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Philosophy

A Libertarian Thought on Individualism and African Morality

By: Ibrahim B Anoba

The individual in African philosophy mostly existed as a reflection of his community. He was seen as a product of his tribe less than he was an independent being. His birth and death were to satisfy the wishes of the gods on earth. Like many tribes in Africa, several cultures according to history put the individual as a unique creation with the purpose of happiness and self-realization.

In traditional Africa, it was best that the individual remained a social being. This view of man as a societal element primarily applied to his identification as a member of a united community in pursuant of collective prosperity with regards for his individual happiness. However, the expansion of groups during territorial wars and migration, increased community populations while conflict of interests among groups and individuals led to the gradual disassociation from the usual collective interest.

Hence, the idea of the individual as a communal element decreased as societies became bigger. During the hunting and gathering when community populations were very small, it was easy to commit everyone to a unified goal even as few members harbored personal interests. However, as people integrated and population augmented, the individual began to isolate itself because of the geometric increase in interests of new members against the collective. In some cases, people left their villages in pursuant of personal goals. Even, members of ruling families deserted their clans due to conflict of interest with their kin only to establish new territories later, and the conflict of interest continued to repeat itself prompting the definite decrease of collectivism.

Although, some African societies like the Xhosa and the Zulu emphasized the ideals of mutuality and community before the individual, there still existed self-interest. Classical liberals argued for a system that observes the society in light of its distinct members, for a society has no existence beyond the individuals that comprises it, while it is in itself a composition of different interests (Butler 2013). And the socio-economic consciousness of the society is the summary of individual consciousness. Friedrich Hayek puts it clear when he explained that the “associations within civil society exists for specific end while the civil society has no purpose; it is the undersigned, spontaneous emerging result of all those purposive associations” (Hayek 1988).

Despite this similarity in purpose, contentions still exist between the two folds on grounds of economic and social morality among Africans. On the economic fold, classical liberals outrightly argued for a free market economy chiefly run by individual choices and price, and this was a position common in most economies in traditional Africa. Markets were open and less regulated. In centralized communities such as the Buganda (Uganda), Hausa/Fulani (Nigeria) Akan (Ghana) and the Zulu (South Africa), there were large and open markets such that it attracted participation from communities hundreds of miles away. Trade ensued among communities in their specialized industries with limited or no restrictions, and one can safely deduce elements of David Ricardo‟s Comparative Advantage Theory – a cardinal in classical liberalism – existed in these communities even before it was theoretically developed in Europe.

One similar end to both African humanism and classical liberalism is in their emphasis on peace, progress and respect for human dignity through moral justifications. Though, the interpretation of these morals and their justifications is what differs. In traditional Africa, morality was whatever standard the community agreed to guide general conduct. To classical liberals, it is the respect for individual interests and choices, and both existed as the holding force for societal consciousness. In the former, values inherited through generations like equity and justice ensured a fair use of power and obedience to law to avoid conflicts among members and communities. Similarly, in the later, writers like Ludwig von Mises, Adam Smith and Jean-Baptiste Say stressed the anti-imperialist and anti-warfare stance of classical liberalism.

They saw economic liberty of communities in a fair market system as a way to avoid wars and foster peace. In other words, traditional Africans percept morality as only attainable through inherited values, while classical liberals saw it in form of the peaceful decisions of individuals. Another misconception is the purported rejection of the principle of cooperation by classical liberals, which is in fact emphasized in their advocacy. The critics argued that market competition will eventually lead to unfair distribution of wealth and that African states were not ready for such experiment.

Conversely, classical liberals saw cooperation as important as competition is to the economy. American libertarian writer David Boaz explained that both “cooperation and competition are essential elements of the simple system of natural liberty, and most humans cooperate with one another than they do competing” (Boaz 2015).

In reality, cooperation is bound to ensue in a free-market economy because individuals cannot provide all their needs themselves and they must interact with others that can provide them in a mutually fair exchange. Then, the cycle goes round to build a system dependent on fair cooperation. Education, transportation, technology, entertainment and especially food are variables too complex in contemporary societies for an individual to produce. That an individual needs these to survive makes cooperation inevitable. Besides, cooperation gets people their desires the way they please because, production and consumption capacities vary among individuals and it remains best when people determine these themselves.

It is much safer than to have people equally providing the general need irrespective of their interests or sharing them equally regardless of their needs. Such scenario has invoked destructive economic bubbles in many African states.

The first generation writers on African philosophy falsely interpreted goodwill and solidarity to be state welfarism and collectivism. Even present writers usually claim capitalism has bitterly failed in Africa due to its emphasis on „self-interest‟. An average African still see the placement of self-interest above the collective as antithetical to African morality and it will ultimately monopolize dividends of the economy to a privileged few, whereas, it is the exact opposite.

In a society where people serve the interest of others at the detriment of theirs, such society rests on an economic thread because there are always a group that would not believe in serving others due to ambition or greed. This group will get exceedingly rich while others are busy working in their favour, and those that remained devoted the common-good will eventually get exploited and poor. On the long run, the poor group will likely react to such imbalance with a potential of instigating an economic disaster.

This scenario would not occur in a lawful and competitive system where everyone was self-interested because, value and profit is a win-win of a free market economy. To be self-interested is not to be greedy or exploitative; it is fairly pursuing one‟s desires for a betterment of life. Moreover, the individual best answer the question of his self-interest. Equally, many African academics remain wrong in their notion that contemporary African states practice capitalist systems copied from Western economies (Akpan 2004; Obot 2004; Abiodun 2015).

The first lapse is that the so-called African capitalist economies are in fact social-welfarist states with policies that negate the free market economy of true capitalism. Their economic systems are acutely crony. A cabal of wealthy men dominates key industries with state legislations protecting them. Such legislations usually include the imposition of high tariffs on industrial supplies to hold back emerging firms in specific industries. They also raise taxes on small businesses with many of their cronies often guilty of tax evasion.
They enact stringent policies to limit the registration of new firms and restrict foreign investment in these industries, all in the quest of protecting the interest of the wealthy few. In return, the cabal either heavily finances their political quests or act as their economic joker. These acts are common in the energy, petroleum, transportation and mining sectors of majority modern African states and outrightly negate anything true capitalism stands for.

Unbiased rankings and reports on economic policies of these African states continues to reveal series of economic patterns correlative to crony capitalism. In a free market economy on the other hand, policies that favours one group at the detriment of others would rarely exist, because true capitalism means giving everyone equal opportunity at individual pace without chauvinism or protectionism. Every individual would have equal access to market; tax rates on small businesses are relatively low and entrepreneurs can access foreign markets for exchange of materials and finished products. It is a complete opposite of a government controlled socialist system or a crony capitalist arrangement. Countries like of Coted’Ivore, Mauritius and Mozambique are presently experiencing massive economic growth due to commendable efforts towards a free market economy.

On social morality, a peculiar quality of the African life is the zeal to preserve culture and traditions even when in conflict with individual interest. As noted earlier, there was no unified lifestyle in traditional Africa except the common exhumation of culture and ancestral practices. In some communities, the ruling elites determined what was socially morally and what was not. In others, individuals had liberty to lead their desired life insofar it respects the liberty of others.

However, as generations, evolved, foreign influence penetrated the rigid cultures and newly inherited lifestyles influenced social moral standards. For example, practices like monarchy; forbidden of estate; genital mutilation; facial and body markings; execution of homosexuals and twins among others used to be culturally moral and formed the nucleus of social existence. But the effects of cultural interactions as communities expanded with time persistently redefined socially moral behaviors.

This is reflective in irregular changes in value and culture of modern African societies. Positions such as predetermined behavioural responsibility and blind adherence to authority ranked high decades ago, but revolts against authoritarianism, tyranny or subjective cultures in recent years corroborates this declination. Sorry enough, many traditionalists still see classical liberal principles as rather anarchist even as some African communities flourished under anarchy. Or adversative to traditional African principles: a sort of threat to Africa‟s historical identity.

Unlike the total anarchy assumption, classical liberals proposed an impartial system of justice in the custody of the state, but in trust, with some monopoly of force (if needed) to guarantee relative balance (Butler 2015). This was the exact structure in most of traditional Africa. Leaders and governing councils were guardians of values and preserved the justice system through impartial adherence to laws while public revolt was an option against tyranny.

Like many other race in human history, traditional Africans despised tyranny. The central authority only existed as representative of the gods on earth, to guide the living in the right conducts only. And as Otto Lehto explained, “in addition to being a doctrine of maximizing free and voluntary human cooperation, classical liberalism is a doctrine of legal limits to coercive actions” (Lehto 2015).
In African tradition, the individual was as important as life itself, and the respect for his dignity, a virtue. The only difference was that they saw the realization of individual prosperity as more realistic when embedded in the prosperity of his community. Even Kenneth Kaunda, a staunch African humanist agreed when he said:

“I am deeply concerned that this high valuation of Man and respect for human dignity, which is a legacy of our [African] tradition should not be lost in the new Africa. However “modern” and “advanced” in a Western sense the new nations of Africa may become, we are fiercely determined that this humanism will not be obscured. African society has always been Man-centred. We intend that it will remain so.” (Eze 1997, 42).

His submission serves well an historical correction for contemporaries.

REFERENCES
1. Akpan, N. 2015. “Structure of Self-Organized Traditional Financial Institutions in Nigeria: The Case of Etibe”. In, Nigerians and their Cultural Heritage, edited by Akpan U. Akpan and Abiodun J. Oluwabamide, 148-154. Lagos: Lisjohnson Resources. (Akpan 2015)
2. Boaz, David. 1997. Libertarianism: A Primer. Detroit: Free Press.(Boaz 1997)
3. Butler, Eamonn. 2015. Classical Liberalism – A Primer. London: Institute of Economic Affairs & London Publishing Partnership Ltd.. (Butler 2015)
4. Eze, C. E. 1997. Postcolonial African Philosophy. A Critical Reader. Massachusetts: Blackwell Publishers. (Eze 1997, 42)
5. Hayek, Friedrich. 1988. The Fatal Conceit: The Errors of Socialism. Chicago: University Of Chicago Press. (Hayek 1988)
6. Lehto, Otto. 2015. “The Three Principles of Classical Liberalism (From John Locke To John Thomas.” PhD diss., University of Helsinki. (Lehto 2015)
7. Obot, J.U.. 2004. “Nigeria: The Land, its Resources and the People.” In, The Nigerian Nation: Nigerian Peoples and Cultures, edited by M.B. Abasittai, I.I. Ukpong and G.J. Even own. Uyo: University of Uyo Press. (Obot 2004)
Published in Africanliberty.org MAY 21, 2017: http://www.africanliberty.org/a-libertarian-thought-on-individualism-and-african-morality-by-ibrahim-anoba/

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The Dos and Don’ts of Talking Liberty

by: Jeffrey Tucker

Nearly everyone knows there is something wrong with the world as it is. The liberty-minded person believes that he or she knows a major part of what is wrong. There is not enough flexibility and adaptability in the structures of government that presume to manage the social order. State systems have made life rigid and regimented–replete with regulations, taxes, mandates, and prohibitions–with the cost that too many people are excluded, demoralized, and impoverished. For moral and practical reasons, this situation must end.

The vast majority of the human family continues to live under the illusion that giving government more power will magically cure society’s ills.

In other words, freedom is the answer.We recall the moment when we discovered this. The light flicked on. The shades came off and the world looked different from before. Our lives changed. How can we help others arrive at this point?

The short summary of what we believe: the astonishing rise of government power over the course of the last one hundred years has truncated freedoms, human rights, and prosperity along with all the fruits of the human spirit. Government is the main enemy, but government hides under cover of social contract, social justice, democracy, religion, security, and a host of other changing veils.

All of this is clear to those steeped in the tradition of liberty-minded thought as it has gradually emerged over the centuries. But it is obviously not clear to the vast majority of the human family, who continue to live under the illusion that giving government more power will magically cure society’s ills by infusing us with a greater reality of fairness, justice, morality — or whatever they claim.

How best to correct this error? How best to share this knowledge? How best to bring others along to the same understanding?

Here are ten rules–five don’ts and five dos. And I know: every libertarian reader of this article is immediately saying “Don’t tell me what to do!”

1. Don’t Be Belligerent

Righteous anger at the state of the world is a feature of the libertarian mind. It was probably the reason for the initial interest in the ideology. When a person makes the link between war, mass killing, lies, and government power, the result is overwhelming. It seems unimaginable that others do not see this.

One burns with a passion for justice. One feels an intense desire to do something to fix the problem. Another example might be economics related. When a person discovers that the Fed is the reason for inflation, the business cycle, and the skyrocketing debt, the effect is shock and anger and the desire to make history right.

This is all completely understandable. The problem is to remember that others do not share in this anger because they have not been made aware of the cause and effect here. They do not share your understanding. All the dogmatism, belligerence, expressions of anger, and raised voices are not going to convince anyone of the case for liberty. Instead, quite the opposite, they just inspire others to fear your temper and tone.

The goal is to win hearts and minds.

A raised tone of voice, an increased volume, and a more insistent edge are not the same as a convincing argument. These approaches can seem to work only by causing others to back down in fear, but that is not the goal of persuasion. The goal is to win hearts and minds.An aggressive voice is not going to persuade people of the case for peace. An unwillingness to listen to others is not going to convince people of the case for exchange and cooperation. An absence of interest in another’s point of view is not going to bolster your credibility as an advocate of free speech and human rights. A posture of intolerance is not a good witness for the diversity and human flourishing we would see in a free society. The case for liberty needs to be made in a manner that practices what we preach.

The better approach is to speak with reason and with the intention of actually bringing a person along through making sense. That doesn’t mean being unprincipled. In fact, a reasoned approach enables you to speak about radical content with even more authority.  

As Ludwig von Mises wrote in Liberalism (1927):

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.

2. Don’t Presume Hatred of Liberty

Many libertarians start with conversations, online or offline, with the presumption that the interlocutor is against liberty. That is not usually the case. The problem is usually of a different sort. It is that the person does not see the relationship between the law that he or she supports and the imposition on human liberty. A person who says “every person has a right to a decent education” may not actually mean “people should be robbed to support bad schools” or “all children should be forced into a prison-like building for 12 years.”

The person may not actually be against human liberty, only unable to see the relationship between certain principles and certain policies.

In the end, we must choose between liberty and power. There is nothing in between.

The job of the liberty-minded rhetorician is to illustrate the connection, and to show how impositions on liberty lead to bad results. For example, in the case of public school, people who think kids ought to be forced into school until they are 16 or 18 don’t imagine that juvenile detention is a good solution, or that kids ought to be prohibited from having viable work experience, or that parents can’t be good teachers at home. But that is the implication of the policies they support. What’s missing here is the logical relationship between the policy he or she supports and the inevitable downsides of a system of coercion and compulsion.

Almost all non-libertarians underestimate the implications of putting the state in charge of anything. They speak of how “society” should do something, how “we as a people should” do something, how “the community” needs to be committed to something. The reason for this evasive language is to mask, even from themselves, the gritty reality that in each case they are actually arguing for the state to have more power.

More state power means the use of more confiscatory power, more fines, more jails, and more violence. Indeed, in the end, violence is the only tool the state has, so every push for more intervention amounts to a call for a more violent society. This is even the case for gun-control laws: they mean using guns against people when their own peaceful choices conflict with the political priorities of the state.

The advocates of intervention don’t usually begin with a hatred of liberty. They are just unwilling or unprepared to recognize the relationship between their own outlook and the uses of the state as a tool of power. In the end, we must choose between liberty and power. There is nothing in between.

3. Don’t Presume Different Goals

Non-libertarians have a gigantic language apparatus they employ to push against the idea of liberty. They speak of the need for “social justice,” “equality,” “sustainability,” “solidarity,” “community,” “progress,” and a hundred other wonderful-sounding things that are really just covers for increasing government power.

It is very easy to presume that these people have completely different social goals than those of liberty advocates. That is usually not the case. More often than not–there are exceptions–the people who speak this way do not have different goals. There are some people who actually do favor poverty and human suffering, but that is not very common. Most people share the goal of prosperity, peace, a clean environment, and widespread wealth–whatever words or phrases they use.

A basic economic education is lacking in some of the world’s smartest people.

There is no point in getting hung up on words. Words are arbitrary sounds designed to facilitate conversation. Their meaning changes over time. Especially in our times, different sectors of society use different vocabulary to describe the same thing. If you can change your vocabulary and introduce someone to a cause, it is worth the effort. There is no reason to get hung up on word choices.4. Don’t Presume Ignorance

Many opponents of the free society and free markets are among the most educated people on the planet. You need only look at the faculty at top-level universities to see that, despite all their brilliance and reading and education, many fail to understand even the basics of economic forces like supply and demand. They are not ignorant. A basic economic education is lacking in some of the world’s smartest people, and a failure to integrate economic lessons into a larger worldview is the most common error among the academic elite.

What is often lacking is not education but the precise knowledge that turns out to be extremely important in forming a worldview. As Thomas Sowell has written, many of the world’s smartest people are guilty of unconstrained visions of what is possible. They see pockets of wealth alongside poverty and easily jump to the conclusion that spreading out the wealth would create fairness. That unconstrained vision of society is possible in a world without scarcity, and the world of ideas is indeed a world without scarcity. Intellectuals deal mainly in the world of ideas, which is why they are so tempted by the dream of a world of unlimited possibilities.

Where they get tripped up is in theorizing about the physical world, the world in which resources and time constrain possibilities. Here there can be no such thing as socialism, no such thing as creating wealth by taking it away from others. Here is where we must have private property, freely floating prices, exchange, contract, trade among all peoples, capital accumulation, and safety in ownership. All of these are essentials. Peter Boettke has written that almost all errors in economics come down to the failure to understand scarcity. True enough!

If the market teaches us anything, it is that we are all ignorant of the vast majority of human knowledge. 

Non-intellectuals, in my experience, are more open to the ideas of liberty. They only need an appeal to daily experience. How many people really know that laundry has been totally destroyed by state regulation, that our clothes are dirtier thanks to government intervention? How many people understand how regulations have so seriously cartelized the business sector and reduced our options and made it so difficult for people to go into business? That there is a relationship between a large US military presence in the world and a welfare state that controls the civilian population at home, that the welfare-warfare state is one entity? That the Federal Reserve is the main reason behind the runup in federal debt and a main reason for all the corruption that people loathe?There is no reason to attempt to convince anyone of the full case for liberty in one exchange. It is a mistake to presume someone else knows nothing and we know all things, because it is absolutely untrue. We have so much to learn even from those who do not share our worldview. But if you presume another person’s ignorance, you will not gain that knowledge or understanding.

If the market teaches us anything, it is that we are all ignorant of the vast majority of human knowledge. The goal is not necessarily to convince everyone you meet of the case for liberty. Rather, take the opportunity, when presented, to learn from people who know more about subjects that you don’t.

I recall sitting next to a man in the airplane who specialized in making bags for potato chips. It was an absolutely fascinating conversation to learn all about the history, technology, and marketing of these bags. It is a rare opportunity to discover a sector of life that is mostly closed to us. Sometimes it is just good to be selfish in conversation, extracting as much information as possible as a way of making our own worldview more hands-on and realistic.

5. Don’t Regard Anyone as an Enemy

In democracy, government specializes in dividing people into warring tribes and devolves all meaningful conversation into sectarian squabbles. This is what elections are all about. Each politician finds his or her demographic and attempts to whip them up into a frenzy against others. It’s always the same: men vs. women, blacks vs. whites, natives vs. immigrants, rich vs. poor, able vs. disabled, religious vs. secular, and so on without limit. What is the effect of this constant prattle? It causes us to think of each other as enemies. If you really believe that it is super- critical to the future of civilization that Joe and not Tom is elected, you naturally believe that anyone who supports Tom is the enemy.

And you know based on demographics — or you have a pretty good idea — who is supporting whom. This creates the tendency for all of us to divide up the population around us into friends and foes. This is a major cause of social tension in a democratic society. Democracy purports to bring us all together to govern ourselves. Actually it only ends in dividing us into feuding clans, out to steal or keep from being stolen from. One person’s liberty comes at the expense of another. One person’s vision is only realized so long as others’ visions are not.

Remember that the enemy is the state, not your fellow human beings.

It is no wonder that society continues to have troubles with racism, sexism, nativism, and classism. That we can’t live together except by crushing each other is a major illusion of democracy. It is an artificial reality, one created by the state itself. So long as we buy into it, we are going along with a corrupt imposition. We are giving in.The best way to fight back is to not be manipulated into this situation. We should seek to make friends, not entrench enemies. Every human being is a friend of liberty somewhere deep inside his or her heart. It is just a matter of finding that spot and tapping into it. There is no religion, no race, no income group that cannot benefit on net from liberty. For that reason, there is no person who should not be on Team Liberty. That’s why it is best to approach the art of persuasion, and life itself, with the assumption that we are surrounded by friends. In this way, we avoid the trap that the state sets for us. Remember that the enemy is the state, not your fellow human beings.

6. Do Inspire 

Libertarians are very good at making sense. There is a tendency to argue only from first principles, rely on axioms, push the point using hard dogmas that might be perfectly valid but do not hit the sweet spot to change minds. I’ve heard countless arguments over political points in which the libertarian wins the point on logic but loses in the area of common sense. This is why so many people find libertarianism to be somewhat scary, a form of fanaticism that would take away the comfort and stability of life itself.

Consider the point about privatizing streets. Liberty-minded thinkers favor this, but most people can’t imagine it. You can assert the point again and again and conjure up images of every street having a toll. Or you can simply point out that hundreds of large corporations today use private streets in their own factory grounds, streets that are built by private interests and are nonetheless available to everyone.

In addition, there is no necessary reason to believe that privatized streets would not be as open access as a search engine like Google or a video chat program like Skype or Snapchat. Producers have every interest in including users, not excluding them.

Insofar as it is possible, it is best to use examples of the private provision of goods and services that really exist in our world. One of the best cases is the whole of the Internet, which is the greatest experiment in anarchism that exists today. Trust relationships between merchants and consumers, user ratings, protections against identity theft, and consumer protection have all formed without recourse to government bureaucracies. Yet people continue to believe that government agencies are essential to our lives when they experience the beauties of anarchy every day.

See the anarchy all around us.

Actually, government contributes very little to the lives of average people. People realize this once they think about it. Our lives are great when we make them so, not because a bureaucrat has somehow intervened to improve our lot. The myth that government is somehow supporting or sustaining civilization is an embedded part of our civic culture, but it is a myth easily refuted by daily experience. Monitoring what we do day-to-day, we discover that it is actually private enterprise that we depend on for all the comforts and excitement of life.This is an inspiring realization. The notion that government is necessary is a very negative commentary on the capacity of people to manage their own affairs. Once you see the anarchy all around us, you realize that humanity is bursting with creativity, energy, the desire to get along, the impulse to fix problems, and the passion to value others and be valued ourselves.

Government has only one power in the end, and that is the power to stall and thwart this constructive process with force. If by doing so it prohibits peaceful behavior, it normally diminishes the quality of life for all of us. Liberty is an inspiring message. We should always avail ourselves to this to make our case.

7. Do Look for Love of Liberty

This is something of an art. When you are talking with someone about the subject of liberty, he or she will often say a long series of things that are just wrong from your point of view. One approach you can use is to sit patiently and listen as long as possible, refraining from commentary. At some point, the person will say something that makes sense–a rightist might speak of the need for gun rights or a leftist might talk about civil liberties–and this is the time to speak up.

Look for points of agreement. 

If you can find a point of agreement on some point about human liberty, you have the basis for a real conversation. The point is not to look for error–there’s never a problem in finding those–but to look for points of agreement. As you pursue these lines, you will bump into a point of disagreement, but instead of arguing–which is often just pointless–you have the basis for a serious discussion of the merit of a free society.The secret here is to do this not as a strategy but as a sincere attempt to praise the good in another’s way of thinking.

There are very few people alive in the world today who do not believe in liberty in some part of their lives. Find that point and you can disarm a critic and have the basis for at least getting a hearing for your point of view.

8. Do Have Confidence in Your Beliefs

One thing that Internet culture has taught us: the weaker the argument, the stronger the rhetoric that backs it. Often times, insults, ad hominems, put-downs, and smears are just covers for a lack of confidence in a position. If you know a subject very well, there is no reason to resort to this way of thinking and arguing. You can respect another’s point of view and still make your points.

The case for liberty does not need loud, boisterous, belligerent arguments. If you have confidence in your beliefs, you can welcome any comers and face down any objection. If you find yourself getting flustered and angry in the course of a discussion, you might ask if the real problem is not the other person but rather your own lack of knowledge. It might be time to hit the books.

Nothing persuades others like a calm and cool demeanor in the face of vigorous criticism. But the best way to achieve that is to become a genuine expert with a deep and impenetrable conviction in what you believe.

9. Do Speak the Language of Your Interlocutor

Earlier I wrote about the tendency of different political tribes to use completely different language. It is sometimes good to completely mix this up. Why not call yourself a progressive, for example? After all, nothing is for progress as much as human liberty. Indeed it is the only real source of progress. Why not call yourself a liberal? In the 18th century, liberalism meant a belief in human rights, commerce, peace, and no government intervention. It’s true that we have mostly lost that term, but it still pertains historically, and there is nothing wrong with reclaiming it.

 A world of liberty is a world without rulers lording it over the human population with swords, bullets, and tanks. 

It is a waste of time to argue about terminology. Discussions that go places focus on concepts and ideas, not terminology. It is best, then, to adopt the language of others if that is possible.Consider the term “sustainability,” for example. It is mostly used as an attack on economic development and commercial freedom. But there is an element of free-market thought that is perfectly compatible with the idea of sustainability. Loose credit creates unsustainable bubbles. In fact, it is the main source of creating unsustainable institutions. This is true of many, if not most, government programs. Subsidies and protectionism create unsustainable results. This kind of language is just as much ours as theirs.

Probably as much as 95 percent of political argument today centers on debates about who should be ruling us, and the terms under which this rule takes place. Neither amounts to much because both miss the point. A world of liberty is a world without rulers lording it over the human population with swords, bullets, and tanks. It is a world without rulers that we seek, so it makes no sense to get distracted by arguments over which rulers should be in charge.

10. Do Suggest Great Literature

A major reason to know the literature well is to have ready references that fit with the outlook of another person. An engineering major will need to read different books from a literature major. A literature major might be persuaded by Russell Roberts’s wonderful novel The Invisible Heart. An engineering major might enjoy Nassim Taleb’s Antifragile. As great and essential as the old treatises are — Mises’s Human Action or Hayek’s Constitution of Liberty — they are not the only way to discover the ideas of liberty.

The lessons of human liberty are applicable to every aspect of life.

Beginners who need an economics education can always benefit from Hazlitt’s Economics in One Lesson, but it is not the only book. Faustino Balvé’s Essentials of Economics is also great.The literature of liberty is, at this point, very well developed. We have commentary on popular culture, philosophy, history, law, economics, foreign relations and war, as well as the history of art and even computer code. The lessons of human liberty are applicable to every aspect of life.

Never leave a conversation without making an excellent suggestion of a book to provide a follow-up. It could also be an article online. Speaking from a personal point of view, I will often be reading a book of any sort–fiction or nonfiction or history or something–and be unable to suppress talking to others about it. The enthusiasm you show for what you are currently learning can be infectious to those around you.

The future of freedom and liberty depends on our ability to convey the immeasurable benefit of freedom.

Liberty is a gigantic subject. “Conversion” doesn’t happen in a day — it is a process. There is no reason to strive for instant victories. To absorb the full truth about liberty takes time for it to be meaningful and penetrating. Moreover, there is no reason to seek victory over the full picture; achieving small victories is all that is necessary.It is a reflection of the confidence you have in your worldview that you don’t need to seek “conversions” so much as marginal steps toward enlightenment.

Conclusion

We were born free, but at one point or another we all became, in some form or another, supporters of the state. You were once one of those people who needed convincing. Imagine that you are speaking to yourself, before you saw the light. How would you want to be convinced? Be understanding and compassionate, but also patient and persistent. The future of freedom and liberty depends on our ability to convey the immeasurable benefit of freedom.

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Everyone Loves This Book But Who Has Actually Read it?

After years of avoiding Hayek’s Road to Serfdom, I have decided to dedicate the next sixteen days to liveblogging each chapter.
 

I have never actually completed F.A. Hayek’s, The Road to Serfdom. I am completely comfortable admitting that. Still, like many who are intrigued with Hayek’s ideas but lack the willpower to read the entire book, I alway list The Road to Serfdom as one of my most influential readings.

To be sure, I had read the few chapters that were assigned to me by my school’s token libertarian political science professor. I assumed I had accurately interpreted its message. The three chapters I read were full of highlights and great quotes about the importance of the individual. But with all the other books out there in the world, why was finishing this one book so important?

Hayek makes it clear that this path refers to society’s “progressive” rejection of individualism.

It was not until my current mentor called me out on my inability to follow through on one of the most economically relevant books of all time, that I realized that I had robbed myself of an education by not finishing Hayek’s important work.

As a matter of millennial pride and also wanting to reclaim the knowledge I foolishly pushed aside as an undergrad student, I decided to dedicate the next sixteen days to both reading and liveblogging The Road to Serfdom.

The Individual Built the Modern World

Proponents of laissez faire capitalism and libertarian thinkers alike constantly throw around the phrase,” the road to serfdom.” And while most understand its general negativity towards socialism, the phrase is so ingrained in liberty speak that few often take the time to really explore what Hayek was trying to tell us.

In the book’s opening chapter, “The Abandoned Road,” Hayek makes it clear that this path refers to society’s “progressive” rejection of individualism. More importantly, he goes on to describe how this rejection of the sanctity of the individual has, and will continue to have, negative impacts on the society.

For a period of time, the western world had flourished under the 19th-century ideals of free market capitalism. For the first time in history, an individual was allowed to follow his own desired path without the status of his birth holding him back. All he needed was an idea and the ambition needed to make that idea a reality.

As a result we saw a revolution in thought and an industrial revolution incomparable to anything the world had ever experienced. In fact, even with the advent of the internet, the world has still never progressed quite as dramatically as it did during this laissez faire revolution.

And while this period brought the world the wisdom of Adam Smith and the rebellion of the American Revolution, it did not maintain its momentum of popularity as the 20th century approached.

As Hayek points out:

“We still believe that until quite recently we were governed by what are vaguely called nineteenth-century ideas or the principle of laissez faire…But although until 1931 England and America had followed only slowly on the path which others had led, even by then they had moved so far that only those whose memory goes back to the years before the last war know what a liberal world has been like.”

If in 1944, Hayek thought the world had already forsaken and forgotten true liberalism, I can scarcely imagine what he might say today. And it’s true that he was writing about a period of wartime economic planning both in the US and the UK. Prices and wages were controlled. Censorship was in place. Rationing and quotas governed the production and distribution of all essential goods and services. But even given all this, government consumed a far smaller degree of overall national production than today.

So far removed are we in 2017, that the individual is not even a consideration when contemplating economic policy. In fact, the “greedy” “selfish” individual is often the villain in modern economics, as he seems to always operate contrary to the whims of the collective. Now, terms like “individual mandates” are used to convey each person’s “social responsibility” to care for the collective.

As common as this anti-individualist sentiment has become, it wasn’t always this way. As Hayek reminds us in this opening chapter, the most tremendous strides towards human and economic progress were taken during a time when the individual was allowed to innovate and create without worrying about interference from the state on the grounds of protecting the greater good. But even though the positive implications of a pro-individualist society were proven by the innovations created during that time, society had still been steadily moving away from it.

“We are rapidly abandoning not the views merely of Cobden and Bright, of Adam Smith and Hume, or even of Locke and Milton, but one of salient characteristics of Western civilizations…Not merely the nineteenth- and eighteenth- century liberalism, but the basic individualism inherited by us from Erasmus and Montaigne, from Cicero and Tacitus, Pericles and Thucydides, is progressively relinquished.”

So far removed are we in 2017, that the individual is not even a consideration when contemplating economic policy.

Again, I have to wonder what Hayek might say if he were alive today and around to see how groupthink and collectivism have shaped our modern policies.

This chapter, then, sets the stage. He names liberalism as the system that gave birth to the greatest of human achievements ever seen in history. It was individualism that caused the most spectacular effect. If you understand that–and vast numbers today do not understand this–you are prepared to see how the abandonment of this system and idea leads to not only the unraveling of liberty but even what we call civilization.

So, yes, this book is a warning, not just against one party but all ideological positions that reject individualism for one or another version of the planning state.

Now onward to chapter two!

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World Youth Day: The Concept of Youth Investment, Peace and Security

By Ugbabe Adagboyi Damian

Every year since 1999, the United Nations has continued to celebrate the youths all over the world. Eighteen years after, the youths have continued to gain increasing recognition as agents of change in the society – since they have very important roles to play in deterring and resolving conflicts, and are key constituents in ensuring the success of both peacekeeping and peace building efforts. Hence, their inclusion in the peace and security agenda of the Sustainable Development Goals (SDGs) of the United Nations. The 2030 Agenda for Sustainable Development committed to fostering peaceful and inclusive societies and affirmed “Sustainable development cannot be realised without peace and security”. Goal 16 aims to ensure responsive, inclusive, participatory and representative decision-making at all levels. The World Programme of Action for Youth, which provides a policy framework and practical guidelines to improve the situation of young people, also encourages “promoting the active involvement of youth in maintaining peace and security”.

For the purpose of achieving the 2030 Sustainable Development agenda, it is considerable to adopt a conventional definition of youth; assess the concept of youth investment and how it can ensure the success of both peacekeeping and peace building; as well as suggest ways the incentives tailored towards youth investment can make meaningful impact on them.

According to Wikipedia, The terms youth, teenager, kid, and young person are interchanged, often meaning the same thing, but they are occasionally differentiated. Youth can be referred to as the time of life when one is young. This involves childhood, and the time of life which is neither childhood nor adulthood, but rather somewhere in between fourteen and twenty-one years of age.

The UN Convention on the Rights of the Child of 1989 defines a child as any human person who has not reached the age of eighteen years.

To bring home the definition, we shall adopt the definition of the African Youth Charter; that a youth is any human person who falls in the age bracket of fifteen and thirty-five. However, the task that lies before us should make us think in line with Robert Kennedy that, “the world demands the qualities of youth: not a time of life but a state of mind, a temper of the will, a quality of imagination, a predominance of courage over timidity, of the appetite for adventure over the life of ease”.

The concept of youth empowerment and youth investment are interchanged, often implying the same thing. On the contrary, youth empowerment is a form of political heart-buy of youths for continuity. Most African politicians and their governments have bastardized the concept and have used it to manoeuvre their immediate social environment. Many of them believe that empowerment mean to purchase and distribute either of, motorcycles, tricycles (popularly called “Keke” in Nigeria), wheelbarrows, hairdryers, Knapsack sprayers, and stipends in form of social transfer benefits, etc. In as much as this is a plus to the society, there are little or no evidence that the beneficiaries expressed any form of predominance of courage over timidity; developed a superior state of mind or have any quality imagination that can spur innovation to permanently lift them out of poverty. It is evident that many of the beneficiaries have no appetite for adventure as they are limited to what they know and do, and are hardly proud of their skills since they remain restless and agitated. They also develop high sense of entitlement and feel marginalized; believing that what they have received can only keep them surviving each moment and not living in each moment.

The concept of youth investment sees beyond tenure. It is a concept that seeks to improve young people’s outcomes through better funding opportunities, programmes and initiatives that build the capability and resilience of young people so they have the skills and confidence to engage positively in, and contribute to, their societies. These outcomes support increased educational achievement, greater employability, improved health and less state intervention. The economic and social landscape of the world is rapidly changing with the developments in technology affecting the way we think, live and work, the young people forming about 70% of the African population need to acquire the digital, entrepreneurial and enterprise skills to be participate and contribute to the social and economic growth of their societies.

 This concept has three key strategies: leadership development, volunteering and mentoring. These can be achieved little or no stress but with the political will power to grow the economy and sustain peace and security.

The following key components of the strategies includes; maximising scarce resources through collaborating with corporate, non-governmental, and other government organization, improving data collection and analysis to enable funding based on knowledge of what works and for which group of young people, a clear mission statement and continuous appraisal of outcomes, and targeting investment to where it will have the most impact.

Therefore, if we intentionally adopt these strategies, guided by its component; and ensuring accountability, integrity, and inclusiveness we can build and shape a peaceful and secured Africa.

 

This piece was originally published in AfricanLiberty.org

Ugbabe Adagboyi Damian

Twitter @ugbabeD

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Corruption Rises as Economic Freedom Falls

By Richard M. Ebeling

The corruption of government officials seems to be as old as recorded history. For example, the ancient Roman senate passed laws against such political corruption in the first century, B.C. They defined a corrupt act as “whenever money is taken and a publicly-conferred duty is violated.”

Local magistrates in the Roman Empire were permitted to legally receive cash gifts of up to 100 gold pieces a year, but anything beyond this amount was considered “filth.” There was also a separate criminal category against what was called concussio, or the “shakedown” and “extortion.” A Roman official might claim to have a legal order against someone and demand a bribe not to enforce it against the individual’s person or property.

Emperor Constantine issued one of the strongest decrees against corruption during this time in A.D. 331. Those found guilty of such crimes might be exiled to an isolated island or a far-off rural area, while others might even be condemned to death. A judge, for example, might be executed if he had acquitted someone guilty of murder for the right price.

Ranking Corruption

Today, high levels of political corruption remain one of the major problems people confront around the world. While most of us think of such corruption as primarily impacting the hundreds of millions who live in the underdeveloped and developing parts of the globe, it touches those of us fortunate enough to live in the industrially developed Western democracies.

The Berlin-based non-profit organization, Transparency International (TI), annually surveys various forms of corruption around the world by various measures and types. A score of 100 in their 2016 Corruption Perception Index means the absence of any political corruption. A score approaching zero suggests a society in which little happens or gets done without layers of governmentally corrupt processes for people to get through in their daily lives. TI points out that “No country gets close to a perfect score” on the index.

However, according to Transparency International many of the least corrupt nations around the world are in the European Union and North America. In fact, Denmark ranks the least corrupt worldwide, followed by New Zealand. Among the remaining top ten of least corrupt countries are: Finland, Sweden, Switzerland, Norway, Singapore, the Netherlands, Canada and Germany. All of them have scores of 80 or better on TI’s scale of 100 having zero corruption.

The United States, however, is only ranked 18 with a score of 74. That placed America just below Belgium, Hong Kong and Austria. But the U.S. did rank above Ireland, Japan and Uruguay. And, happy to report, America is above France, which had a score of only 69.  

The most corrupt nations of the EU, perhaps not surprisingly, are in Eastern Europe, in those countries that had been part of the former Soviet bloc. Poland only scored 62, followed by Slovenia (61), Lithuania (59), Latvia (57), Czech Republic (55), Slovakia (51), and Hungary and Romania (58).  On the other hand, Greece, a longtime member of the EU, only earned a score of 44.

Former Soviet republics further to the east are even worse. The Russian Federation and Ukraine only scored 29, with the former Soviet republics in central Asia – Kazakhstan, Turkmenistan, Uzbekistan, for instance – barely making it above the low 20s range on the scale.

Africa, Asia, and Latin America

The lowest TI scores are generally earned in Africa and parts of the Middle East and Asia, with some other very corrupt countries in Latin America. The most corrupt countries on the planet, according to TI, are Somalia (10), South Sudan (11), North Korea (12), Syria (13), Yemen (14), Sudan (14), Libya (14), and Afghanistan (15). But in corruption depravity, Venezuela, Iraq, and Haiti are not far behind them.

In fact, on the Transparency International scale there are hardly any countries in Asia, the Middle East, Africa or Latin America that make it even to the 40s mark on their political corruption scale. The vast majority of the countries in these parts of the world are in the 30s and 20s, or less levels under TI’s scale.

As part of their annual survey on global corruption a few years ago, TI also asked people the frequency with which they had to pay bribes to government officials of one type or another in attempts to get by in their daily lives. In North America, one percent of Canadians surveyed said they bribed someone in government. In the United States that reply was given by two percent of the people asked.

But even in countries that have long been members of the EU bribery was reported. The worst occurred in Greece, where 27 percent of the people said they paid bribes during the preceding year. In most of Western Europe the bribery level was around 2-3 percent of the population, though the number was 6 percent in Luxembourg. (The bribery question was not asked in Germany and Italy.)

Bribery is far more endemic in the rest of the world. Africa suffers from political bribery the most, with 42 percent of all those in the countries surveyed saying they had paid bribes. The most extreme case was found by TI in Cameroon, where 79 percent – almost four out of every five people – admitted paying bribes, with the number being 40 percent of the people in neighboring Nigeria.

Bribing the Police

In Asia, the overall rate of bribe giving was reported to be 22 percent of the population. The highest rates were found in Cambodia (72 percent), Pakistan (44 percent), the Philippines (32 percent), Indonesia (31 percent), India (25 per- cent), and Vietnam (14 percent).

Finally, in Latin America, the average bribery rate was recorded at 13 percent of the people. But as in the rest of the world, it varies from country to country. Among the handful of Latin American countries surveyed, the highest rate was in the Dominican Republic with 28 percent. Bolivia followed with 27 percent.

Around the globe, the most bribes are paid to the police. In Africa, 47 percent of the respondents said they bribed the police; in Asia, 33 percent; in Latin America, 23 percent; and in Eastern Europe, almost 20 percent. Worldwide, about 17 percent of the people in the survey paid bribes to the members of law enforcement.

Bribing people in the judicial system came next, with the global response being about 8 percent of all those surveyed. About the same percentage around the world said they bribed government agents for business licenses and permits, though again the highest rates were in Africa (23 percent) and Asia (17 percent). But even in the United States and Canada, around 3 percent admitted paying such bribes.

Medical care is also a major area for such corruption. In Africa, 24 percent of the respondents said they paid bribes for access to medical services; in Asia, the response was 10 percent; in Russia and Ukraine, 13 percent; in Eastern Europe, 8 percent; in the EU, almost 5 percent; and in North America, 2 percent.

The Cause of Corruption

Political corruption, clearly, is found everywhere around the world and people, regardless of where they live, do not expect it to go away anytime soon. Yet, in spite of its global dimension, corruption pervades some parts of the world more than others and permeates certain corners of society to a greater degree. Why?

Part of the answer certainly relates to issues surrounding ethics and culture. The higher the degree of personal honesty and allegiance to ethical codes of conduct, the more we might expect people to resist the temptations of offering or taking bribes. However, economic and business analyst, Ian Senior, in his, Corruption – the World’s Big C: Cases, Causes, Consequences, Cures (2006), concluded that there were no significant correlations between high degrees of personal honesty and religious practice and less bribe-taking around the world.

A far stronger explanation can be found in the relationship between the level of corruption in society and the degree of government intervention in the marketplace. In a generally free market society, government is limited to the protection of the citizenry’s life, liberty, and honestly acquired property. The rule of law is transparent and assures impartial justice for all. Any other functions taken on by the government are few in number, such as a variety of public works projects.

Under these circumstances, government officials have few regulatory or redistributive responsibilities, and therefore they have few special favors, privileges, benefits, or dispensations to “sell” to some in the private sector at the expense of others in society.

The smaller the range of government activities, therefore, the less politicians or bureaucrats have to sell to voters and special interest groups. And the smaller the incentive or need for citizens to have to bribe government officials to allow them to peacefully go about their private business and personal affairs.

Influencing Market Outcomes

On the other hand, the very nature of the regulated economy in the interventionist state is to short-circuit the free market. The interventionist state goes beyond protecting people’s lives and property. Those in power in the interventionist state intervene by using government authority to influence the outcomes of the market through the application of political force.

The government taxes the public and has huge sums of money to disburse to various programs and projects. It imposes licensing and regulatory restrictions on free and open competition. It transfers great amounts of income and wealth to different groups through sundry “redistributive” schemes. It controls how and for what purpose people may use and dispose of their own property. It paternalistically imposes legal standards influencing the ways we may live, learn, associate, and interact with others around us.

Those in the government who wield these powers hold the fate of virtually everyone in their decision-making hands. It is inevitable that those drawn to employment in the political arena often will see the potential for personal gain in how and for whose benefit or harm they apply their vast life-determining decrees and decisions. Some will be attracted to such “public service” because they are motivated by ideological visions they dream of imposing for the “good of humanity.”

Some will see that bribing those holding this political power is the only means to attain their ends. This may be to restrict or prohibit competition in their own corner of the market or to acquire other people’s money through coercive redistribution. For others, however, bribing those who hold the regulatory reins may be the only way to get around restrictions that prevent them from competing on the market and earning a living.

The business of the interventionist state, therefore, is the buying and selling of favors and privileges. It must lead to corruption because by necessity it uses political power to harm some for the benefit of others, and those expecting to be either harmed or benefited will inevitably try to influence what those holding power do with it.

The Correlation between Freedom and Corruption

For 23 years the Heritage Foundation in Washington, D.C., has sponsored an annual Index of Economic Freedom (IEF). The IEF tracks a series of 10 measured indicators that include the following:

(1) business freedom; (2) trade freedom; (3) level of fiscal burden; (4) size of government; (5) degree of monetary stability; (6) investment freedom; (7) financial freedom; (8) protected private property rights and the general rule of law; (9) flexible labor markets; and (10) freedom from corruption.

The premise is that the greater the degree of individual freedom, the more secure property rights, the smaller the size and intrusiveness of government in the marketplace, and the greater the open competitive market environment at home and in foreign trade, then the more likely a society will experience rising prosperity and higher standards of living over time.

No country in the world is free from some degree of government intervention and regulation. Unfortunately, the nineteenth-century era of relative laissez-faire is long gone. But the extent to which governments intrude into the economic, social, and personal activities of their citizens does vary significantly around the globe. This includes the extent to which citizens are protected by an impartial enforcement of the rule of law, have the freedoms of association, the press, and religion, and the right to democratically participate in the selection of those who hold political office.

The Index of Economic Freedom, in its 2017 edition, estimates that based on composite scores of all ten indicators, the greatest amount of economic freedom can be found in the following parts of the world: Hong Kong, Singapore, New Zealand, Switzerland, Australia, Estonia, Canada, the United Arab Emirates, Ireland, and Chile. The United States ranks only 17 in the world by the Index of Economic Freedom benchmarks. Ten years ago, before the Barack Obama presidency, America ranked fourth in the world.

Regionally, North America, Western Europe, and Australia/New Zealand are estimated by Transparency International to be the areas of the world in which the lowest rates of corruption are to be found. The Index of Economic Freedom also ranks these parts of the globe as generally having the greatest amount of economic freedom or the least intrusion of government intervention (broadly defined) within the marketplace.

On the other hand, Africa, Asia, and Latin America are the parts of the globe with the highest reported amounts of bribery, and are also the areas that IEF estimates as far lower in the global rankings for degrees of economic freedom. Among the 180 countries included in the Index of Economic Freedom, many (though certainly not all) of the ones that Transparency International estimates as having particularly high levels of corruption are ranked at the bottom one-third in terms of economic freedom from government intrusion.

The correlation between a global low ranking in terms of economic freedom and a high reported rate of political corruption is certainly not one-to-one. There are many variables at work, including the extent to which different types of freedom used in the IEF surveys are restricted in the respective countries. Thus, domestic property rights might be legally more secure in one country compared to others, but that country may have a higher rate of price inflation and more restricted labor markets, resulting in it having a lower economic freedom ranking in the index compared to other nations.

But the assertion can be safely made that the wider and more intrusive the degree of government intervention, the greater the likelihood of a higher level of experienced and perceived corruption. The more the government interferes with marketplace transactions (e.g., through price and production controls, or import and export restrictions and quotas, or business licensing and permit rules, or high, complex, and arbitrary taxation), the more need and incentive for people to bribe those in political power to free or reduce the heavy hand of government over their lives.

Ending global political corruption in its various “petty” and “grand” forms, therefore, will only come with the removal of government from social and economic life. When government is limited to protecting our lives and property, there will be little left to buy and sell politically. Corruption then will be an infrequent annoyance and occasional scandal, rather than an inescapable aspect of today’s social and economic life around the world.

This piece was culled from FEE.org

Richard M. Ebeling

Richard M. Ebeling is BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel in Charleston, South Carolina. He was president of the Foundation for Economic Education (FEE) from 2003 to 2008.

 

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A Liberty Reading List to Finish Up Your Summer

Summer is the perfect time to settle into a slower pace of life and savor a great book, whether it’s an old favorite that you continue to enjoy or an unfamiliar one with new ideas to ponder. And so before the summer ends, I have a challenge for you: I’m going to share five of my favorite books and essays with you, and I’m hoping you’ll read at least one before the beginning of the semester.

Not only are these fun summer reads, they are classic works that were foundational to my intellectual journey as an economist. They will shape the way you think about society while helping you articulate your beliefs about how to effect human prosperity and liberty across the world.

  1. “I, Pencil” by Leonard Read. This essay changed not only my views about the economy but my classroom teaching as well. It is timeless and action-packed. This short essay is written from the perspective of a pencil about how it came into being. There is so much economic thinking in this little story. It turns out that the ordinary pencil, which we take for granted and is seemingly so simple, is actually quite sophisticated: so much so that no one person, not even the CEO of the pencil company, knows how to make it. It is a story of the coordination of millions of strangers who come together to serve each other. If you haven’t read this essay, put it at the top of your list, and if you have, it’s a great one to read again!
  2. We the Living by Ayn Rand. Can you imagine the atrocities of living under Communist rule? This book takes us there, and it’s a great introduction to Rand if you are new to her work. We the Living remains my favorite Rand novel. It’s not a book about economics per say, but about economic systems and how they are so critical to whether we thrive or perish — both personally and socially.
  3. Economics in One Lesson by Henry Hazlitt. I love this short, pithy book written in 1946 by American journalist Henry Hazlitt because of how easy it is to understand — it’s both accessible and timeless. Hazlitt begins by encouraging us to think like economists by seeing the unseen and forcing us to take the long-term perspective so that we fully account for the costs of our actions. I come back to this book every year and am reminded of the power of the economic way of thinking.
  4. Basic Economics by Thomas Sowell. This book does not disappoint and is loaded with stories and evidence to help elucidate the economic way of thinking. Economist and author Thomas Sowell takes us through the market system of prices, property rights, profits and losses, and the mechanisms for increasing human productivity and prosperity. Using stories and evidence throughout, he helps us see the follies of policies that don’t properly incorporate the fundamental economic realities of the world in which we live. I not only love reading this book time and again, but it makes a great holiday gift as well!
  5. “The Law” by Frederic Bastiat. What if the law becomes a method of theft and plunder instead of an instrument of protection? In this compelling essay, Bastiat helps us see the importance of the rule of law as the foundation of a productive society. He tears down the old notions of political theorists who thought that elected officials could disavow themselves of their self-interest and greed and put on the cloak of the people to serve the common good. Bastiat shows us that the law is a force for good only when political leaders must also submit to it. Otherwise, it is a source of plunder. Originally published in 1850, Bastiat foreshadows the rent-seeking culture and special interests who distort lawmaking today.

Summer is a great time to catch up on the classics – and to reread your favorites with a new perspective. These readings will help you get a jump on the school year and engage in articulate discussion about these issues with your professors and peers.

I hope you find this list to be a helpful starting place in understanding economics and liberty. Which books and essays would make your top 5 list? And if you’ve already read the ones I’ve listed here, why do you think others should read them?

Reprinted from Learn Liberty.

 

Anne Rathbone Bradley

Dr. Bradley is Vice President of Economic Initiatives at the Institute for Faith, Work and Economics.

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Lawrence Reed: Thoughts on a Free Market

On Tuesday, March 28, Dr. Lawrence W. Reed, president of the Foundation for Economic Education (FEE), was invited by Young Americans for Liberty to speak about free trade and protectionism at the Miller Learning Center. Reed began his talk by explaining some fundamental definitions concerning economics and followed by making arguments in favor of free trade over protectionism, tariffs, and quotas.

In the past year, the question of how the United States should approach international trade has become an increasingly divisive topic, especially among conservatives. Many in the Trump camp favor his retreat from trade deals such as the Trans-Pacific Partnership (TPP) and his push to renegotiate the North American Free-Trade-Agreement (NAFTA). Concurrently, Dr. Reed and many other conservatives believe that Trump’s approach is ultimately regressive.

In his talk on the University of Georgia campus, Dr. Reed puts forth the question that was asked centuries ago by famous author and economist Adam Smith: “What makes a nation wealthy?” Reed’s answer is goods and services. He asserts that more and better choices in the market, not full employment, make a nation truly wealthy. “This is the general argument against protectionism,” says Reed. “Tariffs and quotas do not necessarily improve goods and services.”

Dr. Reed presents three arguments in favor of freer markets, confidently noting that he would say the same to a Detroit auto workers union.


THE LIBERTY ARGUMENT

He refers to his first argument as the “liberty argument.” This one is more principled than pragmatic. It declares that all potential traders have the right to voluntary exchange and that tariffs and quotas handed down by the government obstruct this right. This line of thinking is consistent with many libertarian and conservative positions dealing with individual and property rights.


THE PEACE ARGUMENT

The second argument is dubbed the “peace argument.” Here, Reed references French economist Frédéric Bastiat:

“If goods don’t cross borders, armies will.”

Many wars and conflicts in history have been catalyzed by trade disagreements, and Reed contends that diplomacy is a much preferable and more effective alternative. This argument has a basis among other free market thinkers, as well as national security theorists. Austrian economist Ludwig von Mises touted a similar theory to debunk the Marxist-Leninist contention that capitalism was a catalyst for war. Where Lenin saw the spread of worldwide capitalism as the internationalization of the eternal conflict between labor and capital, Mises posited that the interconnectedness of international trade established strong, mutually-beneficial commercial networks between countries that often served as a countervailing force against calls for martial conflict among trading nations. Ironically, though perhaps not surprisingly, a World Socialist website seemed to confirm Mises’ point back in 1999 when it noted: “The pledge to restart the talks [with China] came after a barrage of lobbying pressure by U.S. companies alarmed over the prospect of losing the billions of dollars in trade and investment opportunities.”


THE ULTIMATE ARGUMENT

Dr. Reed appropriately calls his final argument the “ultimate argument,” in which he takes a more economic look at the effects of protectionism. This argument claims that tariffs and quotas harm consumers by giving them inferior products, fewer options, and higher prices. Other trading parties also have the ability to retaliate to protectionist action. Dr. Reed closes this argument by saying, “You cannot close the door to imports without closing the door on exports.” Dr. Reed’s economic point has historical basis in our hemisphere, where “import substitution,” a much more drastic variant of protectionism, took Argentina from one of the top ten wealthiest countries at the dawn of the 20th century to an economic also-ran today. Chile, on the other hand, drastically reduced tariffs and opened its economy to the world, and has become the model economy for the region.


Dr. Reed is clearly wary of President Trump’s rhetorical tendency towards isolationism, and with good reason. It is imperative to maintain a free market for the nation’s continued prosperity. However, various conservatives believe that some countries have taken advantage of the U.S. due to its recent trade policy and that certain tariffs would put a stop to that. Our unwavering commitment to free trade is little solace to an entrepreneur whose intellectual property has been stolen by a state-owned Chinese manufacturer. To combat this, Joanne Butler, a former staffer of the House Means and Ways Committee, offers some enforcement tools that, she believes, can curb the violation of American property and intellectual rights. Butler references a law nicknamed “Special 301” as a means to punish countries that regularly engage in piracy of software, technology, high-end designer goods and other products by imposing tariffs on imported goods.

Former House Foreign Affairs Committee member Dan Burton claims that Trump was absolutely right to pull the U.S. from the TPP and renegotiate NAFTA. Burton opposes massive multilateral trade agreements that, he argues, “ceded our constitutional authority and economic autonomy to international organizations such as the World Trade Organization.” Burton goes on to stress the danger of the shift in manufacturing from domestic to globalized production has made the nation more vulnerable to international crises.

The key word in most conservative arguments for increased protectionism seems to be “fairness.” Dan Burton is not anti-trade, but he emphasizes the fact that trade only benefits the U.S. if it is free and fair. Finding a compromise in this discussion can be tricky, especially when dealing with a new president whose capacity for compromise is, at the very least, unproven. The United States has the world’s largest economy, and should not subject itself to unfair and harmful deals. However, those who argue for and orchestrate this pullback must not forget the principles of the free market and the benefits of free trade that allowed America to become great in the first place.

Republished from Archconuga.com

— J. Thomas Perdue is a sophomore studying journalism. He is a regular contributor to The Arch Conservative

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George Ayittey in TED: Dead Aid

Culled from TED Blog

Economist George Ayittey gave a blistering talk at TEDGlobal 2007, laying out his case that not only has Western aid not helped in most African countries — it’s actually hurting.

We asked Ayittey for his thoughts on the new book Dead Aid, which has lately been burning up the talk shows and opinion columns with a message similar to Ayittey’s. Author Dambisa Moyo says that aid is killing the very countries it’s supposed to help. She singles out for criticism the celebrity crusades to “save Africa,” and the skewing view they present of African life.

(You can also download the unedited notes for this interview, including reading list, sources and more.)

Dambisa Moyo’s new book is drawing new attention to the question of aid in Africa, and her thesis is quite like yours, but aimed at a mass-market audience (as she said on Charlie Rose). Do you think it is risky to sensationalize the issue?

I don’t think Dambisa is sensationalizing the issue strong enough. Americans were justifiably outraged when AIG, which received billions in U.S. taxpayer money in bailouts, paid out hefty bonuses to its executives. So where is the outrage when African leaders, who receive U.S. taxpayers’ money in foreign aid, build palaces for themselves while their people wallow in abject poverty?

More important, the presumption that Africans don’t know what is good for them and that Americans or other foreigners know what is best for Africans is extremely offensive. If you want to help American farmers, you ask them what sort of help they need and whether such assistance is working. Why don’t Americans ask Africans what type of aid they need and whether the aid Americans have provided is working? So what is wrong with an African, Dambisa, telling Americans that the foreign aid they are providing isn’t working and it is “Dead Aid”?

It’s clear that Moyo’s thesis draws from your work. How would you respond to those who assert that her views and yours are idealistic and ideological?

Our critics have not been paying attention to the literature on foreign aid. Our views are neither idealistic nor ideological but rather factual. There are three types of foreign aid: humanitarian relief aid, given to victims of natural disasters such as earthquakes, cyclones and floods; military aid; and economic development assistance. We have no qualms with humanitarian aid, and I am sure our critics would agree that military aid to tyrannical regimes in Africa is the least desirable. Much confusion, however, surrounds the third, also known as official development assistance or ODA. Contrary to popular misconceptions, ODA is not “free.” It is essentially a “soft loan,” or loan granted on extremely generous or “concessionary” terms.

The consensus that emerged decades ago was that foreign aid had not been effective in reversing Africa’s economic decline. Dambisa and I are simply restating a fact. And it is not just Africa. That foreign aid has failed to accelerate economic development in the Third World generally was also accepted. In 1999, the United Nations declared that 70 countries — aid recipients all — are now poorer than they were in 1980. An incredible 43 were worse off than in 1970. “Chaos, slaughter, poverty and ruin stalked Third World states, irrespective of how much foreign assistance they received,” wrote the Washington Post, on Nov. 25, 1999. Except for Haiti, all of the 13 foreign aid failures cited — Somalia, Sierra Leone, Liberia, Angola, Chad, Burundi, Rwanda, Uganda, Zaire, Mozambique, Ethiopia and Sudan — were in Sub-Saharan Africa. The African countries that received the most aid — Somalia, Liberia and Zaire — slid into virtual anarchy.

Is there a fundamental place where you diverge from Moyo?

Though we are both on point regarding the failure of aid programs in Africa, we diverge in two respects.

First, Dambisa wants all aid to Africa stopped in five years, which won’t happen. Over the decades, various African civic groups and persons, including myself, have called for a cutoff of aid to Africa. In a report drafted during a five-day forum hosted by UNESCO in Paris in 1995, more than 500 African political and civic leaders urged donor nations to cut off funds to African dictatorships and called for free elections in such nations within two years. If the West could impose sanctions against Libya and South Africa, then Africans could also call for sanctions against their own illegal regimes.

Second, I believe that the foreign aid resources Africa desperately needs to launch into self-sustaining growth and prosperity can be found in Africa itself, not in China as Dambisa believes.

Moyo’s work speaks to that deep urge among Westerners to “do something” — even something that may be deeply unproductive. What’s a more productive way to “do something”?

I think Westerners should resist that urge to “do something,” because the worst type of help one can receive is that which doesn’t solve your problem but compounds it. If Westerners want to help, they must carefully scrutinize and reform current aid policies to make them more effective. Both the Clinton and Bush administrations tried to but failed. Business as usual is no longer an option, which is what both Dambisa and I are against.

Foreign aid should be tied not on promises of African leaders but to the establishment of a few critical institutions:

+ An independent central bank: to assure monetary and economic stability, as well as stanch capital flight out of Africa. If possible, governors of central banks in a region, say West Africa, may be rotated to achieve such independence. The importance of this institution resides in the fact that the ruling bandits not only plunder the central bank but also use its facilities to transfer the loot abroad.

+ An independent judiciary — essential for the rule of law. Supreme Court judges may also be rotated within a region.

+ A free and independent media to ensure free flow of information. The first step is solving a social problem is to expose it, which is the business of news practitioners. The state-controlled or state-owned media would not expose corruption, repression, human rights violations and other crimes against humanity. In fact, it is far easier to plunder and repress people when they are kept in the dark. The media needs to be taken out of the hands of government.

+ An independent Electoral Commission to avoid situations where African despots write electoral rules, appoint a fawning coterie of sycophants as electoral commissioners, throw opposition leaders in jail and hold coconut elections to return themselves to power.

+ An efficient and professional civil service, which will deliver essential social services to the people on the basis of need and not on the basis of ethnicity or political affiliation.

+ The establishment of a neutral and professional armed and security forces.

The establishment of these institutions would empower Africans to instigate change from within. For example, the two great antidotes against corruption are an independent media and an independent judiciary. But only 8 African countries have a free media in 2003, according Freedom House. These institutions cannot be established by the leaders or the ruling elites (conflict of interest); they must be established by civil society. Each professional body has a “code of ethics,” which should be re-written by the members themselves to eschew politics and uphold professionalism. Start with the “military code,” and then the “bar code,” the “civil service code” and so on. These reforms, in turn, will help establish in Africa an environment conductive to investment and economic activity. But the leadership is not interested. Period.

Effective foreign aid programs are those that are “institution-based.” Give Africa the above 6 critical institutions and the people will do the rest of the job.

Africa is poor because it is not free.

George Ayittey responded to emailed questions from TEDAfrica Director Emeka Okafor and TED.com editor Emily McManus. Download the unedited notes from this interview, an 11-page PDF with reading lists, noted sources, and much more. TED intern Mischa Nachtigal prepared this edited blog post.

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Aristotle: Politics

Aristotle was an ancient Greek philosopherand scientist born in the city of StagiraChalkidice, on the northern periphery of Classical Greece. His father, Nicomachus, died when Aristotle was a child, whereafter Proxenus of Atarneus became his guardian.[3] At seventeen or eighteen years of age, he joined Plato’sAcademy in Athens[4] and remained there until the age of thirty-seven (c. 347 BC). His writings cover many subjects – including physicsbiologyzoologymetaphysicslogic, ethics, aestheticspoetry, theater, music, rhetoriclinguistics, politics and government – and constitute the first comprehensive system of Western philosophy. Shortly after Plato died, Aristotle left Athens and, at the request of Philip II of Macedon, tutored Alexander the Great beginning in 343 BC.

Our purpose is to consider what form of political community is best of all for those who are most able to realize their ideal of life. We must therefore examine not only this but other constitutions, both such as actually exist in well-governed states, and any theoretical forms which are held in esteem; that what is good and useful may be brought to light. And let no one suppose that in seeking for something beyond them we are anxious to make a sophistical display at any cost; we only undertake this inquiry because all the constitutions with which we are acquainted are faulty.

We will begin with the natural beginning of the subject. Three alternatives are conceivable: The members of a state must either have (1) all things or (2) nothing in common, or (3) some things in common and some not. That they should have nothing in common is clearly impossible, for the constitution is a community, and must at any rate have a common place- one city will be in one place, and the citizens are those who share in that one city. But should a well ordered state have all things, as far as may be, in common, or some only and not others? For the citizens might conceivably have wives and children and property in common, as Socrates proposes in the Republic of Plato. Which is better, our present condition, or the proposed new order of society.

Part V
Next let us consider what should be our arrangements about property: should the citizens of the perfect state have their possessions in common or not? This question may be discussed separately from the enactments about women and children. Even supposing that the women and children belong to individuals, according to the custom which is at present universal, may there not be an advantage in having and using possessions in common?

Three cases are possible: (1) the soil may be appropriated, but the produce may be thrown for consumption into the common stock; and this is the practice of some nations. Or (2), the soil may be common, and may be cultivated in common, but the produce divided among individuals for their private use; this is a form of common property which is said to exist among certain barbarians. Or (3), the soil and the produce may be alike common.
When the husbandmen are not the owners, the case will be different and easier to deal with; but when they till the ground for themselves the question of ownership will give a world of trouble.

If they do not share equally enjoyments and toils, those who labor much and get little will necessarily complain of those who labor little and receive or consume much. But indeed there is always a difficulty in men living together and having all human relations in common, but especially in their having common property. The partnerships of fellow-travelers are an example to the point; for they generally fall out over everyday matters and quarrel about any trifle which turns up.

These are only some of the disadvantages which attend the community of property; the present arrangement, if improved as it might be by good customs and laws, would be far better, and would have the advantages of both systems. Property should be in a certain sense common, but, as a general rule, private; for, when everyone has a distinct interest, men will not complain of one another, and they will make more progress, because every one will be attending to his own business.”

How immeasurably greater is the pleasure, when a man feels a thing to be his own; for surely the love of self is a feeling implanted by nature and not given in vain, although selfishness is rightly censured; this, however, is not the mere love of self, but the love of self in excess, like the miser’s love of money; for all, or almost all, men love money and other such objects in a measure. And further, there is the greatest pleasure in doing a kindness or service to friends or guests or companions, which can only be rendered when a man has private property. These advantages are lost by excessive unification of the state. ………. No one, when men have all things in common, will any longer set an example of liberality, or do any liberal action; for liberality consists in the use which is made of property.

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James Madison: The Federalist No. 10 (1787)

James Madison was an American statesman and Founding Father who served as the fourth President of the United States from 1809 to 1817. He is hailed as the “Father of the Constitution” for his pivotal role in drafting and promoting the United States Constitution and the Bill of Rights.

To the People of the State of New York:

AMONG the numerous advantages promised by a well constructed Union, none deserves to be more accurately developed than its tendency to break and control the violence of faction. The friend of popular governments never finds himself so much alarmed for their character and fate, as when he contemplates their propensity to this dangerous vice. He will not fail, therefore, to set a due value on any plan which, without violating the principles to which he is attached, provides a proper cure for it.

The instability, injustice, and confusion introduced into the public councils, have, in truth, been the mortal diseases under which popular governments have everywhere perished; as they continue to be the favorite and fruitful topics from which the adversaries to liberty derive their most specious declamations.

The valuable improvements made by the American constitutions on the popular models, both ancient and modern, cannot certainly be too much admired; but it would be an unwarrantable partiality, to contend that they have as effectually obviated the danger on this side, as was wished and expected. Complaints are everywhere heard from our most considerate and virtuous citizens, equally the friends of public and private faith, and of public and personal liberty, that our governments are too unstable, that the public good is disregarded in the conflicts of rival parties, and that measures are too often decided, not according to the rules of justice and the rights of the minor party, but by the superior force of an interested and overbearing majority.

However anxiously we may wish that these complaints had no foundation, the evidence, of known facts will not permit us to deny that they are in some degree true. It will be found, indeed, on a candid review of our situation, that some of the distresses under which we labor have been erroneously charged on the operation of our governments; but it will be found, at the same time, that other causes will not alone account for many of our heaviest misfortunes; and, particularly, for that prevailing and increasing distrust of public engagements, and alarm for private rights, which are echoed from one end of the continent to the other. These must be chiefly, if not wholly, effects of the unsteadiness and injustice with which a factious spirit has tainted our public administrations.

By a faction, I understand a number of citizens, whether amounting to a majority or a minority of the whole, who are united and actuated by some common impulse of passion, or of interest, adversed to the rights of other citizens, or to the permanent and aggregate interests of the community. There are two methods of curing the mischiefs of faction: the one, by removing its causes; the other, by controlling its effects.

There are again two methods of removing the causes of faction: the one, by destroying the liberty which is essential to its existence; the other, by giving to every citizen the same opinions, the same passions, and the same interests. It could never be more truly said than of the first remedy, that it was worse than the disease. Liberty is to faction what air is to fire, an aliment without which it instantly expires. But it could not be less folly to abolish liberty, which is essential to political life, because it nourishes faction, than it would be to wish the annihilation of air, which is essential to animal life, because it imparts to fire its destructive agency.

The second expedient is as impracticable as the first would be unwise. As long as the reason of man continues fallible, and he is at liberty to exercise it, different opinions will be formed. As long as the connection subsists between his reason and his self-love, his opinions and his passions will have a reciprocal influence on each other; and the former will be objects to which the latter will attach themselves.

The diversity in the faculties of men, from which the rights of property originate, is not less an insuperable obstacle to a uniformity of interests. The protection of these faculties is the first object of government. From the protection of different and unequal faculties of acquiring property, the possession of different degrees and kinds of property immediately results; and from the influence of these on the sentiments and views of the respective proprietors, ensues a division of the society into different interests and parties.

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