I am a new student here and am enjoying the site very much. I am currently reading the must-reads and anything else I can get my hands on. My opinion on the Austrian school and how I feel about it was summed up precisely by Pascal Salin in a speech delivered for recognition of the Gary Schlarbaum Prize, and reprinted on the Mises Daily under the title, "Austrian Economics: The Ultimate Achievement of an Intellectual Journey."
"For many years I had been an Austrian economist without knowing it. But when I did discover Austrian economics, I was amazed, because economics appeared as it ought to be: not as a patchwork of partial theories, of different fields of thought without any link between them, but as a logical process of thought founded on realistic assumptions about individual action. Economics became coherent. As Mises rightly wrote, "There are no such things as 'economics of labor' or 'economics of agriculture.' There is only one coherent body of economics." - Pascal Salin
This is exactly how I felt, although my study on economics probably wasn't nearly as complete as Mr Salin!!
Regardless, I have a question about income taxes. I understand the Austrian or Libertarian viewpoint is that taxes are unneccessary and destroy wealth, incentive, capital creation, and freedom. Taxes provide a method for the the government to continually increase spending and steal private property from citizens. It seems the general consensus among the authors here is that goverment should generate some revenue for national defense (albiet smaller), police, firefighters, and general support of functions that provide for the protection of private property.
I agree with that premise, but I can't find what the stated solution to abolishing the income tax is. How will the goverment raise the neccessary revenue? Eliminate all trade tariffs, excise taxes, ect, ect?? Where does the goverment get the revenue to pay the president, servicement, and judges? What would the country look like under this system? Any links to book or articles on the subject would also be welcome.
Regards,
Matt
Peter Cohen:And I myself have never been able to see how the total privatization of law and security would not turn into armed gangs enforcing their street corners and demanding protection money
It's really very simple. Whereas the state has a herd of tax cattle from which it can appropriate the resources needed for security (or "security") production and so will lose nothing (except prestige occasionally) in so doing, private security producers have only finite resources (viz. their own property) and so must exchange a loss for any gain they hope to achieve in their performance; moreover, any such individual is subject to legal expenses whenever he damages another's property (compare with public law enforcement or military incursions). Essentially, PDAs will not thuggishly go around attacking people for the singular reason that it is in their own self-interest to refrain from doing so.
Diminishing Marginal Utility - IT'S THE LAW!
Conza88,
I appreciate the links, but for some reason they are unavailabe. Anyone know why? Says, "not authorized to view this page"
Wow. That will teach me to not make a post and then not go back to the thread for several days. I am revealing my newbieness to this forum by my not anticipating such an upheaval from my one post. I may do a rewrite of this post and stick it in my blog, as it would appear a good idea to state my position for the record.While I am a newbie to this forum, I am not a newbie to Austrian economics. I was converted thirty years ago, clued in by Ayn Rand, then through formal studies in Economics, greatly accentuated by reading some of the classic Austrian texts of that time. In short order I found myself involved in Libertarian politics. And shortly thereafter I was gently eased out of the Libertarian politics of my area, because I am not an anarchist. I am a pragmatist.It is interesting to note that the one election I was involved in, I was one out of ten Libertarian candidates. I was the only candidate who got enough votes to actually get mention on the day of the election, gaining enough votes to place third in my riding, beating eight other candidates. I suspect that a primary reason for that is that I do not espouse the utter abolition of all government, and the other candidates did. I was nowhere near as frightening to the electorate as the other candidates.My minarchism is motivated as much by practical expediency as anything else. What is the point of our discussions here? Is it to engage in a 'quaint' intelectual debate amongst ourselves, as an exercise in mutual mental masturbation? Or do we actually desire to accomplish something, to bring about an evolution in our society that allows for greater freedom? If this is simply an intellectual exercise, I would bow to the superior argument of the anarchists (and quietly recuse myself, as I have better things to do). If however we wish to actually accomplish something, I would suggest that the anarchists get out of the way.A transition from the current statism to an anarcho-capitalist society is simply impossible. You could scream your message loudly from every street corner from here to eternity and achieve absolutely nothing. 99% of the people will utterly reject everything you say for the simple reason that they fear the idea of anarchy, and the louder you scream, the more fearful they likely would be. However a transition from the current statism to a minarchist 'Libertarian' government, contrained by a constitution to the classic provision of a legal system, police and military, limited to protecting the people from force and fraud, that IS possible. That society is a practical goal, one we might even achieve within the lifetimes of some of the posters here.And here I would offer the olive branch to the anarchists. Once the people are living in such a minarchist society and they see that extremely minimal government has not led to the destruction of society, the transition from there to a wholly anarcho-capitalist society will not be seen with the same degree of fear as it is now. The evolution of society into one utterly devoid of coercive government would actually then be possible.
Peter Cohen:What is the point of our discussions here? Is it to engage in a 'quaint' intelectual debate amongst ourselves, as an exercise in mutual mental masturbation? Or do we actually desire to accomplish something, to bring about an evolution in our society that allows for greater freedom?
There is no more common act of mental masturbation than the pursuit of political means to solve problems of too much politik.
Peter Cohen:If this is simply an intellectual exercise, I would bow to the superior argument of the anarchists (and quietly recuse myself, as I have better things to do). If however we wish to actually accomplish something, I would suggest that the anarchists get out of the way.
It's not an intellectual exercise, nor a corrupt one. Non-voting, anarchist or anarch-sypathetic individuals have been leading the charge. The people who compromise, the pragmatists like the LP and Cato have accomplished nothing but to reinforce the state.
To the first question I quoted, we're here to advance the scholarship of liberty in the Austrian tradition and all that entails. Including Rothbardian anarcho-capitalism and Hoppean rejection of democracy as a false paradigm.
Peter Cohen:A transition from the current statism to an anarcho-capitalist society is simply impossible.
No one is saying it will all come at once, but few of us will equivocate on what liberty is and what it is not.
Peter Cohen:You could scream your message loudly from every street corner from here to eternity and achieve absolutely nothing. 99% of the people will utterly reject everything you say for the simple reason that they fear the idea of anarchy, and the louder you scream, the more fearful they likely would be.
I don't recall fear being a tactic anyone here discusses. Nor screaming.
Peter Cohen:However a transition from the current statism to a minarchist 'Libertarian' government, contrained by a constitution to the classic provision of a legal system, police and military, limited to protecting the people from force and fraud, that IS possible.
You can't protect people from force and fraud by making it institutional. Government by definition is coercive, and politics is based upon the redistribution of property, which means it logically cannot protect property.
Peter Cohen:And here I would offer the olive branch to the anarchists. Once the people are living in such a minarchist society and they see that extremely minimal government has not led to the destruction of society, the transition from there to a wholly anarcho-capitalist society will not be seen with the same degree of fear as it is now. The evolution of society into one utterly devoid of coercive government would actually then be possible.
Gradualism never works. Radicalism pulls the center.
Satisfy yourself with weakened bonds and you will still spend a lifetime in chains.
If you find something evil that wobbles, push it. - Gary North
Peter Cohen:A transition from the current statism to an anarcho-capitalist society is simply impossible. You could scream your message loudly from every street corner from here to eternity and achieve absolutely nothing. 99% of the people will utterly reject everything you say for the simple reason that they fear the idea of anarchy, and the louder you scream, the more fearful they likely would be.
That leads me to a new thread...
liberty student:...we're here to advance the scholarship of liberty in the Austrian tradition and all that entails. Including Rothbardian anarcho-capitalism and Hoppean rejection of democracy as a false paradigm.
liberty student:I don't recall fear being a tactic anyone here discusses. Nor screaming.
liberty student:Gradualism never works. Radicalism pulls the center.
Peter Cohen:Ron Paul is a gradualist
That's a joke, right?
"You don't need a weatherman to know which way the wind blows"
Bob Dylan
GilesStratton: Peter Cohen:Ron Paul is a gradualistThat's a joke, right?
Peter
Have you read this post http://mises.org/Community/forums/t/7827.aspx ?
I am interested in what your answer would be.
Mr Paul ran for president on a platform of abolishing the Fed, the warfare state, the welfare state and eventually the income tax. I don't think you have any idea how many special interest groups he pissed off, otherwise you wouldn't be doubting that he is radical.
In fact, there's a good reason that RP was successful and Barr wasn't.
Peter Cohen:Ok, that is a perfectly legitimate raison d'etre for these forums. I shall for the most part then remain silent, as I am much more interested in moving the hearts and minds of Joe Bloe public towards a more serious consideration of the economics of freedom. And my own experience has me utterly convinced that the trick to that is teaching people the basic principles of Austrian economics, not Objectivist philosophy or whatever other brands one puts to anarchy.
So this means you won't defend your ideas in discussion? I ask because you started off poo-pooing anarchism, then claimed minarchism might be a path to anarchism.
What principles do you hold as libertarian? Take them to their logical conclusion. If you believe liberty and property, self-ownership and natural rights are the foundations of libertarianism, then they do not lead to minarchism.
Peter Cohen:Ron Paul is a gradualist.
Ron Paul is not a gradualist. He is a free trader, so he opposes tariffs. And he wants to eliminate the income tax, so there would be no income for government in that manner. What other conclusion can we draw, than Ron Paul is for 100% voluntarism, which is, anarcho-capitalism?
I think you will be able to avoid coming around to anarchism, only by choosing not to engage people with your ideas. And by people, I mean people who disagree with you re: the state, not people who think the state is acceptable in some form. Again, radicalism leads to significant change. Gradualism does not.
MatthewF: Peter Cohen:A transition from the current statism to an anarcho-capitalist society is simply impossible. You could scream your message loudly from every street corner from here to eternity and achieve absolutely nothing. 99% of the people will utterly reject everything you say for the simple reason that they fear the idea of anarchy, and the louder you scream, the more fearful they likely would be. That leads me to a new thread...
I guess it depends on what new thread you have in mind, unless you mean this: http://mises.org/Community/forums/t/7790.aspx
"I used to see a mountain as a mountain.. Thereafter.. when I saw a mountain; lo! it was not a mountain.. yet now of final tranquillity: I see a mountain just as a mountain as I used to.." - Master Yuan; molon labe
GilesStratton:... otherwise you wouldn't be doubting that he is radical.
liberty student:So this means you won't defend your ideas in discussion? I ask because you started off poo-pooing anarchism, then claimed minarchism might be a path to anarchism. It's all very confused Peter.What principles do you hold as libertarian? Take them to their logical conclusion.
eliotn: http://mises.org/books/chaostheory.pdf
http://mises.org/books/chaostheory.pdf
Many thanks to you; that .pdf was brilliant.
Peter Cohen: But he has never called for the utter abolition of all government, the absolute dissolution of the military, etc.. He is by his own admission a Constitutionalist. He believes in a minimal government limited in it's authority by the constitution.
He knows the audience, that's all.
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