A tremendous amount of the entrepreneurial initiative, if you want to call it that, comes from the dynamic state sector on which most of the economy relies to socialize costs and risks and privatize eventual profit. And that’s achieved by, if you like, advertising.
Even in the 1950s, President Eisenhower was concerned about what he called a campaign of hatred of the U.S. in the Arab world, because of the perception on the Arab street that it supported harsh and oppressive regimes to take their oil.
One of the best predictors of policy around is Thomas Ferguson’s investment theory of politics, as he calls it – very outstanding political economist – which essentially.
There’s a lot of fuss on the Left about election irregularities, like, you know, the voting machines were tampered with, they didn’t count the votes right, and so on.
If you’re working 50 hours a week to try to maintain family income, and your children have the kinds of aspirations that come from being flooded with television from age one, and associations have declined, people end up hopeless, even though they have every option.
Every time there has been an effort by the Haitian people to overcome the misery and poverty that comes from 200 years of bitter attacks, really bitter, the U.S. steps in and blocks it.
It is also a course of action that strikes a blow against the regime of international order, but which offers the weak at least some protection from predatory states.
So slavery, for example, or other forms of tyranny, are inherently monstrous. The individuals participating in them may be the nicest guys you can imagine.
