Cato Podcast - "Public Sector Unions Threaten Prosperity" featuring Armand Thieblot

"A Arte da Fuga" ("Die Kunst der Fuge", BWV 1080) é uma obra-prima de Johann Sebastian Bach:
um único tema musical persegue-se, a si mesmo e as múltiplas variações, num diálogo musical intenso desenvolvido a diversas vozes, rico de simetrias, inversões, ritmos e tempos diferentes.
Fugas para aartedafuga@gmail.com
Global records of surface temperature over the last 100 years show a rise in global temperatures (about 0.5° C overall), but the rise is marked by periods when the temperature has dropped as well.Bottomline, os modelos actuais não têm poder explicativo para o passado, condição necessária para poderem prever o futuro.
If the models cannot explain these marked variations from the trend, then we cannot be completely certain that we can believe in their predictions of changes to come.
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| How an Economy Grows (and Why it doesn't) (PDF) | The Kingdom of Moltz (PDF) |
Leaving the detectives’ office, Bond used a term to describe his feelings that he’s since concluded is inappropriate, but it gives an idea how strongly he felt at the time. He called it data-rape.
The journalist and privacy campaigner Henry Porter told Bond that privacy is like eyesight, or touch: “It’s that important.” Phil Booth, national co-ordinator of the campaign No2ID, broadly agrees. “Privacy is not something that people feel, except in its absence. Remove it and you destroy something at the heart of being human.”
In 1992, Jim Gray, a conservative judge in conservative Orange County, California, held a press conference during which he recommended that we rethink our drug laws. Back then, it took a great deal of courage to suggest that the war on drugs was a failed policy.
What if a small group of extremist Americans high-jacked passenger planes in another country and flew them into skyscrapers in a major foreign city killing thousands of innocent people?
Would it then be proper and moral for that country, and with the full use of its military, to attack and occupy the entire United States? Would it then be right for that invading army to take over and demand that all U.S. citizens bow to their command? Would it be right for that country’s forces to kill and maim all who refused to comply with their demands? And would it be right for that foreign invading entity to destroy the entire infrastructure of America?
2081 depicts a dystopian future in which, thanks to the 212th Amendment to the Constitution and the unceasing vigilance of the United States Handicapper General, everyone is “finally equal….” The strong wear weights, the beautiful wear masks and the intelligent wear earpieces that fire off loud noises to keep them from taking unfair advantage of their brains. It is a poetic tale of triumph and tragedy about a broken family, a brutal government, and an act of defiance that changes everything.
Representative democracy cannot subsist if a great part of the voters are on the government payroll.
..... nearly half of U.S. households will pay no federal income taxes for 2009 .... These Americans pay no federal income tax either because their incomes are too low or they have higher income but credits, deductions and exemptions that relieve them of tax liability.
This lack of income tax liability stands in stark contrast to the top 10 percent of earners .... who paid about 73 percent of federal income taxes. The top 25 percent paid 86 percent. The bottom 50 percent of taxpayers paid less than 4 percent of federal income taxes collected.
121 million Americans completely outside the federal income tax system .... become a natural spending constituency for big-spending politicians.
After all, if you have no income tax liability, how much do you care about deficits, how much Congress spends and the level of taxation? Political calls for tax cuts and spending restraints have little appeal .... Tax cuts to many Americans mean just one thing: They pose a threat to the federal handouts they receive.
Here's my perhaps politically incorrect question: If one has no financial stake in our country, how much of a say-so should he have in its management? Let's put it another way: I do not own stock, and hence have no financial stake, in Ford Motor Company. Do you think I should have voting rights or any say-so in the management of the company?
This 46-minute documentary is a fast-paced look at how we got into the financial crisis and how our way of dealing with it is setting the stage for the next crisis. Produced for European television but also headed for American TV, the film features interviews with Vernon Smith, Peter Schiff, Robert Van Order, Megan McArdle, and former comptroller general David Walker. It is co-written and narrated by Cato senior fellow Johan Norberg, author of In Defense of Global Capitalism and Financial Fiasco: How America's Infatuation with Home Ownership and Easy Money Created the Economic Crisis.
Federal governments are not only monopolists, they are the biggest monopolists in the world. The speaker talked about businessmen possibly transferring millions of dollars of value to them, but the government regularly transfers billions and more. If we’re going to worry about monopolies, let’s worry about the federal government, let’s decrease the barriers of entry, and make the government industry more competitive. Seasteading, secession, state’s rights, moving activities to cyberspace, spacesteading, tax competition – these are our weapons in the fight against low quality governance.
Rather than truth telling, we are becoming an economy of liars. The cause is straightforward: crony capitalism.
The idea that multiplying rules and statutes can protect consumers and investors is surely one of the great intellectual failures of the 20th century. Any static rule will be circumvented or manipulated to evade its application.
Public choice theory has identified the root causes of regulatory failure as the capture of regulators by the industry being regulated. Regulatory agencies begin to identify with the interests of the regulated rather than the public they are charged to protect.
We call that system not the free-market, but crony capitalism. It owes more to Benito Mussolini than to Adam Smith.
If we want to restore our economic freedom and recover the wonderfully productive free market, we must restore truth-telling on markets .... No one admits to preferring crony capitalism, but an expansive regulatory state undergirds it in practice.
What made the resurgence of communism easier — not only in Latin America, but around the world — was the cowardly timidity of Western right-wingers who, instead of taking the opportunity of the fall of the USSR to punish the communists for their crimes, chose instead a policy of “extending them a hand,” as if asking for their pardon for having defeated them.
I call “meta-capitalists” the individuals and groups which grew so wealthy with the market economy that they can’t stand anymore being at the mercy of the free market and seek, instead, to control everything, supporting bureaucracy instead of capitalism. Meta-capitalists are natural allies of the communists .... What we have is a gigantic symbiosis of all globalist and statist forces around the world.
The economic consequences of the volcanic ash cloud covering Europe have been the topic of much discussion in the last few days.
What at first seems like a real mess is in fact a one-in-a-lifetime economic opportunity: think of all the jobs that will be created in cleaning up that ash! Given the double-digit rates of unemployment that affect much of Western Europe, the ash is something of a gift as it could conceivably create clean-up jobs for millions. Think of the new demand for brooms and vacuum cleaners and cleaning supplies that will be necessitated. Those folks will make nice profits and probably hire more workers as well. The volcano might be the best thing that ever happened to these industries.
I think we should be encouraging more volcanic eruptions, earthquakes, hurricanes, urban riots, terrorist attacks, and window breaking because each and every one of them create all kinds of job and profit opportunities for different parts of the economy when we have to clean up from the mess they make.
Today we will consider a model for replacing our current form of government with an insurance-based model.
The insurance model would also remove unproductive emotions from international affairs. Many of our problems in the world seem to revolve around which leaders have bruised egos, who is getting snubbed, and that sort of thing. If the United States of Insurance started making decisions based on actuarial tables, other countries would find it hard to find any negative emotion other than boredom.
I agree that this imagined future can never happen. We don't have the sort of government that can change. It's just interesting to think about.A ideia falha ao considerar um monopólio da tal actividade seguradora. Mas é um passo interessante a um dos pilares da ideologia anarcocapitalista - entidades privadas semelhantes a seguradoras, assegurando a provisão de legislação, Justiça, e Defesa.
When news of the vaccine's success was made public on April 12, 1955, Salk was hailed as a "miracle worker", and the day "almost became a national holiday." His sole focus had been to develop a safe and effective vaccine as rapidly as possible, with no interest in personal profit. When he was asked in a televised interview who owned the patent to the vaccine, Salk replied: "There is no patent. Could you patent the sun?"
El colectivismo, tanto de de derechas como, sobre todo, de izquierdas ha odiado siempre el coche, símbolo material de la libertad, la autonomía y la planificación personal.
El contraste con el ideal colectivista no puede ser mayor. Frente a las latas de sardinas del transporte colectivo en las que la comodidad brilla por su ausencia, el aroma corporal inunda los pulmones, el rumbo lo dicta un burócrata y el horario lo marca cualquiera menos el pasajero, el coche permite disfrutar del confort, de la ambientación sonora y aromática que a uno más le guste; permite, en definitiva, desarrollar los planes particulares y elegir el destino personal.
One of the more insidious effects of minimum wages is that it lowers the cost of racial discrimination; in fact, minimum wage laws are one of the most effective tools in the arsenals of racists everywhere, as demonstrated by just a couple of examples.Substituir whites por "profissionais estabelecidos" e blacks por "estagiários".
During South Africa's apartheid era, its racist unions were the major supporters of minimum wages for blacks. South Africa's Wage Board said, "The method would be to fix a minimum rate for an occupation or craft so high that no Native would likely be employed."
In the U.S., in the aftermath of a strike by the Brotherhood of Locomotive Firemen, when the arbitration board decreed that blacks and whites were to be paid equal wages, the white unionists expressed their delight saying, "If this course of action is followed by the company and the incentive for employing the Negro thus removed, the strike will not have been in vain."
Tragically, minimum wages have the unquestioned support of good-hearted, well-meaning people with little understanding who become the useful idiots of charlatans, quacks and racists.
.... all over the world we humans have so much in common, so much love, and need, and desire, and compassion and loneliness, some of us still want to do things that the rest of us think are bug-nutty .... I love people doing things I can't understand. It's heartbreaking to me when people stop doing things that I can't see any reason for them to be doing in the first place.
Lack of freedom can be measured directly by lack of stupid. Freedom means freedom to be stupid. We never need freedom to do the smart thing. You don't need any freedom to go with majority opinion. There was no freedom required to drive a Prius before the recall. We don't need freedom to recycle, reuse and reduce. We don't need freedom to listen to classic rock, classic classical, classic anything or Terry Gross. We exercise our freedom to its fullest when we are at our stupidest.
Aggregation - This way of compressing diverse, economywide transactions into single variables has the effect of suppressing recognition of the complex relationships and differences within each of the aggregates.
Relative Prices - Vulgar Keynesianism takes no account of relative prices or changes in such prices. In this framework, there is only one price, which is called “the price level”
The Rate of Interest - The vulgar Keynesian does not understand what the rate of interest really is. He fails to comprehend that it is a crucial relative price—namely, the price of goods available now relative to goods available in the future.
Capital and Its Structure - Because the vulgar Keynesian is blind to these microdistortions and to the need
for their correction in the wake of an artificially induced boom, he fails to see any
need for the bankruptcies and unemployment that necessarily attend a substantial
economic restructuring.
Malinvestments and Money Pumping - With their great, simple faith in the efficacy of government spending as a macroeconomic balance wheel, vulgar Keynesians disregard malinvestment, past and future, and support government spending in excess of the government’s revenues, the difference being covered by borrowing.
Regime Uncertainty - Vulgar Keynesians are nothing if not policy activists. Like Franklin D. Roosevelt, they believe that the government should “try something,” and if it doesn’t work, try something else

Socialized Medicine is the Keystone to the Arch of the Socialist State.
The American people will never knowingly adopt socialism, but under the name of liberalism they will adopt every fragment of the socialist program until one day America will be a socialist nation, without knowing how it happened..
Lord Acton and F.A. Hayek have inspired the two most popular explanations for the crimes of actually-existing socialism. While Acton never lived to see socialists gain power, their behavior seems to perfectly illustrate his aphorism that, "Power tends to corrupt, and absolute power corrupts absolutely." For all their idealism, even socialists will do bad things if left unchecked. Hayek, with the benefit of hindsight, suggested a slightly different explanation: Under socialism, "the worst get on top." On this theory, the idealistic founders of socialism were gradually pushed out by brutal cynics as their movement's power increased.De acordo com Ilya Somin:
Richter's novel advances a very different explanation for socialism's "moral decay": The movement was born bad. While the early socialists were indeed "idealists," their ideal was totalitarian. Their overriding goals were to engineer a new society and a New Socialist Man. If this meant treating workers like slaves - depriving them of the freedom to choose their occupation or location, forbidding them to quit, splitting up families without their consent, and imposing draconian punishments on dissenters - so be it.
The three theories aren’t mutually exclusive. All of them may have some validity. Still, the evidence supports “born bad” much more than the others. Acton and Hayek’s theories both imply that there should be a significant time lag between the time when the socialists take power and the start of really serious oppression. Even if absolute power corrupts absolutely, it doesn’t do so immediately. Similarly, it takes time for the “idealistic founders” to be replaced by “brutal cynics.”
Some still argue that the system could work if it were headed by more idealistic leaders or was more democratic. The validity of the “born bad” theory stands the idealism argument on its head. More idealistic leadership leads to more oppression in socialist regimes, not less. “Born bad” also weakens the democracy argument. If socialism inherently requires massive coercion and repression, any socialist system is unlikely to stay democratic for long.
Mr. Obama should not only apologize to the thousands of young, unpaid volunteers whom he exploited in 2008 for his own profit – namely, to win his election to the highest pulpit in the land – he should also give to each and every one of them back pay (with interest) for their efforts on his behalf.
.... the people in government need to learn that the free market must be allowed to work. The laws of economics are as immutable as the laws of physics. To pretend that any one person can design a better health care market makes absolutely no sense. It simply cannot be done, because markets are self-organizing; they can’t be designed.
As a practical matter, those involved in a centrally-planned government have to protect their own interests, their friends and political connections, and the interests of those people as well. A centrally-planned economy is all about allocating resources according to political connections, whereas capitalism is about the free market and the individual’s freedom to choose for himself.
Whatever the political class is practicing has nothing to do with capitalism. It has everything to do with cronyism, and it’s just not right. It’s a racket, that’s all.
Governments will not hesitate to take your money against your will. Think of it this way: if we really wanted all the services that the government provided, the government wouldn’t have to force us to pay for them.

Since at least the 12th century until very recently, entry into a profession has come via an apprenticeship, or, in the American terminology, a formal internship. A young person comes to work with people experienced in a trade, usually in exchange for office space, housing, tools to use, but little or no monetary compensation. Everyone wins: the employer gets to scope out a potential hire, and the intern gains priceless experience and a later job offer, new contacts, or a letter of recommendation.
What is the alternative? It is the completely la-la-land view, emerging sometime after World War II, that a student can sit at a desk listening for 16 to 20 years and thereby be prepared to call down immediately a substantial salary from a firm by virtue of the great value he or she provides.
Who loses if this crackdown succeeds? The same groups that are winning under the present increase in internships: young people and their employers and would-be employers.
As empresas que recorram a estagiários para desempenharem funções permanentes serão obrigadas a colocar esses trabalhadores no quadro. A medida está prevista no documento que a ministra do Trabalho, Helena André, entregou ontem aos parceiros sociais e que visa proibir os estágios extracurriculares não remunerados.Note-se: isto vindo do mesmo Estado que:
Pressuring politicians on climate change is not working .... We need to hit them where it hurts most, by any means necessary: through the power of our votes, our taxes, our wallets, and more.
If you're one of those who have spent their lives undermining progressive climate legislation, bankrolling junk science, fueling spurious debates around false solutions, and cattle-prodding democratically-elected governments into submission, then hear this:James Lovelock: Humans are too stupid to prevent climate change:
We know who you are. We know where you live. We know where you work.
This is the stark conclusion of James Lovelock, the globally respected environmental thinker and independent scientist who developed the Gaia theory.
One of the main obstructions to meaningful action is "modern democracy", he added. "Even the best democracies agree that when a major war approaches, democracy must be put on hold for the time being. I have a feeling that climate change may be an issue as severe as a war. It may be necessary to put democracy on hold for a while."

American cities sprawl because Americans, like people all over the world, prefer to live in single-family homes and like to have a little land they can call their own for gardening, entertainment, and play areas. The automobile made it possible for almost everyone to achieve this dream, where before the auto only the upper classes could do so.
So which is the appropriate libertarian view? .... simply eliminate zoning codes .... and let people do what they want (including, if they want, living in high-density developments or low-density developments with deed restrictions providing the stability that zoning once offered)?
The real hypocrites are the so-called progressives .... who claim to care about low-income and disadvantaged people yet support policies that will prevent most such people from ever owning single-family homes.
.... the left with their regressive agenda are in complete denial about the sinister motives that drive their so-called "compassion" for others. Progressivism is just another strategy to obtain power over the lives of others. Getting this kind of power over others--and at the same time reinforcing your own grandiosity and sense of superiority!-- is far more important than trying to convince others of your position.
The creation of wealth is only dependent on human thought, human ingenuity, and human desire.
When Marxists (or closet Marxists like Barack Obama) talk about "controlling the means of production" they are quite simply talking about controlling the human MIND. And when they talk about limiting your ability to pursue your happiness, i.e., obtain goods that you value; they are talking about controlling the human spirit.
.... environmentalism and its most extreme version, global warming alarmism, asks for an almost unprecedented expansion of government intrusion and intervention into our lives and of government control over us
It is, however, not only about freedom. Environmentalism also wants to suppress economic growth, reduce prosperity and hinder human progress .... Some of us know that freedom and prosperity cannot be separated but it is evident that environmentalism – as the recent Copenhagen conference demonstrated – wants to impair prosperity and stop human progress especially in the developing world. And that is unacceptable.
Politicians, their bureaucrats as well as many well-meaning individuals who accept the alarmist view of anthropogenic climate change probably hope that – by doing so – they are displaying intelligence, virtue and altruism. Some of them even believe they are saving the Earth. We should tell them that they are merely passive players in the hands of lobbyists, of producers of green technologies, of agrobusiness firms producing ethanol, of trading firms dealing in carbon emission rights, etc., who hope to make billions at our costs. There is no altruism there. It is a political and business cold-hearted calculation.Bónus: EU President-"Global Warming" Being Used As A Vehicle To Suppress Human Freedom
We hold these Truths to be self-evident; that through the beneficent hand of government, Society (50%-plus-one) ought to....
1. Provide money solely to public education. History shows that public schooling does not discriminate based on color, creed, or ability.
2. Provide health care — paid for and regulated by the federal government but only available for sale within state borders. It is important to preserve “States Rights,” something southern Democrats taught us prior to 1964, but we have forgotten.
3. Provide “Money for Nothing” if a person cannot otherwise afford a house. See: “Dire Straits–Mortgage Theory.”
As the George Washington of our time put it:
“Can we do it? Yes, we can!”
It was one of the great virtues of Lord Acton to have realized that the Catholic Church is subject to all of the imperfections of any other human institution, especially those with little transparency. The current sex-abuse scandals in the Catholic Church would have been of great concern to him. He was also concerned with the issue of papal infallibility on faith and morals. He opposed the doctrine and helped organize opposition to it at the First Vatican Council .... He believed that it had no basis in history or theology.
My point is that although the doctrine of infallibility has not been used much, it has colored all of the pronouncements of the pope and Church .... The pope may not be speaking ex cathedra (from the Chair of Peter – infallibly) but various formal statements seem to have different degrees of seriousness and hence somehow partake in the infallibility aura.
“Power tends to corrupt and absolute power corrupts absolutely,” said Lord Acton. This seems more consistent with Jesus’s statement, “The truth shall set you free” than the Church’s institutional desire to avoid scandal.

Q: Doesn't suggesting that a propensity to cheat is hard-wired in some guys give unfaithful husbands the perfect excuse?Bottomline, quaiquer que seja a "programação" genética de cada um de nós, não se comporte como um selvagem quem quer ser tratado como uma pessoa civilizada.
A: I don't think it lets you escape responsibility, but I think it lets one honor that underlying impulse and then realize why it's so important to have all the religious and social principles that we're raised with. No matter what [a boy's] genes are, we need to be laying out good role models for how one behaves in one's life. I feel very strongly: this is not an excuse for men to behave badly. But it is something to help men have a deeper insight into themselves, and women to have a deeper insight into men.
Britain is one of the world's leading surveillance states. Privacy International, an advocacy group, ranks the U.K. right behind flagrant offenders like Russia and China. But such concerns didn't hit home for British filmmaker David Bond .... decided to see what it would take to escape detection for a month in his data-happy homeland.
".... the British government has drawn the line in a pretty frightening place. I think those reasons are terrorism, fear of crime and also the fact that we didn't we have the problems in the Second World War that our European neighbors did. We don't have the kind of collective memory of what its like to live in a state that surveils its population.
Government planning has never been a good way to allocate resources. Didn’t we figure that out after the collapse of the Berlin Wall and the demise of the Soviet Union? Here’s an example where health care was rationed and unavailable to some even as a surplus was produced that will be wasted. Is there any reason to think that this won’t become more common as government becomes increasingly involved in the administration of our health care system?
Vou dar um exemplo. Nunca me senti à vontade com a democracia de sufrágio universal, em parte porque nunca encontrei uma explicação racional para ela.
Existem semelhanças entre mim e um rapaz acabado de nascer, e são sobetudo exteriores. Mas as diferenças são muito mais consideráveis, e são sobretudo interiores. E a conclusão mantém-se válida se a comparação for feita com um jovem de 18 anos. Quando a democracia de sufrágio universal me considera igual a um jovem de 18 anos e atribui ao meu voto um peso igual ao dele, aquilo que, na realidade, está a fazer é a depreciar-me, a pôr-me ao nível de um miúdo. E isso eu não aceito.
Eu aceito participar num processo democrático quando os outros eleitores sejam meus pares .... Ora, eu considero que um miúdo de dezoito anos não é meu par coisa nenhuma. Na realidade, tem idade para ser meu neto.
I’m Running For Free Markets, For Capitalism, For Liberty, For The Constitution
Different Americans have different and often intense preferences for all kinds of goods and services. Some of us have strong preferences for beer and distaste for wine while others have the opposite preference -- strong preferences for wine and distaste for beer.[texto ligeiramente alterado]
When's the last time you heard of beer drinkers in conflict with wine drinkers? It seldom if ever happens because beer lovers get what they want. Wine lovers get what they want. And they all can live in peace with one another.
It would be easy to create conflict among these people. Instead of free choice and private decision-making, clothing decisions could be made in the political arena. In other words, have a democratic majority-rule process to decide what drinks that would be allowed. Then we would see wine lovers organized against beer lovers. Conflict would emerge solely because the decision was made in the political arena.
Why? The prime feature of political decision-making is that it's a zero-sum game. One person's gain is of necessity another person's loss. That is if wine lovers won, beer lovers lose. As such, political decision-making and allocation of resources is conflict enhancing while market decision-making and allocation is conflict reducing. The greater the number of decisions made in the political arena, the greater the potential for conflict.
In recent years, a key axiom that every investment manager learnt at school (or, more accurately, in an MBA class) was that the rate at which triple A-rated countries such as America could borrow money could be labelled the “risk-free” rate – and corporate (and) other borrowing costs could be measured against it.
But is it time to rethink that “risk-free” tag?
.... we do not live in “normal” markets right now. While the surface may look calm, the inner cogs of the financial system have been distorted by government intervention in ways that are still barely understood.Ron Paul: "What The Federal Reserve Still Fails To Realize Is That Intervention In The Economy Is Always Harmful":
That, coupled with spiralling levels of government debt, has the potential to cause all manner of investment assumptions to go awry .... If we are moving into a world where government debt is no longer automatically deemed “risk-free”, partly because it no longer has any scarcity value, this will be a different world to the one investors know.
Unlike the late French economist, Frederic Bastiat, the Fed only sees what is seen, the superficial results of its policies, and not what is unseen, the effects of its monetary intervention throughout the economy. Monetary inflation leads to malinvestment ....