Filed under: Bureaucracy, Capitalism, Domestic Policy, Economics, Economy, Free Markets, Freedom, Politics, The Constitution | Tags: An Economic History, An Empire of Wealth, John Steele Gordon
I frequently say that Leftists don’t understand the free market — that’s why they are Leftists.
Kathy Shaidle remarked a while back: “None of this should surprise anyone. Contrary to what they tell you (and tell you and tell you) Progressives don’t have principles. Rather they have faddish opinions that are highly unstable and often contradictory.”
Here’s John Steele Gordon from An Empire of Wealth:
The willingness to accept present discomfort and risk for the hope of future riches that so characterized these immigrants and the millions who would follow over the next two centuries has had a profound and immeasurable effect on the history of the American economy. Just as those who saw no conflict between worshiping God and seeking earthly success in the seventeenth century, those who sought economic independence in the eighteenth had a powerful impact on the emerging American culture.
And this:
People with an economic advantage, however “unfair” that advantage may be, will always fight politicians as hard as they can to maintain it. Whether the advantage is the right to another person’s labor, or an unneeded tariff protection, or an exemption from taxation makes no difference. And because the advantage for the few is specific and considerable while the cost to the disadvantaged many is often hidden and small, the few regularly prevail over the many in such political contests.
and one more:
Masterpieces created by a committee are notably few in number, but the United States Constitution is certainly one of them. Amended only twenty-seven times in 215 years, it came into being just as the world was about to undergo the most profound – and continuing– period of economic change the human race has known. The locus of power in the American economy had shifted from sector to sector as that economy has developed. Whole sections of the country have risen and fallen in economic importance. New methods of doing business and economic institutions undreamed of by the Founding Fathers have come into existence in that time, while others have vanished. Fortunes beyond the imagination of anyone living in the pre-industrial world have been built and destroyed. And yet the Constitution endures and the country continues to flourish under it.
Filed under: Bureaucracy, Scotland | Tags: April 16 1746, English Redcoats, Highland Scots
16th of April, 1746: The Battle of Culloden Moor
The last great charge of the Highland clansmen—cut down by the volleys of the Redcoat English and Lowland Scots. The life of the clans was suppressed forever. Gaelic proscribed. Native dress (kilts and plaid) forbidden, organization banned, leaders banished.
Clearances allowed Loyalist landowners to expel the inhabitants and replace them with sheep. The result was an uninhabited Highlands which thrills tourists today and leaves more Scots in the United States than in Scotland.
The clearances combined with the two centuries old enclosure movement drove the small holders from the land in Britain and the purges deprived England of the small farmers that might have dissipated the rigid class system.
The Black Death was an amalgam of 3 diseases: bubonic plague, septicemic plague, pulmonary plague. The first two came from fleas carried by the black rat. The third was an airborne variant.
Cautious estimates suggest that 1/3 of the population of Europe perished. 1.4 million to 2 million in England, 8 million in France, 30 million in Europe as a whole. It was a decisive point in the decline of the European feudal system. By 1230 the English population was 6 million. Not until mid-18th century did the population reach this number again.as
Filed under: Politics
The rottenest bits of these islands of ours
We’ve left in the hands of three unfriendly powers
Examine your Irishman, Welshman or Scot
You’ll find he’s a stinker as likely as notThe English the English the English are best
I wouldn’t give tuppence for all of the restThe Scotsman is mean as we’re all well aware
And bony and blotchy and covered with hair’
He eats salty porridge, he works all the day
And he hasn’t got Bishops to show him the way.The English are noble, the English are nice
And worth any other at double the priceAnd crossing the Channel one cannot say much
For the French or the Spanish the Danish or Dutch
The Germans are German, the Russians are Red,
And the Greeks and Italians eat garlic in bedThe English are moral, the English are good
And clever and modest and misunderstood
Filed under: History, News, Science/Technology | Tags: Age of the Earth, Modern Times, Things You Didn't Know
Between the late 18th Century and the mid 20th Century, the known age of the earth increased a millionfold, from less than 6,000 years to more than 4.6 billion.