Winning was certainly unexpected! The team also raised $1,949 for prostate cancer research w/ @huggyd45 bringing in the lion’s share #RiverToRooftop #RtRTC #Brisbane #running #stairclimbing #latergram (at One One One Eagle Street)
Riding with the bulls (at Lamington National Park) — (Real windy so turn that vol down)
"1. Entrepreneurship, which is the fullest expression of liberty, is based on shrewdness, ingenuity, and tactical perspicacity. Political power, which is the diametric opposite of liberty, is ponderous, anachronistic, and perpetually behind the curve. Hence, a great window of opportunity to prove themselves opens up for all those who possess entrepreneurial talent – especially if it is coupled with technological talent – a window of opportunity to create solutions that allow for circumventing political power’s sphere of influence, and thus for undermining the belief in its indispensability. This is precisely how Bitcoin slowly sterilizes the power of central banks, the Internet erodes political control over the flow of information and the enforceability of “intellectual property rights”, and arbitration agencies reduce the role of legislation. In addition, the emergence of such solutions offers a clear illustration of the fact that effective entrepreneurship not only does not need political protection, but actually thrives to the extent that it is free from its influence.
2. One should use every possible opportunity to promote sound economic knowledge, which describes the process whereby individuals and their voluntary associations build their well-being on the basis of free exchange of goods and services in an environment of respect for property rights, unhampered competition, and spontaneously emerging price system. In other words, there is never too much of Bastiat and Hazlitt, be it among family members, friends, or colleagues. The more widespread this knowledge gets, and the more obvious its message becomes, the greater will be the social pressure to regain ever more areas of freedom of action understood as a precondition of personal well-being.
3. It is worthwhile to use every possible opportunity to promote the feeling of self-reliance, self-governance, and entrepreneurial initiative at the most local level possible. The goal of this activity is to bring about the greatest possible fragmentation and decentralization of all kinds of political structures, which is likely to lead to much greater economic integration of the territories under their control. This is a logical conclusion stemming from the fact that the smaller a given political organism is, the less capable it is of draining the vital forces of the local economy and hampering its spontaneous development, and the less resources it can devote to that purpose. In the most optimistic case, the ultimate culmination of such a decentralization process would be the emergence of a genuinely free and genuinely global economy composed of hundreds of thousands or even millions of independent economic zones, neighborhood associations, charter cities, and other forms of contractual, propertarian arrangements integrated through free trade and the global division of labor.
4. It is worthwhile to build in our social circles the most cosmopolitan atmosphere possible, an atmosphere that underscores the moral irrelevance of all affiliations that are not the result of a voluntary choice (including, for instance, ethnic affiliations), the moral universality of the principles of peaceful human coexistence, and the economic benefits stemming from it. It is important to bear in mind that in all likelihood it is precisely the instinctive attribution of moral meaning to ethnic affiliations that is the main driving force of oppressive political entities known as nation-states, together will all the armed conflicts that take place between them. Relegating all sentiments associated with such affiliations to purely aesthetic categories would be a very significant step on the road to initiating the decentralization processes described in the previous point, together with all their positive consequences.
5. Finally, as time and opportunities permit, it is worthwhile to engage in all kinds of charitable and philanthropic activities, especially if one can make one’s efforts in this context truly effective thanks to one’s entrepreneurial talent. The existence of such enterprises is always a clear sign for the broader community that effective help for the needy has its origin not in the will of “political authorities”, but in the grassroots efforts of free individuals and their voluntary associations, whose philanthropic initiative does not die even when the bulk of their resources is confiscated by the “authorities” in question. In other words, it is a signal showing that a consistent diminution of the influence of political power not only increases the scope of freedom of action, but also the scope of the most morally beneficial, natural consequence of this freedom, which is authentic charity.”
Mt. Glorious living up to it’s name
"Historically division of labor originates in two facts of nature: the inequality of human abilities and the variety of the external conditions of human life on the earth. These two facts are really one: the diversity of Nature, which does not repeat itself but creates the universe in infinite, inexhaustible variety….
These two conditions … are indeed such as almost to force the division of labor on mankind. Old and young, men and women cooperate by making appropriate use of their various abilities. Here also is the germ of the geographical division of labor; man goes to the hunt and woman to the spring to fetch water. Had the strength and abilities of all individuals and the external conditions of production been everywhere equal the idea of division of labor could never have arisen … No social life could have arisen among men of equal natural capacity in a world which was geographically uniform….
Once labor has been divided, the division itself exercises a differentiating influence. The fact that labor is divided makes possible further cultivation of individual talent and thus cooperation becomes more and more productive. Through cooperation men are able to achieve what would have been beyond them as individuals….
The greater productivity of work under the division of labor is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence.”
Rothbards natural rights theory is sound, it is essentially the same in content as Hoppe’s from my perspective. Hoppe’s preface of TEOL is glowing with admiration for Rothbard. Hoppe is a disciple of Rothbard writing in the tradition.
Rothbard only fails in his defense of ‘natural rights’, not in his expositions of them, of what they entail, of how they are to be understood. He provides a tour de force in these areas.
Rothbard falls short by relying on the Aristotelian teleology, and appeal to the ‘objective’ value of ‘life’ which he said could not be contradicted. He comes close to, without reaching the Hoppean stance… From my perspective he is groping in the direction of it without seeing what it is. Naturally without it, he flails and seems weak to his critics.
Hoppe’s approach appeared novel to Rothbard, and excited him. Hoppe provides the superior defense.
The above is comment from a Mises Forum discussion. I would clarify that Rothbard fully accepted Hoppe’s argumentation ethics with open arms. Calling it a major breakthrough. I would also agree with him in that:
- "…As a natural rightser, I don’t see any real contradiction here, or why one cannot hold to both the natural-rights and the Hoppean-rights ethic at the same time. Both rights ethics, after all, are grounded, like the realist version of Kantianism, in the nature of reality. Natural law, too, provides a personal and social ethic apart from libertarianism; this is an area that Hoppe is not concerned with…"
Why Deflation Isn’t Harmful — Jörg Guido Hülsmann
This is lecture 8 in a series of talks about the Introduction to Austrian Economics which was recorded September 2005, Klampenborg - Denmark. You can see the full lecture here and concise: “Deflation: The Biggest Myths”:
- Myth #1: You cannot earn a living and make profits when the price level falls
- Myth #2: While falling prices are good, lacking aggregate demand is bad
- Myth #3: You cannot earn a living and make profits when the money supply shrinks
- Myth #4: Deflation entails slower economic growth than inflation
- Myth #5: Deflation is particularly burdensome for lower-income groups
- Myth #6: Deflation destroys the credit of the state
- Myth #7: Deflation creates unemployment
- Myth #8: Deflation entails unequal and arbitrary burdens for the citizens
- Myth #9: It will take decades to settle deflation-induced legal disputes
- Myth #10: Deflation confers no positive net benefit
- Myth #11: Letting deflation happen is “passivism”
"Before closing, I want to render a sense of something that history books will not capture and future generations may not understand: namely, the profound and benevolent impact of Murray Rothbard’s charisma on young scholars. Although reprints of his work will display the stunning breadth of his scholarship, they will give no clue as to the humor that made his listeners literally laugh for hours in after-conference sessions and gatherings at his home. When people finally walked away from Murray – reluctant to leave a world in which ideas were so much fun – they scattered to libraries and typewriters to research and write up the articles he had inspired. Murray Rothbard believed that ideas mattered. He infused you with that belief. I still hear his voice – admittedly a bit squawky – insisting that a certain insight was "Key! It’s key to the issue!," and admonishing me to write it up.
Murray had a habit of sitting with his right arm draped over his head, the elbow resting about five inches above ear level. I remember walking into a room where Murray was holding court for three young men who sat attentively before him, lined up on the couch. Each one had his right arm draped over his head. Not one realized they were mimicking him. A whole generation of libertarian theorists wanted to be Murray Rothbard. We adopted his slang terms, his gestures, his eccentricities… hopefully some of his intellectual magic has rubbed off as well.”
- Things are seldom what they seem,
Skim milk masquerades as cream.
The Beloved international cop, whether it be Boutros Boutros-Ghali or U.S. troops or the New York Times Editorialist had best think more than twice before leaping into the fray…”
"The data of history are logically compatible with any of such rival interpretations, and historians, insofar as they are just historians, have no way of deciding in favor of one or the other. If one is to make a rational choice among such rival and incompatible interpretations, this is only possible if one has a theory at one’s disposal, or at least a theoretical proposition, whose validity does not depend on historical experience but can be established a priori, i.e. once and for all by means of the intellectual apprehension or comprehension of the nature of things.
In some circles this kind of theory is held in low esteem; and some philosophers, especially of the empiricist-positivist variety, have declared any such theory off-limits or even impossible. This is not a philosophical treatise devoted to a discussion of issues of epistemology and ontology. Here and in the following, I do not want to directly refute the empiricist-positivist thesis that there is no such thing as a priori theory, i.e., propositions which assert something about reality and can be validated independent of the outcome of any future experience.
It is only appropriate, however, to acknowledge from the outset that I consider this thesis—and indeed the entire empiricist-positivist research program, which can be interpreted as the result of the application of the (egalitarian) principles of democracy to the realm of knowledge and research and has therefore dominated ideologically during most of the twentieth century,—as fundamentally mistaken and thoroughly refuted.”
— Hans-Hermann Hoppe, Intro to TEOL