We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
|
James Bartholomew, author of the splendid “The Welfare State We’re In”, weighs on on the subject of Sweden, long a poster child for socialists and possibly, even a certain type of right-winger:
“Sweden is iconic, like Marilyn Monroe or Karl Marx. It is supposed to stand for something special: a kind of paradise where socialism and a big welfare state go together with being a successful, rich country.”
Another paragraph:
“The main trouble is that, when Sweden was as close as it ever has been to being a socialist welfare state, it went bust. For a while it may have seemed like a great model, but the Swedish government ran out of money. Why? Because Sweden found, like Britain, that if you pay people to be unemployed, take early retirement or be sick, you get a gradually decreasing number of people who claim the relevant benefits. And if you have sky-high taxes, people don’t work as hard, or they cheat, or they leave.”
Read the whole thing.
I did some coke, and slept with a whore. But that’s what a superinjunction is for!
– Robbie Williams, at last week’s Take That show at Wembley, mocks the legalised suppression of free speech. Quoted by Fraser Nelson in his obituary for the News of the World, in the News of the World.
The last shuttle mission has begun… and Richard Branson announced he will be starting commercial flights next year:
Sir Richard Branson said that the reason he established Virgin Galactic was because he ‘got sick sick of waiting for NASA.’ He confirmed that space flights for the public will commence in ’10 to 15 months.’ Another endeavour after this milestone will be to launch ‘a 2 to 3 hour London to Australia flight’ via space.
If you add to this the not very far away cargo flights of the SpaceX Dragon capsule, followed by manned flights of same; the scheduled launch of the Bigelow space station in 2014; and the first flights of the SpaceX Heavy around the same time… not to mention things that XCOR, Masten, Armadillo, Boeing, Reaction Engines, Sierra Nevada and others are up to… we live in a very exciting time.
The last flight of the Space Shuttle signals the beginning of the Space Age.
“Poor old Dave, he tries to mix with some common folk and look what happens.”
A commenter, “Percy”, at the Spectator’s Coffee House blog, talking about the arrest of Andy Coulson, former press advisor to David Cameron.
It has been a bit of bad summer for Mr Cameron. He’s lucky he has been up against such a weak opponent.
You see what’s happening? Two separate grievances and two separate targets – one totally justified, the other largely not – are being joined together. The “journalistic culture” Campbell has spent the past 10 years complaining about is not newspapers that have invaded people’s privacy – but newspapers that have been too unkind to important public servants such as himself.
– Andrew Gilligan, under the headline: “Phone hacking scandal: enemies of free press are circling”. Indeed.
I’ve just discovered what many must have known for years, that the true test of a real news story is when you just don’t believe it.
When I read just now, at Guido‘s, the news that the News of the World has been closed, I thought, you’re ‘avin’ a laugh, and I was merely puzzled as to why. What, I thought to myself, is the point of concocting this bizarre joke (in the form of a fake press release), and at such bizarre length? Newspapers that are making tons of money and which have lots of readers don’t just close, merely because they’ve done something wrong. Newspapers die, but that’s entirely different.
Yet, it appears to be so. The News of the World is indeed to shut.
The only serious attention that I have ever given to the News of the World was when it broke this story about Pakistan cricket corruption. I was grateful for that sting operation then, and am accordingly a bit regretful now. Although I do agree that if you want to make your newspaper hated by everyone, then it is hard to think of a better way of doing it than to get caught busting into the phones of a murder victim and her family.
The NotW is being shut, I presume, to enable Rupert Murdoch‘s various television plans to proceed profitably. Will this dramatic step do the trick? Might it not make Murdoch look even worse, by drawing yet more attention to the skullduggery that he presided over and surely knew all about, and to the fact that he only closed the NotW when the skullduggery became public knowledge?
David Cameron, because of his close connection to the NotW gang, is also looking very bad. The line here at Samizdata on that will presumably be: oh dear, how tragic.
Bohemia has been banned.
– David Hockney denounces the smoking ban.
Buried deep in this article – which (and I realise this won’t go down very well here) is effusively positive about David Cameron and his attitude towards the internet and internet entrpreneurship, at any rate when compared with Nicholas Sarkozy – is the following extraordinary claim:
… France just banned the use of the words Facebook and Twitter on TV …
This report, however, at least adds the words “unless those specific words are a part of a news story”, which makes it somewhat less mad. Still mad, though.
Can it be true? The story seems to have come and gone sometime around one month ago, and my first guess was that maybe it was true and maybe it wasn’t, but that the wave of derision which greeted it will by now have caused the French Government to say that it never said any such thing, and that what it did was was totally misunderstood, blah blah, clarification, we didn’t say it, we did say it but we didn’t mean it, malicious twisting by foreign commercial interests saying that we said what we said, how dare they?, blah blah.
Apparently not:
The French reason that mentioning the companies by name gives unfair “advertising” to giant social media sites like Facebook or Twitter. Their logic: why give a leg up to Facebook, already worth millions, when there are dozens of smaller sites struggling to survive. So, to be extra fair, when signing off, the newscasters can suggest that their viewers follow them on a social media platform in which transmission is limited to 140 characters. Bon chance!
They’re not allowed to say “email” either.
Les Grenouilles are indeed strange people.
I came across the following in a research paper about the benefits of “clustering” of financial services and other industries:
“Singapore is a country, which, 40 years ago had the same GDP per head as Uganda. Now, it is the richest country in the world, with GDP per head of $57,238 I 2010, according to the IMF, putting it ahead of the US, Japan, Hong Kong and Switzerland.”
Seems like a classic example of how some places are actually blessed by a dearth of natural resources.
The headline says ‘Europe declares war on rating agencies‘:
Wolfgang Schauble, German finance minister, said there was no justification for the four-notch downgrade or for warnings that Portugal might need a second bail-out. “We must break the oligopoly of the rating agencies,” he said.
Heiner Flassbeck, director of the UN Office for World Trade and Development, said the agencies should be “dissolved” before they can do any more damage, or at least banned from rating countries.
Now ponder that for a moment… what is a ‘rating agency’? It is a company that states an opinion regarding credit worthiness. And those opinions are only significant if people who make investment decisions think the opinions in question actually reflect reality, i.e. the opinion has some credibility.
So what these quoted members of the political class are calling for is banning credible opinions about the consequences of decisions by, er, people like themselves.
Astonishing. And in reality rating agencies have a history of excessive optimism, only downgrading ratings long after the dots were joined by anyone who has been paying attention.
As regulars will know, one of my pet dislikes is “Rod” Liddle, a man who likes to think of himself as a sturdy Leftie but who, in fact, increasingly sounds like the sort of BNP supporter that you might encounter in a bar and who insists on telling you about how so many of our problems are the fault of “the blacks”, etc. Liddle has strayed, arguably, over the line before, but like a man emboldened by his own seeming ability to keep pushing his agenda without severe damage to his bank balance, he has finally gone over the top with all the mad brio of Prince Rupert of the Rhine charging at Cromwell’s infantry in the English Civil War.
In a particularly stupid article for the Spectator (behind a subscriber firewall), on page 17 of the print edition, Mr Liddle reflects on the problems of Greece, and its horrendous debt. He rightly regards Greece’s decision to join the euro as a disaster, as Greece has proven itself incapable of handling the sort of interest rate more suitable to Munich or Lyon. However, in his clumsy way, he reflects on the differences he sees between southern Europe and the more “puritan” North. His title for the article (possibly written by a sub-editor), is: “How did I get it right on the euro? Easy. I was racist”.
“Insofar as I understood the economic permutations of what it would mean to be in or out of the single currency, I was vaguely opposed to joining. But my real reason for objecting to our membership of the euro was, and still is, I’m afraid, straightforwardly racist. I didn’t want to have the same currency (or government, effectively), as people in the south of Europe, who, I thought were, in the main, lazy, hot-tempered and uncivilized.”
(Emphasis, mine).
Here’s another gem:
“But it cannot be mere coincidence that the countries in trouble are those in the south, and that the further south you go the worse these problems become, until you reached the dislodged chunks of marble and the flaming fast-food shops of central Athens, where one protester said to the camera crews: “We don’t owe any money, it’s the others who stole it!”
What is so cretinous about Liddle is his use of the word “racist” instead of what would be more accurate – “culture”. It is, arguably, the culture of some countries – by no means all – that helps explain such things. But the idea that there is some sort of general rule that says the further south you travel, the worse the population behaves, is bunk. My wife’s small country, Malta, which is even further to the south than Greece, has a conservatively-run banking system, strong public finances and a relatively strong respect for property rights and the rule of law. It is also a member of the euro-zone. Maybe all those years of Malta being under the British Empire might have helped, as our “leftie” Mr Liddle might argue, but Malta exhibited many fine qualities long before the Brits, in the form of Lord Nelson, showed up. It is bizarre to claim that the further towards the Equator you get, the sillier, more corrupt and naughty people become. As Liddle must surely recall, in chilly Scotland, once famous or infamous for its puritanical version of Christianity, for example, a large chunk of the populace now lives on benefits, and many of the traditional characteristics once associated with the land of Adam Smith, James Watt and David Hume seem to be notable for their absence. This is a cultural, economic and political development which cannot be explained by reference to some glib reference to geography, much less the race, of the people in question. Even more unfortunately for Liddle’s notion is the example of Iceland, and its catastrophe of failed banks. Those blue-eyed folk with their blonde hair seriously screwed up.
Good ideas can be discredited by bigots purporting to advance them, if we allow these people to speak without rebutting their biases and showing them for the fools and knaves that they are. And Rod Liddle, however amusing he can sometimes be, or correct about something like the euro in one sense, is a bigot, and the kind of friend Eurosceptics can do without (I sometimes wonder whether he is working for the other side). Well, now he is on the record – he’s a racist, and seems to be proud of it.
Yesterday, there was a mini-rebellion in Parliament, to be precise in one of its Committee Rooms. Britain’s (increased) IMF subscription was being discussed, and although it got through, there was a little flurry of excitement, as Guido reported:
Something very rare happened in what is usually the dullest of committees. A dozen or so Tory non-members of the committee came and spoke against affirming the instrument. Government whips cajoled the pliant Tory and LibDem members of the committee to vote to affirm the instrument while Tory MPs spoke from the floor against it. Promising new boy Steve Baker and backbench eurosceptic Douglas Carswell were among those who spoke against affirming the instrument.
You can now read what was said in Hansard.
When these kinds of things are argued about, everything depends on whether the contrariness on show is a genuine argument that we should switch to an alternative and better policy, or merely grumbling. If all that is happening is that people don’t like whatever it is, what with them not having created the problems (or so they say) with their decisions, and what with all the cuts they are having to put up with now, well, frankly, that doesn’t count for very much. If the powers that be are able to say: Well, what would you do that would be any better? – and if you don’t then have an answer, you might as well not have bothered. All you are saying is: This hurts. And all that the government has to say in reply is: Yes, we hear you, we feel your pain, but we are going to do it anyway, because despite all the pain, we remain convinced that this is the best thing to do.
Scroll down at Hansard and you can read, in particular, what Steve Baker MP had to say. The thing about Baker is that he really is arguing for a paradigm shift in economic policy thinking. He even quoted a chunk out of Human Action, which I think I will quote here, again:
The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion.
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” (Human Action, p. 572)
Baker is not just saying: this is a crisis. Everyone knows that. He is also saying: and we need to have the crisis, now, all of it and get it over with as soon as we can.
Hayek also got a mention, as did Jesus Huerta de Soto, who gave the Hayek Memorial Lecture last October.
This is the kind of politicking that is capable of having actual impact. Not now, and certainly not right away, but … in the longer run. In the longer run, ideas can change.
LATER: The Cobden Centre blog now has a more user friendly version of Steve Baker’s words, here.
|
Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
|
