More Timely Than Ever!

Wednesday, October 28, 2020

Why We Need a Fully Free Marketplace of Ideas


No true seeker of truth can oppose the fully free marketplace of ideas. For details of the hardheaded practical case, you can do no better than to consult chapter 2 of John Stuart Mill's On Liberty. If you can't spare the time to read this short chapter and book, here's the money quote: "He who knows only his own side of the case, knows little of that."

Tuesday, October 27, 2020

Our Foolish Politicized Era

It's ridiculous to think you can divine people's politics merely from their views on the pandemic or any given policy response to it. Similarly, it's absurd to rebut a view by referring to the holder's politics.

Monday, October 26, 2020

How to Panic the Public

  1. Disseminate worst-case scenarios, taking care to ignore the dubious assumptions that go into modeling while vilifying anyone, no matter how well-qualified, who refuses to ignore them.
  2. Emphasize the (alleged) benefits of a draconian government response, taking care to ignore the costs while vilifying anyone, no matter how well-qualified, who refuses to ignore them.
  3. Repeat as necessary, preferably often.

An Economy Cannot Be Crippled

Lockdown doesn’t cripple “the economy.” It cripples people who are trying to live. Strictly speaking, there’s no economy. There are people interacting in particular ways regularly.

What the Love of Power Trumps

How interesting that the people most worried about Trump’s authoritarian personality demand draconian government responses to the pandemic. Love of power must trump fear of Trump.

Friday, October 09, 2020

TGIF: Is Socialism Good in Theory?

This is an expanded version of something I wrote for The Freeman, October 2003, during my tenure as the editor.

Socialism has been mortally discredited on economic grounds, thanks to Ludwig von Mises, F. A. Hayek, and history. But for many people it has not been discredited on moral grounds. You can tell this by how often people say that while socialism doesn’t work in practice, it is good, even beautiful, in theory. (Even Thomas Sowell has said that.)

Strange notion—that a theory which doesn’t work in the world can somehow still be good. Where else is it to be judged? William Graham Sumner, I believe, pointed out the contradiction: there must be a good theory that explains the system that does work in practice, but that theory would conflict with the other theory also held to be good. So we end up with two good but conflicting theories. Something is wrong.

Sunday, October 04, 2020

Appearance on Agoric Cafe

The first of my two appearances on Roderick Long's Agoric Cafe is now posted. We discuss a variety of issues. Part two will be posted next Sunday.