Last Knight Live Blog 11 Kraus

Chapter 8 bears the title of Mises’s second book, Nation, State, and Economy, and is devoted to a careful exposition and comprehensive theoretical analysis of the key factors that led to the disastrous World War I.Keeping the context of the general state of intellectual atmosphere of the time in mind, the book must certainly have caused some controversy.

Land Socialism: Playing With Fire

How fashionable it is to love nature.

Down with industry, development, internal-combustion engines, clear cutting, strip malls, and private ownership. Capitalists do nothing but ravage the beauty of mother earth. The hand of man only strangles and kills.

If you agree with the above, you will love the fires that have driven half a million people from their homes in California, and destroyed 1,200 houses. President Bush is dumping your money in the form of aid on these suffering souls, and the flames rage on. FULL ARTICLE

Contra the “Labor Theory of Property”

The Lockean (and Rothbardian) theory of initial acquisition of property involves the necessity of mixing one’s labor with an object in the external environment. Once labor has been applied to a thing, it can legitimately become one’s private property. The immediate question that arises is, how much labor is necessary in order to make a thing one’s own? Suppose I pick up a stone thinking of throwing it an my foe; is the stone thereby mine? But isn’t the stone unchanged? With what have I mixed my labor?

Land Socialism: Playing With Fire

How fashionable it is to love nature.

Down with industry, development, internal-combustion engines, clear cutting, strip malls, and private ownership. Capitalists do nothing but ravage the beauty of mother earth. The hand of man only strangles and kills.

If you agree with the above, you will love the fires that have driven half a million people from their homes in California, and destroyed 1,200 houses. President Bush is dumping your money in the form of aid on these suffering souls, and the flames rage on.

Thinking Seriously

In a a blog post, Pete Boettke presents some interesting and innocuous ruminations about paradigm shifts and progress in science and, then, suddenly, after a few paragraphs, makes a startling categorical claim: “Amateur economists, individuals without advanced degrees, or those not teaching in research universities, who spend their time writing in blogs or in journals not listed by SSCI cannot pull off the desired paradigm shift.

Hoist That Load

Our town council, who loves taxes like my cat loves cream is talking about a sales tax increase: a frequent subject of their deliberations. Only a miniscule addition they say. Pennies. Who’ll miss a 5 penny penalty on a 5 dollar purchase. We should line up to give our political servants this minor increase. Infinitestimal, a painless gift to the city. Insignificant, I think? If that’s so what can they do with the proceeds: paint new stripes on the courthouse parking lot? Then it occurs to me. It aint the money - it’s the principle.