Defending Freedom, Combating Collectivism

Against collectivist impulses, the defense of freedom, personal responsibility, and the moral, political, legal, and economic foundations of a free society is ever necessary. Protecting the American experiment in ordered liberty is a debt that we owe to the past, and a challenge to pursue in the future. We examine the following issues in this area: the case for free trade vs. protectionism, individualism vs. the new collectivists (DEI/Critical Theory/Marxism/Social Democracy/Economic Nationalism/etc.), shareholder capitalism vs. ESG and stakeholder capitalism, foreign policy for a free society, and the foundations and first principles of freedom and free markets.

Articles

Imperial College Predicted Catastrophe in Every Country on Earth. Then the Models Failed.

“Why is Ferguson, who has a long history of absurdly exaggerated modeling predictions, still viewed as a leading authority on pandemic forecasting? And why is the ICL team still advising governments around the world on how to deal with Covid-19 through its flawed modeling approach? In March 2020 ICL sold its credibility for future delivery. That future has arrived, and the results are not pretty.” ~ Phillip W. Magness

From AI to UBI?

“AI cannot credibly justify a radical policy like UBI at this point. Misunderstanding AI adds to a natural fear of the unknown though we know that technological change always proves beneficial to the economy and that society will have ample resources to aid anyone who might be displaced by AI in the future. People should concentrate on how AI can automate mundane tasks and stop technological fear mongering. Your job, like the world, will still be here tomorrow.” ~ Robert E. Wright & Aleksandra Przegalinska

Biden’s Agenda of “Democratic” Paternalism and Planning

“Joe Biden and Xi Jinping both believe that the national interest comes before the individual’s peaceful interest; that the collective take priority over the person; that the state must have the authority and power to assign and direct most or all aspects of people’s lives and actions; and that constitutional rules and procedures written on pieces of paper are less important than the implementing, imposing, and achieving of the purposes in ‘the plan.'” ~ Richard M. Ebeling

China Unleashes Financial Tech Crackdown

“This fintech crackdown could be emblematic of China’s authoritarian growing pains and it remains to be seen if they will even be able to balance economic progress with political control. This move will certainly have consequences for short-term investment and economic growth in China. Perhaps this is how the free world breaks China’s authoritarian model, by forcing them to increasingly compete on the open market or risk sliding into irrelevance.” ~ Ethan Yang

Is the US Economy a Virtual Reality?

“It’s impossible to know precisely what the future portends for all these unprecedented policy shocks over the last year, from money supply and spending bonanzas to lockdowns to sky-high debt accumulation. But because a thing called cause-and-effect still operates in this world – we do not live in virtual reality – it seems wise to look at the seemingly great aggregate data with a gravely skeptical eye. We might be in the midst of the calm before the real storm hits.” ~ Jeffrey Tucker

“The” Science Is Coming for You Again!

“To effectively ban menthol cigarettes, the FDA will have to ban tobacco entirely, something it has admitted is not in its power to do. Or it would have to destroy the environments in which mint grows naturally throughout the world and ban all possible chemical substitutes and their constituent parts. This is why liberty lovers always warn about the ‘slippery slope’ of regulatory authoritarianism. Effectively banning just one simple thing usually requires widespread repression.” ~ Robert E. Wright