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Month: September 2015

Why Open Borders? – Article by Jeffrey A. Tucker

Why Open Borders? – Article by Jeffrey A. Tucker

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The New Renaissance HatJeffrey A. Tucker
September 15, 2015
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Two dear friends of mine just experienced incredible struggles with immigration control in the United States, one from Australia and one from Canada. Both are enormously talented, in love with the freedom that America represents to the world — or once did anyway.

One barely got in after months of waiting, even though a willing, begging employer was waiting. The other was deported with a single day’s notice.

Each has been a captive of bureaucrats with awesome power. Their stories are tragic. Natives know nothing about this ghastly system and how it treats human beings. We never experience it.

The labyrinth of bureaucracy is jaw-dropping. The arbitrary power exercised by “our” bureaucrats is frightening. The loss to our nation’s productivity is mindboggling. Hearing these stories, you can’t help but apologize for the way our own government treats people who want to love this country and contribute to its greatness.

And to think that for the first 100 years of this country’s existence we had zero national immigration restrictions. The whole world was invited in — and this invitation led to the most prosperous society the world has ever known. In these times, there were no passports. For the most part, everyone was free to move around the earth — and this was thought to be the very essence of liberty.

Today, we have an effective ban on immigration. You can’t come to the U.S. to live and work legally unless you are family, highly educated, or get in as a refugee. Other than that, the barriers to legal immigration are impossibly high. The wait lines for employment visas are impossibly long, and people from the world’s largest population centers aren’t even eligible.

Meanwhile, the government spends $18 billion on stopping immigration — more than all other federal criminal enforcement agencies combined. This is money spent to stop people from freely exchanging labor for money. That the whole thing is a massive flop is revealed by the 11 million illegal immigrants in this country, and the half million apprehended crossing the border each year — surely only a fraction of those who were not.

But apparently, that’s not enough. Donald Trump is soaring in popularity by calling for mass deportations and building a wall around the country, in effort to double down on a failed government policy. Other candidates are alarmed at his rhetoric, but echo his core claim that there is some kind of crisis going on.

Meanwhile, this is a huge debate among people who otherwise swear fealty to “limited government.” Many people who claim to want freedom seem to have no problem with the implications of a closed-border policy: national IDs, national work permits, non-stop surveillance, harassment of all businesses, a “papers please” culture, mass deportation, tens of billions in waste, bureaucrats wrecking the American dream, broken families, the rights of Americans and foreigners transgressed at every turn.

In this environment of political hysteria, in which the rankest form of racial fear has reared its head, few dare to stand up and call for the only liberty-minded answer: open borders.

Just the phrase causes people to sputter in shock. The objections start flying: wages will fall, welfare will explode, people will vote for the wrong people, there will be cultural confusion, the national language will evaporate, crime will soar — on and on the parade of horribles marches.

The more you look into the research, the more these objections fall away. Immigrants cause less crime than natives. Immigration does not cause unemployment. Immigrants don’t consume more public benefits than natives; in fact, they use fewer. Indeed, they have kept Social Security afloat, even though they will never get a dime from the system. They don’t love liberty less: they poll in as more libertarian. Indeed, every one of these and other claims in Trump’s immigration policy paper are patently wrong.

Apparently, the facts don’t matter. And as for humane values and human rights, forget it. Immigration restriction is a fundamental attack the rights of at least two parties: the person who wants to employ someone currently outside the border and the person who wants to come work. It’s a thuggish interference with an economic exchange, like any other arbitrary restriction on trade.

So often, in many recent discussions I’ve had online, what’s going on here is just a shoot-from-hip bias. It’s exactly the same kind of fears that make people object to getting rid of the minimum wage, cutting taxes, eliminating tariffs, privatizing the TSA, eliminating zoning laws, cutting government spending, legalizing pot, and so on.

It’s freedom itself that people fear.

Once freedom goes away, it is difficult to imagine how things would work if it came back. The notion of freedom then scares people, and it becomes easy to think up a thousand different scenarios in which freedom can’t possibly work. Surely disaster will ensue!

This was a problem during alcohol Prohibition. The system wasn’t working, but the prospect of making its consumption and production legal again elicited a kind of panic. Would our streets be filled with staggering drunks? Would scarce income be squandered on liquor? Would families break apart?

The lack of imagination concerning how freedom can work is the single biggest barrier in the U.S. to ending the war on immigration.

Imagine if the U.S. had massive border controls between states, with checkpoints and passports and drug-sniffing dogs, and if you had to have permission to change from a job in Ohio to a job in Vegas, or if a Virginian could be deported from New Jersey for overstaying, or if you had to wait years to obtain the right documentation to move from one state to another, or if the labor market was so tightly regulated that an employer in another state could only hire you if they could prove they had no other options.

If all that were true, anyone who suggested open borders and a free labor market between states in the U.S. would be considered a dangerous loon.

But here is the clarifying fact: the conditions that allow free migration between states within the U.S. are identical with regard to free migration between the U.S., Mexico, and Canada. The only difference happens to be the government that issues citizenship documents.

I live in Georgia. What if I started a movement to prohibit immigrants from Chicago to Georgia? Why would I suggest such a crazy thing? Because I believe that crime is higher in Chicago, welfare is more widely used, their imported labor would drive down wages, they vote in ways that are regrettable, and people there just don’t get the ways of the American South.

Should we have immigration controls between states? It sounds preposterous (though Trump could probably sell the idea). But the claims that we can’t have free immigration into the U.S. follow the exact same logic.

Every argument for immigration restrictions into the United States as a whole applies with equal validity for immigration controls between states, counties, cities, and even towns. And yet we do not have such controls. Why does it work so well? Because freedom works.

How can we begin to imagine what open borders would be like? We need an experiment in that exact thing. It just so happens that we have just such an experiment. There are 28 countries that have historically been at war for thousands of years. They all have different languages, different religions, and different folkways. At various periods, people from these countries have hated each other to the point of causing genocide.

Then one day, starting with an agreement that began to be implemented twenty years ago (the Schengen Agreement), they opened all the borders. Anyone from these countries can live and work anywhere. They can travel freely, on the same passports. No bureaucracy stops their freedom of movement and their freedom to produce.

The results have been spectacular. It’s the greatest experiment in completely open borders the world has seen in more than a century. It’s called the European Union. And it works. It points toward the ideal: a world in which everyone is free to move about the earth without fear of gun, wall, or barbed wire.

Let’s not fear freedom and free trade (which means, free trade in capital and labor). In the end, Ludwig von Mises was right: “Without the reestablishment of freedom of migration throughout the world, there can be no lasting peace.”

Jeffrey Tucker is Chief Liberty Officer of Liberty.me (http://liberty.me/join), a subscription-based, action-focused social and publishing platform for the liberty-minded. He is also distinguished fellow of the Foundation for Economic Education (http://fee.org), executive editor of Laissez-Faire Books, research fellow of the Acton Institute, founder of the CryptoCurrency Conference, and author of six books. He is available for speaking and interviews via tucker@liberty.me.

Congress Fiddles While the Economy Burns – Article by Ron Paul

Congress Fiddles While the Economy Burns – Article by Ron Paul

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The New Renaissance HatRon Paul
September 14, 2015
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Reports that the official unemployment rate has fallen to 5.1 percent may appear to vindicate the policies of easy money, corporate bailouts, and increased federal spending. However, even the mainstream media has acknowledged that the official numbers understate the true unemployment rate. This is because the federal government’s unemployment figures do not include the 94 million Americans who have given up looking for work or who have settled for part-time employment. John Williams of Shadow Government Statistics estimates the real unemployment rate is between 23 and 24 percent.

Disappointingly, but not surprisingly, few in Washington, DC acknowledge that America’s economic future is endangered by excessive spending, borrowing, taxing, and inflating. Instead, Congress continues to waste taxpayer money on futile attempts to run the economy, run our lives, and run the world.

For example, Congress spent the majority of last week trying to void the Iranian nuclear agreement. This effort was spearheaded by those who think the US should waste trillions of dollars on another no-win Middle East war. Congressional war hawks ignore how America’s hyper-interventionist foreign policy feeds the growing rebellion against the dollar’s world reserve currency status. Of course, the main reason many are seeking an alternative to the dollar is their concern that, unless Congress stops creating — and the Federal Reserve stops monetizing — massive deficits, the US will experience a Greek-like economic crisis.

Despite the clear need to reduce federal spending, many Republicans are trying to cut a deal with the Democrats to increase spending. These alleged conservatives are willing to lift the “sequestration” limits on welfare spending if President Obama and congressional democrats support lifting the “sequestration” limits on warfare spending. Even sequestration’s minuscule, and largely phony, cuts are unbearable for the military-industrial complex and the rest of the special interests that control our federal government.

The only positive step toward addressing our economic crisis that the Senate may take this year is finally holding a roll call vote on the Audit the Fed legislation. Even if the audit legislation lacks sufficient support to overcome an expected presidential veto, just having a Senate vote will be a major step forward.

Passage of the Audit the Fed bill would finally allow the American people to know the full truth about the Fed’s operations, including its deals with foreign central banks and Wall Street firms. Revealing the full truth about the Fed will likely increase the number of Americans demanding that Congress end the Fed’s monetary monopoly. This suspicion is confirmed by the hysterical attacks on and outright lies about the audit legislation spread by the Fed and its apologists.

Every day, the American people see evidence that, despite the phony statistics and propaganda emanating from Washington, high unemployment and rising inflation plague the economy. Economic anxiety has led many Americans to support an avowed socialist’s presidential campaign. Perhaps more disturbingly, many other Americans are supporting the campaign of an authoritarian crony capitalist. If there is a major economic collapse, many more Americans — perhaps even a majority — will embrace authoritarianism. An economic crisis could also lead to mob violence and widespread civil unrest, which will be used to justify new police state measures and crackdowns on civil liberties.

Unless the people demand an end to the warfare state, the welfare state, and fiat money, our economy will continue to deteriorate until we are faced with a major crisis. This crisis can only be avoided by rejecting the warfare state, the welfare state, and fiat money. Those of us who know the truth must redouble our efforts to spread the ideas of liberty.

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.

The Importance of Zoltan Istvan’s Transhumanist Presidential Campaign – Article by G. Stolyarov II

The Importance of Zoltan Istvan’s Transhumanist Presidential Campaign – Article by G. Stolyarov II

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The New Renaissance Hat
G. Stolyarov II
September 13, 2015
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 Zoltan Istvan – journalist, transhumanist philosopher, and author of the novel The Transhumanist Wager – is currently touring the western United States on his Immortality Bus, spreading the message that indefinite life extension is achievable through the progress of science and technology, and should become a political priority. Istvan is running for President of the United States. He knows that he is almost certainly not going to win the 2016 Presidential election, but he seeks to maximize public awareness of the opportunities and questions posed by emerging technologies, and he has thus far done so on an impressively minimal budget. Istvan has founded the United States Transhumanist Party and has encouraged the formation of State-level parties in order to improve his chances of recognition as a candidate at the federal level. On August 31, 2015, Wendy Stolyarov and I officially formed the Nevada Transhumanist Party and registered it with the Secretary of State. (See the officially filed Constitution and Bylaws here and a searchable version here; also join the Facebook group here, as Allied Membership is open to anyone with a rational faculty and ability to form political opinions.) The Nevada Transhumanist Party Platform adopts and expands upon many of the planks of the United States Transhumanist Party Platform – but also imparts upon them a heightened libertarian and individualistic flavor.

Even while I also do not expect Zoltan Istvan to win the Presidency in 2016, and while I recognize the even greater difficulty of qualifying for ballot access for State-level offices (in Nevada, this would require submitting a petition with the signatures of 5,431 registered voters and is thus not a near-term priority for the Nevada Transhumanist Party), I still unequivocally endorse Istvan’s campaign. Why have I made this decision? I present my reasoning here. Whether or not readers will view Istvan as their preferred choice for President, the motives for his campaign and its impact have a much broader significance that should be considered by all.

NTP-Logo-9-1-20151. Voting should not be about who wins. In fact, much of the sub-optimal equilibrium of the two-party system in the United States arises from a misguided “expectations trap” – where each voter fears expressing his or her principles by voting for the candidate closest to that voter’s actual policy preferences. Instead, voters who are caught in the expectations trap will tend to vote for the “lesser evil” (in their view) from one party, because they tend to think that the consequences of the election of the candidate from the other party will be dire indeed, and they do not want to “take their vote away” from the slightly less objectionable candidate. This thinking rests on the false assumption that a single individual’s vote, especially in a national election, can actually sway the outcome. Given that the probabilities of this occurring are negligible, the better choice – the choice consistent with individual autonomy and the pursuit of principle – is to vote solely based on one’s preference, without any regard for how others will vote or how the election will turn out. One is free to persuade others to vote a certain way, of course, or to listen to arguments from others – but these persuasive efforts, to have merit, should be based on the actual positions and character of the candidates involved, and not on appeals to sacrifice one’s intellectual integrity in order to fulfill the “collective good” of avoiding the victory of the “absolutely terrible” (not quite) candidate from one major party, whose policy choices are likely to be near-identical to the “only slightly terrible” candidate from the other major party. While an individual’s vote cannot actually affect who wins, it can – if exercised according to preference – send a signal as to what issues voters actually care about. Whichever politicians do get elected would see a large outpouring of third-party support as a signal of public discontentment and will perhaps be prompted by this signal to shift their stances on policy issues based on the vote counts they observe. Even a few thousand votes for the Transhumanist Party can send a sufficient signal that many Americans are becoming interested in accelerating technological innovation and the freedom from obstacles posed to it by legacy institutions.

2. Life and liberty necessarily go together. You cannot have liberty if you are not alive, and you cannot live well unless you have liberty. In “Liberty Through Long Life” (2013), I discussed the many emerging technologies that could facilitate dramatic improvements in individual liberty, but also noted that “there is a common requirement for one to enjoy all of these potential breakthroughs, along with many others that may be wholly impossible to anticipate: one has to remain alive for a long time. The longer one remains alive, the greater the probability that one’s personal sphere of liberty would be expanded by these innovations.” In “Liberty or Death: Why Libertarians Should Proclaim That Death is Wrong” (2014), I expressed a corollary to this insight: “If we argue for liberty today, it will still likely take decades of the most ardent advocacy and activism to undo the harms caused by ongoing and escalating infringements of every natural and constitutional right of even the most law-abiding citizens. Therefore, while I support every effort – conventional or radically innovative – to move our societies and governments in the direction of liberty, it is essential to recognize that the success of such efforts will take an immense amount of time. If you do not remain alive during that time, then you will die without having known true liberty.”

Unfortunately, given the current combination of political, economic, and societal conditions – including the decidedly un-libertarian mindsets of the majority of the world’s population today – the transformation of existing societies into libertarian havens will not occur anytime soon. Politics as usual – and even libertarian argumentation as usual – will not get us there in time for us. And yet we should continue to strive to actualize the libertarian ideals; we should do so by championing radical life extension as well as societal transformation by means of emerging technologies, so that the balance of resources and incentives can gradually shift in favor of individualistic, pro-liberty mindsets and behaviors – without violent revolutions or other personally damaging upheavals.

Zoltan Istvan is attempting to do exactly what I have advocated in “The Imperative of Technological Progress: Why Stagnation Will Lead to Disaster and How Techno-Optimism Can Overcome It” (2015): “The key to achieving a freer, more prosperous, and longer-lived future is to educate both elites and the general public to accurately weigh the opportunities and risks of emerging technologies. […] By simply arguing the techno-optimist case and educating people from all walks of life about the tremendous beneficial potential of emerging technologies, we can each do our part to ensure that the 21st century will become known as an era of humankind’s great liberation from its age-old limitations, and not a lurch back into the bog of premodern barbarism.” By becoming a prominent techno-optimist advocate, Istvan has even transcended the typical issue-specific policy debates. I may disagree with some of Istvan’s specific policy stances (for instance, his suggestion that college should be free and mandatory for all) – but these disagreements are greatly outweighed by my support for Istvan’s larger role as a visible champion of a radical acceleration of technological progress – the only path that will enable the libertarian ideal to ever be actualized for us.

3. Zoltan Istvan has successfully and beneficially co-opted politics as a vehicle for techno-optimist discourse. Zoltan Istvan is achieving for the cause of transhumanism – the overcoming of age-old human limitations through science and technology – what Ron Paul achieved for the cause of libertarianism during his Presidential runs in 2008 and 2012 (both of which I supported). Ron Paul also did not win the Presidency (although he became an impressive contender for it), but the educational impact of his campaign was tremendous – particularly raising awareness on the issues of a peaceful foreign policy and respect for civil liberties and social freedoms, but also to some extent on the dangers of central banking and inflationary monetary policy. A new generation of activists for liberty came of age during the Ron Paul campaigns and obtained valuable experience and a platform for advocating meaningful policy changes. While Ron Paul was not the sole influence on the recent decisions in many states to completely decriminalize marijuana, the 2015 legalization of same-sex marriage in the United States, and the United States’ avoidance of war with both Russia and Iran, he certainly helped sway the political climate in the direction of these victories for liberty. The Republicans lost both the 2008 and 2012 Presidential Elections, and deserved to lose, in part because the Republican Party establishment deliberately sidelined Ron Paul and rigged the rules against him. Meanwhile, Ron Paul ended up a longer-term winner – an intellectual inspiration to a growing segment of the American population, many of whom continue to deeply respect his example and unwavering integrity.

Zoltan Istvan is venturing even further in the direction of politics-as-education, completely discarding the damaging notion of politics-as-horse-race. Instead of throwing much of his effort into the task of winning the election – which often requires duplicitous rhetoric, creation of a fake persona, and appeals to the lowest common denominator, hardly recipes for true progress – Istvan holds nothing back in expressing what he actually thinks about the desired directions for politics and government. In particular, he emphasizes issues that other candidates systematically avoid – such as the implications of human genetic modification or the possibilities of radical life extension in the coming decades. By prominently communicating that these technologies are not mere science fiction but proximate opportunities, Istvan may persuade large numbers of people to press for the removal of political and other institutional barriers to these technologies’ development and dissemination. Public awareness of possibilities for tremendous technological improvement may result in a greater groundswell of advocacy for the “Six Libertarian Reforms to Accelerate Life Extension” that I outlined in 2013. Zoltan Istvan is, furthermore, an ardent champion of taking resources away from offensive inter-human wars, which needlessly destroy many innocent lives, and instead devoting those resources to technological innovation – so that we can stand a chance of winning the real war that we should be fighting against the forces of ruin. Even this alone – giving the world a few decades of breathing room from organized slaughter staged by national governments – would have a colossal, salutary effect on progress and human well-being.

4. The most vital political change will be achieved by visionaries on the fringes, who do not care about the winds of popular opinion. Mainstream politicians – particularly officeholders who seek reelection – are most often lagging, rather than leading, indicators of societal change. In order to keep the favor of their constituents, politicians need to either respond to ever-shifting public opinion or to create the illusion of doing so (a more common course of action in the increasingly oligarchic American political system). For good or for ill, third parties have most often been the originators of policy proposals that were eventually adopted by a future political establishment. To successfully advocate principled positions – such as the maximization of individual liberty and the elimination of political barriers to life-extension research and treatments – does not require holding political office, but it does require visibly persuading many people – both ordinary voters and elites – that these positions are correct. Those politicians who mostly care about remaining in office will never drive these changes themselves, but they might find themselves impelled to jump on the bandwagon if enough support accumulates. I hope that, because of what Zoltan Istvan is doing today, major party platforms in the 2020s and 2030s will include at least some favorable mentions of life-extending medical research, if not calls for the removal of legacy institutional barriers to the acceleration of such research.

Because of the first-time Transhumanist political presence, the 2016 US Presidential election will be unlike any other. This time, especially given the completely unpalatable candidates from both the Republican and Democratic Parties, it is time to try a radically different approach. Jettisoning the conventional aims of electoral politics and turning it instead into a peaceful, honest, innovative, and spectacular educational campaign for techno-optimism and longevity, is a promising approach that could bear fruit for advocates of liberty, even many years and decades into the future.

This essay may be freely reproduced using the Creative Commons Attribution Share-Alike International 4.0 License, which requires that credit be given to the author, G. Stolyarov II. Find out about Mr. Stolyarov here.

All Food Is Genetically Modified. Now We’re Just Better at It. – Article by Chelsea Follett

All Food Is Genetically Modified. Now We’re Just Better at It. – Article by Chelsea Follett

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The New Renaissance Hat
Chelsea Follett
September 11, 2015
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There is huge potential for progress in biotech.

A recent article in Business Insider showing what the ancestors of modern fruits and vegetables looked like painted a bleak picture. A carrot was indistinguishable from any skinny brown root yanked up from the earth at random. Corn looked nearly as thin and insubstantial as a blade of grass. Peaches were once tiny berries with more pit than flesh. Bananas were the least recognizable of all, lacking the best features associated with their modern counterparts: the convenient peel and the seedless interior. How did these barely edible plants transform into the appetizing fruits and vegetables we know today? The answer is human ingenuity and millennia of genetic modification.

Carrot_Comparison(Photo Credit: Genetic Literacy Project and Shutterstock via Business Insider).

Humanity is continuously innovating to produce more food with less land, less water, and fewer emissions. As a result, food is not only more plentiful, but it is also coming down in price.

Tech_Food_Cheaper

The pace of technological advancement can be, if you will pardon the pun, difficult to digest. Lab-grown meat created without the need to kill an animal is already a reality. The first lab-grown burger debuted in 2013, costing over $300,000, but the price of a lab-grown burger patty has since plummeted, and the innovation’s creator “expects to be able to produce the patties on a large enough scale to sell them for under $10 a piece in a matter of five years.”

People who eschew meat are a growing demographic, and lab-grown meat is great news for those who avoid meat solely for ethical reasons. It currently takes more land, energy, and water to produce a pound of beef than it does to produce equivalent calories in the form of chickens, but also grains. So, cultured meat could also lead to huge gains in food production efficiency.

Another beautiful example of human progress in the realm of food is golden rice. The World Health Organization estimates that between 250,000 and 500,000 children become blind every year as a result of vitamin A deficiency, and about half of them die within a year of losing their sight. Golden rice, largely a brainchild of the private Rockefeller Foundation, is genetically engineered to produce beta carotene, which the human body can convert into vitamin A. Golden rice holds the potential to protect hundreds of thousands of children in the developing world from vitamin A deficiency, preserving their sight and, in many cases, saving their lives.

Humans have been modifying food for millennia, and today we’re modifying it in many exciting ways, from cultured meat to golden rice. Sadly, it has become fashionable to fear modern genetically-modified organisms (GMOs), even though scientists overwhelmingly agree that GMOs are safe.

Anti-GMO hysteria motivated the popular restaurant chain Chipotle to proclaim itself “GMO-free” earlier this year (a dubious claim), prompted a political movement calling for the labeling of GM foods (a needless regulation implying to consumers that GMOs are hazardous), and even fueled opposition to golden rice. HumanProgress.org advisory board member Matt Ridley summarized the problem in his recent Wall Street Journal op-ed:

After 20 years and billions of meals, there is still no evidence that [GMOs] harm human health, and ample evidence of their environmental and humanitarian benefits. Vitamin-enhanced GM “golden rice” has been ready to save lives for years, but opposed at every step by Greenpeace. Bangladeshi eggplant growers spray their crops with insecticides up to 140 times in a season, risking their own health, because the insect-resistant GMO version of the plant is fiercely opposed by environmentalists. Opposition to GMOs has certainly cost lives.

Besides, what did GMOs replace? Before transgenic crop improvement was invented, the main way to breed new varieties was “mutation breeding”: to scramble a plant’s DNA randomly, using gamma rays or chemical mutagens, in the hope that some of the monsters thus produced would have better yields or novel characteristics. Golden Promise barley, for example, a favorite of organic brewers, was produced this way. This method still faces no special regulation, whereas precise transfer of single well known genes, which could not possibly be less safe, does.

Fortunately, while regulations motivated by anti-GMO sentiment may slow down progress, they probably cannot do so indefinitely. For those who wish to avoid modern GM foods, the market will always provide more traditional alternatives, and for the rest of us, human ingenuity will likely continue to increase agricultural efficiency and improve food in ways we cannot even imagine. Learn more about the progress we have already made by visiting HumanProgress.org and selecting the “Food” category under “Browse Data.”

Chelsea Follett (Chelsea German) works at the Cato Institute as a Researcher and Managing Editor of HumanProgress.org.
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Don’t Assume I’m Smarter Than My Contractor – Article by Kevin Currie-Knight

Don’t Assume I’m Smarter Than My Contractor – Article by Kevin Currie-Knight

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The New Renaissance Hat
Kevin Currie-Knight
September 11, 2015
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“So, I figured I’d ask you,” said my contractor. “You’re a lot smarter than me and—”

That’s when I stopped him.

Tom knows I am a college professor, and he wanted to ask my advice on his daughter’s education. He’s an ex-Marine who never went to college. It makes sense to ask an educator for advice about education, but why does that make me smarter?

I thought about all the times I’ve asked Tom’s advice about the house we are renovating, and about all the times he answered with a tone that implied, “Well, obviously you should…”

“Tom,” I said, “I wouldn’t say I’m smarter than you. It depends on the topic.”

He smiled politely and moved on to his question.

But even if he dismissed my objection as perfunctory, I can’t let it go. Why does our culture trivialize nonacademic intelligence and knowledge?

I think the existing structure of schooling plays a big part.

Fantasy Football

Let me tell another story, this one from my days as a high school special educator. I was teaching a study-skills class to students with learning disabilities. Partly, this course provided students extra time on assignments for other classes. One day, I sent two students to the library to work on a written project assigned for another course. About 10 minutes later, I received a call from the school librarian.

“You should come up here and get these kids, because they are off task and disturbing others!”

When I got to the library, I didn’t want to confront my students immediately. I wanted to see how, exactly, they were being disruptive.

What were they doing? Adjusting their fantasy football rosters.

As anyone who’s really played fantasy football knows, adjusting your weekly roster involves contemplating a lot of statistics: What are this player’s chances against this team? How does this team do against this type of running back?

That’s what my students were doing in the library: arguing over statistics. Not bad for kids considered learning disabled in subjects like math.

Like a good teacher, I interrupted their passionate dispute and instructed them to come back to the room, where they could get going on the more important work of writing an academic paper.

Whether we mean to or not, we constantly reinforce the message that only the stuff kids are taught in school counts as serious learning. Extracurriculars are fine, but what really counts is in their textbooks and homework.

We send them to school precisely because we believe that’s where they’ll be taught the most important subjects. We grade them on those things, and in many ways we measure their worth (at least while they’re in school) by how well they do on tests and school assignments.

Deschooling America

I’m certainly not the first person to notice this. Education theorist John Holt wrote about it in his frankly titled essay “School Is Bad for Children”:

Oh, we make a lot of nice noises in school about respect for the child and individual differences, and the like. But our acts, as opposed to our talk, says to the child, “Your experience, your concerns, your curiosities, your needs, what you know, what you want, what you wonder about, what you hope for, what you fear, what you like and dislike, what you are good at or not so good at — all this is of not the slightest importance, it counts for nothing.”

Ivan Illich made a similar point in Deschooling Society. Illich suggests that schooling makes us dependent on institutions for learning by convincing us that what we learn in school is important and what we learn outside is not.

Likewise, in Shop Class as Soulcraft, philosopher and auto mechanic Matthew Crawford bemoans the dichotomy we set up in our schools and society between knowing and doing. Schools are increasingly cancelling programs like shop class to make way for more knowing and less doing. Crawford points out that this drastically underestimates the crucial role of thinking in manual labor.

If you are still in doubt, think about this: earlier, I talked about learning disabilities. According to the Diagnostic and Statistical Manual of Mental Disorders (DSM), learning disabilities can only exist in academic subjects like reading and math. If you are bad at playing music or drawing, you are not learning disabled — just bad at music or art.

There may be good reason we leave teaching biology to the schools and teaching how to care of a car to the home (or to “extracurricular” apprenticeships). There may be good reason we teach algebra in the schools but not the statistical analysis needed to adjust a fantasy football roster. But the standard segregation of subjects sends the message that what is learned in school must be more important. We send you to a special building to learn it, we grade you on your ability to learn it, and we socially judge much of your worth by your success at it.

Almost by reflex, we ask kids, “What did you learn in school today?,” not, “What did you learn today?” The existence of school has conditioned us to regard what happens there as important, while we relegate what happens outside of school to the dust heap of “extracurriculars.”

So, no, Tom, I am not smarter than you; we’re both pretty smart. It’s just that our school-influenced culture wrongly tells us that what I do is more cerebral and therefore requires more intelligence than what you do. And that’s a bad assumption.

Kevin Currie-Knight teaches in East Carolina University’s Department of Special Education, Foundations, and Research.

This article was originally 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.

3 Stock-Market Tips from an Economist – Article by Robert P. Murphy

3 Stock-Market Tips from an Economist – Article by Robert P. Murphy

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The New Renaissance Hat
Robert P. Murphy
September 11, 2015
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Recent volatility has Americans talking about the stock market — and getting a lot of things wrong in the process. Let’s discuss some general principles to help clear things up.

(Let me say up front that I won’t be disclosing which stocks are going to go up next month. Even if I knew, it would ruin my advantage to tell everybody.)

1. Money doesn’t go “into” or “out of” the stock market in the way most people think.

On NPR’s Marketplace, after the recent big selloff, host Kai Ryssdal said, “That money has to go somewhere, right?”

This language is misleading. Let me illustrate with a simple example.

Suppose there are 100 people who each own 1,000 shares of ABC stock. Currently, ABC has a share price of $5. Thus, the community collectively owns $500,000 worth of ABC stock. Further, suppose that each person has $200 in a checking account at the local bank. Thus, the community owns $20,000 worth of checking account balances at the bank.

Now, Alice decides she wants to increase her holdings of cash and reduce her holdings of ABC stock. So she sells a single share to Bob, who buys it for $4. There is no other market action.

In this scenario, when the share price drops from $5 to $4, the community suddenly owns only $400,000 worth of ABC stock. And yet, there is no flow of $100,000 someplace else — certainly not into the local bank. It still has exactly $20,000 in various checking accounts. All that happened is Alice’s account went up by $4 while Bob’s went down by $4.

2. Simple strategies can’t be guaranteed to make money.

Suppose your brother-in-law says: “I’ve got a great stock tip! I found this company, Acme, that makes fireworks. Let’s wait until the end of June, and then load up on as many shares as we can. Once the company reports its sales for July, we’ll make a fortune because of the holiday numbers.”

Clearly, your brother-in-law would be speaking foolishness. Just about everybody knows that fireworks companies do a lot of business around July 4, and so the price of Acme stock in late June would already reflect that obvious information.

More generally, the different versions of the efficient market hypothesis (EMH) claim — with varying degrees of strength — that an investor can’t “beat the market” without access to private information. The reason is that any publicly available information is already incorporated into the current stock price.

Not all economists agree with the EMH, especially the stronger versions of it. If two investors have different theories of how the economy works, then to them, the same “information” regarding Federal Reserve intentions may imply different forecasts, leading one to feel bullish while the other is bearish. Yet, even this discussion shows that it can’t be obvious that a stock price will move in a certain direction. If it were, then the first traders to notice the mispricing would pounce, arbitraging the discrepancy into oblivion.

3. An investor’s “track record” can be misleading because of risk and luck.

Suppose hedge fund A earns 10 percent three years in a row, while hedge fund Bearns only 4 percent those same three years in a row. Can we conclude that fundA’s management is more competent?

No, not unless we get more information. It could be that fund A is highly leveraged (meaning that it borrowed money and used it to buy assets), while fund B invests only the owners’ equity. Even if A and B have the same portfolios, A will outperform so long as the portfolio has a positive return.

However, in this scenario, fund A has taken on more risk. If the assets in the portfolio happen to go down in market value, then fund A loses a bigger proportion of its capital than fund B.

More generally, a fund manager could have a great year simply because of (what we consider to be) dumb luck. For example, suppose there are 500 different fund managers, and each picks a single stock from the S&P 500 to exclude from their portfolio; they own appropriately weighted amounts of the remaining 499 stocks. Further, suppose that each manager picks his pariah company by throwing a dart at the stock listing taped to his conference room wall.

If the dart throws are random over the possible stocks, then we expect one manager to exclude the worst-performing stock, another to exclude the second worst-performing stock, and so on. In any event, we can be very confident that of the 500 fund managers, at least many dozens of them will beat the S&P 500 with their own truncated version of it, and the same number will underperform it.

Would we conclude that the managers with excess returns were more skilled at analyzing companies, or had better money-management protocols in place at their firms? Of course not. In this example, they just got lucky. What relevance our hypothetical scenario has for the real world of investments is not as clear, but the tale at least demonstrates that past performance alone does not necessarily indicate skill or predict future performance.

Studying economics won’t show you how to become rich, but it will spare you from making a fool of yourself at the next cocktail party.

Robert P. Murphy has a PhD in economics from NYU. He is the author of The Politically Incorrect Guide to Capitalism, The Politically Incorrect Guide to The Great Depression and the New Deal, and  Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015).

This article was originally 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.

Has Donald Trump Unleashed the Neo-Nazis? – Article by Jeffrey A. Tucker

Has Donald Trump Unleashed the Neo-Nazis? – Article by Jeffrey A. Tucker

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The New Renaissance HatJeffrey A. Tucker
September 8, 2015
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Donald Trump went from clown to contender in a mere 30 days. He is now polling in at 30% among Republicans, a 12-point spread from Ben Carson who is #2. Trump still loses next to Hillary by 2 points, but her nomination is not secure.

A race of Sanders vs. Trump would be quite the sight, straight out of the 1930s. It’s the Reds vs. the Browns all over again. My own sense is that the Browns could win this. Then we have a serious problem. As much as we loathe the establishment, it could be worse.

It’s time libertarians get serious about realizing that there exists such a thing as Brown-shirted socialism. It masquerades as patriotism. It seeks national greatness. It celebrates the majority race and dehumanizes the other. It is violently protectionist. On cultural matters, it is anti-leftist (“politically incorrect”). It is unapologetically authoritarian.

Even given all this, we are mostly mystified by it. It doesn’t strike us as a coherent ideology. It seems like a string of bad policy ideas (and some not terrible ones too) rather than a real political tradition. This is because we, as libertarians, are well-schooled to fear the socialist left but have little preparation to understand the threat from the other side.

Events of the last weeks should heighten our consciousness. There really is a brown-shirt movement in the U.S. It’s been building for many years. They have their organizations, books, websites, and splits within splits. The neo-Nazis are the most extreme variant. But fascism has many other types of expression, each reflecting a special interest, but each of them leading to a special kind of authoritarianism.

That the neo-Nazis support Trump is an established fact. Notorious racist, anti-semite, and unapologetic former KKK grand dragon David Duke has endorsed Donald Trump for president. So has the mega-popular website Stormfront.org, with its overtly neo-Nazi editorial outlook.

The American Nazi Party (yes, there is such a thing, as founded by George Lincoln Rockwell) is also all-in with support: “He tells it as the majority of the population FEELS, and he’s far ahead in the polls because of it.”

When Trump was asked about all of this, his response was that he didn’t know about it, but that this is not surprising since “everyone likes me.” He said he would be happy to repudiate their support “if that would make you feel better.”

Is this just the leftwing media looking for any excuse to smear a great American? Many of his supporters think so. And this is because the American left has been traditionally reckless about flinging the labels racist and anti-semite (and so on) against anyone with whom they disagree. However, let’s remember that just because the boy cries wolf constantly doesn’t mean that wolves do not exist.

Some people say that this supposed neo-Nazi/racist/nativist group is tiny and irrelevant? That’s what I used to think.

Until recently. I was a critic of Trump early on, for his trade and immigration views. I wrote an article that ended up in Newsweek.

Then I became a target. My social feed blew up with scum of the earth suddenly taking me on as their enemy. I was the target of the most vicious hate campaign I’ve ever experienced. I wish this on no one.

In the course of two weeks, blocking accounts of neo-Nazis and their affiliated friends became a part-time job. I now know more than I ever wanted to know about a movement that is actually large and growing right in the United States. You can call it extreme right if you want to, but its views on politics are not that different in substance from the extreme left. They have different styles but they are both authoritarian to the core, lustful for power to achieve their own aims.

As regards the right-wing authoritarians, Trump is their savior.

Here is a typical example. A Twitter account (“Seth Rubenstienberg”) features a Nazi-era caricature of a Jew. It posts incendiary posts such as this one: “if whites ever manage to get another ethno-state in the future, women’s bodies should be regulated. None of this my choice bullshit.”

The account has only 216 followers. That does not sound like much. But I’ve banned at least 50 such accounts. Multiply that account by 1,000 times and you have something serious going on. And when all these people are tweeting at you at once, it can be overwhelming.

It’s been true with Facebook too. The neo-Nazis came crawling out of their holes in the ground to denounce me as an enemy of the race, a self-hating white, a “cuckservative” (their favorite term for their enemies), and so on.

They having been posting on my wall incessantly. Many of their accounts celebrate other movements with only one degree of separation from the real deal. Instead of announcing themselves as neo-Nazis, they choose other causes: white nationalism, protectionism, anti-immigration, men’s rights, the hope for theocracy, and so on.

But for me, it’s become so inevitable as to become boring. I’ve learned to smell these people a mile away. You dig a bit and you land right where we started: straight-out hate rooted in Nazi ideology.

I’ve banned one FB account every few hours for weeks now — truly offensive material.

On the one hand, it is a credit to American democracy that we have such free speech, and I would oppose any government shutdowns of such accounts and sites. The worst mistake anyone could ever make in opposition to brown-shirted politics is to shut them down by force. That only reinforces their deluded perceptions that they have hit on a fundamental truth, and are being persecuted for it.

But free speech reigns on social media, and it’s given me an education about the existence — and the danger — of this movement that I once supposed was an invention of the “liberal media.”

Here is the question I keep asking myself. I’ve been on social media for a long time. Why is this just now happening? The answer is Trump. His free-wheeling style and open attacks on immigrants and foreigners, and hard-core promotion of trade isolationism, has emboldened them as never before.

As for how important they are, consider that the most popular neo-Nazi website, The Daily Stormer, has a higher traffic ranking than the Cato Institute or Heritage Foundation. These people are not irrelevant. They are real and growing.

Why should I care? I’m a devoted follower of the economist Ludwig von Mises (1881-1973), a genius and a Jew. He was driven out of his home in Austria because of the rise of Hitler. And why did Hitler rise? Because a population was fed up with the corrupt political system and a failing economic structure — a situation not unlike our own.

Mises was a dedicated opponent of the socialist left. His first major book on political theory (1922) took them on. But, little more than a decade later, it was not the red shirts that ruined his life. It was the brownshirts who are socialists of a type but use race hatred, misogyny, nativism, and the hope for religious and political domination as a means of control. They drove him from his home and stole his money and books. He barely escaped death.

Are we seeing the rise of a fascist movement in the U.S., and has Trump unleashed them? Is this our Road to Serfdom? Judging from Trump’s rise, and what I’ve experienced in the last week, there is no basis for pretending otherwise.

Jeffrey Tucker is Chief Liberty Officer of Liberty.me (http://liberty.me/join), a subscription-based, action-focused social and publishing platform for the liberty minded. He is also distinguished fellow Foundation for Economic Education (http://fee.org), executive editor of Laissez-Faire Books, research fellow Acton Institute, founder CryptoCurrency Conference, and author six books. He is available for speaking and interviews via tucker@liberty.me.

The Real Refugee Problem – And How To Solve It – Article by Ron Paul

The Real Refugee Problem – And How To Solve It – Article by Ron Paul

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The New Renaissance HatRon Paul
September 7, 2015
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Last week Europe saw one of its worst crises in decades. Tens of thousands of migrants entered the European Union via Hungary, demanding passage to their hoped-for final destination, Germany.

While the media focuses on the human tragedy of so many people uprooted and traveling in dangerous circumstances, there is very little attention given to the events that led them to leave their countries. Certainly we all feel for the displaced people, especially the children, but let’s not forget that this is a man-made crisis and it is a government-made crisis.

The reason so many are fleeing places like Syria, Libya, Afghanistan, and Iraq is that US and European interventionist foreign policy has left these countries destabilized with no hopes of economic recovery. This mass migration from the Middle East and beyond is a direct result of the neocon foreign policy of regime change, invasion, and pushing “democracy” at the barrel of a gun.

Even when they successfully change the regime, as in Iraq, what is left behind is an almost uninhabitable country. It reminds me of the saying attributed to a US major in the Vietnam War, discussing the bombing of Ben Tre: “It became necessary to destroy the town in order to save it.”

The Europeans share a good deal of blame as well. France and the UK were enthusiastic supporters of the attack on Libya and they were early backers of the “Assad must go” policy. Assad may not be a nice guy, but the forces that have been unleashed to overthrow him seem to be much worse and far more dangerous. No wonder people are so desperate to leave Syria.

Most of us have seen the heartbreaking photo of the young Syrian boy lying drowned on a Turkish beach. While the interventionists are exploiting this tragedy to call for direct US attacks on the Syrian government, in fact the little boy was from a Kurdish family fleeing ISIS in Kobane. And as we know there was no ISIS in either Iraq or Syria before the 2003 US invasion of Iraq.

As often happens when there is blowback from bad foreign policy, the same people who created the problem think they have a right to tell us how to fix it – while never admitting their fault in the first place.

Thus we see the disgraced General David Petraeus in the news last week offering his solution to the problem in Syria: make an alliance with al-Qaeda against ISIS! Petraeus was head of the CIA when the US launched its covert regime-change policy in Syria, and he was in charge of the “surge” in Iraq that contributed to the creation of al-Qaeda and ISIS in Iraq and Syria. The idea that the US can salvage its disastrous Syria policy by making an alliance with al-Qaeda is horrific. Does anyone think the refugee problem in Syria will not be worse if either al-Qaeda or ISIS takes over the country?

Here is the real solution to the refugee problem: stop meddling in the affairs of other countries. Embrace the prosperity that comes with a peaceful foreign policy, not the poverty that goes with running an empire. End the Empire!

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.

Blame the Federal Reserve, Not China, for Stock-Market Crash – Article by Ron Paul

Blame the Federal Reserve, Not China, for Stock-Market Crash – Article by Ron Paul

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The New Renaissance HatRon Paul
September 6, 2015
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Following the historic stock-market downturn two weeks ago, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose “solutions” to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions.

Many blamed the crash on China’s recent currency devaluation. It is true that the crash was caused by a flawed monetary policy. However, the fault lies not with China’s central bank but with the US Federal Reserve. The Federal Reserve’s inflationary policies distort the economy, creating bubbles, which in turn create a booming stock market and the illusion of widespread prosperity. Inevitably, the bubble bursts, the market crashes, and the economy sinks into a recession.

An increasing number of politicians have acknowledged the flaws in our monetary system. Unfortunately, some members of Congress think the solution is to force the Fed to follow a “rules-based” monetary policy. Forcing the Fed to “follow a rule” does not change the fact that giving a secretive central bank the power to set interest rates is a recipe for economic chaos. Interest rates are the price of money, and, like all prices, they should be set by the market, not by a central bank and certainly not by Congress.

Instead of trying to “fix” the Federal Reserve, Congress should start restoring a free-market monetary system. The first step is to pass the Audit the Fed legislation so the people can finally learn the full truth about the Fed. Congress should also pass legislation ensuring individuals can use alternative currencies free of federal-government harassment.

When bubbles burst and recessions hit, Congress and the Federal Reserve should refrain from trying to “stimulate” the economy via increased spending, corporate bailouts, and inflation. The only way the economy will ever fully recover is if Congress and the Fed allow the recession to run its course.

Of course, Congress and the Fed are unlikely to “just stand there” if the economy further deteriorates. There have already been reports that the Fed will use last week’s crash as an excuse to once again delay raising interest rates. Increased spending and money creation may temporally boost the economy, but eventually they will lead to a collapse in the dollar’s value and an economic crisis more severe than the Great Depression.

Ironically, considering how popular China-bashing has become, China’s large purchase of US Treasury notes has helped the US postpone the day of reckoning. The main reason countries like China are eager to help finance our debt is the dollar’s world reserve currency status. However, there are signs that concerns over the US government’s fiscal irresponsibility and resentment of our foreign policy will cause another currency (or currencies) to replace the dollar as the world reserve currency. If this occurs, the US will face a major dollar crisis.

Congress will not adopt sensible economic policies until the people demand it. Unfortunately, while an ever-increasing number of Americans are embracing Austrian economics, too many Americans still believe they must sacrifice their liberties in order to obtain economic and personal security. This is why many are embracing a charismatic crony capitalist who is peddling a snake oil composed of protectionism, nationalism, and authoritarianism.

Eventually the United States will have to abandon the warfare state, the welfare state, and the fiat money system that fuels leviathan’s growth. Hopefully the change will happen because the ideas of liberty have triumphed, not because a major economic crisis leaves the US government with no other choice.

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.

Third Interview of Gennady Stolyarov II and Wendy Stolyarov by Roen Horn of the Eternal Life Fan Club – May 2, 2015

Third Interview of Gennady Stolyarov II and Wendy Stolyarov by Roen Horn of the Eternal Life Fan Club – May 2, 2015

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The New Renaissance Hat
G. Stolyarov II and Wendy Stolyarov
September 6, 2015
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ELFC_DIW_Third_InterviewNote by Mr. Stolyarov: On May 2, 2015, a hot spring day in Roseville, California, Wendy Stolyarov and I visited Roen Horn of the Eternal Life Fan Club and had a lengthy discussion with him on a wide variety of subjects: life extension, our illustrated children’s book Death is Wrong, healthcare policy, criminal punishment, and the political prospects of the Transhumanist Party and third parties in general. This was Roen’s third interview with us (watch the first and second interviews as well), and his skillfully edited recording offers a glimpse into its best segments. This conversation occurred approximately four months before Wendy and I took the step to found the Nevada Transhumanist Party, but my comments in this interview are a good example of the evolution of my thinking in this direction, as I was already inclined toward endorsing Zoltan Istvan’s 2016 Presidential run.

Watch the interview here.

Join the Nevada Transhumanist Party here.