Topic: Philosophy & Politics
Graduated benefits
While writing a blog piece on the Establishment, I wanted to include statistics for the number of MPs, civil servants etc. who graduated from Oxbridge, Russell Group or any university, and how the subjects they studied compared with the…
The worst form of government
An anti-democratic mini-meme developed amongst some of my liberal friends in the build-up to the EU referendum. For some people, democracy is a virtue and governance structures that provide more direct democratic accountability are…
Talking Balls
Is Ed Balls a knave or a fool? On Newsnight, he just compared eliminating the deficit in four years to paying down a mortgage in short order. Let's consider the form that analogy should take if it were to reflect reality. Having engaged in…
Wet or dry
I'm feeling a little damp. Or at least, feeling like I look a little damp to others. I've found myself on what many would perceive as the more moderate, centrist side of the argument several times recently. I think I'm a “fractional…
Plus ça change
Maybe they really were the good times. The last few years didn't feel like it, but at least the Government was subtle enough in its winner-picking that I would have to explain how its targeted measures were really supporting losers. Now…
Good plumbers and bad bankers
You may be interested in an article of mine at the Cobden Centre website. Received wisdom is that governments should try to ameliorate the impact of the economic crisis by setting interest rates artificially low and penalising prudence. The…
The Role of Law
Sometimes you find an error in a book so early and brazen that you barely feel the need to read further, and if you do, everything after that is diminished by the awareness of the author's bias or irrationality. A classic example is Marx's…
The aggregative delusion
On -Question Time- tonight, there was yet more discontent with the politicians* claiming that "the people had voted for a hung parliament". It is becoming a well-trodden but sterile debate for most non-politicians to point out that none of…
Back in harness
I should have explained sooner the latest sustained silence on this site. Frustrated by the dishonesty of all the main parties with regard to the economic challenges that we face, we formed a new political party (Freedom & Responsibility…
Why liberals lose
I have been lucky enough to be involved in several discussions recently in small, ostensibly-liberal* groups including some leading figures in public life and other fields. They were all private gatherings, and some were under Chatham-House…
A Christmas thought
I think we in secular society are missing God. Too many people have an inflated estimation of human understanding, power and impact. They think that our economic activity can be understood and controlled to everyone's benefit by a few…
The biter bit
In this week's MoneyWeek (best economic journal out there at the moment), an article by Simon Wilson on the risk of a "City exodus", prompted by Darling's special bankers' bonus levy, included the following sentence: -"The confusion over…
Schumpeter wins, we lose
I've been angry for years about the level of economic ignorance amongst politicians, civil servants, journalists, financial professionals, intellectuals, the public, and, above all, the mainstream economics profession. Though every…
Attack or surrender in the battle of ideas
In the long run, it's ideas that matter. And they aren't all equal. Truth is not subjective, and neither are right and wrong. Political tactics and novelty may seem all-important to the chattering class, but expedient can never make wrong…
The remorseless decline of tribal socialism
My copy of Dan Hannan and Douglas Carswell's book, The Plan, arrived today. Haven't read much yet and don't agree with all that I've read, but all the same, if you haven't got a copy, you should. It's well worth the read, and more right…
Growth
Many of the more delusional, socialist contributors to the Claverton Energy group of energy fantasists (as I labelled them previously to their founder member's apparent offence) are persistently and vehemently opposed to "growth". See, for…
Wind in the sails of our patronage state
According to the Guardian: -"The government will today demonstrate its willingness to exert influence over Royal Bank of Scotland and Lloyds Banking Group by announcing £1bn of lending to wind farm developers whose schemes have been…
Jury Trial
Just a quick follow up to my post on the Jury Team. It seems the British public have no more taste than I do for people who stand for everything and nothing. At a time when independents should benefit, and the Jury Team had had a fair…
Finishing the job
Staying to "finish the job" has become the favourite excuse for failures clinging limpet-like to their jobs. Alistair Darling and Gordon Brown have both used the excuse in the last couple of days. And many of our failed bankers and other…
A parliament swept clean of ideas and principles
Something is starting to bother me about the MPs' expenses scandal. I do not defend those MPs who have taken advantage of the lax rules that they instituted. They should go. But it is starting to feel to me that, for most people, this is…
Freedom and Responsibility
I recently heard a former central banker (not British) tell the story of a conversation he had with a Non-Exec Director of a bank, who had formerly worked for their government's finance department. The central banker asked the Non-Exec if…
All shall have prizes
Just came across this lottery-funded scheme: You'd think, with a name like that, this would be a spoof, or at least an ironic reference. But apparently not. They appear to be "serious". Is this the apogee of the New Labour philosophy?
Replacing the state with charity and community action
This is a mantra of the right. Martin Vander Weyer voiced a fairly standard version in today's Sunday Telegraph: -Those reductions of state provision will be met in part by a reinvigorated voluntary sector, to which the retired and unjobbed…
Government auctions - good or bad?
I have been having a debate with Paul Lockett on Tim Worstall's site, which I have found very interesting and illuminating. The topic was the TPA's green-tax-calculator, and what it said about costs of carbon in this country. I claimed that…
Dollar or Euro votes?
Noticed this poster at a tube station today: My immediate thought was: none of your bloody business. (After a moment's additional thought, perhaps I should moderate that to: none of your bloody business between the two on the right, and…
More political funding from Gordon's Investment Bank
£150m (almost half the total cost of the scheme) for the M80 PFI scheme in Scotland £500m as a starter for the M25 widening, with possibly more to come. It is not clear how these projects meet the EIB's objectives, but very clear how they…
From this week's MoneyWeek...
Good call. Indeed. Heavily over-priced at that.
Government ≠ Country
Alistair Darling, explaining that the downside of reduced bonuses in the City is reduced tax revenues, said (on the Andrew Marr show this morning): -"that's why our income as a country has gone down"-. No Alistair. That's why your income as…
'There's no shame in going to the IMF'. Oh really?
What does it mean if a government has to go to the IMF for funds? The government couldn't run a balanced budget. The economic outlook was so poor that there was little prospect of the budget coming back into balance over a reasonable…
McKillop vs Myners
Much too late, but I had to get it off my chest... Why do all the journalists and opposition politicians seem simply to have accepted Tom McKillop's version of his discussions with Lord Myners about Fred Goodwin's pension? One of them is…
What to do about MPs' expenses:
Besides each candidate's name on the ballot paper should be their declared annual budget. The successful candidate's budget will be raised from local taxes. There will not be any indexing. There will not be any expenses or other allowances…
Tax sovereignty
Tim Worstall covers the efforts by Dan Mitchell to persuade the American government to step back from its efforts to clamp down on tax havens. This is picked up and expanded at Sounds in the Hickory Wind (nice blog, added to the blog roll…
What do we mean by bureaucracy and red-tape?
It occurred to me, as I wrote the last post, that we have a problem with terminology. I am sure I have been as guilty as David Cameron of lazily attacking bureaucracy. And attacks on red-tape are commonplace amongst the right. But the left…
Has Brown united the country?
Plenty of people hated Maggie, but plenty of people admired her too. Jim Callaghan and John Major may have been failures, but this was tempered by a sense that they were decent men trying, however ineffectually, to do the right thing. When…
Time-travelling economics
BBC journalists were reporting last night that Gordon Brown, who is apparently an avid student of history, was explaining how it was important to reach agreement at the G20 on a broad, fiscal stimulus, or it would be like 1933, when failure…
Government "achievement"
We know that what follows is typical of how they see the world, but rarely do we see it spelt out so clearly. In the recently issued consultation on a Heat and Energy Saving Strategy, the Government details (p.13) "What we have already…
Name our Tea Party
There is a movement developing in the States to send tea-bags to senior Democrats (including the President) and to hold local "Tea Parties", in reference to the Boston Tea Party, in objection to the massive Obama programme of bail-outs and…
The Jury Team
Sir Paul Judge was on Andrew Marr's show this morning, promoting his new party of independents, the Jury Team. I have posted the following on their website: -If I vote for my local Jury Team/Independent candidate at the next election, what…
Scottish pots and Swiss kettles
Gordon Brown wants us to make a mental connection in some way between our financial troubles and the competitive tax regimes in countries like Switzerland. I have just come back from Switzerland, where we are looking at investing. The…
"Do nothing" conservatives
We might have done nothing. That would have been utter ruin. Instead we met the situation with proposals to private business and to Congress of the most gigantic program of economic defense and counterattack ever evolved in the history of…
British bullshit for British voters
The latest spate of humbug surrounded the "British Jobs for British Workers" strikes. Even the application of the term "strike" was a piece of humbug. The protesters didn't work there, so how could they go on strike? This was secondary…
Fixing the energy market
The Institute for Paternalism, Protectionism and Regulation today published a report on Energy Security. It is, in the most part, a rehashing of received wisdom, without understanding or insight, but one phrase in the Executive Summary…
Centrist politics - stealing or sharing clothes?
Andrew Pierce, Assistant Editor of the Telegraph, reviewing PMQs on Radio 5Live today, was laughing at how Brown had once again stolen the Tories' clothes (this time, on border police), leaving Cameron "standing naked at the dispatch box…
Mises vs Rothbard
In 2002, Pat Gunning wrote a paper (How to Be a Value Free Advocate of Laissez Faire: Ludwig von Mises's Solution), criticising Murray N Rothbard's criticism of Ludwig von Mises's advocacy of laissez-faire policy whilst maintaining a…
Gordon's subtle corruption of our freedom
There are many things in Gordon Brown's statement of constitutional issues to be developed by his Government, The Governance of Britain, that are more dangerous than the flying of the Union Flag. For instance, take the statement that one of…
The Government gets gold (Tories silver)
The results are in. As expected, the Government has won Gold, while the Conservatives have had to settle for Silver (Gilt). It's a creditable performance, but not quite competitive. Close, but no banana - is this a taste of things to come…
Time for an SDP moment
The tensions that have been festering in the Conservative Party since the end of Dave Cameron's brief honeymoon (and, indeed, much longer than that) are breaking out into open sores (again), following the unfortunate coincidence of Tory…
Big Business Council for Britain
Life just got worse for the little guy. Gordon has always believed that "business" = "the major corporates and City institutions". His understanding of the impact of his policies, and therefore the policies themselves, have been conditioned…
Legacies
JG has posted on the subject of Tony's legacy. This post started as a comment, and grew so large that I decided to post it separately. I must see things through an inverting lens. Reagan: Never a buffoon in the eyes of those old enough to…
Howard Davies, Europe, Brown and the politicization of our institutions
Howard Davies is reported in Le Figaro as saying: "On Europe, we do not yet know if Sarkozy is a friend or an enemy.... Selling the Brussels result will be arduous for Brown… It is crucial for him that Sarkozy continues to defend the idea…
Sarkozy, The Constitution and Free Markets
Some people claim that Nicolas Sarkozy is France's Margaret Thatcher. Yeah, right. To quote from the BBC report: "A reference to 'free and undistorted competition' was pulled from the draft [Treaty that isn't the Constitutional Treaty…
Do the LibDems know what "liberal" means?
Iain Dale has demolished in a few short words Ming Campbell's proposal to abuse local-authority powers to get more social housing built, so effectively that even the LibDem NorfolkBlogger agrees with him. This has provoked an…
Hypochondria or misdiagnosis?
The new Bagehot at The Economist, recently returned from a posting to a "harsh, cold country", thinks that those of us who claim Britain is going to the dogs are hypochondriacs. I have sent the following letter in reply: Sir, In 1980, the…
Key prejudices
There is a marvellous booklet, published by the Social Affairs Unit in 2000, called the Dictionary of Dangerous Words. It contains modern definitions, provided by many great thinkers and Oliver Letwin, of words "which once meant something…
Global citizens
Just lent my copy of P.J.O'Rourke's -Give War A Chance- to a friend, so decided to replace my lost copies of -Eat The Rich- and -Parliament of Whores-, to re-read them (and extract a few quotes for this site in the process). Went into the…
International disinterestedness
What do the following have in common? The top 16 in the Eurovision Song Contest consist of 14 former communist-block countries, plus Greece and Turkey. As usual, regional block-voting dominated the outcome. Zimbabwe was elected to head the…
The big Tory idea
Fascinating briefing by Peter Riddell in today's Times on the ideas of Oliver Letwin. Of course, Riddell is limited by the space constraints of newspaper reporting. On the one hand, he could have got by with a lot less space, if he had…
Another day, another regret
More bitter experience. More unfinished business. LP has pointed out The Guardian article in which Lord Falconer declares that Tony Blair has "big regrets" about not tackling the culture of public-service provision earlier. "I don't think…
The Project, Phase 2
Forget the legacy and the lecture circuit. Tony Blair has no intention of retiring from the front-line, nor even of being a good back-seat driver. He is preparing for the next phase of his political career, not for life after politics. How…
Reform of party-funding - all yours for £13.50
In a move that is almost beyond parody, Sir Hayden Phillips - the man who thinks our political parties would be cheap at £25,000,000 a year - thinks £13.50 is good value to tell us what good value the parties are. That's what a copy of his…
Post-rational
Charles N. Steele wrote a funny little comment on Hot Coffee Girl's blog a while back, about not defining oneself as a "non-smoker". Recent encounters with various pseudo-intellectual movements defining themselves as post-this or post-that…