Quote of the Day

Home Builders Say Federal Loan Limits Shut Out Many Buyers (WSJ):

One of the hallmarks of the housing recovery has been the historically low level of new-home construction, particularly at lower price points attainable for first-time buyers. Although a wide range of factors are at play, from slow wage growth to higher regulatory costs, builders say the FHA limits in many markets are shutting out potential buyers.
 
The challenge is particularly acute in California, which has the nation’s highest upfront fees for new construction, according to housing-research firm Zelman & Associates. Fees to pay for roads, sewers, schools and other infrastructure in California markets average between $40,000 and $72,000 per home, according to the firm’s research, compared with an average of $2,600 in Houston. [emphasis added]

Public Policy As Fashion

Thomas Sowell notes, again, the failure of leftist policies to achieve their intended results:

If the left chooses to believe that government intervention is the answer to such tragedies, that is their right. But, if they expect the rest of us to share that belief, surely they could subject that belief to some empirical test. But we can, however.
 
The 1960s were the triumphant decade of those who wanted government intervention to “solve” what they called “social problems.” How did that work out? What were things like before this social vision triumphed? And what were things like afterwards?

The failures of the Left to correlate cause and effect, even to remember how things used to be, in relation to leftist govt policies are legion. Thus leftists advocate War on Poverty-type programs as antidotes to problems that became worse after the original War on Poverty. Similarly and classically, leftists have favored rent control laws as remedies for housing shortages in cities such as NYC where housing shortages did not exist before rent control. And they defend, or at least have a soft spot for, the Castro dictatorship even though pre-Castro Cuba was relatively much more free and prosperous. It’s difficult to hold leftist views if you see govt policies as subject to empirical validation. In that case you ask the right question: Did things get better or worse after X? But it’s easy to hold such views if you see politics as fashion or a means of engaging in virtue-signalling. Then the question becomes: What are the popular opinions among today’s in-crowd?

Being a follower of clothing fashions is harmless. Being a follower of opinion fashions is personally corrupting and harmful to others, especially as government becomes larger and more intrusive.

Worthwhile Reading and Watching

Makeup, mate choice, and political philosophy…an interesting piece by Sarah Hoyt.

Historical ignoramuses at American universities.  A professor has been quizzing his students for 11 years concerning their knowledge of some basis fact, and the trend is not positive.

Crybullies at Smith College…a student reports:

During my first days at Smith, I witnessed countless conversations that consisted of one person telling the other that their opinion was wrong. The word “offensive” was almost always included in the reasoning. Within a few short weeks, members of my freshman class had quickly assimilated to this new way of non-thinking. They could soon detect a politically incorrect view and call the person out on their “mistake.” I began to voice my opinion less often to avoid being berated and judged by a community that claims to represent the free expression of ideas. I learned, along with every other student, to walk on eggshells for fear that I may say something “offensive.” That is the social norm here.

The dark art of political intimidation.  A video by Kimberly Strassel.

Seth Barrett Tillman: The European Parliament’s 2016 Sakharov Prize for Freedom of Thought

Excerpt:

I suspect there is no General James Longstreet Prize, and if someone asked me if such a prize should be created, I would say “no”.
 
There is no Rommel Prize, and if someone asked if such a prize should be created, I would say “no”. (And—just to be clear—I am not comparing Longstreet and the Confederacy to Rommel and Nazi Germany.)
 
There is a Sakharov Prize, and if someone had asked me prior to its creation whether it should be created, I hope I would have had the moral clarity to say “no”. There were and there are other people in Europe and elsewhere who this prize could have been named for: persons who were not quite so morally ambiguous. E.g., Average people—people who were not heroic or even particularly bright. Perhaps it could have been called the Ivan Denisovich Prize. It speaks volumes about the modern European zeitgeist that a major prize is named for Sakharov, but the founders of NATO—which protected Europe from Sakharov’s warheads—remain largely unknown. It goes without saying that the American taxpayer who paid for Europe’s defence (and who continues to do so) is entirely lost from sight. Europe’s cosmopolitan transnational elites much prefer believing that the years of peace and plenty were their creation, as opposed to their being the beneficiary of American good will beyond their control.

Seth’s argument is well worth reading in full.

Seth Barrett Tillman: Trump, Confirmation Bias, and the Rule of Law

Trump is the first presidential candidate of my lifetime who has been regularly criticized for making public statements conforming to rule of law principles. Part of the confusion in the minds of his many critics arises from simple confirmation bias. But another part comes from an inability of his critics to plainly discuss what they mean by the rule of law. No doubt much of it is simply disagreement with the man’s over-the-top style and his political orientation—but normal disagreement about political principles, absent clear on point evidence, ought not lead to claims that one’s opponent is a threat to the rule of law.
 
So what is the “rule of law”? Unfortunately, there is no simple answer to that query. I well remember my graduation from law school. A thoughtful fellow behind me said, as we waited on line to receive our degrees: “Seth, after three years of law school, as far as I can tell, the rule of law is what a prosecutor says is at risk if he loses a criminal case heard by a jury.” That answer of convenience will not do. Other people fill in the rule of law with all good and noble principles: the rule of law is human rights, separation of powers, democracy, etc. This approach is not helpful either, for even if the virtues of these other principles were contestable, their content and optimal scope remains deeply contested.
 
Without attempting to fully define the rule of law, I will put forward some minimal necessary (but not sufficient) conditions associated with the “rule of law”. A person’s conduct is inconsistent with the rule of law, if he knowingly disobeys established law without seeking a change in the law from the legislature (including referenda where permitted by law) or validation of his specific conduct from the courts. On the other hand, a person’s conduct is consistent with the rule of law, if he obeys the judicial orders of lawfully constituted courts, and if he obeys the rules associated with the conduct of litigation in those courts.*

Read the rest.