Category: News and Events

After every electoral defeat—whether suffered by Republicans or Democrats—a period of hand-wringing and soul-searching inevitably develops in the days and weeks after the election. Journalists and politicians take to print to explain “What went wrong” and “Here’s what should be done differently.” Although the solutions are almost always what the pundits were saying before the election, the exercise in self-reflection is, on the whole, a much needed corrective. But too often the advice tends to be of the always terrible, “We should be more like the party that won.”

A prime example is an article today by Wick Allison, publisher of The American Conservative. Allison voted for Obama in 2008 and hinted that he would do so this year too. So it probably shouldn’t be surprising that that his economic solution looks similar to what President Obama would endorse.

Allison says that the “Republican Party can appeal to ‘Judeo-Christian values’ as long as the sun shines and their voices hold out. But they’ve abandoned the most basic moral value of all: fairness.” While he may have a valid point, Allison muddies the argument by his misunderstanding of both taxation and fairness:

(more…)

Writing on The Corner over at National Review Online, Acton Research Director Samuel Gregg points to the election and, refreshingly, tells us that, “I’m not one of those who, in recent days, have seemed inclined to indulge their inner curmudgeon, apparently convinced that it’s more or less game-over for America and we’re doomed to Euro-serfdom.”

Gregg, author of the soon-to-be-released and available for pre-order Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future (Encounter Books, January 2013), explains why there are, still, important differences between Eurotopia and the United States. For one thing:

… the strength and persistence of private entrepreneurship continues to substantially differentiate America’s economic culture from that of Europe. America remains ahead — and, in some areas, continues to pull ahead — of most of Europe when it comes to private innovation. As noted in a World Bank report earlier this year, the elements that fuel innovation, such as ease in obtaining patents and availability of venture capital, continue (at least for now) to be far stronger in America than in most of Europe.

The same report specified that it is young firms driving innovative growth in America. Among America’s leading innovators in the Industrial R&D Investment Scoreboard, more than half were created after 1975. They include firms such as eBay, Microsoft, Cisco, Amgen, Oracle, Google, and of course Apple. By contrast, only one in five leading innovators in Europe is young. In America, young firms make up an incredible 35 percent of total research and development done by leading innovators. Their European counterparts account for a mere 7 percent in the old continent. That’s great news for America and a major headache for Europe over the long term.

Read “Are We all Europeans Now?” by Samuel Gregg on NRO.

Peter Lawler, Dana Professor of Government at Berry College, has written a piece at Ethika Politika urging those upset by last week’s election results to be calm and take a deep breath. First, Lawler says we have to understand that there are small political parties and great ones.

Great parties are parties of high principle.  Their dominance on the political stage has the advantage of bringing great men into political life.  They have the disadvantage of rousing up animosity that readily leads to war.  So great parties make great men happy and most men miserable…

Democracies, however, hardly ever have great parties.  Most of the time our parties are coalitions of diverse interests and short on clear and divisive principle.  Politicians make petty appeals to ordinary selfishness, and people vote their interests.  The bad news is that great men are repulsed by the small stakes and contemptible motives of political life, and so they stay away from it.  The good news is that the outcomes of elections aren’t so important, and people aren’t roused up to take to the streets or grab their weapons.  The winning candidate and party is the one that most effectively builds a majority coalition of diverse interests, and the losing candidate and party end up acknowledging that, most of all, it got outhustled.

The problem, as Lawler sees it through Tocquevillian glasses, isn’t one party winning over another or one candidate leading by shining example. No, the problem is that America is now obsessed with individualism. We don’t care much any more what is best for all, but merely what is best for me. I want what I want, damn the consequences.

I think Tocqueville would conclude his observations by noticing what’s changed the most since the America he wrote about is the breakdown of the religious-based American consensus on the limits of self-obsessive individualism.  His America was all about chastity, marital fidelity, what’s best for children, and common moral duties.  This consensus has broken down, and the resulting devolution of marriage into a contractual entitlement devoid of real duties or even duration is the real cause of the growing acceptance of same-sex marriage.  The question posed by gays is roughly this:  Given how little marriage really means under the law these days, you have no right to exclude us from its benefits, which have become mainly symbolic.

Read “Tocquevillian Reflections on the Meaning of the Election” at Ethika Politika here.

I recently talked to one of Italy’s leading classical liberal scholars, Prof. Nicola Iannello, regarding the outcome of this week’s U.S. presidential elections.  

Prof. Iannello, a devotee of classical liberalism and Alexis de Tocqueville, is an Italian journalist, international lecturer with Istituto Bruno Leoni, and chair of the Einaudi Foundation’s Austrian School of Economics course for Roman university students. Prof. Iannello has published several widely read academic articles on Friedrich Hayek, Murray Rothbard, Ludwig von Mises, and Frédéric Bastiat, among other pro-liberty European intellectuals.

(more…)

Blog author: jcarter
Friday, November 9, 2012
By

Mitt Romney may have lost to Barack Obama but his was not the biggest loss of the election—at least not economically. Despite the millions the GOP spent to elect their candidate, the real economic losers of the 2012 election, as Joel Kotkin explains, are entrepreneurs:

The real losers are small business owners, or what might be called the aspirational middle class. The smaller business — with no galleon full of legal slaves pulling for them — will face more regulation of labor, particularly independent contracting. There will be more financial regulation, which is why Romney’s top contributors were all banks.

Small businesses will also face challenges associated with Obamacare, which now will sail on unchallenged. Health care costs are expected to go up 6.5% per employee. Some 58% of businesses say they will shift the costs to their employees. Many owners will face a higher individual tax bill: couples making $250,000 or more and singles making $200,000 or more will pay a 3.8% Medicare tax starting 2013.

All this is troubling, as American start-up rates are already falling. Much of what happens now occurs not from a great hunger to succeed as a desire to maintain. Outside of the inherently entrepreneurial immigrant classes, the only group of Americans starting business more than before are the fifty somethings and above. Many of these may simply be former employees of larger firms, now doing work sometimes in the same industry and even for the same company.

Read more . . .

Blog author: jballor
Friday, November 9, 2012
By

Article: “The Ethics of Digital Preservation”
Peter Johan Lor and J.J. Britz. “An ethical perspective on political-economic issues in the long-term preservation of digital heritage.” Journal of the American Society for Information Science and Technology 61, no. 11 (November 2012): 2153-2164.

The article provides an overview of the main ethical and associated political-economic aspects of the preservation of born-digital content and the digitization of analogue content for purposes of preservation. The term “heritage” is used broadly to include scientific and scholarly publications and data. Although the preservation of heritage is generally seen as inherently “good,” this activity implies the exercise of difficult moral choices. The ethical complexity of the preservation of digital heritage is illustrated by means of two hypothetical cases. The first deals with the harvesting and preservation in a wealthy country of political websites originating in a less affluent country. The second deals with a project initiated by a wealthy country to digitize the cultural heritage of a less affluent country. The ethical reflection that follows is structured within the framework of social justice and a set of information rights that are identified as corollaries of generally recognized human rights. The main moral agents, that is, the parties that have an interest, and may be entitled to exercise rights, in relation to digital preservation, are identified. The responsibilities that those who preserve digital content have toward these parties, and the political-economic considerations that arise, are then analyzed.

(more…)

On Dec. 7, Rev. James V. Schall, S.J., will deliver his last lecture at Georgetown University in Washington as he prepares for retirement. A great friend of Acton, Rev. Schall will be speaking in Gaston Hall in a lecture titled “A Final Gladness.” A good turnout is expected so register in advance by contacting Utraque.Unum@gmail.com by Nov. 28.

To see an archive of Rev. Schall’s Acton articles, please go to this link.

From his Georgetown bio:

Father Schall’s interests include classical and medieval political philosophy, natural law, Christian political philosophy, and the nature of political philosophy. His books include: Reason, Revelation, and the Foundations of Political Philosophy; Another Sort of Learning; At the Limits of Political Philosophy; Jacques Maritain: The Philosopher in Society. He also writes two columns, “Sense and Nonsense,” in Crisis magazine and “Schall on Chesterton,” in Gilbert!.