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]
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As AJP Taylor once wrote, “until August 1914 a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state beyond the post office and the policeman”.
That is emphatically not the case today. Having won the wars, the advocates of freedom comprehensively lost the peace. They lost to such a degree that those of us born and raised afterwards find it hard to comprehend the scale of the change.
It’s easiest to start with the size of the state. To be sure, socialism in Britain has receded from its high point. The nationalisation of coal, iron, steel, electricity, gas, roads, aviation, telecommunications, and railways has been mostly undone, although steel and rail are on the way back in.
But by comparison to our pre-war starting point, we live in a nearly unrecognisable country. In 1913, taxes and spending took up around 8 per cent of GDP. Today, they account for 35 per cent and 45 per cent respectively. To put it another way, almost half of all economic activity in Britain involves funds allocated at the behest of the government, and over half of British adults rely on the state for major parts of their income.
And if anything, this understates the degree of government control. Outcomes which are nominally left to the market are rigged by a state which sees prices as less as a way for markets to clear, and more as a tool for social engineering.
– Sam Ashworth-Hayes (£)
So, why did we stop this taxation of “excessive” pensions pots? Because it lost revenue. It took tax rates well over the Laffer Curve peak if you prefer.
So, what’s Ms. Rayner, Labour’s Deputy Prime Minister, suggesting today? That we reimpose a policy that we already know fails.
Idiot’s a bit mild really, isn’t it? Also, it’s rather a pity that Googlebombs don’t work these days.
– Tim Worstall
“Labour seems to think the British economic renaissance is going to be rebuilt on minor changes to a food and drink trade that amounts to 2-3 per cent of our exports, yet if it really believed this, why is it killing family farms and making them erect solar panels instead?”
– David Frost, former chief Brexit negotiator in the former Tory government, writing about the sellout deal that UK prime minister Sir Keir Starmer agreed with the EU at the weekend. The deal effectively puts the UK back into the EU Single Market on farming and food; it also gives a number of concessions that, even if they don’t completely reverse the UK’s independence from the EU, make a number of steps in that direction. This is one of those cases where the devil is in the detail. Like Lord (David) Frost, I want the UK to go for mutual recognition of trade standards, which is what sovereign nation states, such as New Zealand, already do without fuss. Apparently, this is outside the mental universe of Brussels negotiators and the UK government.
The reference in the quote above is to the policy of the current Labour government to impose inheritance tax on family-run farms, a measure that will force a number of these farmers’ families to sell up, possibly selling out to energy companies instead.
From where I stand, it seems pretty clear that Starmer wants to reverse Brexit, even if it falls short of formal re-entry into the EU.
The idea that the British government should subsidise an American mine is pretty weird. Very weird even. But it does seem to be about to happen.
[…]
To the extent that we’ve got a scandium expert lying around I’m it. Niocorp isn’t going to work. But the British government, using your and my money, is eager to invest in it?
Why can’t they leave us just to piss away our own money in our own ways? Why this insistence upon doing it wholesale on obvious disasters?
– Tim Worstall
The biggest reduction we ever enjoyed in our electricity costs was after the newly privatised electricity industry installed gas power stations across the UK. It halved our electricity costs. The biggest increase we’ve ever seen was after the Government imposed “green” ideology on the electricity industry. It has tripled our electricity costs so far.
So as with every statement made by the UK Government about energy, this one is wrong. Shutting down our oil and gas exploration, and increasing taxes on existing production, makes us poorer.
– Richard Lyon
The wealthy don’t protest. They exit.
– Alessandro Palombo
Our diagnosis is that what really worries The Guardian here [about Argentina] is that this will all work. For where would the progressives be if classical liberalism were shown – once again – to work?
– Tim Worstall
Before it’s possible to suggest a solution to a problem, it’s necessary to grasp the root cause of the problem itself. A sort of Reverse Chesterton’s Fence exercise.
So, what has gone wrong? As we never tire of repeating it’s the Town and Country Planning Act 1947 and successors. That is, for the past 78 years we’ve had that coherent national plan. With a long term vision. Run by the Rolls Royce minds of the Men in Whitehall who know best. Which is how we’ve ended up with the output we’ve got, something that would disgrace a Trabant factory.
As it is national control of planning – the TCPA really does define who may build what where, is the nationalisation of land use – that is the problem then the solution is to get rid of what caused the problem. Blow up the TCPA, proper blow up – kablooie.
– Tim Worstall
The actual argument being made is that British actors, tax breaks, directors, scriptwriters, lovely Cotswold villages (and in the case of Bridgerton, the street outside my flat) are just such wonderful places to film, film with, that prices are rising. Therefore we’ve got to subsidise all this.
The only reason we listen to fuckwits like this is because they’re pretty. Now, honestly, hands up. Who has ever known a pretty bird, handsome man, who can actually think? Even, actually has the base data to be able to think with?
No, no, it’s not that the leavening of IQ and looks equals out over genes. Quite the opposite. Dullards in the sense of actual cretins and morons tend not to look good either. But the good looking have never had to think now, have they? So, they don’t.
– Tim Worstall
Democracy tends towards protectionism when those harmed by free trade are numerous enough to count. But democracy also demands cheap goods. No one has yet squared that circle.
– Robert Tombs
What’s more, the imposition of punitive tariffs on poorer countries like Vietnam will simply impoverish rather than improve the potential importing power of these countries. Disrupting the economic development of poorer countries isn’t going to improve the chances of selling to them.
The irony is brutal. Trump’s fixation with trade-deficit “offenders” is punishing the very nations that could one day erase those deficits through development and prosperity. US consumers, businesses, and economic growth will all suffer as a result of the US president’s inability to grasp this elementary logic. There seems to be just one long-term strategy behind all this: unleash populism for immediate electoral returns, blame someone else for the problems that populism inevitably causes, and let someone else deal with the long-term consequences.
– Robert Johnson
“Perhaps the greatest paradox of all is that parts of the Maga movement are embracing a form of Right-wing wokery, with their own dark conspiracy theories, cult of victimhood, identity politics, denial of reality, moral grandstanding, hypersensitivity and purity tests.
“In this vein, whingeing about trade deficits deserves to be dismissed as critical trade theory’, as Trumpian corollary of critical race theory: it postulates, nonsensically, that any shortfall must be caused by unfair practices, oppression or historic injustice. The ‘woke Right,’ a term coined by James Lindsay, is almost as much of a turn-off as the original Left-wing variety.”
– Allister Heath, Daily Telegraph (£)
He gives Mr Trump high marks on taking the fight vs DEI, some of the DOGE cuts (with a few caveats), and on energy policy (which in my view is Trump’s ace in the hole). But the broader point Heath makes about where he thinks Trump/Maga is losing it, including this nifty term of Heath’s, “critical trade theory”, is absolutely spot-on. It is, in my view, one of the big blinds spots of today’s populist Right and threatens to undo the good things that a Trump 2.0 might achieve, which would be bad not just for the US, but the West in general. As Heath goes on to write (and remember, he’s a pro-Brexit, free market chap, and not some obdurate Never Trumper), a course correction is needed. And Trump is not incapable of it.
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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