Violent, worldwide revolution, in Marx’s version made by the oppressed proletariat, would be the instrument of the advent of his millennium, communism.
Murray N. Rothbard
Classical Economics, p. 317
In the long run, as we have seen under communism, the parasitic sector destroys the private productive sector and harms even the parasites in the process.
Murray N. Rothbard
Making Economic Sense, p. 22
‘Antifa’ is an organization which advocates and engages in the initiation of violence against peaceful people. This is entirely consistent with the abolition of private property, aka communism, and the antithesis of anarchism, the claim that no person or group of people have the right to rule peaceful people.
…the Austrian theory of the trade cycle reveals that only the inflationary bank credit expansion that enters the market through new business loans (or through purchase of business bonds) generates the over-investment in higher-order capital goods that leads to the boom-bust cycle.
Murray N. Rothbard Economic Controversies, p. 737
0:00 – Rothbard Quote
0:51 – What is economics?
2:14 – What makes the Austrian School of economics unique?
3:14 – What is an accurate way of measuring wealth in a given society?
4:37 – Why are some countries poor and others wealthy?
7:16 – How can we increase access to products and services to those in lower income brackets while increasing quality – healthcare and housing?
13:20 – Why do Austrians oppose regulation?
15:46 – Do Austrians assume perfect knowledge?
18:04 – What about monopolies & cartels?
23:45 – Subjective value
24:54 – Labor Theory of Value
26:45 – Centrally planning – difference between corporations and governments
29:19 – Competitive currencies – Spontaneous order
31:44 – Spontaneous order in law
33:18 – Do disastrous situations justify the existence of a state?
35:17 – A Priori reasoning vs. Empirical evidence
38:30 – Real world examples
40:50 – Wealth vs. Dignity
42:54 – Why wages rise
46:04 – The “free” mindset
49:55 – Competition – the Austrian approach as a process
… Keynes ignored the various stages of production; ignored changes in capital value and neglected the identity between entrepreneurs and capitalists; took replacement of the capital structure for granted; neglected price differentials in the stages of production as the source of interest; and did not realize that, ultimately, the question faced by businessmen is not whether to invest in consumer goods or capital goods, but whether to invest in capital goods that will yield consumer goods at a nearer or later date.
Murray N. Rothbard America’s Great Depression, p. 37n1
Police may use such coercive methods provided that the suspect turns out to be guilty, and provided that the police are treated as themselves criminal if the suspect is not proven guilty … in all cases, police must be treated in precisely the same way as anyone else … police, in a libertarian society, must take their chances like anyone else; if they commit an act of invasion against someone, that someone had better turn out to deserve it, otherwise they are the criminals. As a corollary, police can never be allowed to commit an invasion that is worse than, or that is more than proportionate to, the crime under investigation.
Murray N. Rothbard, Ethics of Liberty, pp. 82–83
The policeman who apprehends a criminal and arrests him, and the judicial and penal authorities who incarcerate him before trial and conviction — all should be subject to the universal law. In short, if they have committed an error and the defendant turns out to be innocent, then these authorities should be subjected to the same penalties as anyone else who kidnaps and incarcerates an innocent man.
Murray N. Rothbard, For a New Liberty, p. 109
Governmental police have not only no incentive to be efficient or worry about their “customers’” needs; they also live with the ever present temptation to wield their power of force in a brutal and coercive manner.
Murray N. Rothbard, For a New Liberty, p. 250
1. Voluntarism. Allow people to opt out of funding police departments- no PD or LEO has the right to collect money by force, like all citizens they must hereby only get what they can voluntarily (advertising, crowdfunding, contracts, Go Fund Me, fundraisers, subscriptions, lotteries, etc)
2. Equality. Hold police officers to the same standard you would any other person or group of persons. They have the right to investigate, defend the innocent, use force to stop aggressors, etc- however these are rights everyone else has, the job of the officer would be to SPECIALIZE in how to keep the peace and stop people from being defrauded or aggressed against.
Part 1 – Private Policing Isn’t a Fantasy: https://mises.org/wire/private-policing-isnt-fantasy
Part 2 – Police Choice: http://libertarianpapers.org/deangelis-police-choice/
Part 3 – Book of Fallacies https://www.amazon.com/How-Win-Every-Argument-Abuse/dp/147252912X
Part 4: My interview with Jason Brennan: https://youtu.be/Ei_3GYGOVyU
This video on Minds.com: https://www.minds.com/media/1114633896594739200
on BitChute: https://www.bitchute.com/video/5ugXseaRhMYt/
Any statute or administrative regulation necessarily makes actions illegal that are not overt initiations of crimes or torts according to libertarian theory. Every statute or administrative rule is therefore illegitimate and itself invasive and a criminal interference with the property rights of noncriminals.
Murray N. Rothbard – Economic Controversies, p. 406
In short, government regulation consists of coercively interfering in what would otherwise be a voluntary exchange, causing death that would not occur if the interference hadn’t taken place.
“Death by Regulation” is the title of a great book by Mary J. Ruwart, can be found here: http://www.ruwart.com/product/death-regulation
… in a world of voluntary social cooperation through mutually beneficial exchanges, where one man’s gain is another man’s gain, it is obvious that great scope is provided for the development of social sympathy and human friendships. It is the peaceful, cooperative society that creates favorable conditions for feelings of friendship among men…. the social relations formed by the division of labor tend to be permanent as individuals specialize in different tasks and continue to produce in those fields.
Murray N. Rothbard Man, Economy, and State with Power and Market, p. 101
James R. Harrigan is managing director of the Freedom Center at the University of Arizona and the F.A. Hayek Distinguished Fellow at the Foundation for Economic Education (FEE).
Whenever a third party coercively intervenes in a voluntary exchange, the voluntary parties are both worse off.
“Any statute or administrative regulation necessarily makes actions illegal that are not overt initiations of crimes or torts according to libertarian theory. Every statute or administrative rule is therefore illegitimate and itself invasive and a criminal interference with the property rights of noncriminals.”
“… my basic motivation for being a libertarian had never been economic but moral. … While I was convinced that the free market was more efficient and would bring about a far more prosperous world than statism, my major concern was moral: the insight that coercion and aggression of one man over another was criminal and iniquitous, and must be combatted and abolished.”
Murray N. Rothbard Betrayal of the American Right, pp. 73–74
Justin Amash appeared on Meet the Press, and frankly did a horrendous job considering we seldom have the chance to reach so many people who need to hear the libertarian message the most. I give the answers I think he should have provided, and link to his abomination in the video’s description.
Social desirability bias is the tendency of respondents to answer questions in a manner that will be viewed favorably by others. It can take the form of over-reporting “good behavior” or under-reporting “bad,” or undesirable behavior. The tendency poses a serious problem with conducting research with self-reports, especially questionnaires. This bias interferes with the interpretation of average tendencies as well as individual differences.
Externalities occur in markets, but they also exist in governments. Government is the ultimate negative externality- they impose costs on non-consenting third parties.
The existence of externalities does NOT justify the existence of a state- or any form of mass violent domination. It’s the equivalent of saying- “Externalities exist. Therefore the Koch Brothers have the right to coercively involve themselves in voluntary exchanges and take 25% of everyone’s income annually, anyone who disobey’s rules made by the Koch Brothers should be put in a cage and shot if they resist.”
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