I like both of these.

This:

Capitalism works better than it sounds. Socialism sounds better than it works.

And this:

Capitalism is the only reason socialism has any money to redistribute.

I like them, as in: I like them as pithily expressed things to think about.  Not sure the first one in particular is actually true.  Socialism, when you actually spell out what socialists want and what they think should be done to dissenters, turns out to be ghastly, long before it actually happens.

And if capitalism sounds worse than it is, maybe you aren’t saying it right.

Yesterday there were four postings here.  Mostly small, but still, four.  The above stuff is Twitter, but this blog is not Twitter.  This blog leaves you time to have a little read and a life.

So, this is your lot for today.

On the other hand, if you have forty minutes to spare on subjects like the above, try listening to this.  It’s the IEA’s Kristian Niemietz talking about socialism.  He too thinks that capitalism is “counter-intuitive”.  His manner is a lot more low-key and considered than you would expect it to be if you only followed him on Twitter.

Dominic Frisby, on Facebook:

Yeah, yeah, you all think you’re really clever and successful and stuff but how many of you have been to an anarchy conference in Acapulco and got selfie with David Icke?

Like.  I’ve not done either of these things, let alone the two of them together.

Also like, from the comments: “Anarchopulco”.

There was a meeting in my home last Friday, at which Simon Gibbs spoke, most eloquently and engagingly, about “What Libertarian Home Has Done Right”.  (I made him choose this title.  He is far too modest to have chosen it himself.)

Also on Friday, at this blog, I had already featured a cat photo, taken by my friend Dominique Lazanski.

What I had not expected was that Dominique Lazanski would get a mention in Simon’s talk, but she did.  Very favourably, as a Libertarian Home speaker who did much to soften the atmosphere of a series of meetings that might otherwise have remained rather beery and blokey and not sufficiently female friendly or, to use a word Simon likes a lot and which he himself epitomises, not “kind”.  Libertarianism is, after all, all about making the world better, which definitely includes kinder.

I had been intending to put up more than one Dominique photo on Friday, but meeting preparations meant that only the cat made it, that day.  Here are all the other photos I had already liked and set aside for here, along with a photo of a cup of coffee, which I added to the collection to get the number back to a convenient one:

Click and enjoy.  Most of these little squares are mere excerpts from the originals, so you will have to click to enjoy.  But even if that doesn’t appeal, the basic point here is that Dominique Lazanski is, like many others these days, someone who combines taking very good photos with having a very full life doing other things besides taking photos.

This is the big photography story these days.  This big story is not how good the very best photographers, the Real Photographers as I refer to them here, are at taking photos and how very, very good their very best photos are.  No.  The big photography story these days is how good people like Dominique Lazanski are at taking photos.

To find out more of who Dominique Lazanski is, go to her website, or to here Twitter feed.  To explore all her Instagrammed photos, go here, that being where I encountered all of the above photos myself.

I chose my favourites, partly by particularly noticing the last two and the most recent of the above photos when they showed up on Facebook.  In addition to being a Dominique Lazanski friend I am a Dominique Lazanski “friend” on Facebook.  And the rest I found by simply clicking through all of her Instagrammed photos very fast, and noticing which ones I found myself pausing at.

Those drinks are included because I drank one of them myself, on Christmas Eve.

It could be that I am mishandling the Social Media, again, and spilling beans that are not mine to spill.  If Dominique finds out about this posting and informs me that she regrets it and would prefer to be living in a world which did not contain it, then this posting will be expunged forthwith.

With blogging, excellence is the enemy of adequacy, and often what you think will be excellence turns out not to be.

Eight days ago now, Patrick Crozier and I had one of our occasional recorded chats, about transport this time.  Train privatisation, high speed trains and maglevs, robot cars, that kind of thing.  I think it was one of our better ones.  We both had things we wanted to say that were worth saying, and both said them well, I think.  Patrick then did the editing and posting on the www of this chat in double quick time, and I could have given it a plug here a week ago.  If I have more to say about transport, I can easily do other postings.  But, I had some stupid idea about including a picture, and some other stuff, which would all take far too long, and the simple thing of supplying the link to this chat here was postponed, and kept on being postponed.

Usually, this kind of thing doesn’t matter.  So, I postpone telling you what I think about something.  Boo hoo.  But this time I really should have done better.

There.  All that took about one minute to write.  I could have done this far sooner.  Apologies.

My meeting last night (Tom Burroughes talking about Brexit) went well.  I never feared that Tom’s talk wouldn’t be good.  I merely feared that a humiliatingly small number of people would show up to hear it, and the better his talk was, the more frustrating that would have been.  However, although a few who had said they’d try to come didn’t show, quite a few others who’d not said they were coming did show, and it all went fine.

Nine people doesn’t sound like much, but it’s enough to make for a very interesting conversation, so long as they are a good nine.  They were.

Nine comfy chairs and nine people is no coincidence.  This kind of thing has happened too often for it to be chance.  When there were fewer comfy chairs, there were, on the whole, that number few people.  Conclusion: if I would like more people to attend, I must increase the number of comfy chairs.  Up to twelve, which is towards the maximum number of people for good conversation, and the point at which it begins to turn into a “meeting”, in the wrong way.  With people who actually had interesting things to say instead sitting there in silence, feeling left out.

I am taking steps to accomplish this.

Russell Roberts, Tweeting in response to a Tweet that has vanished, but it’s still worth quoting:

If you think the economy is a zero-sum game and getting rich makes people poor, you have trouble explaining the last 250 years. That wealth can be created and not just rearranged or come at someone’s expense is so basic but may be the single most important insight of economics.

I prefer “fixed-sum” to “zero-sum”, but otherwise, my sentiments exactly.

I am not now Tweeting, merely perusing the Tweets of others.  If I were Tweeting, this would be a Tweet.

At my home on the last Friday of this month (Friday September 28th – which is in six days time), Michael Jennings will be speaking about Iran, and in particular about how he recently spent some time exploring its capital city, Tehran.  The easiest link to learn more about Michael’s amazing globetrottings is to this list of his Samizdata contributions.

Each month, I solicit a few words from the speaker, to email to my list of potential attenders.  A few days ago, Michael sent me rather more than a few words about what he’ll be speaking about, more words than I need for that email. But I don’t want all these words going to waste, so, with Michael’s kind permission, here they all are.  In the email I send out tomorrow evening, I will be quoting from this, but will include the link to this posting, so that all who want to can, as they say, read the whole thing.

So, Michael Jennings on “Exploring Tehran”:

In recent years, I have done quite a lot of travelling in the Middle East.

From the western perspective - and particularly from the perspective of the western media - it is very easy to look at the Muslim Middle East and see something homogeneous. If you are inclined to see militant Islam and related terrorism as a threat, it is easy to see it as a single threat. However, there are two main strains of Islam, Shia and Sunni, and these are centred in two quite different cultures and civilisations: the first in Iran and the second in the Arab world.

These are two of the three largest cultures in the Muslim Middle East - the third being Turkey. These three cultures speak three unrelated languages - Farsi, Arabic, and Turkish - and the history and differences between these three cultures go back thousands of years - long before the time of Mohammed. These cultures are tremendously divided today. Iran fought a truly ferocious war with Arab Iraq between 1980 and 1988, the memory of which hangs over the country the way World War 1 probably hung over Europe in 1935. Much of the wars of the past 15 years in Iraq and Syria have been about Shia Iran (Persia) and Sunni Arab Saudi Arabia jostling for position in the Middle East. As to where Turkey stands in all this - I think Turkey is trying to figure this out.

I am not remotely an expert in any of this stuff. I have, however, spent a considerable amount of time travelling around the Middle East and North Africa in recent years. I love to explore cities on foot. I have done this, or attempted to do this in many places. Slightly less than two years ago I spent 10 days exploring Tehran on foot. Despite the fearsome (justified) reputation of the regime that rules Iran, I found - from my perspective as a Christian westerner - the most culturally familiar and welcoming culture that I had found travelling in the Middle East. Despite the fact that Iran is the only country in the entire world where all women are required to wear a headscarf at all times, I was struck by the fact that the role of women in public life was clearly much higher and that women are clearly much better educated and have a far more prominent role in the economy than in any Arab country I have been to. The Iranian middle class is substantial, and it is a very westernised middle class. At times in North Tehran I found myself in cafes and restaurants that easily could have been in hipster areas of Los Angeles, apart from the lack of alcohol.

I also found something that I should have known already - Iran is a trading, commercial nation. In South Tehran I found myself in shopping streets and bazaars that resembled East Asia - possibly commercial districts of Bangkok or Hanoi - more than anything elsewhere in the Middle East. I found myself sitting in stores being made tea (and being offered illicit alcohol) by merchants who wanted to tell me all about their trading trips to Shenzhen. It was fascinating.

And yet, this is a country that faces sanctions, and is cut off from the official system of international trade. What happens when you cut such a country off from the official system of international trade, and international academia, and international everything and so impoverishing the country, even though this is a culture that wants to participate? Come along to my talk, and I will speculate. Or possibly just show you my holiday pictures.

The basic point of my meetings is for people to attend them, but another point of them is for me to spread a gentle wave of information about people who have worthwhile things to say and interesting stories to tell, even if you do not actually attend.  This posting now means that, this month, that second mission is already somewhat accomplished.

Earlier this evening, I attended a fascinating Libertarian Home talk given by Jason Cozens, one of the founders and bosses of Glint.  (Scroll down there a bit, and I think you will see why I think I smell yet another two-man team.) Glint enables those who think that currency ought to be gold-backed to get there hands on just such a currency, thereby personally reversing, as it were, the decision by President Nixon, in 1971, to take the US dollar off the gold standard.

This talk was excellent, and was clearly saturated in Austrianism.  In the highly unlikely event that Jason Cozens has not met up with a conversed with Detlev Schlichter, he should.

Here is a photo I took of Mr Cozens waving an ancient gold coin from Roman era Britain, which he had come by in some way that he did describe but which I immediately forgot:

And here is that coin, and him holding it, somewhat closer up:

Glint, however, does not deploy actual gold coins.  Any gold it arranges for you to own stays in a vault in Switzerland.  You get yourself a Glint account, with whatever combination of gold or other popular currencies in it that you want, and you can buy stuff with your card, which looks and works like any other credit/debit card.

Glint would appear to be well worth investigating.

I also found the evening very advantageous on a more personal level.  I was able to solidify no less than two future Brian’s Last Fridays talks, and was able to woo two other potential future speakers of great interestingness.  Others present seemed equally busy making connections of their own.  Which is a lot of the point of such meetings, and which is all part of why I believe in organising a steady stream of them.