Normally it’s rather difficult to get the news media to lose their shit like a bunch of screeching schoolkids over a story like, “Defense Manufacturer Offers New Product That Makes Incremental Advances on Existing, Widely-Used Technology.” But fortunately for Israeli defense manufacturer Rafael, the maker of the Iron Dome short-range air defense system, reporters don’t always understand what it is they’re reporting on.
– Ryan Faith
Any CEO who thinks his sexuality is the greatest gift god has given him, is not keeping his eye on the balls I want him to.
– RAB, commenting on Samizdata here.
Back in 2001, Brian Micklethwait once said something that has since become part of my standard operating procedure. Speaking from his experience actually organising activities, rather than just talking about organising them as is the case with most people, he said if someone starts to offer you unsolicited advice about how to improve whatever it is that you are doing, immediately ask if they are prepared to get involved and implement their suggestion themselves. If the answer is yes, listen to what they have to say. If the answer if no, stop them right there and change the subject.
– Perry de Havilland
If mankind can fix paralysis, we will move into a whole new era of promise and possibility. The raising up of the lame that humanity now seems capable of – which springs from decades of research into cell growth and cell manipulation, the development of new technologies, and much experimentation – crashes violently, and gloriously, against the way man is understood and discussed today: basically as a pest, a planetary poison, not capable of much besides hatred and destructiveness.
– Brendan O’Neill
Bank bail-outs have been a cultural catastrophe for those of us who support free markets, low taxes and enterprise. During the 1980s and 1990s, much of the British public came to accept and even embrace capitalism, in return for a simple deal: profits and losses would both have to be privatised. Clever entrepreneurs, savvy traders or brilliant footballers would be encouraged to make money; but companies and investors that placed the wrong bets would be allowed to fail, with no pity. Not only did this trigger an explosion in prosperity, it also helped shift the British mindset towards a much more pro-enterprise position. The rules of the game felt fair: risk and reward went hand in hand. The government would serve as an umpire, not a supporter of vested interests.But the crisis of 2007-09 put an end to this implicit bargain, at least in the eyes of vast swathes of the public.
– Allister Heath.
Bailouts are a disaster for pro-capitalists. It is almost as if it was deliberate. My only slight caveat here with what is a typically incisive article is that I am not sure how deep the greater support for capitalism really ever went. It certainly never penetrated academia, and parts of the policy maker world. But I am an optimist: the continued respect that seems to be shown among ordinary people for genuine entrepreneurs (not crony capitalists) shows that something has taken root.
When nanny staters say ‘choice’, what they really mean is ‘less choice’.
– Brendan O’Neill
Dear Sir – Am I alone in thinking that the quality of KitKats has deteriorated in recent months? My wife and I are finding an increasing number of instances of a wafer inadequately covered in chocolate. I put it down to quantitative easing.
– John Triffin, Reighton, North Yorkshire. Quoted on page 65 of this hilarious collection of unpublished letters sent to the Daily Telegraph, called “I could go on”. Edited by Iain Hollingshead
There is now a large industry of obfuscation designed to protect Muslims from having to grapple with these truths. Humanities and social science departments are filled with scholars and pseudo-scholars deemed to be experts in terrorism, religion, Islamic jurisprudence, anthropology, political science and other diverse fields, who claim that where Muslim intolerance and violence are concerned, nothing is ever what it seems.
– Sam Harris
[W]ere the electorate solely composed of those stuffed with sciences their votes would be no better than those emitted at present. They would be guided in the main by their sentiments and party spirit. We should be spared none of the difficulties we now have to contend with, and we should certainly be subjected to the oppressive tyranny of castes.
– Gustave LeBon, The Crowd (1895). Naked populism and rule by experts and officials are not necessarily all that different. The mechanisms and structures through which, and the culture within which, power is exercised may matter more.
We in the West proclaimed that what set us apart were free speech, free movement, free(ish) markets,rule of law and democratic elections; and while not the whole truth it’s still mostly true.
I say mostly in this context because rich, prosperous, flourishing Hong Hong had all those attributes except the last: democratic elections.
Yep, it turns out no elections were necessary in a society based on the sound principles of low taxes, low regulation, free movement, and rule of law – it made them rich extraordinarily quickly. Who’d want to vote that away? Well quite a few folk if elections around the world are any indication.
So what are we to make of the Hong Kong ‘democracy’ protests? On one hand I find myself saying, ‘go get ‘em tiger,’ in support of the protesters. On the other, I’m wondering if they should be careful what they wish for.
– the delightfully pseudonymous ‘Suzuki Samurai‘
“Google obviously has a monopoly in search. There are all sorts of questions about whether it is abusing that monopoly or not. But I distrust the power of the EU regulators to make things better. I think the technology industry is dynamic enough that the Google monopoly will not last for ever. In practice, anything [the EU does] to micromanage the Google product will produce a cure that’s worse than the disease.”
– Peter Thiel (quote is taken from the Financial Times, which is behind a registration wall).
What is it about being Home Secretary that turns people into fucking fascists?
– Tim Worstall, apropos this. Though it might equally apply to this or most of this. It is time the Home Office was renamed in accordance with its actual mission. Bureau of State Security (BOSS) would do nicely, now there’s no chance of confusion.