Slow News Day

Politico: Hillary Clinton wears cat-eye sunglasses

Contra Acton

Lord Acton famously wrote (quoting from memory), that “Power tends to corrupt, and absolute power corrupts absolutely.” The late, great Christopher Hitchens, in his meditation on George Orwell, says there is more to the story:

“An old radical adage states that the will to command is not as corrupting as the will to obey.”

Christopher Hitchens, Why Orwell Matters, p. 15.

An excellent point; following orders and all that.

CEI Podcast for June 21, 2012: Free Speech for Me, and for Thee


Have a listen here.

Labor Policy Counsel Vinnie Vernuccio explains why today’s 7-2 Supreme Court decision in the Knox v. SEIU case is an important victory for free speech. The heart of the ruling is that people should not be compelled to pay for political speech with which they disagree. Just as people may not be forcibly silenced, nor can they be forced to speak.

Regulatory Humor

This New Yorker cartoon reminds of Joe Stigler’s adage that intentions do not equal results. Click the image to enlarge.

 

Ideas Are More Powerful than Censorship

Another Benjamin Constant quotation; he is quite possibly the most underrated political philosopher of the 19th century. He deserves at least as much acclaim as Mill, Cobden, Bagehot, Bentham, Ricardo, and other better-known liberal giants of that era.

Now that I’m a bit further along in the book, expect to see a few more of these in the coming weeks. Constant can be dense at times, but he is surprisingly quotable. Ideas are more powerful than censorship. He explains why in a single sentence:

“Averting ideas you think dangerous by scorning them or suppressing them violently, is to suspend their present consequences only briefly, and to double their influence to come.”

-Benjamin Constant, Principles of Politics, p.14.

The best response to speech you don’t agree with isn’t to scream, “shut up!” It’s to rebut it with speech of your own — on the merits. That’s what the marketplace of ideas is all about. May the best ideas win.

CEI’s Battered Business Bureau: The Week in Regulation


Just another week in the world of regulation:

  • 84 new final rules were published last week, up from 65 the previous week. That’s the equivalent of a new regulation precisely every 2 hours — 24 hours a day, 7 days a week. All in all, 1,713 final rules have been published in the Federal Register this year. If this keeps up, the total tally for 2012 will be 3,754 new rules.
  • 1,934 new pages were added to the 2012 Federal Register last week, for a total of 36061 pages. At this pace, the 2012 Federal Register will run 77,718 pages.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. The 24 such rules published so far in 2012 have compliance costs of at least $14.5 billion. Two of the rules do not have cost estimates, and a third cost estimate does not give a total annual cost. We assume that rules lacking this basic transparency measure cost the bare minimum of $100 million per year. The true cost is almost certainly higher.
  • No economically significant rules were published last week. So far, 195 significant final rules have been published in 2012.
  • So far this year, 324 final rules affect small businesses. 54 of them are significant rules.

Highlights from final rules published last week:

For more data, updated daily, go to TenThousandCommandments.com.

Why Opinion Pages Are Insipid

Benjamin Constant, in 1815, presciently describes nearly every U.S. newspaper’s editorial page two centuries later, from David Brooks on the right to E.J. Dionne on the left:

The ambition of the writers of the day is at all times to seem more convinced than anyone else of the reigning opinion. They watch which way the crowd is rushing. They dash as fast as they can to overtake it. They think thereby to acquire glory for providing an inspiration they actually got from others.”

-Benjaimin Constant, Principles of Politics Applicable to All Governments, p.4.

As opposed to, say, thinking for oneself and consistently applying the basic principles one believes in.

Worth a Thousand Words

With a single graph, NYU’s Bill Easterly shows, not tells, why America’s current economic troubles aren’t as bad as they seem.

I won’t spoil the suspense; just click here. And keep in mind that the graph is logarithmic. Its true slope is far steeper.

Gone Fishin’

I’ll be out of town on vacation for a few days, so light blogging ahead. I’ve scheduled a few posts to appear while I’m out, but that’ll be about it.

Regular blogging resumes on Wednesday.

An IRS Trojan Horse

I’ve written before about why a return-free tax system is a bad idea (here and here). Under a return-free system, the IRS collects information on you and fills out your 1040 for you, so all you have to do is cut a check. The conflict of interest in having your tax collector also be your tax preparer is obvious.

A new proposal from the IRS, called a real-time tax system, looks benign, if only by comparison. It’s still a bad idea. But as my colleague David Deerson and I explain in The Daily Caller, the worst aspect of real-time is that it uses very similar technology to return-free. In other words, it’s a step on the way to a return-free system:

A return-free tax system is a terrible policy that has little appeal to anybody — except the IRS itself. Progressives see it as an encroachment on privacy; conservatives consider it an assault on economic freedom. They should oppose a real-time tax system with equal vigor. Once the databases and reporting software are in place, it will be easy for the IRS to implement return-free. A better solution for increasing compliance and making it easier for taxpayers to fill out their returns is actually quite simple — simplify the tax code.

Read the whole thing here.