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]

Samizdata quote of the day

Nobody is going to be banning meat in the near future, but that is for political reasons. There are simply too many meat eaters and not enough fanatical vegetarians. It is a question of power, not ethics, and the author of this article – vile authoritarian though he may be – inadvertently makes the libertarian argument very well. If it is the government’s business to prevent people taking voluntary, informed risks about one lifestyle choice, there is no reason to stop at smoking.

He asks whether it’s “OK to allow free choice” or “OK to prevent ‘unhealthy behaviour'”. In my view, the only moral answer is that it’s OK to allow free choice. It is not the government’s business. The author obviously disagrees, but I bet it wouldn’t take long to find something he likes doing that has been linked to cancer. At least his argument makes more sense than the scatter-gun bigotry of people who argue for state force to be used against activities they don’t like while demanding protection for those they do.

Christopher Snowdon, from an article titled “The NHS as a tool of social control”.

Samizdata quote of the day

Class increasingly defines America’s new Culture Wars, pitting the rising power of well-educated, and self-regarding, supermen (or should I say super-people), against those they regard as less cognitively gifted. This clerisy – the media, academia, the well-funded progressive non-profits – is now waging what the Atlantic recently called ‘a war on stupid people’, which, of course, extends particularly to those who back the loutish Trump. As a group, this educated caste shares increasingly uniformly progressive social views and are almost 50 per cent more likely to be Democrats than Republicans.

There are good reasons for the new cognitive class to like the progressive status quo. Along with the corporate aristocracy who fund the Democratic Party, the hyper-educated have thrived under Obama. In contrast, the bulk of the working and middle class have seen their incomes stagnate or decline.

The new class has little stake in the traditional economy – agribusiness, energy, manufacturing, suburban home-building – that has traditionally provided decent employment to the working and middle classes. Some among them, notably the environmental zealots, even decry rising living standards for ordinary Americans as the primary threat to the environment. The entire progressive agenda increasingly constitutes an attempt to drive poverty out of the centre of cities and into the middle class. And in Trumpian fashion, they want to make the middle class, with their tax dollars, pay for the privilege.

Joel Kotkin

Samizdata quote of the day

Private businesses very seldom mount a principled defence of their behaviour. This is why libertarians like to stress that they are pro-market and not pro-business. Business people, being self-interested like anybody else, will attempt to make the most of the circumstances and the majority of them won’t hesitate in accepting legal privilege; indeed many lobby aggressively for it.

Alberto Mingardi

Samizdata quote of the day

But the idea that the human rights we have today represent the culmination of centuries of popular struggle is nonsense. The international system of human-rights law we have today has little in common with the freedoms that were fought for by the radicals of the past. In the 17th and 18th centuries, radicals sought to assert the rights of the citizen against the power of the state. Today’s human-rights courts, by contrast, embolden unelected judges to determine the scope of our liberty.

Luke Gittos

Samizdata quote of the day

And the idea that is the bedrock of all economics is the understanding that complex economic order emerges spontaneously, without central design or guidance, when private property is secure and markets are at least reasonably free – when, in short, there reigns what Adam Smith called the “the obvious and simple system of natural liberty.”

Too many economists today, busy mastering mathematical technique or striving to make their work relevant for current holders of political power, lamentably never learn – much less master – these and other foundational ideas. But no amount of mastery of the idea of the likes of Nash equilibrium or of the Stolper-Samuelson theorem is worth a damn without a mastery of these older, less sexy, yet foundational ideas.

Donald Boudreaux

Samizdata quote of the day

Whenever dismal scientists agree so passionately about the impact of a complex, one-off and multi-faceted event, alarm bells deserve to go off

Allister Heath

Samizdata quote of the day

It wasn’t a failed coup; it’s a successful purge.

Stephen Green, writing about Turkey.

Samizdata quote of the day

What those who instinctively reach for more state regulation of companies such as Uber assume is that a few laws and rules can “perfect” perceived failures of markets without unintended consequences. In other words, they assume markets are “imperfect” but “perfectable”. They judge markets by anecdotal failings and interventions to correct them by intentions.

Those of us who believe that markets tend to work well have more humility about our judgement. We recognise that achieving a perfect market by design is impossible. In life, things go wrong. What we think examples such as the above show is that markets work better than government regulators in developing innovations and institutions for dealing with problems, because that is in fact part of the service customers want. And the best bit? Over time, these new innovations, by enhancing competition, raise the game of everyone else too.

Ryan Bourne

Samizdata quote of the day

If that sounds familiar, it’s because this amounts to Mr. Corbyn’s People’s Quantitative Easing concept in all but name. The idea much derided last year is becoming so mainstream that even a leadership candidate for Britain’s Conservative Party, Stephen Crabb, could recently propose a £100 billion ($130 billion) public-works investment fund that wasn’t so different from PQE. Mr. Corbyn’s PQE is essentially indistinguishable from the suggested 50-year Japanese bonds.

This probably says more about the central bankers’ desperation than Mr. Corbyn’s prescience. With government spending and borrowing constrained by slow growth and high debt, and supply-side reforms still politically far off in many economies, the pressure is mounting on central bankers to act as magicians pulling rabbits out of their hats. The longer this continues, the deeper they’ll have to rummage around for the next rabbit. It’s enough to make one wonder what will be the next extreme idea to follow the journey from crank to orthodoxy.

John Phelan

Samizdata quote of the day

It is widely recognised that today’s generation of so-called snowflakes – with their Safe Spaces, microaggressions and ‘that’s offensive!’ tantrums – has its roots in an educational system governed by therapeutic norms. The same was true of the London riots. They emerged from the same assertive grievance culture, the same well of victimhood and entitlement, the same sense that it’s all someone else’s fault. One young rioter even justified his trashing of a local branch of Comet on the grounds he didn’t get a job there. Other kids gloated about how ‘we can do what we want’, a dismissive attitude to adult authority they no doubt picked up at school.

Now, five years on from the London riots, some commentators argue that welfare cuts and widening inequality mean that ‘many of the conditions that created the riots are still in place’. London’s Time Out magazine went further by arguing that the Brexit vote means that racism has acquired a new-found respectability, which will lead to greater poverty for, and ill-treament of, London’s ethnic minorities.

These cheap anti-Brexit jibes raise a question: why are marginalised rioters viewed with sympathy, while poor, marginalised Brexit voters are viewed with contempt? Why are the violent actions of looters and arsonists interpreted as a legitimate protest, while voting to leave the EU is seen as an exercise in brainwashed stupidity?

Neil Davenport

Samizdata quote of the day

Political correctness is fascism pretending to be manners

George Carlin

Samizdata quote of the day

For those that already have, Mark Carney is the gift that keeps on giving. Borrowed imprudently and struggling to make those interest payments ? Worry not; the Bank of England has your back. For those that don’t have, the Bank of England is taking away your chance of ever realistically saving anything, now that interest rates have been driven down to new historic lows of 0.25%, and may go lower yet. For the asset-rich, for the 1%, for property speculators, and for zombie companies and banks, Carney is your man. For the asset poor, or for savers, or pensioners, or insurance companies, or pension funds, the Bank of England has morphed from being anti-inflationary fireman to monetary arsonist.

Tim Price