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free trade & free markets general freedom international affairs

Market Rents Work in Argentina

Markets work and markets for housing work.

This is what the new president of Argentina, Javier Milei, has sought to confirm by means of radically free-​market economic policies. He is going as far as he can as fast as he can to make Argentina a freer and more prosperous country.

Can he succeed in the long run?

Many exploiters of the socialist status quo ante are bitterly opposed to his reforms and hope to undo them. We’ve seen before how quickly a relatively anticapitalist administration can kill the freedom-​expanding reforms of a relatively procapitalist one.

But at least for now, Milei is proving his point, as witness the market for apartments in Buenos Aires.

The Buenos Aires newspaper El Cronista reports (with the help of Google Translate) that with the end of rent controls, the supply of rental units in Buenos Aires has doubled and prices for units have fallen by around 20%. The paper cites data by the Argentine Real Estate Chamber and the reports of brokers.

Under rent control, by 2023 the supply of rentals had shrunk to just 400 units. “Today we have a stock of more than 800 apartments, and it is growing day by day,” says Alejandro Bennazar, a director at the Chamber.

Eight hundred units is still low given the size of the capital city, but there’s light at the end of the tunnel. Getting rid of the controls caused supply to double instantly. An excellent start.

This is Common Sense. I’m Paul Jacob.


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Common Sense general freedom Thought

Happy New Year – 2024

“We have it in our power to begin the world over again. A situation, similar to the present, hath not happened since the days of Noah until now. The birthday of a new world is at hand, and a race of men, perhaps as numerous as all Europe contains, are to receive their portion of freedom from the events of a few months. The reflection is awful, and in this point of view, how trifling, how ridiculous, do the little paltry cavilings of a few weak or interested men appear, when weighed against the business of a world.”

from “Common Sense” by Thomas Paine
Categories
education and schooling First Amendment rights general freedom international affairs

Cold Climate in Hong Kong

“There is no ‘red line,’” says an anonymous thirty-​something Hong Kong humanities professor. “If they want to come after you, everything can be used as an excuse.”

Grace Tsoi, writing for the BBC, shows what happens when political correctness returns to its roots in totalitarianism. As it has in Hong Kong, in the “People’s [sic] Republic [sic] of China [sick].” The young academic Ms. Tsoi is quoting elaborated the situation: “He says his nightmare is being named and attacked by Beijing-​backed media, which could cost him his job, or worse, his freedom.”

Political correctness can cause academics in America their jobs, of course. But as relentless as our woke media and online mobs may be to “de-​platform” people they disagree with, it’s harder to go all the way.

Under a totalitarian state, it’s easier to be more thorough.

That’s why totalitarianism is the modish form of tyranny that tyrants aspire towards.

More power.

“In the academic year 2021/​22, more than 360 scholars left Hong Kong’s eight public universities,” Ms. Tsoi explains. “The turnover rate — 7.4% — is the highest since 1997, when Hong Kong returned to Chinese rule, according to official data. Foreign student enrolments have dropped by 13% since 2019.”

The chilling effect is arctic. Self-​censorship has become the rule, in advance of expected censure, censorship, or worse. Hong Kong academics blame all this on 2020’s National Security Law, which “targets any behaviour deemed secessionist or subversive, allowing authorities to target activists and ordinary citizens alike.”

It’s worth remembering that while “secession” is a dirty word for the powerful, and subversion the enemy of all, it does depend on context: secession from a tyrannical state is liberation; subversion of an unjust system is justice.

This is Common Sense. I’m Paul Jacob.


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First Amendment rights Internet controversy social media

Memester to the Pokey

It was a joke. For which he’s been sent to prison.

A political joke online.

Admittedly, it wasn’t very funny. It certainly wasn’t new. That is, the general idea has been floating around for as long as there have been ballot boxes. 

The ur-​form of the joke is “Hey, [political opponent], why don’t you deposit that ballot right here in this handy receptacle [trash can]?”

The specific joke that got Douglass Mackey into big trouble sported an image of a smiling black woman in front of a white-​on-​blue “African Americans for Hillary/​President” sign, along with the message: “Avoid the line. Vote from home. ¶ Text ‘Hillary’ to 59925 ¶ Vote for Hillary and be a part of history.”

It arguably flirted with dirty tricks of the sort honest people don’t engage in. But a lot of partisans do that sort of thing, not just Mr. Mackey, who posted the joke to his now-​defunct “Ricky Vaughn” Twitter account. A better version of the joke about the same time was not only never prosecuted, the link to it’s still on Twitter (X). It just so happens, however, to have been made by a Democrat … against Trump voters.

Trolls flirting with Dirty Trick status are not criminals; there is the First Amendment. But what Mackey was successfully prosecuted for (he was sentenced last week to seven months) was “Election Interference.”

Tellingly, ZERO is the number of voters stepping up to testify that they were tricked into texting 59925 and then not voting by his lame meme. If there were any, they might understandably be too humiliated to bear witness.

Curiously, the law he violated does not mention misinforming a person as a criterion for criminality.

A country that selectively prosecutes this sort of thing — can it be said to be free?

This is Common Sense. I’m Paul Jacob.


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education and schooling ideological culture

Don’t Tread on Jaiden

The Gadsden Flag: “Don’t Tread on Me” — it is many an American’s favorite flag, for it expresses a sentiment, the most American of political sentiments: resistance to tyranny.

Other flags, including the Stars and Stripes, are symbolic without being explicit.

What American could be against it? To oppose the Gadsden Flag is to oppose liberty!

But, these days, there are a lot of people who try to impugn the flag and the concept as being, I kid you not, “white supremacist” and “pro-​slavery.”

It’s absurd, of course. Slaves were tread upon. Those who demand not to be tread upon object to their own slavery. And, by extension, others’.

Tell that to the woke mob. 

And to public school administrators.

On Monday, a likely lad named Jaiden was removed from his class at Vanguard Elementary in Colorado Springs. He triggered his teacher with a patch on his backpack featuring the Gadsden. When his mother confronted the charter school’s administrator, recording the chat, the administrator defended the action on the usual woke grounds: its alleged “origins with slavery.” 

Oddly, not even the school rules gave grounds to remove him for it — even if it were “about slavery.” (To repeat: it’s about slavery’s opposite.)

I smell the stink of partisanship. Many teachers and administrators so object to some people who like the flag that they distort facts to enforce ideological conformity on students.

The story has a happy ending, though. Jaiden was exonerated, walking into school with the patch still visible.

To make the story better, however, the teachers and administrators who thought they could tread upon Jaiden should be severely reprimanded, if not fired outright. For violating his rights.

And for not knowing history.

Flunk ’em!

This is Common Sense. I’m Paul Jacob.


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general freedom international affairs national politics & policies

It’s a Date

“Do not mess with Taiwan before 2028,” Vivek Ramaswamy instructed translators to tell Chinese ruler Xi Jinping, “before the end of my first term, okay?”

Responding to a question from Hugh Hewitt on his radio program, Ramaswamy — the entrepreneur, author, and GOP presidential candidate — urged a “move from strategic ambiguity to strategic clarity.”

The right idea, I guess, just not elaborated in the clear-​thinking manner I have been hoping for.

You see, there was a “second part” to Ramaswamy’s foreign policy prescription. “That commitment is only as far as 2028,” he explained, “by which point I will have led the United States of America to achieve semiconductor independence, and we will not take the risk of war that risks Americans lives after that for some nationalistic dispute between China and Taiwan.”

“Some nationalistic dispute”?* Sure, between the democratic miracle of the last century and a genocidal totalitarian regime that claims it … along with claiming 90 percent of the South China Sea, the world’s busiest waterway.

A skeptical Hewitt heard Ramaswamy “saying ‘I will go to war, including attacking the Chinese mainland, if you attack before semiconductor independence. And afterwards, you can have Taiwan. So if you just wait until 2029, you may have Taiwan.’”

Let’s make the world safe for semiconductors! 

But … not for people? 

Ramaswamy’s transactional approach might make the Taiwanese feel less inclined to assist our efforts toward semiconductor independence. And what a terrible message to send other allies in the region! 

As the democratic countries of Asia and the world are stepping up and coming together to push back against Beijing’s belligerence, the U.S. ought not jeopardize this by suggesting more convenient dates for calendaring in future Chinazi invasions.

This is Common Sense. I’m Paul Jacob.


* From the interview, Ramaswamy appears ignorant of Taiwanese history; namely, the fact that the Nationalist Chinese forces that fled to the island in 1949, as well as their offspring, comprise a distinct minority of the island nation’s population. Meanwhile, the native Taiwanese had been under Japanese colonial rule for the previous fifty years and, prior to that, never completely under Chinese control.

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