Requiem for the Old Right
[Originally published in Inquiry (October 27, 1980), pp. 24–27.]
[Originally published in Inquiry (October 27, 1980), pp. 24–27.]
Most economists assess the so-called economy in terms of gross domestic product, or GDP.
This post is one in a series entitled Posthumous Refutations. Previously in this series: Absolving with Faint Criticism: A Media and Real Estate Mogul Defends the Fed.
This post is one in a series entitled Posthumous Refutations. Previously in this series: Capitalism, Competition, Collaboration, and Kindness.
This post is one in a series entitled Posthumous Refutations.
The law of unintended consequences surely isn’t universal. Government often seeks to destroy things and truly does succeed in doing just that (alternative medicine, unlicensed professionals, and the like). What it taxes in order to punish, it truly does punish (cigarettes, alcohol, imports that compete with powerful domestic industries). What it regulates to ban, it does often succeed in eventually banning (large-bowl toilets, insecticides that work, effective medicines that the FDA judges too dangerous).
Anabaptist communism did not spring out of thin air at the advent of the Reformation. Its roots can be traced back to an extraordinarily influential late twelfth century Italian mystic, Joachim of Fiore (1145–1202). Joachim was an abbot and hermit in Calabria, in southern Italy. It was Joachim who launched the idea that hidden in the Bible for those who had the wit to see were prophecies foretelling world history.
Anthropogenic global warming has been a dubious proposition from the outset to anyone with the slightest understanding of social science as it pertains to coercive government, science “science,” and the nexus of the two. Even if you didn’t read about it elsewhere (and there were places where you could), you could (and should) have easily thought up the evil plot in the whole thing.