Saturday, 28 October 2017

Yaron Brook on the Morality of Capitalism

The principle economic difference between Yaron Brook and Ludwig Von Mises is that while Von Mises proved collectivism cannot work he failed to convert a single collectivist because he tried to divorce economics from morality - an omission that always ends in an implicit endorsement of altruism. 

In The Letters of Ayn Rand and Ayn Rand's Marginalia, which I highly recommend, she is very critical of Austrians like Hayek and Freidman for accepting the fundamental, underlying and especially the moral premises of capitalism's enemies - Hazlitt and Von Mises make similar errors in their value theory - and elsewhere - but with them it is less pronounced.* 

The problem with Von Mises is essentially this -  he was a Kantian and therefore opposed to induction from 'perceptual certainty.' 

He thought he could deduce the principles of economics from the axiom of "human action" independently of moral theory, epistemology etc..

Unfortunately, for him and his Praxeology [ from Greek praxis meaning deed or action ] human action is inextricably value-laden. 
For example, what happens to economics if people value a Dictatorship of the Proletariat in the Soviet Union, or, in Saudi Arabia, the afterlife, above all else?

Studying the means of economic advancement is fine but it is meaningless if you neglect the ends, and the why and the how.

Consequently, Von Mises is enormously incoherent in many sections of his books - smuggling in moral and epistemological assumptions as he must, but in a very hostile, malevolent and contradictory manner completely at odds with both the substance of his books and with the essence of capitalism - i.e. love and benevolence.

It is a great tribute to the human spirit that even people lacking economic education do not fall for such specious arguments. In a sense, it demonstrates that contrary to Von Mises, there is no metaphysical conflict between men - class war, race war, gender war, are mere figments arising from the human imagination.

People are moral and they will support moral principles over malevolent practicalities every time if they are taught to know the difference -  choices count.

To quote Auberon Herbert "It is not laissez-faire that has failed. That would be an ill day for men. What has failed is the courage to see what is true and speak it to the people, to point to the true remedies."

*Hazlitt, for example, said rich people should forgo the purchase of luxuries in favour of giving money to charities because production would be diverted to the necessities of the poor - which is insane both economically and morally, and total gift to socialist propagandists!
Von Mises, for example, said liberalism failed because most people were too stupid to understand economics while at the same time claiming savages used reason just like everyone else, which is sort of true but categorically not in the sense he meant it! 

Capitalism is a social system of love 1.09.20 secs - 1.17.45:


Monday, 23 October 2017

"Selfishness without the Self" - the Clansman's dilemma

Ayn Rand on the existential origin of altruism and also the psycho-epistemological cause of its continuation.



Interestingly,  "Outlander" on Amazon Prime - one of the most romantic and carnal TV series I have seen - provides the perfect background to this age-old philosophical dilemma and the central issue free will which lies at the heart of all romantic drama.

"Strange, the things you remember. The people, the places, the moments in time burned into your heart forever while others fade in the mist. 
I've always known I've lived a life different from other men. And when I was a lad, I saw no path before me. I simply took a step and then another. Ever forward, ever onward, rushing toward someplace I knew not where. And one day, I turned around and looked back and saw that each step taken was a choice , to go left, to go right, to go forward or to even not go at all.
Every day, every man has a choice between right and wrong. Between love and hate. Sometimes between life and death. And the sum of those choices becomes your life. The day I realised that is the day I became a man."

Perhaps it's no mere coincidence that Walter Scott also chose the Highlands as the background to "Waverley" 1815 - the first romantic novel of the modern era.




Monday, 18 September 2017

Rudyard Kipling "The Gods of the Copybook Headings" 1919.

AS I PASS through my incarnations in every age and race,
I make my proper prostrations to the Gods of the Market Place.
Peering through reverent fingers I watch them flourish and fall,
And the Gods of the Copybook Headings, I notice, outlast them all.

We were living in trees when they met us. They showed us each in turn
That Water would certainly wet us, as Fire would certainly burn:
But we found them lacking in Uplift, Vision and Breadth of Mind,
So we left them to teach the Gorillas while we followed the March of Mankind.

We moved as the Spirit listed. They never altered their pace,
Being neither cloud nor wind-borne like the Gods of the Market Place,
But they always caught up with our progress, and presently word would come
That a tribe had been wiped off its icefield, or the lights had gone out in Rome.

With the Hopes that our World is built on they were utterly out of touch,
They denied that the Moon was Stilton; they denied she was even Dutch;
They denied that Wishes were Horses; they denied that a Pig had Wings;
So we worshipped the Gods of the Market Who promised these beautiful things.

When the Cambrian measures were forming, They promised perpetual peace.
They swore, if we gave them our weapons, that the wars of the tribes would cease.
But when we disarmed They sold us and delivered us bound to our foe,
And the Gods of the Copybook Headings said: "Stick to the Devil you know."

On the first Feminian Sandstones we were promised the Fuller Life
(Which started by loving our neighbour and ended by loving his wife)
Till our women had no more children and the men lost reason and faith,
And the Gods of the Copybook Headings said: "The Wages of Sin is Death."

In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: "If you don't work you die."

Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew
And the hearts of the meanest were humbled and began to believe it was true
That All is not Gold that Glitters, and Two and Two make Four
And the Gods of the Copybook Headings limped up to explain it once more.

As it will be in the future, it was at the birth of Man
There are only four things certain since Social Progress began.
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire;

And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as Water will wet us, as surely as Fire will burn,
The Gods of the Copybook Headings with terror and slaughter return!

Tuesday, 12 September 2017

How does Classical Liberalism contrast with Collectivism?

In “Philosophy: Who Needs It,” Ayn Rand shows how, in order to deal with concrete, real-life problems, an individual needs some implicit or explicit view of the world, of man’s place in it, and of what goals and values he ought to pursue. The abstract premises an individual holds may be true and consistent, reached by conscientious thought — and the purpose of the science of philosophy is to teach one how to achieve this — or his premises may be a heap of clashing ideas unwittingly absorbed from the culture around him. But either way, she argues, the power of philosophy is inescapable. It is something everyone should be concerned with.

How to properly approach and study philosophy is then discussed in “Philosophic Detection” – here are few excerpts from the most influential British and German thinkers of the period:

Classical liberalism v collectivism.
Richard Cobden in 1835: “The middle and industrious classes of England can have no interest apart from the preservation of peace. The honours, the fame, the emoluments of war belong not to them; the battle-plain is the harvest-field of the aristocracy, watered with the blood of the people.”
Also John Stuart Mill: “It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it” (1909). Again Mill: “Finally, commerce first taught nations to see with good will the wealth and prosperity of one another. Before, the patriot, unless sufficiently advanced in culture to feel the world his country, wished all countries weak, poor, and ill-governed, but his own: he now sees in their wealth and progress a direct source of wealth and progress to his own country. It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it. And it may be said without exaggeration that the great extent and rapid increase of international trade, in being the principal guarantee of the peace of the world, is the great permanent security for the uninterrupted progress of the ideas, the institutions, and the character of the human race” (1909, Book III, Chapter XVII, Section 14).
Richard Cobden -commerce is “the grand panacea, which, like a beneficent medical discovery, will serve to inoculate with the healthy and saving taste for civilization all the nations of the world” (Cobden 1903, p. 36).
Norman Angell, speaking to the Institute of Bankers in London on January 17, 1912, on “The Influence of Banking on International Relations”: “commercial interdependence, which is the special mark of banking as it is the mark of no other profession or trade in quite the same degree — the fact that the interest and solvency of one is bound up with the interest and solvency of many; that there must be confidence in the due fulfillment of mutual obligation, or whole sections of the edifice crumble, is surely doing a great deal to demonstrate that morality after all is not founded upon self-sacrifice, but upon enlightened self-interest, a clearer and more complete understanding of all the ties that bind us the one to the other. And such clearer understanding is bound to improve, not merely the relationship of one group to another, but the relationship of all men to all other men, to create a consciousness which must make for more efficient human co-operation, a better human society” (quoted in Keegan 1999, pp. 11-12). [116]
Collectivism v classical liberalism:
Immanuel Kant (1724-1804): “War itself, if it is carried on with order and with a sacred respect for the rights of citizens, has something sublime in it, and makes the disposition of the people who carry it on thus only the more sublime, the more numerous are the dangers to which they are exposed and in respect of which they behave with courage. On the other hand, a long peace generally brings about a predominant commercial spirit and, along with it, low selfishness, cowardice, and effeminacy, and debases the indispensable means for bringing it to a still higher stage.” “Speculative Beginning of Human History” [1786].
G. W. F. Hegel (1770-1831) on World-Historical Individuals, those whom the march of history has selected to advance its ends: “A World-historical individual is not so unwise as to indulge a variety of wishes to divide his regards. He is devoted to the One Aim, regardless of all else. It is even possible that such men may treat other great, even sacred interests, inconsiderately; conduct which is indeed obnoxious to moral reprehension. But so mighty a form must trample down many an innocent flower—crush to pieces many an object in its path.” [Hegel, The Philosophy of History. Translated by J. Sibree (Prometheus, 1991), p. 32.
Leopold von Ranke (1795-1886), professor of history at Berlin and the most influential German historian of the nineteenth century. Ranke was deeply religious and a strong believer in the divine mission of the German monarchical state. “[P]ositive religion, which resists the vague flight into liberalism, accords with my beliefs.” “I know nothing since the psalms where the idea of a religious monarchy has been expressed more powerfully and more nobly. It has great passages of historical truth.” As historian A. J. P. Taylor put it, speaking of Ranke and his followers, “they regarded the state, whoever conducted it, as part of the divine order of things; and they felt it their duty to acquiesce in that divine order. They never opposed; they rarely protested.” Ranke, quoted in A. J. P. Taylor, “Ranke: The Dedicated Historian.” The Course of German History, A Survey of the Development of Germany since 1815 (Hamish Hamilton, 1945), p. 265.
Heinrich Heine (1797-1856, German poet and essayist): “Not only Alsace-Lorraine but all France and all Europe as well as the whole world will belong to us.”[Heine, quoted in Darwin P. Kingsley, “Woodrow Wilson and the Doctrine of Sovereignty,” Addresses of the Empire Club of Canada. Delivered October 17, 1918.
Max Stirner (1806-1856), a Young Hegelian philosopher. While at university at Berlin, he was inspired by Hegel’s lectures and was a member of “The Free,” a discussion group that included Karl Marx, Friedrich Engels, and Ludwig Feuerbach as members. “What does right matter to me? I have no need of it … . I have the right to do what I have the power to do.”
Stirner, quoted in Kingsley 1918.
Franz Felix Kuhn (1812-1881), philologist and folklorist: “Must culture build its cathedrals upon hills of corpses, seas of tears, and the death rattle of the vanquished? Yes, it must.” Kuhn, quoted in Kingsley 1918.
Otto von Bismarck (1815-1898), in a now-famous 1862 speech: “The great questions of our time will not be settled by resolutions and by majority votes—that was the mistake of 1848 and 1849—but by blood and iron.”
Frederick III (1831-1888), German emperor and eighth king of Prussia: “All written Constitutions are scraps of paper.”[209]
Otto von Gottberg (1831-1913), writing in the newspaper Jungdeutschland-Post in January 1913: “War is the most august and sacred of human activities.” “Let us laugh with all our lungs at the old women in trousers who are afraid of war, and therefore complain that it is cruel and hideous. No! War is beautiful.”[210]
Heinrich von Treitschke (1834-1896), an influential professor of history at Humboldt University in Berlin from 1874 to 1896 and member of the Reichstag from 1871, was a rabid nationalist and saw war as Germany’s destiny which, guided by a benevolent God, would purge the nation of its sins and make it possible for Germany’s superiority to shine forth.
Otto Liebmann (1840-1912), philosopher at the newly-created University of Strassburg after the Franco-Prussian war. Strassburg was intended as a “fortress of the German spirit against France.” From the records of the Reichstag debates over the founding of the University of Strasburg:
“The German universities, resting on the foundation of freedom, are so peculiarly German an institution that no other nation, not even one racially akin, has risen to this institution, and it is for just this reason that a German university is one of the mightiest of all means of again reconciling with the motherland German racial comrades who have long been separated from her … You may believe, meine Herren, that Bonn university has done as much to defend the German Rhineland as have the German fortresses on the Rhein. (Hear hear! On the left).”[211]
Friedrich Nietzsche (1844-1900): “I welcome all signs that a more manly, a warlike, age is about to begin, an age which, above all, will give honor to valor once again. For this age shall prepare the way for one yet higher, and it shall gather the strength which this higher age will need one day—this age which is to carry heroism into the pursuit of knowledge and wage wars for the sake of thoughts and their consequences.”[212]
Nietzsche: “War essential. It is vain rhapsodizing and sentimentality to continue to expect much (even more, to expect a very great deal) from mankind, once it has learned not to wage war. For the time being, we know of no other means to imbue exhausted peoples. as strongly and surely as every great war does, with that raw energy of the battleground, that deep impersonal hatred, that murderous cold-bloodedness with a good conscience, that communal, organized ardor in destroying the enemy, that proud indifference to great losses, to one’s own existence and to that of one’s friends, that muted, earthquakelike convulsion of the soul.”[213]
Max Lehmann (1845–1929), pastor, political historian, professor at Marburg, Leipzig, and Göttingen, and member of the Prussian Academy: “Germany is the centre of God’s plans for the World.”[214]
Friedrich von Bernhardi (1849-1930), general, military historian, author of Germany and the Next War (1911): “Might is the supreme right,” and war is a “divine business,” “an indispensable factor of civilization,” and “a biological necessity of the first order.” And contrasting the French emphasis on rights of liberty and equality, Bernhardi writes of the German philosophy of duty:
“While the French people in savage revolt against spiritual and secular despotism had broken their chains and proclaimed their rights, another quite different revolution was working in Prussia—the revolution of duty. The assertion of the rights of the individual leads ultimately to individual irresponsibility and to a repudiation of the State. Immanuel Kant, the founder of critical philosophy, taught, in opposition to this view, the gospel of moral duty, and Scharnhorst grasped the idea of universal military service. By calling upon each individual to sacrifice property and life for the good of the community, he gave the clearest expression to the idea of the State, and created a sound basis on which the claim to individual rights might rest at the same time Stein laid the foundations of self-employed-government in Prussia.”[215]
Houston Stewart Chamberlain (1855-1927), English-born German author and propagandist: “He who does not believe in the Divine Mission of Germany had better go hang himself, and rather today than tomorrow.”[216]
Wilhelm II (1859-1941), third German emperor and ninth king of Prussia: “Woe and death to all who shall oppose my will. Woe and death to those who do not believe in my mission.”[217]
Otto Richard Tannenberg, author of Greater Germany, the Work of the Twentieth Century, writing in 1911: “War must leave nothing to the vanquished but their eyes to weep with.”[218]
Ernst Troeltsch (1865-1923), theologian and Neo-Kantian professor of philosophy at Heidelberg: Struggle is a test of a culture’s vital forces, in which “the fullness of contending national spirits … unfold their highest spiritual powers.”[219]
Max Scheler (1874-1928), philosopher at the universities of Jena, Munich, and Cologne, writing on the German ideology: “It would set faith against skepticism, metaphysics against science, the organic whole against atomism, life against mechanism, heroism against calculation, true community against commercialized society, a hierarchically ordered people against the mass leveled down by egalitarianism.”[220]
Thomas Mann (1875-1955), novelist and essayist, echoing the desire to eliminate the old world of bourgeois hypocrisy, thought the war would end that “horrible world, which now no longer is, or no longer will be, after the great storm passed by. Did it not crawl with spiritual vermin as with worms?”[221]
Mann, writing during the war of his pre-war days: “We knew it, this world of peace. We suffered from this horrible world more acutely than anyone else. It stank of the ferments of decomposition. The artist was so sick of this world that he praised God for this purge and this tremendous hope.”[222]
Georg Heym (1887-1912), German Expressionist poet, on the eve of World War I:
“Everything is always the same, so boring, boring, boring. Nothing ever happens, absolutely nothing. … If someone would only begin a war, it need not be a just one.”[223]
In his diary of 1911: “Most of all I would like to be a lieutenant of the cuirassiers. But the day after I want to be a terrorist.” Later that year: “without my Jacobin hat I cannot envisage myself. Now I hope that there will at least be a war.”[224]
Ernst Jünger (1895-1998), author of Storm of Steel, after returning from World War I, in which he had been wounded three times, on how defeated Germany was by the war:
We are “a new generation, a race that has been hardened and inwardly transformed by all the darting flames and sledgehammer blows of the greatest war in history.”[225]
In war, “the true human being makes up in a drunken orgy for everything that he has been neglecting. Then his passions, too long damned up by society and its laws, become once more dominant and holy and the ultimate reason.” And again: “This war is not ended, but the chord that heralds new power. It is the anvil on which the world will be hammered into new boundaries and new communities. New forms will be filled with blood, and might will be hammered into them with a hard fist. War is a great school, and the new man will be of our cut.”[226]
Describing the warrior’s entry into battle: “Now the task is to gather oneself. Yes, perhaps it is a pity. Perhaps as well we are sacrificing ourselves for something inessential. But no on can rob us of our value. Essential is not what we are fighting for, but how we fight. Onward toward the goal, until we triumph or are left behind. The warriors’ spirit, the exposure of oneself to risk, even for the tiniest idea, weighs more heavily in the scale than all the brooding about good and evil.”[227]
Oswald Spengler (1880-1936), author of The Decline of the West: “We must go right through to the end in our misfortune; we need a chastisement compared to which the four years of war are nothing. … A dictatorship, resembling that of Napoleon, will be regarded universally as a salvation. But then blood must flow, the more the better.”[228]
Otto Braun, age 19, volunteer who died in World War I, in a letter to his parents: “My inmost yearning, my purest, though most secret flame, my deepest faith and my highest hope—they are still the same as ever, and they all bear one name: the State. One day to build the state like a temple, rising up pure and strong, resting in its own weight, severe and sublime, but also serene like the gods and with bright halls glistening in the dancing brilliance of the sun—this, at bottom, is the end and goal of my aspirations.”[229]
Some commentators on Germany in the nineteenth and early twentieth centuries:
R. Kevin Hill, American historian of philosophy: “associations between Kantian duty and military experience became increasingly common in late nineteenth-century Germany, especially after the Schiller and Fichte centennials.”[230]
Friedrich Meinecke (1862-1954), German historian, writing in 1950: “The German power-state idea, whose history began with Hegel, was to find in Hitler its worst and most fatal application and extension.”[231]
American historian William Manchester on nineteenth-century Germany: “the poetic genius of the youth of Germany was saturated with militaristic ideals, and death in battle was prized as a sacred duty on behalf of Fatherland, home, and family.”[232]
Ernst Gläser (1902-1963), German novelist expressing the prevailing spirit of 1914: “At last life had regained an ideal significance. The great virtues of humanity … fidelity, patriotism, readiness to die for an ideal … were triumphing over the trading and shopkeeping spirit … This was the providential lightning flash that would clear the air [and make way for] a new world directed by a race of noble souls who would root out all signs of degeneracy and lead humanity back to the deserted peaks of the eternal ideals … The war would cleanse mankind from all its impurities.”[233]

Friday, 8 September 2017

Interesting observation on Sargon of Akkad's video.



Karen Straughan in the comments section agrees but makes this important observation:

"My concern, and I hope Sargon will address this, is as follows.

http://owningyourshit.blogspot.co.uk/2017/09/so-sargon-of-akkad-posted-this-to-his.html

Perhaps the answer to this problem lies in the West's inability or unwillingness to stand up for itself as Yaron Brook describes here 1.21.55 secs Yaron Brook at the TPA...


..combined with the reluctance to defend any moral principle in a legal climate that tolerates non-objective law.


At this point, it is probably worth recalling this analysis and solution offered by Sean Gabb:

https://www.scribd.com/document/37687664/Cultural-Revolution-Culture-War-Sean-Gabb






Sunday, 27 August 2017

Is William Legate Being Assisted By Silicon Valley in Stalking People?


Is Silicon Valley undermining its commercial future?

https://www.republicanrealnews.com/single-post/2017/08/27/Is-William-Legate-Being-Assisted-By-Silicon-Valley-Stalking-PPL

John Galt's timeless advice for defeating the enemy of mankind.

Is there a single phrase or word that is guaranteed to defeat every enemy of liberty? 
Yes - provided we use it while we still have sufficient freedom to speak out, there is such a word: it was identified by Ayn Rand and delivered by John Galt in "Atlas Shrugged" 60 years ago. 



Thursday, 24 August 2017

The Ethics of Nazism

[Letters to the press August 20th, 2003.]
If the Rev. DAVID A ROBERTSON wonders whether Hitler believed in
self-sacrifice perhaps the following quotations taken at random from vol.
I of "Mein Kampf" may answer his question:

"The readiness to sacrifice one's personal work and, if necessary, even
one's life for others shows its most highly developed form in the Aryan race."

"The renunciation of one's own life for the sake of the community is the
crowning significance of the idea of all sacrifice."

"In the German language we have a word which admirably expresses this
underlying spirit of all work: it is 'Pflichterfüllung,' which means the
service of the common weal before the consideration of one's own interests." 

"For it is a necessity of human evolution that the individual should be
imbued with the spirit of sacrifice in favour of the common weal..."

"Posterity will not remember those who pursued only their own individual
interests, but it will praise those heroes who renounced their own
happiness." 

The name of this moral corruption is altruism, an ethical doctrine which
many people today equate with benevolence. 
In reality, however, altruism is far from benevolent: it is a lethal
spiritual toxin which has fueled the destruction of countless human lives
through the elevation of something other than the individual as the very
STANDARD of evaluation.

The solution to this error isn't mysticism, irrationality and
self-sacrifice, but reason, freedom and the right to pursue one's own
self-interest.

Only one social system is compatible with such ideals: capitalism. 

And that is why capitalism is the only truly moral social system.

https://en.wikipedia.org/wiki/The_Virtue_of_Selfishness




Saturday, 19 August 2017

Paul Krugman and the heady delights of embracing contradiction.

In former times the example of finding a contradiction in someone's statements was a sign of error or deception but how times have changed. Nowadays, it seems that holding contradictory ideas at the same time is no problem. Take for example, the case of the Nobel prizewinner Paul Krugman.


Here’s Krugman on the minimum wage:

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment. This theoretical prediction has, however, been hard to confirm with actual data. Indeed, much-cited studies by two well-regarded labor economists, David Card and Alan Krueger, find that where there have been more or less controlled experiments, for example when New Jersey raised minimum wages but Pennsylvania did not, the effects of the increase on employment have been negligible or even positive. Exactly what to make of this result is a source of great dispute. Card and Krueger offered some complex theoretical rationales, but most of their colleagues are unconvinced; the centrist view is probably that minimum wages “do,” in fact, reduce employment, but that the effects are small and swamped by other forces.

What is remarkable, however, is how this rather iffy result has been seized upon by some liberals as a rationale for making large minimum wage increases a core component of the liberal agenda–for arguing that living wages “can play an important role in reversing the 25-year decline in wages experienced by most working people in America”… Clearly these advocates very much want to believe that the price of labor–unlike that of gasoline, or Manhattan apartments–can be set based on considerations of justice, not supply and demand, without unpleasant side effects.

And here is the same Mr. Krugman on the “benefits” of the minimum wage in the New York Times:

What this means, in turn, is that engineering a significant pay raise for tens of millions of Americans would almost surely be much easier than conventional wisdom suggests. Raise minimum wages by a substantial amount; make it easier for workers to organize, increasing their bargaining power; direct monetary and fiscal policy toward full employment, as opposed to keeping the economy depressed out of fear that we’ll suddenly turn into Weimar Germany. It’s not a hard list to implement — and if we did these things we could make major strides back toward the kind of society most of us want to live in.

Again in his economics books:

They also argue that because there are cases in which companies paying above-market wages reap offsetting gains in the form of lower turnover and greater worker loyalty, raising minimum wages will lead to similar gains. The obvious economist’s reply is, if paying higher wages is such a good idea, why aren’t companies doing it voluntarily? But in any case there is a fundamental flaw in the argument: Surely the benefits of low turnover and high morale in your work force come not from paying a high wage, but from paying a high wage “compared with other companies” — and that is precisely what mandating an increase in the minimum wage for all companies cannot accomplish.

And once more in the New York Times:

What’s interesting, however, is that these pressures don’t seem all that severe, at least so far — yet Walmart is ready to raise wages anyway. And its justification for the move echoes what critics of its low-wage policy have been saying for years: Paying workers better will lead to reduced turnover, better morale and higher productivity.

Tim Worstall summed up this difference as a case of “incentives” – Krugman’s books are written for economists, people who actually understood the subject whereas his column in the New York Times is aimed at those whose “liberal” ideology is rather more important than reality.


Nothing new there – ask Alan Greenspan!

Tuesday, 13 June 2017

Answering a critic of free will...

"Bissell points out that when Peikoff says, “There is no such ‘why,’” he can only mean that one is focusing without any reason. "

Who is this "one" who is apparently focusing for no reason?

There is no "one" if you split volition from man's identity.

But you cannot split man's consciousness into fragments and still  have a consciousness anymore than you can split a man's body into fragments and still have a body.

Man is a living being of volitional-consciousness.

Perhaps if Bissell read ahead to the chapter on concept-formation he would have a better grasp of free will and its efficacy.

In the meantime perhaps Bissell might care to ask himself: what makes him say what he says if not himself?

Ayn Rand on the concept of "justice." [From "Atlas Shrugged."]

'What fact of reality gave rise to the concept “justice”? The fact that man must draw conclusions about the things, people and events around him, i.e., must judge and evaluate them. Is his judgment automatically right? No. What causes his judgment to be wrong? The lack of sufficient evidence, or his evasion of the evidence, or his inclusion of considerations other than the facts of the case. How, then, is he to arrive at the right judgment? By basing it exclusively on the factual evidence and by considering all the relevant evidence available. But isn’t this a description of “objectivity”? Yes, “objective judgment” is one of the wider categories to which the concept “justice” belongs. What distinguishes “justice” from other instances of objective judgment? When one evaluates the nature or actions of inanimate objects, the criterion of judgment is determined by the particular purpose for which one evaluates them. But how does one determine a criterion for evaluating the character and actions of men, in view of the fact that men possess the faculty of volition? What science can provide an objective criterion of evaluation in regard to volitional matters? Ethics. Now, do I need a concept to designate the act of judging a man’s character and/or actions exclusively on the basis of all the factual evidence available, and of evaluating it by means of an objective moral criterion? Yes. That concept is “justice.” '

Saturday, 10 June 2017

100 times Jeremy Corbyn has sided with terrorists.

A mere 100 times Jeremy Corbyn has sided with terrorists.


  1. Invited two IRA members to parliament two weeks after the Brighton bombing.
  2. Attended Bloody Sunday commemoration with bomber Brendan McKenna.
  3. Attended meeting with Provisional IRA member Raymond McCartney.
  4. Hosted IRA linked Mitchell McLaughlin in parliament.
  5. Spoke alongside IRA terrorist Martina Anderson.
  6. Attended Sinn Fein dinner with IRA bomber Gerry Kelly.
  7. Chaired Irish republican event with IRA bomber Brendan MacFarlane.
  8. Attended Bobby Sands commemoration honouring IRA terrorists.
  9. Stood in minute’s silence for IRA gunmen shot dead by the SAS.
  10. Refused to condemn the IRA in Sky News interview.
  11. Refused to condemn the IRA on Question Time.
  12. Refused to condemn IRA violence in BBC radio interview.
  13. Signed EDM after IRA Poppy massacre massacre blaming Britain for the deaths.
  14. Arrested while protesting in support of Brighton bomber’s co-defendants.
  15. Lobbied government to improve visiting conditions for IRA killers.
  16. Attended Irish republican event calling for armed conflict against Britain.
  17. Hired suspected IRA man Ronan Bennett as a parliamentary assistant.
  18. Hired another aide closely linked to several convicted IRA terrorists.
  19. Heavily involved with IRA sympathising newspaper London Labour Briefing.
  20. Put up £20,000 bail money for IRA terror suspect Roisin McAliskey.
  21. Didn’t support IRA ceasefire.
  22. Said Hamas and Hezbollah are his “friends“.
  23. Called for Hamas to be removed from terror banned list.
  24. Called Hamas “serious and hard-working“.
  25. Attended wreath-laying at grave of Munich massacre terrorist.
  26. Attended conference with Hamas and PFLP.
  27. Photographed smiling with Hezbollah flag.
  28. Attended rally with Hezbollah and Al-Muhajiroun.
  29. Repeatedly shared platforms with PFLP plane hijacker.
  30. Hired aide who praised Hamas’ “spirit of resistance“.
  31. Accepted £20,000 for state TV channel of terror-sponsoring Iranian regime.
  32. Opposed banning Britons from travelling to Syria to fight for ISIS.
  33. Defended rights of fighters returning from Syria.
  34. Said ISIS supporters should not be prosecuted.
  35. Compared fighters returning from Syria to Nelson Mandela.
  36. Said the death of Osama Bin Laden was a “tragedy“.
  37. Wouldn’t sanction drone strike to kill ISIS leader.
  38. Voted to allow ISIS fighters to return from Syria.
  39. Opposed shoot to kill.
  40. Attended event organised by terrorist sympathising IHRC.
  41. Signed letter defending Lockerbie bombing suspects.
  42. Wrote letter in support of conman accused of fundraising for ISIS.
  43. Spoke of “friendship” with Mo Kozbar, who called for destruction of Israel.
  44. Attended event with Abdullah Djaballah, who called for holy war against UK.
  45. Called drone strikes against terrorists “obscene”.
  46. Boasted about “opposing anti-terror legislation”.
  47. Said laws banning jihadis from returning to Britain are “strange”.
  48. Accepted £5,000 donation from terror supporter Ted Honderich.
  49. Accepted £2,800 trip to Gaza from banned Islamist organisation Interpal.
  50. Called Ibrahim Hewitt, extremist and chair of Interpal, a “very good friend”.
  51. Accepted two more trips from the pro-Hamas group PRC.
  52. Speaker at conference hosted by pro-Hamas group MEMO.
  53. Met Hamas leader Ismail Haniyeh several times.
  54. Hosted meeting with Mousa Abu Maria of banned group Islamic Jihad.
  55. Patron of Palestine Solidarity Campaign – marches attended by Hezbollah.
  56. Compared Israel to ISIS, Hamas, Hezbollah and al-Qaeda.
  57. Said we should not make “value judgements” about Britons who fight for ISIS.
  58. Received endorsement from Hamas.
  59. Attended event with Islamic extremist Suliman Gani.
  60. Chaired Stop the War, who praised “internationalism and solidarity” of ISIS.
  61. Praised Raed Salah, who was jailed for inciting violence in Israel.
  62. Signed letter defending jihadist advocacy group Cage.
  63. Met Dyab Jahjah, who praised the killing of British soldiers.
  64. Shared platform with representative of extremist cleric Muqtada al-Sadr.
  65. Compared ISIS to US military in interview on Russia Today.
  66. Opposed proscription of Hizb ut-Tahrir.
  67. Attended conference which called on Iraqis to kill British soldiers.
  68. Attended Al-Quds Day demonstration in support of destruction of Israel.
  69. Supported Hamas and ISIS-linked Viva Palestina group.
  70. Attended protest with Islamic extremist Moazzam Begg.
  71. Made the “case for Iran” at event hosted by Khomeinist group.  
  72. Photographed smiling with Azzam Tamimi, who backed suicide bombings.
  73. Photographed with Abdel Atwan, who sympathised with attacks on US troops.
  74. Said Hamas should “have tea with the Queen”.
  75. Attended ‘Meet the Resistance’ event with Hezbollah MP Hussein El Haj.
  76. Attended event with Haifa Zangana, who praised Palestinian “mujahideen”.
  77. Defended the infamous anti-Semitic Hamas supporter Stephen Sizer.
  78. Attended event with pro-Hamas and Hezbollah group Naturei Karta.
  79. Backed Holocaust denying anti-Zionist extremist Paul Eisen.
  80. Photographed with Abdul Raoof Al Shayeb, later jailed for terror offences.
  81. Mocked “anti-terror hysteria” while opposing powers for security services.
  82. Named on speakers list for conference with Hamas sympathiser Ismail Patel.
  83. Criticised drone strike that killed Jihadi John.
  84. Said the 7/7 bombers had been denied “hope and opportunity”.
  85. Said 9/11 was “manipulated” to make it look like bin Laden was responsible.
  86. Failed to unequivocally condemn the 9/11 attacks.
  87. Called Columbian terror group M-19 “comrades”.
  88. Blamed beheading of Alan Henning on Britain.
  89. Gave speech in support of Gaddafi regime.
  90. Signed EDM spinning for Slobodan Milosevic.
  91. Blamed Tunisia terror attack on “austerity”.
  92. Voted against banning support for the IRA.
  93. Voted against the Prevention of Terrorism Act three times during the Troubles.
  94. Voted against emergency counter-terror laws after 9/11.
  95. Voted against stricter punishments for being a member of a terror group.
  96. Voted against criminalising the encouragement of terrorism.
  97. Voted against banning al-Qaeda.
  98. Voted against outlawing the glorification of terror.
  99. Voted against control orders.
  100. Voted against increased funding for the security services to combat terrorism.

One might almost suspect a trend.
[H/t Guido. ]