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Today

Daily Courant

On March 11, 1702, The Daily Courant, England’s first national daily newspaper, was published for the first time. It was a one-sheet, concentrated on foreign news, sans commentary. The reverse side sported advertising. It was produced by Elizabeth Mallet (1672–1706), a printer and bookseller who lived, and published the paper, next to the Kings Arms tavern at Fleet Bridge in London.

Categories
Thought

Tolstoy

In all history there is no war which was not hatched by the governments, the governments alone, independent of the interests of the people, to whom war is always pernicious even when successful.


Leo Tolstoy, Christianity and Patriotism (1898).

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video

When Doomsday Fails to Arrive on Schedule

Daniel Hannan tells a classic tale from the history of social psychology, and draws a Brexit lesson:

The story he tells was written about, originally, in the classic treatise by Leon Festinger, Henry Riecken and Stanley Schachter, When Prophecy Fails (1955).

Categories
Thought

John Adams

The nature of the encroachment upon the American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour. The revenue creates pensioners, and the pensioners urge for more revenue. The people grow less steady, spirited and virtuous, the seekers more numerous and more corrupt, and every day increases the circles of their dependants and expectants, until virtue, integrity, public spirit, simplicity and frugality, become the objects of ridicule and scorn, and vanity, luxury, foppery, selfishness, meanness, and downright venality swallow up the whole society.

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Today

The Mahatma

On March 10, 1922, Mahatma Gandhi was arrested in India, tried for sedition, and sentenced to six years in prison, only to be released nearly two years later for an appendicitis operation.

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Accountability free trade & free markets general freedom government transparency moral hazard national politics & policies porkbarrel politics too much government

Georgia on My Dime

After the recent school shooting in Parkland, Florida, followed by pressure from gun control advocates, Delta Airlines announced it would end its corporate relationship with the National Rifle Association, whereby NRA members were given discounts on travel.*

Meanwhile, Georgia legislators were in the process of passing legislation to give Delta a state sales tax break on their fuel purchases. That special legislative deal was worth a whopping $40 million to the Atlanta-based company.

Yet, when Lt. Gov. Casey Cagle heard about Delta dissing the NRA, he tweeted, “I will kill any tax legislation that benefits @Delta unless the company changes its position and fully reinstates its relationship with @NRA.”

The Lt. Gov. added, “Corporations cannot attack conservatives and expect us not to fight back.”

Everyone is familiar with the story. Those who favor gun rights were angry with Delta Airlines and ecstatic with the pushback from Georgia legislators. Those favoring new legislation to restrict gun ownership were thrilled by Delta’s break with the NRA and livid with those legislators.

But while cheering and jeering one side or the other, too many folks missed the 800-lb problem in the room. A letter writer to the Washington Post illuminated it: “The government can’t punish people or businesses for their political views. They can be punished only by the free market, in the form of lost business.”

True enough in the free market.

But when crony capitalism replaces free markets, the government certainly will punish or reward people and businesses — with millions and billions of our tax dollars — on purely political grounds.

Georgia government just did it to Delta Airlines.

This is Common Sense. I’m Paul Jacob.

 

* To be precise, reports claim a grand total of 13 NRA members availed themselves to the special rates once offered by Delta.


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Today

William Cobbett

March 9 marks the 1763 birthday of British pamphleteer and activist William Cobbett. Cobbett was known for his lifelong opposition to authority, and his later-in-life “radicalism,” which included his opposition to Britain’s protectionist Corn Laws as well as his support for Catholic Emancipation. Cobbett died in 1835.

In 1776 on this date, Scottish philosopher Adam Smith first published An Inquiry into the Nature and Causes of the Wealth of Nations, which became the first widely accepted landmark work in the field of economics. It was not the first general treatise on the subject, however; that designation almost certainly belongs to banker Richard Cantillon’s Essai sur la Nature du Commerce en Général, cited by Smith in his more famous book. It is also worth noting that Étienne Bonnot de Condillac’s systematic treatise, Le Commerce et le Gouvernement, also saw publication in 1776.

On March 9, 1862, the USS Monitor and CSS Virginia fought to a draw in the Battle of Hampton Roads, the first battle between two ironclad warships. The Virginia was built on the remains of the USS Merrimack, and the battle is often referred to as between “the Monitor and the Merrimack.”

Categories
Thought

Arthur Latham Perry

The Greek writer, Aristotle, quoted some centuries before Christ from “the African,” probably some Carthaginian writer on agriculture, the now familiar saying, “the best manure for the land is the foot of the owner.” This homely word long attributed to Dr. Franklin, who stole it for his “Poor Richard’s Almanack” more than a century ago, is based on the sound principle, that personal supervision to be most effective must be limited in its sphere, and that the best agricultural skill becomes weak when it attempts to exhibit itself on too broad a surface. Because a man can cultivate 100 acres better than any of his neighbors, it does not prove that he will cultivate 50 acres additional to them better than a neighbor of inferior skill, who is the owner of these 50 and no more.

Arthur Latham Perry, Principles of Political Economy (1891).
Categories
Accountability incumbents media and media people moral hazard national politics & policies term limits

Like Motel Matches

When President Trump announced he was slapping a 25 percent tariff on imported steel and 10 percent on aluminum, a friend asked me how the president could possibly possess such unilateral authority. 

That was my first thought, too, before surmising that Congress had again given away its constitutional power, as its habit, thoughtlessly — like motel matches.*

Writing in National Review, Jay Cost confirmed my suspicion, “Over the past 80 years, authority over tariffs, as well as over all manner of properly legislative functions, has migrated to the executive branch, away from the legislative.”

When FDR sought greater power over trade, Cost explained, “It was as if Congress threw up its hands in exasperation and said to the president, ‘We cannot handle our authority responsibly. Please take it off our hands, for we will screw things up and lose reelection.’”

Ah, the laser-like focus of modern career politicians . . . on what’s most important . . . to them.

“Nobody looks to Congress for redress of grievances anymore …” Cost wrote. “Congress has systematically shrugged power off its shoulders over the past 80 years, and it inevitably screws up the handful of authorities it retains . . .”

Why? What has led our first branch of government, over the last 80 years or so, to surrender its authority?

Congress has become much more “experienced,” evermore a career destination. And a lucrative one.

We desperately need term limits. And we need smaller districts where individual citizens matter more than money and special interests.

Save Congress from itself — before it sets the country afire.

This is Common Sense. I’m Paul Jacob. 

 

* My mind jumped to Elvis Costello’s song, Motel Matches: “Giving you away, like . . .” what, precisely, in this case? The authority in Article 1, Section 8 of the Constitution: “The Congress shall have the Power to lay and collect Taxes, Duties, Imposts and Excises….”


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Categories
Today

Slavery and Anti-Slavery in America

On March 8, 1775, “African Slavery In America,” the first known essay advocating the abolition of slavery in America, was published anonymously in the Pennsylvania Journal and the Weekly Advertiser. Thomas Paine (pictured) is believed to be the essay’s author.

The first anti-slavery society was formed in Philadelphia weeks after publication, and Paine was a founding member.

Exactly 120 years earlier, a court in Northampton County of the Virginia Colony ruled that John Casor, then working as an indentured servant to Robert Palmer, must be returned to Anthony Johnson as Johnson’s “lawful” slave for life. Ironically, Johnson was one of the original indentured servants brought to Jamestown, had completed his indenture to become a “free Negro” and the first African landowner in the colony. The case marked the first person of African descent to be legally-recognized as a lifelong slave in England‘s North American colonies. The first official chattel slave in English-speaking North America was of African descent, and was owned by a man also of African descent.


Centenary Dates:

The February Revolution began on February 23, 1917 (Old Style calendar: March 8 by modern reckoning), in Russia: Women calling for bread in Petrograd started riots, which spontaneously spread throughout the city.

On March 8, the United States Senate adopts the cloture rule in order to limit filibusters.