With that in mind, it seem positively hilarious that he appears to be unaware of the Streisand Effect!
You’d need a heart of stone not to laugh 😀
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King is aware that monetary policy has been used to provide short-term gains at the cost of long-term pain – what he calls the “paradox of policy”. Despite extremely low rates, the global economy remains out of kilter. It’s a pity that King never considers Friedrich Hayek’s early work which suggests that economies become unbalanced when central bankers impose an inappropriate interest rate. But as King buys into the “savings glut” story, he doesn’t believe that monetary policymakers are to blame. For the man in charge of the Bank of England when UK bank Northern Rock went down, this is a convenient if not quite satisfactory conclusion. April 11th, 2016 | 6 comments - (Comments are closed)
 The samizdata smitebot interface is well and truly out of London, drinking nice wine and eating mighty food, so there may be delays in unsmiting comments that get moderated by the dreaded samizdata smitebot. According to Google Maps, I could walk to Kiev in 170 hours or Warsaw in 92 hours. Where am I?
April 7th, 2016 | 6 comments - (Comments are closed)
For America, and indeed the rest of the world, Clinton versus Trump will be like being on a bus being driven at high speed towards a cliff by a psychopath, where there’s a chance that a chimpanzee might grab control of the steering wheel. It’s not a question of whether this will make things better or worse, it’s more that the whole idea of “better” may be gradually ceasing to exist. – Frankie Boyle. The rest of the article is flatulent Guardianista stream-of-consciousness gibberish but that bit made me laugh. I read this shit so you don’t have to. And I do agree with this: “It’s not a question of whether this will make things better or worse, it’s more that the whole idea of “better” may be gradually ceasing to exist” … it is highly unlikely Frankie Boyle and I have the same notions in mind about what “better” looks like (indeed his “better” is almost certainly my very much “worse”), but that phrase does a good job of describing my view on the folly of decade after decade of voting for whoever is ever so slightly less evil. Things never get better unless you support, well, better, rather than “less worse”. Unless you are willing to punish “your side” by not pulling that lever, eventually it stops being your side because you will vote for it anyway. And in evidence of that, I present the G.O.P. April 5th, 2016 | 66 comments - (Comments are closed)
Oh, and today’s Brexit scare story appears to be pro football. Our clubs will be stymied if they can’t employ lots of Belgians. Don’t look at the fact that they do Employ lots of Africans who, AFAIK, aren’t EU citizens. – Kevin B. March 31st, 2016 | 17 comments - (Comments are closed)
The whole notion that culture can be “appropriated” in any negative sense is one of the most absurd notions being bandied about (and that is really saying something given the carnival of absurdities that passes for critical thinking these days). Such ideas about culture are profoundly fascist in origin, a collectivist notion that somehow culture and identity must be preserved in a “pure” state from outside influences and somehow “belongs” to an ethno-national grouping. It is very much akin intellectually to abominating miscegenation. Yet strangely the same people who spout such arrant nonsense tend not to picket performances featuring oriental ballet dancers or black opera singers (as well they shouldn’t). Sorry (not really) but the future is cosmopolitan and voluntary. I will take whatever aspects of any culture I think are worth incorporating and there is not a damn thing anyone can do to stop me. And if some collectivist jackanapes is offended by my “appropriation”, well take a guess how many fucks I give because that just makes it all the more delicious 😉 March 26th, 2016 | 90 comments - (Comments are closed)
I found this article vastly entertaining.
Debit? Pah, Champagne lefties require only hugs as payment and presumably offer the same in return if the hapless taxpayers wants their £200,000 back. March 9th, 2016 | 23 comments - (Comments are closed)
Lord Mandelson sneered at Brexit supporters this week for failing to understand the complexities of modern trade and how leaving the EU would trigger years of renegotiations that would leave us with a far worse deal than we have inside the EU. Alas Lord Mandelson is a victim of the mandarin-centric fallacy that trade only happens after governments have arranged it in the best interests of their citizens. – Patrick Minford. Sadly the article is behind the Times pay wall but I am sure you get where this is going. March 4th, 2016 | 18 comments - (Comments are closed)
Claims of dire consequences by business executives are particularly unreliable. In 1999, Adair Turner, then director general of the Confederation of Business and Industry supported Britain joining the euro. Now the number crunchers torture the data to show that British productivity could decline precipitously. This is economic nonsense. Indeed and it is comical how many end-to-end lurid scare stories Reuters has been running on Britain capsizing if the vote is in favour of Brexit. It is at times like that it becomes clear who is on the payroll of whom 😉 March 4th, 2016 | 9 comments - (Comments are closed)
Twentieth-century eugenicists used government power to forcibly prevent parents from passing on traits they deemed deleterious. Now 21st-century eugenicists contend the government should require parents to risk passing along genes that the parents think are deleterious to their children, whether they want to or not. What sort of horrors are parents who want to take advantage of modern gene editing likely to impose on their hapless offspring? Fixing genes that increase the risk of ill health and perhaps adding those that boost their chances of having more vigorous bodies, nimbler brains, and greater disease resistance. Individuals may not always make the right decisions with regard to reproduction, but parents are more trustworthy guardians of the human gene pool than any would-be eugenicist central planners. Government diktats about what sort of children people can have are always wrong. – Ronald Bailey, making many excellent points why the state needs to stay away from this entire subject… which of course it will not. Fortunately in this era of cheap air travel, genetic engineering can and will be done in a clinic pretty much anywhere if the market for that service exists, which it will. February 28th, 2016 | 19 comments - (Comments are closed)
Ah yes, Britain’s socialists, working tirelessly towards a world in which Vladimir Putin, Xi Jinping & Kim Jong-un are the only people with nuclear weapons. What could possibly go wrong with that? February 27th, 2016 | 36 comments - (Comments are closed)
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