Corporatism

English libertarian Sean Gabb, Director of the Libertarian Alliance, has just published an excellent book review of Ian Milne’s Time to Say No: Alternatives to EU Membership. It’s appended below.

This little review is chock full of great insights. He explains that the EU, while it does not really infringe UK sovereignty–”this country is governed from London, and by our own ruling class–has “help[ed] make the exercise of power by this ruling class less accountable.” He gives the example of metrification foisted on the country in 1995. Gabb points out that the British Government ignores other EU directives when it wants to (Gabb gives examples). But when it enacts a law based on an EU directive, it provides cover for the politicians who can just point to the EU and blame it on them. This allows special interest groups like the big four supermarkets to lobby the state to pass laws that harm smaller competitors, and the politicians to be absolved of blame by pointing to the EU Directive they “have” to enact (even though the ignore others). The larger grocery stores can afford the expense of retraining but hobble smaller grocery stores.

This is yet another example of how big businesses are actually in support of supposedly “anti-business” regulations since it helps to protect them from competition. Rothbard has pointed this out many times as I note in this post.

By the way, I recommend Gabb’s novel The Churchill Memorandum and also his excellent Literary Essays, both linked at his site. About the latter book I wrote the following for a back cover blurb: “Libertarians have sound ideas but are not always great writers, and are not usually authorities on literature and literary matters. Rarer still is the literary essayist who is not confused or ignorant about politics and economics. It is thus refreshing to encounter Sean Gabb’s literary writing. A long-time libertarian activist and writer who is also a superb novelist and literary essayist, an honest and clear writer, he is our modern libertarian man of letters. This splendid and sparkling collection of essays provides fascinating insights into literature and other literary topics, without the typical leftist baggage and economic illiteracy.”) [Keep reading…]

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Auburn, Alabama, experienced some tornado damage the other day, and the place was just a mess. Trees were down. Houses had collapse. Fences were in tatters. Yards were trash heaps. The damage was not major by any standard but there was plenty to do in the wake of this one.

As happens, enterprise was there to make a buck fixing things up. Contractors came from all states in all directions. The unemployed suddenly had work. Skills that had been dormant were suddenly needed. This isn’t the Broken Window fallacy; it is just a reality that new kinds of work needs to be done and enterprise jumps at the chance. Good for enterprise and good for those who need help repairing the damage.

So get this. The following note appeared in my inbox this morning, from the Chamber of Commerce:

The chamber would also like to remind those of you who have damage to your personal property to ask for proof of a license to do business in Auburn as you are negotiating with contractors and other businesses for cleanup, roof repair and other services. Additionally, we as a chamber encourage you to use your local chamber members first. For your convenience we have provided you with a list of chamber members who could offer their service to you.

What’s the priority? Getting the job done or preserving the cartel of favored businesses? We know where the Chamber stands.

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  • There is no such thing as a risk-free return
  • There is no such thing as a perfect hedge
Courtesy of Coyote Blog.
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Don’t These Uppity Negroes Ever Get Tired of Being Uppity?

by Wilton Alston October 20, 2011

I’ve written on the phenonenon before, most recently, while examining the trite hate-fest that pretends to be media coverage surrounding LeBron James. And frankly, I’ve found myself disagreeing with Bryant Gumbel on a number of salient points throughout these discussions. This time though, Gumbel is on-point. Recently he made these comments, regarding the NBA Lockout and how [...]

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Is Paul Krugman stupid, or just dishonest?

by Brian Martinez September 26, 2011

It seems that Nobel Prize-winning economist and reliable regime apologist Paul Krugman thinks he can wave away the Solyndra scandal with a reference to an iconic business failure from the dot-com era: But it is indeed a terrible scandal, because the private sector never ever puts money into ventures that end up failing: He then [...]

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Mimi & Eunice: Let’s Make More Regulations!

by Nina Paley July 21, 2011

[Here's another departure from our usual syndicated Mimi & Eunice content. It's not strictly IP-related, but it was too good to pass up, dramatizing as it does the simultaneously comical and frustrating disconnect that most people have with regard to problems and solutions involving government. -- GAP] ~*~ This is post originally appeared at Mimi and [...]

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The Chutzpah of the “Do Something” Crowd

by Isaac Bergman May 3, 2011

Supporters of free markets are often attacked for their “Do Nothing Principle” position, which tends to deeply upset policy wonks and media talking heads alike. Obviously this is buncombe, and to the contrary it is these would-be do-somethingers who are intellectually or ideologically incapable of grasping the sweeping scope of necessary changes that free market advocates [...]

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