Here’s the thing: contrary to what the left thinks, when you leave wealth in the hands of the individuals, they don’t just flush it down the toilet or build gigantic bins that they fill with money, in which they go for a refreshing swim every day.
People do things with that money. And even if all they do is buy stuff (thereby allowing someone else to accumulate wealth) or invest it, that money gets aggregated and finds things to do, as it were. Wealth goes to work on things that seem interesting, might be interesting, or are otherwise likely to make money for the individuals who hold the wealth.
Individuals have money to start new businesses that would never have existed if they’d paid that money in taxes. Or they “invest” in free time and a really nice garden, which in turn lifts the spirits of people who invent something because they feel better than they would otherwise.
The left insists that if they leave money in individual hands, it will just be “wasted”. (Because, you know, no money spent on a vast apparatus, most of it a jobs program for useless paper pushers or power-hungry martinets is ever wasted.)
How do they know? Have they tried leaving enough money in the hands of those who earn it to make a difference?
Not in the twentieth century. Though we can infer from the fact that the most sclerotic, dying countries are the highest taxed ones, that perhaps what government considers “best” and what we consider “best” are not the same.
Not just taxes, but regulations too weigh heavily on possibilities. Sure, the left sees “lands saved” (or created. oop) when say, regulations curtail oil drilling. But what I see is energy taking up an excessive amount of every family’s money, wealth that would otherwise be freed for other investments, for starting businesses, even “just” for fun.
The problem we have is that leftists lack utterly in imagination. They see the “pristine” plots of land, or the things government does with our money and they find it good.
But they’re mind’s-eye blind. They can’t see the wealth that has been consumed for almost 100 years now say on the war on poverty to create chronic poverty having instead been used by individuals to create, to invest, to build, so that, in that parallel world in which money stayed in individual hands, we now have interplanetary travel, colonies all over the solar system, and squid farms on Mars that feed all of humanity.
Their lack of vision, their killing of possibilities without the slightest thought to them: That is a tragedy.
Sara Hoyt, “The Tragedy of the Squid Farms on Mars”, Libertarian Enterprise, 2018-12-05.
August 23, 2021
QotD: Leaving money in the hands of individuals
August 10, 2021
QotD: Government workplace regulations still envision the unionized 1930s factory as “normal”
Regulation can be sortof kindof tolerable in stable, predictable, and unchanging markets. But what markets act like that? In the labor regulation world, for example, regulatory authorities are doing everything they can to kill a wave of innovation in labor markets. As I tell everyone I discuss this with — regulators picture workers as punching a time clock in a Pittsburg mill with their supervisor right there and present every moment, with an on-site HR department, and a cafeteria with huge walls for posting acres of labor posters. Try to have any other relationship with your employees, and it will be like pounding a round peg into a square regulatory hole. Even something as staggeringly beneficial to worker agency like letting remote workers schedule themselves tends to run afoul of the shift scheduling laws that are sweeping through progressive jurisdictions.
Warren Meyer, “When Regulation Hammers Those It is Supposed to Benefit — A Real Example in California”, Coyote Blog, 2021-05-06.
August 9, 2021
July 15, 2021
Out: “War is the health of the state”, In: “Pandemic restrictions are the health of the nanny state”
British MP Andrew Lewer on the inability (and determined unwillingness) of western governments at all levels to back away from all the restrictions they’ve been able to impose on their citizens since the start of the Wuhan Coronavirus pandemic:
The list goes on. By the government’s own calculations it [banning advertising for “junk food” on TV] will reduce children’s diets by a meagre five calories a day – the equivalent of a third of a cherry tomato. And watch out for those Government figures. Pardon the pun, but given that they add weight to the arguments of those opposing their intrusiveness into our lives, would anyone be amazed if new and revised figures emerged during the course of detailed legislation? But even if the impact of these proposals was amplified by “the science”, it would still come at too high a cost to individual freedom and liberty.
And this is just the thin end of the wedge. For a moment back in winter, it looked like we had woken up and smelt the full English breakfast. It was reported that the advertisement ban would be discarded, which allowed the free market minded to hope, especially given the disbanding of Public Health England, that this might signal pushback against nanny state intrusion. Alas, no.
The appetite for ill-conceived, unworkable ideas is growing: we have plans to force pubs to disclose the number of calories in every drink they serve, just as they begin to fill their tills after months of lockdown. Plans to end deals like “buy one get one free” on foods high in fat, sugar and salt – a regressive measure that will hit the poorest consumers hardest while doing nothing to reduce our waistlines. Plans for further legislation around nutritional labelling – adding cost, probably not adding clarity.
We left the EU in part as a reaction to over-regulation. I remember well during my time as an MEP how skewed towards large corporations the regulatory regime could be in Brussels. If, having taken the difficult and painful decision to leave the bloc, we fail to roll back the overreach then people will start to ask what the last four years was all about. If freedoms regained are never applied, then what was the point? The food laws will diminish freedoms in everyday life, not just those of the important, but more esoteric and common room kind, that our political elites from time to time do remember to respect.
June 23, 2021
June 19, 2021
Proposed new firearms rules “… are ultimately unenforceable, and […] they are dangerous end-runs around due process that threaten fundamental rights”
J.D. Tuccille reports on the latest US federal government proposals on changes to firearm regulations:
As expected, the Biden administration released proposed new rules for pistol braces and model legislation for “red flag” laws that make it easier to confiscate privately owned firearms. Also as expected, the proposals are ludicrous. On the one hand, they are pointless and nitpicky rules that are ultimately unenforceable, and on the other hand they are dangerous end-runs around due process that threaten fundamental rights. Taken together, they illustrate the unserious nature of gun regulations which are crafted more to appeal to political audiences than to achieve positive results.
The silliness inherent in this sort of rulemaking is apparent from the Department of Justice’s announcement of “a notice of proposed rulemaking that makes clear that when individuals use accessories to convert pistols into short-barreled rifles, they must comply with the heightened regulations on those dangerous and easily concealable weapons.”
For those new to this controversy, stabilizing braces were developed to help disabled veterans more accurately shoot pistols (usually those built around AR-15 receivers) one-handed. The “problem” is that many resemble shoulder stocks and can be used in that role. By no means does an attachment that lets a pistol be fired from the shoulder make it especially “dangerous and easily concealable.” Instead, it makes it less concealable since it has a brace sticking off the back. Braces do render pistols more accurate, which could be interpreted as dangerous if you’re upset by shooters hitting where they aim.
But a pistol that can be fired from the shoulder is arguably a short-barreled rifle under the National Firearms Act (NFA), and subject to special restrictions, taxes, and registration requirements that don’t apply to regular pistols or regular rifles, but do apply to (among other weapons) rifles with barrels shorter than 16 inches. These regulations are not evidence that short-barreled rifles are particularly dangerous, but that, like many laws, the NFA is thoroughly idiotic.
Braces have been treated as legal devices for years but have recently been targeted by the sort of people who see advantage in pretending that a firearm with a buttstock and a short barrel is more “dangerous and easily concealable” than stock-less pistols and long-barreled rifles. In compliance with White House direction, proposed rules from the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) would impose new requirements to determine if braced pistols achieve Great Pumpkin-level sincerity, or are super-dangerous and concealable short-barreled rifles in disguise.
Among other tests, the rule would set the maximum length of a pistol at 26 inches (because 27 inches is super-dangerous and concealable). These tests add up to a four-point assessment, ranging from “1 point: Minor Indicator (the weapon could be fired from the shoulder)” to “4 points: Decisive Indicator (the weapon is designed and intended to be fired from the shoulder)” with four points the ultimate sign that a firearm crosses the line into very naughty territory indeed.
[…]
But foolish stabilizer brace rules affect mostly disabled shooters and fanciers of a particular type of firearm. Red flag laws affect potentially any gun owner by allowing for property seizures and confrontations with law enforcement without due process.
Red flag laws “make it easier for states to craft ‘extreme risk protection orders’ authorizing courts to temporarily bar people in crisis from accessing firearms,” insists the Department of Justice. “By allowing family members or law enforcement to intervene and to petition for these orders before warning signs turn into tragedy, ‘extreme risk protection orders’ can save lives.”
Maybe such orders “can save lives”—all sorts of restrictions on personal liberty theoretically “can save lives” if that’s your only criteria. But the model legislation proposed by the Biden administration requires same-day issuance of orders that “prohibit the respondent from possessing, using, purchasing, manufacturing, or otherwise receiving a firearm” with a hearing to be held only after the fact. That certainly deprives those affected of their rights without due process of any sort before cops show up on their doorsteps to search the premises and confiscate property.
June 18, 2021
Feeding “the masses”
Sarah Hoyt looked at the perennial question “Dude, where’s my (flying) car?” and the even more relevant to most women “Where’s my automated house?”:
The cry of my generation, for years now, has been: “Dude, where’s my flying car?”
My friend Jeff Greason is fond of explaining that as an engineering problem, a flying car is no issue at all. It is as a legal problem that flying cars get interesting, because of course the FAA won’t let such a thing exist without clutching it madly and distorting it with its hands made of bureaucracy and crazy. (Okay, he doesn’t put it that way, but I do.)
[…]
But in all this, I have to say: Dude, where’s my automated house?
It was fifteen years ago or so, while out at lunch with an older writer friend, that she said “We always thought that when it came to this time, there would be communal lunch rooms and cafeterias that would do all the cooking so women would be free to work.”
I didn’t say anything. I knew our politics weren’t congruent, but really the only societies that managed that “Cafeterias, where everyone eats” were the most totalitarian ones, and that food was nothing you wanted to eat. If there was food. Because the only way to feed everyone industrial style is to take away their right to choose how to feed themselves and what to eat. And that, over an entire nation, would be a nightmare. Consider the eighties, when the funny critters decided that we should all live on a Russian Peasant diet of carbs, carbs and more carbs. Potatoes were healthy and good for you, and you should live on them.
It will surprise you to know – not — that just as with the mask idiocy, no study of any kind supports feeding the population on mostly vegetables, much less starches. What those whole “recommendations” were based on was “diet for a small planet” and the bureaucrats invincible ignorance, stupidity and assumption of their own intelligence and superiority. I.e. most of what they knew — that population was exploding, that people would soon be starving, that growing vegetables is less taxing on the environment and produces more calories than growing animals to eat — just wasn’t so. But they “knew” and by gum were going to force everyone to follow “the plan”. (BTW one of the ways you know that Q-Anon is in fact a black ops operation from the other side; no one on the right in this country trusts a plan, much less one that can’t be shared or discussed.) Then the complete idiots were shocked, surprised, nay, astonished when their proposed diet led to an “epidemic of obesity” and diabetes. Even though anyone who suffered through the peasant diet in communist countries, could have told the that’s where it would lead, and to both obesity and Mal-nutrition at once.
So, yeah, communal cafeterias are not a solution to anything.
My concern about the “automated house of the future” is nicely prefigured by the “wonders” of Big Tech surveillance devices we’ve voluntarily imported into our homes for the convenience, while awarding untold volumes of free data for the tech firms to market. Plus, the mindset that “you must be online at all times” that many/most of these devices require means you’re out of luck if your internet connection is a bit wobbly (looking at you, Rogers).
June 9, 2021
June 7, 2021
Dude, where’s my (flying) car?
The latest of the reader-contributed book reviews at Scott Alexander’s Astral Codex Ten looks at Where is my Flying Car? by J. Storrs Hall:
What went wrong in the 1970s? Since then, growth and productivity have slowed, average wages are stagnant, visible progress in the world of “atoms” has practically stopped — the Great Stagnation. About the only thing that has gone well are computers. How is it that we went from the typewriter to the smartphone, but we’re still using practically the same cars and airplanes?
Where is my Flying Car? by J. Storrs Hall, is an attempt to answer that question. His answer is: the Great Stagnation was caused by energy usage flatlining, which was caused by our failure to switch to nuclear energy, which was caused by excessive regulation, which was caused by “green fundamentalism”.
Three hundred years ago, we burned wood for energy. Then there was coal and the steam engine, which gave us the Industrial Revolution. Then there was oil and gas, giving us cars and airplanes. Then there should have been nuclear fission and nanotech, letting you fit a lifetime’s worth of energy in your pocket. Instead, we still drive much the same cars and airplanes, and climate change threatens to boil the Earth.
I initially thought the title was a metaphor — the “flying car” as a standin for all the missing technological progress in the world of “atoms” — but in fact much of the book is devoted to the particular question of flying cars. So look at the issue from the lens of transportation:
Hans Rosling was a world health economist and an indefatigable campaigner for a deeper understanding of the world’s state of development. He is famous for his TED talks and the Gapminder web site. He classifies the wealthiness of the world’s population into four levels:
1. Barefoot. Unable even to afford shoes, they must walk everywhere they go. Income $1 per day. One billion people are at Level 1.
2. Bicycle (and shoes). The $4 per day they make doesn’t sound like much to you and me but it is a huge step up from Level 1. There are three billion people at level 2.
3. The two billion people at Level 3 make $16 a day; a motorbike is within their reach.
4. At $64 per day, the one billion people at Level 4 own a car.
The miracle of the Industrial Revolution is now easily stated: In 1800, 85% of the world’s population was at Level 1. Today, only 9% is. Over the past half century, the bulk of humanity moved up out of Level 1 to erase the rich-poor gap and make the world wealth distribution roughly bell-shaped. The average American moved from Level 2 in 1800, to level 3 in 1900, to Level 4 in 2000. We can state the Great Stagnation story nearly as simply: There is no level 5.
Level 5, in transportation, is a flying car. Flying cars are to airplanes as cars are to trains. Airplanes are fast, but getting to the airport, waiting for your flight, and getting to your final destination is a big hassle. Imagine if you had to bike to a train station to get anywhere (not such a leap of imagination for me in New York City! But it wouldn’t work in the suburbs). What if you had one vehicle that could drive on the road and fly in the sky at hundreds of miles an hour?
Before reading this book, I thought flying cars were just technologically infeasible, because flying takes too much energy. But Hall says we can and have built them ever since the 1930s. They got interrupted by the Great Depression (people were too poor to buy private airplanes), then WWII (airplanes were directed towards the war effort, not the market), then regulation mostly killed the private aviation industry. But technical feasibility was never the problem.
Hall spends a huge fraction of the book on pretty detailed technical discussion of flying cars. For example: the key technical issue is takeoff and landing, and there is a tough tradeoff between convenient takeoff/landing and airspeed (and cost, and ease of operation). It’s interesting reading. But let’s return to the larger issue of nuclear power.
May 26, 2021
May 21, 2021
May 14, 2021
Recycling when it makes economic sense? Good. Recycling just because? Not good at all.
Tim Worstall explains why a new push to mandate recycling rare earth from consumer electronic devices will be a really, really bad idea … so bad that it’ll waste more resources than are recovered by the recycling effort:
[Indium is] the thing that makes touchscreens work. Lovely stuff. Normally extracted as a byproduct of getting zinc from spharelite. Usual concentrations in the original mineral are 45 to 500 parts per million.
Now, note something important about a by product material like this. If we recycle indium we don’t in fact save any indium from spharelite. Because we mine spharelite for the zinc, the indium is just a bonus when we do. So, we recycle the indium we’re already using. We don’t process out the indium in our spharelite. We just take the same amount of zinc we always did and dump what we don’t want into the gangue, the waste.
So, note what’s happened. We recycle indium and yet we dig up exactly the same amount of indium we always did. We just don’t use what we’ve dug up – we’re not in fact saving that vital resource of indium at all.
[…]
The number of waste fluorescent lamps arising has been declining since 2013. In 2025, it is estimated there will be 92 tonnes of CRMs in waste fluorescent lamps (Ce: 10 tonnes, Eu: 4 tonnes, La: 13 tonnes, Tb: 4 tonnes and Y: 61 tonnes).
That would be the recovery from all fluorescent lamps in Europe being recycled. In a few – there’s not that much material so therefore only a few plants are needed, meaning considerable geographic spread – plants dotted around.
That’s $50k of cerium, about $100k of europium, $65k of lanthanum, $2.8 million of terbium and $2.2 million of yttrium. To all intents and purposes this is $5 million of material. For which we must have a Europe-wide collection system?
They do realise this is insane which is why they insist that this must be made law. Can’t have people not doing stupid things now, can we?
Just to give another example – not one they mention. As some will know I used to supply rare earths to the global lighting industry. One particular type uses scandium. In a quarter milligram quantity per bulb. Meaning that even with perfect recycling you need to collect 4 million bulbs to gain a kilo of scandium – worth $800.















