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

Taking offence cannot be equated to being criminally victimised.

– “Cannot” as in: “should not”. Sadly, they just did. That’s Richard Carey, writing at Libertarian Home about the disappearance of the blog and twitter feed of Old Holborn, and other twitter accounts, for the crime of being “inappropriate and offensive”.

Samizdata quote of the day

[W]hen you pull a gun the implication is that you will use it. All subsequent actions proceed on that basis. When you raise your interactions to that level here in Wisconsin you should bear in mind that Wisconsin is a concealed carry state. You better be prepared to play for the stakes you wager.

– Samizdatista Midwesterner, discussing the implications of coercing people into ‘doing the right thing‘ with threats.

Samizdata quote of the day

Ah “intellectuals” – do you not just love them?

I do – especially with chips.

– Paul Marks

Frank Turner: “What riled people was that I’m an economic liberal as well …”

I have been interested in Frank Turner, who is a popular singer, ever since he performed at the London Olympics opening ceremony, and a Labour MP got angry about that:

Turns out his libertarianism and belief in the power of the people to resist oppression aren’t of the leftist sort. They’re of the rightist sort.

Oh dear. Not allowed. Can’t be a popular pop singer and even think things like that, let alone say them.

And just now, things on the Frank Turner front are getting rather interesting. NME have done an intereview with him. The NME website reports:

“David Cameron is a twat,” he says. ” He carries himself with the attitude that he’s Prime Minister because he thinks he should be, which is a deeply unpleasant trait. I wouldn’t vote for that c**t. But I’m amused when people spout that ‘Nick Clegg stabbed me in the back’ stuff, because the Lib Dems have always been a deeply unprincipled mish-mash of unrealistic bullshit. They’re all politicians at the end of the day – so fuck ’em all.”

If that had been the only Frank Turner quote in this report worth requoting, that would have been today’s SQotD. But there is more. Turner also spoke about that Guardian piece (here‘s the link again):

The troubadour, who is set to release his fifth album ‘Tape Deck Heart’ on April 22, also spoke about his political beliefs, after apparently being “outed” by The Guardian as right wing last year. “That article was a misrepresentation of my politics, which are 100 per cent based in punk rock; freedom, independence, self-reliance and voluntary co-operation between people. Broadly speaking, I’m a classical liberal. What riled people was that I’m an economic liberal as well,” he said. Read the full interview with Frank Turner in this week’s NME.

Today, I intend to be doing exactly that.

Samizdata quote of the day

“As we mourn the passing of a remarkable Prime Minister, we should reflect on the lessons we can learn from Lady Thatcher. She showed courage, conviction, determination and placed great faith in the wisdom of ordinary men and women. We should celebrate her legacy, but also consider how to emulate her today.”

– Mark Littlewood, director general of the Institute of Economic Affairs. That think tank has played a legendary role in developing some of the ideas that influenced Margaret Thatcher, whose funeral was held today. RIP, Maggie.

Samizdata quote of the day

No. North Korea is not socialism betrayed. It is socialism done.

Which everyone here knows, but it is worth repeating.

– Brian Micklethwait

Samizdata quote of the day

Indulge me in a little sermon. The tradition among many anthropologists and archaeologists has been to treat the past as a very different place from the present, a place with its own mysterious rituals. To cram the Stone Age or the tribal South Seas into modern economic terminology is therefore an anachronistic error showing capitalist indoctrination. This view was promulgated especially by the anthropologist Marshall Sahlins, who distinguished pre-industrial economies based on ‘reciprocity’ from modern economies based on markets. Stephen Shennan satirises the attitude thus: ‘We engage in exchanges to make some sort of profit; they do so in order to cement social relationships; we trade commodities; they give gifts.’ Like Shennan, I think this is patronising bunk. I think people respond to incentives and always have done. People weigh costs and benefits and do what profits them. Sure, they take into account non-economic factors, such as the need to remain on good terms with trading partners and to placate malevolent deities. Sure, they give better deals to families, friends and patrons than they do to strangers. But they do that today as well. Even the most market-embedded modern financial trader is enmeshed in a web of ritual, etiquette, convention and obligation, not excluding social debt for a good lunch or an invitation to a football match. Just as modern economists often exaggerate the cold-hearted rationality of consumers, so anthropologists exaggerate the cuddly irrationality of pre-industrial people.

– This little “sermon” is on pp. 133-4 of The Rational Optimist by Matt Ridley (also quoted in this earlier posting here), in the chapter about the simultaneous rise of agriculture and early industrial specialisation, all within the context of a wider web of exchange relationships. What most clearly distinguishes humans from animals, and successful humans from all the failures, says Ridley, is trade.

Early agriculture and early industrial specialisation are both manifestations of the division of labour, which depends on trade. You can’t have early agriculture without specialists supplying crucial agricultural implements, such as axes to clear forests. You can’t have specialist suppliers of agricultural implements without specialist food-growers feeding them.

Looking for turning points

As the editor of CityAM points out, getting the narrative right is essential. The Left is great at understanding this, whereas classical liberals/libertarians have tended not to be, although part of it comes down to numbers of people.  That is why it is essential, in my view, for people who want to push the tide of affairs in a better direction to break into the MSM, as well as keep pushing new channels of media in the internet age.

With that thought of narratives in mind, it seems to me vital to keep pushing back at the idea that 2008 was caused by “unregulated capitalism”. It is utter nonsense. And the “Austrian” school is the best place to go in figuring this out:

Austrian economists were among the main critics of the pre-2007 economy and financial system – there, were, of course, critics from other backgrounds too – warning of the absurd monetary policies being pursued by central banks, of the moral hazard from the authorities’ interventions, and of the hubris inherent in many mathematical financial models. Neo-Hayekians criticised Alan Greenspan and Ben Bernanke long before it became fashionable to do so, blaming them for the dot.com and housing bubbles. Austrians were aghast at the bailouts.

Hayekian ideas form the basis for an alternative intellectual framework being developed by a record number of scholars, especially in eastern Europe, the US, Latin America and even China. They are looking at ways in which market institutions can be harnessed to prevent another crisis, tackle the environment and find better ways of providing welfare, education and health. Politics is in a deeply statist phase. Eventually, however, the tide will turn, and Thatcher’s guru will be celebrated once again.

Heath is right – we are in a statist phase right now, not just in the UK. Perhaps the turning point may come from a country that hasn’t been considered. Maybe, for example, one of the continental European nations takes a dramatic turn towards sanity, although at present the odds look low on that. I still think Asia is going to be where the impetus will come from. Consider what might happen if China, India or, say, Indonesia adopts a gold-backed currency and other radical reforms. If Asian policymakers quote Hayek and Mises more than, say, Keynes or Krugman.

Hong Kong’s example of vibrant, laissez faire success eventually changed the mainland of China. Could Asia eventually force the old West to change course and come to its senses?

 

Samizdata quote of the day

“In 1978, West German Chancellor Helmut Schmidt declared: “England is no longer a developed country.” Just as Spain had, in its decline from Empire, ceased to be part of the developed world, and Argentina followed in the mid-twentieth century, many expected that Britain would go the same way.”

Andrew Lilico.

Of course, in 1979, when I was a mere 13-year-old Suffolk farmer’s son, some blonde lady by the name of Maggie changed Herr Schmidt’s assessment rather drastically. And by the way, since one of the urban myths is how Mrs Thatcher destroyed our manufacturing while Germany encouraged its own, ponder the fact that the value of manufacturing output in this country has scarcely been higher. I just thought I should mention that as part of a daily service.

Samizdata quote of the day

The basic moral issue, however, is that no one has a right to other people’s wealth. Need – even the genuine need of someone suffering through no fault of his own – is not a license to steal. In Ayn Rand’s words `misfortune is not a claim to slave labor; there is no such thing as the right to consume, control, and destroy those without whom one would be unable to survive.’ Does that sound harsh? Consider your own case: Would you regard your hardships as a claim on your neighbor’s paycheck? would you march into his house waving your need around like a gun and helping yourself to his food or his medicine cabinet? Would you think very much of a neighbor who did that to you?

Free Market Revolution, by Yaron Brook and Don Watkins, page 188-189.

Samizdata quote of the day

“In terms of technology I hate to sound ridiculously optimistic, but I am ridiculously optimistic”.

– Terence Kealey

Speaking today at the Liberty League Freedom Forum.

Samizdata quote of the day

Mankind will never enjoy the full social, economic and psychological perfection of the Inuit hunting group, as portrayed by First Peoples — but then real Inuit hunting groups don’t enjoy that either.

Martin Hutchinson