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Chesterton's fence. We do know why the "fences" of US institutions were put up (to govern an agrarian slave-society), so I would formulate it as such: We shouldn't take down a "fence" unless we not only know why it was put up, but the functions it currently serves. 10/10pic.twitter.com/GyOnq7rs4X
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On one reading, this is the most explicitly pro-market statement I've ever seen in any major religion's sacred texts. The forces of supply and demand are real and sacred, the coordination function of prices is inviolable, and one who leaves the market alone does no injustice.pic.twitter.com/q3HE30rb4q
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On
@jtlevy's thesis that liberalism contains both a pluralist and a rationalist strand, I really can't recommend this lecture of his highly enough. Not only is the thesis well explained and convincingly presented, he's truly a first-rate orator:https://youtu.be/K2YQUdRcVr4Prikaži ovu nit -
To those who want to blame the developing world for climate change. And these images don't even take into account the historic disparities between the developed and undeveloped world in emissions whilst the former were industrialising and the latter were prevented from it.pic.twitter.com/EVSPeyOvVW
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For someone who has the virtues of markets as one of the pillars of their worldview, the appeal is obvious. Over time she might have seen that their commitment to markets was phony, and/or based on wrong laissez-faire ideas, and/or incompatible with her egalitarianism. 8/pic.twitter.com/xNnI6iq4qs
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The difference between socialism and social democracy? Hedonismpic.twitter.com/O0061cunyz
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One important takeaway of this brilliant pic: much of what we deem to be "natural" impediments are in fact social, in that society can be redesigned such those differences between people no longer produce any inequality in the first place (rather than needing to be corrected for)pic.twitter.com/pUz1WI0kwD
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He sees you when you're sleeping
He knows when you're awake
He's going to take from the rich and give to the needy
So be generous for goodness sake!
Santaaaa Corbyn is coming to town
Santaaaa Corbyn is coming to town
pic.twitter.com/6TPKZ8tMhn
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resources more effectively, or by innovating, etc. My self-interest is tied to making things better for other people. (See the quote below.) On a larger level, we have coordination in the form of price signals by which we couldn't coordinate otherwise, and we get optimum 2/4pic.twitter.com/Xt248CI4mB
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Sir John Davies, Attorney-General for Ireland, responsible for introducing the English common law to Ireland after the Tudor Conquest, in 1612:pic.twitter.com/UyLEVwlNpZ
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