History

A Renegade History of the United States: a brief response

Rick Weber Books, History , ,

A while ago I finished reading (by audiobook) A Renegade History of the United States. The overarching theme of this entertaining and interesting book often seems to be: “look at these fucking squares!”

And that’s important, because the author points out their illiberal, short sighted, and irrational views, the reactionary nature of those views. But the author turns it into yet another A vs. B situation; a linear spectrum. There’s the “renegades” and the “squares.” I’m absolutely on board with the idea that there are establishment squares to be derided. But just because The Man is stupid, doesn’t mean he’s got a monopoly on it.

The positive message is that “renegades” are exemplars of freedom, and especially the freedom to be wrong. If you aren’t free to make mistakes, you aren’t free. And the point of freedom (besides the fact that freedom is excellent) is that it allows a dispersed approach to figuring out the good life. I’m increasingly doubtful that The Hitchhikers’ Guide was anything but correct when it posited that Earth is a computer set in motion to determine the question that matches the answer to “Life, The Universe, and Everything” (the answer is 42, the question is something besides “What is 6×7?”). This history shows a number of instances that show how breaking from the status quo, actively doing what everyone else is convinced is wrong, contributes to the overall flourishing and success of later generations.

All told, I’m happy giving it 4 stars.

Slavery and the footnotes

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

I came across this old essay on slavery by economist Gordon Tullock (h/t Tyler Cowen) and what struck me (aside from an excellent presentation of the economics of slavery) was this footnote on the inevitable dissolution of Marxism (this paper was written in 1967):

It may be that the dissolution is not the first step toward the total elimination of this powerful religion, but merely a breaking away of the talmudic encrustation of the true scribes and pharisees of the Second and Third Internationals. Such a development is not uncommon in the history of other religions. My personal opinion is that the disintegration which we now see is more fundamental, however, and I doubt that Marxism will survive the century as a living faith.

In my own experience in the classrooms of powerful and plebeian universities alike, Marxism has indeed disintegrated into virtually nothing. Marxism has, rather, become a sort of an embarrassing older uncle that professors chuckle about in a manner that is more reminiscing than bitter. They all realize that Marxism led to very bad things, but they are unable to acknowledge that capitalism – Marxism’s Other – has brought about peace and prosperity for untold billions.

It would be wise for us, therefore, to continue to focus on this dead religion. Deep-seated beliefs are hard to let go of, even after these beliefs have been shown – theoretically and empirically – to lead to horrors of the worst kind. “Yes,” the embarrassed former adherents grudgingly admit, “communism has failed miserably, but socialism has not. It has not even been tried, and besides, it is capitalism that is responsible for the world’s ills today.”

This is not obstinance. This is deceit, plain and simple.

So how do we go about combating obvious deceit (rather than the sophisticated theories of 20th century Marxists)?

I think the answer is to just debunk their examples on a case by case basis, in as public as a forum as you can muster. Famines in east and central Africa, for example, have often been attributed to capitalism because of the policies of the World Bank and IMF. Libertarians ought to agree with most of this, and then simply point out that the World Bank and the IMF are central planning agencies designed, created, and supported by governments in the West. Once this fact -which is not quite as simple as it appears – is acknowledged, you can go from there and take a public choice route, an Austrian route, or even a populist libertarian route to explain why capitalism is not responsible for famines.

Wars, genocides, ethnic cleansing campaigns, etc., can all be explained (and eliminated) if libertarians focus on the role of the State in all of these ills rather than on the theoretical or empirical weaknesses of socialist explanations and proposals.

Piketty’s numbers on inequality don’t add up

Brandon Christensen Books, Current Events, History, Politics , , , , ,

The Financial Times, a center-Left British publication, has the story here.

Piketty, an economist at France’s most prestigious business school, recently wrote an almost 600-page treatise on the growth of economic inequality in the West. The book has earned him lots of fame and has been discussed ad nauseum for about a month now.

Here is what I have found most interesting up to this point on the debate about inequality: The factions and their strategies regarding data and how it is interpreted. I think Dr Delacroix’s approach to the way data is interpreted is best, namely that the study design itself should be analyzed first and foremost.

Regarding factions, remember when that graduate student from the heavily neo-Keynesian UMass-Amherst found discrepancies in the work of Kenneth Rogoff and Carmen Reinhart on austerity in the West? The Left attacked savagely. The Right came up with excuses that would have earned an ‘F’ on most undergraduate tests.

Now that the Left’s own preferred conclusions have been borne out by bad data, what do you think is going to happen? Who wants to bet that the roles of Left and Right will be reversed? When Rogoff’s and Reinhart’s mistakes went public, the graduate student was invited to speak on televised talk and radio shows around the world. His work was (justifiably) hailed in the national and international press, and also (much less justifiably) as an answer to the deplorable state of the discipline of economics. What do you think the odds will be that the researchers responsible for finding flaws in Piketty’s data will get the same reception?

My money is on the answer “not good.”

All of this discussion about austerity and inequality is great, of course. The fact that researchers are expanding their findings to include more than just the data within their own countries is perhaps the most satisfying development in regards to epistemological human progress. I will await further developments to lay down my own verdict on the matter of inequality in the West. With the mistake of Rogoff and Reinhart, I decided, after carefully reading the merits and weaknesses of both sides of the debate, that their mistake was small enough to overlook and that austerity generally leads to better economic outcomes in the near- and long-term and that public debt is a drag on economic growth.

Depending on how the Left responds to its critics, I will see if economic inequality is indeed growing in the West.

Neoliberalism: When French philosophy thinks about American economics

Brandon Christensen Economics, History, Philosophy , , , ,

From an economic perspective, the vision of man becomes very, very poor. Man is a being who responds to stimuli from the environment, and we can modify his behavior with a choice of stimuli. And what government is, what power is, is the use of different kinds of stimuli. The economic theory gives a set of tools, a “good manner” to use stimuli to obtain the right comportment. In this respect, the result of the theory, perhaps, is to produce a vision of man that is very impoverished.

This is French philosopher François Ewald taking a moment away from his task of explaining Foucault’s thoughts on Gary Becker’s work to elaborate his own thoughts on the discipline of economics. Read the whole thing (pdf). It’s a short paper on Michel Foucault’s thoughts about American liberalism (or neoliberalism) and particularly Gary Becker’s work.

The Problem with Modern Monetary Theory

Fred Foldvary Economics, History, Liberty , , , , ,

“Modern Monetary Theory,” a doctrine about fiat money, has captured the attention of some reformers and progressives. This doctrine – a set of propositions contrary to logic and evidence – purports to explain why the US and other economies are ailing, but is beset by contradictions with the historic facts and within the doctrine.

For example, The New Inquiry on 11 April 2014 featured an article by Rebecca Rojer on “The World According to Modern Monetary Theory.” The author regards it as a revelation of MMT that the “rules of money are not immutable laws of nature.” Since the science of economics explains the effects of incentives and decisions, evidently these money “rules” are the outcomes of private and governmental decisions, and since the effects are not immutable laws, people can arbitrarily create whatever outcomes they wish. That would indeed be wonderful, to just print money are thereby eliminate unemployment, depressions, and poverty, all without creating price inflation, because the rules of money creation are not immutable, so we can have whatever outcome we wish!

Science is based on logic and evidence rather than “revelations.” It is possible that there have been revelations, but these create religion rather than science, since if an experience or experiment cannot be duplicated, the revelations are not sufficient for scientific warrants. Various religions have had different revelations, and the members do not believe the revelations of the others.

The author provides an example of the MMT doctrine. Suppose there is an island that has minerals. The owner of the mines hires workers and pays them with fiat money, like the paper and bank-account money we have today, i.e. money created out of nothing. But the owner also imposes a tax on the wages of the miners. So evidently this mine owner is a government, and we are not dealing with private enterprise, but a coercive socialist state. The miners work enough to both pay the wage tax and be able to survive.

But a premise of this MMT island example is that prior to the mining, the people were able to hunt and farm without working too hard. So why would anyone work in the mines? The historical explanation is the “enclosures” movement, in which land that was held by small-scale farmers or by villages was forcibly taken by the aristocracy or by the state or by foreign invaders. This is not a money story, but a land-grab story. Another way to get forced labor, other than chattel slavery, is to require the payment of taxes in money, which forces subsistence farmers to work on plantations at least long enough to pay the taxes. That is more a tax story than a money story, since if the government insists on being paid in coconuts, and a farmer does not grow coconuts, he must work on the coconut plantation, get paid in coconuts, and then pay the tax. Therefore the forced labor is based on the government’s restrictions on alternative employment opportunities.

MMT is correct in stating that one way that the government gets people to accept its fiat money is what economists call the “fiscal theory of money,” that the government reinforces its money as a medium of exchange by requiring the use of that money for paying taxes. However, if the government currency is being hyper-inflated, taxpayers would keep their savings in, say, gold, or a stable foreign currency, and then convert it to the fiat money only when a tax payment is due. The fiscal effect only works if the government is not creating too much inflation.

Therefore MMT is incorrect as stating, as a “core building block,” that forcing people to pay taxes with fiat money “gives it its value.” That was not the case, for example, in Zimbabwe, which suffered hyperinflation. One “immutable” economic law of money is that the creation of money, beyond what is needed for transactions, results in price inflation, and the payment of taxes becomes tied to that inflation, via the nominal rise of prices and wages, rather than preventing inflation.

A related fallacy of MMT is that “sovereigns” in general create money by “spending it into existence.” That can indeed happen, as for example in the Zimbabwe hyperinflation, but in the US and most countries today, government spending comes from taxes and borrowing, not money creation. The central bank, such as the Federal Reserve, does not create money by spending it for goods, but rather by buying bonds and then increasing the banks’ reserves or funds to pay for the bonds.

Since the “core” proposition of MMT, that price inflation can be controlled by government’s taxing and spending, is incorrect, the whole superstructure of the MMT doctrine built on it collapses. Actually, MMT does accept the proposition that monetary inflation creates price inflation, but that true proposition contradicts the core MMT premise that tax-paying gives money its value.

A worse MMT fallacy is that the taxes paid to the government destroys money. MMT tells us that governments create money when they spend, and then the money disappears when taxes are paid. But a tax no more destroys money than the dollars used to buy bread. The seller of bread now has the money, and the government now has the dollars paid in taxes, and they then spend that money.

There have been various theories and doctrines on money and banking in the history of economic thought, and in my judgment, the explanations that best fit the facts are a combination of the monetarist and the Austrian schools of thought. The monetarist core is the equation MV=PT, which explains that the quantity of money (M) multiplied by its annual velocity or turnover (V) equals the price level (P) multiplied by the amount of transactions (T) measured in money. Thus high price inflation, a rise in P, is usually caused by monetary inflation, an on-going increase in M.

The Austrian school explains how excessive monetary inflation not only cause price inflation, but distorts relative prices, such as when house purchase prices rise faster than rentals. Austrian theory shows how governmental central planning fails because the knowledge to do so well is always lacking, and that applies to money as well. Hence the Austrians propose free-market money and banking, so that the market sets interest rates and the money supply.

Indeed the Fed failed to prevent the Great Depression of the 1930s and the Great Recession of 2008, and its policies generated high inflation during the 1970s and the cheap credit that has fueled land-value bubbles. MMT cannot do any better, because, as the Austrian theory explains, the optimal money supply is not only not known, but not knowable. The pure free market provides the optimal money supply just as it provides the optimal amount of bread and the optimal amount of shoes.

“The Economic Origins of Territorial States”

Brandon Christensen History , , , , , , , ,

That’s the title for a paper by Scott Abramson in the Department of Politics at Princeton. Among the gems in this excellent paper:

[…[ before the French Revolution, before the era of the mass conscript army, wealth could not only purchase the technologies of violence, but also the manpower required to prosecute major wars. That is, rather than being an age when large states dominated militarily, this was a period where the population and natural resource advantages of territorial states provided little benefit in the production of violence. Leaders of states could, for a negotiated price, hire a Hessian colonel or an Italian condotierro and retain their men for a campaign season just as they could use these resources to purchase the most advanced technologies of coercion like siege artillery or rearms. It was by virtue of their economic capacity city-states like Genoa and Florence or groups of independent towns like the Swabian league could raise armies that matched or even exceeded those of territorial states like France or England

and

[…] the relationship between geographic scale and survival probability is the opposite of what war-making theories predict. Over this span small states were more likely to survive than their larger counterparts. In other words, rather than being an age of the territorial state” the period between 1500 and 1800 was one in which small political communities not only persisted but remained the typical form of political organization.

Read the rest of the paper here. So small territorial units dominated much of Europe during the initial phase of modernity and industrialization. What I’m trying to piece together is a way to incorporate the ability of small states to provide for themselves while at the same time maintaining ties with multiple neighbors in a way that binds them economically and politically, but without the coercive apparatus of a central government.

I think Madison was thinking about the same thing when he drafted the federal republic of the US, but it seems to me there is a right way to do federal republics (US) and a wrong way (Latin America). Does this make sense?

George Keenan’s racism *AND* affinity for the Democratic Party confuses Left-wing journalist

Brandon Christensen Current Events, History , , , ,

From the New Republic‘s David Greenberg:

Normally a supporter of Democrats—in the diaries, he voices support for the presidential bids of Adlai Stevenson, John F. Kennedy, Eugene McCarthy, Frank Church (“promptly regretted it deeply”), and Bill Clinton (“without enthusiasm”)—Kennan was nonetheless profoundly conservative in his worldview.

How on earth could a Democrat be a conservative? The logic of Progressives continues to astound me. Kennan, in addition to being an ardent supporter of Democratic Party candidates, also expresses adulation for ugly racist stuff like eugenics and even goes so far as to express sympathy for Apartheid in South Africa.

Libertarians and honest conservatives have long known about the intricate links between institutional and scientific racism and Left-wing political causes. The logical outgrowth of this subtle racism can be found in many of the Left’s pet political causes, such as Affirmative Action or government housing projects. These are inherently racist policies and if you read the justifications for such policies you can see why they are a natural  outgrowth of Progressivism.

The New Republic‘s David Greenberg is unable to put two and two together, however. To him, the fact that Kennan was a racist and an imperialist and a Democrat does nothing to show him why the Democratic Party is the party of reaction, of conservatism writ large in the United States.

By the way: Just because I think Affirmative Action and government housing projects are racist does not mean I do not support reparations for the US government’s theft of labor from slaves and theft of land from Native Americans. I just think there are better ways of atoning for our government’s sins than engaging in even more fruitless, racist policies.

Short blurb on Murray Rothbard

Brandon Christensen History, Liberty ,

Murray Rothbard (1926-1995) was an economist at UNLV and is considered to be one of the most important figures of the post-war libertarian movement. Rothbard earned his BA and PhD from Columbia (his dissertation on the banking panic of 1819 is still cited by economic historians), so it’s not like he was some hack with an unwarranted vendetta against the government. His contributions to a more libertarian world can be felt in numerous ways, from think tanks to economics graduate programs to the presidential campaigns of Ron Paul in 2008 and 2012. His daring foray into anarchy is, of course, his most important contribution to the scholarly world. However, I don’t see why this man has such a cult classic following within the libertarian movement. Could somebody explain this to me?

My best guess is that Rothbard’s strategy of appealing to the intelligent layman with well-disguised fallacies instead of discussing his research with the scholarly community has something to do with it, but this is only a guess.

His work just has “Cold War” written all over it. For instance, the first book of Rothbard’s that I cracked open, Conceived in Liberty Volume 1, read like a 1970s Marxist diatribe on economic development (by the way: see Dr Delacroix’s “The Export of Raw Materials and Economic Growth: A Cross-National Study” in the American Sociological Review for an excellent rebuttal of Marxist development theory). Again, I think part of this can be blamed on the time period he was writing in (mid-1970s), but even though it must have really sucked to be a scholar during the Cold War era there is really no good excuse for Rothbard’s present-day status as a saint within libertarian circles.

Not only has his scholarship become a stepping stone rather than a shrine (as all scholarship inevitably becomes), but the cult-like attitudes of some of his fans makes me cringe as a libertarian. At any rate, I’d really like to know why he has such a devoted following, and why his followers seem to think that their devotion to him is a good thing for the movement.

Is the Political Left Today’s Conservative Faction?

Brandon Christensen History, Politics , , , , , ,

I tend to think so. I come across more and more anecdotal evidence to support my thesis with each passing day. For example, in my current research on Dutch colonial responses to Javanese political strategies, I came across the following passage by Dutch historian Eduard JM Schmutzer in his 1977 monograph Dutch Colonial Policy and the Search for Identity in Indonesia 1920-1931:

The abuses in government exploitation under the so-called “Cultuurstelsel” (Cultivation System) and the subsequent criticism by humanitarians […] made the liberals aware that new methods for the exploitation of the East Indies and for the development of its inhabitants were to be found. In contrast to the conservatives who maintained that the central role of government in economic life was necessary to protect the natives against the overpowering influence of private capital, the liberals argued that the doctrine of free enterprise and its beneficial laws of unrestrained capital and labor market, promised in Indonesia an increase in the sagging production and an improvement in the welfare of the natives. Both conditions [free capital and labor markets – bc], the liberals maintained, would be to the advantage of the population at home and abroad.

However, the channeling of capital into the structure of government monopolies by private investors did not result in the expected increase per capita productivity [Ya don’t say? – bc]. (1)

The emphasis is mine. Can anybody name any factions in today’s world that advocate restraining private capital in the name of (condescendingly) protecting those who are too stupid to know what to do with their own money?

Anybody at all?

Needless to say, the liberals lost those important colonial policy battles of the late nineteenth century (probably because they were outnumbered by both the theocrats and socialists who believed private capital was bad for the natives and that therefore authoritarian paternalism was in order).

I can’t help but wonder: Does the anti-globalization Left realize just how conservative its position is?

May I Present

Brandon Christensen Current Events, History ,

…the estimable Kyle Dix:

Kyle Dix (personal homepage) was born in Miami and raised in the mountains of North Georgia.  He graduated from the University of Georgia in 2010 with dual degrees in Spanish and Management.  Kyle currently resides in Philadelphia, PA where he works and attends class at University of Pennsylvania, studying history with an eye on entering academia.  Between UGA and Penn he worked in a welfare-to-work NPO in North Philly, teaching job skills, career planning, and basic English.

The historical questions Kyle asks are largely rooted in his experiences: What is the nature of the discourse between individuals and government?  How do ideologies guide institutions as they grow and change?  How do globalization and modernization act as drivers for this discourse?  Kyle seeks to offer answers to these questions from the historical context of US-Latin American relations and via over-eager observations of current events.

Check out his introductory post at Notes On Liberty here. Welcome him accordingly!

A Reverse Crimea in the West: Kaliningrad

Jacques Delacroix Current Events, History , , , , , , , , ,

Look at the Kaliningrad Oblast. It used to be Prussian Koenisberg, an important detail: Many Germans still feel for it, like Russians for Crimea. This is one part of Europe toward which the Germans might loose a little of their current prudent cool and cooperate.

Find Kaliningrad on the map.

Source: BBC
Source: InKaliningrad.com

It’s a small Russian exclave on the Baltic. It’s entirely sandwiched between two NATO members that are also members of the European Union, Lithuania and Poland. It must have some military value because it’s the headquarter of the Russian Baltic Fleet.

Kaliningrad has no direct land links to the rest of Russia. Sea links are along the shores of unfriendly to very unfriendly countries. I don’t see why it would be difficult to apply an on-and-off siege to that territory. I don’t mean that the West or the US should actually attempt to starve its about one million people. I am thinking cutting off the water intermittently, for example. Perhaps a few US warships could cruise off Kaliningrad with all guns carefully covered. We should be able to cause enough unpleasantness there to stampede part of the civilian population. We might just let Russian sailors there lead lonely and even more drunken lives than they do now.

After the gobbling up of Crimea, making it difficult for Russia to staff its isolated western outpost would be a worthwhile goal. Even giving high Kremlin officials a few bad nights of sleep would be better than nothing. Letting bullies get away with anything is always a bad idea. It’s like asking for more bullying in the future.

I don’t know why no one is talking about it, not the Obama administration, not the Republican opposition, not the supine press.

Are we that pathetic or merely ignorant?

El legado de Hugo Chávez

Guillermo Pineda History, Politics , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Propuesta del Candidato de la Patria Comandante Hugo Chávez Para la gestión Bolivariana socialista 2013-2019. Via: http://forajidosdelanetwar.blogspot.com/2012/11/caricaturas-e-imaginarios-en-la.html

Hace un año el actual presidente de Venezuela, Nicolás Maduro, anunció la muerte de Hugo Chávez.  Chávez fue el líder de la Revolución  Bolivariana en Venezuela y gobernó el país durante 14 años.  Maduro fue juramentado luego Presidente y recientemente ganó la reelección popular con una campaña que prometía continuar  con el legado de su mentor.

En el 2013, los datos del legado que dejaban los 14 años del gobierno socialista presentados por el Centre for Research on Globalization y por la Embajada Venezolana en los Estados Unidos son reveladores:

  • Venezuela cuenta con servicios de salud y educación universales gratuitos. Antes, 70% de los venezolanos no tenía acceso a servicios de salud.
  • Se eliminó el analfabetismo en el país.  Antes, 40% de los venezolanos eran analfabetos.
  • En los últimos 10 años, el PIB venezolano ha crecido al ubicarse en un nivel alrededor de los 300 mil millones de dólares. Esto representa un crecimiento sustancial frente a la década de los noventa cuando el PIB del país no llegaba a los 100 mil millones de dólares.
  • Se redujo en un 40% el costo de los productos de la canasta básica.
  • Aumentó el salario mínimo en más del 600%
  • Redujo el desempleo del 20% al 6%
  • El Índice de Desarrollo Humano (IDH) en Venezuela aumentó de 0,69 en  1998 a 0,84 en  2008, lo cual eleva a Venezuela a ser un país con rango de desarrollo humano medio a uno con rango alto.
  • De 2008 a 2012, el IDH descendió a 0,748 y alcanza el puesto 71 de 187 naciones y territorios que participaron de la medición.
  • Venezuela ocupa el puesto 71 entre los 179 países que figuran, según el informe anual del Programa de Naciones Unidas para el Desarrollo (PNUD). El coeficiente de Gini, que mide la desigualdad de ingresos, alcanzaron en 0.390 en 2012, el nivel más bajo en la historia de Venezuela y el más bajo en el Continente latinoamericano. En 1998, era de 0,4865.
  • Desde 1999, Venezuela incrementó sus relaciones comerciales con otros países en el hemisferio, así como con otras regiones del mundo. La mayor parte del comercio de Venezuela continúa siendo llevado a cabo en la región, con alrededor del 70% de las exportaciones de petróleo con destino a los países de las Américas, y los mercados de América del Sur, América Central y el Caribe están ganando importancia.
  • En 2012, un año antes de la muerte de Chávez, Venezuela era el tercer socio comercial más grande de Estados Unidos en América Latina y el número 14 más grande en el mundo, además de ser el cuarto proveedor de petróleo a EE UU.

Pero no todo ha sido fácil de conseguir en esta bonanza de estadísticas sociales y los drásticos cambios en el nivel de vida del pueblo venezolano han sido el resultado de muchos sacrificios impuestos en la población venezolana.

Con el ascenso de Chávez y el éxito inmediato de los cambios socioeconómicos en la población, la élite política chavista se aseguró el poder absoluto al conseguir el voto mayoritario en elecciones democráticas gracias a millones de venezolanos beneficiados por las reformas socialistas.  Este poder absoluto (democrático) permitió al gobierno socialista continuar con su plan e imponer restricciones a la libertad de expresión de la oposición, expropió sin muchos problemas industrias, eliminó fácilmente y sin mucha oposición el derecho a la propiedad privada y capturó los ahorros de millones de venezolanos.

Para Maduro, Chávez y muchos otros ideólogos socialistas antes de ellos, cualquier medio era justificable para la consecución del ideal revolucionario socialista.  Latino América, que durante décadas sirvió de laboratorio para experimentos económicos y políticos de líderes del mundo desarrollado fue la arena idónea para regresar a la dulce tentación socialista que había sido lograda con relativo éxito en otros continentes.

La fórmula del legado de Chávez es simple y poderoso:

Populismo anti-imperialista

+

petróleo nacionalizado

=

Socialismo clientelista 

Titulo: Sembrar petróleo. Por Emiliano Teran Mantovani. via: http://forajidosdelanetwar.blogspot.com/2012/11/caricaturas-e-imaginarios-en-la.html

La movilización y apoyo de los votantes en una nación democrática es fácil de conseguir cuando se posee el capital económico, político y/o militar para ofrecer al pueblo una salida de los sistemas de economía mixta extractivos que durante el siglo XX fueron implementados por las naciones desarrolladas del Norte Global y que fueron apoyadas por elites patrimonialistas en los territorios del Sur. El éxito de la revolución Bolivariana aseguró para otros países interesados en este experimento una segura y jugosa fuente de donativos para facilitar el efecto domino socialista que tanto temieron los ideólogos realistas gringos durante la Guerra Fría.  Sin duda, el legado de Chávez sigue vivo un año después de su muerte.

En los últimos dos meses la movilización de un importante grupo de la población venezolana causó manifestaciones en las ciudades más importantes del país.  Los manifestantes tenían muchas peticiones que iban desde reclamos por la corrupción del partido gobernante, reclamos por los altos índices de inflación que afronta el país y solicitudes de renuncia de los líderes de la revolución bolivariana.

Independientemente de cuántos  años más dure el partido revolucionario en el poder es seguro que su legado fue la implementación de una exitosa revolución socialista clientelista sostenida en la venta de petróleo a las economías mixtas del resto del mundo que mejoro los índices de desarrollo humano como nunca antes habíamos visto.  Así es que mientras el mundo siga dependiendo del oro negro, el mundo seguirá escuchando del legado de Chávez.

Este caro legado ha costado la libertad y los derechos de propiedad de miles de individuos. Venezuela sigue y continuará enfrentando desafíos en materia de seguridad, pues la tasa de homicidios de la región es la más alta del mundo. El regimen chavista es diariamente acusado de corrupción, incompetencia y la probabilidad de que esto cambie no es del interés de nadie. El año pasado la inflación fue del 56% y la escasez de productos básicos continuó agudizándose hasta este año.  Caracas se ha convertido en una de las ciudades más caras del mundo ocupando el puesto #6 según datos del WSJ.

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Are small businesses entrepreneurial?

Rick Weber Economics, History, Liberty, Politics

Between 1958 and 1980 the number of businesses in the U.S. economy increased from 10.7 million to 16.8 million. But the relative economic importance of small business in the overall economy declined over this period. Between 1958 and 1977 the share of employment accounted for by firms with fewer than 500 employees decreased from 55.5 percent to 52.5 percent. Between 1958 and 1979 the share of business receipts obtained by companies with less than $5 million in receipts declined from 51.5 percent to 28.7 percent. Between 158 and 1977 the share of value added contributed by firms with 500 or fewer employees decreased from 57 percent to 52 percent. (Zoltán J. Ács, Bo Carlsson, and Charlie Karlsson 1999, 7)

That’s an enormous relative increase in the importance of big businesses. Consider that change in light of macroeconomic conditions and political thought at the time. It seems almost like the dark ages. I think it also shows an apparent correlation between business, government, and ideology. Since the mid ’70s, small businesses have gained importance in the U.S. economy while also leaving the dark ages of mid-20th century illiberalism.

Le nouveau racisme américain et l’impérialisme français

Jacques Delacroix Current Events, History, Law, Politics , , , , , ,

La tache est infinie d’eduquer les Francais pour leur faire jeter aux orties les cliches anti-Americains plus ou moins malveillants qu’ils trainent depuis soixante ans. Comme personne d’autre ne le fait, je me porte volontaire, de temps en temps, pour les aider a les remplacer par des cliches plus frais sur les Etats-Unis.

La Cour d’Appel qui correspond a la region de San Francisco vient de donner raison au directeur d’une ecole secondaire qui avait interdit a ses eleves le port ou l’affichage du drapeau …americain. Le tribunal a donne pour raison que ce drapeau risquait d’offenser les “Mexicains” de l’ecole.

Le debut de l’histoire remonte a Cinco de Mayo (en Espagnol dans le texte) de l’annee derniere. Il s’agit d’un fete officielle de l’Etat de Californie qui commemore une victoire militaire Mexicaine de 1862. C’est une fete qui passe inapercue presque partout au Mexique.

L’Etat de Californie l’a adoptee on ne sait plus trop pourquoi. Peut-etre que c’etait sous l’impulsion propre de la gauche cul-cul bien pensante locale aussi ignorante qu’avide demontrer sa sensibilite vis-a-vis des “minorites.” Peut-etre que cela a ete impose par un groupe de pression de Mexicano-Americains, raciste et fascisant qui se nomme lui-meme: “La Raza, ” “la Race.” (Ai-je meme l’imagination d’inventer de telles insanites?) En tous cas, selon mes sondages, forcement peu scientifiques mais tres frequents, le pourcentage d’Anglos capable de d’identifier les evenements ainsi commemores tourne autour de 0. Le pourcentage des jeunes d’origine hispanique monte jusqu’a 5. Il me faut ajouter pour etre honnete, qu’un 5% additionnel de ces derniers est en mesure d’affirmer: “Je ne sais pas ce que c’est mais je sais que ce n’est pas l’anniversaire de l’independance mexicaine.” En tous cas, cette commemoration a des effets positifs sur la consommation californienne de bieres mexicaines (d’ailleurs tres bonnes).

Et l’imperialisme francais alors, vous dites-vous? Et bien voila, en 1861, l’armee francaise du soi-disant Empereur Napoleon II (socialiste pour une bonne partie de sa carriere ploitique) a recu l’ordre d’aller attaquer la Prusse. Manque de chance, elle a tourne a doite au lieu d’a gauche. Elle s’est donc retrouvee au Mexique. De fil en aiguille, ell a fini par conquerir brievement tout le pays et a y installer un empereur fantome, un Autrichien obscur et palot. Ell profitait alors bien sur du fait que les Etat-Unis etaient eux-memes preocupes par le projet de s’entretuer pendant leur propre guerre civile. En attendant, au debut, les Mexicains de presidet Benito Juarez avaient bel et bien gagne contre le corps expeditionaire francais.

Pour en revenir a la Californie, le 5 Mai de l’annee derniere, dans une ecole sans importance d’une ville sans importance situee au sud de San Jose (Silicon Valley), des eleves d’origine mexicaine s’etaient presentes en class a portant des t-shirt figurant le drapeau mexicain. Des eleves Anglos avaient replique en enfilant des t-shirts a l ‘image du drapeau americain. Il y avait eu des bousculades entres eleves des deux groupes sans nulle doute echauffes par la presence de filles, aussi des deux groupes, en t-shirts sans dessins particuliers mais bien moulants.

La Cour d’Appel, en interdisant de fait de montrer le drapeau americain en Amerique a elle-meme fait la preuve d’une sorte de racisme, anti-blanc, cette fois-ci. En plus, elle a bien demontre son prejuge racial inconscient en identifiant comme “Mexicains” la categorie sociale que sa decision est censee proteger des bobos spirituels. Il est certain qu’elle voulait dire: “Americains d’origine mexicaine” car il n’y probablement pas ou que tres peu de “Mexicains” dans cette ecole. (N.B.: Toute personne nee aux Etats-Unis est citoyenne americaine, un point, c’est tout.)

PS Moi-meme, je suis tres satisfait de l’existence en Californie d’une forte emigration d’origine mexicaine (30% ou plus de la population de ‘Etat.) , y compris les sans-papiers. D’une part, se sont de gens faciles a aimer. D’autre part, ils apportent beacoup. Je crois meme bien que les enfants qu’ils font aujourd’hui supporteront la majeure partie du poids financier de la retraite Securite Social de mes propres enfants, vers 2045.

The socialist roots of Nazism (and the Left’s typical response)

Brandon Christensen History, Politics , ,

One of my constituents once complained to the Beeb [BBC] about a report on the repression of Mexico’s indigenous peoples, in which the government was labelled Right-wing. The governing party, he pointed out, was a member of the Socialist International and, again, the give-away was in its name: Institutional Revolutionary Party. The BBC’s response was priceless. Yes, it accepted that the party was socialist, “but what our correspondent was trying to get across was that it is authoritarian”.

Amazing! This is from Daniel Hannan writing in the Telegraph.