Categories
Thought

Ludwig von Mises

In the political sphere, there is no means for an individual or a small group of individuals to disobey the will of the majority. But in the intellectual field private property makes rebellion possible. The rebel has to pay a price for his independence; there are in this universe no prizes that can be won without sacrifices. But if a man is willing to pay the price, he is free to deviate from the ruling orthodoxy or neo-orthodoxy. What would conditions have been in the socialist commonwealth for heretics like Kierkegaard, Schopenauer, Veblen, or Freud? For Monet, Courbet, Walt Whit- man, Rilke, or Kafka? In all ages, pioneers of new ways of thinking and acting could work only because private property made contempt of the majority’s ways possible.

Categories
Today

October 5, Portugal a republic

On October 5, 1910, the Portuguese monarchy was overthrown and a republic declared.

Categories
links

Townhall: Land of Impunity

Over at Townhall, another tale of out-of-control government.

Click on over, then back here for more reading.

 

Categories
Thought

Ludwig von Mises

It has been observed by eminent economists, I think first by the late Frank A. Fetter, that the market is a democracy in which every penny gives a right to vote. It would be more correct to say that representative government by the people is an attempt to arrange constitutional affairs according to the model of the market, but this design can never be fully achieved.

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video

Video: Hong Kong Student Protest Organizer

A 17-year-old activist explains the protests in Hong Kong, making the case for basic democratic rights.

Categories
Today

October 4, SpaceShipOne

On October 4, 2004, SpaceShipOne became the first private craft to fly into space, thereby winning the Ansari X Prize for private spaceflight.

Categories
Thought

Ludwig von Mises

There is under capitalism one way to wealth: to serve the consumers better and cheaper than other people do.

Categories
general freedom ideological culture

How to Occupy Hong Kong

The fight for freedom doesn’t stop at the border.

Hong Kongers, we are with you.

Your protest against continued tyranny by mainland China is a just cause. The Communist Party of China may no longer be in Marx’s pocket, but its members remain greedy and dictatorial and oppressive.

Leung, the governor of Hong Kong, refuses to step down. Tyrants do cling to power. (No term limits for them!) But the people have every right to demand his ouster under a principle established in our own revolution: Government must rest upon the consent of the governed.

I have no idea how this will all turn out. Ever since the Tiananmen protests, a generation ago, I’ve harbored hope: a freer future for the Chinese. But I know they are up against a juggernaut, an extremely entrenched exploiter class. The Tiananmen protests were violently put down, suppressed. Will Hong Kong’s be?

I think the people of Hong Kong know what they’re up against. All Chinese people know how corrupt and dangerous their government is. But the details, the exact history of the crimes? Not so much. Kept under wraps. Still, the people of Hong Kong developed a taste for freedom under the Brits. If not a taste for democratic elections. Now they are demanding both electoral democracy and democratic freedoms.

The protesters “occupying” Hong Kong have American analogues. But are they “Occupier” or “Tea Party”?

They aren’t demanding socialistic levels of more government. And they aren’t trespassing, or committing crimes. And they pick up after themselves.

That’s the way to “occupy” a city: For freedom, responsibly.

This is Common Sense. I’m Paul Jacob.

Categories
Today

October 3, Buchanan & Vidal

On October 3, 1919, James M. Buchanan was born. Buchanan would go on to an illustrious career in economics, developing the theory of “Public Choice,” and receiving the 1986 Nobel Memorial Prize in Economic Sciences for his work. His books include “Cost and Choice,” “The Calculus of Consent” (with Gordon Tullock), and “The Limits of Liberty: Between Anarchy and Leviathan.”

In 1925, on this date, Gore Vidal was born. Vidal would go on to become one of the leading post-WWII liberal essayists as well as a major novelist and screenwriter. His most famous novels include “Burr,” “1876,” and “Lincoln,” part of his American history series; his collection of essays, “The United States,” was one of his many bestsellers.

Categories
Today

October 2, Bill of Rights

On October 2, 1789, George Washington sent the proposed Constitutional amendments (the United States Bill of Rights) to the States for ratification.

On the same date in 1919, U.S. President Woodrow Wilson suffered a massive stroke, leaving him partially paralyzed, preventing him from reacting to the economic downturn following the Great War in a Progressive fashion, making his response de facto laissez faire. One insider, and skeptic of Progressive hubris, cattily referred to Wilson’s incapacitation as “a stroke of luck.”

His successor in office, President Warren G. Harding, would go on to massively cut spending as well as taxes, and take on regulation as well. He also released Woodrow Wilson’s domestic war prisoners — ranging from journalists, ordinary folk to Eugene V. Debs — who had dissented from Wilson’s involvement in the war.

The Depression of the early 1920s, though as deep as the early 1930s’, proved remarkably brief, thanks to Harding . . . and Wilson’s “stroke of luck.”