URLs du Jour

2020-08-26

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  • Veronique de Rugy is a lonely voice, but usually a correct one. At AIER she explains why, as a rule of thumb, she's Opposed to Government Intervention, Crisis or Not.

    Proponents of a large government response during crises believe in the “leave it to you” route in the name that during crises, centralization can be beneficial. Unfortunately, even though I fully acknowledge that in times of emergencies, governments at different levels can play a positive role, in most cases, government officials and institutions do a terrible job at solving problems, even when it is their job to do so.

    There are different reasons for that but here are the main ones. During good times, government officials suffer from systematic decision-making failures. Unfortunately there is nothing to indicate that the problems that plague their response during good times are gone during bad times. In addition, during crises, government officials typically respond with a one-size-fits-all mentality, without ever missing an opportunity to expand their already gigantic powers. 

    What’s more, by the time an emergency occurs, governments are so big and overextended that they do not have what it takes to respond appropriately. These patterns of behavior from politicians is why I often respond to all proposals for government intervention with skepticism.

    It is only because we're used to government ineptitude that many people judge it by lax standards. At least they're doing something! Boy, that's a very low bar to clear.


  • Flying under the radar is kind of big news from last week's DNC: After 48 Years, Democrats Endorse Nuclear Energy In Platform. Noted by Robert Bryce at Forbes:

    It took five decades, but the Democratic Party has finally changed its stance on nuclear energy. In its recently released party platform, the Democrats say they favor a “technology-neutral” approach that includes “all zero-carbon technologies, including hydroelectric power, geothermal, existing and advanced nuclear, and carbon capture and storage.” 

    That statement marks the first time since 1972 that the Democratic Party has said anything positive in its platform about nuclear energy. The change in policy is good — and long overdue — news for the American nuclear-energy sector and for everyone concerned about climate change. The Democrats’ new position  means that for the first time since Richard Nixon was in the White House, both the Republican and Democratic parties are officially on record in support of nuclear energy. That’s the good news. 

    Bryce goes on to quote an Energy Department official from years past: “Democrats are pro-government and anti-nuclear. Republicans are pro-nuclear and anti-government.” Unfortunately, to get that fabled "bipartisan agreement", we'll no doubt get big-government pro-nuclear policies, i.e., cronyism.


  • At Reason, Jacob Sullum isn't buying the rhetoric: Trump’s War on Economic Freedom.

    If Donald Trump's sister is right that he "has no principles," he does at least have a few enduring instincts. Perhaps the most persistent is the president's conviction that American greatness is threatened by voluntary economic exchange, the most powerful engine of peace and prosperity in human history.

    Each of us has a fundamental right to the fruits of our labor, which includes the right to exchange the money we earn for products and services. When governments respect that right, mutually beneficial transactions replace zero-sum interactions that forcibly transfer resources from losers to winners. The value of those voluntary transactions does not depend on where buyers and sellers happen to be located.

    Trump's rejection of those principles pervades the second-term agenda he unveiled this week. He promises not only to "create 10 million new jobs in 10 months"—which itself betrays a basic misunderstanding of the president's powers and the way a market economy works—but also to "keep jobs in America" through "Made in America" tax credits and "fair trade deals that protect American jobs."

    It's difficult to respect either candidate when they seem to be competing on who's more misguided on free-market econ.


  • David French wonders at the Dispatch: Who Needs a Platform When You Have Negative Partisanship?.

    Over the weekend, the Republican Party and Trump campaign did two things that should be rather shocking. Indeed, in ordinary times they would be. But these are not ordinary times. 

    First, the party decided that it would not create a party platform for 2020. Instead, the party adopted a resolution that it would “enthusiastically support the President’s America-first agenda” rather than issue the normal, detailed statement of Republican principles and policies. The party was now plainly organized around a person. 

    Second, later that same evening, President Trump issued his second-term agenda, a series of bullet points titled “Fighting for You!” This was not a statement of ideology or philosophy. Instead, as my former colleagues at National Review noted in an excellent editorial, the document “is better understood as a series of aspirations, with little sense of how the powers of government might plausibly be used to achieve any of these goals”:

    Thus, we are told, a reelected Trump would “Create 10 Million New Jobs in 10 Months,” “Return to Normal in 2021,” “Cut Prescription Drug Prices,” “Protect Social Security and Medicare,” “Wipe Out Global Terrorists Who Threaten to Harm Americans,” and “Partner with Other Nations to Clean Up our Planet’s Oceans.” How are voters supposed to evaluate a fuzzy and stilted pledge such as “Drain the Globalist Swamp by Taking on International Organizations That Hurt American Citizens”?

    Moreover, the document is just as notable for what it omits as for what it includes. There is no mention of abortion or religious liberty. There is no mention of the Constitution at all. In past campaigns, these omissions would have led to thunderous denunciations from conservatives. 

    The Republican Party has ceased to be a party that even pays lip service to the principles it once thought were important. (Or at least important to tell the bubbas about.) Now it's just Trump. Who doesn't stand for anything besides Trump.


  • And Megan McArdle takes to the WaPo so she can be Cutting through the convention spin on Trump’s response to COVID-19.

    Long before the conventions opened, it was clear that covid-19 would be the central narrative of this election. Cue Republican convention segments that strenuously implied that President Trump had taken the virus more seriously than Democrats . . . that he’d cut through bureaucratic red tape and PC nonsense to take bold action . . . that his resolve, plus a hefty dose of American greatness, have put the country in an enviable position, covid-wise.

    The moments were exceptionally well-produced, even stirring, if you didn’t know that Trump’s response to covid-19 has been well below average for the leader of a developed country.

    Comparing Trump to the Pacific Rim, where the experience of SARS prepared countries for another viral outbreak, is perhaps not fair. Let’s compare him to Europe, where most governments made catastrophic errors.

    Still, Trump managed to underperform.

    Yes, I know (and Megan knows) that there were plenty of screwups by the FDA, the CDC, and various politicians, especially Cuomo and de Blasio. But…


Last Modified 2024-01-23 5:01 AM EDT