We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Watching the Ashes

I am watching that supreme embodiment of the Anglosphere culture at the moment – cricket, surely the finest game invented by Man. England are building on their first-innings batting performance against a rather shaky-looking Australia, although the Aussies have a chance to draw the match I think thanks to a superb batting effort by Shane Warne. Warne is normally and rightly famed for his leg spin, able to make the ball move in a bewitching fashion.

The Ashes series, as the England vs Australia Test matches are known, are currently shown on the Channel 4 terrestrial tv channel. The channel has made a huge success of its cricket coverage, I think. Its commenators are excellent, intelligent and don’t interrupt the flow of play. Even the adverts shown during a brief pause in play don’t irritate me like I thought they would. Simon Hughes, a true cricket geek, does a fine job of explaining key terms and tactics to novices. Cricket is a complex game and yet the presenters seem to make it accessible without dumbing it down.

Four of us Samizdata scribblers are split down the middle on this Ashes series, I guess. Two Aussies – Scott Wickstein and Michael Jennings – pitted against Brian Micklethwait and yours truly.

Update, despite the so-far snarky remarks in the comments sections, my joy continues to rise thanks to today’s batting performance. Summary of the game here.

A message via Springfield

“Hi, we’re aliens from another planet and our intentions are purely hostile.”

The Simpsons.

The Intelligent Design controversy

American journalist, Cathy Young, wades into the Intelligent Design (ID) versus Darwinian evolution controversy. It is an issue that appears to be causing more of a ruckus in Jefferson’s Republic than in Britain, which until recently, was pleasingly unruffled by attempts by religious folk to roll back the achievements of science (I have not a clue what Islamists think of evolution). Champions of ID seem, at any rate in the United States, to be coming from the so-called conservative side of the political divide. As Young points out, though, it is by no means clear why conservatives should take this stance:

In some ways, evolutionary theory is more compatible with conservative ideas than with leftist ones. Indeed, proponents of applying evolutionary theory to human social structures tend to be viewed by the left with suspicion, particularly on biological explanations for sex roles. As several commentators have pointed out, it’s conservatives who reject the notion that complex organization requires deliberate central planning — in economics. Why should biology be different?

Exactly. The Hayekian idea of spontaneous order is similar in some ways. It is arguable that Darwin’s appreciation of the emergence of complex systems may have been influenced by the writings of the Scottish Englightenment, such as Adam Smith and his famous idea of the “invisible hand”. It is entirely possible to believe in the existence, or indeed entertain the possibility of a Supreme Being and yet still sign up to Darwin’s theory and the subsequent development thereof. An atheist would presumably find it very hard to support ID, I would have thought. Here is a link to lots of stuff about this issue here, from a broadly pro-evolution perspective.

Should ID be taught in schools? Well, as a taxpayer, I object to what I think is a bogus theory being taught with money seized from my wallet. If parents want to teach religious ideas to their children, I have few objections. My only caveat is that parents do not have an unfettered right to indoctrinate their offspring, although given the rebellious instincts of most kids, this is pretty hard to do over an extended period of time in a vigorous, pro-science, pro-reason culture.

Another posting about money

Anatole Kaletsky, the economics journalist who, despite a fondness for Keynsianism, is one of my favourite columnists, believes Italy’s departure from the euro and possible re-creation of the lira is a real possibility, one that needs to be taken with deadly seriousness by financial markets. He says the financial fallout from an Italian divorce could be disastrous:

While detailed consideration of these arguments is probably premature, the practical implication is clear: If the possibility of an Italian withdrawal were ever taken seriously by the markets, foreign holders of Italy’s €1.5 trillion public debt would face enormous losses, big enough to endanger the solvency of many non-Italian banks. In other words, the Italian Government is now in a position to kill the euro and wreck the European banking system merely by threatening to withdraw.

I think he is correct. As I said in my last posting about Hayek’s idea of competing currencies operating inside the same country, it is folly to imagine that the cult of the all-wise central banker will not come a cropper some time or later. Many Italian entrepreuneurs might be very glad indeed of an alternate store of value if that country does indeed pull the plug on the euro.

Some scare stories deserve to be ridiculed but I think Kaletsky is on to something. Between now and the Italian national polls next year, it would be smart to keep a very close eye on the euro zone financial markets indeed.

(Thanks to the Adam Smith Institute blog for the pointer. It reaches pretty similar conclusions).

A parallel currency?

Arnold Kling has brief thoughts here about the phenomenon of air miles. The “bonus” miles one accumulates due to air travel now equate to about $700 billion of value, according to a study that Kling cites. That is a lot of money. He is not very keen on air miles, largely it seems because he dislikes the way that dinner table companions go on about them. I know how he feels. An acquaintance of mine, who shall remain nameless, would constantly brag about how many air miles he got via Virgin or whatever… zzzzzz

On a more serious note however, one can see how some people might want to treat the air miles market as a sort of parallel currency. $700 billion dollars worth of air miles could buy one a lot of goods and services, conceivably, if exchanged by barter. Clearly they are highly restricted in terms of liquidity, the key advantage of money. But during a period of high inflationary stress, I could see how air miles could become quite popular as a medium of exchange.

The idea of competitive currencies is often rightly associated with the late F.A. Hayek. The idea seems to have gone rather quiet of late. Perhaps because we currently live in a period of relatively low inflation, the fears about the dangers of monopoly money and hubristic central banks have faded. It would be highly complacent, however, to assume that the current benign low-inflation environment will last forever. These things seldom do. Hayek’s idea may be ready for a comeback.

Doing it his way

Sometimes talented, sometimes monumentally untalented assailants of one’s ears: yes, the phenomenon of the public “busker” seems to be alive and well on the London Underground. A guy at Chancery Lane station this evening was dressed in what must have been a hot and thick red jacket, with a sort of Elvis haircut and was belting out Sinatra hits. (Not bad, actually). The sound of Old Blue Eyes followed me down the Stygian depths of the platform until the racket of the train overwhelmed it. A strange evening. The station was full of police with their yellow jackets on on high alert four Thursdays on from the mass murders of July 7. Cops and Sinatra on a Thursday night. A rum combination.

The Italian job

UK authorities may be faced with a bit of a struggle in extraditing a man, now in Rome, for his alleged involvement in the failed July 21 terrorist attacks on the London transport system, according to this report.

So could some nice person remind me what the EU-wide arrest warrant is suppose to achieve, exactly? Oh, er, wait a minute…

The shrinking Senior Service

The oldest “mini-aircraft carrier” used by Britain’s Royal Navy, HMS Invincible, is being retired from service. The vessel, from which Sea Harrier jets can operate – as well as helicopters – is more than 20 years old and was used in the Falklands War, among other theatres of operation.

As I said a while back, I have no ideological issue one way or the other about the exact composition of our armed forces, which must change with the times and respond to different threats to this country. Coming from a bit of a navy family myself and being an enthusiast over our island’s naval history, I am nevertheless the first to realise that sentiment must not trump hard calculation when it comes to manning our defences. But it bothers me that our navy has been reduced to a level that makes independent military action by this country a logistical impossibility. It is probably quite unlikely that we could mount a Falklands-style operation on our own again. The present government wants, so it is reported, to build two new massive carriers but as is usually the case in these matters, the likely date of construction seems to stretch into the horizon, rather like the prospect of England beating Australia at cricket.

In an age when we fret about islamofascist psychos letting off bombs on the Tube, it may be tempting to think that the Senior Service’s role is little more than to patrol the coasts and put on commemorations about the Battle of Trafalgar. How complacent that would be. Given that we are an island nation, still reliant on shipping for a huge amount of our economic and physical wellbeing, such an attitude is fraught with danger. We could run the risk of cutting the fleet so hard that we lose the inner core of skilled men and women needed for the service.

With the exception of anarcho-capitalists, even the most hardcore classical liberal realises that defence is a baseline requirement for a proper state. And for an island nation like Britain with a long coastline, that means having a workable navy.

Liberty and all this God business

Unsurprisingly, there is a lot of comment out there in dead-tree media and the electronic versions about religion and its relation vis a vis the state at the moment. (Full disclosure: I am a lapsed Anglican Christian who read a lot of David Hume, much to the annoyance of my old vicar, no doubt). There is a bracing essay in the Spectator this week about the nonsense spouted in the usual places about “moderate” Islam.

The blog Positive Liberty, which has become a group blog like this one – has an excellent piece looking at the religious, or in some cases, decidely lukewarm religious, views of the U.S. Founding Fathers. These men, to varying degrees, were acutely conscious of the dangers of religious fundamentalism, having seen within their lifetimes the human price of it. As we think about the dangers posed by Islam in our own time, the insights of Madison, Adams, Jefferson et al are needed more than ever. The linked-to article is fairly long but worth sitting back and sipping on a coffee for a good read, I think.

It is in my view essential for the west’s future that the benefits of separating what is God’s from what is Cesear’s is made as loudly and as often as possible. Muslims must be made abundantly aware of this point for if they do not, the consequences could be dire. Maybe because of the role played by the Church of England in our post-Reformation history, we don’t have the tradition, as in the States, of keeping a beady eye on the blurring of the edges of temporal and spiritual. Cynics have of course argued that nationalising Christianity via the CoE has helped the cause of fuzzy agnosticism and atheism more than the complete works of the Englightenment. Well, maybe. It may have as much to do with the relative openness of British society, our ironical sense of humour (religious enthusiasm has often struck the Brits as slightly silly or unhinged, ripe for Monty Python treatment) and desire not to give offence.

I fear that sense of humour is going to be tested for the remainder of my lifetime.

The Texan in the yellow jersey

Yes, yes, I know, his girlfriend is Sheryl Crowe, he is supported by John “doh” Kerry, which may suggest he is in need of ideological help, but can anyone doubt, after winning the Tour de France for 7 times in a row, that Lance Armstrong is one of the greatest athletes to have ever lived?

And he comes from Texas. If I was a Frenchman, that has to hurt.

Crashing one party after another

I have just returned from just over two of the funniest hours spent at the cinema for quite a while. Wedding Crashers, starring Vince Vaughn and Owen Wilson, is an outrageous, politically incorrect, deplorable romp of a movie, the perfect tonic for these unpleasant times.

Vaughn is also refreshingly free of the political posturing that tends to colour my views of Hollywood these days.

Cooking the books

It is easy, with all the terrible events going on in London at the moment, to let other significant stories slip under the radar. However, last week the UK senior finance minister, Chancellor of the Exchequer Gordon Brown, tweaked the rules of UK budget policy in an offhand manner that takes the breath away for sheer barefaced cheek.

Brown has a so-called “Golden Rule” that stipulates that the government’s books must be in balance over the course of the economic cycle. The books are currently seriously in the red at the moment, which would appear alarming given that we have had a relatively decent period of economic growth recently. So what does the gloomy Scot do? He shifts the year in which a key part of the economic cycle is supposed to have started by two years, the effect of which is supposed to show that the Golden Rule has not been broken. This sleight of hand produced fairly scant coverage outside the business sections, but in its own little way illustrates the utter contempt this government has for the financial markets, or the general public.

Brown has done this sort of thing before. And it makes one wonder just how long Brown can go on before the economy, supposedly Labour’s strongest card in the last election, turns south.

I never bought the argument that Brown was a great Chancellor, as, with all his faults, was Nigel Lawson, for example. Brown has been enormously lucky to inherit an economy left in fine fettle by the previous Conservative government, and apart from his wise move of making the Bank of England independent, has done precious little right since. He is an ardent meddler and micro-manager, making the tax code into a hideously complex morass that does precious little for growth apart from make lots of jobs for tax accountants.

How the world changes. A few weeks ago the political trainspotters were wondering how soon Brown would take over from Blair. I suspect the likelihood of that happening has been pushed away by quite a distance.