Category Archives: Economics

A Failed Commune

How it gave us Thanksgiving:

I’m often asked why our current leadership class forgets the lessons of the past so often. They are, after all, very smart men and women. Don’t they know that collectivism will fail?

No, they don’t. Not anymore. For much of our history, our leaders were educated in the principles which were to help them avoid errors once they have joined the ruling class. They studied to learn how to not misuse power. Now our leaders learn nothing of the dangers of abusing power: their education is entirely geared to its acquisition. All of their neurons are trained on that one objective – to get to the top. What they do when they get there is a matter for later. And what happens to the country when they’re done with their experiments is beside the point: after all, their experiments will not really affect them personally. History is the story of the limitations of human power. But the limits of power is a topic for people who doubt themselves and their right to rule, not the self-anointed.

It’s always worth a reminder this time of year (and particularly in light of the disastrous recent election) that socialism doesn’t work.

Also, giving thanks for a free market (to the degree it still exists), and the absence of a turkey czar.

Carbon Emissions Reductions

The U.S. leads the world in them, but don’t tell anyone:

Efforts to curb so-called man-made climate change had little or nothing to do with it. Government mandated “green” energy didn’t cause the reductions. Neither did environmentalist pressure. And the U.S. did not go along with the Kyoto Protocol to radically cut CO2 emissions. Instead, the drop came about through market forces and technological advances, according to a report from the International Energy Agency.

…”It’s good news and good news doesn’t get reported as much,” John Griffin, executive director of Associated Petroleum Industries of Michigan, said of the lack of reporting about the CO2 reductions. “The mainstream media doesn’t want to report these kinds of things.”

Doesn’t fit the narrative.

Tribal America

Some depressing thoughts on our demographic demagogued destiny, from Mark Steyn:

The short history of the Western Hemisphere is as follows: North America was colonized by Anglo-Celts, Central and South America by “Hispanics.” Up north, two centuries of constitutional evolution and economic growth; down south, coups, corruption, generalissimos, and presidents-for-life. None of us can know the future. It may be that Charles Krauthammer is correct that Hispanics are natural Republicans merely pining for amnesty, a Hallmark Cinco de Mayo card, and a mariachi band at the inaugural ball. Or it may be that, in defiance of Dr. Krauthammer, Grover Norquist, and Little Mary Sunshine, demographics is destiny and, absent assimilationist incentives this country no longer imposes, a Latin American population will wind up living in a Latin American society. Don’t take it from a right-wing bigot like me, take it from the New York Times. In 2009, Jason DeParle filed a story about suburban Maryland, in which he helpfully explained the municipality of Langley Park to Times readers:

Now nearly two-thirds Latino and foreign-born, it has the aesthetics of suburban sprawl and the aura of Central America. Laundromats double as money-transfer stores. Jobless men drink and sleep in the sun. There is no city government, few community leaders, and little community.

Golly. You’d almost get the impression that Mr. DeParle thinks that laundromats doubling as money-transfer stores, jobless men drinking and sleeping in the sun, and dysfunctional government are somehow characteristic of Central America. That sounds awfully judgmental for a Times man, no?

Immigration, multi-culturalism, democracy. Pick any two.