Showing posts with label society. Show all posts
Showing posts with label society. Show all posts

Saturday, October 22, 2011

Listen to Mustn'ts


Listen to MUSTN'TS, child,
Listen to the DON'TS
Listen to the SHOULDN'TS
the IMPOSSIBLES, the WONT'S
Listen to the NEVER HAVES
Then listen close to me -
Anything can happen, child,
ANYTHING can be.

- Shel Silverstein

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Saturday, April 16, 2011

Justice Department Deals Ultimate Bad Beat


The federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players.

Did you really think that we want those laws to be observed?” said Dr. Ferris. “We want them broken. You’d better get it straight that it’s not a bunch of boy scouts you’re up against—then you’ll know that this is not the age for beautiful gestures. We’re after power and we mean it. You fellows were pikers, but we know the real trick, and you’d better get wise to it. There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted—and you create a nation of law-breakers—and then you cash in on guilt. Now that’s the system, Mr. Rearden, that’s the game, and once you understand it, you’ll be much easier to deal with.

Atlas Shrugged - Ayn Rand, 1957

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Wednesday, March 30, 2011

Basketball Ides of March


The gym lights gleam like a beacon beam
And a million motors hum
In a good will flight on a Friday night;
For basketball beckons, "Come!"
A sharp-shooting mite is king tonight.
The Madness of March is running.
The winged feet fly, the ball sails high
And field goal hunters are gunning.

The colors clash as silk suits flash
And race on a shimmering floor.
Repressions die, and partisans vie
In a goal acclaiming roar.
On a Championship Trail toward a holy grail,
All fans are birds of a feather.
It's fiesta night and cares lie light
When the air is full of leather.

Since time began, the instincts of man
Prove cave and current men kin.
On tournament night the sage and the wight
Are relatives under the skin.
It's festival time, sans reason or rhyme
But with nation-wide appeal.
In a cyclone of hate, our ship of state
Rides high on an even keel.

With war nerves tense, the final defense
Is the courage, strength and will
In a million lives where freedom thrives
And liberty lingers still.
Now eagles fly and heroes die
Beneath some foreign arch
Let their sons tread where hate is dead
In a happy Madness of March.

H.V. Porter - IHSA Magazine, 1942

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Tuesday, March 22, 2011

Excerpts from "The Law" - V

What is law? What ought it to be? What is its domain?
What are its limits? Where, in fact, does the prerogative
of the legislator stop?

I have no hesitation in answering, Law is common
force organized to prevent injustice;—in short, Law is Justice.

It is not true that the legislator has absolute power
over our persons and property, since they pre-exist, and
his work is only to secure them from injury.

It is not true that the mission of the law is to regulate
our consciences, our ideas, our will, our education, our
sentiments, our works, our exchanges, our gifts, our
enjoyments. Its mission is to prevent the rights of one
from interfering with those of another, in any one of these
things.


Law, because it has force for its necessary sanction,
can only have the domain of force, which is justice.

And as every individual has a right to have recourse to
force only in cases of lawful defense, so collective force,
which is only the union of individual forces, cannot be
rationally used for any other end.

The law, then, is solely the organization of individual
rights that existed before law.

Law is justice.

So far from being able to oppress the people, or to
plunder their property, even for a philanthropic end, its
mission is to protect the people, and to secure to them the
possession of their property.

It must not be said, either, that it may be philanthropic,
so long as it abstains from all oppression; for this
is a contradiction. The law cannot avoid acting upon our
persons and property; if it does not secure them, then it
violates them if it touches them.

The law is justice.
Frederic Bastiat - The Law(1850)

Bastiat's The Law can be found for free here and here, or at Amazon .

Other excerpts linked here: I, II, III, IV, V

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Monday, March 21, 2011

Excerpts from "The Law" - IV

Socialism, like the old policy from which it emanates,
confounds Government and society. And so, every time
we object to a thing being done by Government, it concludes
that we object to its being done at all. We disapprove
of education by the State—then we are against education
altogether. We object to a State religion—then we
would have no religion at all. We object to an equality
which is brought about by the State then we are against
equality, etc., etc. They might as well accuse us of wishing
men not to eat, because we object to the cultivation of
corn by the State.

Frederic Bastiat - The Law(1850)

Bastiat's The Law can be found for free here and here, or at Amazon .

Other excerpts linked here: I, II, III, IV, V

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Sunday, March 20, 2011

Excerpts from "The Law" - III

You say, “There are men who have no money,” and
you apply to the law. But the law is not a self-supplied
fountain, whence every stream may obtain supplies independently
of society. Nothing can enter the public treasury,
in favor of one citizen or one class, but what other citizens
and other classes have been forced to send to it. If
everyone draws from it only the equivalent of what he has
contributed to it, your law, it is true, is no plunderer, but
it does nothing for men who want money—it does not
promote equality. It can only be an instrument of equalization
as far as it takes from one party to give to another,
and then it is an instrument of plunder. Examine, in this
light, the protection of tariffs, subsidies, right to profit,
right to labor, right to assistance, free public education,
progressive taxation, gratuitousness of credit, social
workshops, and you will always find at the bottom legal
plunder, organized injustice.

You say, “There are men who want knowledge,” and
you apply to the law. But the law is not a torch that sheds
light that originates within itself. It extends over a society
where there are men who have knowledge, and others
who have not; citizens who want to learn, and others who
are disposed to teach. It can only do one of two things:
either allow a free operation to this kind of transaction,
i.e., let this kind of want satisfy itself freely; or else preempt
the will of the people in the matter, and take from
some of them sufficient to pay professors commissioned
to instruct others for free. But, in this second case there
cannot fail to be a violation of liberty and property—legal
plunder.

You say, “Here are men who are wanting in morality
or religion,” and you apply to the law; but law is force,
and need I say how far it is a violent and absurd enterprise
to introduce force in these matters?

Frederic Bastiat - The Law(1850)

Bastiat's The Law can be found for free here and here, or at Amazon .

Other excerpts linked here: I, II, III, IV

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Saturday, March 19, 2011

Excerpts from "The Law" - II

It is in the nature of men to rise against the injustice
of which they are the victims. When, therefore, plunder is
organized by law, for the profit of those who perpetrate
it, all the plundered classes tend, either by peaceful or revolutionary
means, to enter in some way into the manufacturing
of laws. These classes, according to the degree of
enlightenment at which they have arrived, may propose to
themselves two very different ends, when they thus
attempt the attainment of their political rights; either they
may wish to put an end to lawful plunder, or they may desire to
take part in it.

Woe to the nation where this latter thought prevails
amongst the masses, at the moment when they, in their
turn, seize upon the legislative power!
Bastiat - The Law(1850)

Bastiat's The Law can be found for free here and here, or at Amazon .

Other excerpts linked here: I, II, III, IV

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Friday, March 18, 2011

Excerpts from "The Law"


What is Law?

It is not because men have made laws, that personality,
liberty, and property exist. On the contrary, it is
because personality, liberty, and property exist beforehand,
that men make laws. What, then, is law? As I have
said elsewhere, it is the collective organization of the individual
right to lawful defense.

Nature, or rather God, has bestowed upon every one
of us the right to defend his person, his liberty, and his
property, since these are the three constituent or preserving
elements of life; elements, each of which is rendered
complete by the others, and that cannot be understood
without them. For what are our faculties, but the extension
of our personality? and what is property, but an
extension of our faculties?

If every man has the right of defending, even by force,
his person, his liberty, and his property, a number of men
have the right to combine together to extend, to organize
a common force to provide regularly for this defense.

Collective right, then, has its principle, its reason for
existing, its lawfulness, in individual right; and the common
force cannot rationally have any other end, or any
other mission, than that of the isolated forces for which it
is substituted. Thus, as the force of an individual cannot
lawfully touch the person, the liberty, or the property of
another individual—for the same reason, the common
force cannot lawfully be used to destroy the person, the
liberty, or the property of individuals or of classes.
For this perversion of force would be, in one case as
in the other, in contradiction to our premises. For who
will dare to say that force has been given to us, not to
defend our rights, but to annihilate the equal rights of our
brethren? And if this be not true of every individual force,
acting independently, how can it be true of the collective
force, which is only the organized union of isolated
forces?

Nothing, therefore, can be more evident than this:
The law is the organization of the natural right of lawful
defense; it is the substitution of collective for individual
forces, for the purpose of acting in the sphere in which
they have a right to act, of doing what they have a right
to do, to secure persons, liberties, and properties, and to
maintain each in its right, so as to cause justice to reign
over all.
Frederic Bastiat - The Law(1850)

Bastiat's The Law can be found for free here and here, or at Amazon .

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Thursday, March 10, 2011

Imagine


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Wednesday, August 11, 2010

Depression in Color



These images, by photographers of the Farm Security Administration/Office of War Information, are some of the only color photographs taken of the effects of the Depression on America’s rural and small town populations. The photographs are the property of the Library of Congress and were included in a 2006 exhibit Bound for Glory: America in Color.

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Wednesday, March 3, 2010

Desolation


Cole Thomas - The Course of Empire, 1836

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Tuesday, March 2, 2010

The Destruction of Empire



Cole Thomas - The Course of Empire, 1836

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Monday, March 1, 2010

The Consummation of Empire


Cole Thomas - The Course of Empire, 1836

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Sunday, February 28, 2010

The Arcadian or Pastoral State


Cole Thomas - The Course of Empire, 1836

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Saturday, February 27, 2010

The Savage State



Cole Thomas - The Course of Empire, 1836

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Tuesday, February 9, 2010

Economics in One Lesson


By far the most concise and easy to digest economics book I have read is Economics in One Lesson by Henry Hazlitt. It deftly dispatches a wide range of well worn economic fallacies in a little over 200 pages. It, along with an amazing amount of other economic literature, can be found for free at the Foundation of Economic Education (FEE.org). It is a classic cornerstone of any economic library, and after reading the pdf, I certainly recommend getting your own copy.



The Lesson
...

In this lies the whole difference between good economics and bad. The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economist sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups.

The distinction may seem obvious. The precaution of looking for all the consequences of a given policy to everyone may seem elementary. Doesn't everybody know, in his personal life, that there are all sorts of indulgences delightful at the moment but disastrous in the end? Doesn't every little boy know that if he eats enough candy he will get sick? Doesn't the fellow who gets drunk know that he will wake up next morning with a ghastly stomach and a horrible head? Doesn't the dipsomaniac know that he is ruining his liver and shortening his life? Doesn't the Don Juan know that he is letting himself in for every sort of risk, from blackmail to disease? Finally, to bring it to the economic though still personal realm, do not the idler and the spendthrift know, even in the midst of their glorious fling, that they are heading for a future of debt and poverty?

Yet when we enter the field of public economics, these elementary truths are ignored. There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: “In the long run we are all dead.” And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.

But the tragedy is that, on the contrary, we are already suffering the long-run consequences of the policies of the remote or recent past. Today is already the tomorrow which the bad economist yesterday urged us to ignore. The long-run consequences of some economic policies may become evident in a few months. Others may not become evident for several years. Still others may not become evident for decades. But in every case those long-run consequences are contained in the policy as surely as the hen was in the egg, the flower in the seed.

From this aspect, therefore, the whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

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Monday, January 25, 2010

A Battle For the Ages

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Friday, January 22, 2010

Paved With Good Intentions

Heralded as a win for the consumer, the new federal rules governing credit cards will no doubt have many unintended consequences. Lenders have already begun to raise introductory rates. With other rates capped, it stands to reason that yearly fees for more consumers will be implemented or increased to offset risk. Those who are deemed less creditworthy can certainly expect to have less credit extended in their direction. I would think the individual would like to make the determination if he is charged 25% or unable to get credit at all, not to have that determination made for him. This, along with extra regulation on payday lenders, leads me to believe more people will be driven to even more unscrupulous lenders - perhaps the local loanshark can still fulfill their needs.

Covered here at mises.org:

But our governments — instead of viewing the supposed consumer crisis in terms of the question of why such potential card holders are, in fact, a risk, or from the reference point of moral hazard (via Federal Reserve protection) — have become duped into thinking that they can change market fundamentals.

The fact remains that deserving creditors demand to be rewarded for such reliability, and competition (via low interest rates, cash-back rewards, etc.) is the vehicle that delivers these rewards. Likewise, uncreditworthy recipients carry with them a liability that can only be compensated by higher yearly fees or rates of interest.

There is no hidden racial agenda or vast conspiracy on the behalf of the bourgeoisie. There are simply lenders and borrowers engaging in what they deem to be mutually beneficial transactions. Whether these transactions are, in actuality, beneficial or not is not a political question at all. Instead, it is an educational question, and a function of time.

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Saturday, January 16, 2010

On Haiti


- From mises.org, some thoughts on charity and aid: Helping Haiti.

Those folks need our charity. Consider finding a suitable private organization and give, if only a little. Rest assured that charity and liberty go together. And realizing a psychic profit through helping others does add value to your world.
- A concise history of Haiti and some insight into their crushing poverty, from Degrees of Freedom:

Degrees of Freedom: A Brief History Of Haiti: Politics, Philosophy and Economics from a libertarian point of view.

- I also recall a chapter in Jared Diamond's Collapse that covered Haiti and the Dominican Republic. The picture above clearly shows the border between the two nations, and highlights the deforestation that exacerbates poverty and intensifies devastation from natural disasters.

From Collapse:
The Dominican Republic is also a developing country sharing Haiti's problems, but it is more developed and the problems are less acute, per capita income is five times higher, and the population density and population growth rates are lower. For the past 38 years the Dominican Republic has been at least nominally a democracy without any military coup, and with some presidential elections from 1978 onwards resulting in the defeat of the incumbent and the inauguration of a challenger, along with others marred by fraud and intimidation. Within the booming economy, industries earning foreign exchange include an iron and nickel mine, until recently a gold mine, and formerly a bauxite mine; industrial free trade zones that employ 200,000 workers and export overseas; agricultural exports that include coffee, cacao, tobacco, cigars, fresh flowers, and avocados (the Dominican Republic is the world's third largest exporter of avocados); telecommunications; and a large tourist industry. Several dozen dams generate hydroelectric power. As American sports fans know, the Dominican Republic also produces and exports great baseball players.

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Monday, December 14, 2009

Joe Says No?


It is being extensively reported that Joe Lieberman and other centrist Senators are pulling support for a deal that would expand Medicare, creating a de facto "public option".


Both Snowe and Lieberman have said they opposed the proposal to allow some Americans ages 55 to 64 to buy into the federal Medicare program.

Nelson, who tried unsuccessfully to amend the bill with tougher restrictions on federal funding for elective abortions, said on CBS' "Face the Nation" on Sunday that he considered the Medicare proposal to be "the forerunner of single-payer, the ultimate single-payer plan."
Let's hope the moderates continue to oppose these measures that would only exacerbate the health care industry's current ills.

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