“Liberalism knows no conquests, no annexations; just as it is indifferent towards the state itself, so the problem of the size of the state is unimportant to it. It forces no one against his will into the structure of the state.”
—Ludwig von Mises, Nation, State, and Economy: Contributions to the Politics and History of Our Time
Sandy Ikeda offers a nice summary of Elinor Ostrom’s views in a recent Freeman column. As Sandy notes, Ostrom is famous for documenting, through carefully done case studies, how individuals work together to solve various kinds of externality problems without recourse to formal (state) institutions.
“A modern liberal-libertarian strategy of secession should take its cues from the European Middle Ages when, from about the twelfth until well into the seventeenth century (with the emergence of the modern central state), Europe was characterized by the existence of hundreds of free and independent cities, interspersed into a predominantly feudal social structure. By choosing this model and striving to create a U.S.
Recently Circle Bastiat members Peter Klein and Jeffrey Herbener testified before Ron Paul and other congressmen. This Thursday, Joseph Salerno and John Cochran will also testify, as well as Lawrence White.
Some lovely Austro-libertarian poems by Andrew Criscione:
The Subjective Value Theorem
I trade A for B and, see,
This means B is good for me
And if A’s not good for you
You would not be trading, too
And because you trade with me
“Good” exists subjectively
I might value B o’er A
You think just the other way
The Calculation Problem
If I can build a hammer for a dollar
Or I can build the same one for five
On 18 June 2012, I succeeded in placing an article on the centennial publication of Ludwig von Mises’s “Die Theorie des Geldes und der Umlaufsmittel” (”The Theory of Money and Credit”) in the Frankfurter Allgemeine Zeitung (F.A.Z.), one of the more widely read newspapers in the German speaking world.
