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

Katharine Birbalsingh is an heroic, principled woman who, against hideous odds, is trying desperately to open a free school – the Michaela Community School – in a part of South London woefully ill-served by state secondary schools. It will provide academic rigour, discipline, a liberal arts curriculum including Latin, uniforms, sporting facilities and extended school hours to children in one of the most deprived parts of London, regardless of race or social class or ability to pay. For those children whose parents can’t afford to go private, the school will be a godsend – possibly the single thing that makes all the difference in their life between success and failure.

Does it constitute a strong, persuasive argument against this project that Katharine Birbalsingh has a name which you can twist with an unfunny pun? Or that she’s disliked by some of her colleagues? Or that, in the eyes of her accuser, she speaks “BS.”?

No, it doesn’t. Indeed I’d suggest that these comments are actually counterproductive. They draw attention to the fact that criticism of Katharine Birbalsingh’s noble project is based not on reasoned argument but on prejudice and incoherent rage. This is why they’re so well worth quoting: because they let the enemy do our work for us.

Delingpole comments on a comment.

Benefit-farming landlords

Mark Wallace, recently “seen elsewhere” by Guido, makes a good point, in response to a piece by Tim Leunig in the Guardian, about the nature of the mixed housing economy:

Leunig’s Guardian piece claims to calculate that the benefits cap would leave people living on 62p a day. The most crucial element of his workings is that a 4-bedroom house in Tolworth costs £400 a week. That’s true right now, but it wouldn’t be the case once a cap has been brought in.

The truth is that some of the main beneficiaries of overly high benefits are private landlords. They may not get payments from the DWP direct, but they reap the cash anyway through inflated rents, secure in the knowledge that every time they put the price up, benefits levels are raised to pay them. This is a racket, exploiting the foolishness of officials in pumping more and more money out and the absence of taxpayer power to rein in this behaviour.

Tim Leunig is right that if rents were fixed as they are now then his hypothetical family would pay £400 a week. But rents aren’t fixed, they are fluid. If you remove a large amount of cash from the system then prices will fall. By arguing for the system to remain as it currently is, rather than accept a cap, this supposed “progressive” is effectively fighting the corner of benefit-farming landlords.

Government hand-outs to “the poor” enriching the not-so-poor is a familiar story. It explains a lot about the current state of politics. In fact politics generally, down the ages.

Crusader latrines

Michael Jennings is now, as he recently said here that he would be, in Israel. Knowing my fondness for amusing multilingual signs, he today emailed me this photo, taken in Acre:

CrusaderLatrinesS.jpg

At first I thought that “Crusader” was some kind of business brand, although on second thoughts probably not. Maybe … actual crusader latrines? To clear up any doubt, Michael added:

It means exactly what it says.

Yes indeed, these are latrines which were once upon a time used by crusaders. And here, I presume, are those very latrines.

Don’t you just love the internet?

Bjorn Lomborg’s climate think tank to close. And catapults.

With a whoop and a holler the Guardian reports that Bjorn Lomborg’s climate sceptic think tank is to close. Before anyone tells me, yes I know that “climate sceptic” is not a good description of Lomborg’s opinions. The article itself is more accurate.

It seems the Danish government cut off funding:

… Denmark’s general election last year ushered in a new administration less keen to support his views. Earlier this month, the Danish government confirmed that it had cut more than £1 million in funding for Lomborg’s centre. As a result, he only has funding in place until the end of June.

Good news for the Danish taxpayer, one might think, but I suspect that the stream of kroner diverted away from Lomborg’s think tank is unlikely to be returning their way.

The Guardian commenters, mostly warmists in a much stronger sense than Lomborg, assume that this closure (if it happens) is a benefit for their cause. I doubt that is entirely true. They are living in the world before the internet. In that world, the major weapon in the battle of ideas was the catapult. The difficult bit was throwing your ideas hard enough and far enough. These days, though the loss of a big catapult is still a blow, anyone who cares to fight can find a little catapult and, er, my military metaphor has gone the way of the mangonel, but the new difficult bit is not projection but acceptance. Getting believed. If your problem is that the people are already half inclined to think that your opinion has a little too much of the pravda, the official line about it, the last thing you want to do is have it known that the opposition were silenced by anything other than argument.

Even the Dutch tulip bubble was the fault of too much money in circulation

One example of a speculative bubble that gets mentioned sometimes is the Dutch Tulip Bubble of the 17th Century. I have occasionally come across the argument that says that this bubble, like some others, cannot be blamed on expansion of the money supply, ergo, those hairshirt Austrians banging on about the evils of elastic money are wrong, there are sometimes bad things that happen in capitalism and we need laws against it, etc, etc.

But according to this guy at the Mises Institute, even the mania for tulip bulbs in the Netherlands had a monetary cause. So that’s that issue settled then.

Samizdata long quote of the day

“On the basis of economic theory and historical experience, the life expectancy of a societal model with 50 percent or more government control over the economy does therefore not look promising. The taxing, resources-consuming state-parasite must constantly weaken and sooner or later kill the productive and wealth-creating market-host. When does this happen? Well, we are about to find out, as we are now all part of some gigantic real-life experiment, bravely conducted by the current policy establishment in Europe and elsewhere at our own expense and that of our children. Across the EU, the share of government spending in the economy is already around 50 percent, depending whose numbers you believe. If we could account for regulation and interventionist legislation, the state’s grip on economic decision-making is certainly larger. To call such an economy capitalist is a joke, albeit perhaps not as cruel a joke as the one the economy itself, with its persistently anaemic performance, is playing on the Keynesian economists and their ridiculous clamour for ever more government spending to boost ‘aggregate demand’.”

Detlev Schlichter, making a point that needs hammering home. What we have in the West, right now, is a million miles from laissez faire capitalism.

‘That’s the mistake that Karl Marx made’

Is this video the 21st century version of a photocopied 1980s Libertarian Alliance pamphlet? It contains Madsen Pirie explaining an economics concept in under three minutes. He tells me that he is going to do 20 videos, one a week.

Strangely, outside of lectures held by the ASI and IEA, there isn’t much video coming out of the UK libertarian scene. Over in the States, all sorts of organisations, especially Reason.tv, have done sterling work with online video. My instinct is that the returns on time for British libertarians doing video could be significant – and that Madsen’s videos will have quite an effect among young people exploring economics.

Speaking of progress …

3D printing with chocolate. More here.

Is this the killer app that 3D printing has been waiting for?

Progress

As I’ve recently been mentioning here, I have lately been doing lots of clearing out of junk from and organising of my home, which is a very satisfying activity. While doing this today, I had another of those haven’t-things-been-progressing-a-lot-lately? moments:

16mbSD.jpg

The point being that that’s 16 megabytes. Not gigabytes, megabytes. This thing came with one of my earlier digital cameras, from about eight or nine years ago, and in fairness 16mb was rather stingy even then. The card could only have accommodated four photos of the size of the photo I just took of it.

I seem to recall an earlier moment of this sort, also recorded here, and also involving an SD card. Yes. Despite all the financial woe we are now suffering, this kind of progress still seems to be hurtling along.

Just wait until I get stuck into all those back issues of Personal Computer World that I also find I still have.

SOPA and intellectual property

The recent debates about the US Stop Online Piracy Act, or SOPA, has reignited interest in the subject of intellectual property. As regulars here know, people who defend free markets take very different views of IP, often clashing sharply about what the purpose of property rights as such is. So to help form my views about this, I recently ordered and received this book, Justifying Intellectual Property, by Robert P Merges. From a fast skim-read, it bases its arguments around the ideas of three thinkers: Kant, Locke and Rawls. A strange mix in some ways, I think. There is a huge bibliography, and the book notes – without rudeness or dismissal – those writers who dispute the case for IP, such as Stephan Kinsella and Tom G Palmer.

Definitely an interesting read, I think. Naturally, it is under copyright.

Update: this is an interesting observation from a man, D Halling, who is a fierce proponent of IP and yet regards the SOPA and related legislation as “power politics at its worst”. So if the IP crowd hate these bills, why bother?

Another update: here is a very rigorous explanation by Stan Liebowitz of the issues as to why IP exists, and does so very much from an economics point of view, rather than say, arguing that IP is about “free speech”.

Strange folk, the French

A Napoleonland theme park is being planned. I find it hard not to see this as being rather like “Hitlerland” but with more elegant looking clothing.

Reflections on the Iceland credit crunch disaster

“In retrospect, there are some obvious questions an Icelander living through the past five years might have asked himself. For example: Why should Iceland suddenly be so seemingly essential to global finance? Or: Why do giant countries that invented modern banking suddenly need Icelandic banks to stand between their depositors and their borrowers – to decide who gets capital and who does not? And if Icelanders have this incredible natural gift for finance, how did they keep it so well hidden for 1,100 years?”

Michael Lewis, Boomerang, page 36.

And I liked this line (page 37): “Leverage buys you a glimpse of a prosperity you haven’t really earned.”