Whose Plan?

Whose Plan?

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“The alternative is not plan or no plan. The question is whose planning? Should each member of society plan for himself, or should a benevolent government alone plan for them all? The issue is not automatism versus conscious action; it is autonomous action of each individual versus the exclusive action of the government. It is freedom versus government omnipotence. “Laissez faire does not mean: Let soulless mechanical forces operate. It means: Let each individual choose how he wants to cooperate […]

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Cancerous Politics

Cancerous Politics

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This is why people hate politics: A debate that sprung up in the final hours before lawmakers approved a slapdash budget bill on Friday provides a tidy illustration of the performative bullshit that governs Congress these days. Here’s what happened: After the initial 1,500-page continuing resolution ran aground in the House on Thursday, Republican leaders began tossing parts of the bill overboard in the hopes that a lighter version would get enough votes to keep the government running until March. […]

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Is tariff a move to the right direction?

Is tariff a move to the right direction?

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As a libertarian, I of course, do not like tariffs. However, we live in society and often have to compromise between various evils and pick the lesser ones. Not choosing means choosing to have non libertarian choosing the outcome for us. Let’s just say, not choosing so we are not morally responsible is not the sort of mindset any successful businessmen have. https://www.cnbc.com/2024/12/23/trumps-25percent-tariffs-an-existential-threat-to-canadas-auto-industry.html Imagine government impose tariffs from company A and don’t do the same from company B. […]

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Some Links

Some Links

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Tweet Brian Albrecht combines “theory and empirics around market dynamics.” Two slices: In a recent post reflecting on Austrian economics, Bryan Caplan mentioned that around 2000, he “discovered that John Haltiwanger, a very mainstream economist, had a pile of empirical evidence vindicating the importance of Schumpeterian creative destruction” and wished more Austrians would engage with this empirical work. I couldn’t agree more because this empirical work helps us understand and measure the competitive process. ….. Speaking of Schumpeter—while […]

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The State Isn’t Santa Claus, It’s the Grinch!

The State Isn’t Santa Claus, It’s the Grinch!

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Like Santa, who gives free gifts to our children, people think of the state as providing services “for free.” However, the state cannot provide anything without first confiscating wealth from others—like the Grinch, who first stole all the presents in Whoville.

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