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]

Samizdata quote of the day – the toppling of the woke authoritarians

Wokeism. Climate extremism. Kindly authoritarianism. This is now the operating system of Western, ‘centrist’ politics. Take Joe Biden, America’s somnambulant president. At the 2020 election, even anti-woke liberals insisted this scion of the old Democratic establishment – a man so old he can’t even be slurred as a Boomer (he’s actually Silent Generation) – was the man to return America to normality, before the BLM riots and MAGA mania. ‘If you hate wokeness, you should vote for Joe Biden’, declared a piece in the Atlantic, arguing that Trump is to the culture war what kerosene is to a dumpster fire, fueling the woke extremes. That take has aged like milk. On his first day in office, Biden signed sweeping Executive Orders on ‘racial equity’ and gender ideology. He later tried to apportion Covid relief on the basis of race. He’s a Net Zero zealot. He has allowed the justice system to be weaponised against his opponents. He invited Dylan Mulvaney to the White House, FFS. Biden’s return to ‘normalcy’ has been so successful millions of Americans are starting to wonder if Donald Trump might actually be the saner choice.

Tom Slater

What Nigel Biggar says about the British Empire

We are constantly being told by that coalition of communists and racists that talk about “de-colonisation” that the British Empire was a Bad Thing and that therefore we whiteys should a) be ashamed, b) tear down any monuments to that empire and c) give all our money and wealth to the descendents of the alleged victims of that empire. This despite the fact that there is almost no one alive who had anything to do with said empire. There is no force for good like inter-generational guilt.

For some time Oxford Academic Nigel Biggar has been discomfited by this claim and these demands. In 2017, he was denounced by “fellow” academics for running an “Empire and Ethics” project. Last year saw the publication of his book Colonialism: A Moral Reckoning. This itself was something of a palaver with Biggar’s original publisher dropping the thing in what appeared to be a cancellation. Luckily there is still some competition in the publishing world and another publisher came to the rescue.

Biggar is at pains to point out that he is an ethicist not a historian. He deals in moral issues not historical ones; hence the title of the book. Well, that’s the theory but with over a hundred pages of footnotes it would appear he is quite good at the not-day job.

He examines the various claims that the “de-colonisers” make: Amritsar, slavery, Benin, Boer War, Irish famine. In all cases he finds that their claims are either entirely ungrounded or lack vital information that would cast events in a very different light.. Amritsar? Dyer was dealing with political violence that had led to murder. Some victims had been set alight. Anyway, he was condemned for his actions by the British authorities and, indeed, his own standing orders. Slavery? Everyone had it and Britain was the first to get rid of it. Benin? They had killed unarmed ambassadors. Irish famine? They tried to relieve it but they were quite unequal to the size of the task. In the case of Benin he comes very close to accusing the leading de-coloniser of knowingly lying. The only one of these where I don’t think he is so convincing is the Boer War. He claims that Britain was concerned about the future of the Cape and especially the Simonstown naval base and also black rights. I think it was the pursuit of gold even if it does mean agreeing with the communist Eric Hobsbawm.

He is far too polite about the “de-colonisers”. They are desperate to hammer the square peg of reality into their round-hole of a theory. To this end they claim knowledge they don’t have, gloss over inconvenient facts, erect theories that don’t bear scrutiny and when all else fails: lie. Biggar tackles all of these offences against objectivity with a calmness and a politeness that you can bet his detractors would never return.

The communists – because they are obsessed with such things and are past masters at projection – like to claim that there was an “ideology” of Empire. Biggar thinks this is nonsense. As he says:

There was no essential motive or set of motives that drove the British Empire. The reasons why the British built an empire were many and various. They differed between trader, migrant, soldier, missionary, entrepreneur, financier, government official and statesman. They sometimes differed between London, Cairo, Cape Town and Calcutta. And all of the motives I have unearthed in this chapter were, in themselves, innocent: the aversion to poverty and persecution, the yearning for a better life, the desire to make one’s way in the world, the duty to satisfy shareholders, the lure of adventure, cultural curiosity, the need to make peace and keep it, the concomitant need to maintain martial prestige, the imperative of gaining military or political advantage over enemies and rivals, and the vocation to lift oppression and establish stable self-government. There is nothing morally wrong with any of these. Indeed, the last one is morally admirable.

One of the benefits of the British Empire is that it tended to put a stop to local wars. How many people lived because of that? But that leads us on to another aspect. Almost no one ever considers what went on before the Empire arrived. Was it better or worse than went before it? Given that places like Benin indulged in human sacrifice, I would say that in many cases the British Empire was an improvement. And if we are going to talk about what went before what about afterwards? He has little to say about what newly-independent countries have done with their independence. The United States, the “white” (for want of a better term) Commonwealth and Singapore have done reasonably well. Ireland is sub-par but OK. Africa, the Caribbean and the Indian sub-continent have very little to show for themselves. This may explain why Britain needed very few people to maintain the Empire. At one point he points out that at the height of the Raj the ratio of Briton to native was 1 to 1000. That implies a lot of consent. Tyrannies need a lot more people.

The truth of the matter is that talk of reparations is rooted in the failure of de-colonisation. If Jamaica were a nicer place to live than the UK, if Jamaica had a small boats crisis rather than the UK then no one would be breathing a word about reparations or colonial guilt. All this talk is pure deflection from the failure of local despots to make the lives of their subjects better.

Biggar has nothing to say about what came after the empire and he also has little to say about how it came about in the first place – so I’ll fill in that gap. Britain acquired an empire because it could. Britain was able to acquire an Empire because it mastered the technologies needed to do it to a higher level and on a greater scale than anyone else. Britain mastered technology because it made it possible to prosper by creating wealth. That in itself was a moral achievement.

Of course, modern Britons don’t actually need to justify the Empire. As I pointed out at the beginning none of us had anything to do with it. You could argue (does anyone actually do this?) that we current-day Britons are the inheritors of the same culture and perhaps we should be ashamed about that. Except that I am not in the mood to condemn a culture that produced the rule of law, freedom of speech, property rights and the Industrial Revolution. Anyway, does anyone seriously think that modern British culture would be capable of giving birth to a second empire? Culture changes. The other argument is that many of us continue to be the beneficiaries of the Empire. At very least those who have started with nothing and yet are still on the hook for reparations are entitled to feel a bit miffed. But one only has to look around to see that most of Britain’s prosperity is much more recent in origin. Sure, that big house might have originally been built from a slaver’s profits but if a more recent person hadn’t kept the roof intact it would be a ruin by now.

A narrative about a rapacious British Empire is being used to first humiliate and shame modern Britons in preparation for their impoverishment and eventual extermination. OK, maybe I am getting ahead of myself here but I’ll bet you some of them of thinking that. There is certainly nothing in the “decolonisation” belief system to prevent it. Biggar’s achievement is to demonstrate that – if you do believe in intergenerational guilt  – there is nothing to be ashamed of.

Freedom and free movement

Some propositions:

1. Freedom is a good thing. It is good in itself and it leads to good outcomes.

2. Freedom includes “free movement”.

3. Free movement is a bad thing. It leads to bad outcomes.

I can imagine some of the responses to this.

Freedom of movement is a success.

Really?

Anti-Jewish sit-in at Liverpool Street Station.

Still think it’s a success? I’d love to know what you would regard as failure.

Freedom of movement worked in the US in the 19th Century.

Yes, but not anywhere else. And certainly not here, and not now.

I know some great immigrants (and their descendants).

And so do I.

I’d go to war with her.

…and her.

The issue is not with those who come in small numbers. Or the ones who marry in. It’s with the ones who arrive en masse, live separately and learn to despise the natives.

There are problems but these would be solved with more freedom. If we abolished discrimination laws, hate speech laws etc things would be better. If we abolished planning (US=zoning) laws, the NHS and state education a lot of the pressures that immigration causes would be eased.

I am not sure that abolishing hate laws etc is even possible. People who find themselves mocked for their immutable characteristics are going to try to do something about it. Abolishing planning etc would be a good thing but that would do nothing to reduce the problems caused by mass migration. By making migration even more attractive it might even make them worse.

If you ditch freedom of movement where do you stop? freedom of speech, property rights?

That is the bit that troubles me the most. I want to believe that libertarianism has universal application. But what if it doesn’t? Here is an idea. Matters concerning the tribe are off-limits. Who is a member of the tribe? Where shall the tribe live? How shall the tribe defend itself? are simply outside the realm of libertarianism.

Update 5/11/23. When commenters started to mention the welfare state I had something of an “Oh drat!” moment. I’d simply forgotten to mention it. And it is a plausible explanation for both mass migration and its failure.

So, how do we assess the claim? We need to find examples of unsuccessful mass migration in the absence of a welfare state (or similar). This is not an easy thing to do. Welfare states and transport becoming affordable to even the world’s poorest came about at about the same time. There are a couple of counter-examples. Irish immigration to Belfast in the 19th Century for example. There were no Irishmen in Belfast before about 1800. There was no welfare state. There was lots of immigration to the shipyards and other industries. And by 1858 (if memory serves) there was lots of trouble. Another example which I can’t find was in a comment left here maybe 15 years ago. The commenter pointed out that Singapore had no welfare state, lots of immigration and ethnic tensions.

Free speech and privacy are under siege across the Anglosphere

Here are three articles I saw over the last couple of days, one about Canada, one about the UK, and one about Ireland.

Jordan Peterson writing in the Telegraph:

As a professional, practicing clinical psychologist, I never thought I would fall foul of Canada’s increasingly censorial state. Yet, like so many others – including teachers, nurses, and other professionals – that is precisely what has happened. In my case, a court has upheld an order from the College of Psychologists of Ontario that I undergo social media training or lose my licence to practice a profession I have served for most of my adult life.

Their reason? Because of a handful of tweets on my social media, apparently. Yes: I am at risk of losing my licence to practice as a mental health professional because of the complaints of a tiny number of people about the utterly unproven “harm” done by my political opinions.

Bill Goodwin writing in Computer Weekly:

Plans by the government in the Online Safety Bill to require tech companies to scan encrypted messages will damage the UK’s reputation for data security, the UK’s professional body for IT has warned.

BCS, The Chartered Institute for IT, which has 70,000 members, said that government proposals in the new laws to compromise end-to-end encryption are not possible without creating systemic security risks and in effect bugging millions of phone users.

John McGuirk writing in Gript.ie:

Yesterday morning my colleague Ben Scallan attended the Electoral Commission’s announcement of the new constituency boundaries for the next Irish general election. While most of the focus of the event was on who would be voting where, Ben asked a question of more general relevance to the commission: It has been granted significant powers to regulate so-called “misinformation” in Irish election campaigns. If this was a power it needs, we reasoned, then surely it would have examples of the kind of misinformation that it intended to regulate in future elections. Ben asked for such an example, and here is what happened:

That the commission does not have examples of the kind of misinformation it intends to correct is hardly shocking if, like me, you are a cynic. It’s quite hard to genuinely shock us cynics.

And yet Mrs. Justice Marie Baker, the Chairperson of the Commission, did indeed manage to shock me at 3.15 in the clip above when she said “we’re also going to have to learn how to deal with the balance between the right to freedom of expression on the one hand, and on the other hand, the right of persons not to be misinformed”.

This is shocking firstly because Mrs. Justice Baker is a judge of the Supreme Court, and should know that while the right to freedom of expression is in the Irish constitution, the right not to be misinformed appears nowhere. Even granting some allowances for the fact that she was speaking off the cuff, it’s objectively remarkable to see a Supreme Court Judge essentially making up a law, and a right, that nobody has ever voted on – and more than that, assuming for herself the right to enforce on everyone else a right or a law that she’s just invented herself.

To do that is one thing – to do it while speaking of “defending democracy”, when democracy is about having the people choose their own laws, is quite another.

“The right of persons not to be misinformed” is a truly Orwellian inversion of the meaning of “right”. It describes the withdrawal of a right as the granting of one.

I would like to think that the absence of any news stories about threats to freedom in Australia, New Zealand or the United States in today’s little collection was because there were none to report. I would also like the figure and eyesight of a twenty year-old and a billion pounds.

Harry and Meghan are the King and Queen of Narcissism

By Dr. Douglas Young, U. of N. GA-Gainesville political science professor emeritus

Pity Party Prince Harry and manipulative Miss Meghan Markle may well be the most narcissistic couple on the planet: endlessly self-absorbed, utterly oblivious to others’ feelings, and blaming everyone but themselves for all their “troubles.” And precisely what “injustices” do the Duke and Duchess of Sussex have to gripe about? Of the world’s eight billion folks, Meghan and Harry are easily among the richest one-tenth of one percent, two of the few thousand royals, as well as young, beautiful, and (physically at least) healthy to boot.

Perhaps their real problem is that they are typical well-heeled leftists: incredibly entitled, dangerously bored, cynically secular, and desperately in search of meaning. If they were not such fine-looking celebrities, who would give them a second look?

She comes across as entirely opportunistic and he appears bitter at not being even more privileged, actually calling his ghost-written memoir “Spare” since poor Harry is not first in line to be King. A little gratitude for all their huge blessings would likely help.

To be fair, and to his enormous credit, His Royal Highness assisted orphans in Lesotho, served in his country’s armed forces for a decade, and was a bona fide war hero in Afghanistan, having volunteered to be a helicopter gunner on many combat missions. His royal status could have easily shielded him from such deadly duty, but he sought out a very dangerous job in the fight against Islamic terrorism. After his military service, he went on to help wounded veterans.

So how ironic such a proven warrior gives the impression of being completely dominated by his social-climbing and ever-complaining wife. Indeed, the only other royal thought to have surrendered his autonomy so totally to “the woman I love” was Harry’s weak great-great uncle, Edward VIII. While Harry claims his penis once suffered frostbite at the North Pole, it sure looks like his testicles are locked securely in Meghan’s Strathberry handbag.

→ Continue reading: Harry and Meghan are the King and Queen of Narcissism

English children ranked fourth in international reading test. Yes, really.

England came fourth out of the 43 countries that tested children of the same age in the Progress International Reading Literacy Study (PIRLS), announces the government. Singapore, Hong Kong, Russia, England. Yes, dear highly literate Samizdata readers, your own reading skills have not failed you. English schoolchildren are the fourth best readers in the world and the best in Western Europe.

Pinching myself, I offer my sincere congratulations to England’s teachers and to the Department of Education, in particular Nick Gibb MP, the Minister of State for Schools. Mr Gibb is serving the third of three non-contiguous stints in this ministerial role. That suggests he is genuinely interested in education, and indeed his Wikipedia biography says “Gibb is a longstanding advocate of synthetic phonics as a method of teaching children to read”. He himself says, “Our obsession with phonics has worked”.

Tomorrow I will get back to calling the teachers “the Blob” and the government “the government” in a voice that suggests I can think of no worse insult. Today, I give credit where credit is due. For British education nerds, this is like our own little 1989. OK, perhaps that is over the top, but a wall that seemed no more than slightly cracked as recently as January 2022 has finally fallen. By the “wall”, I mean the side in the so-called “Reading Wars” that wasn’t phonics. The Not!Phonics side has had many names, “Look and Say”, “Whole Word”, “Whole Language”, and most recently “Balanced Literacy”. That last name was an attempt to paper over the cracks in the wall. Or perhaps, since I am allowed more than one metaphor, it was a deliberate breach in the wall of a dam, done in an failed attempt to stop the whole damn dam wall collapsing.

To see what the wall looked like in the days of its Krushchev period, discredited but still seemingly impregnable, read this 1998 paper that Brian Micklethwait originally wrote for the Libertarian Alliance: “On the Harm Done by Look-and-say: A Reaction to Bonnie Macmillan’s Why Schoolchildren Can’t Read”, and this one written in 2002: “The Failure of Politics and the Pull of Freedom: Reflections on the Work of the Reading Reform Foundation.” I wish I could ask Brian what he thinks about this now, but thanks to the Brian Micklethwait Archive you can see what he thought about it then, and be reminded that truth stays true. Read those two papers and you will know most of what you need to know about the battle that raged across the Anglosphere over how to teach children to read, including these cynical words of wisdom:

The phonics-persons have pretty much proved their case, probably even in the eyes of many of the look-and-say people. But the look-and-say “experts” at the DfES are in an arkward position. (The inverted commas around “experts” being there because these people don’t know things which are true, they “know” things which are untrue.) Suppose their bad techniques are completely swept away and completely replaced by completely good ones. The teaching of literacy in schools would leap forward. A mass of seemingly “complex” problems, like the recent huge rise in “dyslexia”, the spiralling cost of “special needs” education, and the general inability of several generations of people to learn how to spell, will be revealed as not so complex after all. These problems will be revealed to all as having been caused by the government’s own literacy “experts”. Thus it is that even – especially – those “experts” who have been completely convinced of the wrongness of their own former opinions now face a huge, career-saving incentive to perpetuate their follies as much as they can, to disguise the enormity of the disaster they have caused.

*

That would have been a fine, dramatic line with which to end the post, but I must add → Continue reading: English children ranked fourth in international reading test. Yes, really.

You were entirely in the tank, Jacinda

‘Jacinda Ardern has announced she will quit as New Zealand prime minister ahead of this year’s election, saying she no longer has “enough in the tank” to lead’, reports the BBC.

‘Ms Ardern choked up as she detailed how six “challenging” years in the job had taken a toll

Labour Party MPs will vote to find her replacement on Sunday.

The shock announcement comes as polling indicates the party faces a difficult path to re-election on 14 October.’

The only shock was that she chose to jump rather than be pushed. Still, she can comfort herself with the thought that though her support inside New Zealand may have diminished, she remains much esteemed by the great and good worldwide.

Polarisation, intolerance and Americanisation

Just 20 years ago when this site got rolling, many of the best ideas flowing into UK came from USA, whilst at the moment, I would say they tend to be the very worst.

Yet outside the distorting funhouse mirror of social media, we have ‘progressed’ somewhat less towards shrill intolerance and a preposterous rejection of objective truth than ‘progressive activists’ wish was the case. I contend race relations in Britain, whilst not optimal (but what is?) are much better than preposterous Brits cosplaying at American civil rights activists pretend.

That said, on other issues our police have gone off the deep end in their rainbow painted cars. Perhaps this indicates the UK needs an explicit and un-caveated ‘First Amendment’ of some kind. That is the kind of ‘Americanisation’ we might actually need.

Also, support for Brexit, by no means confined to the lumpenproletariat of Guardian reader’s imagination, might not indicate what purveyors of the high status opinion fondly imagine. The conflation of Brexit with the ‘Trump phenomenon’ was always overblown, given the deep social and structural differences between UK and USA. Yes, we are influenced by America, but we are not the same in oh so many ways.

But western civilisation, not just Britain, is undeniably going through a very strange phase. The insane and demonstrably pointless covid lockdowns seem to have had a pressure cooker effect, with every -ism being dialled up several notches. The mainstreaming of transsexuality, a largely harmless hobby until a lunatic fringe grabbed hold of it, indicates the world is not running in well-oiled grooves. An inability to define “what is a woman?”, by sages and politicians who nevertheless expect to be treated as serious people, would have seemed implausible just a few years ago.

But the covid lockdowns, that is the ‘biggie’: an egregious abridgement of liberty & common sense that placed the global economy into repeated bouts of cardiac arrest. The worldwide end of the Nuremburg code.

The lockdowns were an even more polarising issue that Brexit or Trump or indeed anything else. Why? Because there was no opt-out, you could not just go to work, or visit granny, no ability to ignore the whole thing and just head down the pub or retire for a macha latte in some café. The effects of that will be enduring. That was the issue that taught a lot of people to fear what other people believe to be true, and people always hate what they fear.

Now just wait to see what happens when the green lunacy that stopped investment in reliable power supply and new reservoirs means we start running out of power and water. I suspect that will be what makes the cork finally blow off.

Samizdata quote of the day save draft publish

‘End Of Quote, Repeat The Line’: Biden Reads Teleprompter Instructions Out Loud During Speech

With Joe more voicemail than man and Boris only just clinging to the wreckage, at least the Anglosphere is demonstrating that it can get by without anyone in charge. Though we have much to learn before we can challenge the true masters of the art of doing without a government.

How not to change minds on abortion

Last December Meghan McArdle tweeted,

“Looking at abortion opinion, it’s actually quite striking how little men and women differ on this question. The whole pro-life is about men telling women what to do with their bodies” schtick simply isn’t grounded in reality . . . Men are more likely to self-id as pro-life, and women as pro-choice, but when you drill down into specifics, it’s clear this stems from differences in labeling quite similar views.

She backed up her opinion with a link to this article by the polling organisation Gallup: “Abortion Trends by Gender”.

On specific questions relating to abortion, the opinions of American women and men were amazingly close. For instance, in this detailed survey from 2012, 71.5% of men and 69.4% of women said abortion should be legal if there is a strong possibility of a serious fetal defect, and 43.1% of men and 43.3% of women said abortion be legal for married women who don’t want more children.

Opinion has also been remarkably consistent over the years. According to the Pew Research Center, in 1995 60% of Americans thought that abortion should be legal in all or most cases. Now it’s 61%. In 1995 38% of Americans thought abortion should be illegal in all or most cases. In 2022 it is 37%.

Why are the lines so flat? Over the same period church attendance has dropped. Support for other ideas once considered the preserve of the radical left, such as gay marriage, has steeply increased. The standing joke is that the Right won on economics and the Left won on culture. So why did the Left’s advance falter on that one issue?

By the way, although I talk about abortion as a left-right issue, because it certainly is one in US politics and to a lesser extent in politics across the Anglosphere, in this post I am not making an argument for or against abortion. If you wish to read my slightly indecisive thoughts on the issue you can do so here: “Thinking aloud on a mountainside”.

I am just interested in the Left’s relative failure to change the minds of Americans on abortion when in the same period it did so well in changing minds (including mine) on issues usually bundled with abortion.

I think it was because in the US and the UK, the pro-choice side almost never engaged with what their opponents actually believed. Over the years I must have read hundreds of Guardian articles on abortion, mostly in its US section because abortion is such a live issue there. I do not recall a single one that argued against the main sticking point of the pro-life side, namely that abortion takes a human life – let alone argued for it. On other issues the Guardian would occasionally let the odd Conservative or other non-progressive have their say about fossil fuels or the nuclear deterrent or whatever, and would often feature writers who, while left wing themselves, at least knew enough of the right wing view to argue against it. However when it came to abortion the line always was, and judging from Twitter in the last few days, still is, that opposition to abortion arises (a) only from men and (b) only from men who wish to control women’s bodies.

It works, a bit. Some men who read that will decide that they do not want to be that sort of man, others will decide that they do not want to be thought to be that sort of man. But an argument that does not even acknowledge the existence of female opponents of abortion will obviously not change their minds. Nor will silence reassure women who are not firmly pro or anti. If the Left will not talk to them about their doubts, then by definition the only arguments they hear will come from the other side.

How about male opponents of abortion and/or men who are not sure what they think? In most cases they simply will not feel that this charge that they want to control women’s bodies has any relevance to them. It’s like being accused of bank robbery when the most you’ve done is put non-recyclables in the recycling bin. Or like being accused in the modern fashion of misogyny rather than sexism: a conscientious man might examine himself and admit that some unjustified assumptions about women might be lurking in his subconscious, but that does not mean he hates women. All in all, that way of presenting the abortion argument is great for firing up those who already agree, but ensures that practically no women’s minds will be changed, and few men’s.

The above “model” is just my supposition, of course. But the remarkable stability of US opinion on abortion over decades is a fact that needs explaining, and that would explain it.

NatWest hints at its own bankruptcy? Saying it might have to exit the stage in the Scottish play

The bank formerly known as RBS, now called NatWest Bank PLC, has announced that if Scotland votes to leave the UK, it will move to London

Britain’s NatWest would move its headquarters out of Scotland in the event of a vote in favour of independence, its CEO Alison Rose said, only days before parliamentary elections there. State-backed NatWest (NWG.L), which until last year was called Royal Bank of Scotland, has been based for 294 years in the Scottish capital Edinburgh.
The reason, something to do with a anti-business culture in an independent Scotland?
“In the event that there was independence for Scotland our balance sheet would be too big for an independent Scottish economy. And so we would move our registered headquarters, in the event of independence, to London,” Rose told reporters.
This is presumably not meant to be a threat from the majority (c.59%) State-owned bank or playing politics. For a bit of context, the RBS Group changed its name recently to NatWest Group plc with a view to (I presume) burying the RBS brand and plunging a stake through its heart after its unfortunate recent history. NatWest was an English bank acquired by RBS as it ballooned before bursting

I have no doubt that the Chief Executive did not say, and did not mean to say

our balance sheet would be too big for an independent Scottish economy if we go bust again.‘.

But the latter is what I am hearing. An implicit admission that the bank risks insolvency, and would expect to be bailed out by the UK government at taxpayers’ expense again. The assumption that the bank is at risk of bankruptcy runs through this announcement like letters in a stick of rock.

So England, Wales and Northern Ireland will be the lucky recipient of all these (theoretical) liabilities.

No true Scotsman should fear independence if it means the departure of this fiscal UXB and its liabilities, a chilly modern-day Darién scheme without the disease and bugs.

But why on Earth should anyone in any country want to receive such a cuckoo in the financial nest? It sounds to me that if the bank were utterly worthless, that would be an improvement. Do we need any more evidence of the perils of fractional reserve banking?

Samizdata quote of the day

When Samuel Paty was decapitated in the street in broad daylight for trying to teach his students a civics lesson, the New York Times ran with the woefully misleading headline “French Police Shoot and Kill Man After a Fatal Knife Attack on the Street”. The attack — in which the assassin who had just cut someone’s head off was shot by gendarmes — was awkwardly framed through the lens of liberal America’s anxieties over police violence, and it didn’t get much better from there.

Liam Duffy