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meme nannyism national politics & policies too much government

“Regulation” should not be confused with “rule of law”

A “rule of law” is based on general principles, and makes room for — or, better yet, is based upon — the protection of individual rights.

It used to be common to say, “a rule of law, not of men”; it was even as common in political oratory as was spouted out over drinks at the Rotary. But as the modern Regulatory State has grown in scope and power, most folks seem to have lost track of the notion. It is now not even a cliché. Few even of our most educated folks can explain this idea. Vast swaths of the mis-​educated public appear not to “get” the idea of limiting government to the enforcement of a few general principles; instead, they cry for more “regulations” (along with additional spending and maybe even a whole new division of the executive government) every time a crisis, tragedy or atrocity occurs.

So we are left with a political culture in which the words of Tacitus seem to a majority as implausible at best, evil at worst: “The more the laws, the more corrupt the State.” Contrary to today’s trendy prejudice, we do not need “more laws” — edicts legislated by representatives, or regulations concocted by bureaucracies — we need Law.

As in, “a rule of Law.”


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regulations, rule of law, control, bureaucracy, law, meme, Common Sense, Paul Jacob, Jim Gill

 

Categories
meme nannyism too much government

The Meaning of “Liberal”

Once upon a time “liberal” meant opposition to authority.

Now “liberal” means the worship of government.

Do you see the problem here?


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The Meaning of "Liberal"

 

Categories
folly free trade & free markets general freedom meme national politics & policies

Robert Reich, Mythed Up

Consumer sovereignty is the idea that in markets consumers call the shots. In capitalism, most mass production is indeed for the masses, and the masses have a big say in what gets done. All profits and wages of successful businesses come from consumers.

But don’t take this too far.

Consumers don’t “create jobs,” for example.

Recently, Clinton-​era Labor Secretary Robert Reich has been floating this bizarre notion. To his Facebook audience, last month, he wrote that it is a myth that “the ‘job creators’ are CEOs, corporations, and the rich, whose taxes must be low in order to induce them to create more jobs.

Rubbish. The real job creators are the vast middle class and the poor, whose spending induces businesses to create jobs. That is why raising the minimum wage, extending overtime protection, enlarging the Earned Income Tax Credit, and reducing middle-​class taxes are all necessary.”

So, we have people in roles of “producers” and “consumers,” and it is the consumers who “create jobs”? And they do this by “inducing” businesses to, wait, uh, “create jobs”?

Face it: businesses create jobs — out of capital from somebody’s invested savings. Entrepreneurs brace themselves to take big risks, fronting workers’ wages as well as hiring and purchasing capital goods and material.

Before a penny is spent by consumers.

Only when entrepreneurs guess right does the flow of money come full circle.

Reich repeated his quasi-​Keynesian rap yesterday: it’s spending consumers who “get businesses to expand and hire.”

Truth is, Reich doesn’t “get” basic economics. But he does understand political equations, which is why folks on the Democratic left think he’s a genius.

This is Common Sense. I’m Paul Jacob.


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Robert Reich Doublespeak

 

Categories
general freedom meme national politics & policies too much government

Over-​Feed At Your Own Risk!

Caution: Do Not Over-​Feed Government!


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CAUTION_DontOverFeed

 

Categories
education and schooling ideological culture meme too much government

The Ignorance of Experts

Richard Phillips Feynman May 11, 1918 – February 15, 1988) was an American theoretical physicist known for his work in the path integral formulation of quantum mechanics, the theory of quantum electrodynamics, and the physics of the superfluidity of supercooled liquid helium, as well as in particle physics for which he proposed the parton model. For his contributions to the development of quantum electrodynamics, Feynman, jointly with Julian Schwinger and Sin-​Itiro Tomonaga, received the Nobel Prize in Physics in 1965.

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“Science is the belief in the ignorance of experts.”

—Richard Feynman

(address “What is Science?”, presented at the fifteenth annual meeting of the National Science Teachers Association, in New York City (1966), published in The Physics Teacher, volume 7, issue 6 (1969), p. 313 – 320)

 

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meme

“Settled Science”

Sir Karl Raimund Popper  (28 July 1902 – 17 September 1994) was an Austrian-​British philosopher and professor. He is generally regarded as one of the greatest philosophers of science of the 20th century.


“The game of science is, in principle, without end. He who decides one day that scientific statements do not call for any further test, and that they can be regarded as finallyverified, retires from the game.”

—Karl Popper, The Logic of Scientific Discovery