Tag: Economics

Concerning the nature of man and the economic system, and how best the latter can be structured to augment the former.

Why Bernie Sanders Matters More Than People Think

Every time I find a way to say that there is no one like Bernie Sanders, there are people who don’t believe me. Aren’t there other candidates who support the same policies he supports now? Some of them are younger. Some of them aren’t old white guys. Why can’t it be one of them, why can’t it be someone new? Over and over, I have tried to find ways to explain that there is a real difference between Bernie Sanders and everyone else. Today, as Sanders announces his candidacy for the presidency, I’m going to try one more time.

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How to Argue With an Old Conservative

Over at the The Wall Street Journal, Crispin Sartwell recently offered an argument against Sanders-style democratic socialism. Titled “How to Argue With a Young Socialist,” Sartwell clearly believes his argument to be a good one. The editors of the WSJ op-ed page certainly seem to have thought it’s worth printing. So I was shocked by just how poorly constructed it is.

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Australia’s Poor Wage Growth is Destroying its Prime Ministers

Australia has swapped Prime Ministers again–this time the Liberal Party replaced Malcolm Turnbull with Scott Morrison. Morrison will be Australia’s sixth Prime Minister in the last then years. This level of turnover at the top is remarkable. The UK has only had three Prime Ministers during the same period. Canada has only had two. Why are Australian politics so volatile? I couldn’t find any explanation online which satisfied me, so I’m writing my own. I think it has to do with a combination of wages and the way Australia’s political parties choose their leaders.
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The Supreme Court is Gripped by an Unsustainable Conception of Individual Freedom

Today the Supreme Court voted, 5-4, to enable public sector workers to unilaterally withhold contributions from their unions. Justices Roberts, Alito, Gorsuch, Thomas, and Kennedy were in the majority, with Kagan, Ginsberg, Sotomayor, and Breyer in dissent. The principle guiding the majority’s decision is simple and intuitively appealing. When workers pay unions dues, those unions use that money to fund political speech. Individual workers may not agree with the union’s speech acts, and therefore compelling them to pay dues ties their employment to their willingness to espouse a particular kind of political speech with their wallets. The court argues that requiring workers to make certain kinds of political speech acts with their wallets to retain employment violates their free speech rights. The argument is internally valid–it makes sense, given a particular conception of individual freedom. The trouble is that this conception of individual freedom is destabilising the labour market in a politically dangerous way, and in consistently choosing to interpret this principle in this way the court is threatening the legitimacy of the state.

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