Saturday 20 June 2015

" 'It's the rules, Terry' ".

From here.

I quote:

"Europe claims to be a rule-based organisation. But however else the eurozone is run, it is not run strictly according to its own rules."

Y'see, people, and particularly non-Common Law jurisdictions see 'rules' as the way to run things.  That is that Liberty is something that the State 'provides'.  Whereas Common Law jurisdictions see the state as preserving and extending natural liberties.  That is we are all fundamentally free. The Libertarian 'self ownership' thingy.  

And the trouble with 'rules' based jurisdictions is (a) there can never be enough rules as societies and economies are too complex for rules to be drafted to cover every eventuality and development - who could have written a 'rule' for UBER say?  Which  (b) leads to endless gaming and manipulation of the 'rules' by the citizens, and also, tellingly, the governments that set the rules.  As the article also remarks:-

“From the beginning, the rules put in place for the euro, relating to bail-outs, monetary financing and deficit levels, have been ignored...”

The end game for all rules based societies must be dictatorship.  In the case of the UE that dictatorship is personified by its bureaucracies.

If the UK wants to preserve the Liberty of its citizens the fundamental incompatibility of the Common Law with the Roman code means we have to go.  Or, as I would prefer to say it, as an Englishman, we need to leave the EU to go its own way to perdition.


6 comments:

Random said...

I tried clicking on this link from the Dick Puddlecote blog and it redirects to x.vindicosuite or something. Ho hum. Is his blog hacked or my browser?

Lola said...

R The link works OK. Here is the URL:
http://www.telegraph.co.uk/news/worldnews/europe/11686679/The-euro-was-doomed-from-the-start.html

Random said...

No, onto this MW post.

Random said...

Back on topic, fiscal rules and MMT:
http://bilbo.economicoutlook.net/blog/?p=21467

Bayard said...

"And the trouble with 'rules' based jurisdictions is (a) there can never be enough rules as societies and economies are too complex for rules to be drafted to cover every eventuality and development"

Bureaucrats do not believe this: the only way to a perfect society for them is to have a set of rules that covers everything.

Lola said...

B. Indeed. The Financial Catastrophe Authority's rules have at least a million paragraphs, and they are still writing more. My case proved I think.