President Condemns Price Gougers, Dealers Raided

On one sunny August 16, at a time of high price inflation, government operatives announced the seizure of millions of eggs and 200,000 pounds of sugar. Raids on the larders of other suspected profiteers continued for weeks thereafter … The government was prepared to return these items to their owners once the chastened profiteers agreed to sell them at a “reasonable” price and under the watchful eye of a government officer.

The official in charge of the raids explained thusly: “I am one of those who believe that a large part of the high cost of living is due to the fact that a number of unconscionable men in the ranks of the dealers have taken advantage … If we can make a few conspicuous examples of gougers and give the widest sort of publicity to the fact that such gougers have been and will be punished, in the future there will be little inclination to profiteer in this country.”

Earlier, the President of the Republic had laid the blame for a lesser bout of price inflation squarely at the feet of gouging businessmen: “The high cost of living is arranged by private understanding” is how he put it.

By now you may have guessed that I am talking about present-day Venezuela, its Presidente, and his henchmen. You would have guessed wrong. The year was 1919, Woodrow Wilson was president, and his henchman, quoted above, was Attorney General A. Mitchell Palmer. The high cost of living was a result of Mr. Wilson’s war, which was financed partly by money printing, as well as the absorption of vast quantities of real goods and services by the government for use in fighting the war. The obvious effect of more money chasing a reduced supply of goods and services was price inflation, and that same phenomenon happened in all the warring countries, most notably France.

This episode provides one of many reasons, too numerous to elaborate here, why Woodrow Wilson is properly called a proto-fascist and why he is a serious contender for the dubious honor of worst-ever U.S. president. For more, see Jim Powell’s, “Wilson’s War: How Woodrow Wilson’s Great Blunder Led to Hitler, Lenin, Stalin, and World War II.

The first three paragraphs above are paraphrased from p. 24 of James Grant’s new book, “The Forgotten Depression.” Though I have not finished the book, I couldn’t resist sharing this tidbit. The gist of Grant’s thesis can be seen in its subtitle, “1921: the Crash that Cured Itself.” Highly recommended, so far.

Dr van de Haar’s new book is now available online

You can check it out at amazon here, and the official release date is in April 2015. It’s called Degrees of Freedom: Liberal Political Philosophy and Ideology. I haven’t read it yet (maybe he’ll send me a free copy!), but you can get a flavor of his thinking by starting here (and his bio is here, by the way). His book can also be found on the sidebar.

I’m sure he’ll be adding some more insights into the book here at NOL when he gets a bit more free time on his hands.

 

EDIT: Updated to mention the official release date.

From the Comments: Delacroix’s New Book, Kindle, and the Android App

I don’t do Kindle. I’m an old-fashioned bastard (and Delacroix was kind enough to send me a paperback copy of I Used to Be French…), but here is Dr Amburgey explaining how people without a Kindle can still read the book electronically:

A quick note. The ebook version of Jacques’ book is for Kindles. However there is a free Kindle app available for Android devices. So even if you don’t have a Kindle [like me] you can still purchase it at Amazon for a paltry $7 [like me] and download it for reading on an Android phone or tablet.

The book is awesome.

The book is indeed awesome (although I’ve only read a little less than a quarter so far). Maybe I can entice Dr A to write up a review for NOL. In the mean time, you can still get a paperback copy of Delacroix’s book by emailing iusedtobefrench@gmail.com. You can get the electronic version at Amazon here.

Stephen Cox Reviews Delacroix’s New Book

From the pages of Liberty:

Another book that I’ve enjoyed, and I don’t want other people to miss, is a work by Jacques Delacroix, who has contributed frequently to [Liberty‘s] pages. In this case, you can tell a book by its cover, because the cover of Delacroix’s book bears the title I Used to Be French. Here is the cultural biography — cultural in the broadest sense — of a man who became an American, and an American of the classic kind: ingenuous, daring, engaging, funny, and again, curious about everything in the world. Whether the author began with these characteristics, I don’t know, but he has them now; and what you see in the book is someone learning, as he moves from France to America and from mid-century to the present, that “American” is the best name for his own best qualities.

It takes literary skill to project a many-sided personality; and the strange thing is that it takes even more skill to project the differences we all feel between American culture (bad or good) and French — or any other European — culture (bad or good). We feel those differences, but when we try to describe them we usually get ourselves lost in generalizations. Delacroix doesn’t. He has a taste for the pungent episode, the memorable anecdote. He also displays two of the best qualities of which a good author, American or French, can ever be possessed: an exact knowledge of formal language and an intimate and loving acquaintance with the colloquial tongue.

Sampling Delacroix’s topics, one finds authoritarianism, Catholicism, Catholic iconography, the Cold War, communism, diving, driving, the end of the Middle Ages, existentialism, food, French borrowings from English, the French navy (being in it), getting arrested, grunion, jazz, Levis, lovemaking, Muslims, the People’s Republic of Santa Cruz, political correctness, the Third World in its many forms. . . . Most (even grunion) are topics that a lesser author would inevitably get himself stuck to, but Delacroix romps through them all. If you want a loftier metaphor, you can say that they (even the grunion) are jewels strung on the book’s central story, as sketched in the summary on the back cover: “A boy grows up in the distant, half-imaginary continent of post-World War II France. Bad behavior and good luck will eventually carry him to California where he will find redemption.” And a lot of fun, for both the reader and himself.

Dr Cox is a Professor of Literature at UC San Diego. Be sure to check out Peter Miller’s review of Delacroix’s book as well (Dr Miller is also a sociologist and artist). EDIT (10/2/14): You can order I Used to Be French… from Dr J himself by sending an email to iusedtobefrench@gmail.com.

I just worked my last day as a day laborer for a stone mason crew in Utah today. I’ll be on the road again, headed more or less toward Seattle, but will be contributing to the blog a bit more often (unless I can convince my co-bloggers to start producing much more material, which would make me more than content to sit back and troll the ‘comments’ threads).

PS: Did anybody see the UCLA-Arizona State game? Wow. Pac-12 football at its finest baby! It will be unfortunate if the championship game does not have a west coast representative. The country deserves better, although I think the new playoff system will ensure that the brutal Pac-12 season doesn’t eliminate the best teams simply because they have all lost one game to another championship contender. The west coast isn’t the SEC. We play hard games, week in week out.

Finding Books in Cuba

Guillermo’s recent post has inspired me. Here:

I spent the next couple of days walking the streets of Havana, not only looking for Yoss’ bookseller friend but also finding other antiquarian bookstores and book stands that might have copies of de Rojas’s Espiral, Una leyenda del futuro, and El año 200. I could only put my hands on an old copy of the second one. I called Yoss again and asked for help. I also invited him out again, this time to the hotel’s tourist bar.

Cuba has two economies with their own currencies; one is for its citizens, the majority of whom live quite modestly, and the other is for tourists. Cubans aren’t welcome in the tourist establishments unless someone brings them in.

That was Yoss’s case. The bouncers at the hotel door stopped him flat, saying wearing a vest without a shirt wasn’t appropriate. I needed to go find him and say he was my guest. The bouncers complied.

It was on this occasion when Yoss gave me details about the Cuban Sci-Fi tradition. He told me it dated back to before the Communist regime but that it had flourished in the seventies as a result of the cultural exchange the country had with Russia and the Soviet Bloc.

Read the rest. It’s by Ilan Stavans, a Professor of Latin American and Latino Culture at Amherst College. It comes as no surprise to readers here, I’m sure, that books are hard to find in Cuba (and science fiction books at that!). I have just three comments. First, notice that cultural exchange was responsible for the introduction of something new. Second, be sure to check out the photos of Yoss. He sports a t-shirt with the Batman logo in one pic, and a t-shirt with the Punisher logo in another. (The Punisher is a bad ass Marvel Comics character.) Lastly, the author could not help but insult US culture (of which he is a part of).

Un autre livre.

J’ai une nouveau livre sur Amazon, en Français celui-ci:

“Les pumas de grande-banlieue: histoires d’émigration.”

Il existe seulement en version électronique pour le moment, en attendant qu’un grand éditeur parisien me découvre enfin.

Voici les liens qui y amènent:

En France:
http://www.amazon.fr/gp/product/B00NI2PCGO

Aux Etats-Unis

Riding Coach Through Atlas Shrugged: Part 4 – Governor’s Ball

Pages 48 – 53

Chapter Summary – A group of industrialists sit around a shadowy table plotting the downfall of our favorite rugged individualist.

[Part 3]

I love how cliché this chapter is. Four figures sitting around a table, their faces shrouded in darkness as they scheme over the fate of the world, the sycophant politician sniveling his consent to their plans. This is one of those times where I am not quite sure if the fiction created the trope or the fiction is following the trope but it is okay either way, it is delightful to read.

We have at our table:

James Taggert: Who is far less whiny when not in the presence of his sister.

Orren Boyle: Our socialist-industrialist representative in the story.

Wesley Mouch: Our aforementioned politician, in the pay of Hank Rearden but in the pocket of Orren Boyle.

And finally –

Paul Larkin: The man at Rearden’s dinner party last chapter.

Essentially they spend the chapter plotting against Hank Rearden and promoting a philosophy of non-competition among businesses. From a historical standpoint this is essentially what happened with Hoover and the industrialists leading up to the great depression. A series of price and wage controls were set up that distorted normal market activity leading to the boom-and-bust cycle as described by Ludwig von Mises. As a side-note it is an interesting historical misconception that Hoover “did nothing” during the great depression. Hoover was arguably the most meddling president up to that point in regards to the economy except perhaps for Abraham Lincoln, but total economic warfare is hard to beat.

But to get back on track here, for what it lacks in literary creativity this chapter makes up for with pure economic and political insight that is delightful to read. The most illuminating part is a speech, or perhaps rant, by Orren Boyle that goes as follows, some of Taggert’s responses are edited out for brevity:

“Listen Jim…” He began heavily.

“Jim, you will agree, I’m sure, that there’s nothing more destructive than a monopoly.”

“Yes.” Said Taggart, “on the one hand. On the other, theres the blight of unbridled competition.”

“That’s true. That’s very true. The proper course is always, in my opinion, in the middle. So it is, I think, the duty of society to snip the extremes, now isn’t it.”

“Yes,” said Taggart, “it isn’t fair.”

“Most of us don’t own iron mines: How can we compete with a man who’s got a corner on God’s natural resources? Is it any wonder that he can always deliver steel, while we have to struggle and wait and lose our customers and go out of business? Is it in the public interest to let one man destroy an entire industry?”

“No,” said Taggart, “it isn’t.”

“It seems to me that the national policy ought to be aimed at the objective of giving everybody a chance at his fair share of iron ore, with a view towards the preservation of the industry as a whole. Don’t you think so?”

“I think so.”

This exchange is a fantastic summary of the process involved when the government gives special privileges to favored industries under the guise of regulation. Essentially Rearden is out-competing his fellow steel producers and since they cannot compete under market conditions they intend to compete politically by ham-stringing his business through the legal process.

This process has happened time and time again throughout history and the ironic part is that these actions have almost universally been heralded as “anti-business” when in fact it is the businesses itself that propose this regulation. The first anti-monopoly laws in America were lobbied for by the competitors of the successful oil, rail, and steel businesses which resulted in the *rise* in prices of those goods. It seemed the “natural” monopolies were pro-consumer while the regulation was pro-business.

There are also historical comparisons to be made to the great depression. The whole concept of “protecting an industry” at the expense of a single, productive, individual was the cornerstone of “Hoover-nomics” especially in the farm industry. The industrial revolution brought about a massive increase in farming productivity which naturally led to a decline in prices and a surplus of labor in that industry that came to a head during the “dirty thirties”.

The natural course of the market would be for inefficient firms in that industry to liquidate; with the entrepreneurs and workforce moving to other industries. This would cause a short period of transitional unemployment as workers moved into similar or growing industries while the more efficient firms and prospective entrepreneurs would buy the liquidated capital goods of the inefficient businesses at a discount.

Consumer goods prices would fall to equilibrium where only firms able to produce goods below that price would be able to maintain production. This would have the net effect of expanding the labor pool and be a net gain for society as new areas of production would be made available by the increases in productivity. Instead, Hoover organized industrial cartels that maintained price and wage controls over the entire economy propping up inefficient businesses that continued to waste and malinvest resources resulting in what we know today as the great depression.

To summarize, this chapter is a fantastic must read five page tour de force of economic insight.

Next chapter: More Dagny, more snark, and more family drama.

Riding Coach Through Atlas Shrugged Part 3: Hit The Switch

50th Anniversary Edition pages- 33-48

[Part 2]

Chapter Summary: We meet our industrialist protagonist, he makes some metal, is weirdly sentimental, and doesn’t understand basic human interaction.

This chapter is very important for a number of reasons. Several (presumably) important characters are introduced, the MacGuffin is introduced, and several elements of Rand’s writing style and her personality are revealed. Because of this final revelation I, for the first time, am going to start one of these reviews off with the negative.

Ayn Rand’s descriptions of characters and those characters’ reactions to others in the story are both highly questionable. The protagonists, so far, all have crippling social issues that are not only glossed over but indeed are celebrated; while the antagonists are universally whiny, sycophantic, card-carrying bad guys who talk with each other like Bond villains; but more about them in the next chapter.

Let me provide some examples of our pseudo-autistic heroes from previous chapters.

Eddie:

“But he still thought it self-evident that one had to do what was right; he had never learned how

people could want to do otherwise; he had learned only that they did. It still seemed simple and incomprehensible to him: simple that things should be right, and incomprehensible that they weren’t.”

While I can relate to his feeling, I think it is imperative that libertarians understand completely why people want to do the things we consider “wrong” and to do that we need to have a solid foundation of what is right or wrong. The latter belief is why I hold so strongly to natural-rights libertarianism rather than any subjective based ethical system such as rule-utilitarianism.

Once we have a strong ethical foundation to build our beliefs on we begin to understand why most people operate outside those beliefs in practice despite the fact that most people would agree to them in theory. How many people would openly advocate violence against person or property when stated in such clear terms? Very few would, which is why society functions. It is only when we hide violence in plain sight through the control of language and education that most people begin to agree with their necessity. Extortion becomes taxation. Kidnapping becomes imprisonment. Murder becomes war and fraud becomes inflation.

Dagny:

“[b]ecause she thought that such a feeling was not within the humanly possible”

“She had always avoided personal reactions, but she was forced to break her rule when she saw the expression on Taggart’s face.”

Another clear lack of empathy in regards to dissimilar belief systems as well as some more personal social awkwardness. I wish I knew why Dagny “avoided personal reactions”. Did Rand think that emotion was a weakness? I cannot wait to spend more time with Dagny because she seems like such an unnecessary enigma.

And finally we have our new character, Hank Rearden whose complete lack of empathy boggles my mind. Hank begins the chapter at his foundry as the first batch of Rearden metal is poured. He waxes sentimentally over his past, especially his status as a self-made man; however the real story begins to be told when he leaves his work and returns to his home where his family is having a dinner party; or rather, the end of a dinner party. This scene provides us with two important sets of information.

First, Rearden’s family resents him for his aloofness and his lack of understanding of their problems and second he resent his family for not empathizing with him.

Let’s start with the relationship with his brother.

Phillip Rearden is a man who “had not been able to decide on any specific ambition.” A fact that Hank is generally disgusted by, he believes that “[T]here was something wrong…with a man who did not seek gainful employment.” When we meet Phillip he is a representative of a charitable foundation called “The Friends of Global Progress”. This organization is in dire need of ten-thousand dollars in its quest for “free lectures on psychology, folk music, and co-operative farming”.

Phillip is distraught that he cannot convince enough people to donate to the cause and Hank, in an attempt to improve his brother’s morale, simply donates the needed sum of ten-thousand dollars. Hank is then surprised when Phillip rebuffs his generosity. Hank misses the entire point though; Phillip isn’t upset that that he doesn’t have the money. Phillip is upset that more people don’t believe in his cause, something libertarians should have some measure of empathy for. We have to ignore the fact that Rand chose a completely ridiculous organization for Phillip, the scope of that organization is irrelevant. It is the relationship between the brothers that is vital.

Hank’s reaction, on the other hand, is far more vitriolic. He resents the fact that Phillip is acting selflessly to the point of wanting to hit him. “He wanted to slap Phillip’s face. But an almost unendurable contempt made him close his eyes instead.” Who seems more reasonable in this situation? Our “hero” or the villain?

Here is where Rand either rejects or misunderstands praxeological reasoning. Phillip, though acting selflessly, is also acting selfishly. Mises said that every action is taken in order to remove a “certain uneasiness”; this uneasiness is what drives human action. Even the most selfless act is done for the benefit of the person acting. How often has someone who risks their life for another uttered the phrase “I just couldn’t live with myself if I hadn’t done such-and-such.” It all comes down to a question of subjective valuations. No two people’s values are identical and there is no way to compare or rate those values against one another. Despite Hank’s objection that he “would not impose his standards on Phillip…” that is exactly what he does at every turn.

Next we have Hank’s wife Lillian. Our first reference to Lillian is as follows:

“He touched the bracelet in his pocket. He had had it made from that first poured metal. It was for his wife. As he touched it he realized suddenly that he had thought of an abstraction called ‘his wife’ – not of the woman to whom he was married.”

I think it is very telling that the first we hear of Hank’s wife he isn’t even considering her as a person, barely even as an object. “An abstraction” that throughout the rest of the chapter is the only one who even remotely stands up for Hank, even though she seems to do it only out of duty and not love. Another case where I can relate more to the character portrayed as the villain than the hero.

Lillian ends the chapter by holding up the aforementioned bracelet Hank had given her and calls it “the chain he uses to hold us all in bondage.” This rings true on several levels. Hank supports his family out of duty to them and then gets upset when they cannot stand on their own. Hank is proud of having earned everything he has on his own but then doesn’t expect the same from his family. He wants them to support him in his endeavors but only pays lip service to theirs. They pursue senseless causes but he supports them financially at every turn.

At this point in the story Hank is a contradiction. He is attempting to live in two worlds and because of that is failing at both. His family is biting at his heels and he cannot see the political danger right in front of him which will be revealed in the next chapter.

P.S. I forgot about his mother. She is essentially a high-class snob. I don’t really have any sort of insight on her other than she is insufferable.

 

P.P.S.  I have been scarce as of late due to a recent promotion and an increased workload as well as a series of outrageous summer adventures.  Thanks to Brandon for not kicking me out yet.

Great Review of Delacroix’s New Book

For answers as to why a young man might wish to emigrate, we must turn to History, which in France is neither remote nor distant. While Americans tend to regard anything before they were born as irrelevant, Biography and History are intertwined throughout Europe, but nowhere more intimately than in France. Delacroix, conceived in Nazi-occupied France, though in one counter-intuitive episode delivered to safety by a German soldier, his own life and that of the nation are bound together even more intimately than most. And so France, he writes, was gripped by three ‘great sadnesses’ as he was growing up.

This is from Peter Miller, a fellow sociologist and artist (and also the author of this piece here at NOL). Read the whole thing.

You can find Dr J’s book at amazon here, or on the sidebar of the blog.

Idea for a story

I’m reading Radford’s “The Economic Organisation of a P.O.W. Camp” and I came up with an excellent premise for a Catch-22-esque story. Troops on one side of a war hear rumors that their enemy’s POW camps are comfortable and safe. Word spreads and military leaders get wind of this. In addition to propaganda, and other measures they spread rumors to enemy troops of their lavish prison facilities. This prompts an arms race of escalating promises of prisoners’ wellbeing. In order to make rumors credible they begin actually investing in prisoner camps. Soldiers continue to face squalid conditions so rationally get caught. Total hospitality ends the war.

Fiction Reading

I’m not really a big fan of fiction. I’m a big non-fiction kind of guy. I like my economics from textbooks, my ethnographies under 200 pages, my political theory in thick books, my history riddled with theory, and my law in blog form. If I do read fiction I normally pick up something by a Nobel Laureate or a popular foreign work rather than whatever is in fashion at the moment here in the States. Over the past four months, though, I’ve found myself delving in to some stuff I never thought I’d be interested in. I recently read Ayn Rand’s The Fountainhead and have just begun reading George RR Martin’s Game of Thrones series.

Rand’s book was excellent. The speech at the end was weird, though, but it was not enough to keep me from putting Atlas Shrugged on my “to do” list. I know many of the Notewriters have issues with Rand’s non-fiction work, and many of them have clashed with Objectivists over the years (libertarians and Objectivists are old enemies, largely because the latter are a cultist bunch), but I found myself unable to put down The Fountainhead. I have a tendency to put a work of fiction into the context of the time period it was written in, so for me Rand’s work is all the more compelling (The Fountainhead came out when news traveled slowly and uneven reports of communist atrocities in the USSR and China were derided as ‘political’ by Western Leftists).

Martin’s book is equally excellent. I have never tackled a fantasy book before, but I have so far been pleasantly surprised. Fantasy books are looooong, but I am enjoying the plot line so far. I like the Night Watch guys the best (I am only in Chapter 17, of 72, so nobody spoil anything!), and I do not like the Lannisters.

Nobody leave any spoilers!

Review of Claire Conner’s Wrapped in the Flag

I recently posted a review at Amazon of Claire Conner’s Wrapped in the Flag: A Personal History of America’s Radical Right. (The paperback edition changed the subtitle to What I Learned Growing Up in America’s Radical Right, How I Escaped, and Why My Story Matters Today.) The review begins below. It unfortunately is buried within a stack of over a hundred favorable reviews at Amazon. But anyone who wants to read the review there can go here. Then if you find it worthy, you can click the button that says the review is helpful and move it up in the queue:

I thoroughly enjoyed this book despite myself. The author, Claire Conner, entertainingly interweaves a personal story of her growing up with parents who were avid and prominent members of the John Birch Society with a history of the Birch Society itself. I am only four years younger than Conner, and my own story has many intriguing parallels to hers. My parents never joined “the Society,” as its members referred to it, but they (particularly my mother) became what could be called Birch Society “fellow travelers,” involved in right-wing politics after the election of 1960. Many of their friends were Society members. I therefore imbibed much of the same literature as Conner, listened to similar public lectures, and was taken to and participated in similar events. She and I both, for example, were peripherally involved in the 1964 Goldwater campaign.

Our similar backgrounds even influenced both Conner’s and my choices of college. In her case, she was required by her parents to attend the Catholic University of Dallas, at a time when Willmoore Kendall (who had previously been one of Bill Buckley’s mentors at Yale) was teaching there. I chose to attend the Presbyterian Grove City College, studying economics under Hans Sennholz (who wrote for the Society’s magazine, American Opinion, for a span of years) and history under Clarence Carson (a frequent contributor to the Foundation for Economic Education’s Freeman). Finally, she and I eventually grew up to reject the Society’s conspiratorial worldview.

But there the similarities end. I drifted from conservatism to libertarianism, whereas Conner became a leftwing, progressive activist. Her narrative is filled with many fascinating tidbits and anecdotes about Birch Society activities and luminaries. But unlike me, she had parents who were domineering and dogmatic to the point of being abusive. Thus, she is unable to separate fully her wrenching childhood from the ideas and opinions of those she generally identifies as right wing. While there is always a note of tenderness in her writing about her parents, their fanatical harshness becomes the template for her damning of not only all Birchers but also most conservatives and even libertarians.

This makes her utterly oblivious to the extent to which she is still trapped in a conspiratorial worldview, but one of the Left rather than of the Right. She has graduated from her parents’ belief that America was threatened by a giant left-wing conspiracy, in which every liberal was either a Communist or a Communist fellow-traveler to a belief that America is threatened by a giant radical-right conspiracy, stretching from the 1950s to the present. She lumps together with the Birch Society in this gigantic, ongoing, and diffuse conspiracy such disparate individuals and organizations as Bill Buckley and his conservative National Review; politicians such as Barry Goldwater, George Wallace, and Ronald Reagan; Ayn Rand and her Objectivist followers; the libertarian Cato Institute; the modern Tea Party; and white supremacists of the Klan.

To support this portrayal, Conner engages in the same kind of guilt by association that Birchers employed to charge, for instance, that Martin Luther King was a secret Soviet agent. Thus, the fact that Fred Koch, the father of Charles and David, was a founding Council member of the Birch Society (who ultimately left because of opposition to the Vietnam War) implicates every person and organization associated with him and his sons. Although she honestly reports that Buckley eventually denounced the Birch Society, this cuts no ice for her. She recognizes no significant difference between the racist, anti-Semitic Revilo Oliver (kicked out of the Birch Society for those very reasons), who became virulently anti-Christian, and Jerry Falwell’s Christian Moral Majority, which was unabashedly pro-Israel. Indeed, nearly anyone who thinks that government has become too intrusive and extensive is somehow involved, wittingly or unwittingly. Most disgraceful and bizarre of all, the book’s introduction slyly tries to insinuate that the radical right somehow contributed to the Kennedy assassination, yet while fully accepting that Lee Harvey Oswald was actually the assassin as well as a Communist.

An occasional, slight acknowledgment that her parents or others she wishes to expose were correct about a few things slips into Conner’s story. Thus, only in a footnote to her memories about her parents indoctrinating her in the 1960s about how “the ultimate fiend was Mao Zedong” (p. 43), worse than Hitler, does she concede, “My parents were right about Mao” (p. 225). Late in the book she admits “I never would have guessed, not in a hundred years, that the John Birch Society would be as critical of President Bush and the fiasco in Iraq as I was” (p. 212). But none of this can soften her blanket denunciation of everything her parents advocated or embraced. As stated above, there is much fascinating historical detail in this readable book. With a little more nuance, balance, and objectivity, it could have been far more compelling and credible. Conner’s account of how her parents mistreated her, in particular, is in many places heartbreaking. Which makes it all the more sad that her scarred upbringing has turned her political landscape into the exact mirror image of that of her parents.

Delacroix’s new book is available in hard copy

As you all know, Dr Delacroix recently called it quits here at Notes On Liberty (he still blogs at Facts Matter), but I thought I’d give his new book a shout-out:

My book:

Jacques Delacroix: I Used to Be French: an Immature Autobiography

is available from me by email : jdelacroixliberty@gmail.com. Please, send me $17 so I can buy fishing bait. Please, add $1.50 for taxes and $4 to help support the US Post Office. Total: $22.50

This is cheap for much entertainment and a little bit of
enlightenment. The book contains many items of esoteric high-brow trivia you will be able to use to make yourself sound brilliant at cocktail parties (Marin County) and at barbecues (elsewhere).

The electronic version is also available in the Kindle Store at:

http://www.amazon.com/dp/B00JY0G3SA

On reading devices other than Kindle: August 2nd

The electronic version costs only $7. (Every time you buy one I can afford another cappuccino.)

Other unimportant news: My slim collection of stories and essays in French will be on Amazon (electronic only) soon. It’s entitled: Les Pumas de grande-banlieue.

You can also find his book on the sidebar of the blog here.

Riding Coach through Atlas Shrugged: Chapter 2 – Whistling In the People’s Key.

Part One

50th Anniversary edition pages 20-32

Chapter Summary – We are introduced to Dagny Taggart, brother of James, who reflects on neo-classical music, throws her family name around a bit, cuckolds her brother’s business, and smokes, also Kellogg turns down an offer he can’t refuse.

Dagny is one of the characters who I am somewhat familiar with due to cultural osmosis. Her strong willed antagonism, her intelligence and stubbornness, her anger, her misery, and her smoking. All things that I expected that were confirmed in her first chapter in Atlas Shrugged.

What I didn’t expect however was the amazing paragraphs about Richard Halley’s symphony.

“It was a symphony of triumph…”

the notes of the symphony

“spoke of rising and were the rising itself.

Emphasis mine. The way Dagny is enveloped by the symphony, it consumes her, and just for a moment she can do nothing but feel when she hasn’t in so long.

Then it is revealed that she is merely hearing it being whistled from across the train car by some blond brakeman. If one man whistling one part of that symphony can fill Dagny with such joy then what effect would a full orchestra have on her, on the people, on society?

That feeling is the very thing I hope to gain from this project. The sense of wonder that Dagny is overwhelmed with and a reminder that

“[T]his is why the wheels have to be kept going, and this is where they’re going.”

The brakeman is interesting as well. Rand’s description of him as a worker with no loose muscles was very telling to me. This blue-collar laborer is the one carrying the tune that is Dagny’s hope. This is in stark contrast to the train conductor for example who doesn’t seem to care about the problems he faces and simply hopes everything will work out.

He jerked his head up at the red light. “I don’t think the signal is going to change. I think it is busted.”

“Then what are you doing?”

“Waiting for it to change.”

I almost wonder if this theme of hard working but uneducated versus apathetic educated middle class will continue. I always felt that Rand was somewhat anti-laborer, that those who were not entrepreneurs were merely leaches on the productive members of society but I am beginning to think that impression may have been unfounded.

Speaking of entrepreneurs there were two major economic principles stated in this chapter. First was Dagny exemplifying the attributes of an entrepreneur when she makes the call to use Rearden Metal for the new railroad tracks. When James protests the use of the new metal she tells him that she is making the call using her own judgment, knowledge, and personal experience. She is willing to assume the risk for this venture based on a gut feeling and her own personal belief that it will work. It is important to notice that she doesn’t deflect responsibility or assume some other person or entity will absorb any losses if she is wrong.

The second economic point was in regards to monopolies. A great exchange takes place between Dagny and James that goes as follows:

“It isn’t fair,” said James Taggart.

“What isn’t?”

“That we always give all our business to Rearden. It seems to me we should give somebody else a chance, too. Rearden doesn’t need us; he’s plenty big enough. We ought to help the smaller fellows to develop. Otherwise, we’re just encouraging a monopoly.”

“Don’t talk tripe, Jim,”

“Why do we always have to get things from Rearden?”

“Because we always get them.”

“I don’t like Henry Rearden.”

“I do. But what does that matter, one way or the other? We need rails and he’s the only one who can give them to us.”

“The human element is very important. You have no sense of the human element at all.”

“We’re talking about saving a railroad, Jim.”

“Yes, of course, of course, but still, you haven’t any sense of the human element.”

“No. I haven’t.”

This exchange exemplifies the free market vs anti-property positions on monopolies but misses one crucial point. This anti-monopoly activity is driven solely by the free choice of the individual. Taggart is perfectly able to restrict his business from any source he chooses for any reason he chooses and this is the pure libertarian position on the matter.

Now, don’t get me wrong, he is making a poor entrepreneurial choice since Associated Steel has repeatedly failed to deliver on the contract and from a purely economic standpoint Dagny is correct. From a libertarian standpoint however, both are correct.

James is totally justified running his business into the ground for any reason he chooses and Dagny has every right to seek out new opportunities. Assuming of course she owns part of the company or has been granted the authority to act in the company’s name. The latter is the case here as far as I can tell.

I would also like to point out that other non-humanistic arguments against monopolies are almost universally false. Predatory pricing for example has essentially never happened successfully even in the case that made it illegal.

Now for the negatives.

Primarily I feel like James is a bit too obvious as a villain, he is almost too petulant and whiny. I just don’t buy that anyone would follow him and that the board of directors would have kicked him off years ago. I suppose Rand is pushing the whole feudalism thing. How many nations have fallen because of a weak King or Queen?

Also, I just don’t know how to feel about Dagny yet. The quirkiness is what bothers me the most. Sitting on the arm of the chair, her snarkyness and her general self-importance. I am not sure how much I am going to like her character yet but there is plenty of book to go so we shall see.

Finally I have to give the last story beat in this chapter credit. The final conversation Dagny has with Kellogg was an amazing piece of the mystery that literally gave me chills of anticipation. Where are these people going? Why are the best and brightest suddenly missing but still creating? And most importantly…

Who is John Galt?

Riding Coach Through Atlas Shrugged. Chapter 1: The Calendar Hung Itself.

50th Anniversary Edition pages 11-20*

*Note: The actual chapter ends on page 33 but I am splitting these up based on POV changes for easier digestibility.

Chapter Summary: White-collar worker Eddie Willars runs into a peculiar homeless man, reflects on a decaying city, and attempts to convince his boss of an urgent matter in Colorado.

My initial impressions are all pretty positive. The opening line: “Who is John Galt?” accomplishes everything an opening should and most importantly sets up a mystery to pique the reader’s interest.

Even with my limited knowledge of small parts of this book I was still immediately hooked by the questions presented on the first page: “Who is John Galt?”, “Why does it [the above question] bother you?”, and without missing a beat (or answering those questions) Rand describes the world that frames these questions quite beautifully with several potent, if a bit obvious, metaphors.

The bum as the faceless masses, intelligent but wearied and cynical without the energy to change their station but able to if inspired. “The face was wind-browned, cut by lines of weariness and cynical resignation; the eyes were intelligent.”

It also seems to be relevant that the bum is our introduction to the character of John Galt. The nameless, faceless masses knowing about the coming change almost instinctively and long before the more comfortable and well off middle class.

The city, in my estimation, represents society as a whole. Once beautiful but now decaying and, like the old tree on the Taggart estate, hollow and rotting from within. “…the shafts of skyscrapers against them were turning brown, like an old painting in oil, the color of a fading masterpiece.” The seed of beauty and triumph is there but it has rotted from within.

Eddie is who really intrigued me though; he reminded me a lot of Tolstoy’s Ivan Ilyich. A middle man in society who knows something is wrong but doesn’t have the skills to do anything about it. While he cannot identify the sinking feeling that permeates every fiber of his being he does have a stable foundation to latch onto.

“When he was asked what he wanted to do [in life], he answered at once, “whatever is right”…”twenty two years ago. He had kept that statement unchallenged ever since; the other questions had faded in his mind…[B]ut he still thought it self evident that one had to do what was right; he had never learned how people could want to do otherwise.”

As a natural-rights libertarian I believe that there are absolute moral and ethical truths and Eddie’s commitment to a similar personal philosophy deepened my ability to relate to the character. It also stands in stark contrast to more modern interpretations of ethics such as “rule utilitarianism” which will always decay to subjective act-utilitarianism.

“David Lyons argued that collapse occurs because for any given rule, in the case where breaking the rule produces more utility, the rule can be sophisticated by the addition of a sub-rule that handles cases like the exception. This process holds for all cases of exceptions, and so the ‘rules’ will have as many ‘sub-rules’ as there are exceptional cases, which, in the end, makes an agent seek out whatever outcome produces the maximum utility.”

In short, any attempt to prevent the “ends justify the means” outcome of utilitarian ethics, without some sort of higher moral authority, inevitably fails and the system is reduced to one of pure utilitarianism. I was actually under the impression that Rand was a bit of a utilitarian herself so I will be interested to see if this commitment to the universal “right” turns out to be a character flaw in Eddie or whether it remains an ideal to be upheld.

Eddie’s confrontation with James Taggart was also quite inspiring. A man who knows he is stepping out of line but is willing to do so for the sake of his personal convictions is an ideal that many of us could due to imitate. I will save my examination of James until the next installment but the important thing I took from this interaction between James and Eddie was how uncomfortable James grew when Eddie looked into his eyes.

“What Taggart disliked about Eddie Willars was this habit of looking straight into people’s eyes. Eddie’s eyes were blue, wide and questioning; he had blond hair and a square face, unremarkable except for that look of scrupulous attentiveness and open, puzzled wonder.”

If, as I suspect, Eddie is the everyman (or reader avatar) in this story and James is an (the?) antagonist then what I am supposed to take from this is that the villains in this world, and in ours, cannot stand up to scrutiny. They are filled with uneasiness when we examine their actions and question their motivations. If Eddie is an ideal, then his attentiveness is an ideal as well.

Eddie’s relationship with the Taggarts as a whole is something I hope is explored more. It is obvious he admires and respects Dagny since they grew up together and the fact that he still has some sort of respect for James leads me to believe that the latter wasn’t always so insufferable. What made Eddie so devoted to this family? Was it simply their entrepreneurial spirit or was there something more?

I had a few small criticisms but I am going to have to wait to see how they play out. As I mentioned briefly at the start of this entry Rand’s metaphors were really straight forward which isn’t bad in and of itself but simply something I am taking note of and will look for as the chapters go by.

I cringed a bit when Eddie admitted that he was simply a serf pledged to the Taggart lands. The whole feudalism angle is one that I am going to keep an eye on since one of the most common attacks on libertarianism is that it would descend into a neo-feudal corporatist society.

Of course I may be taking the line a bit too seriously since Eddie was simply trying to get James to agree to his requests to support the Rio Norte line. In fact it could very well turn out to be a rebuke of that attack once all is said and done.

Finally I have no idea what the giant calendar is supposed to represent or foreshadow. Perhaps it is simply a literal translation of the city’s days being numbered which would both be very clever and kind of groan-worthy at the same time. Hopefully Eddie shows up again soon to let us know but I have a sneaking suspicion that our protagonist isn’t Mr. Willars despite my initial preoccupation with his character.

Check in next time for first impressions of Dagny, a word of support for monopolies, and our first real look at James Taggart. I wish this was a George R.R. Martin novel so maybe he would be dead before the book was over. Hey, I never said I would be impartial.

Part 2