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Monthly Archives: April 2013
From 237 years ago: an explanation of interventionism
[Government] was making useless attempts to settle the disorders. Its first regulations had produced them: its last regulations were bound to perpetuate them, or even to make them grow more. Continue reading
A dilemma of property and public interest
I was hoping a reader of the blog could point me to a discussion of the following dilemma, which I’m sure could not have escaped previous Austrian and libertarian scholarship… Continue reading
How to Fix Greece in 7 steps
My article is posted over at Mises.co.za. I argue that Greece needs to: Abolish legal tender law Liquidate state assets for gold Back fractional bank deposits with the proceeds End all state services Repudiate the national debt Deregulate arms and private … Continue reading
Ideas Are Not Property
Some thoughts I felt the need to jot down on why ideas are not property… 1. Private property is a necessary monopoly* that can only be: exclusively first appropriated, voluntarily transferred or, usurped by force. In other words, the stipulation of something as … Continue reading
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Tagged ideas, intellectual monopoly, intellectual property, necessary monopoly, property rights
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Is SA Safer Now Because of Government, or Despite Government?
Acting cabinet spokesperson Phumla Williams said in response to Archbishop Desmond Tutu that “Research has confirmed that people in South Africa are feeling safer now than during the apartheid days. This is a direct result of the implementation of the … Continue reading
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Mangosuthu Buthelezi understands economics
From his official tribute to Margaret Thatcher today [my emphasis]: She was a voice of reason during Apartheid and listened attentively to my plea against sanctions and economic disinvestment, which we both recognised would hurt the poorest of our people … Continue reading
In the final analysis, at best, Thatcher failed
Margaret Thatcher died today. She was 87. Much has and will still be said about her time as PM and her legacy. By the decrepit socialist standards of the day, Thatcher was (and mostly still is) considered a rabid free market capitalist. … Continue reading
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Tagged deregulation, fiscal policy, monetary policy, monetary system, obituary, post-Bretton Woods system, Thatcher
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Re: The Wenzel IP Embarrassment
Russell, just to pick up on your statement that Robert Wenzel’s “speech at the New York Fed in 2012 was one of the great, if unsung, libertarian moments of speaking truth to power.” Note that commenter Patrick points to potentially devastating information … Continue reading
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On Property and Scarcity
Stephan Kinsella writes in his book “Against Intellectual Property” in the chapter “Property and Scarcity”: Nature, then, contains things that are economically scarce. My use of such a thing conflicts with (excludes) your use of it, and vice versa. The … Continue reading
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Why IP is Important
I’ve been getting ragged (in good-spirited jest I must add) by Gareth, who thinks I’m getting distracted by a fringe issue. The thing is, I really don’t think ‘intellectual property’ is a fringe issue. The reason IP issues are not fringe issues … Continue reading