Home » Posts tagged 'Government Intervention'

Tag Archives: Government Intervention

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Can We Escape Control of The Wire?

Can We Escape Control of The Wire?

“He’ll See Everything!  He’ll See the Big Board!
— Dr. Strangelove

What is The Wire?  

Why is it so important?

Who controls it?

Answer those three questions and you can answer a number of problems plaguing our world today.

The Wire is simply a metaphor for the transmission of information.  The Wire takes many forms.  And if you aren’t sure whether something is The Wire just ask if you have control over it or not.

The Internet?  The Wire.

Electricity?  The Wire

Roads?  The Wire.

Media?  The Wire.

Money?  The Wire.

In short, The Wire is the main conduit through which we communicate with each other.  Money?  Really?  Yes, really.  What are prices if not information about what we are willing to part with our money in exchange for?

Without The Wire modern society fails.  So, government can’t shut it down but neither can it allow unconstrained access to it.

Electricity, commerce, communications, everything, goes over The Wire.  

This isn’t a radical concept but like all important ideas, once it is presented to you you can’t unsee it.

But, identifying The Wire isn’t the important thing.  What’s important is knowing who controls The Wire and what they are willing to do to maintain that control.

If you look at all of the things listed above you will see massive government intervention into these markets.  They need control of them to maintain the illusion they have control over you.

They sell you on the idea that speech, speed, education, commerce, defense, information, etc.  all need to have sensible limits placed on them.  But do they really or is this just yet another example of some jackass talking his book?

…click on the above link to read the rest of the article…

How Mises Explained the Fall of Rome

How Mises Explained the Fall of Rome

An excerpt from Mises’ classic work, ‘Human Action’.

Observations on the Causes of the Decline of Ancient Civilization

Knowledge of the effects of government interference with market prices makes us comprehend the economic causes of a momentous historical event, the decline of ancient civilization.

It may be left undecided whether or not it is correct to call the economic organization of the Roman Empire capitalism. At any rate it is certain that the Roman Empire in the second century, the age of the Antonines, the “good” emperors, had reached a high stage of the social division of labor and of interregional commerce. What brought about the decline of the empire and the decay of its civilization was the disintegration of this economic interconnectedness.

Several metropolitan centers, a considerable number of middle-sized towns, and many small towns were the seats of a refined civilization. The inhabitants of these urban agglomerations were supplied with food and raw materials not only from the neighboring rural districts, but also from distant provinces. A part of these provisions flowed into the cities as revenue of their wealthy residents who owned landed property. But a considerable part was bought in exchange for the rural population’s purchases of the products of the city-dwellers’ processing activities. There was an extensive trade between the various regions of the vast empire. Not only in the processing industries, but also in agriculture there was a tendency toward further specialization. The various parts of the empire were no longer economically self-sufficient. They were mutually interdependent.

What brought about the decline of the empire and the decay of its civilization was the disintegration of this economic interconnectedness, not the barbarian invasions. The alien aggressors merely took advantage of an opportunity which the internal weakness of the empire offered to them.

…click on the above link to read the rest of the article…

The Illusion of Free Trade

The Illusion of Free Trade

The current trading system was never free; Trump’s tariffs merely change who gets what

The backlash from popular media and the affected countries’ politicians blames Trump for ruining the beautiful “free trade” system built up around the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT).

As with anything Trump says or does, it’s important to step back and look at the bigger context he’s acting within.

Not Free

The first big-picture news flash is that neither the WTO nor the GATT was “free.” Free trade is trade without government intervention.

One country or industry may produce and export a lot of steel, but if it doesn’t get any subsidies and doesn’t have protective import tariffs, then it deserves to capture global market share because it’s the most competitive. It uses the locally given resources of labor and capital in the most productive way.

Another country may be the best in producing solar panels, making it the world leader in solar panels. The two countries can swap steel and solar panels and balance their trade, with each country doing what it does best.

…click on the above link to read the rest of the article…

The Government Has Been Meddling in Food and Nutrition for a Long Time

The Government Has Been Meddling in Food and Nutrition for a Long Time

For over a century, the federal government has had its hand in shaping what we eat in a multitude of ways, usually to bad effect.

Government intrusion is often obvious. We know when government taxes our income, stops us from using our drug of choice, or when they kick down our door and throw us in a cage. But sometimes, government actions are more subtle and confusing. It is often tempting to blame industry alone for the failures in the market and to ignore the substantial – but often less visible – role that government plays in regulating different markets. From the housing crisis and its relationship to banking to healthcare and sky-high costs, this tends to ring true. When it comes to food, nutrition, and its impact on health, blame is often allocated to the market by the uninformed individual.

The average person tends to vaguely understand the issue. They probably know a bit about farm subsidies, taxes, and the Food Pyramid. However, they most likely don’t understand the level at which government regulates our food. There is a long and storied history of government agriculture policy, import tariffs, food quotas, shoddy science guidelines, and regulation, all of which gets passed over for more obvious scapegoats such as the market and corporations.

Regulatory Agencies

The USDA was started under Lincoln in 1862.

There are two main agencies that regulate food in the U.S; the Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA.) Both are charged with overall food safety nationwide. But the distinction in jurisdictions is often incredibly confused, with both agencies regulating different aspects of the same foods. For example, the FDA manages the feed chickens eat, but the actual chicken facility falls under USDA jurisdiction.

…click on the above link to read the rest of the article…

This Is What a True Liberty-Loving Politician Would Look Like

This Is What a True Liberty-Loving Politician Would Look Like

What would a real friend of freedom say if he was offering himself for political office?

In modern democracies, political cycles never end. As soon as one election is over, those seeking office are already running for the next election. Having recently attended a public forum of state-level candidates looking to the 2018 election, I wondered what a real friend of freedom might say if he was offering himself for such a political office.

Liberty Rhetoric, But Interventionist Policies

At a luncheon event several candidates running in the forthcoming Republican Party primary in South Carolina made their pitch as to why they should be their party’s nominees for state legislative offices in the next general election. They answered questions submitted by attendees at the lunch and made opening and closing statements about who they were and what they stood for.

They all clearly believed that growth needed to be harnessed within “reasonable” rules and regulations.

Not too surprisingly they all, in their respective ways, said they were “pro-business,” advocated lower taxes, a freer enterprise market environment, greater transparency, and more accountability for those in power in the state capital.

Why did each say they were running for elected office? They all had been in business but now wanted to “give back” and “serve” their communities.

What were major themes in many of the questions directed at them? South Carolina is a growing state where international corporations are opening more manufacturing facilities, and, as more people move to the Palmetto State, it has an increasing population to match. Those who submitted questions wanted to know what the candidates would do, if elected, to improve and widen road infrastructure to reduce increasing congestion, and how they would “manage” growth in the state?

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress