Category Archives: Ethics

Circumscribing Gouging = Circumscribing Private Property

Business, Capitalism, Economy, Ethics, Individual Rights, Objectivism, Political Economy, Private Property, Reason

Rights-based arguments are seldom made by members of the media and their guests. In explaining what a (semantic) aberration the term gouging is John Stossel opted to privilege the utilitarian angle. So did his guests.

Like any voluntary exchange of goods, “gouging” amounts to free people exchanging property to which they hold title. Each relinquishes something he values less (money/goods/labor) for something he values more (money/goods/labor).

John Stossel and guests prefer to stick to purely utilitarian economics. That’s the mindset that prevails.

I’d like to hear our side argue for freedom by saying that, whether free markets work or not is secondary to the unalienable, immutable, rights of men. It so happens that—surprise!—upholding the absolute rights of the individual to life, liberty and property works very well. Wealth redounds to all.

Bless Stossel for his efforts to promote economic literacy, over decades. However, I listened to Steve Horowitz last night, and then “muted” when Stossel made the perennial decision that guides the dueling perspectives political panel.

Rather than let Steve enlighten, Stossel allowed the reality denier to hog the stage with a perversion, not a version, of the truth.

“By presenting the public with two competing perspectives—you mislead viewers into believing that indeed there are two realities, and that it is up to them to decide which one is more compelling.”

This positively postmodernist format would be fine were Rome not burning. However, “a Homeric contest is underway in the USA. Rome is burning. Now is not the time to fiddle or to unwittingly defraud the public.”

As I wrote in “More Chris Christie Cretinism*: Outlawing Price ‘Gouging,’” in addition to acting as “the street signs of the economy,” “prices are the prerogative of private property”:

In a free market, the institute of private property ensures that we have prices. “Prices are like a compass: pegged to supply and demand they ensure the correct allocation of resources. Without market prices, supply and demand cannot be brought into balance and, by extension, consumer needs cannot be satisfied. Conversely, in socialized systems there are no prices because there is no private property. Absent such knowledge, misuse, misallocation and mismanagement of capital are inevitable.”

CNN Halloween Ghoul Gloria Borger: Can She Be Humanized?!

Ethics, Gender, Journalism, Left-Liberalism And Progressivisim, Media, Objectivism, Propaganda, Reason

In anticipation of Mitt Romney’s last major speech delivered on Friday, in Iowa, the voter was expected to endure the analysis of one of the most banal brains on TV (and that takes an effort, given the competition):

Gloria Borger.

This bitch (and yes, I’ve not been mincing words lately) has not stopped maligning Romney’s character. As I’ve said repeatedly, Romney’s political philosophy is situated on a continuum of statism, and, as such, is of a piece with Obama’s.

But in his personal life, Mitt’s a lovely man. That is unless the stupid hos who monopolize discourse in the USA no loner like the silent, tall, capable, hard-working, over-achiever.

Romney’s funny too.

Yet Borger, a member of the Bitches for Obama Brigade at CNN, has not shut up about the need to “humanize” Mr. Romney, the premise of which it that the man is inhuman.

Romney’s public persona is a fictitious construct invented by the characters on the liberal cable news stations, with some acquiescence from Republican women. All agree about his stiffness.

Stiff? Sure, Romney is as rigid as the “Mad Man” Don Draper of the eponymous HBO period drama. The good type of rigid.

So here’s what Borger disgorged about the role, in particular, of Ann Romney in rehabilitating her rogue husband:

BALDWIN: “I want to bring back Gloria Borger, because here we are, strategy wise, 11 days left. We’re counting every day. The Romney camp, you know, seems to be featuring more of Mitt Romney, you know, Mitt Romney the man. And you’ve spent quite a bit of time with the woman who’s been instrumental in that, Ann Romney.”

BORGER: “Right.”

BALDWIN: “Tell me more about that.”

BORGER: “Well, Ann Romney has kind of become their secret weapon here. You know that Mitt Romney has a large problem with women voters. Ann Romney is out there now trying to appeal to women.
She’s also sort of been Mitt Romney’s character witness. Because his big problem has been that average voters say he doesn’t care about my problems. He doesn’t understand my problems. He’s too rich. He’s too out of touch. He doesn’t get it.
So Ann Romney’s job, and she’s been pushing for this in the campaign, is to kind of humanize him, open Mitt Romney up and kind of say to people, you know, actually he does care about you. She pushed for more of that. You heard a little bit more of that at the convention. You heard some of that in the debates.
So now his message is two-pronged. Yes, I can talk about the economy, but, yes, I also understand your problems. And we’ll see if more and more people believe that he does, because he runs substantially behind the president when it comes to economic empathy, if you will. And she’s part of that plan to get people to think that he does get it.”

Fareed Zakaria Plagiarizer Is Back

Ethics, Journalism, Media, Morality

CNN’s Fareed Zakaria is back from purgatory. Zakaria had been exposed for the second-hander I’ve long claimed he was—and worse. Front-and-center tonight—opining on the final presidential debate at Boca Raton, Fla.—Zakaria was found to have plagiarized another journalist’s work: the New Yorker’s Jill Lepore.

What’s more, plagiarism is a pattern for Fareed. Dan Amira provides a Zakaria background check, and with it evidence that “… this isn’t even the first time that Zakaria has been accused of taking ownership of another writer’s work.

If you’d imagined that a pathetic excuse for a writer, as is Zakaria, would be run out of town for his transgression—you’d be wrong. You’d be making a dodgy presumption of standards—moral and other.

Despite a pattern of plagiarisms, Zakaria’s employers were content to merely suspend his column for a month. (Someone called Tunku Varadarajan accuses everyone baying for Fareed’s journalistic blood of envy.)

Zombie Zakaria joins another by now infamous CNN friend, Candy Crowley, who helped tilt last week’s presidential debate in BHO’s favor.

What a lineup.

Bottoms Up,* Kate Middleton

Aesthetics, Britain, Celebrity, Ethics, Etiquette, Free Speech, Private Property

She’s a gorgeous girl. She’s also stabler than her late mother-in-law (which, I guess, is not saying much, considering that the dodo Diana was a manipulative neurotic, given to histrionics).

In any event, Kate Middleton, aka The Duchess of Cambridge, will get over the fact that images of her bare breasts and bum are already in circulation, snapped in order to feed the voyeuristic fetish of the average consumer.

Certainly demand-driven, unethical, ugly and maybe even immoral: Hounding this girl wherever she goes is all of the above. But surely only trespassing on private property renders the action of the offending photographer illicit in natural law?!

The topless images of Kate were snapped from “the side of the road between trees, around half a mile away from a chateau,” in the south of France.

Was the photographer trespassing on private property? No report seems to specify. “Invasion of privacy” laws seem to belong to a broadly defined area of law, one that has little to do with the always unmentionable rights of private property.

(Bottoms up* means “here’s to you.”)