Roving Bandit, Stationary Bandit, and Income Tax

When a mugger or a home invader accosts you, he points a gun at you or waves a knife in your face and demands your wallet or some other property. In most cases, if you surrender your property to him as he demands, he takes it and flees, and you will most likely never see him again. He is, in the classic phrase, the roving bandit. In contrast, the state is, in Mancur Olson’s classic term, the stationary bandit.

A Great Deal of Ruin

Probably the only thing that keeps a country from going full-frontal totalitarian at once is that the negative economic effects of the government’s actions can take such a toll that people begin to give some weight to that consideration, even though they rarely see through any of the grasping, brutal programs the government carries out, even the most ruinous ones.

Definitely Not a Nazi

Maybe there’s more smoke than fire here — after all, the news media love things that are bizarre, ugly, and outrageous — but it does seem that during the past year or so, a lot of white guys who formerly identified themselves as libertarians have put on their Klan garb and picked up their tiki torches, if only symbolically on social media and their obscure podcasts, and proclaimed their Nazism so that all the world will witness their villainy and quake at the sight of their monstrous stupidity.