Live and Let Die

(Austrian) Economics, Health Care, The Right, Vulgar Politics
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A schoolmate of mine, a Christian conservative, once insisted that the reason our public school teachers informed us about Eskimos leaving their aged on the ice to die was to prepare the way for doing something similar to our oldsters.

That seemed like quite large dose of paranoia, to me. After all, also in public school we learned that Aztecs cut the hearts out of those they sacrificed to their gods. The pyramid steps of Teotihuacan ran red with blood. We were told this, I thought, because it was true. Could there have been an organ harvesting agenda behind the history lesson?

Seemed unlikely.

Before asserting a major conspiracy, it strikes me as worth addressing, openly, all aspects of the problem that might give birth to such concerns. Was euthanasia of the elderly in the future? Probably only when I get old, I thought, darkly. But seriously, why would it be considered?

Because of the expense, of course.

But whose expense?

This is lightly touched on in Thomas Sowell’s recent column, “A ‘Duty to Die’?”

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TLS Podcast Picks: The Disrupters on Google Tablet and Online Office

Anti-Statism, IP Law, Podcast Picks, Racism, Technology, The Basics
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Recommended podcasts:

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“The plan’s perfect… it will work this time”

Drug Policy, Immigration, Police Statism, Victimless Crimes, Vulgar Politics
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Back when Barack Hussein Obama won the Nobel Peace Prize for telling the Armenians to get over it (genocide at the hands of the Turks), I cautioned that “The continuing collapse of Western Civilization is going to produce a multitude of similar ridiculousnesses, so be prepared.

Well, today I watched one such unintentionally hilarious (and notably revolting) “ridiculousness”: a John McCain television ad encouraging completion of “the danged fence.” In case you haven’t seen it or you have but want another snicker at McCain’s expense, here it is:

I often wonder the process by which commercials and political ads with such phony, contrived premises are approved for release to media markets. Does anyone really take seriously an actor dressed in doctor’s garb explaining the health benefits of the drug he or she is touting? Is this ridiculous, pretend, scripted conversation between McCain and some (possibly authentic) jack-booted tax leech any different? I picture some advisor or media consultant pitching the idea to his team, and instead of being laughed out of the room, those around the table exclaim, “Oh yeah! That will work!” and the project leader green-lights it with a confident “Let’s make it happen!” Somehow the commercial makes its way past the politician’s consultants and advisors without being vetoed, and finds itself in front of a focus group which… responds favorably? Unbelievable. I find such ads insulting prima facie. The contrived nature of the commercial combined with the claim that “the plan’s perfect” and “it will work this time” comprise its “hilarious” aspect.

The revolting aspect, of course, is the call to militarize the border (with National Guard troops), add another 3000 Border Patrol Agents, and wall up the border. This “perfect plan” fits with what I warned about in this post, specifically:

If there is one thing every libertarian should know about government it’s that government cannot efficiently or effectively perform any “service” without resorting to totalitarian police-statism. When the government minimizes costs (don’t laugh), it performs at woefully substandard levels. Think of the levees around New Orleans which failed during Hurricane Katrina, for instance. For adequate quality of service, for instance the Hoover Dam or those stretches of elevated interstate cutting through the marshes and swamps of Louisiana (very fine work), the government has to overpay enormously. The systemic defects inherent in government bureaucracy cannot be overcome, as they are due (mostly) to the absence of a profit motive. The government simply cannot provide quality services at market prices; often, the government cannot provide quality service at any price. What the government can do, however, is provide brutality very cheaply, for a while.

This isn’t to say that the United States doesn’t have an immigration problem. It does; or rather, it has a problem which the mass-invasion of the Mexican lower class exacerbates, namely the massive welfare state. “Fighting immigration” is simply another misguided, alleged “solution” to yet another unintended consequence of government interventionism. It’s stunning that Americans haven’t learned how dangerous it is to empower the government to “make them safer”, given the War on Drugs, which has left the Bill of Rights decimated, led to the incarceration of more citizens than any other country (both nominally and per capita), and taken the lives of many innocent people and their pets:

It’s certainly delusional to believe that militarizing the border won’t lead to similar atrocities — violations of person and property — and for what? All this so that the insidious welfare state doesn’t have to be dismantled? How sad.

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Don’t Bet on China

Business Cycles, Mercantilism, Protectionism
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China is widely viewed as a “threat” to the US because of its perceived rapid and unstoppable economic growth. This is, in my view, doubly confused. First: if the premise were true, this would be good, not bad. Second: I don’t think China is in such great shape. Unfortunately.

Some free market economists think otherwise. Peter Schiff “predicts that China will overtake the U.S. in terms of Gross Domestic Product before 2020.” Jim Rogers thinks “China will likely constitute tomorrow’s most powerful nation-state.”

I’ve been working for years now for a company with factories and extensive dealings in Taiwan and China. It’s been my opinion for some time that China is a primitive basket case. Land is leased, not owned. The communist party corruption is everywhere. The Asian mentality is far different than the western one; they are less innovative, more subservient and servile, more order-following, more collectivist and less individualistic. Poverty and peasantry are rampant. Asians are far more racist and superstitious than Americans (everyone is more racist than Americans in my experience). You have to get permission for everything. There are currency controls. Contracts are not respected–they are signed because they are viewed as red tape and then they start being renegotiated the next day. And on and on.

In my view, America is, for all our faults, still, by far, the strongest and best large economy in the world. Who can match the US? Canada is too small. Japan is not quite our size and has its own problems. Europe is like an older, more kleptocratic version of the US–and is probably second best in the world. South America is a basket case of banana republics. Africa is even worse. Russia and Central Europe?–mired in pessimism and corruption and the tendrils of the wreckage of communism. Of the rest, I think India has a better chance than China, for two reasons: they speak English, and they inherited the English property rights system–unlike in China where you still have to lease land from the state for 50 years instead of buying it. And I think India is a basket case too, unlikely to improve much for many decades. So the US is and will remain preeminent, in my view–despite all our problems. (See also Jonathan Bean’s America’s Hidden Strength: Babies, Immigration; Joel Kotkin, Why America Will Still Lead the World in 2050, Reason.tv; David Brooks Relax, We’ll Be Fine (News of America’s death is greatly exaggerated. In reality, the U.S. is on the verge of a demographic, economic and social revival); and Glimmers of Hope (The fiscal future of the developed world looks bleak, but the British coalition should give us hope.) Unfortunately, this will allow our parasitical state to maintain its warfare-welfare state (see my post Hoppe on Liberal Economies and War).

An American friend of mine living in China sent me some of his thoughts, which I provide, with editing, and anonymously, below:

China is [screwed], I tell you. This place is one big pile of poo. Jim Rogers and Peter Schiff are wrong, at least about China. Jim Chanos is right! [See also Jim Rogers: China not in a bubble, Chanos couldn’t spell China; China May ‘Crash’ in Next 9 to 12 Months, Faber Says. Also note: Mark DeWeaver, who has written for the Mises Institute before, recently gave a speech about Chinese monetary policy.  There’s some interesting meat in both the audio and corresponding slides.]

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