Blogging on liberty, capitalism, reason, international affairs and foreign policy, from a distinctly libertarian and objectivist perspective
28 October 2009
10 myths you learn from school
Napoleon was short - he was 5ft 7, which was average, then.
Vikings had helmets with horns, no they were buried with helmets and drinking horns.
Edison invented the light bulb. No, Joseph Swan did.
Mice like cheese. No they prefer sugary food.
Humans evolved from apes. No, humans and apes have common ancestors.
Read the rest here.
Lord Stern loses the plot - some more
Now he has come about with claims that would frighten some, make many environmentalists smile, but overall look rather ridiculous.
He claims "southern Europe is likely to be a desert; hundreds of millions of people will have to move. There will be severe global conflict". Scaremongering is it not?
Furthermore, he wants people to stop eating meat: "Meat uses up a lot of resources and a vegetarian diet consumes a lot less land and water. One of the best things you can do about climate change is reduce the amount of meat in your diet"
Mind you he isn't a vegetarian himself.
Nile Gardiner in the Daily Telegraph welcomes it though:
"Still, Lord Stern has done us all a favour. His monumentally silly remarks about turning the planet vegetarian will only drive another nail into the credibility of the climate hysteria movement. I look forward to his next interview on why we should all stop driving cars and return to using horse and cart. With the exception of course of gilded grandees who need a limo to the next UN conference on global warming."
- Price controls on energy including limits to the profits energy companies can make, and subsidies to consumers;
- Subsidies for any modes of motorised transport, including governments not demanding a real profit from their own transport assets;
- Subsidies for agriculture and trade restrictions on agricultural products that keep efficient producers (like New Zealand for dairy products and Thailand for rice) from supplying countries with inefficient producers (like the EU and Japan);
- Subsidies and protectionism for the motor vehicle industry, aircraft manufacturing sector, steel industry, indeed any industry at all that uses high amounts of electricity or fossil fuels;
- Welfare that rewards breeding;
- Subsidised waste disposal and landfills.
Karadzic planned eradication of Bosnian Muslims
They have to know that there are 20,000 armed Serbs around Sarajevo.... it will be a black cauldron where 300,000 Muslims will die. They will disappear. That people will disappear from the face of the earth.
Charming.
The vile murderous vision of nationalist slaughter by this thug, his right hand brute Ratko Mladic and the late Slobodan Milosevic was put into practice, while the world watched.
Of course, it wasn't helped by the arms embargo which meant Bosnian Muslims could not readily acquire the means to defend themselves, whilst Bosnian Serbs had already taken control of most of the arms of the former Yugoslav National Army, which had been controlled from Belgrade. It wasn't helped by the UN declaring Srebrenica as a "safe haven" which Bosnian Muslim refugees fled to, only to be slaughtered (the men and the boys slaughtered, the women and girls raped, as part of a deliberate plan to fill Bosnia with "baby Serbs"). The mistakes were many in the international response to this conflict, but nothing beats the pure brutal evil of the likes of Karadzic, proving some Europeans still have the willingness to undertake atrocities akin to those committed by the Nazis.
Of course, no side was innocent of bloodshed inflicted on the innocent, but without a doubt the Bosnian Serb side was the blatant standard-bearer of "ethnic cleansing". The trial of Karadzic reminds us all of how xenophobic chauvinism remains a cancerous tumour that some politicians are only too willing to encourage, and all too many are willing to kill in the name of.
Roger Douglas damns Nats on ACC
He says of the government's ACC bill:
Nothing in this Bill deals with the fact that, from its inception, ACC was a flawed pyramid scheme. In the beginning, it operated on a pay-as-you-go basis. That meant that for many years, it seemed cheap, as the full cost was not apparent – all of those with long term injuries were not yet making claims. Unfortunately, those years of low cost also saw the entitlements expand – so that by the time the system had absorbed all those with long term injuries, and covered the expanded entitlements, it suddenly seemed to cost an awful lot.
These problems are set to get worse. We have an aging society. An aging society implies not only more payouts, but also a lower proportion of people paying levies to cover the Non-Work Account. Because it is a Ponzi scheme, it will require ever-expanding numbers of people working to pay the levies.
So you can see how it has gone wrong, as it progresses, more and more claim it, stay on it for extended periods, making it progressively more expensive. Concepts completely alien to the economically illiterate left.
He says Labour knew this, and sought ACC to become fully funded by 2014, but it also expanded "entitlements" effectively setting it up for bankruptcy. The nonsense spread by the left that ACC is in fine shape because it receives more than it pays out, ignores the unfunded liabilities it has:
If any private insurance company had the books that ACC has, they would be declared bankrupt. The only reason that ACC is still solvent is that it has the capacity to increase levies. In essence, it is solvent because it can force people to cover its costs.
In other words, it is solvent because it has a state monopoly - it is solvent because you are forced to pay for it.
He suggests competition "The only viable way to ensure that ACC delivers results for reasonable prices is if it is open to competition. If people can get cheaper rates elsewhere, they should be allowed to leave. If that means risky workplaces start paying higher premiums, so be it – it will encourage them to improve workplace safety"
He makes the same classic arguments about competition, including one I have repeated:
"Currently, ACC sets a flat rate levy based on the risk in an industry. Those employers which have safe environments subsidise those who have unsafe environments. There is little commercial incentive to create safer workplaces.
By keeping ACC as a monopoly, and not properly allowing risk pricing to emerge, we are in fact increasing the number of workplace accidents. In the private market we have insurance excesses, we have no claims bonuses, we have risk-based premiums. The private market is all about mitigating risk. ACC, on the other hand, is about forcing the good employers to subsidise the bad ones."
The ACC monopoly is classic socialism - all employers pay for the collective risk, the good employers subsidise the bad ones, but who cares, it's all warm fuzzy shared and we all feel good about it, don't we?
After all you hear the left saying privately provided accident insurance will include a profit component, increasing costs, which of course implies that profit should be eliminated, and everything provided by the state, because profit increases costs. Classic Marxism.
All the lies of the left about "privatisation" completely ignore the real debate - why the state monopolises a compulsory accident insurance scheme that means the careful and prudent subsidise the reckless and imprudent? So now, of course, National cuts back ACC coverage to try to fit the budget - meaning all complain about the monopoly delivering less than what people want.
The advocates of state monopoly don't have very good arguments against competition, except use of a Labour commissioned PWC report that had terms of reference to effectively justify the status quo (a classic case of commissioning a study to tell you what you want to hear).
No other country runs this sort of pyramid monopoly scheme for accident cover, it is time to dismantle it and move on. Opening the whole damned lot up to competition is the FIRST step.
Then it's time to look at the next Ponzi scheme - National Superannuation.
Rudman's narrow thinking on drugs
He says "no one" is fighting it, which is patent nonsense, I guess he missed this. Although the futility of it is clear, since the Afghan government and so many in Afghanistan are reliant on the trade.
The UN Office on Drugs and Crime, which has a vested interest in retaining the status quo, is his main source of information, and of course it is going to play up the threat. Nowhere are the questions asked:
- Is the main reason it is so profitable because it is illegal?
- Are some of the reasons it is so deadly because it is illegal?
- Is the criminal involvement in the trade because it is illegal?
- Will the elimination of opium in Afghanistan end the trade and supply of heroin?
Where does Rudman get this "fact " from, for example "It is triggering the spread of HIV at an unprecedented rate"? Really? So are the reports that in Africa the location with the highest prevalence of HIV, it is about sexual transmission NOT opiate use just nonsense?
Or is it that he has a terribly old fashioned view on the war on drugs, in that the decades of continued failure have passed him by?