Was the Real Wild West one of “Institutional Entrepreneurs”?

I don’t read much lately, but my more libertarian daughter listens to Hoover & Cato podcasts.  She mentioned one on The Not So Wild, Wild West: Property Rights on the Frontier  So I ordered the book. I don’t know much about economics but have come to admire economists because they so aptly describe human nature, and often give arguments for wise institutions. The authors argue that “entrepreneurs of institutions” helped make life relatively orderly on the frontier. For instance, one maximized the profits and minimized the costs by ensuring Abilene was railhead, where the cowboys ended their long contracts of driving the cattle and the railroads took them east. But often it wasn’t a “middleman” as much as the consensus of a group, as they set out in wagon trains or obtained mining rights.

Read more

The Big Middle Finger

Honestly, that is the only way that I can account for the out-of-completely-left field popularity of Donald Trump. He is not a notorious small-government libertarian like the Koch brothers, or has any previous political interests of any stripe to recommend him particularly; not even any detectable small-government, free-market and strict Constitutionalist Tea Party sympathies to recommend him.  If anything, he has always appeared to me as one of those big, vulgar crony-capitalist, unserious reality-TV personalities; the epitome of vulgar architectural bad taste and in blithely using his money and influence to cheerfully run over anyone who got in his way. His campaign at first seemed to be a particularly tasteless joke – a grab for publicity on the part of a flamboyant personality who never seemed to get enough of it, in a bad or a good way. So – all props for having the sheer brass neck to start playing the game, and playing it with calculated skill.

Read more

My Pathetic Vote in Illinois Is Now the Hottest Ticket in Town

Due to the fact that I live in Illinois which has been carved into districts to ensure Democratic majorities, my vote is mostly useless or a protest vote at best. I wrote about gerrymandering here and the fact that perhaps I live in the most ruthlessly gerrymandered district in the nation (and that is no small feat), the fifth Illinois house district, with our current representative, Ken Dunkin.

Recently I have been receiving a series of mailings for Ken Dunkin’s re-election, which is hotly contested. Currently in Illinois, the Democrats technically have a super-majority, meaning that they can unilaterally issue a budget (more or less) and raise taxes. However, not every Democrat “falls into line” with Mike Madigan, the speaker of the Illinois house, who is the true leader of the Democratic party in Illinois. Rauner is looking for Democrats who might listen to his message of reform or for some reason or another be amenable to working constructively with him (don’t want to speculate too long on why this might be, but you can probably jump to your own conclusion). Dunkin refused to show up for a vote that Madigan thought was crucial in September and conspiracy theories have him aligned with Rauner.

Per this article from the Chicago Tribune:

More than $2 million, an unprecedented sum for a legislative primary contest, could be spent between Dunkin, who has allied himself with Rauner against Madigan, and Stratton, who is backed by organized labor.

This is a ridiculous amount of money to spend on a primary race for a house seat for the Illinois legislature. Given the Democratic machines’ hold on this part of the city, it is accepted as a “given” that the Democratic candidate will win so all of the efforts go into the primary.

Thus my vote is now a precious commodity. Seemingly every day I get a giant, colorful, nearly insane flyer in the mail with the two candidates attacking each other. Here is a flyer stating that Ken Dunkin was convicted of abusing women and is unfit for office.

Read more