The Final Nail in the Keynesian Coffin?

December 22, 2014

Phineas Fahrquar:

One can only hope. Although, to be fair, Keynes himself would probably criticize the way his acolytes apply his theories.

Originally posted on International Liberty:

I wrote earlier this year about the “perplexing durability” of Keynesian economics. And I didn’t mince words.

Keynesian economics is a failure. It didn’t work for Hoover and Roosevelt in the 1930s. It didn’t work for Japan in the 1990s. And it didn’t work for Bush or Obama in recent years. No matter where’s it’s been tried, it’s been a flop. So why, whenever there’s a downturn, do politicians resuscitate the idea that bigger government will “stimulate” the economy?

And I specifically challenged Keynesians in 2013 to explain why automatic budget cuts were supposedly a bad idea given that the American economy expanded when the burden of government spending shrank during the Reagan and Clinton years.

I also issued that same challenge one day earlier, asking Keynesians to justify their opposition to sequestration given that Canada’s economy prospered in the 1990s…

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Andrew Klavan on the Left’s war against liberty

December 1, 2014
The  will to power

The will to power

Writing at PJMedia, Andrew Klavan considers the Left’s desperation to use race as political tool –pushing narratives that turn out not to be true; then making up racialist fables that don’t need facts, they’re just true, you racist; and, when those fail, causing problems to prove there is a problem that needs their cure–  and wonders why they do this. What purpose does it serve?

Not one to leave us hanging, Andrew also gives us the answer: the quest for power.

The trouble that besets us is not white against black, and it’s not black against white either. It’s the left against liberty.

Leftism — by which I mean the end of liberty through forced “equality” — by which I mean the absolute power of a ruling class over the unwashed many — by which I mean tyranny — by which I mean leftism — uses race as a ploy, uses the poor as pawns, uses violence as a means, but has only one purpose: power; the power of the elite few. As valid excuses to exercise that power (slavery and segregation) fall away, it creates false excuses (Duke, Trayvon, Ferguson). When the false excuses are exposed, it creates make-believe injustices (white privilege, micro-aggression). When the make-believe is laughed off, it seizes the next moment of high tension to spew lies, gin up emotion, and engineer violence. Then, in the aftermath of the wholly unnecessary turmoil, rage and destruction, we’re all supposed to wearily agree: ”Something must be done.”

The only thing that needs to be done is to boot the leftists out of power and off TV.

I’m down with that.

Whether it’s progressivism, with its rule by technocrats and boards of experts, or out and out Alinskyism, which deliberately sets one group against another (“Pick the target, freeze it, personalize it, and polarize it.”), or bare-naked Bolshevism, the Left beyond a mild social liberalism is all about the taking and holding of power. Conservatives and libertarians want government to perform a few tasks, the kind of jobs it’s best suited to (make war, attend to infrastructure, run the courts, &c) and otherwise leave people to look after their own affairs. Government power should be dispersed and as local as practical. The Left, on the the other hand, wants government to do everything and for themselves to be in charge so they can run everyone else’s affairs for them. And the more centralized the authority, the better.

The Right wants to empower people. The Left wants to empower itself, in the name of The People.

PS: I realize Lefties of good faith might well object to this, being motivated by a genuine, albeit misguided, desire to build a better world. Take it from me: Your “leaders” are using you.

RELATED: An essay from Roger L. Simon you should read. Here’s an excerpt:

The Democrats have been reduced to the party of the rich elite (George Soros, Hillary Clinton, Hollywood, Jonathan Gruber-types, edit al.) and the party of the poor exploited by those elites — a lethal combination that takes society exactly nowhere. In essence, they are the party of racism and sexism — that’s about it. Oh, and climate change. There’s a winner for you.

Yep.


Brit Hume reduces progressivism to its essence in 30 seconds

November 16, 2014

Hume here is talking about Obamacare and the admissions by Obamacare architect Jonathan Gruber that deception played a key role in its passage — indeed, that deception was essential. But it isn’t just Obamacare; this attitude of patronizing condescension and even contempt (1) for the average American underlies all progressivism, and thus the governing assumptions of the Democratic Party.

Here’s Brit:

via The Right Scoop

Footnote:
(1) They’ll deny it hotly, of course, but that’s because the truth hurts.


Government Screws Up Everything: The Internet Version

November 14, 2014

Phineas Fahrquar:

A very good video on why we should not let the government regulate the Internet.

Originally posted on International Liberty:

When I read that the Obama Administration wants to regulate the Internet by having the Federal Communications Commission impose “net neutrality” rules, my immediate response is to be opposed.

Does my opposition to more regulation and red tape make me a knee-jerk ideologue?

I suppose so, though I think it’s simply a common-sense instinct.

After all, it’s very difficult to come up with a list of successful interventions by government. So I think my automatic aversion to regulation is akin to my automatic aversion to touching a hot stove. Simply stated, I can’t imagine a positive outcome.

But let’s be “open minded” and consider whether there’s some compelling reason to give politicians and bureaucrats power over the Internet.

This video from Reason TV is a very good introduction to the issue.

And since we’re citing Reason, here’s some of what Nick Gillespie wrote on the issue of so-called net neutrality.

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Greens sneering at Democracy again in wake of Obama climate deal

November 13, 2014

Phineas Fahrquar:

That darned democracy keeps getting in the way of our Intellectual Betters (all bow) by giving the plebes a voice. As the article reminds us, Progressives, such as the NYT’s Tom Friedman, often wish we were more like China. Thank Heaven we’re not.

Originally posted on Watts Up With That?:

If only we were more like China…

Eric Worrall writes:

The Guardian, a green British newspaper, has published yet another green sneer at democracy, with reference to the recent climate agreement between China and America, contrasting the efficient obedience of the Chinese government, with the “difficulties” Obama will encounter, when he faces the democratically elected representatives of the American people.
According to the Guardian,

“While Chinese apparatchiks will, presumably unquestioningly, jump to realize President Xi Jinping’s order to reduce carbon emissions in an ambitious deal with the United States, Barack Obama will come home to a newly elected Congress that will probably tell him to neuter his climate change agenda or be prepared for the kind of knock-down, drag-out fight that could potentially end with a government shutdown.”

http://www.theguardian.com/us-news/2014/nov/12/how-republican-led-congress-could-kill-climate-change-deal
This is not the first time greens have expressed open contempt for democracy. Who can forget former NASA GISS chairman James…

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In the 50-Year War on Poverty, Bureaucrats Have Won while Both Taxpayers and Poor People Have Lost

September 21, 2014

Phineas Fahrquar:

We fought the War on Poverty, and poverty and its allies in the bureaucracy won.

Originally posted on International Liberty:

We know the welfare state is good news for people inside government. Lots of bureaucrats are required, after all, to oversee a plethora of redistribution programs.

Walter Williams refers to these paper pushers as poverty pimps, and there’s even a ranking showing which states have the greatest number of these folks who profit by creating dependency.

But does anybody else benefit from welfare programs?

Robert Rector of the Heritage Foundation explains in the Washington Times that the War on Poverty certainly hasn’t been a success for taxpayers or poor people. Instead, it’s created a costly web of dependency.

This year marks the 50th anniversary of President Lyndon Johnson’s launch of the War on Poverty. …Since then, the taxpayers have spent $22 trillion on Johnson’s war. Adjusted for inflation, that’s three times the cost of all military wars since the American Revolution. Last year, government spent $943…

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Statist Policy and the Great Depression

September 18, 2014

Phineas Fahrquar:

A useful corrective to the liberal myth-making that surrounds the Great Depression

Originally posted on International Liberty:

It’s difficult to promote good economic policy when some policy makers have a deeply flawed grasp of history.

This is why I’ve tried to educate people, for instance, that government intervention bears the blame for the 2008 financial crisis, not capitalism or deregulation.

Going back in time, I’ve also explained the truth about “sweatshops” and “robber barons.”

But one of the biggest challenges is correcting the mythology that capitalism caused the Great Depression and that government pulled the economy out of its tailspin.

To help correct the record, I’ve shared a superb video from the Center for Freedom and Prosperity that discusses the failed statist policies of both Hoover and Roosevelt.

Now, to augment that analysis, we have a video from Learn Liberty. Narrated by Professor Stephen Davies, it punctures several of the myths about government policy in the 1930s.

Professors Davies is right on the…

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