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Thought

Samuel Butler

The main feature in their system is the prominence which they give to a study which I can only translate by the word ‘hypothetics.’ They argue thus — that to teach a boy merely the nature of the things which exist in the world around him, and about which he will have to be conversant during his whole life, would be giving him but a narrow and shallow conception of the universe, which it is urged might contain all manner of things which are not now to be found therein. To open his eyes to these possibilities, and so to prepare him for all sorts of emergencies, is the object of this system of hypothetics. To imagine a set of utterly strange and impossible contingencies, and require the youths to give intelligent answers to the questions that arise therefrom, is reckoned the fittest conceivable way of preparing them for the actual conduct of their affairs in after life.

Samuel Butler, describing the residents of the imagined southern hemispheric utopians in his satirical novel, Erewhon, 1872.
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Today

Nobel Laureate Economist

On April 30, 1902, economist Theodore W. Schultz was born. His work studying the quick post-war recovery in Germany and Japan led to his development of “human capital theory,” explicated in many books, including Investing in People (1981). He was co-winner (with William Arthur Lewis) of the 1979 Alfred Nobel Memorial Prize in Economic Sciences. Schultz died in 1998.

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video

North Korean Rationality

Michael Malice explains the method to North Korean madness:

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Today

Dachau

On April 29, 1945, U.S. troops of the Seventh Army liberated the Dachau concentration camp.

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Accountability free trade & free markets general freedom national politics & policies tax policy

Death and . . .

It’s a sure thing — that most folks will like President Trump’s tax cuts. Though we don’t yet know all the details.

When it comes to taxes, less is more

That is, if you’re paying taxes. It is no great mystery that people like it when their own taxes are reduced.

But what about reducing other people’s taxes?

“The core economic case for tax cuts is that they reduce the obstacles to creative and productive activities,” economist Don Boudreaux explained yesterday at the Café Hayek blog.

Cutting the corporate tax rate — which even former President Bill Clinton supported during last year’s campaign — won’t immediately appear in people’s paychecks, but can stimulate economic growth helping everyone. Recent experiences in both Britain and Canada bear this out.

Cutting taxes, of which “the rich” pay more, can also spur growth.

Yet, these ideas do not dominate popular discussions of tax cuts. Boudreaux lamented media reporting that treats any tax reduction as simply a “‘gift’ to high-income earners,” dubbing the coverage: “Biased. Benighted. Blind.”

“Suppose that freedom of the press were reported in the same way as . . . a ‘giveaway to the press’?” he asked. “Most people, of course, do not own newspapers or other media outlets.”

Boudreaux concluded, “When the press is free, the chief beneficiaries are the general public.”

Freedom — of both the press and to keep more of the fruits of our labors — helps the common man. As well as the uncommon man. A tax cut for me helps me directly, and you indirectly. And vice versa. Just as a free press is great for those in journalism as well as those of us not in journalism.

That is not blind, but eyes open; not benighted, but enlightened; not biased, but . . .

. . . Common Sense. I’m Paul Jacob. 


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Today

Mutiny!

On April 28, 1789, Lieutenant William Bligh and 18 sailors were set adrift by the rebel crew of the HMS Bounty, which returned briefly to Tahiti and then set sail for Pitcairn Island.

On the same date in 2001, millionaire Dennis Tito became the world’s first space tourist.

Categories
Thought

William J. Locke

Truth is the enfant terrible of the Virtues.


 

William J. Locke, The Morals of Marcus Ordeyne (1905), p. 50.

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folly general freedom ideological culture responsibility too much government U.S. Constitution

UN-appealing

Like E.F. Hutton, when the United Nations’ Office of the High Commissioner for Human Rights “Special Rapporteur on the right of everyone to the enjoyment of the highest attainable standard of physical and mental health” talks, people listen.

In disbelief, perhaps. Or amusement. But they listen. Well, at least Washington Post columnist Dana Milbank does, anyway.

Unfortunately, Milbank couldn’t get Dainius Puras — the Lithuanian doctor serving as the U.N.’s Special Rapporteur on the right of everyone to blah, blah, blah — to talk. Milbank did, however, uncover an “urgent appeal” sent by Puras to the U.S. State Department, with instructions to pass it along to congressional leaders.

Puras won’t discuss his confidential February letter until June, when “it becomes public at the next session of the Human Rights Council.” But the “leaked” letter announces the U.N. has launched an investigation to determine whether repealing the Affordable Care Act (Obamacare) violates international law.*

“The letter urges that ‘all necessary interim measures be taken to prevent the alleged violations’” Milbank further explains, “and asks that, if the ‘allegations’ proved correct, there be ‘adequate measure . . . to guarantee the accountability of any person responsible.’”

Should Congress repeal Obamacare, will U.N. troops occupy Washington, arresting congressmen for voting against its mandate?

The international body has no way “to impose its will,” Milbank acknowledges, seeming to wish it did and complaining that folks just “scoff at lectures from U.N. bureaucrats.”**

Taking solace, Milbank declares: “[T]he U.N. letter is at least a bit of moral support for those defending Obamacare.”

Moral support? From the U.N.? Now, you’re pulling my leg.

This is Common Sense. I’m Paul Jacob.

 

* Along with other U.N. gobbledygook, the letter cites Article 25 of the Universal Declaration of Human Rights, which proclaims, “Everyone has the right to a standard of living adequate for the health and well-being of himself and of his family” etc. etc. Standard U.N. speak: flowery, vague and unenforceable.

** People throughout the world and across the political spectrum — from the UK’s Daniel Hannan to Chelsea Clinton — scoff at the U.N. for being incompetent and corrupt. Not to mention thoroughly socialist.


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Today

Wollstonecraft & Spencer

On April 27, 1759, English philosopher and author Mary Wollstonecraft was born. Wollstonecraft married anarchist philosopher William Godwin and the couple had one daughter, Mary Shelley, author of Frankenstein: or, The Modern Prometheus. Wollstonecraft herself wrote one infamous and valiant effort in the emancipation of women, A Vindication of the Rights of Women, in 1792.

English philosopher, psychologist, sociologist, and political theorist Herbert Spencer was born in Derby, England, on April 27, 1820. Among Spencer’s most famous books are First Principles, Principles of Ethics (chiefly its first part, The Data of Ethics), The Study of Sociology, The Man versus the State, and two editions of Social Statics. Spencer was an evolutionary theorist as well as a religious and political philosopher, and coiner of the phrase “survival of the fittest.” He called the basic principle of a free political order “The Law of Equal Freedom.”

Categories
Thought

J. H. Levy

Looked at from an economic point of view, I hold socialism to be the active or direct distribution of products by the state. Regarded from its more general or political aspect, I designate as socialistic any extension of state interference or activity beyond the point up to which that interference is necessary in order that freedom may be at the maximum. Individualism postulates that some government — that is, some compulsory cooperation for political purposes — is needed in order to keep freedom at this point, that so much government is justifiable and good, and that all government beyond this is unjustifiable and mischievous. This quantum of government desiderated by the individualist constitutes a norm from which anarchism diverges on one side and socialism on the other. If we are suffering from a poison we find it advantageous to take a second poison, which acts as an antidote to the first. But, if we are wise, we limit our dose of the second poison so that the toxic effects of both combined are at the minimum. If we take more of it, it produces toxic effects of its own beyond those necessary to counteract, so far as possible, the first poison. If we take less of it, the first poison, to some extent, will do its bad work unchecked.


 

Joseph Hiam Levy, The Outcome of Individualism (1892), Chapter Two.