What Adam Smith had to say about conspiracies

They are quite common, especially if they are given protection by government regulation

We often hear people being dismissive about “conspiracy theories”. Yet one of the most eminent thinkers of the 18th century, who is often called the founder of economics (although there were others, see here), Adam Smith, knew that they were commonplace. Here is what he wrote in his famous book with the (abridged) title “The Wealth of Nations”:

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. 

– The Wealth of Nations, Book I, Chapter X. 

Most people who remember reading this however don’t know that the really interesting part comes after that. Smith goes on to say:

It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies; much less to render them necessary. A regulation which obliges all those of the same trade in a particular town to enter their names and places of abode in a public register, facilitates such assemblies. . . . A regulation which enables those of the same trade to tax themselves in order to provide for their poor, their sick, their widows, and orphans, by giving them a common interest to manage, renders such assemblies necessary. An incorporation not only renders them necessary, but makes the act of the majority binding upon the whole.

– The Wealth of Nations, Book I, Chapter X.

Regarding this, Sam Bowman of the Adam Smith Institute writes:

As Eamonn Butler has written, Smith’s point is that the only way businessmen can succeed in a ‘conspiracy against the public’ is if they are given protection by government regulation. If not, the pressures of competition will ensure that conspiring businesses are quickly undermined by their competitors.

It’s Not Just That Global Warming Is Fake. What Matters Is Why This Fakery Is Being Promoted.

Article by Gary North from July 3, 2009

[The original is here.]

Global warming is based 100% on junk science. The most vocal promoters are not interested in the details of physical science. They are interested in two things: political control over the general public and the establishment of international socialism.

Junk Science vs. Real Science

For a detailed, footnoted, 12-page article, written by three scientists, two with Ph.D’s from CalTech, click here.

This paper was sent to tens of thousands of natural scientists in the United States.

Over 31,000 scientists have put their reputations on the line and signed a politically incorrect petition opposing the 1997 Kyoto agreement or protocol. Here is a photocopy of a signed petition.

It's Not Just That Global Warming Is Fake.  What Matters Is Why This Fakery Is Being Promoted.

Here is a letter from a former president of the National Academy of Sciences. He asks recipients of the petition to sign it.

Back in the 1970’s, the bugaboo was the coming ice age, as this Time Magazine article promoted. Not to be outdone, Newsweek got on board. The article warned: “Climatologists are pessimistic that political leaders will take any positive action to compensate for the climatic change, or even to allay its effects.” Want more examples? Click here.

It, too, was based on junk science. It, too, had the same solution: government control over the economy. The goal never changes: government management over the economy. The justification has changed. If the voters won’t accept control over their lives on the basis of one brand of junk science, maybe they will accept another. As they used to say in the Nixon Administration: “Let’s run this up the flagpole and see if anyone salutes.”

Socialism’s Last Stand

The global warming movement is not about global warming. It is about the creation of an international political control arrangement by which bureaucrats who favor socialism can gain control over the international economy.

This strategy was stated boldly by economist Robert Heilbroner in 1990. Heilbroner, the multi-millionaire socialist and author of the best-selling history of economic thought, The Worldly Philosophers, wrote the manifesto for these bureaucrats. He did this in an article, “Reflections: After Communism,” published by The New Yorker (Sept. 10, 1990).

In this article, he made an astounding admission. He said that Ludwig von Mises had been right in 1920 in his article, “Economic Calculation in the Socialist Commonwealth.” Mises argued that without private ownership, central planners could not know what any resource is worth to consumers. With no capital market, the planners would be flying blind.

Heilbroner said that for 70 years, academic economists had either ignored this article or dismissed it without answering it. Then Heilbroner wrote these words: “Mises was right.”

Heilbroner was one of these people. There is no reference to Mises in The Worldly Philosophers.

This admission was the preliminary section of Heilbroner’s manifesto. He was cutting off all hope by socialists that there is a theoretically plausible response to Mises. The free market economy will always outproduce a socialist economy. Get used to it, he said.

Then, in the second section, he called on his socialist peers to get behind the ecology movement. Here, he said, is the best political means for promoting central planning, despite its inefficiency. In the name of ecology, he said, socialists can get a hearing from politicians and voters.

The article is not online. An abstract is. Here is the concluding thought of the abstract.

The direction in which things are headed is some version of capitalism, whatever its title. In Eastern Europe, the new system is referred to as Not Socialism. Socialism may not continue as an important force now that Communism is finished. But another way of looking at socialism is as the society that must emerge if humanity is to cope with the ecological burden that economic growth is placing on the environment. From this perspective, the long vista after Communism leads through capitalism into a still unexplored world that roust [must?] be safely attained and settled before it can be named.

Heilbroner did not care that a worldwide government-run economic planning system would not be called called socialism. He just wanted to see the system set up.

Heilbroner’s peers got the message. That was what Kyoto was all about.

Conclusion

If you like poverty, inefficiency, and bureaucratic controls over the economy, and therefore control over your choices, the “climate change” movement is ideal.

If you want to subsidize China and India, neither of which will enforce the rules laid down by unelected international bureaucrats, this movement is for you.

If you want to pay more for less energy, there is no better way than to pass the cap and tax bill which the House has passed. It will be sent to the U.S. Senate next week.

The rest of us should oppose it.

I hereby authorize anyone to reprint this article or post it on any website, just so long as the text is not changed.

Neil Oliver warns against digital central bank currency

In this 15 minute video.

Reminds of the “mark of the beast“:

“Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name.” (From Revelation 13:16-17)

Thomas R. Schreiner writes about this on crossway.org:

“The beast is not confined to the Roman Empire; it refers to Rome but applies also to every manifestation of evil in all governments throughout history, and also to the final conflict to come at the end.”

Officials were warned of the dangers of the Covid vaccines

In late 2020, and went ahead nonetheless

See this article from 4th December 2020 (!):

Doctors petition EU to stop all COVID vaccine studies due to grave risks

Due to significant safety concerns, a former vice president and chief scientist for pharmaceutical giant Pfizer, has joined a prominent German physician and past head of a local public health department in petitioning for the immediate suspension of all COVID-19 vaccine studies in Europe.

Dr. Michael Yeadon, who held Pfizer’s most senior research position in the field of allergy and respiratory medicines prior to his departure in 2011, and epidemiologist and pulmonary specialist Dr. Wolfgang Wodarg have filed their petition with the European Medicines Agency (EMA), which is responsible for approving drugs in the European Union at large.

Ex-Pfizer VP: COVID vax push a ‘supranational operation’ intended to ‘maim and kill deliberately’

Dr. Michael Yeadon speaks

Article here.

Excerpts:

In a separate correspondence with LifeSiteNews, Yeadon summarized, “[t]he alleged vaccines were designed to injure, maim and kill. Multiple obvious toxicities were deliberately built into their designs, with the result that there would be high expectations of blood clots, autoimmune attacks and cytokine storms all over the body, depending on where it went in a given individual.”

“Finally, the mRNA agents were formulated in lipid nanoparticles, which was known from 2012 to cause accumulation in certain viscera, notably ovaries. Negative impacts on fertility were also virtually assured.”

“None of this could possibly be defended as inadvertent,” he concluded.

The Covid Deception: The Dire Consequences of the Lack of Accountability

Only accountability can rescue freedom from tyranny.

Paul Craig Roberts summarises the current situation.

Excerpts (my emphases):

Reiner Fuellmich, who has been investigating together with thousands of attorneys and scientists assembled in the German Corona Investigative Committee the toxicity of the vaccine, has collected enormous evidence that the vaccine is toxic.  The puzzle has been why some suffered death or injury and others did not.  The answer is the inconsistency of the vaccine batches.  Experts, such as former Pfizer vice president and chief science officer Dr. Michael Yeadon and former head of the Health Committee of the Parliamentary Assembly of the Council of Europe Dr. Wolfgang Wodran, have concluded that “criminal acts are being committed” and that “a big crime is so obvious.”

You can read the report here, I encourage you to do so.  I am now going to turn to its implications.

We know for a fact that the “Covid pandemic” was a fear-driven orchestration, and that no aspect of the treatment protocol was effective or made any sense.  The masks do not protect. The lockdowns did more harm than good. Human rights were violated by coerced mandated involuntary vaccinations with a substance untested and put into use under an emergency authorization that required that there were no known treatments or cures.

The emergency use requirement meant that known cures successfully used in other countries, such as Brazil and India, had to be denied and prohibited from use in the US and other parts of the Western world.  US public health authorities and the presstitutes lied through their teeth that Ivermectin and HCQ were dangerous and unapproved drugs.  Ivermectin was said to be a horse medicine dangerous to humans.  In actual fact both drugs had long been approved for human use and had many decades of use and perfect safety records.  Ivermectin is routinely taken as a preventative of river blindness in those parts of Africa where the parasite is prevalent, and HCQ has long been used as a preventative of malaria.

[…]

Remember also that hospitals were incentivized to maximize Covid deaths as they were paid some $39,000 for each Covid death.  Consequently, nearly all deaths were reported as Covid deaths, even motorcycle accidents, thus maximizing the reported Covid death rate and driving people to vaccination.  

Remember, the PCR test used to diagnose Covid was said by the test’s inventor to be incapable of diagnosing Covid.  The PCR test produced up to 97% false positives, thus immensely exaggerating the pandemic.

Remember too, that the original explanation for Covid was infected bat meat sold in a Chinese market.  We now know for a fact that Covid was an engineered virus and that the “gain-of-function” aspect, which made if contagious, was financed by NIH at the University of North Carolina and when criticism arose due to concerns it violated the Biowarfare Convention, the funding was moved to Wuhan in China.  Remember also, that initially DARPA was involved in the manufacture of the virus.

The new story is that the virus escaped from the Wuhan lab, but more alert people believe the Covid virus was intentionally released.

There are many independent scientists with no Big Pharma conflicts of interest who regard the “vaccine” as not only more deadly than Covid but also as a bioweapon.  Clearly, the fact now revealed that 5% of the doses account for the adverse effects implies motive and intention.  This must be investigated by independent scientists and organizations.  It is difficult to expect Congress, as dependent as its members are on Big Pharma campaign funds, and the regulatory public health agencies, FDA, NIH, CDC, agencies that are revolving door Big Pharma marketing agents, to honestly investigate the “Covid pandemic” and the toxic batches of the vaccine.

If there is no investigation and no accountability, you can expect worse orchestrated pandemics in the near future.  There are indications that the US has been experimenting with weaponizing ebola, and within the past two years I reported that vials of deadly smallpox had twice been discovered lying about on counters instead of being under lock and key.

[…]

Bioweapon research is Satanic and contrary to the Biowarfare Convention. That the US continues this illegal research is a danger to every American and to the entire world.  Moreover, it shows a reckless unconcern on the part of the US government and its scientists for law and life.  

Government agencies that operate secretly outside the law can lie forever to Congress and can invoke “national security,” a holy cow for Congress, and escape accountability.  We are currently watching the FBI and DOJ continue their protection of Joe and Hunter Biden while pursuing President Trump with false charges.  

Nuclear war is a real possibility.  The neoconservatives’ hostility toward all countries capable of serving as constraints on US unilateralism, together with the Kremlin’s endless tolerance of provocations, are leading to nuclear war.

We face equal risk of extermination from the US government’s weaponization of deadly viruses.  This work continues unobstructed and justified with every kind of false argument.  “Our enemies are doing it, so we must also in order to protect ourself.”  Or as Fauci, Gates, and others claim, we have to make deadly viruses in order to study them so we can be able to preempt them with vaccines.

These arguments are false.  Moreover, the consequences for humanity and all life of nuclear war and bioweapons are so horrific that it makes the pursuit of peace the ultimate of all goals.  But Washington is pursuing hegemony, which is a guarantee of war.

The danger of our situation cannot be exaggerated.  Only accountability for the orchestrated Covid pandemic can re-establish human life as more important than Big Pharma’s profits and rescue freedom from tyranny.

Public Health and the Illusion of Control

The collapse of expertise

Very illuminating conversation Tom Woods has here with Ian Miller (author of the recently published book “Illusion of Control: COVID-19 and the Collapse of Expertise“) about the way the public health officials in the US failed totally. It wasn’t just a case of “we didn’t know at the beginning what to do”. It was a clear attempt at a power grab.

From the description of the podcast of this discussion on Tom Woods’ own website:

Ian Miller returns to discuss the charade we endured for three years, in which the alleged experts pretended to be able to protect people from a disease they ended up having zero ability to protect them from.