Publius on Brayton?
Timothy Sandefur on Jan 31st 2007
This post (found via VC) reminds us of a great passage from the Federalist that eloquently answers the idiocy of Stephan Kinsella’s statements regarding me and Ed Brayton:
An enlightened zeal for the energy and efficiency of government will be stigmatized, as the off-spring of a temper fond of despotic power and hostile to the principles of liberty…. It will be forgotten, on the one hand, that jealousy is the usual concomitant of love, and that the noble enthusiasm of liberty is apt to be infected with a spirit of narrow and illiberal distrust. On the other hand, it will be equally forgotten that the vigor of government is essential to the security of liberty; that, in the contemplation of a sound and well-informed judgment, their interest can never be separated; and that a dangerous ambition more often lurks behind the specious mask of zeal for the rights of the people than under the forbidden appearance of zeal for the firmness and efficiency of government. History will teach us that the former has been found a much more certain road to the introduction of despotism than the latter, and that of those men who have overturned the liberties of republics, the greatest number have begun their career by paying an obsequious court to the people; commencing demagogues, and ending tyrants.
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Ben Franklin on PA’s Religious Test
Jonathan Rowe on Jan 31st 2007
Pennsylvania’s religious test in its Constitution written in 1776 illustrates why I am suspicious of viewing the Founding (as it regards religion, but other important issues as well) through the lens of federalism. The original Constitution was extremely limited in power and left the states lots of room to engage in practices entirely contrary to Founding ideals — the worst practice, of course, being slavery.
The Founders separated Church and State at the federal level: The unamended Constitution abolished federal religious tests and left religion entirely unempowered in a Constitution of limited enumerated powers. The amended Constitution prohibited a federal establishment and guaranteed against federal free exercise violations (things that most agreed the federal government didn’t even have the enumerated power to do under the unamended Constitution). But they left the states free to violate free exercise, erect establishments and pass religious tests. While a few notable founders (Washington and Adams) thought a mild establishment didn’t violate “the rights of conscience” (while Jefferson and Madison thought all establishment did), all notable Founders agreed that free exercise ought to apply universally (to religions, whether Christian or not) and that all such religious tests violated the rights of conscience. States, alas, under the original power scheme, were permitted to violate the rights of conscience. But make no mistake, when states did these things like passing a religious test for holding public office, our Founders viewed this as violating the natural rights enunciated in the Declaration of Independence. Continue Reading »
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John McCain’s Doubletalk
Ed Brayton on Jan 31st 2007
This is classic, a Youtube video showing John McCain contradicting himself left and right, saying one thing to one audience and the opposite to another audience. Of course, one could make an identical video about virtually every major politician in the country. And I think they should. I’ll be glad to post similar videos about every politicians they’re made about. The video below the fold.
Continue Reading »
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A Fly on the Wall
Jason Kuznicki on Jan 31st 2007
“Gentlemen, as you all know, we have a problem,” said the Information Minister.
The scene: a dictatorship. It doesn’t really matter which one. All that matters is that the leadership is assembled, and that for once they are talking freely. The iPods are stowed, and the cognac is out. The cigars are Cuban, of course.
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Questions on Mises XIII and XIV: All or Nothing?
Jason Kuznicki on Jan 30th 2007
At the opening of chapter 18 of The Theory of Money and Credit, Mises writes:
Admittedly, the question does arise: Are there any persons whose capacity to pay is so completely certain as to be quite beyond all doubt? And it may be pointed out that more than one bank, whose solvency nobody had dared to call in question even the day before, has collapsed ignominiously; and that so long as the remembrance of events of this sort has not entirely vanished from human memory, it must evoke at least a small difference between the valuation of money and that of claims to money payable at any time, even if, as far as human foresight goes, these latter are to be regarded as completely sound.
It is undeniable that such questions reveal a possible source of a certain lack of confidence in notes and checks, which would necessarily result in money substitutes having a lower value than money. But, on the other hand, there are reasons which might cause individuals to value money substitutes more highly than money, even if demands for the conversion of money into money substitutes were not always satisfied immediately.
Fair enough; I can see both sides of this. But….
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Ironies
Jonathan Rowe on Jan 28th 2007
When Bishops, a generation after Hobbes’s death, almost naturally spoke the language of the state of nature, contract and rights, it was clear that he had defeated the ecclesiastical authorities, who were no longer able to understand themselves as they once had.
– Allan Bloom, The Closing of the American Mind, pp. 141-42
Jay Rogers, the Christian Reconstructionist from my previous posts, and I have been cordially exchanging emails. His info seems to confirm what I already knew: except for Gary North, all of the other major figures in that movement argue that “theonomy” is completely in line with Founding principles and they otherwise swallow hard the “Christian America” thesis.
I find this ironic because I always considered CRs to be the most “literal” of the fundamentalists who argue for the “purest” reading of the Bible, even willing to defend those “scary” verses that other evangelicals argue are no longer relevant in today’s day and age. (And yes, I know I have conservative evangelical and Catholic readers who think the CRs’ reading of the Bible to be unsound).
As I’ve learned in the email exchange, their embrace of the “Christian Nation” thesis arguably has diluted the “purity” of their reading of the Bible. Mark Noll, the premier evangelical scholar once noted, similar to the above quotation by Bloom, “In 1700 religion had been an ‘exporter’ of ideas and behavior patterns to American society; by 1800 it was an ‘importer.’”
Reconstructionists and Christian America advocates argue that even men of the Enlightenment like Jefferson and Franklin were influenced by the “Biblical worldview.” And while that is true to some qualified extent, the converse, suggested by Bloom and Noll, is likewise true: that even “men of the Bible” — the orthodox Christians — were influenced by “Enlightenment” ideas. Contra the claim that it was the “Great Awakening” that sparked off the American Revolution, the leading clergy preaching “patriotic” sermons — Mayhew, Chauncey, Gay, and West — were theological opponents of Edwards and his Great Awakening. Arguably, as theological unitarians, they weren’t “Christians” at all. By 1776 unitarianism, universalism, and Arminianism were already firmly entrenched in the New England Clergy. And Calvin’s influence had begun to wane. These “enlightened” preachers, like our key Founders, elevated man’s reason over revelation and otherwise took a cafeteria approach to the Bible, especially when they argued, contra Romans 13, for a right to revolt.
One orthodox Christian committed to defending the notion that a right to revolt is “Biblical” told me that even if Mayhew et al. weren’t “Biblical” in their unitarianism, their sermons on the right to revolt were (hence, Mayhew and company were “Biblical” in their worldview). I argued, again, we could view the issue conversely. Calvinism and Christian orthodoxy, though on the wane in New England by 1776, certainly weren’t dead. And some/many notable patriotic Whig preachers were traditional orthodox Christians and Calvinists. Ezra Stiles comes to mind. Samuel Langdon (I’m still reading up on him) was also a notable patriotic preacher and I think an orthodox Christian. Yet, Stiles and Langdon likewise “imported” Enlightenment philosophy not only into their patriotic preaching but into their readings of the Bible itself.
Mr. Rogers, while attempting to argue that the Founders modeled our government on Biblical principles, seems to endorse wholesale the contents of Samuel Langdon’s sermon entitled THE REPUBLIC OF THE ISRAELITES AN EXAMPLE TO THE AMERICAN STATES. From the title alone we should see a problem with the soundness of Langdon’s sermon as the Ancient Israelites did not have a Republic. This sermon, while sounding very nice, constitutes a mythic account of the Ancient Iraelites, not at all supported by the text of the Bible. In short, even orthodox Christians could, like the unitarians whose specialty was an unorthodox/cafeteria biblical hermeneutic, play “fast and loose” with biblical texts to fit their Whig-republican propaganda. Nothing in the Bible suggests that the Israelites as “a people” consented to the Kings or elders that God unilaterally put in charge to rule over them. Though, this is exactly what patriotic preachers like Langdon argued.
As I noted to Mr. Rogers, of course, in a nation with many orthodox Christians and where the Bible was important, and given the natural religious impulse in man, the revolutionaries would argue that God/the Bible was on their side. The anti-revolutionary Tories also had preachers on their side and without question their “literal” interpretation of the Bible was as sound if not sounder than the Whig/republican interpretation.
Arguably, this importing of “a-Biblical” Enlightenment philosophy into the Bible constituted an “abuse” of the Bible. And one would think that Christians devoted to a “pure” reading of the Bible would reject it.
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Since You’ve Been Gone
Jonathan Rowe on Jan 27th 2007
No, not that terrible pop-song by the American Idol what’s her name, but the one that rocks done by Ritchie Blackmore’s Rainbow. What’s notable about this video is how Graham Bonnet is a great rock/metal singer without at all fitting the image (and unfortunately when we are talking about making it big with multi million dollar record contracts, that is something that can kill your chances). He looks like Jim Carey up there. If a rock musician is unattractive or otherwise doesn’t fit the “image” they are supposed to, that probably means they are good because they have to make it in spite of all that.
I think because of the popularity of the American Idol song with the same name that some DJ has done a dance remix of this classic Rainbow song.
Here is Bonnet playing this tune with guitar legend Yngwie Malmsteen who was in Bonnet’s band Alcatraz. I always thought Malmsteen worked better in this band type of environment where he wasn’t in charge and solely responsible for writing all the lyrics and melodies. While his solo stuff has some cool instrumental tunes like Blackstar, he also has many songs with God-awful lyrics and badly written attempts at commercial-like metal songs.
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Coffee is for Closers
Jonathan Rowe on Jan 27th 2007
While I am not too keen on the anti-capitalist politics of this move, Glengarry Glen Ross has great acting. Alec Baldwin (just the man to play this character) is surprisingly good here.
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Arkes on Natural Law (Shh!)
Timothy Sandefur on Jan 27th 2007
I’ve long enjoyed Hadley Arkes’ writings on natural law, although I strongly disagree with much of what he says. But I’ve always recommended his The Return of George Sutherland as one of the best books on law I’ve ever read. In the current issue of The Claremont Review of Books, he has an essay which, again, has much that is disputable, but also has some choice observations. I particularly enjoyed this:
[H]ow do we know that [the Constitution trumps statutes]…since this understanding, so critical to the practice of our law, is not contained in the Constitution. As Hamilton put it, these rules to guide the law are “not derived from the positive law, but from the nature and reason of the thing.”
Might this have been what Blackstone had in mind when he referred to “the laws of reason and nature”? But conservatives seem serenely unaware that they are doing natural law when they bring to bear on the cases at hand a rigorous application of the canons of reason…. In [Rapanos v. United States, Justice Scalia] had to remind Justice Kennedy that that which is “like navigable waters” is not itself “navigable waters,” under the statutes of the United States—or, we might add, the statutes of any other place. So compelling, in fact, was his argument, that it is quite plausible that courts in exotic places, in Zimbabwe or Hungary, could find their way to the same ground in settling their legal judgments. The law of contradiction is universal because it is logically necessary. When jurists bring to bear the canons of reason, grounded in that law of contradiction as its anchoring point, they furnish the ground for a law that is no less universal in its reach. They are doing in effect the law of the dreaded N-word (nature, natural law). Or we might say, the Law of You-Know-What—just as long as we don’t say the word and acknowledge that we may be doing natural law, even while we spend a certain genius in deriding that enterprise.
Hadley Arkes, The Constitution And Mr. Bush, Claremont Rev. of Books 57-58 (Winter 2007).
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Compared to Proust, Uncas, Chingachgook and Warren Harding Are as Much Fun as Mae West
Jason Kuznicki on Jan 27th 2007
Marcel Proust has been my guilty pleasure lately. This morning I was fascinated to read the following passage from Le Côté de Guermantes, which describes a thought I have had almost every single night for years on end as I fall asleep. The translation is mine:
Despite everything, the world we inhabit in our sleep is so different that those who have trouble sleeping try above all to leave our own. After rehashing desperately, for hours on end, with eyes closed, such thoughts as might otherwise be had with open eyes, they regain their courage if they perceive that the moment before was preoccupied with a reasoning in formal contradiction to the laws of logic and the evidence of the present, this short “absence” signifying that the door is open through which they can perhaps escape in time from the perception of the real…
And that’s it — that’s exactly how I notice that I’m falling asleep. I would only add to this that I have wondered, when I have had this thought, if I in fact am not already actually asleep, albeit still with the power to perceive my surroundings and to awaken if I desire.
I’m not going to fawn all over Proust. His narrator is a picky, prissy, snobbish wannabe aristocrat, which he named after himself in what should have been a serious red flag to some editor somewhere. Wannabe aristocrats disgust me. And “Marcel’s” observational eye is good enough to spot the many foibles of others, but never of himself. I’m hoping he gets his comeuppance in the next volume, because it isn’t looking that way in this one. Heck, Russel Baker was even right, at times.
Still, I like reading Proust. Just not with any particular sense of purpose: You don’t read Proust to finish reading Proust. You read Proust so you can tell everyone — often, for the rest of your life — that you are reading Proust. And also so you can enjoy little observations like the above, which are so ordinary that perhaps no one before Proust ever thought to record them, yet so true as to be compelling, even if the plot isn’t going anywhere at all.
That’s enough for today. I’ve got a question on Mises lined up for this weekend, but I want to think it over a bit more carefully before I post.
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Christian Recon Responds
Jonathan Rowe on Jan 26th 2007
Jay Rogers, the producer of the Reconstructionist video featured in my last post, has responded.
He appears to argue that the Recons are a bit kinder and gentler than we give them credit for.
It’s interesting. None of the “Christian Reconstructionists” interviewed in the God’s Law and Society video told us that they held the view that God requires the execution of these capital offenders mentioned here [homosexuals, adulterers, recalcitrant children, and those who openly worship "false gods"]. Steve Schlissel explains that even in Old Testament times, with the exception of murder, these were probably the worst case offenders that received the death penalty. We see in several passages in 1 and 2 Kings that homosexual temple prostitutes were banished rather than executed. King David was pardoned by God himself. Jesus forgave the woman caught in adultery. And so on.
What we do believe is that God’s Law is just. If God commands execution for a capital crime, then it is a just punishment. We can’t be squeamish about these Old Testament capital laws. This is what our God commanded.
Now whether our society today ought to enforce these laws “lock, stock and tablets” is another argument. There has been a change under the New Covenant regarding certain Old Covenant Laws. Every theonomist we interviewed agreed with this idea. I have always found it strange that people who are opposed to Christian Reconstruction always jump to the claim that we want to stone incorrigible children. No Reconstructionist has argued that we ought to do that.
Honestly I haven’t researched their writings in meticulous detail, but from what I understand, they do support execution for these things because the Bible in the OT does. See this article by Walter Olson on the matter.
And from what I’ve watched in the clips, while they don’t out and out say, yes, we will stone these folks to death, it nonetheless seems implicit in their remarks. For instance, watch this clip by Andrew Sandlin where he notes that folks who believe in false gods would have the “liberty” to worship in their homes but not in public. I’d like to get him on record stating, here’s how we would punish them and no we wouldn’t stone them to death as the Bible commands.
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Lee Strang on The Declaration’s Legal Significance
Timothy Sandefur on Jan 26th 2007
Prof. Lee Strang has published an article in the Penn State Law Review about the role of the Declaration of Independence in constitutional interpretation–a subject I find particularly important. Judging from the conclusion, it looks pretty interesting:
In this Article, I argued that the Declaration of Independence is one of many sources of the original meaning of the text of the Constitution. First, I laid out the background debate over the role of the Declaration in constitutional interpretation. Then I described how appeals to the Declaration have periodically arisen during times of national moral crisis, such as those over slavery or civil rights. I also detailed how scholars have relied on the Declaration to support dramatically inconsistent claims of political morality and constitutional norm.
Assuming an originalist perspective on constitutional interpretation, I then argued that the historical evidence from the Framing and Ratification of the “original” Constitution shows that the Declaration is simply one source of the original meaning of the Constitution. In addition, I argued that the Declaration is not the “interpretative key” to the Constitution because of the inconsistencies between the two documents, and because the Declaration cannot provide sufficient interpretative guidance. Lastly, I advanced arguments to establish that the Declaration is not independently legally binding. In doing so, I rebutted many of the common Declarationist claims.
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Adler on Mooney
Timothy Sandefur on Jan 25th 2007
Jonathan Adler’s discussion of Chris Mooney’s book The Republican War on Science looks very interesting. I hope it receives some respectful consideration. It’s very unfortunate (if often understandable) that so many scientifically literate and otherwise intelligent people regard all Republicans as thoughtless barbarians and semi-literate Bible-thumpers. That sort of stereotyping and smugness is just what liberals claim to detest…until they practice it themselves. Obviously political manipulation of science is a bad thing (and absolutely inevitable as long as scientists accept money from government and seek to influence policy choices). But to portray it as a product of the inherent ignorance of all conservatives, or to use some genuine scientific illiteracy among conservatives (e.g., creationism) as proof that anyone who believes in small government must be a knuckle-dragging moron is counterproductive. Worse, it’s unscientific.
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Irony at Cada Vez
Jason Kuznicki on Jan 25th 2007
Ladies and gentlemen, the Positive Liberty staff cordially asks you to disengage your irony meters before continuing. Further use may result in irreparable damage.
Oh, and the setup for this one is long, but the payoff is exquisite.
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Christian Recon TV
Jonathan Rowe on Jan 24th 2007
Or why I believe Islam is compatible with liberal democracy. You can view some of the famous Christian Reconstructionists (RJ Rushdoony, Andrew Sandlin, George Grant, etc.) advocating their theocratic vision of government on this YouTube channel. In their first best world, Old Testament style punishments would be imposed on, among others, adulterers, homosexuals, recalcitrant children, and those who proselytize for the worship of “false gods.” They are really not too far off from the Islamic Mullahs.
You often hear forces from the extreme right arguing that Islam is not compatible with liberal democracy, that the version we see coming from Bin Laden et al. represents true Islam, a “demonic” false religion. (Note: President Bush does not take this position and has argued that Islam, properly understood, is a religion of peace, entirely compatible with liberal democratic norms. Indeed, such a premise seems almost necessary to support his Iraqi War project. Many anti-Islamic Christian rightists like Falwell and Robertson, actually support the war in Iraq. You have to wonder why they support trying to bring democracy to Iraq if Islam by its very nature is incompatible with liberal democracy.)
These Christian Reconstructionists, like many of Muslim fundamentalists, are not stupid people; these spokesman are well-educated, well-spoken and quite Biblically literate. They simply differ in their “literal” interpretation of the Bible with those other Protestant fundamentalists who have made their peace with liberal democracy and interpret the Bible to no longer require the execution of homosexuals, adulterers, recalcitrant children, and those who openly worship “false Gods.”
Watching these folks and their scary arguments and reflecting upon how the Christian Bible and religion still nonetheless became compatible with the liberal democratic order our Founding Fathers gave us makes me believe that the Koran and Islamic religion likewise can be “interpreted” in a way compatible with liberal democracy. (Whether trying to bring liberal democracy by force to Muslim populations unreceptive to its ideals is another issue entirely). And finally, I might add, our key Founders seemed to believe that all world religions, including Islam, taught the same truth as Christianity, were valid ways to God, and provided the moral support that republican governments needed.
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Abdelkareem Nabil Soliman
Jason Kuznicki on Jan 23rd 2007
I don’t know much. But I know a hero when I see one:
[I]f my body was jailed then there is nothing new about it, it only means that I was moved from a big jail to a small disciplanary cell because I did not follow the rules that the seventy million Egyptians are forced to abide by, and I broke the widespread traditions in the Great Jail of the Arab Republic of Egypt!” [...]
It is very terrible that freedom would be taken from a human being because of an opinion or belief of his, but… it is very beautiful that his detention would be an encouragement for him to stick by his principles, and a reason for him to defy and hold on to what he thinks is right, even if he violates the traditions and beliefs of the majority of the people within the boundaries of his society…
Abdelkareem Nabil Soliman wrote these lines after his first detention in 2005. Now he is on trial for the crime of stating his religious and political beliefs. I have only been able to read a small fraction of what he has written, as most of it has not been translated from Arabic. But in one sense, it does not matter what he believes. No one anywhere should face persecution simply for stating what they believe.
As one Egyptian blogger has written,
The next court session will be on Thursday and it will be the most important for Karim so far. Proper legal and media presence will affect the judge’s sentence. We have noticed today that the judge was affected by the number of the people interested in the Karim’s case. More media and press personal presence will strengthen and support Karim’s stance very much or any freedom of expression cases in Egypt. We will try during this week to mobilize all interested people in this case to attend session. Your presence will have a great impact as you cannot imagine, if you are interested in Karim’s case or any freedom of expression cause.
Please bear in mind that Karim is subject to a prison sentence up to nine years to expiate his crime of expressing his opinion peacefully or through a medium (internet), provided that this medium so far has no censor or limits. Sentencing Karim will be the first legal internet case in Egypt and that will set a precedent to violate internet freedoms. Threatened persons will take the liberty to call for the imprisonment of anyone who is expressing his/her opinion and ideas on the internet, and they are many. I hope I can see you all there this Thursday at the court. The case might seem simple and individual, however it needs our defense.”
See freekareem.org for more English-language news on the case as well as tips on what you can do to help.
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Virtual Fascists and the Value of Private Property
Jason Kuznicki on Jan 23rd 2007
In the virtual reality world of SecondLife, a virtual mosque is attacked by virtual fascists. The virtual trespassing — and the virtual desecration — leave the participants of SecondLife asking some hard questions about private property and online space:
Repeated requests to leave and reports of harassment to Lindens Labs, the owners of Second Life, came to little and eventually the owner of the mosque land electronically banned the most persistent FN visitor from the mosque parcel. It was a decision not without apparent consequences.
Thirty minutes after the ban, every avatar belonging to the two anti-Nazi groups on SL was electronically excluded from Front National land. The next day, on Muslim New Year, the mosque suffered multiple attacks, the first by two unknown avatars spouting anti-Semitic slogans and sitting on the Qur’an. An illegal script was then set off, which caused everyone inside the mosque to crash out of Second Life. The owner of the mosque, a professional artist in real life, had already decided enough was enough. On Sunday, he made the mosque accessible via a members only group. Everyone on Second Life who has visited the mosque recognises this as a tragedy. Like the synagogue, also produced by a real life professional artist, the mosque is one of those creations that helps define Second Life as an aesthetic medium, rather than simply a gaming one. Nazis, as we all know, are not just Islamophobes; they are philistines.
Sadly, there is insufficient evidence to link these latest attacks to Front National, or to prove that they were planned and organised by them. On Second Life, is it easy to create a ‘fake’ avatar using a different email address and anti-FN groups believe that this ploy is already in use by FN. In the last few weeks, there have been reports of traditional Nazi targets – blacks, gays, Jews – finding themselves the victims of ‘griefers’. As yet, no one can link all these attacks to FN, but the group remain the object of intense suspicion and indeed hostility from many people on Second Life. As an Officer for the new mosque group, I have found myself recruiting informers who frequent Nazi hangouts to make sure our group is not infiltrated by trouble makers. It sounds like a joke, but some Muslims view the Second Life mosque as a sacred space.
It’s elaborate recreation of an old, old political problem: the Hobbesian state of nature, in which no guarantees exist for the security of persons or property:
It is consequent also to [the state of nature] that there be no propriety, no dominion, no ‘mine’ and ‘thine’ distinct, but only that to be every man’s that he can get, and for so long as he can keep it. And thus much for the ill condition which man by mere nature is actually placed in, though with a possibility to come out of it, consisting partly in the passions, partly in his reason.
Private property, protected under law, allows us to secure our long-term aspirations, our labor, our art, our spirituality, and our sense of self. Even in SecondLife.
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Sex and Money
Jason Kuznicki on Jan 23rd 2007
Now that I have your attention, Tyler Cowen has linked to a story suggesting that the wealthy have better sex:
A survey released today by Prince & Associates in collaboration with wealth consultant Hannah Grove found that 70% of today’s multimillionaires said being wealthy gave them “better sex.” (You can request a free copy via email here.) A majority also said wealth gave them “more adventurous and exotic” sex lives.
The survey polled nearly 600 men and women with net worths of more than $30 million and a mean net worth of $89 million…
The survey’s most-surprising findings relate to the impact that money has on the sex lives of women…Among the respondents, nearly three-quarters of the women surveyed (about 150) said they’d had affairs, compared to about 50% of the men. While the male numbers are in keeping with findings for the broader American population, the figure for women is almost twice as high as the national average, according to sex researchers. (More than half of all the men and women surveyed had been divorced at least once.)
Fully 63% of rich men said wealth gave them “better sex,” which they defined as having more-frequent sex with more partners. That compares to 88% of women who said more money gave them better sex, which they defined as “higher quality” sex.
“This tells us that the women as a whole receive more sexual benefits from wealth than men,” says Ms. Grove.
It says no such thing. It only says that rich people think that being rich gets them more sex, and this perception skews somewhat by gender. Conversely, a group of poor people might also imagine that the rich have better sex, but both rich and poor alike could well be mistaken in these assumptions. After all, how much does the typical rich person know about the typical poor person’s sex life, or vice versa? Not enough to answer the question, I would imagine.
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Questions on Mises XII: Expansions and Contractions
Jason Kuznicki on Jan 23rd 2007
Chapters 15-16 of The Theory of Money and Credit cover an astonishing array of topics — everything from the definition of banking, to the introduction of the gold standard in India, to Mises’ surprising proposal for a world bank that would issue globally recognized fiduciary media. (No, really.)
I think, though, that all of these seem to have one thing in common: the insight that fiduciary media allow the (effective) money supply to expand and contract considerably.
Fiduciary media were defined earlier as those certificates constituting a claim on money that are not completely covered by a corresponding sum of money on deposit: Whereas a money certificate declares that the bearer may withdraw a fixed sum of money from an institution (a bank, firm, government, or otherwise) at any time, the fiduciary media do the same thing — except that there isn’t necessarily enough money there to cover it.
While this definition was introduced in chapter 8, its true importance is only now becoming apparent: In layman’s terms, whenever the money to cover a fiduciary medium isn’t there, it’s blithely out doing something else. Meanwhile, the fiduciary medium is also performing all the same functions as money. Issuing a money certificate, and then converting it to a fiduciary medium, satisfies more of the social demand for money than issuing a money certificate and leaving it alone.
The example of India is instructive.
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Worshipping Zeus
Jonathan Rowe on Jan 22nd 2007
Apparently some folks are still doing this and Anthony Paul Mator at WorldMagBlog has some strong comments about the Pagan Deity:
When well-educated Greeks gather at ancient temple ruins to worship the pagan god Zeus, one may well ask why anyone would exchange the loving, self-sacrificial Christ for a malicious demigod who married his sister, raped women, and was more like a sinful human being than a transcendental authority….Let’s be frank. This religious cult knows full well that Zeus does not exist, and that is why they love him. The allure of the ancient demigods is that they were created by man in man’s image, and now we can re-create mighty Zeus to fit our secular humanist lifestyles. May the torches ever blaze before the temple of autonomous Greek culture.
One of my fascinating discoveries while researching the Founding Fathers on religion, particularly John Adams, was that he believed such Pagan Greco-Roman worship was more or less the same thing as Christianity. As he wrote in his Dec. 25, 1813 letter to Jefferson, “The Preamble to the Laws of Zaleucus…is as orthodox Christian Theology as Priestlys.” Joseph Priestly was, as we know, Adams’ and Jefferson’s spiritual mentor. And the “laws of Zaleucus” were a set of laws revealed by Athena 600 years BC. In that same letter, he calls a Hindu treatise — the Shastra — “orthodox” and “profound” and terms the Christian Trinity a “fabrication.”
The entire letter is worth a read. It’s not linked online but can be viewed on pages 409-13 of The Adams-Jefferson Letters, Cappon edition.
What’s also interesting is that in the very same letter Adams also states:
“I have examined all, as well as my narrow Sphere, my streightened means and my busy Life would allow me; and the result is, that the Bible is the best book in the World.”
And the Christian Nation crowd loves to quote just that one passage, but not the rest of the letter where Adams reveals what he really means in context, which is that he is a syncretic unitarian.
Update, Tom Van Dyke emails with Adams’ Defence of the Constitutions: Vol. I, Letter LI. In this chapter Adams describes ZALEUCUS and the preamble to his code. While he doesn’t explicitly equate this code with Christianity, the argument is implicit in the following excerpt.
In this preamble he declares, that all those who shall inhabit the city, ought, above all things, to be persuaded that there is a God; and if they elevate their eyes and thoughts towards the heavens, they will be convinced, that the disposition of the heavenly bodies, and the order which reigns in all nature, are not the work of men, nor of chance; that therefore they ought to adore the gods, as the authors of all which life presents us of good and beautiful; that they should hold their souls pure from every vice, because the gods accept neither the prayers, offerings, or sacrifices of the wicked, and are pleased only with the just and beneficent actions of virtuous men. Having thus, in the beginning of his laws, fixed the attention of his fellow-citizens upon piety and wisdom, he ordains, above all things, that there should never be among them any irreconcilable enmity; but, on the contrary, that those animosities which might arise among them, should be only a passage to a sure and sincere reconciliation; and that he who would not submit himself to these sentiments, should be regarded as a savage in a civilized community. The chiefs of his republics ought not to govern with arrogance nor pride; nor should the magistrates be guided in their judgments by hatred nor by friendship.
This preamble, instead of addressing itself to the ignorance, prejudices, and superstitious fears of savages, for the purpose of binding them to an absurd system of hunger and glory for a family purpose, like the laws of Lycurgus, places religion, morals, and government, upon a basis of philosophy, which is rational, intelligible, and eternal, for the real happiness of man in society, and throughout his duration.
Hopefully, this should help put to rest the notion that when Founders like Washington and Adams talked up “religion” in a generic sense, they meant the Christian religion only. Nope, Pagan Greco-Roman laws, even a code that was supposedly revealed by Athena 600 years BC likewise qualified as sound “religion” which provided the necessary moral support that all republics need.
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