interfere with both markets and peoples' private lives? Social Security makes us all beholden to the SSA, and the funds can be used for redistributive purposes like the notorious "supplemental" Social Security activities of the 1980s. On the other hand, if everyone had money in the stock market, or bonds, or whatever, there would be irresistible political pressures to intervene to prop up security prices, or force interest rates down, or whatever. I am cautiously in favor of increased privatization, but only cautiously. I don't think we can trust government not to reward extreme risk-taking, and I don't think we can trust ourselves not to force government to meddle in securities markets. While I might concede in principle that a thorough transformation to private ownership and management of pension funds is a good thing, the sort of 1/3 transformations being proposed might end up looking like power "deregulation" in California. In other words, if we are not willing to try full-blown market solutions, it is by no means clear that we won't just make people skeptical about the market in temporizing "solutions" that are doomed to fail.
January 16, 2005
Partly empty, partly narrow
It seems to me that there are three broad classes of arguments that explain why human societies have governments (by which I mean something very close to Max Weber’s notion of “an organization with a monopoly on the legitimate use of force.”) There are innumerable variants, of course, and advocates often mix the arguments, but the three justifications seem analytically distinct. 1. EFFICIENCY: Internal coordination problems—Groups of people face daunting obstacles in realizing gains from trade and cooperation. Resort to some form of hierarchical, third-party enforcement mechanism may be inevitable. Almost without exception, the form of this hierarchical organization we observe is government. Under this reasoning, then, governments exist to define and defend property rights, administer the production of public goods, and adjudicate disputes. To be successful, of course, proponents of this perspective have to do more than just show government is capable, in principle, of carrying out these functions. The question is whether government is, in practical terms, the best way to solve problems of coordination, free riding, and internalizing external effects of private action. 2. SECURITY: Protection from external aggression—It can clearly be argued that national (or for that matter, village) defense is simply another public good. But it is a different, and probably logically antecedent, public good. The capacity to ensure borders, and create confidence in security of rights and property, from outsiders, seems to be one of the first things that makes humans form “societies” (as opposed to governments) in the first place. Of course, to accomplish this guarantee of security, a society must be able to create, maintain, and direct an armed force powerful enough to deter attack, or defend against attacks. It seems, at least in practical terms, that if you take a society, add an army, and mix well, you get a government. 3. POWER: Preserve privileges—An important motivation for the actions of real governments is the protection, and rhetorical legitimization, of the rights and privileges of elites. The objective definition of “elites” is problematic, since over time it is government power, itself, that creates rights and privileges. Nonetheless, thinkers as diverse as Karl Marx and Wilhelm von Humboldt perceived the danger that the very creation of government, at least in the sense of an organized hierarchy capable of directing coercive force, may be based on protection of power or privilege. The reason to go through this little exercise (i.e., wondering why we have governments in the first place) is that a misunderstanding about what government is can lead to bad prescriptions about what it should do. The three explanations I have offered, efficiency, security, and power, are very different; governments constituted primarily to achieve one of these goals may not respond well to demands to achieve the others. As the reader no doubt knows already, economists tend to take the first path, emphasizing efficiency, or justifying government based on “market failures.” Political scientists have often chosen the second path, emphasizing the role of the “state” and its military power in ensuring national security. Sociologists have gravitated toward the third rationale for government’s existence, investigating the structures of governance as institutions for maintaining and protecting power. Here is what I want to know…why don’t we recognize that regardless of why we create governments, relying on them at the margin for more and more “solutions” runs afoul of an avoidable truth:
January 05, 2005
Why Don't We Trust Government?
Why is it that Americans don't seem to trust government? We have less regulation than most countries, and the argument "private citizens know better than government what to do with their money" seems persuasive to many. Why? Why not shining, happy people? The answer is very old, and it involves answering a question with a question, or maybe two: As Jouvenal, in his sixth satire, asked, "Quis custodiet ipsos custodes? (Who will guard the guardians?)." Plato, in the Republic, has Socrates and Glaucon give this exchange, "Surely the guardian is the last man in the world who should be allowed to get drunk and not to know where on earth he is!" "That would be ridiculous. A guardian to want a guardian himself!". My other question/answer, then is this: why is it that people on the left, and many people in other "developed" nations, DO trust government? The answer is that the U.S. is different. The idea that the "guardian" would need no monitor was a conceit of Plato (and the French); it had no part in the framing of the U.S. system of government. The very foundations of our constitutional system of divided powers reflect a mistrust of government, or at the very least a mistrust of the governors. Yet, after the election, the Democrats are piteously wondering aloud why people don't trust government. "Why don't they like us?" Since people don't now much about how government works, how come they don't like it? Ludwig von Mises gives an interesting reconciliation of the apparent contradiction. In Bureaucracy, von Mises notes: That is, it is tempting to try to reform government agencies, to revise organization charts and create new bureaucracies and scrap old ones. It is hard to understand what is going on, but it seems as if we could do better, if we could just get the right people in office to run things. People don't really understand what is wrong, it is true, but they are right to believe that something is wrong. The conclusion one should draw from this is disturbing, as William Niskanen points out in Bureaucracy and Representative Government. If, as von Mises claims, bureaucracy is the sine qua non of the territorially extensive state, then criticism of bureaucracy is wrong-headed, and attempts to reform through reorganization may be disastrous. Bureaucracy cannot be improved, and its performance is simply not comparable with profit-seeking organizations, because the incentives and hierarchies in the two forms are fundamentally different. Citizens may say, and believe, that the problem is unresponsive bureaucracy, or corruption, but these are the essential features of governments of large nations. The solution is a citizenry with an actual understanding of the economic and political forces that make government inherently incapable of carrying out the tasks we want to assign to it. But this is clearly beyond the reach of news media who themselves lack this basic understanding of economics. What about the educational system? As Niskanen (Bureaucracy and Representative Government, 1971; 7-8) points out, von Mises concludes his discussion "with the hope, almost pathetic in retrospect, that a broader education in economics will reduce the popular support for large government and the consequent pervasive bureaucracy." There isn't much hope in this direction, either. Education in economics is rare (I'm not counting the trade studies in business or marketing, or the applied mathematics often taught in undergraduate economics departments). So, citizens have no theoretical capacity to focus their accurate, but inchoate, perception that something is wrong. So, we reform away, appointing task forces and study groups. But I have an answer for you. It comes from Edmund Burke, in his then-anonymous Vindication of Natural Society (1756): One cannot blame the FORM of government for its failings. Simply the existence of a pervasive, intrusive nanny state, doing the only things it can do, explains why people don't trust government. You can't blame a dog for eating out of the garbage. But you can put a lid on the garbage can. In the U.S., people are worried that the lid is coming off.
October 30, 2004
Why I Shall Vote for George W. Bush
Bob Lawson has asked each of us to say for whom we will be voting on Tuesday, and why. Given how little I’ve contributed to this blog so far, I figured it’s the least I could do. There’s no sense dancing around the issue—no classical liberal (let alone libertarian) is likely to look toward George W. Bush as a model president. The litany of sins, from massive increases in discretionary spending to new health care entitlements, is likely familiar to anyone reading this blog. And in any case, it is out of place in a statement that is intended to be an endorsement of the president’s reelection. Read More »
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The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith
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