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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Yesterday, the US initiated the process for pulling out of the Universal Postal Union (UPU). This 144 year old institution is responsible for multilateral negotiation which sets rates at which packages approximately 5 pounds or less can be shipped. In age where government postal services competes in the market with companies like FedEx and Amazon, it seems absolutely absurd that a UN specialised agency is responsible for shipment rate setting in the 21st century.
While this might seem like a very boring and mundane situation, it is in fact a big deal. This has nothing to do with Trump and how the US is dealing with foreign affairs. This has to do with the US signalling that it is finished with institutions, which have been captured by certain countries with special interests, which use international organisations to legitimise their national agendas. In a statement, the US Chamber of Commerce said that the system is “exploited by a handful of countries.” Unfortunately, this trend occurs widely across the UN system and multilateral organisations. Take a look at the WTO and the UN Human Rights Council, for example.
Another case in point is the International Telecommunications Union (ITU). Like the UPU, the ITU was founded over 150 years ago in order for international negotiations of telegraph exchanges to take place. Currently it is responsible for global spectrum harmonisation, satellite orbital assignment and telephone numbering. However, in the 1980s a majority of member states agreed to use the ITU to set call termination rates between international calls. The US opted out of this process because telecommunications was liberalising and competition among telecoms companies as well as governments allowed for lower termination rates and a market based system. Arguably, this allowed for the dial up days of the Internet to emerge and develop rapidly.
I can raise many issues with multilateral institutions in the 21st century. Most of these institutions have a number of national members of the dictatorship persuasion that wish to control new and emerging technologies primarily developed and run by the private sector. I have written about this here, for example. However, the point that I wish to make here is that old institutions that are no longer fit for purpose need to die so that new institutions and organisational arrangements can emerge, as Douglas North noted. Within the UN, nothing ever dies.
Over at Libertarian Home, Simon Gibbs (who is the proprietor of Libertarian Home) asks:
I’m asking you a question: have you been tuning into these pages and what do you think is going on? Are some of these legit targets based on some criteria of public safety that you feel is valid? Or are they legitimately operated venues of dissenting opinion which is being squashed?
“These pages” being a list of pages which a certain Justin Harvey (commenting on a Facebook posting) says have been taken down, by Facebook.
I have only very recently plugged myself into Facebook, and have so far only lurked. I have posted nothing. Facebook is useful to me for keeping track of the doings of a few actual friends of mine (this one in particular), but otherwise I find it confusing. They keep nagging me to stick up a picture, so that my “friends” can know that I am really me, but my actual friends know this already.
Besides which, whatever combination of rumour and fact it is that Simon Gibbs is asking about make me think that if Facebook really, really wants me “to take a few moments” to update all my info, they can take a hike. The regular question with which Facebook confronts me whenever I open it, “What’s on your mind?”, feels downright creepy, given what I am coming to believe about the utter duplicity of Facebook’s masters and commanders, wanting, as they seem to, all the privileges but none of the obligations both of a common carrier and of a freelance publisher.
But what does our Commentariat think? I am not so concerned about the mere experience of using Facebook. Nor am I now asking about privacy. It is Facebook’s political biases that I am asking about, as is Simon Gibbs. One of my biases being in favour of people being allowed to express political opinions that I don’t share. The way it looks, to me, now, is that Facebook will be delighted to convey whatever opinions I express on Facebook to the world, until such time as the world starts, in noticeable numbers, paying attention to those opinions, at which point those opinions, being what they are, will vanish from view.
It may well be that, as a freelance enterprise rather than a government agency, Facebook is entitled to behave as it pleases, and face the commercial consequences. But if that’s so, what sort of consequences should those of us who do not share Facebook’s biases be trying to contrive for Facebook, and how? Besides, which, maybe Facebook actually is now a government agency in all but name.
Libertarian Home is an enterprise I admire. I especially enjoy attending its meetings, which happily for me mostly take place a mere walk away from where I live. But the LH commentariat is not as impressive as the one here, and I would love it if our commentariat were to take a serious crack at the questions that Simon Gibbs poses.
[I’m intensely interested in the current generation of space entrepreneurs. They really do have the capacity to transform the future of our species. I’m obsessed enough to listen to several space-related podcasts and watch a couple of Youtube channels on the topic. For reference, good podcasts include “Planetary Radio” for coverage of planetary science missions and government space policy, “Interplanetary Podcast” (an irreverent program produced by the British Interplanetary Society), the “Aerospace Engineering Podcast” (a recent addition I don’t yet have a strong opinion of) for insights into new technology, and I watch Youtube episodes of “TMRO”, “The Everyday Astronaut”, and Scott Manley’s show, all of which have interesting content. “TMRO” in particular is wonderful at conveying enthusiasm for the progress being made these days. “Planetary Radio” is much stodgier and more government space program oriented, but has excellent content and typically covers the whole spectrum quite fairly.
And then, there’s “Talking Space”, a podcast that I’m no longer willing to listen to. I rarely tell people that I’ve stopped subscribing to their content, but in this case, I felt compelled to write them a note — it’s unusual to find people in this media segment who so faithfully channel Ellsworth Toohey. Even though almost no one who reads Samizdata will have heard their tiny podcast, I’ve included the entire content below:]
I regularly listened to your program until your episode just after Falcon Heavy’s test flight. I was disgusted at that time with your astonishingly negative attitude about that launch, and unsubscribed for a while, but I decided to give you another chance. Having just stopped listening halfway through “To the moon, Elon!”, I think I’m through with your podcast permanently.
The BFR, if it flies, will be the first fully reusable orbital launch vehicle in history, and will also be one of the heaviest lift vehicles in history. Musk claims it will reduce launch costs by a factor of about two orders of magnitude. Even if it only reduces launch costs by a factor of ten and not one hundred, it will be a major milestone in human history, and I don’t believe that I’m exaggerating.
Not a single mention of that had been made by the time I shut off the episode. All I heard was “it might take a years longer than Musk says” and “this will cost money, where will it come from?” and the even more offensive “Yawn” remark where one of your hosts expressed actual boredom with the news.
On the cost, Musk has a long track record of securing the funding he needs, and as to the former, when he was asked about the timing at the press conference, he absolutely owned up to the fact that they were unlikely, saying that the dates in question were optimistic and based on nothing going wrong.
We all know by now, after his work at several companies, both that Musk rarely makes his dates, but that he almost always manages to achieve the the engineering goals he’s set. SpaceX had its first orbital launch only ten years ago, but is now the world’s leading launch provider, with only the Chinese government launching more often, and given the customer contracts they have in hand and the continuous increase in launch rate, by next year SpaceX may be approaching the Chinese launch cadence. There’s very little reason to doubt that they’re technically capable of building BFR or that they’ve got real revenue that they can apply to R&D, given that even a cursory estimate shows that their operating revenue is now into ten figures.
As for the ridiculous “Yawn” comment: presuming BFR launches, and I presume it will given enough time, it will dramatically alter the cost of human access to space. If the costs end up where Musk claims they will, the price of things like human colonization of cislunar space will be in the feasible range for the first time. If they end up 10x past what he thinks they will be, they’re still going to cut the price of access to space by 90%. This changes everything, even for science missions, which will benefit tremendously from far cheaper launches.
Spending your time nattering about how much you dislike Musk (which was a clear subtext) or are bored by him, how unlikely it is that he’ll get the money needed for development when he clearly managed to get the money needed for the development of all his projects to date, and how he might miss his date by years when that’s utterly immaterial, demonstrated to me that you guys are not my sort of people. You utterly miss the interesting part here — I can imagine your analysis of the first passenger railroad being something like “but the cross-ties are made of wood and will rot! They’ll have to be replaced at intervals!”.
Further, even if Musk doesn’t manage this and Bezos (who is working to the same goals) does, it still doesn’t matter — the world is about to be transformed, and all you can do is look for excuses to grumble.
I realized, in the midst of listening, that I understood the name of your podcast at last. It’s “Talking Space”.
Not “Doing Space”. “Talking Space”.
The lot of you are talkers, and the same sort of talkers who have naysayed pretty much ever interesting development since private development of space technology began in earnest. People like Musk, and Bezos, and Beck, and Haot, and all the others, who are putting their money on the line and their skin in the game, are the doers.
I’m done listening to talkers who have nothing to say but negative things when they themselves haven’t done anything. Musk’s people managed to go from zero to launching 20+ commercial orbital missions a year in a decade. What have you gotten done that makes you feel you can look down on SpaceX’s achievements?
I’ll conclude by saying this even more bluntly: the people responsible for human progress don’t spend all their time negatively gossiping from the sidelines about people who have done far more for humanity than themselves. We need more competent entrepreneurs, not more nasty talking heads.
In Great Britain, with changes in the type of work people do, and as capital has been reallocated from manufacturing to services, real household income has increased across every wage bracket. According to the Survey of Personal Incomes, families in the 90th percentile were paid 32 percent more in 2017 than they were in 1994. During this period, the bottom 20 percent experienced average annual real growth of between one percent and two percent, figures not matched by most of the rest of the income distribution range, so how can that old canard that “the poor keep getting poorer” possibly be true?
– Neema Parvini
“What can’t be stressed enough about what happened in 2008 is that for economies to grow and markets to rise, it’s necessary that the mediocre and lousy constantly be replaced by the good and brilliant.”
– Real Clear Markets, reflecting on the decade since the bankruptcy of Lehman Brothers.
(Hat-tip, Stephen Green of Instapundit.)
In 1973 Marcel Bich wrote a letter to shareholders when Société Bic was made a public company.
These principles of management have been developed over the past 20 years since I founded the company and then managed it. They were not shaped by a formal education in a French or American business school but are the result of the tough school of business which I entered at the age of 18 by the smallest door. Nobody will deny me the title of “money maker” as our company started in 1953 with an initial investment of 10,000 new Francs and today, it has grown to 150 million francs par-value share capital, all through internally generated funds, representing on average of almost doubling each year over the last 20 years.
Bic lowered the price of pens from something normal people could not afford to the point where they were disposable and cheap.
Bich didn’t just profit from the ballpoint; he won the race to make it cheap. When it first hit the market in 1946, a ballpoint pen sold for around $10, roughly equivalent to $100 today. Competition brought that price steadily down, but Bich’s design drove it into the ground. When the Bic Cristal hit American markets in 1959, the price was down to 19 cents a pen. Today the Cristal sells for about the same amount, despite inflation.
Of course, there are those who do not like this. But never mind that: back to the letter, Bich sounds like an excellent chap:
We are fiercely anti-technocratic. The way to keep the price of beef down is not by government price regulation, but by producing beef efficiently.
Technocracy is a widespread disease today. Starting at the top with the ENA (Ecole Nationale d’Administration ), it reaches all levels. It is particularly attractive to French people, Cartesian by nature. It results in a large number of administrators and organizers, but when it comes to rolling up your sleeves and doing the actual work there is nobody. Technocracy results in high production costs and, much more critical, low morale among employees who become discouraged and bored with their jobs in which they cannot take any initiative. By placing confidence in workers, employees and executives, everything becomes simpler. Contrary to popular belief, private enterprises have a greater chance of success today than they ever did. As proof, just look at the increasingly serious difficulties in which large state -owned companies find themselves.
It is an excellent letter.
It was tides. No, chemtrails. Or Trump? No, Jews, you can never go wrong blaming Jews. Or maybe it was just ‘bad luck‘. Or perhaps Brexit? Ah, it was global warming! Yes, global warming is what stymied the wise policies of the United Socialist Party of Venezuela. For sure.
– Perry de Havilland, helpfully providing feedback when a thoughtful fellow on Twitter suggested we need to figure out what caused the crisis in Venezuela.
As originally reported by Janet Burns of Forbes, the New York City Council has denied city residents access to additional ride-sharing services. In a 39-6 vote, the bill caps the current supply of New York City Uber and Lyft drivers for the next 12 months and implements a minimum wage of 17 dollars per hour. In what City Council Speaker Corey Johnson referred to as reforming an industry “without any appropriate check or [government] regulation,” Councilman Eric Ulrich argued, “This is like putting a cap on Netflix subscriptions because Blockbusters are closing.”
– Nicolas Anthony
“As for those “bad ideas” the Kochs have, they’re the reason for whatever governing success Mr. Trump has had so far. Pro-growth cuts in tax rates, deregulation and originalist judges have been the most successful parts of the Trump agenda. And they were Koch beliefs when Mr. Trump was still donating to Bill and Hillary Clinton. The President gets credit for winning the election and making the policies happen, but the Kochs also gave his agenda major support over the last two years. Contrast that success to Mr. Trump’s immigration agenda, which has gone nowhere in Congress; his ill-thought border enforcement that ended up in the debacle of family separation; and the tariff assault that has so far raised costs for U.S. consumers and producers without any compensating trade opening. Whose ideas are the “bad” ones?”
– Wall Street Journal.
There is a lot to admire about Elon Musk. I thought the space car was glorious. The whimsicality of it, which so many objected to, delighted me.
It is sad that Mr Musk has now shown that his whims can take a nastier turn.
British cave diver considering legal action over Elon Musk’s ‘pedo’ attack
A British cave diver who was instrumental in the rescue of 12 children trapped in a northern Thailand cave says he is considering legal action after the inventor Elon Musk called him a “pedo” on Twitter.
Vernon Unsworth told the Guardian on Monday he was “astonished and very angry” at the attack, for which Musk offered no evidence or basis. The billionaire initially doubled down on the comments made on social media, but has since deleted them.
Apparently it started when Mr Unsworth was rude about Mr Musk’s offer of his mini-submarine to help in the rescue:
Previously, Unsworth had described Musk’s offer to help the rescue effort as a “PR stunt”, and had told CNN Musk could “stick his submarine where it hurts”.
If nothing else had been said, my sympathies would have been with Mr Musk. Even if it was something of PR stunt, I am sure Musk did genuinely want to help save lives. Still, I dare say tempers often flare in these high pressure situations. One man’s praiseworthy offer of aid can be another’s dangerous distraction from an urgent task.
However then Mr Musk went on to call Mr Unsworth a “pedo”, not just once – in which case it might have been written off as a random zero-content insult like calling someone a “bastard” when you neither know nor care whether their parents were legally married – but repeatedly. Mr Musk’s “evidence” for this allegation out a blue sky was that Mr Unsworth is a white guy living in Thailand. Musk said that that in itself was “sus”, meaning suspicious.
Angry comments are coming thick and fast to the Times article “Thai boys’ rescuer Vern Unsworth could sue Elon Musk over paedophile smear”. If even a fraction of those commenting on the Times website and those of other British newspapers who have said that they are about to cancel their Tesla order follow through with it, Musk’s UK operation could be in real trouble. That comes on top of the doubts already raised about the company by Tesla’s failure to live up to some of Musk’s earlier extravagant promises. For all the fame of the brand, the number of Tesla electric cars in the UK is still only in the low thousands, and Times subscribers are exactly the sort of people who would be most likely to buy them.
Charismatic individuals can push forward scientific innovation. They can also screw up big time.
Congratulations Mr. Brokenshire, you’ve just killed every buy-to-let mortgage. of which there were 1.8 million even back in 2015. It’s a standard clause in every single one of those mortgages that they be rented out on a six or 12-month shorthold assured tenancy. The reason being that in the event of default the bank or building society understandably wants to be able to sell the place without having to deal with an immovable sitting tenant.
No one has any problem with increasing the choices available in terms of types and terms of tenancies. But imposing new terms on all landlords and tenants either means that 1.8 million rental dwellings are off the market, or we’ve got to persuade every bank and building society in the country to alter their existing contracts. For a price, of course.
We might, then, politely suggest that this hasn’t been properly thought through. Although of course we’d never compare James Brokenshire to Tony Blair, I’m not too clear who that would be unfair to.
– Tim Worstall
The last part of Ludwig Von Mises great work Socialism is entitled “Destructionism” and is not, formally, about socialism at all.
In the main body of “Socialism” Ludwig Von Mises proves that it is impossible (yes impossible) for socialism to equal capitalism economically, let alone to exceed capitalist economic performance (as socialists had been promising for over a hundred years) socialism must always produce inferior results. Now the language of Ludwig Von Mises may sometimes suggest that he believes that socialism can not function AT ALL (i.e. that it can produce nothing – no goods and services), but that is a misinterpretation of the position of Mises (which is partly the fault of Mises himself – who sometimes lets elegant language get in the way of fully stating the correct position, as I detest such things as “grammar” I do not make this mistake). By copying the prices of the capital goods in “capitalist countries” socialist countries can make a crude approximation of “capitalist” economic activity – never very good, but certainly not no economic activity at all.
However, in the last part of his work “Socialism” Ludwig Von Mises turns to “Interventionism” government spending, taxes and regulations which (supposedly) improve on the work of voluntary cooperation. “Market forces”, of supply and demand, are as my friend Mr Ed often points out – partly a matter of physical reality (weather and so on), but mostly a matter of human choices (voluntary interaction).
Government intervention (by spending, taxes and regulation) far from improving economic and social outcomes can (as Herbert Spencer pointed out in “Man Versus The State” in 1883) only make things worse than they otherwise would be. Ludwig Von Mises takes great pains in “Destructionism” to show that the fashionable polices of his time (and our own time) of government spending, taxes and regulations make things worse, not better, than they otherwise would be. And that the supposedly new idea of interventionism – is, in fact, a return to the absurd fallacies of past centuries that the Classical Economists of the had exposed.
Has the penny dropped, do politicians (and the public) yet understand that government spending, taxes and regulations make things worse (not better) than they otherwise would be? Sadly no – most politicians and most of the public do not understand.
→ Continue reading: Destructionism – with a few British examples
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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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