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“All the available Keynesian levers for achieving economic growth have been pulled, yet the recovery is one of the weakest since World War II. The problem lies with the way the “stimulus” was carried out, the uncertainty of looming higher taxes, and the antibusiness rhetoric and regulatory strong-arming of this administration.” – Harvey Golub, Wall Street Journal. May 23rd, 2012 | 12 comments - (Comments are closed)
 The problem is not that the BBC is on the wrong wavelength, it is that it is on any wavelength at all. That in this day and age a supposedly first world country has a tax funded state broadcast institution is simply absurd. May 14th, 2012 | 11 comments - (Comments are closed)
Poverty is a solved problem – all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom. – L. Neil Smith May 9th, 2012 | 22 comments - (Comments are closed)
So why do voters hope to solve the crisis by accelerating the policies which led to it? Much of the blame must attach to the Centre-Right parties currently in office in most national capitals. Though they talk of fiscal prudence, many of them are in reality locked into Euro-corporatism. With a handful of honourable exceptions, they have presided over crony capitalism, more spending, more taxes and more debt. – Daniel Hannan, the best Prime Minister that Britain will never have. This is pretty much my view… that having ‘conservatives’ and ‘capitalists’ in power who are neither conservative nor capitalists (other than in the statist ‘crony capitalism’ sense) is not ‘better than the alternative’… no, in the long run is it actually worse than leaving the ruination to the other side for the sake of ever so slightly slowing the rate at which the First World circles the drain. The problem is not the left, the problem is the statist right who use the language of markets, choice and liberty whilst working tirelessly to abridge all three, just ever so slightly slower than the left-statists would. May 7th, 2012 | 35 comments - (Comments are closed)
In a democracy, the majority of the citizens is capable of exercising the most cruel oppressions upon the minority – Edmund Burke May 6th, 2012 | 55 comments - (Comments are closed)
“Thus you see, he is a Composition of Whim, Affectation, Wickedness, Vanity, and Inquietude, with a very small, if any Ingredient of Madness. … The ruling Qualities abovementioned, together with Ingratitude, Ferocity, and Lying, I need not mention, Eloquence and Invention, form the whole of the Composition.” – David Hume, in a letter to his friend and fellow Scot, Adam Smith. (H/T, Stephen Hicks). Hume was writing about JJ Rousseau, whom Hicks has mentioned as one of the most destructive and evil thinkers in recorded history. His other choice for that slot is Martin Heidegger. May 3rd, 2012 | 7 comments - (Comments are closed)
Boris Johnson says the government should go in for “more tax cuts.” More in addition to what? There have been no significant tax cuts. In fact every week there are proposals for ever more inventive methods of extorting money from the hardworking and the thrifty. May 1st, 2012 | 13 comments - (Comments are closed)
…the Great Firewall has been an enormous boon to freedom. Without it, the authorities in China would not have been foolish enough to allow the entire country to have internet access. With it, they thought they would be able to control the flow of information, so they hooked up to the net, and now they’re in a position where disconnection is unthinkable. April 29th, 2012 | 10 comments - (Comments are closed)
April 28th, 2012 | One comment - (Comments are closed)
The main problem with monetary policy is that there is such a thing as monetary policy. April 27th, 2012 | 18 comments - (Comments are closed)
Politicians can’t reform Social Security because they can’t talk about it honestly, and they can’t talk about it honestly because the median voter doesn’t want to admit a basic fact: Grandpa is an embezzler. April 25th, 2012 | 20 comments - (Comments are closed)
Only with BANKRUPTCY (not Revolution) does the possibility of reform emerge. As the Socialists (unlike the French Communists or American Marxists such as Barack Obama) will not opt for the totalitarian alternative. That is certainly also true in Britain – no reform can be expected before bankruptcy. And may well be true in the United States also. April 24th, 2012 | 13 comments - (Comments are closed)
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