Although the topic may appear daunting, the essence of the matter is utterly simple. As a fair approximation, each international transaction, whether it be buying, selling, borrowing, or lending across a national border involves a willing party on each side—importers want to purchase goods from sellers abroad, lenders want to lend to borrowers abroad, and so forth. Each party to the transactions expects to benefit by entering into it. In a sane and just world, that would be the end of the matter.
Category: Against Leviathan
The USA—Best Not to Go There Unless You Have an Urgent Reason to Do So
The USA is simply not a welcoming place. It is a police state, and a hostile one at that. It makes virtually no attempt to distinguish potentially threatening people from ordinary people who, to anyone with a trace of brain, obviously pose no threat to national security or the personal well-being of current U.S. residents. So, be smart, amigos: don’t go there unless your have a very important reason to do so.
Tariffs, Pickpockets, and the Nationalist Snake in the Moral Grass
Protectionism, as it is misleadingly known, has always been an insider’s game, a political gambit aimed at enriching those to whom the government is especially beholden or seeks to seduce at the expense of other people. Incumbent producers who produce products on which tariffs are imposed succeed in repelling competition by force of the government’s customs officers, which is to say that they succeed in increasing their profits by force, not by offering consumers a better deal.
If Men Were Angels
Although I admit that the outcome in a stateless society will be bad, because not only are people not angels, but many of them are irredeemably vicious in the extreme, I conjecture that the outcome in a society under a state will be worse, indeed much worse, because, first, the most vicious people in society will tend to gain control of the state and, second, by virtue of this control over the state’s powerful engines of death and destruction, they will wreak vastly more harm than they ever could have caused outside the state.
Immigrants and Socialistic Ideologies
I am sick unto death with hearing the argument that if large numbers of immigrants, especially Mexicans and Central Americans, are admitted to the USA, they will bring with them their “socialistic” ideologies, vote en masse for Democrats, and hence destroy the free economy and society in the USA. It’s a terrible idea for several reasons.
An Attempt to Insult and Humiliate Mexicans
Suppose the Canadians were to build a wall to keep Americans out of their country, making it clear that Americans are simply not decent, productive, peaceful people and therefore the fewer of them who enter Canada the better. Might Americans take justifiable offense at such treatment? Why does anyone imagine that Mexicans feel any differently?
Hate Corporations and Love Governments; An Ideological Monstrosity
The combination “hate corporations/love governments” has to be one of the most bizarre ideological monstrosities of the past 150 years. It seems that people in general are utterly incapable of recognizing real threats and distinguishing them from threats that are inconsequential by comparison or actually not threats at all. Ideology’s power to blind people and twist their understanding is truly astonishing.
Ideology, Identity, Solidarity, and Collective Action
The interrelated complex of ideology, identity, solidarity, and collective action form the ground level in fruitful social analysis. Leaving out this complex, as both mainstream and Austrian economists usually do, means that one sacrifices the opportunity to understand what otherwise seems inexplicable or gets explained only by bizarrely twisting the standard model. At least, so I have argued since the early 1980s, most fully in chapter 3 of Crisis and Leviathan, but with some elaboration and many applications in later works.
Fake News, Fake Politics, and Fake Policy
Fake news is as old as news itself. Political reporting in particular has always served as a tool of those who hold or seek to gain a grip on power. Respectable news sources, such as the New York Times and the Washington Post, are not and never have been strangers to the distribution of false, twisted, or selectively partial and slanted reports. Less prestigious news outlets have also played the game. Perhaps the only new development on this front recently is the use of the Internet to spread fake news quicker and farther than the old media could. The news cycle revolves constantly now, and hence news, true and false, is placed before the public on an instant, worldwide scale as never before.
The Season of Giving and the Economic System that Fosters Great Generosity
Christmas will soon be here, and preparations for this holiday are proceeding apace. People are buying gifts for family members and friends and making preparations for great feasts at which family, friends, and other loved ones will gather to share the joy and love of the occasion.