Showing posts with label libertarianism. Show all posts
Showing posts with label libertarianism. Show all posts

Thursday, May 27, 2021

Disagreeing to Agree

We mostly all agree on the premises:
  1. Progress comes through experimentation.
  2. Most experiments fail.
We mostly all disagree on the conclusion:
  • For progressives the answer is "Therefore, we should pursue large experimentation conducted by the state on the basis of arbitrarily determined noble objectives."
  • For conservatives the answer is "Therefore, we should pursue limited experimentation constrained by the state on the basis of arbitrarily determined morality."
  • For libertarians the answer is "Therefore, we should pursue a great many small experiments conducted by entities on the basis of their own arbitrarily determined desirability, feasibility, and expected profitability."
One desirable feature of any of these processes would be for those involved to have strong stakes in the outcomes (good and bad) constrained by the rights of third-parties not to be harmed in the process. I leave it to the reader to decide which of these most easily aligns with that desired incentive structure.

Sunday, November 8, 2020

Libertarian Party 2020 Presidential Run - A Postmortem

As the 2020 election comes to a close, it is hard not to be disappointed as a Libertarian. As a libertarian, there is much room for optimism as many libertarian/classical liberal issues carried the day. Namely, movement toward ending the war on drugs, criminal justice reform, data privacy, etc. advanced nicely across the U.S. 

Here are the recent historic totals of Libertarian candidate votes for president:

1996    485,759        Harry Browne/Jo Jorgensen
2000    384,431        Harry Browne/Art Olivier
2004    397,265        Michael Badnarik/Richard Campagna
2008    523,713        Bob Barr/Wayne Allyn Root
2012    1,275,923     Gary Johnson/Jim Gray
2016    4,489,233     Gary Johnson/William Weld
2020    1,705,638+   Jo Jorgensen/Spike Cohen

My first thought was frustration at the Jorgensen campaign performance. But a friend pointed out that the mainstream media largely shut her out (even by Libertarian standards) giving her virtually no interview time or press otherwise. The latest "most important election of our lifetime" along with its highly divisive nature (largely Trump's doing but not entirely) gave little reason for alternatives to the duopoly. This combined with the COVID world was a very unfortunate combination for an outsider looking to gain recognition. 

So this setback might just be a fluke. Still, we need ideas on how to generate brand awareness and garner votes. A partial list of ideas (definitely a work in process):
  • Get rid of purity tests - The infighting of no-true-Scotsman has to be limited to early primary candidate selection. Once we have a candidate, rally behind them. This doesn't mean we cannot criticize, but know what stage of the game you are in. This also helps broaden the tent. Be a directional libertarian rather than a destination libertarian.
  • Focus on uncompetitive states - perhaps never leave California or perhaps more appropriately Texas or just both of those two important states. Imagine building a strong base in demographically and electorally important areas. The Free State Movement envisioned flocking to a small state to dominate politics there, New Hampshire emerging as the destination. Rather than focusing on winning a small state's electoral votes, this would be a strategy of focusing on winning hearts and minds to reshape the policy debate.
  • Articulate stances in better sound bites - Help the voters know in the simplest terms why they are taking the leap to support, advocate, and vote Libertarian. A platform of less government is not enough. Specifics are crucial here, but more importantly we need to highlight solutions rather than what sounds to many like retreat into the darkness. A great example is Corey DeAngelis' straightforward and impactful message on school choice/education reform: "fund students (families) instead of institutions" and "let the money follow the child".
  • Stop sounding like extremists - This dovetails with the prior idea. “End the Fed”, “Taxation is Theft”, et al. are not salient. Find a way to be against war without sounding like a 60s hippie—pacifism is right but it doesn’t sell. You can’t win support by telling people they are awful. You have to sell the message of hope and progress.
  • Look the part - Quit going for shock value. You need to look like a candidate out of central casting. No nicknames on the ballot (e.g., Spike). No taxation is theft hats. The target new voter does not want to elect someone from Comic-Con. 
  • Focus on a few key, pivotal issues that resonate in the current election - Might I suggest The Big Five?
  • Get more exposure in mainstream channels - We have to bring the message to a much broader audience. We are certainly still in the brand awareness stage of marketing. Where is the Free To Choose of the modern era? Perot built a voter base from primetime segments he paid for and starred in. How about a libertarian town hall? How about starting this now and developing some multi-year momentum? 
These are just some ideas. We need lots more. 

Of course I'm not the only one thinking about this (this short video summarizes the current debate).

Monday, January 15, 2018

Trump - One Year In

About a year ago, I posted on Trump looking at what I saw as the reasons to be optimistic and pessimistic. Let's revisit that now that we have a year under our belt.

Overall, I think my predictions were good with some notable variance in a couple areas. Of course, I was vague enough to prevent too much inaccuracy (or accuracy) by design. Here are the areas that standout to me with a look back at my prior comments.

The Good

  • Taxes - this one was somewhat surprisingly good, blemishes and all. [remember with all of these we are grading on a curve] Much like Chance, Trump only gets credit for being there to sign the bill. 
  • Regulation - 1.25 steps forward with 1 step back is still progress. Congress and Trump completely failed to reform much less repeal the ACA (Obamacare). I have low and ebbing faith Dodd-Frank, et al. will be meaningfully changed. Still, there are success stories, and slowing the rate of growth is itself improvement
  • Judicial Appointments - I somehow missed mentioning this previously, and it would have been in the optimism bucket. This one has lived up to realistic (not full libertarian) hope. 
  • Lost Respect for the Sanctity of the Office - yes this is a feature--let the scales fall from your eyes, the emperors have never been well dressed. But . . .
The Bad
  • Presidential Power & Authority - we may be chipping away at the Cult of the Presidency, but I don't yet see the groundswell from the left or the center that I might hope for. They are much to tied up in the emotion of this particular president's actions and words.
  • Immigration - unlike in trade (below), Trump's actions have matched his rhetoric in this area. Here it looks to be an on-going real fight and will perhaps be the most lasting and impactful negative consequence of Trump.
  • Trade - as I mentioned, his administration is a lot of (bad) talk on this, but so far little action. Still, he has many opportunities to make good on his very bad desires.
  • War - I was not pessimistic enough on this. Drone attacks have increased under Trump as the list of places we are at war have grown. The U.S. government with the help of a complicit even if blissfully ignorant populace continues to be wrongfully aggressive. Include in this the surveillance state, but I am fairly certain this one is sadly nonpartisan. 
  • Drug Policy - yep, unfortunately I nailed this one.
The Ugly
  • Hatred, Nationalism, Bullying, etc. - I was not as pessimistic as I should have been in this general area. The downside of losing the always undue respect for the U.S. presidency is that it took this buffoon to get us there. He is at best sloppy and inconsiderate, at worst hateful and demagogic. If you need links on this topic to prove the point, you have been in a coma for 12+ months.
On balance there are reasons to claim "silver linings" and reasons to claim "not so fast".

PS. For a better analysis of the economic policy results of Trump's first year, read Scott Sumner's take

Tuesday, February 14, 2017

Highly Linkable

First of all, it is settled--I will be inviting Alton to my Super Bowl party next year.

But I'm not inviting Adam because he ruins everything--in this case debunking 13 things that aren't true.

Carol Anne, they're out there.

Speaking of scary things, the news isn't so calming. I find Bryan Caplan's advice to be a sound counter to the tide of common opinion. 

The most I'll allow myself to speculate is that the supposed momentum issue in today's politics of a desire to look inwardly to protect what we have and regain what we've lost will be soon enough revealed as a chimera based on delusion. As Scott Sumner says, absolute poverty dwarfs relative discomfort as a material issue. (BTW, thanks again to Scott for his time in OKC and his nice comments at the bottom of that post).

If you want evidence of how phony the President's argument is and the unlikelihood of lasting "reforms" brought by his administration, look to this illustration of just one widget's journey through a supply chain that spans all of the NAFTA countries. (hat tip: David Henderson)

Alas, fear of Trump ruination continues to grip many. I recommend more advice from Bryan Caplan--embrace limited government!

Trump's own ruination appears more likely to me. I am just surprised by how fast it seems to be developing (perhaps this is wishful thinking). In fact I fear it will all be but wishful thinking that meaningful, good reforms will come from this Republican government. Perhaps Congress will be compelled to tell The Donald "You're Fired!" in short order and a President Pence can then be the signator to healthcare reform, corporate tax reform, and perhaps even major tax reform that can be bundled with climate change (externality) reform. It is amazing how simple and achievable these solutions can be--and accessible when presented by John Cochrane.

Tuesday, June 16, 2015

Highly Linkable

Aziz Ansari says we're lookin' for love in all the wrong places and in the process channels his inner economist.

This is an awesome new project on Hayek by Don Boudreaux. Be sure not to miss the short videos.

Life is getting better, one thread at a time . . . Project Jacquard by Google.

Alberto Mingardi argues that locavorism is anti quality and anti quantity of life.

Charles Murray wants us to fight (federal) city hall. Arnold Kling dissents insisting exit rather than voice is the answer.

"Scott Alexander" breaks down the California water problem very well and offers some good ideas for solutions.

John Cochrane takes to task Richard Thaler and behavioral economics.

"Minimum wages are great . . . except for us," says LA County union leaders.

Scott Sumner explains how people get confused about monetary policy thinking of it as credit policy. No matter how much cash Apple acquires, it cannot conduct monetary policy.

Bryan Caplan has a simple request: unlock the school library.

I find counter-conventional wisdom delicious--in this case literally so. As illustrated in this Bloomberg article, barbecue impresario Meathead Goldwyn can tell you everything you are doing wrong on the grill (for me it was several things and counting). And he applies science and logic to the process. Bon Appetit!

Sunday, August 24, 2014

Highly Linkable

These people and their miniature worlds are so tiny. I'm crushing their heads! Be sure to hit the video at the end.

Megan McArdle asks us to take a moment to marvel at the kitchen wonders some of us (humans) enjoy today.

The rest of this link post is brought to you by Don Boudreaux (directly or via hat tips).

On the 69th anniversary of inexcusable brutality, Boudreaux asks us to remember and remember how conservatives felt about it at the time.

I relate very, VERY much to Sheldon Richman's sentiments in this post.

George Will rightfully takes to task those who would paint inverting corporations as unpatriotic. I love the conclusion:
This illustrates the grandstanding frivolity of the political class. It legislates into existence incentives for what it considers perverse behavior, and then waxes indignant when businesses respond sensibly to the incentives.
Matt Zwolinski has five important moral (and economic) points about payday lending.

The free market is filled with something even better than tolerance--indifference.

Here Boudreaux offers not just a strong argument against cronyistic policies like the Ex-Im Bank but also a strong argument against the minimum wage. To wit: why is it consumers' job (or in the case of the minimum wage, employers of low-wage employees' job) to compensate the "victims" of foreign subsidies (low wages)?

Just how dangerous is it to be a cop? Daniel Bier answers. (SPOILER ALERT: not very).