… the natural inequality of ability and of interest among men must make elites inevitable, the only sensible course is to abandon the chimera of equality and accept the universal necessity of leaders and followers.
Dr. Murray N. Rothbard, Economic Controversies, p. 631
Danny Duchamp creates essays and videos on philosophy, economics and politics from a consequentialist libertarian perspective.
Danny Duchamp’s website
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https://youtu.be/hdD9y68emhA "My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it;...
https://youtu.be/BvdZ3HkrI1U Expert failure is especially likely where experts hold monopoly power and where they are insulated from the consequences of their predictions and actions. This is due to the lack of contestation over ideas and their interpretation, as well...
https://youtu.be/St3AUXDzkLs Profit and loss signals provide incentives for producers to either change or continue their behavior. These signals disappear under a socialist regime. - Christopher J. Coyne and Abigail R. Hall, Austrian Economics: An Introduction Abigail...
