Anti-vax backlash

Two rules to contemplate for the new year:

1. Never fool with mother nature, she will win.
2. Frequently conspiracy theories have no merit, you should be skeptical always, especially when there is good evidence that contradicts the theory.

Good advice, I think. Sadly the photo left tells a different story. The photo suggests that someone associated with the liberty movement is against vaccination, all vaccination I guess. This is troubling. Certainly the person in that picture has a right to voice an opinion, right or wrong. But blanket generalizations like that do not put libertarians in a good light. The man holding the sign is doing a disservice to the cause of liberty and perpetuating a myth. And both are dangerous. "Say no to vaccine" flies in the face of over 200 years of evidence, it's a stupid, stupid statement. I'm not about to defend the practice of vaccination here, if you are interested in finding out some information from someone other than Alex Jones, then go here.

Its easy to dismiss the tremendous evidence that very few people in the Western world get sick or die from the numerous diseases that don't seem to be making people sick or killing them anymore. The diseases are no longer a problem, most people are immune to them because of vaccinations. But the diseases are still out there, people are still infected, the causative microbes still get passed around. Very few people show symptoms because their immune systems are able to fight the microbes off due to previous vaccination That's how we know the vaccines work. What happens if people refuse vaccinations, like my liberty minded friend above?

In recent years vaccinations have become associated with childhood autism, there is no evidence to support this. Young children get numerous vaccines through their early years. Autism is behavioural disorder that doesn't manifest itself until children are 12 months to 4 years old. Parents look for a cause and point to vaccination because autism and vaccinations are correlated. But correlation is not causation, and I repeat there is not supporting evidence. On the contrary, there is much written against. But worried parents have taken the precautionary principle to heart, and refused certain vaccinations. The results are predictable as you can see here, here, and especially here.

Be skeptical, but be smart.      

The future? "Better in some ways, worse in others."

"The story that was widely accepted in the 1960's.....strong central government and central planning.....is much less believable now, than it was then." David Friedman 

Good news: "the use of force is going down"

"Libertarianism is based on a single ideal, the non-aggression principle, so libertarian rhetoric tends to be remarkably consistent." Mary Ruwart

A new understanding of why money and democracy don’t mix well.

Of the many events that happened in November 2012, one of them was the first Toronto Austrian Scholars Conference. The conference was held by the Mises Institute of Canada, whose mission is to educate the public to the importance of placing human choice at the centre of economic theory.

One of the featured speakers at this conference was Assistant Vice-Provost of the University of Guelph-Humber and Program Head of Business, Dr. George Bragues. My daughter interviewed Dr. Bragues, and here is what she wrote. This originally appeared here.

If democracy needed only to be viewed through a moral lens, Dr. George Bragues, would have many good things to say. “Equality is the moral pivot of the whole democratic regime. And in many ways, a very noble aspect of it,” he says.

But enter a financial lens, and the picture becomes clouded with contradictions.

Money in a democracy is an affair of the State; the State prints the money, and oversees its supply. But in a democracy, the State is also voted in by the many. This naturally brings political incentives into the picture – and more than that, the necessity to please the many in order to win their votes.

“Given the moral climate democracies tend to foster, and given the incentives that politicians face to get votes – politicians tend to be inclined toward deficit spending,” says Dr. Bragues. He explains: “Democratic politics becomes a bit of a bidding war, where politicians tend to outbid one another in an ‘I can offer you that’ manner in order to win a majority. But never is there talk about how it will be paid for. In a democracy, the cost of public goods always appears cheaper than they really are to the voter,” he says.

Once politicians are faced with deficits, Dr. Bragues explains the three options from which they have to choose: “One – you can cut spending, which is not very popular. Two – you can increase taxes, which is difficult from a political standpoint. Three – you can just print more money.”

Dr. Bragues says it is this third option that is often the chosen route, given the innate realities of a democracy. But to take this one step further, Dr. Bragues adds that printing more money leads to its devaluation. Soft money, as it is otherwise known.

Here comes the part where Dr. Bragues prefaces his thoughts with “I hope I don’t sound pessimistic.”

“Soft money raises serious moral questions.”

He argues that certain virtues become undermined with soft money, ultimately and inevitably leading to a moral decline. “What ends up happening is one part of society uses another part. The people who profit more from a soft money regime gain at the expense of those who get hurt by it.”

“So – are you really treating everybody equally? Or is the political regime just helping one part of society to gain at the expense of another?”

Here is Prof. Bragues in his own words at the conference: