Method and Madness

I would debunk this article by Paul Krugman, except I smell too much evidence that mainstream Conservatives feel a compulsion to provide Cover to extremist elements. Fear Mongering always have had a difficult time divorcing from Extremism, the old Pot calling the Kettle black, due to the fact that they are painted with the same brush. It is actually as prevalent among Liberals, who could never seem to denounce Communists–or even Stalinists. The only effective curative to separate the Majority from the fringe elements remains Good Manners among the Majority. The only failure such behavior has had was in pre-WWII Japan, which was actually Bad Manners because it was a corruption of the Samurai ideal. It might be the resultant of Yellow Journalism, but that is only an Effect, not a Cause; the thirst for Ratings can be conducted without Pandering to the malignant. What is known is that it has absolutely nothing to do with Coalition building, which it has always failed to accomplish; noting the radicalism of the Abortion movement on the Right, and manic Demands for universal health care on the Left; neither will attain any good End, because Each insists on a political solution which is unpalatable to the Majority. Extremists cannot define the difference between Exhortation and Violence; Moderates cannot perceive the distinction between Extremism and Support.

It is around this Point that I start to lose my own ability to discern between Extremism and Moderation. I watch the Expenditure pattern of the federal government, and start to develop a Ninja attitude. It really bothers me because I know it will eventually lead to Property-holders losing either their Property, or their Currency. Either Case is going to lose them their ability to aggregate Profits and Wealth from Property, a circumstance which possesses a horrid detrition for the Work Ethic. The situational element I find most disturbing lay in the fact that the major component opposing fiscal responsibility is actual Business itself, which demands lucrative Government contracts, while being equally resistant to Taxation of itself. Repetitions of the revenue-neutral theme of taxation makes me dream of an effective Secret Police force. We find it so difficult to maintain a sense of balance under Population congestion.

Tyler Cowen appears to suffer the same element debris as I, trying hard to place some importance on the economic calculations of past years. I feel much as does Russ Roberts, thinking that nothing has been settled in Economics since Ricardo. I remember an argument I had with a previous Instructor, who advocated non-ending issuance of Treasuries; One who is probably embarrassed Today, as he likely has a Cato preference philosophy. Another Professor discounted an entire regression because he would not truncate the tails of a Bell Curve Spot graph; insisting a valid regression must work in all cases. I don’t know anymore, except that I wound up here because of reading too many homework assignments. lgl