Whatever you may think of Trump, he has been the strongest unequivocal supporter of Israel since its independence and his recent executive order strikes a strong blow to anti-Semitism on college campuses. To draw a conclusion from this that he is a tool of the alternate right requires a willing suspension of the obvious.
Read MoreThe American founders used reason to unleash freedom. The Europeans used reason to crush it. Reason without freedom constructs a reality rather than recognizing it as it is and adapting to it. Constructing a reality is a despotic enterprise.
Read MorePoliticians tend to promise benefits without paying for them, hiding the true cost in a maze of mandates, cross subsidies, proxies, and regulations.
Read More“Such quacks—Swift called them “speculators” and “virtuosi”—rely upon a mystical grimoire, a “book of shadows” filled with spells, incantations, and rituals that will remake the world as if by magic. It’s not science, it’s enchantment. “
Read More“Being poor is the worst kind of competitive advantage to have, and only two kinds of people pursue that advantage as a matter of national policy. “
Read MoreNo business is likely to prosper by neglecting its employees, customers, suppliers, or the community, but none of these ‘stakeholders’ can benefit unless the business can turn a profit and provide a suitable return to its shareholders. These actors who assume otherwise are either a)ignorant of business dynamics and the function of prices and profits or b) suffering from a guilty conscience and projecting their own moral compromises onto others.
Read More“Slavery required a culture that held labor in contempt. The North, with its celebration of labor, especially working for money, became even more different from the lazy, slaveholding South. By the 1850s, the two sections, though both American, possessed two different cultures.”
Read More“I do not believe that only those who fail to study history are doomed to repeat it. Plenty of people who study history are entirely capable of making the same mistakes as their ancestors, and worse ones, too. “
Read MoreBoth sides refuse to re-examine the proper role of the presidency, and focus on the president in power. It may seem unrealistic to return to constitutional norms, but the alternative seems to be an escalation of the bitterness of our politics.
Read More“From public choice theory, we also know that government actors have an incentive to pursue shortsighted policies that create highly visible benefits to voters now and impose uncertain costs at some point in the future.”
Read More“It’s an understandable temptation, in the sense that changing, say, tax credits is far less daunting than repairing a culture. But then, who are the real materialists, if the answer to a cultural meltdown isn’t to address the human soul but to say, “Don’t worry, we can engineer it all through regulation and the tax code”?
Read More“But politics in a republic is almost never about unity. Rather, politics is the art of negotiating differences. Democracy is about disagreement, not agreement. When politicians say: “The time for debate is over” or “Let’s put politics aside,” they’re really saying “shut up” to those who disagree.”
Read More“To the contrary, it’s because they don’t believe politicians recalibrating the tax code in the name of the common good will bring about the moral economy. It’s because they don’t believe technicians redirecting capital investment will work, or that it can be had with no costs or unintended consequences. Above all, it’s because they believe that trusting Washington to give us a new and improved capitalism by repurposing private companies to serve the priorities of the government rather than those of their owners requires a faith far greater than any ever demanded by the Lord.”
Read More“Those of you with $1,001 in savings worth have more in the bank than the great majority of all Americans. That is not because Bill Gates and you hoovered all the money up — it is because a great many Americans do not save very much.”
Read More“Assuming some benevolent government will institute quick and perfect Keynesian business cycle corrections that maintain full employment, or that government provision or regulation will result in ideal outcomes in other markets, leads to unwise policy making—and to public displeasure with the outcomes of government.”
Read More“The conception of man deliberately building his civilization stems from an erroneous intellectualism that regards human reason as something standing outside nature and possessed of knowledge and reasoning capacity independent of experience. “
Read MoreCapitalism works best when knowledge and power meet. Government is power without knowledge; regulation strips power from knowledge. It is suspicious when the answer to unfettered capitalism which does not exist is unfettered government which is the greater problem. It is hard to conceive of distant parties with no skin in the game making wiser decisions than people who have to face the consequences of their choices. The problem is political actors who want to dispense benefits without paying for them.
Read More“In fact, one of the central economic insights of modern conservatism is that technocratic interventions—typically undertaken by the brightest of people with the best of intentions—often don’t work and are frequently counterproductive. ”
Read More“In such a society freedom of action is granted to the individual, not because it gives him greater satisfaction but because if allowed to go his own way he will on the average serve the rest of us better than under any orders we know how to give.”
Read More“It is because we normally do not know who knows best that we leave the decision to a process which we do not control. But it is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.”
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