Index Investing News
Sunday, June 14, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

The “Citizens” as Children or Bullies

by Index Investing News
December 17, 2022
in Economy
Reading Time: 2 mins read
A A
1
Home Economy
Share on FacebookShare on Twitter


What sort of economic or political theory could justify the state (the apparatus of political and bureaucratic government) to forbid an adult to do something that can only harm himself (or hypothetically those who choose to associate with him)? A Wall Street Journal story alerts us to a current illustration (Jennifer Maloney, “New Zealand Bans Cigarette Sales for Everyone Born After 2008,” December 14, 2022):

The law passed Tuesday bans the sale of tobacco products in New Zealand to anyone born on or after Jan. 1, 2009, so those who are age 13 or younger today will never be able to legally purchase tobacco in their lifetimes.

It would have to be a theory claiming or assuming that:

  • an adult (even in a country where he has the right to vote and is supposed to be capable of politically ruling others) is not capable of judging what has for himself more benefits than costs;
  • and some individuals, whether majorities, minorities, philosopher-kings, or despots, are better capable of making this evaluation and decision for others, and in these others’ interests, and impose it on them by force, as well as on any other voluntary traders (such as smugglers) who interfere.

The objection that public health insurance and subsidy systems harm those who adopt less risky lifestyles because it forces them to pay taxes to support individuals who make risky choices is not valid. This sort of compulsory systems have been sold to voters (assuming that this is indeed what voters, in some meaningful sense, voted for) under the official reason that this sharing of risk was a matter of “social solidarity” if not of compulsory love. At any rate, individuals who die younger cost less to the collective because the net drain on the public finances, through public pensions and probably health care too, increases with an individual’s age.

The “externality” of smoking is typically either manufactured by the state or reducible to what moral busybodies don’t like other people to do. They hate the very idea that some people do something they don’t approve of.

Moreover, the public discrimination against the smoking part of the citizenry (largely made of “deplorables”) will contribute to more polarization and eventually violence.

I don’t think we can, over the past four centuries, find any classical liberal theory of politics or economics that supports this sort of systemic infantilization of so-called “citizens.” Liberal theories don’t view individuals as either children of the state or coercive majorities.



Source link

Tags: BulliesChildrencitizens
ShareTweetShareShare
Previous Post

The Biggest Opportunities From Last Week’s Carnage

Next Post

Bulls Could Be Back For Solana If It Is Above This Level

Related Posts

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

by Index Investing News
June 12, 2026
0

     At The Money: How Fixed-Income Investors can use ETFs to their Best Advantage (June 11, 2026) Investors...

The Self, the Crowd, and Social Contagion (with Luke Burgis)

The Self, the Crowd, and Social Contagion (with Luke Burgis)

by Index Investing News
June 8, 2026
0

0:37Intro. Russ Roberts: Today is April 28th, 2026, and my guest is author Luke Burgis. His latest book is The...

At The Money: Grab Your Summer Rental Soon Now!

At The Money: Grab Your Summer Rental Soon Now!

by Index Investing News
June 4, 2026
0

     At The Money: Grab Your Summer Rental Soon!! (June 3, 2026) It’s not too late to get...

Sam’s Links: May Edition – Econlib

Sam’s Links: May Edition – Econlib

by Index Investing News
May 31, 2026
0

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication...

Transcript: Vimal Kapur, Chairman and CEO of Honeywell

Transcript: Vimal Kapur, Chairman and CEO of Honeywell

by Index Investing News
May 27, 2026
0

https://www.youtube.com/watch?v=sVqE7bsmtA0https://www.youtube.com/watch?v=sVqE7bsmtA0     The transcript from this week’s MiB: Vimal Kapur, Chairman and CEO of Honeywell, is below. You can...

Next Post
Bulls Could Be Back For Solana If It Is Above This Level

Bulls Could Be Back For Solana If It Is Above This Level

We shouldn’t expect World Cup players—or any athletes—to be activists

We shouldn’t expect World Cup players—or any athletes—to be activists

RECOMMENDED

Prolonged D23 Brazil Trailer for MCU’s ‘Thunderbolts*’ Large 2025 Film

Prolonged D23 Brazil Trailer for MCU’s ‘Thunderbolts*’ Large 2025 Film

November 11, 2024
Oprah’s Favorite Things 2022: Best Home Gifts to Shop

Oprah’s Favorite Things 2022: Best Home Gifts to Shop

November 7, 2022
The Newest: Pakistan says India fired missiles at air bases contained in the nation and Pakistan responds

The Newest: Pakistan says India fired missiles at air bases contained in the nation and Pakistan responds

May 10, 2025
Homicide Inc. Data Founder Was 54

Homicide Inc. Data Founder Was 54

February 6, 2025
Why US rural policy matters

Why US rural policy matters

April 10, 2023
Spurs star was compared to Walker when he signed, now he can’t get a game

Spurs star was compared to Walker when he signed, now he can’t get a game

September 15, 2023
Biden calls China a ‘ticking time bomb’ amid deflationary spiral, economic woes

Biden calls China a ‘ticking time bomb’ amid deflationary spiral, economic woes

August 11, 2023
AVGO Stock: VMware Deal Closing Lifts Broadcom Uncertainty

AVGO Stock: VMware Deal Closing Lifts Broadcom Uncertainty

November 24, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In