I had a little back and forth in the comment section on one of my recent podcast episodes with my friend Alex Knight (ARK3). I thought I’d reproduce it here in all it’s glory.
Unsurprisingly, not all economists agree on how to approach what used to be called “political economy”. Adam Smith in 1776 defined it as “an inquiry into the nature and causes of the wealth of nations”. It was understood that the default state of mankind was poverty, so the question was how people become wealthy.
Parents can help children choose freedom over force, and ensure that these lockdowns never, ever happen again.
Suppose someone accuses me of being a pickpocket. I respond, “I have picked no pockets, therefore I am not a pickpocket.” My accuser could naturally retort, “Oh yes you are, I have video evidence of you picking pockets on three separate occasions.” What would you think, though, if my accuser instead declared, “There’s a lot of pickpocketing in the world. You’ve personally done nothing to stop it. That makes you a pickpocket!”
Economically speaking, there’s a straightforward win-win case for these Mexican resorts: Not only do they make the tourists happier; they make the Mexicans happier by providing them with better opportunities than they have elsewhere in the Mexican economy. If you reconsider this verdict through the distorted lens of Social Desirability Bias, though, a radically different picture appears before your eyes. Once you forget economics, you could easily describe the resort experience in the following sordid way.
Let’s face it. There is no single stroke of governance that will make the homeless campers of Austin, TX go away. You cannot put toothpaste back in a tube.
Lately it seems everything has to be described in a superlative manner. Natural disaster. War. Police violence. Political craziness. You name it, we just can’t seem to accept that it’s part of a continuum. Everything absolutely, positively must be the mostest or the worstest of its kind, ever.
Episode 436 welcomes back Shepard the Voluntaryist to chat with Skyler on the following topics: his ongoing radio show and podcast; an exploration of positive and negative consequences; human interference in natural consequences; intended and unintended consequences in politics and economics; what people going along with monopolistic government means for the idea of people going along with competitive government (free society); never letting a crisis go to waste as a voluntaryism popularizer; the consequences of immortality and “The Good Place” television show; the negative consequences of world peace and the positive consequences of world conflict; and more.
Want to make money and help the world, too? Wall Street says you can!
Rights can either be respected or violated. There’s no third option. To regulate, limit, ration, license, or criminalize a right is to violate it. The person who violates a right for any reason is the bad guy, without exception, no matter what excuse they use. Nothing justifies violating human rights.