The Amazing Atheist: Capitalism doesn’t work because shoppers are too stupid.

July 4, 2013

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” ~ Murray Rothbard

The Amazing Atheist thinks he’s got this economics stuff figured out. The relevant part begins a minute in:

Mr. Atheist actually begins his account of market economics with uncommon accuracy. He describes hamburger/harmonica exchange well enough, at least to start:  Read the rest of this entry »


Links for January 17, 2011: “An American Conversation” on Tucson, Drug Prohibition, etc.

January 16, 2011
  • Reason.tv once again lives up to its name.

  • On January 5, 2011, a gang of gun-wielding thugs rampaged into a private residence and killed a grandfather of 12. My question is: Were the killers inspired by violent “drug war” rhetoric, or were they simply crazy? It is time for an American Conversation on the tragedy in Framingham. Raids like this are conducted over 100 times each day across America. Yes, people die.

  • Vodpod videos no longer available.

    ANN COULTER: I have one statement for you: the welfare state. No, people can not do whatever they want to do and live however they want to live, as long as Ann has to pay for it, when they can’t hold a job and raise their own kids and buy their own food and pay for their own rent. You get rid of the welfare state and we’ll talk about people sitting home and shooting heroin all day, but right now, oh, and now I have to pay for their health care!

    JOHN STOSSEL: So because we have a social welfare system, we have to give up these other freedoms?

    ANN: Yeah, as long as Ann is paying for it.

    Ann Coulter is a little more forthright than the average prohibitionist. Her argument is that since the government is forcing her to pay for something, then it might as well be what she wants most of all, which is to bastille her fellow citizens when she disapproves of their private, personal conduct. If she weren’t forced to pay for something, she might then be open to not paying out of her own pocket to imprison people who have committed no crimes against her or others.

    If Ann doesn’t want government health care money and living expenses to go to drug addicts, then her solution is counter-productive. Even prior to ObamaCare, the only people in the United States of America who have been constitutionally entitled to state-funded health care have been prisoners. Her argument, essentially, is: “I don’t want to pay for drug addicts’ health care food, room, and board, but I love throwing them all in jail, where I’m guaranteed to pay for all of their health care, food, room, and board. It is more important to Ann that we throw drug users in jail than it is that we save Ann’s tax money.”

    That is the logic of prohibition. For more hemming, hawing, evading, and stammering, see part 2:

    Vodpod videos no longer available.

    You can decide for yourselves whether the logic of prohibition wins the day. Read the rest of this entry »


  • Links for July 12, 2010: Is the Energy Star Program a Rubber Stamp?; Much Ado About the Economy, Economics; Much, Much More!

    July 11, 2010
    1. The Government Accountability Office tested the government’s Energy Star program with phony products and found it essentially to be a rubber stamp–except that only 15 of 20 products were accepted and two were rejected.  I wish they’d explained the rejections in a little more detail.

    2. Every time a libertarian stays in the closet, an angel gets its wings ripped off.

    3. We need you out here!!! I highly recommend listening to Mises.org podcasts and watching Reason.tv. After a while, you’ll come to realize that you have ready responses to every statist argument that comes down the tube.  Also, take Christopher Hitchens’s sage advice to heart.

    4. “The Conscience of a Liberal”: Calling your opponent “bizarre” and “crazy” = Checkmate!!! See full ThinkMarkets.wordpress.com response hereRead the rest of this entry »


    Links for June 7, 2010: The Greecing of America, A Libertarian Answer to Oil Spills, Ayn Rand as a “Gateway Drug”, others….

    June 6, 2010
    1. Debt crisis: Coming soon to a country near you…

    2. Greece PM threatens lawsuit against United States investment banks for their “role” in the Greek government’s uncontrolled spending spree. Whatever. In other news, the threat made Democracy Now! headlines, sans, of course, any reference to Greece’s massive public debt–apparently 113% of GDP. Maybe they already did a show on it??

    3. There has been an uneasy dearth of commentary from my favorite libertarian sources on the BP oil spill. Here is one of the best posts I’ve come across explaining what libertarianism could have done, and can still do, for the Gulf. Read the rest of this entry »


    The Barefoot Bum: A Very Special Blogger

    March 1, 2010
    The Barefoot Bum: A very special blogger

    The Barefoot Bum: A very special blogger

    (Originally written September, 2009. I’m giving my ‘Drafts’ folder a little spring-cleaning.)

    The more belligerent an anti-Libertarian screed is, the more I feel the need to respond.  It’s, like, an honor thing.  I have to defend my honor.  I’ve just now found an almost two-year-old blog entitled Libertarians are Retards, by a gentleman who identifies himself alternatively as Larry H. and The Barefoot Bum. Will I just sit here and take that sort of verbal abuse?  No sir!  Read the rest of this entry »


    Studying Marx’s Capital From a Libertarian Perspective: Introduction

    February 25, 2010

    I’m starting a new series of posts in response to Marx’s Capital. I have not read the work previously, so I will be writing as I learn. Because I’m not much into reading, I will study Marx’s Capital primarily via Librivox audio podcast (rss), but I will refer to the Google Books version of the text when necessary.  To assist with understanding, I will be viewing David Harvey’s video lecture series (rss) on the book as I listen.  Here is the introductory lecture:

    Vodpod videos no longer available.

    As usual, it looks like I’ve come to the first class unprepared.  After an hour of general history, Harvey launches into Marx’s theory of value before I’d “read” and considered Chapter 1 of Capital.  I’ll save most of my critique for Marx himself, but here is my an initial reaction to Harvey’s lecture: Read the rest of this entry »


    Links for 2010-02-17: LAPD Harasses Sidewalk Food Vendors, Learn Marx’s Capital via Podcast, others….

    February 18, 2010
    1. reason.tv | Taco Truck Takedown! Why is the LAPD harassing food carts?

      Forty-five days in jail for selling hot dogs? And you thought this was a "free" country…..

    2. LibriVox | Capital Volume 1 by Karl Marx

      The real deal? Das Kapital in a free audiobook podcast.

    3. David Harvey.org | Reading Marx's Capital

      Ooh! A 13-part video podcast on Das Kapital. Can't watch now, but my comments will surely follow! Read the rest of this entry »