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2024-02-24
In Freedom and the Law, Bruno Leoni argues that the main threat to liberty comes not from overweening officials but from the law that empowers them. As Murray Rothbard puts it, “The real and underlying menace to individual freedom is not the administrator but the legislative statute that makes the administrative ruling possible.” In that light, we can see that woke tyranny does not come from the self-important diversity, equity, and inclusion (DEI) officers who claim to enforce “our shared values” but from the legislation that vests power in them. The real threat comes from the Civil Rights Act of 1964.
Without the Civil Rights Act, DEI officers would have no cover for their preposterous schemes and polices. What right would they have to command people to kneel to showcase concern for
2023-12-01
Austria is one part of the name “Austrian economics.” How has the country of Austria prospered by applying Austrian economic concepts? The nation regained full sovereignty in 1955. Their form of government is a parliamentary coalition with a prime minister as head of state and a ceremonial office of president.
How would Ludwig von Mises view Austria today implementing Austrian economics? He would not recognize the country he fled in 1934 ahead of the German war machine and its purposeful discrimination of people of Jewish descent. He would probably be thankful Austria’s Jewish population is thriving. He would also see its standard of living and economy flourishing today.
Austria has large services and industrial sectors, and it has a small, highly developed agricultural sector. The
2023-11-25
In March, at the National People’s Congress, Beijing set its annual gross domestic product (GDP) growth target. Since 1985, in every year but one, China has met or exceeded its official projections, raising doubts about whether or not Beijing’s claims of rapid growth can be believed. The New York Federal Reserve issued a report in 2020 that challenged the numbers, saying that China’s GDP growth chart was too smooth for the data to be authentic.
Typical of a communist system, the central government’s growth target is divided up and assigned as quotas for provincial governments, who in turn set quotas for local governments, and so on down the line. Politicians who fail to meet quotas can expect negative consequences so they are incentivized to lie, pumping up the numbers. The reports are
2023-11-23
The role of the infinitely small is infinitely large.”
― Ray Kurzweil, The Singularity is Near: When Humans Transcend Biology
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. —GEORGE BERNARD SHAW, “MAXIMS FOR REVOLUTIONISTS”
― Ray Kurzweil, The Singularity is Near: When Humans Transcend Biology
Government as we know it likely won’t be around when artificial super intelligence (ASI) arrives. As I’ve argued elsewhere, states are fading fast from war, fiat money and debt, and I believe people will develop non-coercive solutions to social life when states finally collapse. Our “government” of the future will of necessity be a laissez-faire social order.
Meanwhile, AI
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