Categories
Thought

Destutt de Tracy

“Whenever I make an exchange freely, and without constraint, it is because I desire the thing I receive more than that I give; and, on the contrary, he with whom I bargain desires what I offer more than that which he renders me.”


Antoine Louis Claude Destutt, comte de Tracy, A Treatise on Political Economy (Georgetown, D.C.: Joseph Mulligan, publisher; W. A. Rind & Co., printer, 1817) Thomas Jefferson, ed. of translation, from the section entitled “The First Part of the Treatise on the Will and Its Effects: Of Our Action,” p. 8.

Categories
government transparency initiative, referendum, and recall

Temporal Redistricting

They must be proud of themselves, the Little Rock insiders who pushed through a vote on a bond measure in hot-as-Hades mid-July.

Less than 4 percent of eligible voters turned out for the off-cycle exercise in 100-degree democracy. The measure, which refinances previous library bonds and puts an influx of cash into Little Rock public library branches, passed with over four-fifths of the minuscule turnout.

Now, as bond measures go, this one sure seems like a dream; its advocates say it will reduce, not increase, taxes.

But that July 14 vote!

“There was no organized opposition to the bond refinancing campaign,” we read, courtesy of the Arkansas Democrat-Gazette. “Still, Pulaski County Election Commission Executive Director Bryan Poe expected a higher voter turnout.” He thought they would get at least 6,000 voters. Still, even that many votes would have amounted to less than 5 percent of the over 126,000 registered city voters.

It certainly wasn’t any surprise, then, that turnout would be tiny and democratic decision-making left to a tiny fraction of the public.

Detect a certain odor?

It stinks of redistricting. When politicians redistrict voters so that predictable partisan outcomes can be reached — somehow to the benefit of those doing the redistricting — the insiders are not really trying to provide representation to voters. They are trying to continue their business as usual.

“Insiders know best”?

By selecting a summer date for the vote, insiders in effect redistrict the voters using time as the gerrymandering boundary. Call it temporal redistricting, advantaging those with the most at stake in the vote’s outcome.

Call it democracy for the 1 (or 3½) percent.

This is Common Sense. I’m Paul Jacob.


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Sneaky Democracy

 

Categories
Accountability folly national politics & policies responsibility

Failing in the Future Biz

If you can’t sell us the future, you’re doing it wrong. We all want to get there in one piece.

Right now, a horde of Republican presidential candidates and a small cohort of Democrats vie to present themselves as visionaries, leaders.

Yet, what they all have in common is that they ignore the most serious issue facing us. Bigger than borders and terror and ISIS and gay marriage and all that, is the financial stability of the United States. Our future is in peril because of the continual Washington stalemate of never-ending deficit spending and continual debt growth — total debt being around $100 trillion.

The reason for this enormity? Politicians like to promise things, lots of things, very expensive things like wars and entitlements, to win our votes. But these same promiscuous over-promisers have more than a little difficulty agreeing on the taxes that would pay for all those “things.”

Why the difficulty? Because Americans already pay plenty in taxes and very few of us non-Omaha-based non-billionaires care to fork over even more of our hard-earned pay to a wasteful leviathan.

Any respectable vision of the future must acknowledge the current predicament, and provide a way out — before it’s too late, like it may very well already be . . . for Greece.

Wanting something for nothing isn’t Greek to any of us, unfortunately. That’s why we need leaders with the honesty and courage to present a vision more real than government providing ever more goodies on credit ad infinitum.

Credit just doesn’t add up, infinitely. The more you rack up debt, the more finite your future.

This is Common Sense. I’m Paul Jacob.


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Future Fail

 

Categories
Thought

Vilfredo Pareto

“We can group socialists and protectionists under the name of restrictionists, whilst those who want to base the distribution of wealth solely on free competition can be called liberationists…

“Thus restrictionists are divided into two types: socialists, who through the intervention of the state, wish to change the distribution of wealth in favour of the less rich; and the others, who, even if they are sometimes not completely conscious of what they are doing, favour the rich — these are the supporters of commercial protectionism and social organisation of a military type.”


Vilfredo Pareto, “Socialism and Freedom,” 1891.

Categories
term limits

Universal Bull

“We have term limits, they’re called elections.”

So goes one argument, famously paraphrased by President Robert Mugabe of Zimbabwe for an African Union summit: “It is a democracy. If people want a leader to continue, let him continue.”

“All over the world,” Owen Bennett-Jones writes at BBC.com, “leaders…are reluctant to give up power.” He points to a number of cases, mainly in nations struggling for democratic stability:

  • “The most striking current example,” according to Bennett-Jones, “is Burundi’s President Pierre Nkurunziza who, amidst violent opposition, is campaigning for a third term in office despite the constitution saying he can only have two.” The president’s spokesman acknowledged, “ Nkurunziza indeed believes he is president by divine will.”
  • In Burkina Faso, thousands clogged the streets after the 27-year presidential incumbent, Blaise Compaore, schemed to evade a constitutional term limit on his office. But facing unrelenting pressure, Compaore soon stepped down.
  • Speaking about his campaign to have the parliament eliminate term limits so he can run for re-election, Ecuador’s socialist President Rafael Correa told reporters, “The easiest thing would be for me to retire in 2017 as one of the best presidents in our history, as the people refer to me.” Correa’s decision to reluctantly remain in power has sparked protests across the country.

It is easy to recognize the sad abuse of power by these “third world” strongmen. Yet, we are continually fighting politicians in “first world” America.

When will politicians ever learn?

When the people are organized enough to assert power over those politicians . . . in Ecuador . . . Burundi . . . and the good ol’ US of A.

This is Common Sense. I’m Paul Jacob.


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Term Limits

 

Categories
Thought

James H. Boren

“Bureaucracy is the epoxy that greases the wheels of progress.”


James H. Boren, in When in Doubt, Mumble: A Bureaucrat’s Handbook (1972).

Categories
folly free trade & free markets general freedom individual achievement national politics & policies

Work Longer?

Set aside all the snake oil that sleazy, slippery-tonged solons have sought to sell us, now comes the Bush behind Door #3 to tell the teeming masses of tailing media what we need to do . . . if Americans want to grow economically as a country, and succeed individually.

We need to work more.

Former Florida Gov. Jeb Bush was just casually tossing about that four-letter word in a recent meeting with the editorial board of the Union Leader in Manchester, N.H.:

My aspiration for the country and I believe we can achieve it, is four percent growth as far as the eye can see. Which means we have to be a lot more productive, workforce participation has to rise from its all-time modern lows. It means that people need to work longer hours and, through their productivity, gain more income for their families. That’s the only way we’re going to get out of this rut that we’re in.

Work more? Harder? Longer?

How dare Jeb suggest that our future success, together or individually, should be dependent on us . . . of all people?

Democrats immediately pounced. A statement from the Democratic National Committee called Bush’s remark “easily one of the most out-of-touch comments we’ve heard so far this cycle.”

“Americans are working pretty hard already & don’t need to work longer hours,” tweeted John Podesta, chairman of the 2016 Hillary Clinton presidential campaign, “they need to get paid more.”

We all “need” a lot of things. The point is we are all better off when we go out and earn what we need.

Well, that’s my point, anyway.

And, perhaps, Jeb Bush’s.

This is Common Sense. I’m Paul Jacob.


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Work more

 

Categories
Thought

Thomas Jefferson

“The basis of our government being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them.”


Thomas Jefferson, Letter to Colonel Edward Carrington (16 January 1787).

Categories
links

Townhall: The Cynics and the Minimum Wage

This weekend at Townhall, a recurring subject, but with a British twist: why support a minimum wage if it doesn’t do the good claimed for it? Maybe the backers don’t uniformly want the good. Could they want the bad?

Which brings up the question of cynicism. We who aim to help the poor, as opposed to those who advocate policy just make themselves feel good, should be immune from the charge of “cynicism.”

Even if we are often very skeptical of the politics and rhetoric surrounding “the minimum wage.”

Click on over, then back here for more reading:

  • Minimum Wage, Maximum Damage, by Jim Cox
  • Reich is Wrong on the Minimum Wage,” by Donald Boudreaux
  • A Simple Question for Minimum Wage Advocates,” by Donald Boudreaux
  • Last week’s Common Sense, “A British Puzzle,” that gave the short version of this weekend’s Townhall lesson.
  • For an overview of the main economic theories of wage-rate determination over the last 300 years, an economicconcepts.com article goes into some detail. It is better than Britannica’s account, for example, in that it does not give any credence to “the bargaining theory,” which, too often, assumes that prices do not really matter, are infinitely malleable by powerful negotiators. That just cannot be true. Prices have consequences. Wage rates do, too. They should reflect real supplies and real demands, so we can adapt ourselves to real human needs and not phantom wishes and hopes and dreams that can come to nothing.
Categories
Thought

Thomas Jefferson

“…he [King George III] has waged cruel war against human nature itself, violating its most sacred rights of life & liberty in the persons of a distant people who never offended him, captivating & carrying them into slavery in another hemisphere, or to incur miserable death in their transportation thither. This piratical warfare, the opprobrium of infidel powers; is the warfare of the Christian king of Great Britain. determined to keep open a market where MEN should be bought & sold he has prostituted his negative for suppressing every legislative attempt to prohibit or to restrain this execrable commerce: and that this assemblage of horrors might want no fact of distinguished die, he is now exciting those very people to rise in arms among us, and to purchase that liberty of which he has deprived them, by murdering the people upon whom he also obtruded them: thus paying off former crimes committed against the liberties of one people, with crimes which he urges them to commit against the lives of another.”


Thomas Jefferson, from the original draft of the Declaration of Independence (July 3, 1776), known as the ‘anti-slavery clause,’ this section was removed from the Declaration at the behest of representatives of South Carolina.