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Stripes Building – Art by G. Stolyarov II

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G. Stolyarov II
March 27, 2017

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The Stripes Building – a Minecraft creation by Mr. Stolyarov – is the next step in the beautification of the unfinished Aqueduct Plaza of the Minecraft Imperial City, a collaborative project coordinated by users Rigolo and Comeon, and freely downloadable here.

The most current version of the Imperial City, as expanded by Mr. Stolyarov, is downloadable here.

The Stripes Building replaces a former dark rectangular cavern. As its name suggests, this structure is characterized by distinctive striped motifs at various scales. It represents an attempt at a new esthetic in a new era – an era of great contrasts and the recurrence of both glorious and tragic developments both on an individual level and for the world at large. At the same time, this building endeavors to respect the architectural elements of great historical styles, while combining and illuminating them in a way that hints at a futuristic outlook.

The Stripes Building is situated on the opposite side of the Aqueduct Compound – its taller, airier, more optimistic cousin, which represents the forward-looking spirit of an earlier era. The Stripes Building is more nuanced and suggests that the future might turn out in a variety of ways, but there is still value in a structured, rational way of contemplating it.

Left-click for a full-image view of each screenshot. Right-click to download the image.

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Why Iceland Doesn’t Have an Alt-Right Problem – Article by Camilo Gómez

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The New Renaissance HatCamilo Gómez
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With the recent rise to prominence of right-wing populist parties across Europe, it’s refreshing that Iceland has remained largely immune to such nationalistic rhetoric. On the continent, figures like Marine Le Pen in France and Geert Wilders in the Netherlands are capitalizing on what political scientists are calling a third wave of European populism that began after the international financial crisis of 2008. These parties are characterized by their anti-immigrant, and specifically, anti-Muslim sentiments. They fashion themselves the “protectors” of their homelands’ traditional culture against cosmopolitan globalism.

Yet, tiny Iceland has resisted this dirty brand of politics because of the rise of social movements that challenged the power structure of the Icelandic political establishment after the financial crisis of 2008. Unlike in other European countries, these social movements transformed themselves into a political movements, filling the vacuum of traditional center-right and center-left political parties, while also preventing far-right political projects from succeeding.

For starters, Iceland is a relatively young country that only became independent in 1944. It is a parliamentary democracy, based on coalitions because the Althing (parliament) has 63 members but a single party rarely has a clear majority. Unlike other Nordic countries, Iceland has been governed by the right for most of its history, either from the liberal conservative Independence Party or the center-right agrarian Progressive Party.

This changed after the international financial crisis of 2008, which led all three Icelandic commercial banks to default. The crisis generated massive anger as Icelanders didn’t know what was going to happen with their savings. This led to massive protests that culminated in the resignation of the Prime Minister who was a member of the Independence Party.  Consequently, in April 2009, a left-wing coalition by the Social Democratic Alliance and the Left-Green Movement formed a government together for the first time in the country’s history.

This grassroots activism led to the appearance of outsider political projects like the now defunct Best Party, which started as political satire but ended with its leader Jón Gnarr winning the mayoral election in Reykjavík in 2010. More importantly, grassroots activism was further encouraged by the Panama Papers, which revealed that the Prime Minister of Iceland, Sigmundur Davíð Gunnlaugsson of the Progressive Party and his wife, had an undisclosed account in an offshore tax haven. The ensuing protests became the largest in Iceland’s history, and made the Prime Minister resign. This led the way for the Pirate Party — a loose collection of anarchists, hackers and libertarians — to rise in prominence. Because of the Pirates, the national discussion shifted to a more socially tolerant narrative of a society willing to be open to the world.

Thus, Iceland’s 2016 elections presented very different options from the relatively traditional Independence Party and Progressive Party or the Social Democratic Alliance and Left-Green Movement. In addition to the Pirate Party,  voters could also choose from the Bright Party, an eclectic socially liberal party, and the Reform Party, a new liberal party formed by defectors of the Independence Party. The elections led to a center-right coalition between the Independence Party, the Reform Party and the Bright Party.

Rather than blaming immigrants for their problems, Icelanders confronted the political class and created new parties that didn’t resemble the wave of far-right populism. Now even the government realizes that Iceland needs immigrants, skilled and unskilled, to fulfill the demand in different aspects of the Icelandic economy. Contrary to other countries in Europe, and despite its size, Iceland had been willing to receive refugees, and the number of immigrants in Iceland keeps growing year by year. In times of demagoguery, Iceland remains friendly to foreigners. One can only hope that the world learn from this small country that foreigners bring prosperity.

Camilo Gómez is a blogger at The Mitrailleuse and the host of Late Night Anarchy podcast. He can be found in Twitter at @camilomgn. He is a Young Voices Advocate.

This article was published by The Foundation for Economic Education and may be freely distributed, subject to a Creative Commons Attribution 4.0 International License, which requires that credit be given to the author. Read the original article.

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The U.S. Transhumanist Party – Pursuing a Future of Extreme Progress – Presentation by G. Stolyarov II

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The New Renaissance HatG. Stolyarov II
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Listen to and download the audio recording of this presentation at http://rationalargumentator.com/USTP_Future_of_Extreme_Progress.mp3 (right-click to download).

Download Mr. Stolyarov’s presentation slides at http://rationalargumentator.com/USTP_Future_of_Extreme_Progress.pdf (right-click to download).


Gennady Stolyarov II, Chairman of the U.S. Transhumanist Party, delivered this presentation virtually at the Extreme Futures Technology and Forecasting (EFTF) Work Group on March 11, 2017.

Mr. Stolyarov outlines the background and history of the Transhumanist Party, its Core Ideals, its unique approach to politics and member involvement, and the hopes for transforming politics into a constructive focus on solutions to the prevailing problems of our time.

At the conclusion of the presentation Mr. Stolyarov answered a series of questions from futurists Mark Waser and Stuart Mason Dambrot.

Visit the website of the U.S. Transhumanist Party here.

Become a member of the U.S. Transhumanist Party for free here.

Watch the U.S. Transhumanist Party Discussion Panel on Artificial Intelligence here.

Watch the U.S. Transhumanist Party Discussion Panel on Life Extension here.

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Arizona Challenges the Fed’s Money Monopoly – Article by Ron Paul

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The New Renaissance HatRon Paul
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History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.

Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.

Despite the hostility toward gold from modern politicians, gold played a role in US monetary policy for sixty years after the creation of the Federal Reserve. Then, in 1971, as concerns over the US government’s increasing deficits led many foreign governments to convert their holdings of US dollars to gold, President Nixon closed the gold window, creating America’s first purely fiat currency.

America’s 46-year experiment in fiat currency has gone exactly as followers of the Austrian school predicted: a continuing decline in the dollar’s purchasing power accompanied by a decline in the standard of living of middle- and working-class Americans, a series of Federal Reserve-created booms followed by increasingly severe busts, and an explosive growth in federal-government spending. Federal Reserve policies are also behind much of the increase in income inequality.

Since the 2008 Fed-created economic meltdown, more Americans have become aware of the Federal Reserve’s responsibility for America’s economic problems. This growing anti-Fed sentiment is one of the key factors behind the liberty movement’s growth and represents the most serious challenge to the Fed’s legitimacy in its history. This movement has made “Audit the Fed” into a major national issue that is now closer than ever to being signed into law.

Audit the Fed is not the only focus of the growing anti-Fed movement. For example, this Wednesday the Arizona Senate Finance and Rules Committees will consider legislation (HB 2014) officially defining gold, silver, and other precious metals as legal tender. The bill also exempts transactions in precious metals from state capital-gains taxes, thus ensuring that people are not punished by the taxman for rejecting Federal Reserve notes in favor of gold or silver. Since inflation increases the value of precious metals, these taxes give the federal government one more way to profit from the Federal Reserve’s currency debasement.

HB 2014 is a very important and timely piece of legislation. The Federal Reserve’s failure to reignite the economy with record-low interest rates since the last crash is a sign that we may soon see the dollar’s collapse. It is therefore imperative that the law protect people’s right to use alternatives to what may soon be virtually worthless Federal Reserve notes.

Passage of HB 2014 would also send a message to Congress and the Trump administration that the anti-Fed movement is growing in influence. Thus, passage of this bill will not just strengthen movements in other states to pass similar legislation; it will also help build support for the Audit the Fed bill and legislation repealing federal legal tender laws.

This Wednesday I will be in Arizona to help rally support for HB 2014, speaking on behalf of the bill before the Arizona Senate Finance Committee at 9:00 a.m. I will also be speaking at a rally at noon at the Arizona state capitol. I hope every supporter of sound money in the Phoenix area joins me to show their support for ending the Fed’s money monopoly.

Ron Paul, MD, is a former three-time Republican candidate for U. S. President and Congressman from Texas.

This article is reprinted with permission from the Ron Paul Institute for Peace and Prosperity.

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Why the Joint Session Standing Ovations Creeped Me Out – Article by Marianne March

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The New Renaissance HatMarianne March
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On February 28, 2017, I tuned in for President Trump’s speech to a joint session of Congress. What stood out to me most, besides VP Pence and Speaker Paul Ryan’s matching cobalt ties, was the way those two men and a portion of the audience kept popping up and down, out of their chairs like plastic rodents in a game of whack-a-mole. During the roughly hourlong speech, (some of) the audience rose out of their chairs, clapping, no less than twenty times.

Clap Until Your Hands Are Raw

There is something incredibly disingenuous about giving an enthusiastic standing ovation every three minutes. What inspires people to participate so eagerly in, what is clear to any outsider, an orchestrated scene?

It calls to mind, Russian novelist, Aleksandr Solzhenitsyn’s book The Gulag Archipelago, in which he describes the following scene,

At the conclusion of the conference, a tribute to Comrade Stalin was called for. Of course, everyone stood up (just as everyone had leaped to his feet during the conference at every mention of his name). … For three minutes, four minutes, five minutes, the stormy applause, rising to an ovation, continued. But palms were getting sore and raised arms were already aching. And the older people were panting from exhaustion. It was becoming insufferably silly even to those who really adored Stalin.

However, who would dare to be the first to stop? … After all, NKVD men were standing in the hall applauding and watching to see who would quit first!

Then, after eleven minutes, the director of the paper factory assumed a businesslike expression and sat down in his seat. And, oh, a miracle took place! Where had the universal, uninhibited, indescribable enthusiasm gone? To a man, everyone else stopped dead and sat down. They had been saved!

The squirrel had been smart enough to jump off his revolving wheel. That, however, was how they discovered who the independent people were. And that was how they went about eliminating them. That same night the factory director was arrested. They easily pasted ten years on him on the pretext of something quite different. But after he had signed Form 206, the final document of the interrogation, his interrogator reminded him:

“Don’t ever be the first to stop applauding.”

Circa 2017

Some amount of applauding and even standing ovations are not out of place at a political event, especially a presidential speech, but audience reactions to Mr. Trump’s joint session address were borderline ridiculous.

People in the gallery, and seated behind Trump, stood and applauded law enforcement, the First Lady, protectionist trade policies, “transitioning” out of Obamacare, and they clapped almost endlessly for Carryn Owens, the grieving widow of Navy Seal Ryan Owens who was killed during a raid in Yemen in late January.

During the several minutes that they stood clapping for her, Carryn Owens sobbed, clenched her hands together and looked up to the ceiling, mouthed the words ‘thank you,’ and clearly struggled to keep her composure. It was difficult to watch.

Glenn Greenwald described the moment perfectly in an Intercept article:

Independent of the political intent behind it, any well-functioning human being would feel great empathy watching a grieving spouse mourning and struggling to emotionally cope with the recent, sudden death of her partner.”

And it’s true. I imagine few could help feeling sympathy for this woman. Not only has she borne the loss of her husband, but she is now being used as a pawn to promote and glorify war and suffering.

Using Women to Promote War

And what a paltry recompense applause is. I’m sure that the widow Owens would much prefer that the men and women of Congress keep their hands in their pockets to losing her spouse. But this is a powerful tool for promoting war and it has been used for a long time.

Exalting only a country’s own soldiers, without so much as a whispered reference to the other victims of war, the deaths of innocent civilians, and using women, particularly mothers and widows, to connect an audience with less negative perceptions of war is an old trick.

This tactic is perhaps best explained in the 1964 film, The Americanization of Emily,

And it’s always the widows who lead the Memorial Day parades…. We shall never end wars by blaming it on ministers and generals or warmongering imperialists or all the other banal bogies. It’s the rest of us who build statues to those generals and name boulevards after those ministers; the rest of us who make heroes of our dead and shrines of our battlefields. We wear our widows’ weeds like nuns … and perpetuate war by exalting its sacrifices.”

What is amazing is that we’re still falling for these schemes.

Again, I agree with Greenwald that,

None of this is to say that the tribute to Owens and the sympathy for his wife are undeserved. Quite the contrary: when a country, decade after decade, keeps sending a small, largely disadvantaged portion of its citizenry to bear all the costs and risks of the wars it starts – while the nation’s elite and its families are largely immune – the least the immunized elites can do is pay symbolic tribute when they are killed.”

In his address, President Trump called for “one of the largest increases in national defense spending in American history.” And then he proceeded to show us just how he’s going to get it. How many more widows and victims will be paraded out in front of us in the years to come?

We must recognize that when we allow our emotions to be manipulated in this manner, we, too, become pawns of the powerful.

Marianne March is a recent graduate of Georgia State University, where she majored in Public Policy, with a minor in Economics. Follow her on twitter @mari_tweets.

This article was published by The Foundation for Economic Education and may be freely distributed, subject to a Creative Commons Attribution 4.0 International License, which requires that credit be given to the author. Read the original article.

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Jews As the Enemies of the Enemies of Liberty – Article by Steven Horwitz

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The New Renaissance HatSteven Horwitz
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Anti-Semitism, it’s often said, is the oldest prejudice. The hatred of Jews has waxed and waned over the centuries, but appears to be back with something of a vengeance over the last few years, and especially the last few months.

For example, on Monday, February 27, over two dozen Jewish institutions across the country received bomb threats by anonymous phone calls. These included Jewish Community Centers, synagogues, retirement homes, day care centers, and Jewish educational institutions. These threats are part of a pattern of such threats, including multiple cemetery desecrations, that has been ongoing over the last few months. There have been 100 such threats to Jewish institutions just since the beginning of 2017.

Every time such a threat is called in, these institutions have to clear the building to determine if it is just a hoax. This means rounding up children, infants, the elderly, the infirm, and the developmentally disabled, getting them out of the building and, often, out in the cold, for the hour or two it takes to confirm all is clear. Although, thankfully, these have all turned out to be hoaxes, they still are taking a real toll on the Jewish community and the non-Jews who make use of these institutions. They are, I would argue, a form of terrorism.

The Why of Anti-Semitism

There has been much debate over why these threats have increased in recent months, and it seems plausible that the increased brazenness of the “politically incorrect,” including the rise of the alt-right, in the wake of the Trump campaign is probably one key factor. But anti-Semitism is not solely a problem on the Right. The political Left has had its own history of hatred for Jews, manifested in the present by the increased anti-Semitism of the radical Left in the context of criticism of Israel, especially through the Boycott, Divestments, and Sanctions (BDS) movement.

The sources of anti-Semitism on both Right and Left are complicated, but one element on both sides is that Jews have historically been associated with important liberal ideas such as capitalism, entrepreneurship, cosmopolitanism, and free migration. These institutions have enabled massive social, cultural, and economic change, empowering the previously powerless all over the world, and threatening the old order.

The enemies of liberalism have problems with all of these, though the Right and Left differ on which bothers them the most. But for both, Jews can be easily seen as the enemies of those who find deep flaws with the classical liberal social order. When Jews are being threatened, it is usually a good sign that the foundations of liberalism are as well.

Jewish Anti-Capitalism

One point to note up front is that Jews themselves have a history of opposition to classical liberalism. Jewish intellectuals have had a long-standing attraction to socialism, starting of course with Marx himself. In particular, a number of the architects of the Russian Revolution were Jews or of Jewish heritage.

I raise this because I am not arguing that Jews were somehow reliably classically liberal over the last few centuries. And the fact that a good number of Jews were socialist, or that a good number of socialists were Jews, certainly doesn’t justify anti-Semitism by critics of socialism.

I do think that part of the attraction of socialism to Jews was its universalist aspiration in the form of the trans-national cosmopolitan vision of classical socialism along with its desire to “heal the world” and its strong ethic of concern for the least well-off. Those aspirations were shared by 19th-century classical liberals and were also part of Jewish practice. This universalism made Jews the target of the critics of classical liberalism from the Right, as well as the right-wing critics of socialism.

Jewish Pro-Capitalism

The association of Jews with capitalism, trade, and entrepreneurship is well known. The negative stereotypes of acquisitiveness, materialism, and selfishness that have long been part of anti-Semitism grew out of the truth that Jews were more likely to be traders and financiers than were other groups. Part of this was that as a nomadic people, Jews invested in their human capital rather than the physical capital they would have had to schlep around while getting kicked out of country after country.

(This might also explain why Jews have also been disproportionately entertainers and intellectuals. The skills for telling jokes, writing stories, making music, or working in the realm of ideas are ones that don’t require much in the way of physical capital in order to be successful.)

Jews were also often middlemen as a result of their nomadic existence and familiarity with so many parts of the world. Middlemen have always been suspect to the economically ignorant as far back as Aristotle, as they appear to profit by creating nothing tangible. This is particularly true when the middlemen are in financial markets, where they are not even trading something physical.

It’s no surprise, therefore, that hatred of capitalism has been accompanied by hatred of the Jews

Right-wing anti-Semitism, however, often draws upon these capitalist tropes as part of its hatred. But in this context, Jews are not so much seen as representative of capitalist exploitation that can be ended by socialism, but rather as an example of people who place love of money and their universalist aspirations above the love of their country and its citizens.

German anti-Semitism in the 20th century had roots in the argument that Jews had been “war profiteers” in World War I and had benefitted from the economic destruction that characterized the Weimar Republic period leading up to Hitler’s ascension to power. The Nazis, and other fascist movements, saw the Jews as the sort of rootless cosmopolitans who were unable to grasp the importance of blood and soil.

The modern version of this point, and one that is also found on the Left, is the “dual loyalty” charge laid upon pro-Israel Jews: they are beholden to Israel in ways that cause them to work against the interests of the United States.

The Why of Nationalism

One way to see the “national socialism” of various fascist movements is that they objected not to socialism per se, but to socialism’s attempt to put class ahead of race or ethnicity or nationality. To the fascists, German or Italian workers shared much more with German or Italian capitalists than they did with Russian or American workers. Marxian socialism drew the wrong battle lines.

And so it is today, as “economic nationalism” is on the rise globally and Jews have again become the most obvious target for an invigorated Right. Jews have always been the symbol of the cosmopolitan, the migrant, and the “rootless” trader. If you reject market-driven globalization, whether because you dislike markets or because you are a nationalist, you are going to have reasons to see Jews as symbols of what you reject. That opposition to immigration and global trade, and the market system that is at the root of both, would go hand-in-hand with anti-Semitism is hardly surprising.

The economic nationalism of Trump and a variety of European leaders is not inherently anti-Semitic, nor does it require that the leaders of such movements be anti-Semites, but the arguments of economic nationalism can easily empower the anti-Semitism of both the Right and Left. The leaders build in plausible deniability, knowing full well the nature of the forces they are unleashing but in ways that avoid direct responsibility.

How could they not know? We have centuries of experience to draw on, back to the ancient world through the Middle Ages all the way to the ghastly slaughter of the 20th century during which anti-Semitism nearly destroyed the whole of Europe itself. The costs have been unspeakable, and hence the vow to never forget. And yet, despite this history, the tendency to forget remains. To remember would require that we think more clearly about ideology and philosophy, human rights and dignity. Many people do not want to do that. It remains easier to scapegoat than to remember.

Admittedly, we liberals have a special grudge against anti-Semitism. It broke up the greatest intellectual society of the 20th century, shattering Viennese intellectual life, flinging even Ludwig von Mises out of his home and into the abyss. His books were banned, and those of many others too. He and so many fled for their lives but bravely rebuilt them in the new world that offered protection.

A Warning Sign

It has been said that Jews are the canaries in the coal mine of a liberal society: when they are under threat, it is a warning sign. The ongoing and increasing threats to Jewish communities here in the US, as well as similar trends across Europe, should have all of us worried. A world where Jews sing out in joy together and are unafraid to fly free is one far more safe from tyranny than one in which we Jews worry about dying in our own cages, as many of us are doing as the threats to our institutions have become more frequent and more brazen in recent months.

Watch how a society treats Jews and you’ll have an indicator of its degree of openness and respect for liberty. When Jews are being threatened, so are the deepest of our liberal values. The poisonous air from coal mining that killed canaries was invisible. The threats to Jews and to liberalism are not. Citizens of liberal societies dismiss or downplay those threats at our own peril.

Steven Horwitz is the Charles A. Dana Professor of Economics at St. Lawrence University and the author of Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions. He is spending the 2016-17 academic year as a Visiting Scholar at the John H. Schnatter Institute for Entrepreneurship and Free Enterprise at Ball State University.

He is a member of the FEE Faculty Network.

This article was published by The Foundation for Economic Education and may be freely distributed, subject to a Creative Commons Attribution 4.0 International License, which requires that credit be given to the author. Read the original article.

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Welcome Aboard, But First US Marshals Will Scan Your Retina – Article by Jeffrey A. Tucker

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The New Renaissance HatJeffrey A. Tucker
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For some 15 years, airport security has become steadily more invasive. There are ever more checkpoints, ever more requests for documents as you make your way from the airport entrance to the airplane. Passengers adapt to the new changes as they come. But my latest flight to Mexico, originating in Atlanta, presented all passengers with something I had never seen before.

We had already been through boarding pass checks, passport checks, scanners, and pat downs. At the gate, each passenger had already had their tickets scanned and we were all walking on the jet bridge to board. It’s at this point that most people assume that it is all done: finally we can enjoy some sense of normalcy.

This time was different. Halfway down the jetbridge, there was a new layer of security. Two US Marshals, heavily armed and dressed in dystopian-style black regalia, stood next to an upright machine with a glowing green eye. Every passenger, one by one, was told to step on a mat and look into the green scanner. It was scanning our eyes and matching that scan with the passport, which was also scanned (yet again).

Like everyone else, I complied. What was my choice? I guess I could have turned back at the point, decline to take the flight I had paid for, but it would be unclear what would then happen. After standing there for perhaps 8 seconds, the machine gave the go signal and I boarded.

I talked to a few passengers about this and others were just as shaken by the experience. They were reticent even to talk about it, as people tend to be when confronted with something like this.

I couldn’t find anyone who had ever seen something like this before. I wrote friends who travel internationally and none said they had ever seen anything like this.

I will tell you how it made me feel: like a prisoner in my own country. It’s one thing to control who comes into a country. But surveilling and permissioning American citizens as they leave their own country, even as they are about to board, is something else.

Where is the toggle switch that would have told the machine not to let me board, and who controls it? How prone is it to bureaucratic error? What happens to my scan now and who has access to it?

The scene reminded me of movies I’ve seen, like The Hunger Games or 1984. It’s chilling and strange, even deeply alarming to anyone who has ever dreamed of what freedom might be like. It doesn’t look like this.

Why Now?

I’ve searched the web for some evidence that this new practice has been going on for a while and I just didn’t notice. I find nothing about it. I’ve looked to find some new order, maybe leftover from the Obama administration, that is just now being implemented. But I find nothing.

Update: a reader has pointed me to this page at Homeland Security:

As part of U.S. Customs and Border Protection’s (CBP) border security mission, the agency is deploying new technologies to verify travelers’ identities – both when they arrive and when they leave the United States – by matching a traveler to the document they are presenting. CBP’s goal is to enhance national security and protect a traveler’s identity against theft through the use of biometrics.

Biometric information (such as finger, face, or iris) measures a person’s unique physical characteristics. CBP incorporated fingerprints for biometric identification and verification in 2004, and is now testing facial and iris imaging capabilities to help improve travelers’ identity protection, the integrity of our immigration system, and our national security.

I happened to be on the “one daily flight” that gets exit scanned.

Another change has to do with new rules for Homeland Security just imposed by the Trump administration. They make deportation vastly easier for the government. I have no idea if these rules are the culprit for intensified emigration checks.

What people don’t often consider is that every rule that pertains to immigration ultimately applies to emigration as well. Every rule that government has to treat immigrants a certain way also necessarily applies to citizens as well.

Chandran Kukathas is right when he says that “controlling immigration means controlling everyone.”

Regulating immigration is not just about how people arrive, but about what they do once they have entered a country. It is about controlling how long people stay, where they travel, and what they do. Most of all, it means controlling whether or not and for whom they work (paid or unpaid), what they accept in financial remuneration, and what they must do to remain in employment, for as long as that is permitted. Yet this is not possible without controlling citizens and existing residents, who must be regulated, monitored and policed to make sure that they comply with immigration laws.

To be sure, there might have been some tip off that security officials received that triggered these special measures for this flight only. Maybe they were looking for something, someone, in particular. Maybe this was a one-time thing and will not become routine.

The point is that it happened without any change in the laws or regulations. Whatever the reason, it was some decision made by security. It can happen on any flight for any reason. And who is in charge of making that decision?

On the plane, finally, my mind raced through the deeper history here. Passports as we know them are only a little over a century old. In the late 19th century, the apotheosis of the liberal age, there were no passports. You could travel anywhere in the world through whatever means you could find. Nationalism unleashed by World War I ended that.

And here we are today, with ever more controls, seeming to follow Orwell’s blueprint for how to end whatever practical freedoms we have left. And we are going this way despite the absence of any real crisis, any imminent threat? The driving force seems to be this: our own federal government’s desire to control every aspect of our lives.

Think of it: there might be no getting out of the country without subjecting yourself to this process. It’s a digital Berlin Wall. This is what it means to put “security” ahead of freedom: you get neither.

Jeffrey Tucker is Director of Content for the Foundation for Economic Education. He is also Chief Liberty Officer and founder of Liberty.me, Distinguished Honorary Member of Mises Brazil, research fellow at the Acton Institute, policy adviser of the Heartland Institute, founder of the CryptoCurrency Conference, member of the editorial board of the Molinari Review, an advisor to the blockchain application builder Factom, and author of five books. He has written 150 introductions to books and many thousands of articles appearing in the scholarly and popular press.

This article was published by The Foundation for Economic Education and may be freely distributed, subject to a Creative Commons Attribution 4.0 International License, which requires that credit be given to the author. Read the original article.

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On Military and Spending, It’s Trump Versus Trump – Article by Ron Paul

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The New Renaissance HatRon Paul
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It can be a challenge to follow the pronouncements of President Trump, as he often seems to change his position on any number of items from week to week, or from day to day, or even from minute to minute. Consider his speech last week at the Conservative Political Action Conference (CPAC). It was reported as “fiery” and “blistering,” but it was also full of contradictions.

In the speech, President Trump correctly pointed out that the last 15 years of US military action in the Middle East has been an almost incomprehensible waste of money – six trillion dollars, he said – and that after all that US war and meddling the region was actually in worse shape than before we started.

It would have been better for US Presidents to have spent the last 15 years at the beach than to have pursued its Middle East war policy, he added, stating that the US infrastructure could have been rebuilt several times over with the money wasted on such militarism.

All good points from the President.

But then minutes later in the same speech he seemed to forget what he just said about wasting money on militarism. He promised he would be “upgrading all of our military, all of our military, offensive, defensive, everything,” in what would be “one of the greatest military buildups in American history.”

This “greatest” military buildup is in addition to the trillions he plans on spending to make sure the US nuclear arsenal is at the “top of the pack” in the world, as he told the press last Thursday. And that is in addition to the trillion dollar nuclear “modernization” program that is carrying over from the Obama Administration.

Of course when it comes to nuclear weapons, the United States already is at the “top of the pack,” having nearly 7,000 nuclear warheads. How many times do we need to be able to blow up the world?

At CPAC, President Trump is worried about needlessly spending money on military misadventures, but then in the same speech he promised even more military misadventures in the Middle East.

Where is the money going to come from for all this? Is the President going to raise taxes to pay for it? Is he going to make massive cuts in domestic spending?

In the same CPAC speech, President Trump reiterated his vow to “massively lower taxes on the middle class, reduce taxes on American business, and make our tax code more simple and much more fair for everyone.” And that’s all good. So it’s not coming from there.

Will he cut domestic spending? The President has indicated that he also wants a massive infrastructure modernization program launched in the near future. The plan will likely cost far in excess of the trillion dollars the President has suggested.

That leaves only one solution: printing money out of thin air. It has been the favorite trick of his predecessors. While he correctly condemns the $20 trillion national debt passed down from previous Administrations, his policies promise to add to that number in a massive way. Printing money out of thin air destroys the currency, hastening a US economic collapse and placing a very cruel tax on the working and middle classes as well.

Following the President’s constantly changing policies can make you dizzy. That’s a shame because the solution is very simple: end the US military empire overseas, cut taxes and federal regulations at home, end the welfare magnet for illegal immigration, and end the drug war. And then get out of the way.

Ron Paul, MD, is a former three-time Republican candidate for U. S. President and Congressman from Texas.

This article is reprinted with permission from the Ron Paul Institute for Peace and Prosperity.

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Alan Greenspan Admits Ron Paul Was Right About Gold – Article by Ryan McMaken

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Categories: Economics, History, Tags: , , , , , , , , , , , , , , , , , , ,

The New Renaissance Hat
Ryan McMaken
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In the next issue of The Austrian, David Gordon reviews Sebatian Mallaby’s new book, The Man Who Knew, about the career of Alan Greenspan. Mallaby points out that prior to his career at the Fed, Greenspan exhibited a keen understanding of the gold standard and how free markets work. In spite of this contradiction, Mallaby takes a rather benign view toward Greenspan.

However, in his review, Gordon asks the obvious question: If Greenspan knew all this so well, isn’t it all the more worthy of condemnation that Greenspan then abandoned these ideas so readily to advance his career?

Perhaps not surprisingly, now that his career at the Fed has ended, Old Greenspan — the one who defends free markets — has now returned.

This reversion to his former self has been going on for several years, and Greenspan reiterates this fact yet again in a recent interview with Gold Investor magazine. Greenspan is now a fount of sound historical information about the historical gold standard:

I view gold as the primary global currency. It is the only currency, along with silver, that does not require a counterparty signature. Gold, however, has always been far more valuable per ounce than silver. No one refuses gold as payment to discharge an obligation. Credit instruments and fiat currency depend on the credit worthiness of a counterparty. Gold, along with silver, is one of the only currencies that has an intrinsic value. It has always been that way. No one questions its value, and it has always been a valuable commodity, first coined in Asia Minor in 600 BC.

The gold standard was operating at its peak in the late 19th and early 20th centuries, a period of extraordinary global prosperity, characterised by firming productivity growth and very little inflation.

But today, there is a widespread view that the 19th century gold standard didn’t work. I think that’s like wearing the wrong size shoes and saying the shoes are uncomfortable! It wasn’t the gold standard that failed; it was politics. World War I disabled the fixed exchange rate parities and no country wanted to be exposed to the humiliation of having a lesser exchange rate against the US dollar than itenjoyed in 1913.

Britain, for example, chose to return to the gold standard in 1925 at the same exchange rate it had in 1913 relative to the US dollar (US$4.86 per pound sterling). That was a monumental error by Winston Churchill, then Chancellor of the Exchequer. It induced a severe deflation for Britain in the late 1920s, and the Bank of England had to default in 1931. It wasn’t the gold standard that wasn’t functioning; it was these pre-war parities that didn’t work. All wanted to return to pre-war exchange rate parities, which, given the different degree of war and economic destruction from country to country, rendered this desire, in general, wholly unrealistic.

Today, going back on to the gold standard would be perceived as an act of desperation. But if the gold standard were in place today we would not have reached the situation in which we now find ourselves.

Greenspan then says nice things about Paul Volcker’s high-interest-rate policy:

Paul Volcker was brought in as chairman of the Federal Reserve, and he raised the Federal Fund rate to 20% to stem the erosion [of the dollar’s value during the inflationary 1970s]. It was a very destabilising period and by far the most effective monetary policy in the history of the Federal Reserve. I hope that we don’t have to repeat that exercise to stabilise the system. But it remains an open question.

Ultimately, though, Greenspan claims that central-bank policy can be employed to largely imitate a gold standard:

When I was Chair of the Federal Reserve I used to testify before US Congressman Ron Paul, who was a very strong advocate of gold. We had some interesting discussions. I told him that US monetary policy tried to follow signals that a gold standard would have created. That is sound monetary policy even with a fiat currency. In that regard, I told him that even if we had gone back to the gold standard, policy would not have changed all that much.

This is a rather strange claim, however. It is impossible to know what signals a gold standard “would have” created in the absence of the current system of fiat currencies. It is, of course, impossible to recreate the global economy under a gold standard in an economy and guess how the system might be imitated in real life. This final explanation appears to be more the sort of thing that Greenspan tells himself so he can reconcile his behavior at the fed with what he knows about gold and markets.

Nor does this really address Ron Paul’s concerns, expressed for years, toward Greenspan and his successors. Even if monetary policymakers were attempting to somehow replicate a gold-standard environment, Paul’s criticism was always that the outcome of the current monetary regime can be shown to be dangerous for a variety of reasons. Among these problems are enormous debt loads and stagnating real incomes due to inflation. Moreover, thanks to Cantillon effects, monetarily-induced inflation has the worst impact on lower-income households.

Even Greenspan admits this is the case with debt: “We would never have reached this position of extreme indebtedness were we on the gold standard, because the gold standard is a way of ensuring that fiscal policy never gets out of line.”

Certainly, debt loads have taken off since Nixon closed the gold window in 1971, breaking the last link with gold:

Ryan W. McMaken is the editor of Mises Daily and The Free Market. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre. 

This article was published on Mises.org and may be freely distributed, subject to a Creative Commons Attribution United States License, which requires that credit be given to the author.

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P.G. Wodehouse Knew the Way: Fight Fascism with Humor – Article by Jeffrey A. Tucker

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Categories: Culture, Philosophy, Politics, Tags: , , , , , , , , , , , ,

The New Renaissance HatJeffrey A. Tucker
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One of my favorite characters from 20th century pop fiction is Roderick Spode, also known as Lord Sidcup, from the 1930s series Jeeves and Wooster by P.G. Wodehouse, and hilariously portrayed in the 1990s TV adaptation starring Hugh Laurie and Stephen Fry. He perfectly captures the bluster, blather, and preposterous intellectual conceit of the interwar aspiring dictator.
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Back in the day, these people were all the same, whether George Lincoln Rockwell in the US, Oswald Mosley in the UK, or more well-known statesmen in interwar Europe. They were nativists, protectionists, longed for dictatorship, and believed that science had their back.
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Rather than a tedious denunciation, Wodehouse gives us something more effective. He created a composite and caricature of all of them and turned it to hilarity.
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Books about Nothing

Like Seinfeld, Jeeves and Wooster was “about nothing” but managed compelling cultural commentary that shaped the way a generation saw the world around them. It chronicled the amusing superficial lives of third-generation English upper class, lovable people with declining financial resources but too much dignity to take on the task of actually earning a living. There is a strong liberal spirit running through the whole series.

Roderick Spode is a character who makes appearances at odd times, making speeches to his couple dozen followers, blabbing on in the park and bamboozling naïve passersby, blowing up at people, practicing his demagogic delivery style. A handful of people take him seriously but mostly he and his “brownshort” followers are merely a source of amusement and annoyance to the London scene.

Why shorts? It seems that by the time he started ordering uniforms for his followers, there were no more shirts left. Red, brown, and black were already taken. Plus the company he contacted only had affordable shorts, so brown shorts it would be. So the required eugenic theory of his group naturally surrounded knees. He wanted everyone’s knees compulsorily measured:

Not for the true-born Englishman the bony angular knee of the so-called intellectual, not for him the puffy knee of the criminal classes. The British knee is firm, the British knee is muscular, the British knee is on the march!

The television series made him less British than German in aspiration. Here is his first speech in the television series, in which proclaims the “right, nay the duty” of every Briton to grow his own potatoes.

And here he is proposing mandatory bicycles and umbrellas for all free-born Britons. A fellow standing around says, “I say, I’ve never quite thought of it that way.”

Spode is also secretly a coward. In his other life, he is the owner, by virtue of family inheritance, of a shop that designs intimate clothing for women. He is desperate to keep this a secret, believing this profession to be incompatible with the career ambitions of an aspiring dictator. Anyone who knows this secret about his life has deep control over his psyche, with only the threat of revelation keeping him under control.

They Are Ridiculous

The entire caricature was a humiliation for the fascists of the period because it spoke truth. Their plans for economic life are ridiculous. Their eugenic theories are pseudo-science. Their pretensions to command a massive following are completely wrong. And in their private lives, they are just like everyone else: they aren’t demigods or elites or superior in any sense. They are just dudes who are exploiting public curiosity and fear to gain attention and power. They are trolls.

Humor is a great method for dealing with clowns like these, as Saturday Night Live has recently rediscovered. At the same time, we are mistaken to think they are not a threat to civilized life. In real life, Mosley in the UK and Rockwell in the US were a serious menace, as much as the establishments they opposed.

The statist Left and the statist Right play off each other, creating a false binary that draws people into their squabble. People need to understand, as F.A. Hayek emphasized in Road to Serfdom, that the fascists and communists are really two sides of a split within the same movement, each of which aspires to control the population with a version of a central plan.

It’s a question of how best to deal with them. Ideally clowns like this would be ignored, left to sit alone at the bar or at the park with their handful of deluded acolytes. That’s how Wodehouse presented his fascist – just as a silly distraction whose only value is a good joke. However, this is not typically how people do deal with them. They are so offensive to people’s ideals that they inspire massive opposition, and that opposition in turn creates public scenes that gain a greater following for the demagogue. This cycle continues to the point that the entire political landscape becomes deeply poisoned with hate and acts of vengeance.

When thinking of how genuine lovers of human liberty should deal with such settings, I always fall back on Ludwig von Mises from 1927.

It is often maintained that what divides present-day political parties is a basic opposition in their ultimate philosophical commitments that cannot be settled by rational argument. The discussion of these antagonisms must therefore necessarily prove fruitless … Nothing is more absurd than this belief … Rhetorical bombast, music and song resound, banners wave, flowers and colors serve as symbols, and the leaders seek to attach their followers to their own person. Liberalism has nothing to do with all this. It has no party flower and no party color, no party song and no party idols, no symbols and no slogans. It has the substance and the arguments. These must lead it to victory.

It can be the hardest thing in the world to remember this in the midst of political upheaval and antagonisms. People tend to believe they must join the Left to defeat the Right or join the Right to defeat the Left, forgetting that there is a third option: rule by no party and no one, but rather by universal self-rule and the society of freedom first and always.

It’s the tragedy of real-world politics that we keep moving through these phases, trading one style of central plan for another, one type of despot for another, without understanding that none are necessary. True defenders of liberty get it. That should inspire us to smile from time to time.

Jeffrey Tucker is Director of Content for the Foundation for Economic Education. He is also Chief Liberty Officer and founder of Liberty.me, Distinguished Honorary Member of Mises Brazil, research fellow at the Acton Institute, policy adviser of the Heartland Institute, founder of the CryptoCurrency Conference, member of the editorial board of the Molinari Review, an advisor to the blockchain application builder Factom, and author of five books. He has written 150 introductions to books and many thousands of articles appearing in the scholarly and popular press.

This article was published by The Foundation for Economic Education and may be freely distributed, subject to a Creative Commons Attribution 4.0 International License, which requires that credit be given to the author. Read the original article.

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