Sunday, November 27, 2016

Oh, No Canada!

Canadian Prime Minister Justin Trudeau on the death of the monster Fidel Castro:
“It is with deep sorrow that I learned today of the death of Cuba’s longest serving President.

“Fidel Castro was a larger than life leader who served his people for almost half a century. A legendary revolutionary and orator, Mr. Castro made significant improvements to the education and healthcare of his island nation.

“While a controversial figure, both Mr. Castro’s supporters and detractors recognized his tremendous dedication and love for the Cuban people who had a deep and lasting affection for “el Comandante”.

“I know my father was very proud to call him a friend and I had the opportunity to meet Fidel when my father passed away. It was also a real honour to meet his three sons and his brother President Raúl Castro during my recent visit to Cuba.

“On behalf of all Canadians, Sophie and I offer our deepest condolences to the family, friends and many, many supporters of Mr. Castro. We join the people of Cuba today in mourning the loss of this remarkable leader.”
Mocking follows: #trudeaueulogy

Sunday, November 20, 2016

The Vegetarian Mandate

On October 31st I wrote:
It’s so simple, just find a big 'social problem' with dozens, or hundreds, of different causes and impose a single 2,000 page solution. I don’t know why we didn’t think of this approach to solve the obesity epidemic. We’ll just put nutrition labels on candy machines, ban soft drinks over 16 ounces and move toward taxing calories.
While we've already done the first two of those things, the part about taxing calories was half tongue-in-cheek. I needn't have worried that it was over the top, though I did get the wrong social problem. I should have known "Climate Change" would be the real reason: UK Researchers: Tax Food to Reduce Climate Change
“Emissions pricing of foods would generate a much needed contribution of the food system to reducing the impacts of global climate change,” said Dr Marco Springmann of the Oxford Martin Programme on the Future of Food, who led the study. “We hope that’s something policymakers gathering this week at the Marrakech climate conference will take note of.”

Much of the emissions reduction would stem from higher prices and lower consumption of animal products, as their emissions are particularly high. The researchers found that beef would have to be 40% more expensive globally to pay for the climate damage caused by its production. The price of milk and other meats would need to increase by up to 20%, and the price of vegetable oils would also increase significantly.
This is a perfect example of MIT Technology Review editor David Rotman's demand for an updated command-and-control industrial policy:
[There is a] compelling argument that we need more coherent and deliberate strategic planning in tackling our economic problems, especially in finding more effective ways to reduce greenhouse-gas emissions
The 2000 pages needed to implement this will consist of 1) tax credits for pregnant mothers, exemptions for starving third worlders and waivers for Senators and Congressmen and their aides; 2) lobbyist provisions for Archer Daniels Midland; 3) definition of the bureaucratic requirements; 4) determination of the amount of tax for protein content, say tofu vs. hamburger; 5) surtaxes based on greenhouse gas contribution variation due to processing and transportation; 6) all manner of amendments entirely unrelated to the taxing of food and 7) other things you'll have to read the bill to find out.

Wednesday, November 16, 2016

Lobbyists

Sen. Elizabeth Warren's recent rant about lobbyists in the Trump transition team (just before they were all sent packing) brings me once again to editor David Rotman's MIT Technology Review article Capitalism Behaving Badly. Specifically this:
[W]e should admit that markets are created and shaped by government policies, including government support of innovation.
If we are to admit that markets are created and shaped by government, we also must admit that lobbying is created by government as a protective reaction to that regulatory manipulation 'market' creation and shaping.

Don Boudreaux puts it well at Cafe Hayek
Sen. Elizabeth Warren is upset that President-elect Trump’s transition team includes many corporate lobbyists (“Elizabeth Warren Criticizes Donald Trump Over Lobbyists in Transition Team,” Nov. 15). Well now. Sen. Warren is second-to-none at empowering Uncle Sam to exercise broad discretionary powers over corporate affairs – powers that, if exercised one way, yield that company hundreds of millions of dollars in additional profits or, if exercised another way, saddle that company with hundreds of millions of dollars of additional costs. It is hardly surprising, therefore, that corporations work diligently to have their voices heard among the din of everyone clamoring for the new emperor’s attention.

For Sen. Warren to be upset that Trump’s transition team is filled with hordes of corporate lobbyists panting for political favors is akin to a Madam being upset that her bawdyhouse is filled with hordes of men panting for female favors.

Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030
Lobbying is protected by the First Amendment. Even absent Constitutional protection, lobbying would continue at a level commensurate with the degree to which government creates and shapes markets, only it would be more nefarious - say like the Clinton Foundation pay-to-play shenanigans.

Meanwhile, the House GOP beat back a plan by some of its own members* to restore internal super-lobbying by reinstating earmarks.

*Who should now be Primaried.

Update 1:15PM: In the interests of naming names, "Reps. John Culberson of Texas, Mike Rogers of Alabama, and Tom Rooney of Florida are listed as sponsors of the amendment."

Friday, November 11, 2016

Veterans Day

In Flanders Fields
Canadian Army Lieutenant Colonel John McCrae, MD (1872-1918)
In Flanders fields the poppies blow
Between the crosses row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.

We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.

Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

Wednesday, November 09, 2016

Congratulations to the President Elect

All the best of luck to Donald Trump. I sincerely hope he turns out to be the President his most fervent voters expect.

My favorite parts so far are the tears, anger, confusion and whining from the Democrats. Best part of the outcome? Clinton Inc. is finished.

Well done Mr. Trump.