The way to do political, rather than cosmopolitical, economy is straightforward: consolidate the national balance sheet, treating the entire nation as a single corporation. Current account deficits then appear as losses. The notorious decay of nations which run a chronic trade deficit appears as a parallel with the notorious decay of corporations which run at a chronic loss.
Similarly, the old mercantilist strategy of accumulating precious metals—much mocked by Adam Smith—appears as no more than the accumulation of retained earnings by a profitable polity.

Cannot we marvel at what the Third Reich achieved, with the knowledge that it was run by a maniac? In the hands of a non-maniac, what might it have done? In the hands of an Augustus, for instance? Well, somewhere in Germany in 1933, there might have been an Augustus or two. Or even three. But Germany in 1933 was a democracy. And that democracy elected not Augustus, not Frederick the Great, not even Kaiser Bill. It elected — Wait. Who did it elect? Gee. I've forgotten already. I hate these migraines. An Austrian, I think. A sergeant? A private first-class? Someone like that. A man of the people, that's for sure. History is so confusing.

[T]he modern world has largely replaced religion, defined as the veneration of paranormal beings, with idealism, defined as the veneration of mysterious universal principles.

Academic politics is a murky and brutal game, and a small finger on the scales can steer it quite effectively, especially over time.

The fundamental historical problem of the current period is why, though we can buy our ideas from any stall in a huge open-air bazaar, they all seem to come from the same manufacturer—exactly as if made in some cathedral. Yet there is no such conspiracy—and certainly no such agency. No person or institution is coordinating the party line.

Limited government is a recipe for corrupting the judiciary.

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Are we really to believe that Marx, on his own, invented the idea that all men are brothers, despite living in a society dominated by a religion whose creed taught exactly that?

If you have a rule that says the state cannot be taken over by a church, […] the obvious mutation to circumvent this defense is for the church to find some plausible way of denying that it's a church.

On a historical timescale, the practical effect of the sovereignty of the press is just to play yet another whack-a-mole game of quis custodiet ipsos custodes. Who watches the watchdog? In the end, this chain must logically terminate in a dog you just… trust. Sovereignty is conserved.

"Not all Muslims are terrorists, but most terrorists are Muslims. Similarly, not all conservatives are cretins, but most cretins are conservatives." - A Formalist Manifesto, (April 23 2007)

A conservative is someone who helps disguise the true nature of a democratic state. The conservative is ineffective by definition, because his goal is to make democracy work properly. The fact that it does not work properly, has never worked properly, and will never work properly, sails straight over his head. He therefore labors cheerfully as a tool for his enemies.

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a foreign traveler in 1864 […] asked some random American to explain the war. "It's the conquest of America by Massachusetts," was the answer. Massachusetts, of course, later went on to conquer first Europe and then the entire planet, the views of whose elites as of 2007 bear a surprisingly coincidental resemblance to those held at Harvard in 1945.

Most people in the West don't think their entire system of government is fundamentally, irreparably corrupt. Nor did most people in the Soviet Union.

Until there's an election in which one box is a clear mandate for abolishing the New Deal, if not Washington itself, democratist conservatives are wasting time and annoying the pig.

[T]he ruling caste are the people who say "we" when they mean "the government". The ruled castes always say "they".