Capitalism for Dummies (and Socialists)

The whole notion of capitalism is that those with capital are incentivized to invest it in order to obtain a profit. If profits are outlawed or significantly reduced through confiscatory taxation, the incentive to invest is reduced or eliminated. If profit is forbidden, I have no incentive to invest rather than consume. Why would I delay gratification and take on risk to plant a field or build a factory if I don’t stand to make a profit by doing so?

A Common Sense Foundation for Liberty

“The foundation of my libertarianism is much more modest: common sense morality. At first glance, it may seem paradoxical that such radical political conclusions could stem from anything designated as “common sense.” I do not, of course, lay claim to common sense political views. I claim that revisionary political views emerge out of common sense moral views. As I see it, libertarian political philosophy rests on three broad ideas.”

A Moral Challenge

If government is really as necessary as most people think, then it ought to be quite simple to convince others to support it (or at least support as much of it as they believe is necessary). Instead of threatening people, educate them. Convince them. Demonstrate why they ought to contribute to government. Threatening them with force is not a way to answer their arguments against paying.

Is the Non-Aggression Principle Self-Negating? You Decide!

A person named Jared emailed me out of the blue about a week ago with the following letter. It contains a request for feedback followed by an argument that the Non-Aggression Principle as made popular by Murray Rothbard was self-negating on the grounds that the creation of private property is an act of aggression. What ensued were several letters back and forth in which we both flesh out the other’s argument and offer our critique. In the end we understood each other better, but alas no consensus was reach.

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.

Adolf Hitler: How Could a Monster Succeed in Blinding a Nation?

Is it still possible in today’s Germany to escape the realization that without the mistreatment of children, without a form of child-rearing based on violence to inculcate blind obedience, there would not have been a Hitler and his followers? And thus not millions of murdered victims either? Probably every thinking person in the post-war period has wondered at some time or other how it could have happened that a human being devised a gigantic machinery of death and found millions of helpers to set it in motion.