Young people, college graduates especially, are not feeling hopeful about their careers. Mired in student loan debt, facing a labor market that has been stagnant for as long as they can remember, and deciding between a job where they’ll be miserable and moving back in with their parents, millennials have grown skeptical toward market capitalism. Yet, if they looked at the history of the matter, they would be amazed how far we’ve strayed from a free market in labor in the past century. Their plight is not due to economic freedom, but to a century of centralized efforts to regiment and regulate the labor market and the very mind and soul of the worker.
Tag: responsibility
My Kind of Anarchism
It seems to me to be important to take the time and effort to spell out exactly what it is that I do believe regarding “anarchism”. I am assuming that by spelling out what I do believe, I can clarify and set apart the difference between my “anarchism” and that which is espoused by others.
Monetary System: Currency vs. Money, & Hyperinflation
Natural currency is that which is chosen by free and peaceful people to interact in. It is chosen because it has been demonstrated to be of superior value as compared with currencies of the past. The value of currency is its ability to lubricate transactions and facilitate trade. When it no longer effectively serves this function it must and will be summarily abandoned and replaced with a better alternative.
The Extraordinarily High Burden of Proof for Violating Liberty
There are excellent observations and reasons for a presumption in favor of equal liberty for all – which led me to “therefore I am libertarian.”It is true that the libertarian political philosophy I have grown to believe greatly influences my policy analyses. However, it is not merely an opinion, no different in credibility than any other opinion held for any reason.
So-Called Intellectual Property
Property ownership is central to liberty and civilization. Property rights prevent conflict over the use of scarce resources. Ironically, the term “intellectual property” (aka “IP”) represents a hodgepodge of concepts that generally introduce artificial scarcity and needless conflict.
The Five Institutions of the Market Economy
Let us see what the basic institutions of the market economy are. We may subdivide them for convenience of discussion into (1) private property, (2) free markets, (3) competition, (4) division and combination of labor, and (5) social cooperation. As we shall see, these are not separate institutions. They are mutually dependent: each implies the other, and makes it possible.
You’ve Got to Stop Voting
Boycotting elections alone will not oust the oligarchy, but it is the only proven non-violent way to delegitimize a government. Here are some of the most common canards that political party operatives use to argue against not voting, and my responses.
No Right to Complain?
I’m sure you heard the retort, “If you don’t vote, you have not right to complain!” It’s especially common to hear after election days. Of course it’s complete and utter bullshit. I read somewhere today this parody of it, “If you don’t vote for an oppressor, you have no right to complain about your oppression!” I…
12 Articles Every Aspiring Economist Should Read
Nothing stirs up controversy in the digital age quite like a list. But lists, especially ones that provide an easily accessible way to learn essential information, have their purposes. Below, I offer 12 articles that I think every aspiring economist should read. Before we get to the list, let me say a few things about how I created it.
Steve Patterson
Four years ago, I became an anarchist, and I’ve never looked back. My political philosophy now runs through my veins. But this wasn’t always the case. I used to be a young, apathetic conservative. Then, I was introduced to libertarianism, which slowly turned me into an anarchist. This might sound crazy, but I assure you, it’s quite reasonable, and many people share my same story.