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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Unfortunately the Greek crisis is now all about politics in the countries that lent the money. That money, or a goodly chunk of it at least, is already gone. The continued economic devastation of Greece isn’t about getting the money back; it’s about not having to admit that the money is gone. That isn’t the way to run a continent, is it?
– Tim Worstall
I do not know enough to assess the views of Paul Romer, the chief economist for the World Bank, when it comes to his specialism. I need no special knowledge to assess his views as reported in the Times on restoring the standing of his profession. He gets it.
Economists need to stop acting as if they own the moral high ground and start behaving with more humility if they are to win back the public’s trust after Brexit, according to the World Bank’s chief economist.
Paul Romer said that a popular backlash against experts needed to be taken seriously and that Brexit had been partly a reaction to the perceived hypocrisy of economists who claimed to be making unbiased judgments but were actually taking political positions.
Dr Romer, one of the leading economists of his generation, is known for speaking out against his profession. Last September he published a paper, The Trouble with Macroeconomics, in which he accused colleagues of practising a “pseudoscience” underpinned by an “honour code” that prohibits challenge to figures of authority even when their facts are wrong.
Dr Romer said: “To me, Brexit was a vote against the expert advice of economists. We have to earn back our credibility as professionals who will give an unbiased answer. In political discourse, activists often claim that their position is morally superior and no one seems to care, but when economists did so, voters reacted very negatively, perhaps because they are alert to even a whiff of hypocrisy and they sensed that economists were behaving like activists yet invoking the authority of science.
And if any smartarse wants to bring up Michael Gove’s remark about the British people having “had enough of experts”, tell them to listen to his actual words before he was shouted down. He wasn’t talking about any expert on any subject; he was referring specifically to those who said their predictions of Brexit disaster should be believed on grounds of their business and economic expertise, yet who had egregiously got their predictions wrong on the Euro and failed to predict the 2008 crisis at all.
Progressive really means nasty, dictatorial, prurient, busy-body, fussbucketing, nanny statism. People who think that your business is their business and they should have the power to tell you what to do, what to eat and how to live your life – even to the point of policing your thoughts. That these people are thoroughly nasty is obvious from every pronouncement they make – and the Greens are probably the most extreme example we have in British politics. They ain’t referred to as watermelons for nothing.
– Longrider
Great is the rejoicing among most of the Guardian commentariat at the news that the Shadow Chancellor, John McDonnell, has said that if it wins the election the Labour party will outlaw all zero-hours contracts.
However there is a steady stream of comments from those not thrilled by their coming liberation from the capitalist exploiter, such as this comment by “fivemack”:
Employing people is not compulsory; if it had to employ people for 40 hours a week at £10 an hour regardless of demand, Deliveroo wouldn’t keep on the same number of employees as it has now, it simply wouldn’t exist. If the Guardian had to publish articles only by people who are full-time Guardian employees, it would miss out on an awful lot of interesting content.
The Guardian‘s own business section ran a story that said in large type that “McDonald’s offers fixed contracts to 115,000 UK zero-hours workers” and in small type that
McDonald’s has been trialling the shift to fixed-hours contracts in 23 sites across the country. The company said that about 80% of workers in the trial chose to remain on flexible contracts
This is not so much a realignment in British politics as the corrosion of the old alignments, the scrubbing out of the old dividing lines. May is making hay out of Labour’s demise, and her decision to champion Brexit – to attach herself, albeit opportunistically, to the democratic cry of the 17.4million – has boosted her stock. But the technocratic May is still living on borrowed time, time that is being extended by a weak and conflicted opposition that lacks the courage to neither thwart nor champion Brexit. A Tory landslide in June will mark both an extension of the public’s determination for Brexit, and a recognition of Labour’s disarray – not a rejuvenation of Toryism.
– Tom Slater
The moment I saw this headline: Macron vows to renegotiate Calais treaty with Britain, I felt a frisson of excitement, and no doubt Mary Tudor’s ghostly inscribed heart started beating once again! Perhaps for the first time since January 8th, 1558, that splendid little town will soon be back under its rightful rulers.
EU mulls legislation in the fight against online hate speech, reports Reuters.
Glad we’re leaving. But do not expect our current prime minister to fight for free speech. That would violate her programming.
Added later: Posterity, and one or two bewildered humans, demanded that I explain the foregoing. Our revered Foreign Secretary, Boris de Pfeffel Johnson in a recent column for the Sun called Jeremy Corbyn “that mutton-headed old mugwump”. The Sun helpfully provided a glossary for its readers, defining the terms “mugwump” and “revanchist”, though not “glossary”. Mind you, it got the Harry Potter reference wrong; it’s International Confederation of Wizards, not Internal. What do they teach them in these schools? Soon the whole country was googling “mugwump”.
When all they really had to do was ask Theresa May. She has the answer to all our questions.
Added still later, but less late at night: I cannot now remember how I ended up with two links to the same, possibly spliced, audio clip of Theresa May’s definition of a mugwump. Let it be.
Never mind her. If you want to know the up-and-coming political candidate whose name you should look out for, take a look at this leaflet.
When we were little my siblings and I would accompany my mother as she went from greengrocer to butcher to grocer in those pre-supermarket days. Often the first place she visited in the daily round would be the local bank, National Westminster as I recall, where she would queue to write a cheque “to cash”. (For thus it was, my children, when cash machines and internet payments were as yet unknown.) Boring though it was listening to all those grown-up conversations, at least I was learning about how the world worked.
One day my parents were moaning about lack of money. I was tired of their obtuseness in the face of the obvious. I stamped my little foot and said, “If you haven’t got enough money, go to the bank and get some more.”
What are you laughing at? I’ll have you know that my youthful economic ideas have been taken up by our government in waiting:
Labour will promise to increase spending on infrastructure and public services, the script says. Among the key pledges are a £10-an-hour living wage, a national investment bank to create £500bn to fund capital projects and infrastructure, and a guarantee on the triple lock for pensions.
“When you stop judging men by the content of their character, eventually you’ll run out of men of good character.”
– Stephen Green, known to some as “Vodkapundit”, writing about more identity politics insanity over at Instapundit. Here is a link to the original article.
Socialism has been tested out more times and in more variations than probably any other social system. It has been implemented in every continent, every culture, every stage of economic development. It has always led to disaster, to the extent it has been implemented. If you’re lucky, your country gets off with a mere economic crisis, as in Greece. At the worst, your country is in for decades of living hell.
– Robert Tracinski
If you think a lot of TV and live comedy shows have got tired recently, then I think this fellow, a columnist at Bloomberg, could stir things up a bit, albeit without realising it:
Voters in the major continental nations may get angry and disappointed — say, with French President Francois Hollande’s feckless leadership or with the recent inflow of refugees from the Middle East — but they don’t get desperate enough to vote in a Donald Trump or to inflict Brexit-style turmoil on their countries.
– Leonid Bershidsky
Absolutely, Mr Bershidsky, voters in France, for example, continue to elect people who preside over the grandeur, nay, the stability, of double-digit unemployment, of all those jolly car-burning festivals that so enliven the outskirts of Paris or Marseilles. And they vote for the sort of structures that will admit a country such as Greece, or for that matter, Italy, into a single currency predicated on economic fundamentals that are for the fairies.
But hey, they don’t vote to leave a transnational progressive union with centralising intent, and they don’t vote for property developers from Queen’s. So I guess Europe’s okay then.
Where the hell does Bloomberg find these people?
Too busy to blog substantively as it is St. George’s Day …
St. George, doing his best to rid the world of endangered species

God’s Own Lunch

Gin and Marmalade cocktail (sort of a mutant Gimlet)
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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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