Year: 2013

From the Comments: Islam’s “Violent Penchant”; Shooting Rampages and Stonings

Brandon Christensen Current Events , ,

Dr. Delacroix takes me to task over my dismissal of Islam’s inherently violent penchant. I think violence on grand scales, including war and terrorism, are always and everywhere a product of politics and institutions. Dr. Delacroix argues that Islam itself provokes violence. He writes:

A French citizen with a Muslim name goes on vacation to the tribal areas of Pakistan and to Afghanistan. Latter on he goes on a shooting rampage. The probabilities are such that he has to have sought his victims. The first set of victims were Muslim soldiers in the French army. Of course, for a jihadist such soldiers are traitors. The second set of victims were Jewish children and an adult in a Jewish school. You have to look for a Jewish school in France. I wouldn’t know how to find one. It’s not as if the killer wanted to kill children and then he went to as school that happened to be Jewish.

None of this means anything according to Brandon. Of course, this anecdote is only one of of several I presented in support of the idea that Islam has a violent penchant. Brandon dismisses “anecdotes” as evidence. He seems to say that if I had presented a thousand anecdotes, I would have accomplished nothing. I imagine he believes it’s enough to say “not so” for his negative thesis (no violent penchant) to be considered true.

Strange mental world!

I did not say anything about what is responsible for terrorism in the Middle East. I only took exception to a small statement of faith of Brandon’s in a larger development.

Why was the French citizen in Afghanistan and Pakistan? I ask because both states are in the middle of an international conflict (along with France, I might add). Continue reading →

Baby’s a Tuna, and It’s Feeling Blue

Fred Foldvary Current Events , , , , , , ,

Bluefin tuna are being hunted to extinction. They have already been reduced to a small fraction of the global numbers of a hundred ago. They may disappear from the Atlantic Ocean by 2012. The average weight of those caught has already been dropping. Other kinds of tuna and related fish are also being slaughtered, but the bluefish will be the first to go under.

Bluefin tuna are the genus Thunnus in the family Scombridae, with several species, among them Thunnus atlanticus (blackfin tuna), Thunnus orientalis (Pacific bluefin), and Thunnus thynnus (Northern bluefin).

The bluefin have a big problem: they taste very good. Tuna have been eaten for centuries. Indeed, the word “tuna” comes from ancient Greek. Canned tuna greatly increased the consumption, but what is finally terminating the bluefin is sushi. Four fifths of the bluefin tuna consumption is for sushi and sashimi. Sushi is seaweed-coated vinegar rice wrapped around a morsel of food such as raw fish, and sashimi is the raw fish by itself.

Bluefin tunas taste good because unlike most fish, they are homeothermic (warm blooded); they metabolize their temperature, like mammals and birds. With a higher body temperature than the surrounding cold water, tuna have a large ocean range. The warmth also enables tuna to swim fast (“tuna” in Greek means “to rush”), which enables them to catch more prey. So bluefin tuna grow up to a size of up to four meters. Continue reading →

Hugo Chavez, Fascist/Socialist (Same Thing) Dead at 58

Brandon Christensen Current Events , , , , , ,

Hugo Chavez, the portly, socialist dictator from Venezuela, died from cancer at the ripe old age of 58. My only lament is that I will probably never get to piss on his grave.

His rule was fairly typical for a Leftist regime: assaults on free speech and the free press, diminished civil liberties, picking and choosing winners and losers in the private sector, strong ties to the military, etc. etc. From the New York Times:

At the same time, he was determined to hold onto and enhance his power. He grew obsessed with changing Venezuela’s laws and regulations to ensure that he could be re-elected indefinitely and become, indeed, a caudillo, able to rule by decree at times. He stacked his government with generals, colonels and majors, drawing inspiration from the leftist military officers who ruled Peru and Panama in the 1970s.

[…]

He began describing his critics as “golpistas,” or putschists, while recasting his own failed 1992 coup as a patriotic uprising. He purged opponents from the national oil company, expropriated the land of others and imprisoned retired military officials who had dared to stand against him. The country’s political debate became increasingly poisonous, and it took its toll on the country.

Private investors, unhinged over Mr. Chávez’s nationalizations and expropriation threats, halted projects. Hundreds of thousands of scientists, doctors, entrepreneurs and others in the middle class left Venezuela, even as large numbers of immigrants from Haiti, China and Lebanon put down stakes here.

The homicide rate soared under his rule, turning Caracas into one of the world’s most dangerous cities. Armed gangs lorded over prisons, as they did in previous governments, challenging the state’s authority. Simple tasks, like transferring the title of a car, remained nightmarish odysseys eased only by paying bribes to churlish bureaucrats.

Other branches of government often bent to his will. He fired about 19,000 employees of Petróleos de Venezuela, the national oil company, in response to a strike in 2002 and 2003. In 2004, he stripped the Supreme Court of its autonomy. In legislative elections in 2010, his supporters preserved a majority in the National Assembly by gerrymandering.

All the while, Mr. Chávez rewrote the rule book on using the media to enhance his power. With “Aló Presidente” (“Hello, President”), his Sunday television program, he would speak to viewers in his booming voice for hours on end. His government ordered privately controlled television stations to broadcast his speeches.

Again, nothing too surprising here. This is what socialism will bring your society, every single time. It’s a conversation that doesn’t happen enough around the world.

What I find most surprising about his death is not that so few on the Left are willing to condemn him for his brutality (Leftists are – by and large – authoritarians who believe that the ends justify the means), but that so many Leftists really believed Chavez’s fascism represented a threat to US interests in the region.

Nothing could be further from the truth. For one thing, American policy in the region has changed markedly since the end of the Cold War. American interests in the region have largely faded into obscurity, even when it comes to the drug war (which should end tomorrow). Afghanistan, Mexico and West Africa and the Caribbean are the new fronts in the war on drugs, and overthrowing democratically-elected governments to prevent communism was sooooo 1980s. Nowadays Washington sees democratically-elected socialists coming to power as good for democracy, so long as the fascists don’t try to rewrite the rules to fit their fancies and eliminate democracy (like they’ve done in Honduras, Venezuela and, to a lesser extent, Argentina).

Chavez was nothing to Washington. Not even a pain in the ass. That uninformed Leftists continue to lie to themselves, and the like-minded tools they hang out with, should not surprise me, but alas…

Latin America has thrived since Washington has taken a softer, more respectable approach to the region. States that come under socialist influence – like Venezuela and Cuba – become pariahs on their own. Most of this has to do with the fact that militaries are involved in one way or another. Socialism has never come to power democratically.

I’m not too fond of memes, but here is one that often pops into my head when I read a Leftist’s defense of some dictator or other in some part of the world: Continue reading →

Rand Paul: Filibusterer Extraordinaire

Brandon Christensen Current Events, Liberty, Politics , ,

Rand Paul’s filibuster of John Brennan is now going on 8 hours.

Mr. Brennan thinks that the use of drone strikes to kill enemies of the republic is perfectly legal, even on American soil.

No word – yet – on whether Mr. Brennan thinks it would be perfectly legal for a Republican to use drone strikes to kill American citizens.

Making Whistle-Blowing Pay

Warren Gibson Current Events, Economics, Law, Politics , , , , , , , , ,

The federal bureaucracies are hard at work churning out rules to implement the Dodd-Frank financial “reform” act. In May the Securities and Exchange Commission announced rules for its new whistleblower program, which rewards individuals who provide the agency with “high-quality tips that lead to successful enforcement acts.”

The minimum amount of recovered funds that can earn a reward is $1 million, but the sky’s the limit on the upside. The whistleblower gets to keep 10 to 30 percent of the amount collected, including fines, interest, and disgorgement of ill-gotten gains. We’re talking about big game here, with awards conceivably topping $100 million.

Eric Havian, an attorney with a law firm that represents whistleblowers, noted in an interview with the San Francisco Chronicle’s Kathleen Pender that the securities laws cover a “huge category of bad conduct,” such as illegal insider trading, cooking the books, market manipulation, stock option back-dating, false or misleading disclosures, and the deceptive sales of securities. Almost anything potentially can be illegal, and these vaguely defined offenses leave much room for government mischief. As for insider trading, this is a practice that does little harm and may actually provide benefits to small investors. (See my January/February 2011 Freeman article, “Inside Insider Trading.”)

If corporations felt they needed limits on insider trading or other conduct to attract shareholders, they could write prohibitions into their bylaws so that violations, if not settled internally, could be remedied under civil law. Continue reading →

Origins of Terrorism in the Middle East

Brandon Christensen Books, History, Religion , , , , , ,

I just recently came across a very, very good book on the history of the Middle East. As far as theory goes, it is lacking, but it is readable enough that the intelligent layman can pick it up and learn new things from it. Written by historian Eugene Rogan, it’s titled The Arabs: A History and it has won numerous awards. Be sure to check it out. One new fact that I learned is that while terrorism as a tactic in the Middle East did not appear on the radar until the 1920s, it was undertaken on behalf of Jewish interests, not Muslim ones. Rogan explains:

The terrorists had achieved their first objective: they had forced the British to withdraw from Palestine. Though their methods were publicly denounced by the leaders of the Jewish Agency [the pre-state government], the Irgun and Lehi [terrorist organizations] had played a key role in removing a major impediment to Jewish statehood. By using terror tactics to achieve political objectives, they also set a dangerous precedent in Middle Eastern history-one that plagues the region down to the present day.

Now, I am not “blaming the Jews” for terrorism in the Middle East, nor is the historian. What I would like to do is point out that the theories and excuses about Islam’s violent penchant produced by Western analysts are horribly wrong. In a similar vein, Arab culture is not to blame for the violence in the region, either. Terrorism is entirely a product of politics.

What we have in the Middle East is simply a problem of statecraft. A conceptual turn away from cultural and religious explanations for the violence in the Middle East and towards one that looks at political and legal institutions and the economic consequences that arise from them would do wonders for the region (and the world). If we cannot even agree on the fundamentals of what is wrong with the Middle East institutionally, we sure as hell are not going to agree upon anything else. This goes for domestic and regional factions in the Middle East as well as for Western ones.

Israel exists. It is a state in the Middle East, and a highly successful one at that. This may well explain why terrorism has been used so often, as a political tactic, for almost a century in the Middle East. It also helps to explain – conceptually – why terrorist attack rates were so high in Sri Lanka until the defeat of the guerrilla insurgency a few years ago, and why Latin America has suffered from chronic terrorism. Arab culture and Islam, on the other hand, do not explain terrorism in other parts of the world. I see no reason why we should make an exception to the rule for terrorism in Middle East. This is an institutional problem, not a cultural one.

Aggressive Swimming Rabbits: Conservative Violence, Abortion

Jacques Delacroix History, Liberty, Politics ,

When he was President, Jimmy Carter reported that while he was hunting in some swamp, armed to the teeth of course, a rabbit had swam toward him and acted threateningly. (Would I make this up?) The current orchestrated media reports about violence and threats of all kinds against Democrats remind me of this glory moment in American liberal history.

Several black Representatives affirmed that they had be called “nigger” on Sunday. Today, as I write, almost four days later, I have been looking in vain for visual or audio evidence of this alleged episode. Let’s think things through: Tea Party activists are demonstrating outside Congress in their thousands against a bill that enrages much or most of the population. There is no hostile press, there are no mikes, there are no television cameras to record the historic event and the precious “n” moment? Among the thousands of counter-demonstrators, in the Congressmen’s entourage, there is no one with the presence of mind to whip out his cell-phone camera and recorder to catch the insults? What is this, 1958?

With each passing hour without evidence, I become more persuaded that the insults story was fabricated and disseminated by a supine and complicit media.

It’s like Pres. Carter’s rabbit story: It probably did not happen; if it did, it’s regrettable but insignificant. Somewhere between 50 and 70 million Americans are angry because of the contents of the law (those small parts of it they know), and even more angry because of the way it was passed. Under the circumstances, if only two, twenty, or two hundred of them allow themselves intemperate language, it’s a cause for celebrating our collective reasonableness. Continue reading →

Obama’s Haitian Policy

Jacques Delacroix History, Liberty, Religion , ,

A strange symmetry of irrationality and meanness in the news about Haiti: Pat Robertson declares that God is punishing the Haitians for their sins; two days latter, Denis Glover, the activist of all Leftist causes observes that the Haiti earthquake is somehow connected to the failure of the climate conference in Copenhagen. It turns out that Gaia is just as mean as God the Father! Why bother to switch, I wonder. I have been telling you, friends, for a long time that climate warmism is a cult.

I have cool thoughts about the human catastrophe in Haiti, almost inhumane thoughts. I suspect the Haitians will end up coping better than many others would have under the same terrible circumstances. The population is so damned poor that it’s trained to do with little. I worry about water mostly because humans can’t make do without it but for a short time.

Parallel reasons lead me to predict that the 2010 earthquake will turn out to be a blessing in disguise for the survivors. Port-au-Prince and the rest of the country were so dismal that it would be impossible to restore them to their former awfulness if you tried. It’s difficult to rebuild massive quantities of housing without accompanying infrastructures, including roads, water pipes, and sewers (which are almost lacking today). I am betting, of course, that there is going to be a serious international effort to “rebuild.”

Another uncharitable thought: I will be curious to see how the population of Haiti stacks up, in energy and in entrepreneurship, with the population of New-Orleans post-Katrina. In case, you wonder, my money is on the Haitians. Continue reading →

Sardines at Midnight

Warren Gibson Economics , , , , , , , , , ,

Sardines at midnight? If the mood should strike me, I can zip down to the local Safeway store here in Belmont, California, which is open 24/7, and be back with a can in 20 minutes. My biggest problem would be choosing from among Thai, Canadian, Polish, or Norwegian sardines packed in water, olive oil, tomato-basil, or soybean oil.

So what? It’s darn near a miracle, that’s what, and would seem so to most inhabitants of today’s world and everyone in yesterday’s world. Leonard Read’s phrase “The Miracle of the Market” was only a slight exaggeration. I won’t attempt to describe how markets miraculously motivate and coordinate the actions of the thousands of people who cooperate in providing me with sardines. Nobody can do that better than Leonard Read did in his classic “I, Pencil.” If for some reason you haven’t read it, stop now and do so.

The increased quantity and quality of the conveniences available to us are really amazing. We should stop to think about them from time to time, paying special attention to the incentives that brought them about.

I have vague memories of the Fisher Brothers grocery store where my mother took me around 1950. The place was tiny and the selection limited. Looking back, I wonder about its cleanliness: The owners kept sawdust on the floor to soak up spills. Later they built a supermarket that was much larger but still only a pale precursor of today’s Safeway. A mix of union coercion, government regulation, and perhaps just plain custom kept all supermarkets closed after six p.m. Monday through Saturday and all day Sunday. A working woman had to scramble to get her shopping done before closing time or join the mob on Saturday. Continue reading →

Justice for Bangladesh?

Brandon Christensen Current Events, Religion , ,

From the New York Times:

The year 1971 was seminal for Bangladesh. We had been denied our right to self-rule since the Indian subcontinent was partitioned in 1947. In March of ’71, the Pakistani military, supported by China and the United States, initiated a bloody suppression of 75 million Bangladeshis. Millions fled the murderous onslaught and sought refuge in India.

Militias affiliated with the Islamist party Jamaat-e-Islami collaborated with the Pakistani military. They informed on, hunted out, and participated in the rape, killing and torture of ordinary citizens. They targeted hundreds of intellectuals, who were killed in cold blood.

Bangladesh is one of the poorest states on the planet. Here’s why:

Bangladesh’s original Constitution had four basic principles: nationalism, democracy, socialism and secularism.

Can you guess what happened after independence? Go ahead: guess. Or just read the whole thing (it’s short).

As of now there are massive protests going on in Bangladesh calling for revenge. While I support justice, and the Bangladeshis have suffered innumerable injustices over the past five decades, I don’t think calls for blood bodes well for the rule of law.

In other, more local, news here is a good account of the shootout that recently happened in Santa Cruz. I’m going to turn in my guns tomorrow.

The Tragedies of Haiti

Fred Foldvary History ,

The greatest tragedy of the earthquake of 12 January 2010 in Haiti was that the devastation was caused more by human failure than the natural disaster. The earthquake that hit the San Francisco Bay Area in 1989 was about as strong, causing the Bay Bridge to break, but killed only 63 people.

Before the Spanish came, the island of Hispaniola had been divided into chiefdoms, and the two western ones, Jaragua and Marien, became Haiti. Haiti’s first tragedy began with the arrival of the Spanish, who sickened, enslaved and killed off the native Taino Indians.

The second tragedy of Haiti was the importation of African slaves by the Spanish. French pirates and colonists cam to Haiti, The Treaty of Ryswick of 1697 split Hispaniola between Spain and France. Many more French settlers arrived and established plantations producing sugar, coffee, and indigo with slave labor.

A slave rebellion, inspired by the ideals of the French Revolution, fought the French government from 1791 to 1803. The liberated armies were commanded by General Toussaint L’Ouverture. The French National Assembly abolished slavery in the French colonies in 1794, but later Napoleon sent troops to regain French control. Continue reading →

Shoot the Shorts

Warren Gibson Economics, Law , , , , ,

European bank stocks have dropped sharply in recent days, presumably because they hold large amounts of shaky debt issued by the governments of Greece, Portugal, Spain, Ireland and Italy.  Several European governments have found someone to blame for their financial problems, and their target is that perennial favorite, speculators. And not just any old speculators, but the darkest of that shady lot, short sellers. Short sales of major European bank stocks are banned for a period of time so that traders can’t spread false rumors and trigger a downward spiral in these stocks.

(To sell short means to sell borrowed stock in the hope that the price will decline.  If the stock does fall, sellers buy the shares cheaply, return them to their original owner, and pocket the cash difference.  If the shares rise instead, short sellers have to pay a high price and suffer a loss.  When a number of short sellers cover their positions out of  fear of rising prices, it’s called a short-covering rally.)

What a dreary and stupid move the Europeans have made. They might have learned from the ban instituted in 2008 by U.S. authorities, which accomplished nothing.

Real Fears

There is good reason to fear for the European banks – the problems with European sovereign debt are evident.  Rumors are hardly necessary when the banks’ exposure is well known.  And if false negative rumors justify intervention, what about false positive rumors? Why not ban purchases of stocks when the all-knowing regulators determine they were boosted by bullish rumors? Continue reading →

Scotland and Secession

Brandon Christensen Current Events, Links , , , , , , , , ,

From the New York Times:

Scotland would have to renegotiate membership in the European Union and other international organizations if it votes for independence in a referendum next year, according to legal advice expected to be published Monday by the British government.

Read the whole thing.

A couple of thoughts:

  1. Wow, the British government published a report on the possibility of secession. Can you imagine Washington ever doing something so outside the box?
  2. The rest of the analysis falls in line nicely with my own arguments (if I do say so myself!) that secession/devolution will only succeed in Europe (or elsewhere) if the new states are allowed into the EU (or other regional and international bodies not named the UN).

The Labor Theory of Value

Brandon Christensen Economics, History, Religion ,

From Stanford’s Encyclopedia of Philosophy entry on Karl Marx:

Suppose that such commodities take four hours to produce. Thus the first four hours of the working day is spent on producing value equivalent to the value of the wages the worker will be paid. This is known as necessary labour. Any work the worker does above this is known as surplus labour, producing surplus value for the capitalist. Surplus value, according to Marx, is the source of all profit. In Marx’s analysis labour power is the only commodity which can produce more value than it is worth, and for this reason it is known as variable capital. Other commodities simply pass their value on to the finished commodities, but do not create any extra value. They are known as constant capital. Profit, then, is the result of the labour performed by the worker beyond that necessary to create the value of his or her wages. This is the surplus value theory of profit.

Read how Marx got this wrong here.

There is more:

Although Marx’s economic analysis is based on the discredited labour theory of value, there are elements of his theory that remain of worth. The Cambridge economist Joan Robinson, in An Essay on Marxian Economics, picked out two aspects of particular note. First, Marx’s refusal to accept that capitalism involves a harmony of interests between worker and capitalist, replacing this with a class based analysis of the worker’s struggle for better wages and conditions of work, versus the capitalist’s drive for ever greater profits. Second, Marx’s denial that there is any long-run tendency to equilibrium in the market, and his descriptions of mechanisms which underlie the trade-cycle of boom and bust. Both provide a salutary corrective to aspects of orthodox economic theory.

Your thoughts please.

No Tax Favors for Government Employees

Fred Foldvary Politics

There should be no tax favors for the employees of governments. Tax breaks for “public service” amounts to a tax-free increase in their wages, which does not show up in the government’s budget. It is not just sneaky and unfair; it implements a political bias for government and against private enterprise.

In his “State of the Union” address, President Obama advocated debt forgiveness for students who obtain loans and then spend ten years as government employees. This is an expansion of debt cancellation programs that already exist. The College Cost Reduction Act, implemented in 2009, but enacted under President Bush, provides that loans backed by federal guarantees are forgiven after 10 years of public service in government as well as in nonprofit organizations. That program does not include private loans.

If the citizens wish to raise the wages of government employees, they should just do this by raising their money wage, rather than doing this implicitly with tax-free debt cancellations. But many government employees are already overpaid, as they not only get equal or better money wages than those in private enterprise, they often get early retirement and pensions almost the size of their salaries. Many states such as California have chronic large budget deficits because of the high cost of government employees.

What is superior about government work that entitles employees of the state special favors? Are they better people? Is government service intrinsically better than private-sector service? The term “public service” implies that government workers serve the public whereas those in private industry serve just themselves. Continue reading →