12/07/2018

A Tax Revolt In France

Michael Brendan Dougherty, National Review

The democratic peoples of the West have tired of the politics of the sensible center and are demanding change.

Finally, France has a bona fide working-class riot. Rather than the usual, a riot of bourgeois students on behalf of a notional working class.

They are wearing the yellow vests that all motorists are required to possess in case their car is disabled. The protest began with outrage against the imposition of new fuel taxes that hit those outside the metropolis particularly hard. The government has already delayed the taxes, but people are still in the streets, and their grievances are multiplying.

French truckers and farmers are calling a strike in support of the Yellow Vests. The Macron government is seeking out “leaders” who can speak for this movement, and with whom it can negotiate. This is French politics as we know, love, and fear it; where faith in the efficacy of democratic institutions is low, and faith in demotic anger somewhat higher.

Finally, a Color Revolution comes to a Western government, one that is definitely not supported by or coordinated from the U.S. State Department.

Oh, I know that is quite a thing to say. But what else to call the Yellow Vest protest? Like the Color Revolutions of Eastern Europe, it is now a catch-all brand for a variety of causes being advanced against a centralized state that is felt to be unresponsive. You can get a sense of the panic from a Guardian editorial that begins, “For Europe’s sake, Emmanuel Macron needs help.”

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

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