(Normal service resumes tomorrow. Maybe.)
It’s Independence Day here in the US, in which we celebrate our break with the British Empire. We’re 240 years old and, despite what some sanctimonious Lefty scolds might think, I think we’re doing pretty darned good. We’re not without our problems or faults, for instance two major parties that manage to find the two worst people possible to nominate for president, but I continue to believe America is exceptional among the nations of the world and that we are indeed a force for good. If you’re looking for some good Independence Day reading, there’s always the Declaration of Independence itself. Think of it as a short ideological summation of who and why we are.
Then there’s the US Constitution and the Bill of Rights, which function as a citizen’s “owner’s manual.” And yes, to those of you in other countries raising an eyebrow about now, we do tend to place those documents on a pedestal. You have to admit, however, they’ve worked well for over two centuries. How many republics and constitutions has France had in that time?
Gosh, it’s become quiet….
A lot’s been written around the Web about today, so I’ll spare you my musings. Instead, I want to leave you with something that I think symbolizes the best of the “Spirit of 1776:” a reenlistment ceremony held in 2008 in Baghdad in Saddam Hussein’s former palace, Al Faw. Over 1,200 enlisted personnel volunteered for another tour of duty, sworn in by General Petraeus himself:
Eat that, Michael Moore. Oh, and Congressman Murtha? What was that about our military being broken?
Happy 4th of July, folks. Enjoy the hot dogs and fireworks.
UPDATE: Historian Victor Davis Hanson, as always, puts it better than I:
The Founders’ notion of the rule of law, coupled with freedom of the individual, explains why the United States runs on merit, not tribal affinities or birth. Most elsewhere, being a first cousin of a government official, or having a prestigious name, ensures special treatment from the state. Yet in America, nepotism is never assured. End that notion of American merit and replace it with racial tribalism, cronyism or aristocratic privilege, and America itself would vanish as we know it.
There is no rational reason why a small republican experiment in 1776 grew to dominate global culture and society — except that America is the only nation, past or present, that put trust in the individual rather than in the state and its elite bureaucracy. Such confidence in the average free citizen made America absolutely exceptional — something we should remember more than ever on this Fourth of July.
Those notions are being put to a test these days as progressives try ever harder to divide us on tribal lines and turn free citizens into wards of the State while the two parties nominate exemplars of “cronyism and aristocratic privilege,” but I still believe they’re true.
Note: This is a republication of a post I wrote in 2008, edited to repair broken links or replace text no longer available on the web.
From Public Secrets Global HQ, wishing you and yours a very Merry Christmas and many happy surprises under your tree:
UPDATE: Here’s a very interesting article by historian John Steele Gordon on the origins and history of Christmas, including the story of how it came to fall on the end of the Roman holiday of Saturnalia. Smart man, that Pope Liberius: A Brief History of Christmas. (Hint: search the author and title in Google to get past the subscriber wall.)
The VAT is to me an obviously bad idea, especially as long as there is also an income tax. But why Senators Cruz and Paul would support one is way beyond me.
In early 2013, a reader asked me the best place to go if America suffered a Greek-style economic collapse.
I suggested Australia might be the best option, even if I would be too stubborn to take my own advice.
Perhaps because of an irrational form of patriotism, I’m fairly certain that I will always live in the United States and I will be fighting to preserve (or restore) liberty until my last breath.
But while I intend to stay in America, there is one thing that would make me very pessimistic about my country’s future.
Simply stated, if politicians ever manage to impose a value-added tax on the United States, the statists will have won a giant victory and it will be much harder to restrain big government.
But you don’t have to believe me. Folks on the left openly admit that a VAT is necessary to…
View original post 1,184 more words
Had an old friend visiting yesterday, and then today was filled with a bunch of chores and… naps. So, not much to post about, not even the controversy over Dr. Ben Carson saying that Islam is incompatible with the Constitution. (I did reply to Rick Moran’s excoriation of Carson, if you’re interested.) For what it’s worth, I don’t find Carson’s statement about Islam and the Constitution at all controversial.
So, anyway, it’s a weekend blog holiday. Enjoy what’s left of it. Maybe even take a nap or two.
Government-Subsidized Third-Party Payer Is a Great Recipe to Make a Sector of the Economy More Expensive and Less EfficientMay 25, 2015
It’s had the same pernicious effect on college education costs as it has in the health sector.
What’s the most effective way of screwing up a sector of the economy? Since I’m a fiscal policy economist, I’m tempted to say that bad tax policy is the fastest way of causing damage. And France might be my top example.
But other forms of government intervention also can have a poisonous effect. Regulation, for instance, imposes an enormous burden on our economy.
Today, though, we’re going to look at how subsidies can result in costly distortions. More specifically, using examples from the health sector and higher-ed sectors, we’re going to see how “third-party payer” is a very expensive form of intervention.
We’ll start with the example from the healthcare sector. Writing for the Institute for Policy Innovation, Merrill Matthews has a must-read article about an unintended consequences of Obamacare.
He starts with a very sensible point about the effect of third-party payer.
Health care actuaries will tell…
View original post 1,157 more words