reflections of a pragmatic optimist, lover of freedom

Category: Economics (Page 5 of 8)

Published a New “Quotes” Page

I’ve made a habit, for some years now, of collecting quotes that strike me as profoundly insightful or interesting, probably for all the same reasons that others do — for the keenly focused insight and concise expression of ideas they offer, as well as the inspiration and distilled wisdom they can call to mind on a moment’s notice.

Having recently sifted through the assortment of text files where I’ve been gradually stashing these hand-selected quotes away, I’ve assembled the best of them into a new “Quotes” page that I invite you all to visit.

The topics include Liberty & Economics, Cultural Confidence, War, and keeping Perspective. I hope my readers will draw as much enjoyment from them as I have.

UPDATE 2010-02-08: I’ve added several more selected gems, dug out of a handwritten journal I’ve kept off and on since September 2002. Enjoy!

“The Lost Generation”

I have a bad habit of responding to e-mails that I should probably just let slide, as I did again yesterday when this YouTube video was enthusiastically recommended by a relative as “brilliant”. Below is my [diplomatic but fairly direct] reply. Is it just me, or does the tone of this thing bother anyone else?

Thought-provoking video!

I like the clever trick of reversing the words, but it’s hard for me to know what to make of the content, since it seems deeply cynical about the way things are now, and the priorities it appears to disparage are in many ways my own. Both work, as a means of achieving and striving to advance one’s art, and family life are important to me, in balance. Do I have to choose only one? (Interesting that the narrator’s voice sounds female; I wonder, would some object to the seeming implication that she should choose family life over work as the approved-of right thing?) Further, does choosing to focus my considerable efforts on my own life’s aspirations and my family’s well-being and happiness, instead of in some public sector endeavor (is that the implication of “changing the world”?), really make me “apathetic” and “lethargic”? I do not feel “lost” at all, but very much in my element doing exactly what I want and need to be doing, and what is also most likely to contribute something useful to the world.

Money isn’t the most important thing, but it’s a useful means of exchange, and a seemingly indispensible means to an end of achieving the life one wants. Maybe put differently, it certainly isn’t the most important thing … until one doesn’t have enough of it — then it can of course become painfully important. Family comes before money for money’s sake, to be sure, but it would hard to raise a family and realize one’s hopes for them without some measure of it.

I also think we can become better caretakers of the planet without having to beat ourselves up excessively over the things we do and the resources we use to do them. (Seems almost like the ideas of original sin, guilt, and the need to atone for our perceived offenses are deeply embedded in the human mind, even when not expressed in a religious context?) I like the aspiration to do things better and more wisely and efficiently, but that kind of gloomy approach always bothers me.

I do generally agree, and have said so before myself, that many of the essential ingredients of true happiness come from within. Maybe that is the key take-home point that I’m missing in getting hung up on all the rest leading up to it? If nothing else, hearing another’s perspective articulated can help to clarify things one takes for granted about one’s own. Thanks for the interesting video!

I think there’s more troublesome stuff in this that I missed commenting on too. The implication of “work”, for example, seems to be of something that takes unreasonably from one without giving back, rather than being an opportunity to pursue genuinely worthwhile goals and ambitions that produce reward (monetary, spiritual, and in my field technological) for yourself and others.

Guess I’m just glad I’m nowhere near that cynical?

Update: I just noticed that the creator of this clip is apparently still in college, so presumably hasn’t experienced having a career of any kind yet, let alone a fulfilling one. Maybe that explains the focus on money issues instead of achievement and fulfillment?

Another Call for World Government

Via Drudge: Gideon Rachman in the London Financial Times (emphasis mine):

Even in the EU – the heartland of law-based international government – the idea remains unpopular. The EU has suffered a series of humiliating defeats in referendums, when plans for “ever closer union” have been referred to the voters. In general, the Union has progressed fastest when far-reaching deals have been agreed by technocrats and politicians – and then pushed through without direct reference to the voters. International governance tends to be effective, only when it is anti-democratic.

And yet, the author seems nonetheless to favor the idea, both throughout the article and in his closing:

The world’s most pressing political problems may indeed be international in nature, but the average citizen’s political identity remains stubbornly local. Until somebody cracks this problem, that plan for world government may have to stay locked away in a safe at the UN.

Pesky, provincial voters! Where is their vision? Clearly there’s a need for someone to “crack this problem”. The will of the unwashed masses can’t possibly be allowed to stand in the way of global progress.

The most frightening thing about the idea of a single world government is precisely what gives it such appeal to those who would see themselves in positions of power within it: There is no escape (short of a rocket ride to an as-yet-nonexistent off-Earth colony, and who knows even then what the governing arrangement with the mother planet will be?). Don’t like the regulatory climate, taxation scheme, or laws abridging free speech or free exercise of religion where you are? Tough. That’s the way it will be, everywhere.

Thanksgiving Thoughts

…of others — still just as relevant the day after:

Victor Davis Hanson: “Some Random Politically-incorrect Reasons to Be Optimistic on Thanksgiving Day”. (Appreciation of dedicated pilots and the wonder of air travel hardly seems “un-PC”, but I suppose his other points qualify.)

Bill Whittle celebrates the life of a friend recently lost.

Neo recalls a Thanksgiving spent alone, in “Thanks for the burger, but no thanks”. (I’ve been there!)

When giving becomes a crime

Roger Kimball on a ridicule-worthy legal absurdity in Strasburg, Illinois:

On one side you have these preposterous petty tyrants (in the case of IDOL, they’re called “conciliators”–how George Orwell would have like that!) armed with the power of the state, on the other side you have individuals and local communities endeavoring to stand on their own two feet and live their lives without “bailouts” and unmolested by state interference.

But such autonomy is the one thing these miniature despots can’t abide. They don’t want people to be independent. They don’t want local communities to take care of their own needs. They want to meddle. They want to be the sole source of sustenance and labor–and they want to do it, of course, on their own terms, enforcing their own requirements for who gets to work, when, under what conditions, and how much they are paid. This, as Friedrich Hayek observed, is the road to serfdom.

“Party of Privilege”

John Agresto at NRO, courtesy of Ed Driscoll:

This, by the way, is why Sarah Palin was so refreshing and, to be clear, so exotic to all the elites: a woman who could raise herself up by dint of hard work and self-sacrifice to be a wife, mother, mayor, and governor. She didn’t do it by set-asides, by birth, by quotas, or by handouts. She did it as a woman and she did it by her efforts. She exemplified what we all once saw as America—a land of opportunity, where you could be anything you set your mind to be so long as you worked for it. She showed us something about both her character and ours, our old-fashioned American character. For all this, she had to be ridiculed—she represented a kind of American virtue that shames the privileged, whether they be rich or poor.

But maybe we as a party have boxed ourselves in. We believe that prosperity will trickle down from the success of the prosperous and we believe (or have been shamed into believing) in the superior moral status of those whose only job is always to ask for more. But the shiftless have no greater moral claim than others, and prosperity doesn’t always trickle down from the top. It wells up from the efforts of the working classes, the middle classes, the builders, doers, and makers of America. And it’s not just small-business owners who are the backbone of America but the clerks and sales people and night watchmen in those businesses.

The poor knew Obama was on their side, and the liberal rich were always in his camp. (If it’s simply “the economy, stupid,” and not culture and values, then why does Connecticut always vote Democratic and West Virginia not?) No, the strange thing was that the party of self-reliance, of initiative, of productivity and hard work, the party of cops and soldiers, firemen and farmers, hunters and ranchers—the party of ordinary American virtue, not privilege—allowed itself to look like the party of big oil and bailouts. How bizarre it was to see a plumber trying to come to our rescue and tell us what to say; but it was already too late.

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