Quotulatiousness

March 22, 2013

This week in Guild Wars 2

Filed under: Gaming — Tags: , — Nicholas @ 11:53

My weekly Guild Wars 2 community round-up at GuildMag is now online. Lots of anticipation for the big March WvW update, a minor armour aesthetics issue on my mesmer, and the usual assortment of blog posts, videos, podcasts, and fan fiction from around the GW2 community.

Nick Gillespie on Libertarianism

Filed under: Liberty, Media, Politics — Tags: , , , , — Nicholas @ 10:24

Katy Bachelder interviews Reason‘s Nick Gillespie:

What do you see as the primary policy goal of libertarianism?

Things that move us toward decentralization of power. The way I used to talk about it when Windows was still a dominant operating system is that the way a computer operates, what you want is an operating system that allows as many different apps to run at the same time without crashing the system. That’s what classical liberalism really does.

How do you think libertarianism as a third party helps achieve those goals?

I’m not particularly interested in electoral politics. Where I think public choice economics is hugely important is what it asks is not simply what the rhetoric of people is, but what are the outcome of their actions. In that way, it gets to what actually matters as opposed to people sprinkling magic words. It’s amazing how much slack people will give if you say the right words as you’re repressing them.

Libertarianism is a pre-political attitude. It can inform you if you’re in the Republican Party or the Democratic Party or the Libertarian Party. It can express itself in a lot of different ways, like through Jimmy Carter, who is the great deregulator of the American economy, not Ronald Reagan. He deregulated interstate railroads, trucking, airlines. That all happened under Jimmy Carter and he was abetted in it by people like Milton Friedman. Libertarianism is an impulse, not a set of beads on a string.

[. . .]

Hillary Clinton just endorsed gay marriage. What do you think is the future for that issue?

I think gay marriage is over as an issue. When you look at public opinion polls about gay issues, the moral approbation toward the issue has faded. The larger questions are: what is the connection between the state and individual choices? It’s as big of a deal as it is because the state is involved in bestowing certain benefits such as tax incentives. I think what we’re starting to see is that if you want to live in a society that is truly pluralistic and tolerant, and that doesn’t mean everyone agrees every lifestyle is morally valid, but just tolerant, then we have to start shrinking the scope and the size of the state. The state should recognize all people as equal.

QotD: Battening down the (free speech) hatches

I have to confess, as an ignorant inhabitant of North America, that I don’t really understand the current press scandal in the U.K., and I was hoping that perhaps someone could enlighten me.

As I understand it, a number of members of the press committed crimes in the course of gathering material for stories — that is, they committed acts that were already illegal, and which already carried substantial penalties.

It would therefore seem that preventing such acts in the future would require nothing more than diligently enforcing existing law.

I’m therefore curious as to what purpose is articulated for ending freedom of expression in the U.K.

Is it claimed that the laws were not being enforced before on the powerful? Then surely the new restrictions on freedom will be selectively enforced as well, with only the weak being stifled. (That is, of course, universal — the powerful never need permission to do anything. Freedom is a protection for the weak, the strong need no protection.)

Is it claimed that performing criminal acts was somehow insufficiently illegal? Is it claimed that the existing laws against criminal conspiracies are not already broad, vague and all-encompassing?

Perry Metzger, “Doubly-illegal acts”, Samizdata, 2013-03-21

Explaining the title of this post:

Daffy Duck: “Batten down the hatches!”
Bugs: “We did batten ’em down!”
Daffy: “Well, batten ’em down again, we’ll teach those hatches!”

The plight of the NDP in their ancestral homeland

Filed under: Cancon, Politics — Tags: , — Nicholas @ 08:44

Colby Cosh looks at the long road back for Saskatchewan’s NDP, which bestrode the province like a Colossus for a political eternity but is now a peripheral player:

These are hard times for the New Democratic Party in Saskatchewan — the party’s ancestral wellspring, the mecca it faces at prayer. Not so long ago, the NDP’s provincial leader was typically, by virtue of his office, the second-most prominent figure in the movement nationwide. Typically, that is, when he wasn’t in first place. And the New Democrats had the kind of sweet corner on Saskatchewan’s legislature that the Liberals had on the Dominion’s. From 1942 to 2009, every leader of the provincial party also served as premier at least once.

But the winner of the Saskatchewan NDP’s March 9 leadership tilt, Cam Broten, takes charge with the benefits and the burdens of low expectations. Broten now commands an Opposition of just nine members to the government’s 49, and Premier Brad Wall’s approval ratings are the envy of Confederation.

Broten, the 35-year-old MLA for Saskatoon-Massey Place, ran on a platform that was light on ideological tub-thumping and heavy on plans for rebuilding the NDP’s political institutions. Like the Progressive Conservatives in Alberta, the New Democrats had grown too dependent on the voters’ total psychological identification of the party with the government, and were perhaps not careful enough to ensure that the former could thrive if detached from the latter. Two years of drama at the Ottawa level of the NDP do not seem to have done Saskatchewan’s New Democrats any favours, and federal Opposition Leader Thomas Mulcair’s views on resources and national unity have been — well, what’s the opposite of a favour?

Cyprus: the state of play on Friday

Filed under: Economics, Europe — Tags: , , , — Nicholas @ 08:35

In the Telegraph, Thomas Pascoe summarizes the situation in Cyprus as of Friday morning:

As it stands this morning, there is a Plan B on the table after parliament voted down the proposal that every bank deposit in the country be subject to a deduction. The new plan only affects those with deposits over €100,000; however, it will require those depositors to take a loss of up to 40pc. As part of this package, the nation’s two large banks will be saved. However, the structure of the deal requires that one of the pair, Laiki, will be split into “good” and “bad” banks, with large depositors left to chance it in the bad bank.

A word on the thinking behind it. While you and I perceive deposits as secure money (and I have argued that to touch them is an abuse of power), technocrats in Brussels take a different view. They tend to view deposits in the technical sense of being loans to banks. You give the bank your money in exchange for interest, and can call the loan at any time (provided not everyone else is doing the same thing, which is the situation now). The bank loans most of your deposit on again. When countries struggle with too much debt, those who have loaned them money get “haircuts”, or less back than they gave. Following this thinking, the EU’s argument is that if we lend money to failing banks, we too must take a haircut to keep them solvent.

[. . .]

So the compromise deal is an ugly one, involving a precedent (confiscation of deposits) which will cast a pallor over the entire European banking system. But the problems are equally great with any other solution. If the banks are left to fail, depositors lose everything except the scraps recovered by administrators. To argue that they, and the country, must be funded directly by the EU, requires the continued willingness of Germany to act against its own economic interests and support an entire continent on its shoulders, impossible without fiscal and political consolidation which no electorate would assent to at present (not that they are asked, usually).

In my opinion, there is no faster way to destroy confidence in your retail banking sector than stealing the money from depositors with no recourse. I have no idea why the European Union is so hell-bent on crushing the banks, but perhaps they have some looney-tunes notion that they can supplant the existing bank system with something directly operated by the ECB or the EU itself.

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