Category Archives: Public Policy

Free trade, expanding prosperity and technology dynamism are good things: but not everyone wins all the time.

The following things are very much good things: free trade, technological dynamism and expanding global prosperity. Free trade because it gives more people to sell to and buy from, to engage in gains from trade with. Technological dynamism because it allows more and more people to live longer and (in some very basic senses) freer […]

Brexit and EU failure

The 52%-48% win for Brexit in the June 2016 referendum has already been framed many ways, but what should be an obvious one (though for many it will not be) is how much of a failure for the EU this represents. In June 1975, a deeply divided Labour Government held a referendum on the UK’s […]

Westerners have moral agency, Muslims have excuses

The recent case of a Norwegian left of centre politician who is apparently distressed that his convicted Somali rapist is likely to be deported has caused a minor online stir. I was, however, particularly struck by this statement: But perhaps the most notable lesson Hauken says he learned is that “rapists are from a world […]

Can a contemporary Western country have a moral immigration policy with a reasonable risk level?

The intense, and highly moralised, debate over migration in the West is clearly based on a widespread presumption that it is obviously possible for contemporary Western societies to have a moral migration policy. That proposition, when examined, is much more dubious than it might appear. It is obvious that people moving to the West from […]

Post-Enlightenment is the Counter-Enlightenment rebooted

There is a clear difference between the modernist Left and the postmodern progressivism. The modernist Left was an Enlightenment project, and proud to be so. This is the stream of political analysis and commentary represented in our time by such figures as the late Christopher Hitchens and Norman Geras, by Terry Eagleton’s jeremiads against post-modernism and by the Euston Manifesto. They are the […]

Against Austrian business cycle theory

Former Austrian school economist Bryan Caplan recently won a bet against Austrian school economist Bob Murphy on the path of US inflation. Caplan won by betting with the key market indicator (TIPS), Murphy lost by betting against it. At first glance, that the ex-Austrian won by following the market while the Austrian lost by not doing so might seem strange, but it […]

Most Muslims are non-violent

It is true: most Muslims are non-violent (in the straightforward sense that, outside defence of themselves and their immediate family, they do not engage in violence). In fact, as far as I am aware, that has true across the history of Islam, especially as Muslims includes women and children. But even if we just consider men, most […]

Moral sensibility and modernity

Religions have rituals and doctrines: mechanisms of participation and belief. They also engender moral sensibilities that provide ways of normatively framing the world regarding people, places, social arrangements. Most Swedes, for example, are not believing or actively participating Lutherans, yet centuries of Lutheranism being the overwhelmingly dominant flavour of religion has deeply influenced Swedish moral sensibility. When folk try […]

Why gold/currency ratios mattered in the interwar period

This is based on a comment I made here. I have been enjoying Scott Sumner‘s history of the Great Depression, The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression. Sumner provides a key ideas summary for the book here. The book is an examination of dramatic macroeconomic instability under a gold standard. In The Midas Paradox, Sumner gives the […]

Black boxes, the rectification of names and the revival of slavery

The Chinese sage Kong Qiu (551-479 BC) (Kongzi “Master Kong”), known to the West as Confucius–which is derived from Kong Fuzi “Grand Master Kong”–had a doctrine Zhèngmíng, normally translated as “rectification of names“. There is a straightforward statement of the doctrine in the Analects: A superior man, in regard to what he does not know, shows a cautious reserve. If names […]