The Welfare State
[…] It is also far easier to sentimentalize the issues and get the public’s juices worked up by sobbing about the homeless, the foodless, etc. and calling for specific provision of these wants far easier than talking about the “moneyless” and calling upon the public merely to supply do-re-mi to the poor. Money does not have nearly the sentimental value of home and hearth...
The Private Property Constitution
“In conjunction with the privatization of all assets according to the principles outlined, the government should adopt a private property constitution and declare it to be the immutable basic law of the entire country. This constitution should be extremely brief and lay down the following principles in terms as unambiguous as possible: Every person, apart from being the sole owner of his...
In the long run even the most despotic governments, with all their brutality and...– Ludwig von Mises, Theory and History, p. 372.
Anonymous asked: Man stop being so American-centric. You don't have to rephrase everything in terms of American notions. It's not even correct to say Liberal Party =/= Republican Party. There's some comparison, but that's it. It comes across as if you're apologising for being Australian. You really don't have to. Forge your own path. Australian libertarianism is as valid as its...
The week that was... Cont.
The week that was…. Got results back for International Corporate Finance essay.. 18.5/20, even though I handed it in late? I don’t understand that one.. They finally found me. I have been summoned for Jury Duty. I’m obligated to reply to their letter apparently, or else involuntary servitude! Oh wait, that’s what happens regardless. So I have to indicate my...
The week that was...
Big farewell for two close mates who are now in the UK, and will then be bumping round Europe for quite some time.. possibly doing a ski season somewhere. One managed to get a 5 year visa (some long lost relative) just to be dramatic, and bought a one way ticket to amp it up even more haha. The joke is he’ll be back before Christmas. Great night, basically had the whole place to ourselves...
a response to: To Begin With, Everything: consent? →
graceinmyheart: how much is our body our property? or more specifically, when does it stop being ours? if you are in a doctor’s office and they need to take your blood/cells/etc and later use them for commercial gain is that okay? do they need your consent at that point? the tissue is no longer attached to/physically part of your body, so do you still have rights to it? should doctor’s be...
The Homesteading Principle Proper
The comparative, ordinal nature of the “better claim” test Under the homesteading principle, it is not necessary to establish a first appropriation claim that lives up to any absolute standard of evidence of what is “sufficient” to be a valid claim. It is only necessary to establish that one party has the better or best claim when compared with conflicting claims. This is analogous to Mises’s...
Jon Stewart dissects the GOP debate: "Fear and... →
Stewart pulled no punches, calling Michele Bachmann “crazy” for her promise to build a “double wall” along the border. And then there’s Mitt Romney, who entered into such a shouting fest with the other candidates that he was able to inspire a look of shock on an audience member. Rick Perry: Calling Herman Cain “brother”? Is maybe not a good thing to do. Ron Paul also gets a good mention. Here’s...
Ron Paul Would Erase Billions in [State] Research... →
dreetree: Ron Paul Would Erase Billions in Research Spending I really wanted to like this guy but taking funding away from science? I just don’t know anymore… Don’t worry, you can still like him :). I think what needs to be asked when proposing any kind of funding: How is it funded? [Voluntarily, or through force?] What sort of incentive structure will this create? How will actual...
libertariangirl: I’m currently working my way through Democracy: The God that Failed by Hans-Hermann Hoppe. It’s kind of blowing my mind. Ron Paul has it in his recommended reading list (in the Democracy section of Liberty Defined). For all those who are interested, here is the bootleg free pdf. One argument made is presented here in this video, it is a compared to argument. Democracy is not...
Simple explanation of the business cycle
“The reason for the business cycle is as elementary as it is fundamental. Robinson Crusoe can give a loan of fish (which he has not consumed) to Friday. Friday can convert these savings into a fishing net (he can eat the fish while constructing the net), and with the help of the net, then, Friday, in principle, is capable of repaying his loan to Robinson, plus interest, and still earn a...