The secret to instant wealth is to spot a mass delusion and bet against it. The Tulip Craze. Florida swamp land.
Getting the timing right is tricky, but we are blessed with an overload of mass delusions. You can pick your own favorite. Delusional bubbles have to pop at some point, because the people who are paying for them eventually figure out that they’ve been had.
If I am pessimistic about the future of liberty, it is because I am pessimistic about the strength of the English-speaking nations, which have, in profound ways, surrendered to forces at odds with their inheritance. “Declinism” is in the air, but some of us apocalyptic types are way beyond that. The United States is facing nothing so amiable and genteel as Continental-style “decline,” but something more like sliding off a cliff.
Willis Eschenbach’s recent guest post at Watts Up With That? on the current state of ‘Climate science’ should be made compulsory reading in every classroom, every university science department, every eco-charity, every environmental NGO and in every branch of government. They won’t like it up ‘em, that’s for sure.
What Eschenbach says is so pure and simple and obvious you’d need to be as dumb as Chris Huhne not to get it:
Dr. Victor Davis Hanson’s quietly chilling article, “Two Californias,” in National Review Online, ought to be read by every American who is concerned about where this country is headed. California is leading the way, but what is happening in California is happening elsewhere– and is a slow poison that is being largely ignored.
Professor Hanson grew up on a farm in California’s predominantly agricultural Central Valley. Now, as he tours that area, many years later, he finds a world as foreign to the world he knew as it is from the rest of California today– and very different from the rest of America, either past or present.
The legendary PBS TV series “Free to Choose” (1980) by Nobel Prize-winning economist Milton Friedman is now available on Google Video for free (by courtesy of the Palmer R. Chitester Fund).
Finally, here is an edition of Road to Serfdom that does justice to its monumental status in the history of liberty. It contains a foreword by the editor of the Hayek Collected Works, Bruce Caldwell. Caldwell has added helpful explanatory notes and citation corrections, among other improvements. For this reason, the publisher decided to call this “the definitive edition.” It truly is.
A 21-year-old woman walks into a police headquarters, a normal occurrence most days, except for this one. Thirteen pounds of explosives and a detonating device are attached to her body underneath her clothes. But before she has the chance to blow herself up along with the building and everyone in it, she is, fortunately, apprehended.
Former migratory worker and longshoreman, Eric Hoffer burst on the scene in 1951 with his irreplaceable tome, The True Believer, and assured his place among the most important thinkers of the twentieth century. Nine books later, Hoffer remains a vital figure with his cogent insights to the nature of mass movements and the essence of humankind.
Of his early life, Hoffer has written: “I had no schooling. I was practically blind up to the age of fifteen. When my eyesight came back, I was seized with an enormous hunger for the printed word. I read indiscriminately everything within reach—English and German.
With its ruthless dictator, network of forced labour camps and iron grip of its ruling party, North Korea is the last country one might expect to see a middle-aged woman berating a policeman for demanding a bribe.