Editor’s Break 018 is a look at the importance of economic arguments for liberty, and why for many, including Skyler, they were the primary cause in their journey toward liberty and voluntaryism.
Tag: economics
Legalizing Weed Has Done What 1 Trillion Dollars and a 40 Year War Couldn’t
The $1 trillion War on Drugs launched by President Nixon in 1971 created the Mexican drug cartels, now legalizing weed is killing them.
It’s Either Bullies or Balance Sheets
A wise man once told me that in this life, you can obey balance sheets or bullies. In the end, those are the only two paths. He was drawing attention to an unavoidable reality in a world of scarcity. All scarce things must be allocated among competing ends. This can be done top-down by people in control, or it can be accomplished bottom-up with the signaling system that emerges from voluntary exchange. The two approaches don’t mix well.
How Econ Textbooks Sanitize the Horrors of Communism
When I was first learning economics, I was surprised by how pro-communist many economics textbooks were. I don’t mean, of course, that any economics textbook ever said, “Communism is good.” What I mean, rather, is that textbooks were very positive relative to communism’s historical record. Indeed, many seemed deeply ignorant of actual communism, basing their assessment on second-hand information about communists’ stated intentions, plus a few anecdotes about inefficiencies. Many textbook authors were, in a phrase, communist dupes: Non-communists who believe and spread a radically overoptimistic image of communism.
Do Two Wrong Taxes Make a Right?
Imposing tariffs in order to protect domestic producers who are unjustly harmed by taxes or regulations, as Bastiat noted, simply shifts the harm done by these taxes and regulations from producers to consumers. But why should consumers rather than producers suffer this harm? Some people must suffer it, and it’ll be either the unjustly taxed and regulated producers (in the case of no protective tariff) or their consumers (in the case of a protective tariff).
The Utter Irrelevance of the “Balance of Trade”
No concept in international economics – indeed, perhaps no concept in all of economics – is as prodigious a source of confusion and plunderous policy as is that of the so-called “trade deficit.”
Free Human Beings Do Not Ask Permission
I am not a political activist. I do not advocate for marches, protests, or the signing of petitions as a means of effecting change. This represents the acknowledgment that political predators have legitimate authority over my life. The host does not concern itself with the opinion of the parasite. Shuffle off and deprive it of nourishment and rest assured, it will perish of it’s own accord.
Embody Peaceful Anarchism
It is never too late to attempt to live as an Anarchist or Voluntaryist. One need not wait until a truly voluntary society is realized. One can embody Peaceful Anarchism right now. Do not acknowledge the State, to the best of your ability. Live your life with gentleness, kindness, compassion, and love. Live your life according to your principles.
If Men Were Angels
Although I admit that the outcome in a stateless society will be bad, because not only are people not angels, but many of them are irredeemably vicious in the extreme, I conjecture that the outcome in a society under a state will be worse, indeed much worse, because, first, the most vicious people in society will tend to gain control of the state and, second, by virtue of this control over the state’s powerful engines of death and destruction, they will wreak vastly more harm than they ever could have caused outside the state.
The Pendulum of American Extremes
The American Political sport is a unique beast. Something wholly original on the world stage. No, I’m not talking about “The American Experiment” in constitutional republics. That experiment has failed to produce lasting results, although it was a worthy try. No, what I mean is that unlike the rest of the western world, American politics grows more and more extreme at an increasing rate – a rate that should be alarming to most rational and peaceful people.