ARE WRONG ON IMMIGRATION. AND IF THEY”RE RIGHT, PROGRESSIVES ARE RIGHT ON DEBT.

http://cafehayek.com/2013/07/thomas-sowell-and-immigration.htmlLIBERTARIANS ARE WRONG ON IMMIGRATION. AND IF THEY”RE RIGHT, PROGRESSIVES ARE RIGHT ON DEBT.

(How do you like that one?)

Reposted from Comments on Cafe Hayek.

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ACK. POSITIVISM.

How do we measure the cost to current political friction?

How do we measure the cost of the decline in property rights?

How do we measure the cost of the decline in the rule of law?

How do we measure the cost of the decrease in the civic society?

How do we measure the opportunity cost of what might have been?

How do we measure the cost of the decline of the nuclear family?

How do we measure the cost of declining trust due to diversity?

I can generate constant economic growth by conducting two centuries of constant warfare, while increasing credit loads predicated on the ongoing success of that warfare. So what?

How many unmeasured costs of normative, social, and institutional capital are absorbed by immigration?

I can’t take the time address this problem other than to just make a very long list. To which the ONLY response by libertarians would be correlative empirical nonsense. There is no reason if these intangibles PRODUCE the high trust society and the rule of law, that their sacrifice isn’t a COST that undermines the high trust society and the rule of law.

After all, the production cycle of high trust norms it looks like, is from 200-700 years, and the production cycle of an economy is months or years. I mean, just how IRRATIONAL is it to measure the NOISE generated by profit, loss and GROWTH, instead of the SIGNAL of social and human capital? I mean, how absolutely ridiculous… it’s essentially numerology – attributing magical properties to numbers, and falling into the vapid positive error of INDUCTION.

IMMIGRATION IS NOT AN ABSOLUTE GOOD and ECONOMIC MEASURES are contrary indicators of the growth of normative, social and human capital.

If positivism on this scale is right, then the progressives are also right. All you do is confirm the idiocy of the Krugman-Stigliz-Delong left. And their goal is not economic -it’s political. It’s to undermine the aristocratic high trust society and replace it with the totalitarian equalitarian state.

Sigh. It’s no wonder that we lose the ideological battle with even the conservatives. At least they understand it even if they speak in allegorical terms.

Exasperating.