The cost of “saving the NHS” has been more than twice the annual budget of the actual, you know, NHS.
– Daniel Hannan. Writing in the Sunday Telegraph about the monstrous borrowing of the UK state (£: item is behind paywall).
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Allister Heath has these thoughts about the US election results (as of the time of writing the result has not been fully declared, and as we know, this situation may not change for days because of legal challenges in state counts such as Michigan).
November 5th, 2020 | 29 comments - (Comments are closed)
 Janet Daley is on splendid form today, in the Daily Telegraph (£). Some choice paragraphs:
October 31st, 2020 | 9 comments - (Comments are closed)
“The Soviet Union (also Mao’s China, North Korea, Cuba, and Venezuela) have proved that central planning is impossible. Even something as simple as corn. To grow corn, you just plant seeds in fertile soil, and wait. Yet every country that attempted to centrally plan it, has starved.” – Keith Weiner, who runs a precious metals investments business, based in Scottsdale, Arizona. He’s become a friend, and a fount of good sense on issues such as money and central banking. Check out his blog. October 30th, 2020 | 11 comments - (Comments are closed)
“If anti-state fanatics have been calling the shots for decades, why is the federal government bigger today than it was 40 years ago?” – Oliver Wiseman, writing a review of a book that alleges that most of our problems today were caused by free market think tanks and intellectuals. Wiseman is, rightly, dismissive of the book’s central claim. October 27th, 2020 | 10 comments - (Comments are closed)
“In the first week of October, there were 91,013 cases of coronavirus reported in England and Wales, and 343 Covid-related deaths. That same week a total of 9,954 people died from various causes. Of those, just 4.4 per cent of the death certificates mentioned Covid-19.” – Annabel Fenwick Elliot, writing in the Daily Telegraph about the UK experience. October 21st, 2020 | 54 comments - (Comments are closed)
Like a number of other readers of this blog, I have wondered how or whether the COVID-19 disaster, and the government responses to it, might actually lead to a sort of “libertarian moment” when people wake up to the insight, which this blog likes to make from time to time, that “the State is not your friend”. It might be too early to know whether the clampdowns will have this effect on people, but they might. During the 1940s the policy of food rationing, continued through the decade, and only ended by the time of the Queen’s Coronation in 1953, became hated. Churchill, with his gift for a phrase (I hope Boris Johnson remembers this), said his party would “Set the People Free”; he also talked of a “Bonfire of Controls”. If Mr Johnson has any sense, he will embrace such a move as soon as possible. The failures so far of government over issues such as test and trace, and the chopping and changing of direction, with the current 3-tired restriction system, are surely examples of the folly of state central planning. As I have noted before, the National Health Service in many ways demonstrates the weaknesses of 1940s-era central planning. FA Hayek’s point about the “fatal conceit” of socialism, and of the hubristic idea that planners can run a society so much more intelligently than through the extended order of a free society, is truer than ever. On the other hand, those parts of the economy able to work more or less freely, such as supermarkets, delivery services and internet-driven communications channels, have more than risen to the challenge. That point needs to be rammed home over and over. One of the problems with the 2008-09 financial crash was that a false narrative was allowed to take root that the cause was “evil bankers”, “greed” and laughably, “unregulated capitalism”. The cause was in fact more about state-influenced imprudent lending, too-big-to-bail promises of bailouts, years of underpriced money, and unwarranted confidence in risk management models. (See this excellent analysis in the book Alchemists of Loss, by Kevin Dowd and Martin Hutchinson.) We are arguably still paying the price for not pushing those insights hard enough. So I’d argue that one important lesson of the current shit-show is that it is vital to point out that it is free individuals, able to act on their initiative and through voluntary co-operation, and not the hubristic powers of a State, that holds the key to getting us to a better place. Addendum: Here is a good point made by Sam Welsh in the Sunday Telegraph today:
October 18th, 2020 | 69 comments - (Comments are closed)
“Two bad things have happened at once. The first is that the phrase itself has been captured. “Safe spaces” for students are used to justify the “no-platforming” of thinkers who warn against the oppressiveness of “woke” doctrines. The Canadian psychologist Jordan Peterson is only the most famous of the victims: he was offered a visiting fellowship at Cambridge but then, in March last year, was denied it after protests that his views might upset students. The second is that British universities, craving cash and students from foreign countries, have become dangerously uncritical of the terms on which they accept them. This is particularly true in relation to some Arab countries and even more so in relation to China.” – Charles Moore, Daily Telegraph (£) October 15th, 2020 | 15 comments - (Comments are closed)
As the Daily Telegraph points out in its sharp (behind paywall) takedown of the UK government’s lockdown enthusiasm, the argument that we need to crush what is left of the UK economy to “protect” the National Health Service is based on the idea that the NHS will be overwhelmed by Covid-19 (despite the UK having had the late spring and summer to prepare for now). As the newspaper points out, the NHS is always “overwhelmed” this time of year because of flu and other winter-related bugs and diseases:
I occasionally read that the current “Tory” (yup, the scare quotes are there for a reason, folks) is moving away from all that ideological Thatcherite stuff about freedom, markets, scepticism of Big Government, to a more “pragmatic”, paternalistic approach. And yet the past few months have surely rammed home the message that the State does a lot of things very badly, while private enterprise, given the opportunity and freedom, does things rather better. The contrast between the ingenuity of supermarkets and their inventory management, on the one hand, and the NHS and its clunky, Soviet-style resource allocation, on the other, is harder and harder to ignore (example: cancer patients). And yet a vast swathe of UK public opinion, reinforced by all those cute rainbow symbols about “our NHS”, buys into the idea that this creation of late 1940s socialism and central planning is one of the high points of Western civilisation. We want to erase the very “problematic” Lord Horatio Nelson from Greenwich, apparently, but woe betide anyone who so much as suggests the NHS isn’t one of the Good Things of UK history. Remember the 2012 Olympic Games opening ceremony where, just before Daniel Craig as 007 did his skit with the Queen, we had a whole choreographed display honouring the NHS? Sentimentality, Charles Dickens’ besetting vice as a novelist, is, I fear, shared by much of the UK public. It is an illness every bit as bad as that of COVID-19. (As a corrective, I can recommend The Welfare State We’re In, by James Bartholomew. The book challenges many of the founding myths around the NHS, such as the idea that only the very rich got medical care before the late 1940s). October 12th, 2020 | 38 comments - (Comments are closed)
“When your political system can be thrown into hysteria by something as predictable as the death of an octogenarian with advanced cancer, there’s something wrong with your political system. And when your judicial system can be redirected by such an event, there’s something wrong with your judicial system, too.” – Glenn Reynolds, “Mr Instapundit”, and US law prof. September 21st, 2020 | 17 comments - (Comments are closed)
“Fall is almost here in California. So we know the annual script. A few ostracized voices will again warn in vain of the need to remove millions of dead trees withered from the 2013–14 drought and subsequent infestations, clean up tinderbox hillsides, and beef up the fire services. They will all be ignored as right-wing nuts or worse. Environmentalists will sneer that the new forestry sees fires as medicinal and natural, and global warming as inevitable because of “climate deniers.” Late-summer fires will then consume our foothills, mountains, and forests. Long-dead trees from the drought will explode and send their pitch bombs to shower the forest with flames. Lives, livelihoods, homes, and cabins will be lost — the lamentable collateral damage of our green future. Billions of dollars will go up in smoke. The billowing haze and ash will cloud and pollute the state for weeks if not months. Tens of thousands will be evacuated and their lives disrupted — and those are the lucky.” September 16th, 2020 | 16 comments - (Comments are closed)
“According to this theory of leadership, convictions don’t count for much: politics is a science, and leaders are little more than vectors, conveying carefully calibrated versions of externally-validated truths to the masses in order to secure maximum support and compliance. Reports from the cabinet subgrouping in charge of Covid policy suggest that the new ‘rule of six’ was chosen instead of eight not for epidemiological reasons, but for purposes of “messaging clarity”. It was thought that, since the number six was already out there, it should be retained for simplicity’s sake; eight would only complicate things. And so the lives of England’s 55 million citizens are to be drastically altered “for the foreseeable future” according to the principles of campaign science.” September 14th, 2020 | 43 comments - (Comments are closed)
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