Quotulatiousness

October 28, 2022

“Real Trussnomics” has never been tried, cry the disgruntled free-marketeers

Filed under: Britain, Economics, Government, Politics — Tags: , — Nicholas @ 05:00

Kristian Niemietz investigates the economic theories that Liz Truss and Kwasi Kwarteng attempted to implement during their very brief moment in power:

British Prime Minister Liz Truss, 1 May 2022.
Official portrait via Wikimedia Commons.

Over the past couple of years, I have written a lot about how socialists always disown every socialist project as soon as its failures become apparent, and then go on to claim that the project was never “really” socialist to begin with. The idea of socialism is pure, noble and flawless. It cannot fail. It cannot be refuted by real-world evidence. It can only be “badly implemented”, “distorted” or “misappropriated”.

In recent weeks, however, the rhetoric of “Yes, but … not like that!” has not come from socialists talking about Venezuela or Nicaragua, but from disgruntled free-marketeers [https://www.reuters.com/world/uk/trusss-demise-ends-revival-thatchers-libertarian-economics-2022-10-20/] talking about the ill-fated Truss/Kwarteng government.

Whenever this happens, inevitably, within a few minutes, my Twitter notifications fill up with comments like “Oooh, so what you guys are saying is, Trussism-Kwartengism wasn’t real free-market economics? Real free-market economics has never been tried? Hmmm, what does this remind me of? An idea for your next book there, eh, Herr Niemietz?”

Fair enough, I suppose! It would be a bit rich of me to complain about that. My work on socialism was, after all, was not just about socialism per se, but also, more broadly, about the lack of accountability in the world of ideas. If you argue that people should be held to account for the track record of the ideas they advocate, you cannot credibly complain when you find yourself at the receiving end of that.

And, yes, admittedly, in recent weeks, disgruntled free-marketeers really have sounded very much like Continuity-Corbynites. “Truss and Kwarteng had the right ideas, their plan was just terribly executed”; “Truss and Kwarteng were never given a chance, the entire media establishment immediately ganged up on them”; “Truss and Kwarteng were undermined by their own party at every step of the way” – we have heard this all before, just substitute “Corbyn” for “Truss”, and “McDonnell” for “Kwarteng”.

So I cannot blame people for making this comparison. But that does not mean that I have to accept it: I believe that this is a fundamental false equivalence, and I would like to explain why.

(I should, at this stage, make clear that the IEA has no corporate view, so I cannot speak for any of my colleagues or ex-colleagues, or people from other pro-market think tanks. Where I refer to what other people have said, I will specifically say so.)

The Byzantine Empire: Part 7 – Recovery and Return to Hegemony, 717-1025 AD

seangabb
Published 2 May 2022

In this, the seventh video in the series, Sean Gabb explains how, following the disaster of the seventh century, the Byzantine Empire not only survived, but even recovered its old position as hegemonic power in the Eastern Mediterranean. It also supervised a missionary outreach that spread Orthodox Christianity and civilisation to within reach of the Arctic Circle.

Subjects covered:

The legitimacy of the words “Byzantine” and “Byzantium”
The reign of the Empress Irene and its central importance to recovery
The recovery of the West and the Rise of the Franks
Charlemagne and the Holy Roman Empire
The Conversion of the Russians – St Vladimir or Vladimir the Damned?
The reign of Basil II

Between 330 AD and 1453, Constantinople (modern Istanbul) was the capital of the Roman Empire, otherwise known as the Later Roman Empire, the Eastern Roman Empire, the Mediaeval Roman Empire, or The Byzantine Empire. For most of this time, it was the largest and richest city in Christendom. The territories of which it was the central capital enjoyed better protections of life, liberty and property, and a higher standard of living, than any other Christian territory, and usually compared favourably with the neighbouring and rival Islamic empires.
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The real tech startup lifecycle

Filed under: Business, Humour, Technology, USA — Tags: , , , , — Nicholas @ 03:00

Dave Burge (aka @Iowahawk on the Twits) beautifully encapsulates the lifecycle of most successful tech startups:

I like the thing where people assume everybody working at Twitter is a computer science PhD slinging 5000 lines of code daily with stacks of job offers for Silicon Valley headhunters, and not a small army of 27-year old cat lady hall monitors

Successful social media companies begin in a shed with 12 coders, and end up in a sumptuous glass tower with 1200 HR staffers, 2000 product managers, 5000 salespeople, 20 gourmet chefs, and 12 coders

True story, I was in SV a few weeks ago and visited a startup that’s gone from $4MM to $100+MM rev in 2 years. HQ currently cramped office with 30-40 coders in a strip mall, but moving to office tower soon. I’m like, man, you’ll eventually be missing this.

Why do successful tech companies have so many seemingly useless employees? For the same reason recording stars have entourages

Here’s the sociology: 5 coders form startup. Least embarrassing one becomes CEO. The other ones, CFO, COO, CMO, and best coder becomes CTO.

Company gets big; CFO, COO CMO hold a dick measuring contest to hire the biggest dept.

CTO still wants to be the only coder.

I suspect it really does takes 1000 or more developers to keep Twitter running; backend, DB, security, adtech/martech etc. But I’d guess a significant # of Twitter devs are basically translating what triggers the cat ladies into AI algorithms.

History Summarized: Mycenaean Greece & the Bronze Age Collapse

Overly Sarcastic Productions
Published 24 Jun 2022

I’m pronouncing Mycenaean & Mycenae with a hard “K” sound because that’s how it sounds in Greek, and I would not be so impolite as to mispronounce the name of the first Greek-speaking civilization in history. (The name of “Mycenae” can be spelled Μυκῆναι or Μυκήνη, and I’m using the first one: mee-KEE-neh)
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QotD: “Cliodynamics”, aka “megahistory”

Filed under: Books, History, Quotations — Tags: , , , , — Nicholas @ 01:00

For this week’s musing, I want to discuss in a fairly brief way, my views of “megahistory” or “cliodynamics” – questions about which tend to come up a fair bit in the comments – and also Isaac Asimov, after a fashion. Fundamentally, the promise of these sorts of approaches is to apply the same kind of mathematical modeling in use in many of the STEM fields to history with the promise of uncovering clear rules or “laws” in the noise of history. It is no accident that the fellow who coined the term “cliodynamics”, Peter Turchin, has his training not in history or political science but in zoology; he is trying to apply the sort of population modeling methods he pioneered on Mexican Bean Beetles to human populations. One could also put Steven Pinker, trained as a psychologist, and his Better Angels in this category as well and long time readers will know how frequently I recommend that folks read Azar Gat, War in Human Civilization instead of The Better Angels of our Nature.1

Attentive readers will have already sensed that I have issues with these kinds of arguments; indeed, for all of my occasional frustrations with political science literature (much of which is perfectly fine, but it seems a frequent and honestly overall positive dynamic that historians tend to be highly critical of political scientists) I consider “cliodynamics” to generally take the worst parts of data-driven political science methodologies to apotheosis while discarding most of the virtues of data-driven poli-sci work.

As would any good historian, I have a host of nitpicks, but my objection to the idea of “cliodynamics” has to do with the way that it proposes to tear away the context of the historical data. I think it is worth noting at the outset the claim actually being made here because there is often a bit of motte-and-bailey that goes on, where these sorts of megahistories make extremely confident and very expansive claims and then when challenged is to retreat back to much more restricted claims but Turchin in particular is explicit in Secular Cycles (2009) that “a basic premise of our study is that historical societies can be studied with the same methods physicists and biologists used to study natural systems” in the pursuit of discovering “general laws” of history.

Fundamentally, the approach is set on the premise that the solution to the fact that the details of society are both so complex (imagine charting out the daily schedules of every person one earth for even a single day) and typically so poorly attested is to aggregate all of that data to generate general rules which could cover any population over a long enough period. To my mind, there are two major problems here: predictability and evidence. Let’s start with predictability.

And that’s where we get to Isaac Asimov, because this is essentially also how the “psychohistory” of the Foundation series functions (or, for the Star Trek fans, how the predictions in the DS9 episode “Statistical Probabilities“, itself an homage to the Foundation series, function). The explicit analogy offered is that of the laws that govern gasses: while no particular molecule of a gas can modeled with precision, the entire body of gas can be modeled accurately. Statistical probability over a sufficiently large sample means that the individual behaviors of the individual gas molecules combine in the aggregate to form a predictable whole; the randomness of each molecule “comes out in the wash” when combined with the randomness of the rest.2

I should note that Turchin rejects comparisons to Asimov’s psychohistory (but also embraced the comparison back in 2013), but they are broadly embraced by his boosters. Moreover, Turchin’s claim at the end of that blog post that “prediction is overrated” is honestly a bit bizarre given how quick he is when talking with journalists to use his models to make predictions; Turchin has expressed some frustration with the tone of Graeme Wood’s piece on him, but “We are almost guaranteed” is a direct quote that hasn’t yet been removed and I can speak from experience: The Atlantic‘s fact-checking on such things is very vigorous. So I am going to assume those words escaped the barrier of his teeth and also I am going to suggest here that “We are almost guaranteed” is, in fact, a prediction and a fairly confident one at that.

The problem with applying something like the ideal gas law – or something like the population dynamics of beetles – to human societies is fundamentally interchangeability. Statistical models like these have to treat individual components (beetles, molecules) the way economists treat commodities: part of a larger group where the group has qualities, but the individuals merely function to increase the group size by 1. Raw metals are a classic example of a commodity used this way: add one ton of copper to five hundred tons of copper and you have 501 tons of copper; all of the copper is functionally interchangeable. But of course any economist worth their pencil-lead will be quick to remind you that not all goods are commodities. One unit of “car” is not the same as the next. We can go further, one unit of “Honda Civic” is not the same as the next. Heck, one unit of 2012 Silver Honda Civic LX with 83,513 miles driven on it is not the same as the next even if they are located in the same town and owned by the same person; they may well have wildly different maintenance and accident histories, for instance, which will impact performance and reliability.

Humans have this Honda Civic problem (that is, they are not commodities) but massively more so. Now of course these theories do not formally posit that all, say, human elites are the same, merely that the differences between humans of a given grouping (social status, ethnic group, what have you) “come out in the wash” at large scales with long time horizons. Except of course they don’t and it isn’t even terribly hard to think of good examples.

    1 Yes, I am aware that Gat was consulted for Better Angels and blurbed the book. This doesn’t change my opinion of the two books. my issue is fundamentally evidentiary: War is built on concrete, while Better Angels is built on sand when it comes to the data they propose to use. As we’ll see, that’s a frequent issue.

    2 Of course the predictions in the Foundation series are not quite flawlessly perfect. They fail in two cases I can think of: the emergence of a singular exceptional individual with psychic powers (the Mule) and situations in which the subjects of the predictions become aware of them. That said Seldon is able to predict things with preposterous accuracy, such that he is able to set up a series of obstacles for a society he knows they will overcome. The main problem is that these challenges frequently involve conflict or competition with other humans; Seldon is at leisure to assume such conflicts are predictable, which is to say they lack Clausewitzian (drink!) friction. But all conflicts have friction; competition between peers is always unpredictable.

Bret Devereaux, “Fireside Friday: October 15, 2021”, A Collection of Unmitigated Pedantry, 2021-10-15.

October 27, 2022

Tamara Keel reviews the new FN High Power pistol

Filed under: History, USA, Weapons — Tags: , , , — Nicholas @ 05:00

These days, thanks to both financial and legal limitations, there’s no chance I’ll ever own either an original Browning Hi Power or the new FN High Power, but I can still dream about ’em:

Browning High Power 9mm, the standard side-arm of the Canadian army from WW2 until its replacements start to arrive some time in 2023.

Let me state this up front: I’m a proud American. I love baseball and apple pie. If you cut me, I bleed red, white and blue. Whichever Detroit automaker you think is best, I think they are, too. And, therefore, I am a loyal fan of John Moses Browning’s M1911.

But, with that out of the way, it pains me to admit that the 1911 wasn’t Browning’s most important or influential pistol design. The 1911 is largely an American obsession, and when the rest of the world thinks about JMB’s martial handguns, the one that springs to mind is the Fabrique Nationale GP35, better known as the FN Hi Power.

Actually the result of a collaboration between Browning and his successor at FN, the great Dieudonné Saive, the Hi Power is one of the most prolific service pistols ever created, being used by the militaries of half a hundred countries.

Though it had some features that made it cheaper and easier to produce than the M1911, such as the fixed, under-barrel cam that replaced the swinging link on the older design, the Hi Power was still expensive to produce compared to newer designs. Even the change to a simpler external extractor in the 1960s wasn’t enough to keep it competitive, cost-wise, for budget-conscious militaries, and its double-stack, 13-round mag — a revelation in the 1930s — was by now commonplace.

Browning (an FN subsidiary) finally ended production a few years ago, but it turned out that demand for the Hi Power still existed.

EAA began selling a Turkish-made clone recently, and Springfield Armory upped the ante with the SA-35, which offered some minor tweaks to the original design.

Early this year, though, FN America went nuclear on the Hi Power market by offering the all-new, American-made High Power.

Note the spelling change, because this isn’t your granddad’s Hi Power.

“Controls are ambidextrous. A thumb-safety lever and a slide-stop lever can be found on either side of the new High Power, and the magazine release is reversible • While not interchangeable with the older unit on the left, the new magazines are more capacious • The mag well is expectedly wide and promotes fast reloads • The topstrap is smooth, but the semi-matte PVD finish prevents glare • The trigger is a great improvement over the original, thanks in part to the absence of a magazine-disconnect safety • Removing the slide is simple, but you have to control it against the tension of the recoil spring.”
Photos from Shooting Illustrated, most likely by Tamara Keel.

500 Years of Correcting “Historical” Halloween Costumes

Filed under: Europe, History, USA — Tags: , , , — Nicholas @ 04:00

Bernadette Banner
Published 26 Oct 2019

Ft. my attempts to re-draw them But Better.
[The auction is now concluded.]

FOOTNOTES
1. “A literal armful of skirt”: Portrait of Giovanni(?) Arnolfini and his Wife by Jan van Eyck, 1434 http://bit.ly/33ZToHd
2. 16th century split front skirts and square neckline, for comparison: “Portrait of Katherine Parr”, c. 1545 http://bit.ly/2BSUCs5
3. Examples of gowns cut in long panels: from Le Livre des faiz monseigneur saint Loys, composé à la requête du cardinal de Bourbon et de la duchesse de Bourbonnois (p. 195), 1401 – 1500 http://bit.ly/2WcpWLu
4. Exceedingly Extra sleeves: “Saint George Slaying the Dragon” by Jost Haller, c. 1450. Unterlinden Museum. Digital image from Wikimedia Commons. http://bit.ly/2JksLFe
5. Hoods: Le Livre des faiz monseigneur saint Loys, composé à la requête du cardinal de Bourbon et de la duchesse de Bourbonnois (p. 205), 1401 – 1500 http://bit.ly/33Ya7e6
6. Cap? Fillet? from Le Livre des faiz monseigneur saint Loys, composé à la requête du cardinal de Bourbon et de la duchesse de Bourbonnois (p. 211), 1401 – 1500 http://bit.ly/33ZI0Lx
7. French farthingale: “Ballet des fées des forêts de Saint-Germain – Entrée des Esperculates” Daneil Rabel, 1626 http://bit.ly/31M3dal
8. Queen Elizabeth I effigy bodies: “Corset from Elizabeth I’s wax effigy 1603” http://bit.ly/369ezJ5
9. “The Merchant Taylors”, 1749. The British Museum http://bit.ly/2JiYR42
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Rishi Sunak becoming PM apparently – wait for it – proves that systemic racism is still a thing in Britain

Filed under: Britain, Media, Politics — Tags: , , , , — Nicholas @ 03:00

You’d think the first non-white British PM would help dispel the constant claims that British society is still deeply racist, but as Theodore Dalrymple shows, that underestimates the political need to use “racism” as a rhetorical stick to beat the electorate with:

Rishi Sunak shortly after becoming Chancellor of the Exchequer in 2020.

The new British Prime Minister, Rishi Sunak, is the son of Punjabi immigrants from East Africa. You might have thought that this would satisfy, or at least please, the anti-racism lobby, by demonstrating that British society is an open one, not completely sclerosed by racist prejudice: but you would be wrong.

An opposition member of parliament called Nadia Whittome, herself of Indian origin, tweeted that Sunak’s appointment to the highest political position was not a victory for Asian representation.

This follows the assertion not long ago by Rupa Huq, another Member of Parliament of Indian subcontinental origin, that Kwasi Kwarteng, former Prime Minister Liz Truss’s short-lived Chancellor of the Exchequer, was only “superficially black” because he spoke what in England is called the King’s English. She said that, listening to him on the radio, one would not even know that he was black. Instead, he spoke like the highly educated person he was, which in Huq’s opinion was incompatible with being black. Whites are not the only racists.

The remarks by these two female politicians, all the more significant because they were spontaneous rather than deeply considered, reveal something about the nature of modern identity politics: that the function of minorities (whether racial, sexual, or other) is to act as vote-fodder for political entrepreneurs of a certain stripe. It’s therefore the duty of minorities to remain the victims of prejudice against them and not to rise in the social scale by their own efforts: To do so is to betray the cause and above all their supposed leaders.

The reason that Whittome considers that Sunak’s appointment isn’t a victory for Asian representation is that, although of Asian origin, his parents (his father was a doctor) had him expensively educated and Sunak is now a multimillionaire, unlike most people of Asian origin — to say nothing of most whites.

There are, of course, other ways in which he isn’t representative of the Asian, or any other, population, the most important of which is that he’s of far above-average intelligence. (I must here point out also that while a certain level of intelligence is a necessary condition for a successful political career, it’s far from being a sufficient one.)

Representative government doesn’t mean that the representatives in the legislature or government must reflect the population demographically, such that — for example — 5 percent of them must have IQ’s of less than 70, though increasingly it may appear that they do. Nor are a person’s political or social views straightforwardly a reflection of his or her own economic position: If they were, Engels (who was a factory owner and rode to hounds) would never have been Marx’s collaborator, and Marx himself would not have written Capital, for he was no more proletarian than is King Charles.

MPi-81: Steyr Basically Makes the Uzi

Filed under: Europe, History, Military, Weapons — Tags: , , , , , — Nicholas @ 02:00

Forgotten Weapons
Published 17 Jun 2022
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QotD: Life expectancy before the modern age

Filed under: Health, History, Quotations — Tags: , , , , — Nicholas @ 01:00

Locke held the same assumptions about life, because life was almost inconceivably cheap in his day. Locke was born in 1632. A person born then would have a decent shot at making it to age 50 if he survived until age 5 … but only about half did. And “a decent shot” needs to be understood blackjack-style. Conventional wisdom says to hit if the dealer shows 16 and you’re holding 16 yourself — even though you’ve got a 62% chance of going bust, you’re all but certain to lose money if you stand. Living to what we Postmoderns call “middle age” was, in Locke’s world, hitting on a 16. We Postmoderns hear of a guy who dies at 50 and we assume he did it to himself — he was a grossly obese smoker with a drug problem or a race car driver or something. In Locke’s world, they’d wonder what his secret was to have made it so long.

Severian, “Overturning Locke: Life”, Rotten Chestnuts, 2019-09-11.

October 26, 2022

You apparently only need to worry about inflation if you’re one of the “little people”

Filed under: Economics, Media, Politics, USA — Tags: , , — Nicholas @ 05:00

Tom Knighton was angered by a recent comment from a well-to-do type who is frustrated at all the “needless” worry about inflation when there are “bigger concerns” in play:

I really don’t like talking about my personal life too much, but I kind of feel like I have to. It started a couple of days when Never Trumper Tom Nichols tweeted this:

Frankly, I’m still pissed about it three days later.

You see, it must be nice for Nichols to view this as a problem of perspective, that people just aren’t seeing the forest for the trees because gas is a tad high.

I can’t be one of those people.

For the record, I think of myself as a working-class writer. I don’t make those six-figure salaries and socialize with the elite at cocktail parties. I make enough to support my family of four in what many could generously term a modest lifestyle.

And I’m OK with that. While I want more, I love the fact that my work life is what it is and I have tons more freedom to do what I want throughout the day.

These days, though, things are different.

You see, while Nichols pretends it’s just people a little grumpy about gas prices, I see the harsh reality that people like him never will.

I’m the guy looking at the time before the next paycheck and realizing that we might not have food in the house for a day or two. I’m the one trying to decide how to stretch the last $40 in our bank account to cover those couple of days and praying it will. I’m also the one who knows that two years ago, this wasn’t a problem.

Hell, a year ago, it wasn’t an issue.

And I don’t make awful money, all things considered. I can only imagine what it’s like for those whose families don’t bring in what I normally make.

For Nichols to get worked up because people don’t see any existential crisis but do see the harsh reality slapping them in the face day in, day out sounds an awful lot like “Let them eat cake” to me.

Unfortunately, that’s what folks like Nichols think.

Nichols, who seems to believe in expertise based on his previous work, is talking about stuff he knows nothing about, things he lacks the expertise to comprehend.

The current inflation isn’t just some mild inconvenience. It’s not one of those things where we all can just shrug and push through until better times. It’s real and it’s here and it’s hurting people like me.

That gives me a certain amount of expertise because this is my life and my livelihood. This is how my family suffers.

I’m very much with him on this, as rising inflation is already a pretty big concern for us and it doesn’t look like it’ll get better any time soon.

Sin Eaters & Funeral Biscuits

Filed under: Britain, Food, History — Tags: , , , , — Nicholas @ 04:00

Tasting History with Max Miller
Published 25 Oct 2022
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When mere accusation functions as a “guilty” verdict

Filed under: Cancon, Law, Media, Sports — Tags: , , , , , — Nicholas @ 03:00

I don’t follow hockey at all, so I hadn’t heard anything about the case of Jake Virtanen and the Vancouver Canucks after Virtanen was accused (but found not guilty) of sexual assault. Janice Fiamengo provides an outline of the case:

NHL forward Jake Virtanen’s once-promising career with the Vancouver Canucks was torpedoed by a rape allegation, and even after he was acquitted in a court of law, detractors have demanded he be shunned as a sexual predator.

In the summer of 2021, Virtanen was first suspended and then bought out by the Canucks after a woman alleged that he had sexually assaulted her in his hotel room in September of 2017. The woman had accompanied Virtanen to his room after a night of partying. She claimed that after she repeatedly refused his sexual overtures, he forced himself on her; Virtanen said the sex had been consensual.

The fact that the complainant stayed the night with her alleged rapist and then waited nearly four years to tell anyone or report to police may have played a role in the jury’s decision, in July of 2022, to find Virtanen not guilty. It was a He said/She said story that simply did not prove guilt.

Feminist advocates, however, couldn’t care less about the verdict, and many hockey commentators seem to feel the same way.

Mary Jane James, CEO of the Sexual Assault Centre of Edmonton, was adamant in interview with Canada’s state broadcaster that the allegation mattered far more than the verdict, and that no team in the NHL should touch Virtanen. Referring to the decision by the Edmonton Oilers to sign Virtanen to a 2-month tryout last month, James accused Oilers’ leadership of “taking the verdict at face value, regardless of what the allegations were”. It didn’t seem to matter to James that our entire justice system relies on the acceptance of verdicts over unproven allegations.

In James’ expressed opinion, any man accused of a “very, very serious” sexual crime (and what sexual crime would she not consider serious?) should be presumed guilty. Hockey teams, she insisted, need to send a message that “We are not going to associate with anyone who has this history” (i.e., of being accused).

It is an extraordinarily crude statement of contempt for the cherished principles of western jurisprudence — and would presumably not apply to Mary James herself if she were ever tried and acquitted — but it corresponds fairly closely with the thrust of recent feminist activism: Accused men should be made pariahs, and so should anyone who refuses to participate in their shunning.

Four Myths About Construction Debunked

Filed under: Business, Economics, History, Technology — Tags: , , , — Nicholas @ 02:00

Practical Engineering
Published 21 Jun 2022
Let’s set the record straight for a few construction misconceptions!

Errata: The shot at 4:16 is of the Greek Acropolis (not a Roman structure).

Over the past 6 years of reading emails and comments from people who watch Practical Engineering, I know that parts of heavy construction are consistently misunderstood. So, I pulled together a short list of the most common misconceptions. Hope you don’t mind just a little bit of ranting from me 😉
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QotD: Protectionism forces buyers to take worse deals

Filed under: Business, Economics, Government, Liberty, Quotations — Tags: — Nicholas @ 01:00

No law or legislation prevents businesses from demanding, as a term of their selling outputs to consumers, that consumers continue to patronize these same businesses for a minimum number of years – or, indeed, until death (or bankruptcy) do them part. No law or legislation prevents workers from demanding, as a term of their agreeing to work for employers, that employers continue to employ these same workers for a minimum number of years – or, indeed, until death (or bankruptcy) do them part.

[…] too often when buyers shift some of their patronage from domestic producers to foreign producers, domestic producers – both firm owners and workers – insist that the state is morally obliged to force buyers to continue to purchase their products and their labor without any reduction in the prices and wages charged by sellers. These producers greedily and falsely insist that it’s bad policy for the state to allow buyers to shift their patronage to other sellers. Because those other sellers happen to be located abroad – or in the case of immigrants happen not to have passports issued by the domestic sovereign – such greedy and false insistence by domestic producers and workers is remarkably seen as legitimate, despite the fact that there’s nothing remotely legitimate about such insistence.

Tariffs and other forms of “protectionism” are means of forcing buyers to act and to pay as if they agreed to terms of contracts with sellers that these buyers never agreed to and that the sellers who benefit from the protectionism were unwilling to pay for in their contractual dealings with their customers.

Protectionism is akin to changing the rules of a game in the middle of a game. It’s unfair. It’s unproductive. It’s theft wrapped in flags, and too-often faux-sanctified by specious theorizing.

Don Boudreaux, “Protectionism Is a Means of Stealing That Which Suppliers Are Unwilling to Purchase”, Café Hayek, 2016-09-10.

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