Author: Redactor

Categories
free trade & free markets national politics & policies too much government

Ride the Market Express

What’s the biggest expense for people in the lowest income bracket? Housing? Food? Medical care?

No.

It’s transportation.

Across all income levels, transportation comes in as the second largest expenditure. It’s a big deal.

Places to go; people to see. Often, it’s business to do. Our way of life depends on moving things and people around.

The Washington Post headlined a recent story, “Infrastructure is a priority, survey shows, but paying for it isn’t.” The implication? Americans want a free lunch.

That’s bad. But not true.

The Post should have made it clear that people are specifically skeptical about “paying for it” through higher taxes. The Rockefeller Foundation Infrastructure Survey found that over 70 percent of us oppose raising the gas tax, 64 percent are against adding tolls to existing highways, and 58 percent aghast at the thought of a tax on each mile driven.

However, the survey’s most interesting number was 78 — that’s the overwhelming percentage of Americans who want private sector investment in transportation projects. As consumers, we know we’re not responsible for all the costs and cost overruns involved in bringing most products or services to market. When we decide to purchase something we do pay some of these costs, but not before. Privatizing transportation would allow market forces like “price” and “consumer demand” to get better transportation to market, with investors — not consumers — taking the bulk of the risk.

Or we could let politicians and bureaucrats continue to make things worse.

This is Common Sense. I’m Paul Jacob.

Categories
general freedom initiative, referendum, and recall

Swiss Gun Control

In mid-​February, Swiss voters rejected stricter gun controls.

No one knows how many guns the Swiss own. There’s no national registration system, yet the Swiss do not suffer a high crime rate, like America does.

But the country does have the highest gun suicide rate in Europe.

The stranger issue, though — and in contrast to most countries around the world — is the number of semi-​automatic rifles belonging to the army that soldiers and ex-​soldiers store at home. It’s part of the Swiss defense plan. The army can quickly rise up in case of an attack.

The gun control proposal would have required solders’ firearms to be locked up in armories. This, it was argued, was to help reduce suicide rates … though a few high-​profile shootings also gave impetus to the gun control measure. During the debate much was made of the country’s long history of firearm expertise and unique military heritage. 

The measure was defeated in 20 of Switzerland’s 26 cantons, with over 56 percent of voters rejecting it, nationwide. 

Does the Swiss system seem strange?

It’s certainly different.

Switzerland still uses conscripts, while the U.S. rightly recruits an all-​volunteer military. But their method of decentralized governance, borrowed more than 150 years ago from us and today far more decentralized than ours, is wise not only for the firepower of national defense, but for more bang for the buck in all areas of government. 

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets ideological culture initiative, referendum, and recall

The Real Reaganism

Last week Americans honored the late Ronald Reagan on the occasion of his 100th birthday. There was one man who certainly made a difference.

Reagan’s cumulative pressing of his core belief in freedom and free markets was more important than any single accomplishment — or mistake. His dogged commitment to the principles of freedom changed the course of history, even as Reagan, the politician, didn’t always live up to his lofty beliefs. As president, he ran up (then) record budget deficits and he flip-​flopped on draft registration, for example.

Still, as much as President Reagan could fall short, his legacy grows sweeter over time, in part because of a second major idea. He believed that the common sense of the people was far more capable and worthy of trust in making the important decisions we face than are politicians left to their own devices.

That’s why Mr. Reagan took time from his 1980 campaign to send a letter to New Jersey activist Sam Perelli, who was lobbying his state’s legislators to establish a process where citizens could put issues on the ballot. “George Bush and I congratulate you on your efforts to attain, for the people of New Jersey, the right to initiative and referendum,” Reagan wrote. “We urge you to keep up your fight and we endorse your efforts.”

Mr. Reagan is remembered for his faith in freedom and in our democratic ability to defend that freedom.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets

Defrosting the Obamalogic

I thought I was done talking about Obama’s Chamber of Commerce speech. But the Mises Institute’s Jeffrey Tucker has tackled another goofy element in it. The president claimed that government regulators “make our lives better” and “often spark competition and innovation.” In his example, the government’s “modest” regulatory targets imposed “a couple decades ago” allegedly mean that “a typical fridge now costs half as much and uses a quarter of the energy that it once did — and you don’t have to defrost.”

One wonders what profit-​seeking folks like the Rockefellers and Carnegies, Edisons and Fords did without regulatory impetus. Hide the innovations people are happy to pay for until regulators come along and force entrepreneurs to make money from them?

As it happens, there’s a history to refrigerators. Patents for auto-​defrosting fridges were first issued in 1928, and by 1951 these fridges were making their way into homes. In the 1970s they proliferated. As Tucker explains, this is normal market practice. “A company found a way to package [frost-​free freezers] as a luxury good available in some markets. Another company saw the advance and emulated it.…” 

Nobody had to point guns at fridge makers.

In “Blow Hot, Blow Cold,” Robert H. Miller reveals the usual way government “helps progress” — by struggling to rebuild what it previously destroyed. Example? The electric-​generating windmill industry that the New Deal’s Rural Electrification Act so handily suppressed.

Progress is built into markets. Governments? Not so much.

This is Common Sense. I’m Paul Jacob.

Categories
First Amendment rights free trade & free markets too much government

Practicing Competence Without a License

You just can’t win. Well, you can; but if you do win — or even just make a decent go of it — that only proves you’re cheating. 

Before you object, please take a breath. Note the sterling sentences, above, with subjects and predicates and everything. I must be practicing grammar without a license! At least, that’s what the charge would be if I were to dispute the syntax of pronouncement from the North Carolina Department of Transportation.

See, an official at NCDOT has accused David Cox, a member of a citizens group, of “practicing engineering without a license.” This was not just colorful rhetoric. The accuser filed a complaint with the state licensing bureau. 

Cox’s group wants city and state officials to authorize traffic lights at a couple intersections. The Department of Transportation hired an engineering consultant to demonstrate that the traffic lights are unnecessary. In response, Cox helped prepare a sophisticated counter-​analysis with diagrams and traffic projections. Cox, a computer scientist, did such a great job that he allegedly crossed the line from legal bumbling to illegal knows-what-he’s‑doing.

I shan’t tear this notion to bits myself. You’re no doubt doing so in your head, and without first obtaining governmental permission — you outlaw! I will say that in this case, “practicing engineering without a license” might as well mean “petitioning of government without a license.”

But we don’t need licenses for that. We have the right. A constitutionally recognized right.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets

Do the Business, People!

What can we do to help commerce? the French finance minister asked a group of businessmen in the late 17th century. The reply became famous — was, indeed, the snappy comeback heard ’round the world: “Laissez-​nous faire!”

Let us be; leave us alone.

Or: Get out of the way! No onerous taxes, no playing favorites with subsidies or regulations or “protection.”

It’s unlikely that President Obama keeps the works of the French Physiocrats, or later “political economy” writers, by his bedside. Speaking before the Chamber of Commerce recently, he enjoined businessmen to “hire and invest,” “get in the game,” etc.

“Ultimately,” he explained, “winning the future is not just about what the government can do to help you succeed. It’s about what you can do to help America succeed.”

Stop dithering! Hire!

But what competent capitalist, enjoying a huge and lasting increase in demand, and having the means to hire new employees to help meet it, would refuse to do so? Obama speaks as if “helping the economy” were the point of getting staff. No. One hires to produce, sell and make money. This does “help the economy”; it is the economy. But companies only hurt themselves and the economy if they hire persons not yet needed just to “win the future.”

Responding to Obama’s remarks, Harold Jackson, CEO of Buffalo Supply, says it’s “a little outside the bounds to suggest that if we hire people we don’t need, there will be more demand.”

A little? Understatement.

This is Common Sense. I’m Paul Jacob.