Currently viewing the tag: "law"

I. Curt, what does “Exchange under trade is different from exchange under market.” mean?

Trade and Market are commonly framed as causally synonymous when they are not. Trade is natural to humans. Markets are an institution that humans have made [...]
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A Little History For Context

The term ‘Freedom’, and its near relation ‘Liberty’, have a long heritage.   The babylonian words “ama-gi”, meaning “Return To The Mother”, written in cuneiform, are often cited by Libertarians as the first written use [...]
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Joseph Postell of the Heritage Foundation, whom I admire, posts an article in today’s Washington Times entitled Constitutional Decline. Keeping the tradition of picking on your friends, because it’s simply an easier way to make a point than systematic [...]
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I dont like to criticize postings at the Mises Institute, of whom I have been a member and supporter for almost a decade. It is far less work to improve on small errors than to solve catastrophic ones. And [...]
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Timeplots posted an infographic on women’s participation in congress, which, all things being equal, has essentially remained flat. However, I take issue with the assumption that participation alone is a measure of somehting valuable, other than than as [...]
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I’m going to say something. It will only take a moment. And my time is at least as valuable if not more so than the state’s, the court’s, or that of the officers’.

You see, I understand something very important.

[...]
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The fed was not effected by dogma, but by strategy, the strategy was faulty (get people into homes as a recipe for fixing the tech crash) and it’s risk mitigation was faulty (the new ‘financial instruments’ would make failure impossible.) [...]
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Beezer of beezernotes.com, posting on The Economist’s View, left a short reply to the posting, “Goodbye Homo Economicus.” I wanted to capture it because it’s both simple and accurate but also inverted and erroneous. And I do not mean [...]
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I’ve been asked quite a few times what I mean by “calculation.” My editor, among others, has stated that I’m not clear. So I’m going to try to put this in context.

CALCULATION
The English word derives from the [...]
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The horrid natural impact of laws was something surprising to me. We have for well over two thousand years been subject to a method of thought and a political tool that was designed for managing slaves: law. And slavery is [...]
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