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Study: States with Economic Liberty Benefit; States Without Economic Liberty Suffer

in Economic Liberty, Liberator Online Archives by James W. Harris Comments are off

(From the Intellectual Ammunition section in Volume 19, No. 23 of the Liberator Online. Subscribe here!)

A just-released study shows that U.S. states with economic liberty benefit greatly from it, while residents of states with less economic freedom suffer badly from the lack of it.

Economic Freedom of North America 2014 is an annual report by Canada’s Fraser Institute that measures levels of economic freedom, and thus economic opportunity, in the 50 states (as well as Canada and Mexico).

Economic Freedom of North America 2014The report defines “economic freedom” as “the ability of individuals to act in the economic sphere free of undue restrictions.”

Elaborating on that: “The freest economies operate with minimal government interference, relying upon personal choice and markets to answer basic economic questions such as what is to be produced, how it is to be produced, how much is produced, and for whom production is intended. As government imposes restrictions on these choices, there is less economic freedom.”

The report shows that economic liberty has clear, measurable, dollars-and-cents benefits, writes study co-author Dean Stansel in the Washington Examiner:

“States that have low taxation, limited government and flexible labor markets enjoy greater economic growth, while states with lower levels of economic freedom suffer from reduced living standards for families and less economic opportunity.

“In the three most-free states (Texas, South Dakota, and North Dakota) average personal income is about 20 percent higher than in the three least-free states (Maine, Vermont, and Mississippi) — approximately $48,000 versus $40,000. And the unemployment rate is more than seven percent in Rhode Island (45th) versus about four percent in nearby New Hampshire (5th).

“Furthermore, cities in low-freedom states like California (43rd), Michigan (37th), and Rhode Island have made headlines in recent years for declaring bankruptcy, whereas cities in high-freedom states like Nebraska (5th), Texas, and the Dakotas, have seen incomes and their tax bases expand.

“In the top ten states, total employment grew by roughly 3.5 percent, while it has barely budged in the bottom 10. Over that same period, the economy grew more than eight percent in the top 10, but only by about two percent in the bottom 10.”

Concludes Stansel:

“The research is clear: Where economic freedom is high and rising, the number of jobs is expanding and the economy is vibrant and growing. Where it’s low and declining, the economy is stagnant, limiting opportunity and quality of life for residents of those states.

“Big, costly government at the expense of the people doesn’t work. It leads to economic decline. In contrast, expanding economic freedom increases economic opportunity and provides the path to economic prosperity.”

The report ranks economic freedom along a scale of 1 (lowest) to 10 (full economic liberty). This brings a warning: “Historically, economic freedom has been declining in all three countries. Since 2000, the average score for Canadian provinces on the all-governments index has fallen from 7.8 to 7.6; the number for U.S. states was 8.2 to 7.5.”

The Economic Freedom of North America study is an offshoot of the Fraser Institute’s acclaimed Economic Freedom of the World index, the result of a quarter century of work by more than 60 scholars including three Nobel laureates.

They Said It… With Congressman Dana Rohrabacher, Jonathan Gruber, and More

in Liberator Online Archives by James W. Harris Comments are off

(From the They Said It section in Volume 19, No. 21 of the Liberator Online. Subscribe here!)

RE-LEGALIZE MARIJUANA, SAYS GOP CONGRESSMAN:
Congressman Dana Rohrabacher“The fundamental principles are individual liberty, which Republicans have always talked about; limited government, which Republicans have always talked about; the doctor-patient relationship, which, of course, we have been stressing a lot about lately; and of course, states’ rights. … It is counterproductive to the people of this country to have our limited resources — we’re $500 billion in debt every year — to put in jail someone who is smoking a weed in their back yard, or especially for medical purposes. It is a total waste of resources. … To my fellow Republicans, this is going to help you politically. If I can’t appeal to you on your philosophical nature, come on over for just raw politics, the numbers are going this way now.” — U.S. Congressman Dana Rohrabacher (R-CA), former Reagan press secretary and speech writer, quoted in the Washington Post November 14, 2014.

OBAMACARE PASSED BECAUSE AMERICANS ARE “STUPID,” SAYS OBAMACARE Jonathan GruberCRAFTER:
“If you have a law that makes explicit that healthy people pay in and sick people get money, it wouldn’t have passed. … Lack of transparency is a huge political advantage. And basically, call it the ‘stupidity of the American voter’ or whatever, but basically that was really, really critical to getting the thing to pass.” — Obamacare architect Jonathan Gruber, who was paid nearly half a million dollars to help craft Obamacare, in a 2013 video that surfaced this month.

WHERE IS THE ANTI-WAR LEFT? “Hundreds of airstrikes, over 3,000 soldiers deployed, and a request for $5.6 billion is a war, folks. Had President Mitt Romney just doubled our military presence in the Middle East and launched airstrikes that even the Kurds and the Free Syrian Army have criticized, the reaction would have been entirely different from liberals throughout the country. We once again have over 3,000 American boots on the ground in Iraq (without a peep from the anti-war left)…” — journalist H. A. Goodman, “I’m a Liberal Democrat. I’m Voting for Rand Paul in 2016. Here Is Why,” Huffington Post, Nov. 17, 2014.

YET ANOTHER DUMB WAR: “For most of this century, we’ve been fighting wars to enhance our security, and each time, we find ourselves with more enemies and less security. By now it should be clear that is not a coincidence.”— syndicated columnist Steve Chapman, “The U.S. Goes to War Without a Clue, Again,” November 6, 2014.

Buckley for Senate

in Liberator Online Archives, Libertarian Party by James W. Harris Comments are off

(From the Intellectual Ammunition section in Volume 19, No. 12 of the Liberator Online. Subscribe here!)

John BuckleyOne of the most famous family names in American political history is once again on the ballot and in the national news.

John Buckley — cousin of the renowned late conservative icon William F. Buckley and former U.S. Senator James L. Buckley — is running an active campaign as Libertarian Party candidate for U.S. Senate in West Virginia.

And he’s already drawing significant national attention. The Washington Post recently described his campaign as one of seven U.S. senate races in which a Libertarian Party candidate could win enough votes to affect the outcome of the election, thus forcing the campaigns of both older party candidates to seriously consider supporting libertarian positions if they want to win.

Said the Washington Post: “John Buckley knows something about winning political races. He’s a former state legislator in Virginia, and a former employee at the American Conservative Union, the Cato Institute and the Law and Economics Center at George Mason University.” He’s also a past National Chairman of Young Americans for Freedom and has worked for the Institute for Humane Studies and the National Tax Limitation Committee.

At his campaign website he sums this up: “All through my life, I’ve worked to promote freedom and prosperity.” His lifetime of political experience, he says, soured him on the Republican Party as a vehicle for liberty and led him to the Libertarian Party.

Buckley tells more about his background and beliefs at his Facebook page:

“I turned 60 in 2013 and, with what I see happening under the presidency of Barack Obama (and even the astonishing growth of government under President George Bush), I want to do my part to try to turn America around. We need less government, not more!

“I have also realized that principles of limited government should be applied across the board, not just as to taxes, spending, and economic regulation, but to personal, ‘lifestyle’ decisions as well. Thus, I favor drastically lowering the level of federal government taxes and spending, embracing Second Amendment gun ownership rights, and respecting private property;

“I also support the legalization of marijuana (common sense tells us it’s time to end the ruinously expensive, counterproductive, and failed ‘War on Drugs’), same-sex marriage, and ending Big Brother’s snooping and spying on American citizens.

“Most Americans don’t like being told what to do and don’t relish telling others what to do, either. The American way is ‘live and let live.’ We may not like the decisions our friends and neighbors make, but we express our moral suasion voluntarily (through churches and family and other peaceful expressions of community standards), not through laws and dictates.

“We certainly don’t like politicians, and especially not Congress or whoever is president, telling us what to do. Whether it’s fluorescent light bulbs, ‘Big Gulp’ sodas, how we run our businesses, how we choose to meet the moral obligation to help our neighbors in need, the curriculum of our children’s schools, our right to keep and bear arms, what we smoke or drink, who we can love or the terms of our health-care.

“I am in favor of liberty — that’s what ‘Libertarian’ means, favoring liberty. It’s the American way of life, but I’m afraid the principles of liberty have been largely abandoned under mainstream Republicans and Democrats. Let’s reclaim the greatness of the American system of limited government. I’ll hope you’ll join me in this campaign.”