Sunday, April 06, 2014

Koch's Anger Translator

Koch's Anger Translator
Charles Koch wrote a ludicrous screed in the Wall Street Journal, a stand on dignity to excuse decades of plutocratic meddling in politics. A pseudonymous commenter "Mr." served as Anger Translator at Noahpinion.

Thursday, March 27, 2014

A Bitcoin Thought....

I've felt strange every time I've seen Bitcoin images, and I wasn't sure why.  Today it suddenly hit me.

Essentially every Bitcoin image portrays gold coins, often of large size or in large numbers.  Symbols of wealth accumulated as a hoard.

But Bitcoin's main virtue is supposed to be as a medium of exchange: a better symbol would be a wallet or a checkbook.  Or you could just use the B with the slashes the way we use $.

So why is it portrayed as gold coins?  Because an image of something concrete gives idiots a way to believe in Bitcoins, which are just patterns of 0's and 1's.  To invoke the speculative greed that revolves around the gold market.  It's part of the marketing sucker game.

It repulses me the same way most advertising associates products with sex or wealth or beautiful people does.  It repulses me because it's an attempt to exploit subconscious biases, rather than an honest attempt to sell the benefits of the product.

Tuesday, March 25, 2014

What's new

I've been spending a lot of time over the past few weeks investigating various extensions for improving the wiki.  I'd love to have something that works like the CategoryTree extension but with my format, and I spent a while seeing if I could modify it: but that's rather hard.  In the long run, I could, but for now I will stick with a simple category system.  I may still switch to using SemanticWiki rather than DynamicPageList.  It makes the entries and the wikitext look much cleaner, though a few tasks are more difficult.

I've also entered 300 relevant books, though most of them are uncategorized and undescribed.  Still, now I can use them easily in footnotes and bibliographies.  I learned some python to use the xml dump from Delicious Library.  That let me preformat wikitext for each book to cut and paste into pages.  It took a lot of planning, but the entry got done in one day.  I like python: it is much more legible than my old standby, perl.  At some point in the future, when the Cite extension is released, I may switch from my current system to that.

I've also started reorganizing categories to try to reduce the number shown on the front page and make finding things more obvious, even if nested more deeply.

Even so with all this work, I've entered another 40 or so links and categories.

NEW 3/25/2014: Wealth Over Work [More...]
"It seems safe to say that “Capital in the Twenty-First Century,” the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year -- and maybe of the decade." Paul Krugman's review. [more...]
NEW 3/25/2014: Why you’re wrong about communism: 7 huge misconceptions about it (and capitalism) [More...]
Most of what Americans think they know about capitalism and communism is total nonsense. Here's a clearer picture. [more...]
NEW 3/25/2014: Unlearning The History Of Capitalism [More...]
"Imagine if every time somebody expressed support for capitalism, they were immediately screamed down with death tolls from Colonial India, the Transatlantic Slave Trade and the worst of US foreign policy." A plea for the end of cold-war reflexive aversion to the word socialism. [more...]
NEW 3/25/2014: Notes for Debate with Jeff Miron on Marty Nemko’s Radio Show [More...]
"How much does each of us owe to all the rest for there being here to help us? How much do others owe each of us? How much larger are humanity’s collective resources because each of us is around?" Also, 8 kinds of market failure. [more...]
NEW 3/25/2014: Forces of Divergence: Is surging inequality endemic to capitalism? [More...]
An excellent short review of Thomas Piketty's "Capital in the Twenty-First Century". "But Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore." [more...]
NEW 3/25/2014: The Philosophical Case Against Obamacare Is Here. And It's Weak. [More...]
Greg Mankiw makes a fool of himself in attempting the political philosophy of health care. [more...]
NEW 3/25/2014: Academics Spy Weaknesses in Bitcoin’s Foundations [More...]
Game theory suggests the rules governing Bitcoin may need to be updated if the currency is to endure. [more...]
NEW 3/25/2014: Why do YOU hate freedom?
A hunch of snarky reddit answers to this "when did you stop beting your wife" question. [more...]
NEW 3/25/2014: Some Amazon reviews critical of FDR's Folly
Often, the one-star reviews at Amazon identify the ideological bullshit: either the book author's bullshit or the reviewer's. This case is clear: the book author is full of it. [more...]
NEW 3/25/2014: FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression
A classic of cherry-picking and misrepresenting history to suit ideology. Demonizes FDR, who then stands for all that libertarians hate. Four legs good, two legs baaaad. [more...]
NEW 3/24/2014: Trickle-Up Economics [More...]
A review of Thomas Piketty's "Capital in the Twenty-First Century", which demonstrates why growing inequality is inevitable under policies sponsored by libertarians and the rest of the plutocratic right. [more...]
NEW 3/24/2014: Capital in the Twenty-First Century
This book shows how policies concentrate wealth in the hands of the .01%, increasing inequality. Libertarianism has always been sponsored by the extremely rich, and their positions have favored these policies or worse. [more...]
NEW 3/22/2014: The Worst Book I Ever Read [More...]
" It was a horrendously argued book that relied on straw man arguments, ignoring the middle ground, a complete absence of evidence and mainly stating positions without even attempting to defend them. The only praise I have for the book is that it is mercifully short and easy to read." [more...]
NEW 3/22/2014: Capitalism And Freedom (Robert Nielsen review) [More...]
"Before I read the book, I knew I would not agree with it. Even still, I was shocked at how poor an argument Friedman makes and his complete aversion to using evidence to support his claims. His defence of discrimination is disgraceful and unbelievable." [more...]
NEW 3/22/2014: Atlas Shrugged Is A Ridiculous Book [More...]
"... it is a horrendous book containing cardboard characters, over necessarily long speeches, absurd plot lines and at least 500 pages more than it needs." "It is a combination of all the worst aspects of libertarianism, so much so that I’d imagine most libertarians are embarrassed by it." [more...]
NEW 3/22/2014: Why Taxation Is Not Theft [More...]
"Just as all political debates inevitably end with someone making a Hitler comparison, all debates with libertarians sooner or later involve the claim that taxation is theft...." [more...]
NEW 3/19/2014: How Class War Has Impoverished The Middle And Lower Classes
Gradual changes in wages, opportunity, debt, risk, tax policy and other factors have badly hurt the vast majority of families over the past 40 years. [more...]
NEW 3/19/2014: The Most Important Economic Chart [More...]
"The gap between productivity and median real income is at an historic all-time high today." [more...]
NEW 3/19/2014: Voluntary Failures
Just as there are market failures and government failures, there are also voluntary failures such as philanthropic insufficiency, philanthropic particularism and philanthropic paternalism. Where voluntary and market efforts fail, government should step up. [more...]
NEW 3/19/2014: The Voluntarism Fantasy [More...]
Libertarian stories of 19th century voluntary charity ignore the historical facts of how horribly insufficient that system was and how much it was supplemented by state and federal aid. The Great Depression destroyed most voluntary charity, and brought about progressive social insurance programs. [more...]
NEW 3/17/2014: The Programmed Prospect Before Us [More...]
Robert Skidelsky reviews: Mindless: Why Smarter Machines Are Making Dumber Humans. “Scientific management” and “Computer Business Systems” are resulting in de-skilling of the worker and dehumanisation of the workers and the workplace. [more...]
NEW 3/16/2014: On the Wrong Side of Globalization [More...]
Trade agreements like the Trans-Pacific Partnership would make our problems worse. "Huge multinational corporations complain that inconsistent regulations make business costly. But most of the regulations, even if they are imperfect, are there for a reason: to protect workers, consumers, the economy and the environment." [more...]
NEW 3/16/2014: Globalization, Free Trade and Economic Freedom
Code for "let business run the world: the heck with the populace." The anti-liberal dominance of plutocratic property and business over popular sovereignty. Historically, we could extend these concepts to include buying, owning, and selling slaves. The arguments made then were the same. Used by propagandists to trump other freedoms. Also known as economic liberty. [more...]
NEW 3/13/2014: Imposing options on people in poverty: the harm of a live donor organ market [More...]
"If a free market in organs was permitted and became widespread, then it is reasonable to assume that your organs would soon enough become economic resources like any other, in the context of the market. Selling your organs would become something that is simply expected of you as and when financial need arises. Our new ‘option’ can thus easily be transformed into a social or legal demand, and it can drastically change the attitudes that others adopt towards you." [more...]
NEW 3/13/2014: Repugnance as a Constraint on Markets [More...]
Alvin Roth presents an even-handed overview of repugnant market issues and arguments. With special reference to markets for kidneys. [more...]
NEW 3/13/2014: Repugnant Markets
Some markets (or potential markets) are offensive for a variety of reasons. Markets for kidneys, for example. They may involve objectification, coercion, slippery slopes, or undermining of important institutions. Libertarians often say marketize anyhow, while ignoring non-market alternatives. [more...]
NEW 3/12/2014: My Life as a Retail Worker: Nasty, Brutish, and Poor [More...]
" I didn’t realize the stamina that would be necessary, the extra, unpaid duties that would be tacked on, or the required disregard for one’s own self-esteem. I had landed in an alien environment obsessed with theft, where sitting down is all but forbidden, and loyalty is a one-sided proposition. For a paycheck that barely covered my expenses, I’d relinquish my privacy, making myself subject to constant searches." [more...]
NEW 3/11/2014: Bryan Caplan
Yet another creative, ideological, bomb throwing recipient of right-wing welfare at the Koch-fundedGeorge Mason University Economics Department and Mercatus Center.[more...]
NEW 3/11/2014: Intellectual Autobiography of Bryan Caplan [More...]
"It began with Ayn Rand, as it proverbially does...." And goes downhill from there. [more...]
NEW 3/11/2014: The libertarian solution to inequality [More...]
"So, the libertarian solution to the problem of inequality is to socially persecute anyone who talks about inequality?" A strange notion of liberty. [more...]
NEW 3/11/2014: Friday Open Thread (Don't Take Advice from Right Wingers Edition) [More...]
"Glibertarian economist Bryan Caplan -- who may in fact be the world's stupidest serious academic -- is on npr this morning to promote his book arguing that we should all have more children. Magically omitted from his discussion though is the cost of children. And he's a fucking economist." [more...]
NEW 3/11/2014: Selfish Reasons to Have More Kids: Why Being a Great Parent is Less Work and More Fun Than You Think
This book demonstrates two principles. First, extend libertarian and economic ideology to cover everything you can, no matter how ridiculous. Second, no matter how stupid, all repetition of propaganda points promotes ideology. [more...]
NEW 3/10/2014: What do voluntary mean? [More...]
Matt Bruenig makes clear that following antidiscrimination rules for business is exactly as voluntary as following property rules for business. Because you have a choice of not being in that business. And if one violates self-ownership, so does the other. [more...]
NEW 3/10/2014: Liberty, Equality, Efficiency
Inequality of outcome is a drag on economic growth according to recent studies by the IMF. "In short, what’s good for the 1 percent isn’t good for America. And we don’t have to keep living in a new Gilded Age if we don’t want to." [more...]
NEW 3/09/2014: Science
Libertarians (such as John Stossel) are renowned for science denialism. They have a long and bad history of misrepresenting science on tobacco, global warming and other issues. [more...]
NEW 3/09/2014: Objectivism, Libertarianism and Anarchism [More...]
It's a three-way cage match to determine which ideology is the true standard bearer for liberty! An index of 25 webbed articles at the Objectivism Reference Center. A pox on all their houses. [more...]
NEW 3/09/2014: Mythopedia [More...]
The Dictionary of Conservative Lies. A project of Media Matters for America[more...]
NEW 3/09/2014: The Doomsday Cult of Bitcoin [More...]
"Ask any of these Bitcoin believers about any of the recent incidents, and they will defend the currency with religious fervor. [...] But these are head-fakes, meant to distract from Bitcoin's disastrous move to the mainstream while consoling believers about the current state of affairs. [more...]
NEW 3/09/2014: In America’s War on Poverty, the free market is AWOL [More...]
The expanded safety net has contributed significantly to reducing poverty in America over the past half-century; but our market economy has not. [more...]
NEW 3/09/2014: Proof Libertarianism is an Illuminati Ploy [More...]
"Libertarianism and its twin sister Austrian Economics were invented by the Money Power to be the opposite of Communism in a dialectic." It's the Illuminati Jewish bankers conspiracy, I tell you! [more...]
NEW 3/09/2014: The Satanic Core of Libertarianism [More...]
Libertarianism is part of the Illuminati Dialectic with Communism: "Essentially, two seemingly opposed forces advance the same goal: a world police state governed by an oligarchy of billionaire Satanists." A paranoid conspiracy rant about Bernard de Mandeville[more...]
NEW 3/09/2014: Crank Criticisms Of Libertarianism
Beware of damaging your brain reading these. The authors are serious believers in paranoid conspiracy theories who want to prove that everything you know is wrong. Read them for the lulz. [more...]
NEW 3/09/2014: Money Power
"The Money Power" is an old populist term for a conspiracy of Jewish bankers to control currencies and finance. Gold was the defense against this paranoid theory. It is often a dog whistle in support of goldbuggery. [more...]

Monday, March 10, 2014

The new wiki-based site may be offline for a while today...

I need to do some upgrading: I'm about 2 years behind.

...

There, it is functional again.  If anybody spots something not working, let me know please.

Tuesday, February 25, 2014

Bitcoin Schadenfreude

Those Bitcoin Masters Of The World have taken another drubbing today as Mt. Gox closed amid claims that almost a million bit coins have been stolen.

But I hardly think that will kill Bitcoin.

The Bitcoin jingoists are proclaiming the end of amateurism in Bitcoin exchanges, as if this will be the last theft and shutdown.  Anybody who believes that is an idiot.  Just think about it: billions in value in bitcoins just waiting to be stolen by anybody.  Russia and China (and other nations) have huge digital warfare operations that could target those bitcoins, either officially or extracurricularly.  No matter how cryptographically safe, systems can be penetrated through hardware or personnel.  And no government guarantees!  I wonder who will write them insurance knowing this?

But as I've pointed out before, Bitcoin will eventually be swamped with similar currencies and lose value until it is replaced by government-backed currencies.

Saturday, February 22, 2014

What's new

NEW 2/21/2014: HearSay Economics [More...]
"[...] the fallacy Keynes called Say’s Law was and is a powerful force in economic discourse, seriously hampering our ability to respond rationally to economic troubles." [more...]
NEW 2/21/2014: Say's Law
The doctrine that shortfalls in overall demand aren’t possible, because money has to be spent on something. Debunked strongly by Keynes, yet still strongly held by manyChicago School economists and others. [more...]
NEW 2/20/2014: Defining Capitalism [More...]
A section of "Understanding Capitalism" by Geoff Price. Capitalism is a form of collectivist production, differing primarily in how the products of collective labor are distributed: between owners and workers. Well written and easy to follow. [more...]
NEW 2/20/2014: Economix web site and blog [More...]
"Economix is a graphic novel by Michael Goodwin, illustrated by Dan E. Burr, that explains the economy. More than a cartoon version of a textbook, Economix gives the whole story of the economy, from the rise of capitalism to Occupy Wall Street." [more...]
NEW 2/20/2014: Economix: How Our Economy Works (and Doesn't Work), in Words and Pictures
"Economix is a graphic novel by Michael Goodwin, illustrated by Dan E. Burr, that explains the economy. More than a cartoon version of a textbook, Economix gives the whole story of the economy, from the rise of capitalism to Occupy Wall Street." [more...]
NEW 2/20/2014: Books used as sources during the writing of Economix [More...]
An excellent reading list for understanding how politics and economics interact. From the graphic-novel style Economix[more...]
NEW 2/20/2014: The TransPacific Partnership And "Free Trade" [More...]
A short, clear, graphic-novel introduction to the how the wealthy collect the benefits of Free Trade and the rest of us bear the costs. It includes the loss of national sovreignty through trade agreements that force deregulation[more...]
NEW 2/20/2014: Speaking of speeches [More...]
The conservative movement eventually succeeded in destroying that label and making it something shameful for average Americans to wear openly. ("I'm not a liberal or anything, but ...") So we became progressives. [more...]
NEW 2/20/2014: Switzerland
An entrepot with easily defensible mountainous borders. Universal conscription and very strict immigration policies. [more...]
NEW 2/20/2014: The "No True Libertarianism" fallacy [More...]
Libertarians cannot explain why there has never been a libertarian society, and find excuses to explain that existing small governments are not "true libertarianism". The real reason is that libertarianism, like communism, is contrary to human nature. [more...]
NEW 2/20/2014: The Rise and Fall of Cap-and-Trade [More...]
"The problem is not that cap and trade is a theoretical proposal from ivory-tower economists that cannot survive application in the real world. To the contrary, its performance in action surpassed expectations..." [more...]
NEW 2/20/2014: Cap And Trade
A very successful "deregulation" strategy that replaces government regulation and Pigouvian taxes on harmful externalities with government-limited, salable rights to externalities. This brings market efficiency to regulation; thus businesses hate cap and trade. [more...]
NEW 2/19/2014: Mark-up Pricing in 11 Nations and the Eurozone: the Empirical Evidence [More...]
There is a mountain of empirical evidence available for many years now that shows that administered prices are the majority of prices in most modern market economies. [more...]
NEW 2/19/2014: Lee on the Three Types of Mark-up Prices [More...]
A price that is set by a firm on the basis of average unit costs of production plus a profit mark-up is an “administered price.” These prices are also sometimes called “mark-up prices,” “average cost prices,” “full cost prices,” “normal cost prices,” or “cost-plus prices.” [more...]
NEW 2/19/2014: Mark-up Prices
The widespread real-world use of mark-up prices, also known as administered prices, contradict the assumptions of marginalist theory of prices and many DSGE models based on marginal costs. [more...]
NEW 2/19/2014: Why I Am Not an Objectivist [More...]
Libertarian philosopher Michael Huemer accepts all but one of Ayn Rand's five major Objectivist claims: he does not agree that "Every person should always be selfish." [more...]
NEW 2/17/2014: Fighting the Last Macro War? (Slightly Wonkish) [More...]
Real Business Cycle Theory did well with the stagflation crisis, but didn't help with disinflation, the financial crisis or the persistently depressed economy. [more...]
NEW 2/17/2014: Real Business Cycle Theory
A freshwater, Chicago School theory that had one major success in the '70s predicting/explaining stagflation. No successes since then, left behind by the resurgence of various Keynesian schools. [more...]
NEW 2/16/2014: What's Wrong With a Free Lunch?
The straightforward arguments for and defenses of basic income. [more...]
NEW 2/16/2014: Inequality By Design: It Is Not Just Talent and Hard Work [More...]
"If the 1 percent are able to extract vast sums from the economy it is because we have structured the economy for this purpose. It could easily be structured differently, but the 1 percent and its defenders aren't interested in changing things." [more...]
NEW 2/15/2014: The Tom Perkins system [More...]
Libertarians often suggest one dollar = one vote schemes. Here's a satiric set of alternatives that illustrate the class interest in such proposals. [more...]
NEW 2/13/2014: Marxism of the Right [More...]
"The most fundamental problem with libertarianism is very simple: freedom, though a good thing, is simply not the only good thing in life." [more...]
NEW 2/13/2014: Descriptions Of Libertarianism
There are numerous varieties of libertarianism, so no one description will suffice. Here are some overviews and classifications that will give you a broader picture of libertarianism.[more...]
NEW 2/13/2014: Opposing Libertarianism
Opposing evangelical libertarianism is easy, but there's lots to learn to do it effectively. Here is an overview of some of what you would want to know. [more...]
NEW 2/13/2014: Men With Guns
Oh, horror! Laws are enforced by men with guns! But all rights in any social system (including anarchism) are enforced coercively. And isn't it funny that the same Constitution that libertarians claim supports private gun ownership clearly empowers the state to enforce laws. [more...]
NEW 2/13/2014: No, Plato Did Not Think Taxes Were Some Sort of Permitted Theft [More...]
Claims that "Statists think that theft is okay when the government does it" are wrong: they think all citizens of a polity have an obligation to contribute to public expenses. [more...]
NEW 2/13/2014: Taxation Is Theft
Libertarians call taxes bad names. But all voluntary residents have an obligation to contribute to public expenses. The obligation is voluntarily accepted as a condition of residence, unless emigration is prevented. Just like rent is voluntarily accepted by residence. [more...]
NEW 2/13/2014: Meet The Other Billionaire Brothers Funding Right-Wing Causes [More...]
"Fracking billionaires Farris and Dan Wilks are using their wealth to fund ultra-religious right wing anti-gay, anti-choice groups." [more...]
NEW 2/12/2014: Steve Keen, Debunking Economics, Chapter 6: Wages [More...]
Steve Keen lists 5 ways labor is different than the usual commodities. "The problem Keen identifies here is that labour supply curves need not be well behaved." [more...]
NEW 2/12/2014: Assuming Slopes of Curves
Standard neoclassical analysis assumes demand curves are necessarily downward-sloping and supply curves upwards-sloping. The real world doesn't necessarily agree. [more...]
NEW 2/12/2014: Enslave the robots and free the poor [More...]
Martin Wolf at the Financial Times says that because of technological unemployment "[...] we will need to redistribute income and wealth. Such redistribution could take the form of a basic income for every adult, together with funding of education and training at any stage in a person’s life." [more...]
NEW 2/11/2014: Economics for the Rest of Us: Debunking the Science That Makes Life Dismal
Shows how today’s dominant economic theories of economic efficiency and wages evolved, how they explicitly favor the rich over the poor, and why they’re not the only -- or best -- options. [more...]
NEW 2/11/2014: Markets in Everything
A propaganda theme at Marginal Revolution blog. Be amazed at the triumph of markets everywhere, but don't notice that they are often missing, noxious or poor substitutes for government. [more...]
NEW 2/11/2014: Capitalism
Capitalism (and entrepreneurship) are based upon the coercion that creates rights. Capitalism, like fire, is most valuable when it is used for desired purposes (regulated), not burning indiscriminately. For example, as part of Mixed Economy or Social Democracy[more...]
NEW 2/11/2014: Markets
Existing markets are not spontaneous: they are social institutions that have been often created, heavily modified and regulated by governments throughout history. Because markets are amoral, they need regulation[more...]
NEW 2/11/2014: Koch-backed political coalition, designed to shield donors, raised $400 million in 2012 [More...]
"The political network spearheaded by conservative billionaires Charles and David Koch has expanded into a far-reaching operation of unrivaled complexity, built around a maze of groups that cloaks its donors, according to an analysis of new tax returns and other documents." [more...]
NEW 2/11/2014: Inside the $400-million political network backed by the Kochs [More...]
A diagram of the organization and enormous flows of money in one section of the Kochtopus[more...]
NEW 2/11/2014: How Crowdworkers Became the Ghosts in the Digital Machine [More...]
"Since 2005, Amazon has helped create one of the most exploited workforces no one has ever seen." "According to critics, Amazon’s Mechanical Turk may have created the most unregulated labor marketplace that has ever existed." [more...]
NEW 2/11/2014: Liberty, Rights, Property, Coercion, Government, Markets and Capitalism
The ideological universe of libertarians: how to view them with less distortion from propaganda. [more...]
NEW 2/09/2014: Shibboleths [More...]
An explanation of shibboleth (a phrase identifying one as a member of a community) and its context with examples from Republicans. [more...]
NEW 2/09/2014: The housing-market impacts of shale-gas development [More...]
"... fracking is controversial due to the local externalities it creates – particularly because of the potential for groundwater contamination. This column presents evidence on the size of these externalities from a recent study of house prices. The effect attributable to groundwater contamination risk varies from 10% to 22% of the value of the house, depending on its distance from the shale gas well. [more...]
NEW 2/09/2014: Environmental Regulation
Most economic activity has externalities for commons, a major market failure. Environmental regulation is a most cost-effective solution than torts, whether it is accomplished by permits, laws, or community governance. [more...]
NEW 2/09/2014: The Techtopus: How Silicon Valley’s most celebrated CEOs conspired to drive down 100,000 tech engineers’ wages [More...]
A conspiracy to fix wages by chief executives of Apple, Google, Lucasfilm, Pixar, Adobe, Intuit and Intel has been certified as a class-action lawsuit. "For all of the high-minded talk of post-industrial technotopia and Silicon Valley as worker’s paradise, what we see here in stark ugly detail is how the same old world scams and rules are still operative." [more...]
NEW 2/08/2014: Confessions of a Recovering Ideologue, Part I [More...]
Gene Callahan claims to be post-ideological, which frees him to recognize that property is just as coercive as government[more...]
NEW 2/08/2014: Homesteadin' Is the Place for Me [More...]
How the homesteading idea was an excellent excuse for the theft of lands by the 17th-century English landowning class. [more...]
NEW 2/08/2014: Say What, Murray? [More...]
Murray Rothbard claims Say crushed opponents of Say's Law, but didn't mention that Say recanted later on. [more...]
NEW 2/08/2014: Look at the Violence Inherent in the System! [More...]
Libertarian Gene Callahan points out that private property is a social invention, which explains why some nations have "trespass" where others have "right to wander". [more...]
NEW 2/08/2014: Some Fundamental Legal Conceptions as Applied in Judicial Reasoning [More...]
The original 1913 legal article by Wesley Newcomb Hohfeld that helped clarify legal thought by distinguishing right, duty, privilege, no-right, power, liability, immunity and disability.[more...]
NEW 2/08/2014: A Hohfeldian Primer [More...]
A complete but difficult introduction that links to the original text of Some Fundamental Legal Conceptions as Applied in Judicial Reasoning to explain the ideas. [more...]
NEW 2/08/2014: Legal Theory Lexicon 034: Hohfeld Introduction [More...]
A brief introduction that uses the terms claim rights, liberty rights, authority rights, and immunity rights. While it identifies the correlates, it does not mention the jural opposites.[more...]
NEW 2/08/2014: Rights Theory handout: Hohfeld's Fundamental Legal Conceptions [More...]
One page of tables with jural opposites and correlates, and then their paraphrased definitions. The paraphrases change "right" into "claim". [more...]
NEW 2/08/2014: Hohfeld’s typology of rights
Wesley Newcomb Hohfeld created the standard legal classification of right, duty, privilege, no-right, power, liability, immunity and disability in his 1913 article Some Fundamental Legal Conceptions as Applied in Judicial Reasoning. (Privilege means liberty.) Libertarians (and lay people in general) are usually ignorant of these important definitions. [more...]
NEW 2/07/2014: Hayek the Evil Inflationist! [More...]
"So Hayek, after all his attacks on Keynes in the 1930s, essentially admitted Keynes was right, at least on these points at any rate." [more...]
NEW 2/07/2014: Milton Friedman, Unperson [More...]
Paul Krugman points out that Friedman's two major contributions to macroeconomics now seem unsupportable. "So Friedman has vanished from the policy scene -- so much so that I suspect that a few decades from now, historians of economic thought will regard him as little more than an extended footnote." [more...]
NEW 2/06/2014: Government
Libertarians demonize government and grossly misrepresent the nature of government, the effects of government and the differences between governments. [more...]
NEW 2/06/2014: Shibboleth
A shibboleth is a word or phrase that identifies you as belonging to the same tribe. It is a type of phatic expression. Synonyms include dog-whistle, password, watchword and catchword. [more...]
NEW 2/06/2014: The Lockean Fable of Initial Acquisition
John Locke tells a story (nothing more) that ignores the fact that current real-world ownership is based on past theft and conquest, not initial acquisition. "Mixing of labor" is merely expenditure of effort: it does nothing to create property because property is a socially constructed institution[more...]
NEW 2/06/2014: Property
Property, like all rights, is a coercive social institution, not a mystical relationship of individuals with objects. Property redistributes liberty: it protects some specific liberty for owners, and coercively denies that liberty to all others. The pretense that property is not coercive is one of the great libertarian lies. [more...]
NEW 2/06/2014: Initial Appropriation: A Dialogue [More...]
Matt Bruenig explains the coercion involved in "initial appropriation". Much easier to read than Proudhon. He also ridicules the "mixing of labor" idea as being symbolic, rather than an actual description of a physical process. [more...]
NEW 2/06/2014: How the New Classicals drank the Austrians' milkshake [More...]
"It seems to me that the Austrian School's demise came not because its ideas were rejected and marginalized, but because most of them were co-opted by mainstream macroeconomics [...] I'm pretty confident in saying that the paradigm of von Mises and Hayek is dead." [more...]
NEW 2/05/2014: The conservative bias of economic models [More...]
The simple "benchmark" models that are used for first-level economic explanations tend to give conservative results, but often do not match the real world. Minimum wage and increasing the money supply in depressions, for example. [more...]
NEW 2/04/2014: Silicon Valley billionaires believe in the free market, as long as they benefit [More...]
"Google, Apple and other tech firms likely colluded to keep their workers' wages down. So much for that libertarian worldview." [more...]
NEW 2/03/2014: Squeezing the rich is good: even when it raises no money [More...]
Three examples of how unrestrained income for the wealthy is socially harmful and should be taxed, even if it doesn't raise more money. [more...]
NEW 2/03/2014: Bitcoin Exposed [More...]
Paultard silver promotion versus Bitcoin evangelism. 26 reasons why Bitcoin is not as good as silver, when neither is a particularly good investment. A pox on both their houses![more...]
NEW 2/03/2014: Mr. Anonymous and the Not-So-Spontaneous Birth of the Libertarian Movement [More...]
William Volker, alias "Mr. Anonymous", was one of the first major plutocratic funders of what has developed into libertarianism. Tens of billions of dollars have been spent on this centrally planned propaganda blitz over 60+ years. [more...]
NEW 2/03/2014: How Planet Money, This American Life and NPR Have Become Key Players in the Bankers’ Propaganda War on What's Left of Our Social Contract[More...]
The "Planet Money" show of NPR, surprise, surprise, is funded by Ally Bank (formerly GMAC), one of the world’s most toxic subprime lenders. Why else would NRP run a hit piece on Social Security[more...]
NEW 2/03/2014: Subversion of the Opposition
The Koch Brothers (and others) probably know that it is much cheaper to subvert opponents (or defeat them in primaries) than to battle them. And they have vast amounts of money to finance the subversion. [more...]
NEW 2/03/2014: The True History of Libertarianism in America: A Phony Ideology to Promote a Corporate Agenda [More...]
"Before Milton Friedman was earning plaudits as an economic genius, he was a shill for the real estate industry and an early pioneer for big business propaganda known as libertarianism." [more...]
NEW 2/03/2014: United States
Libertarians frequently claim the United States was libertarian or laissez-faire between Reconstruction and the New Deal. Alternatively, they claim it is the closest state now. Both claims are ahistorical and ridiculous. [more...]
NEW 2/03/2014: What was the Greatest Mistake of Lionel Robbins’s Life? [More...]
Lionel Robbins (who brought Hayek to LSE) recanted his opposition to Keynes and support of Austrian business cycle theory, considering it the greatest error of his career.[more...]
NEW 2/03/2014: Confessions of a former Libertarian: My personal, psychological and intellectual epiphany [More...]
"The discomfort I felt with libertarianism was the discomfort of my ideas not aligning with my experiences. My thoughts and feelings were at odds. The feeling nagging me was that I couldn’t reconcile my humanity with my ideology any more than my friend could for me." [more...]
NEW 2/03/2014: Why I fled libertarianism -- and became a liberal [More...]
"I don’t think regular Americans have any idea just how crazy libertarians can be." [more...]
NEW 2/02/2014: The Three Great Errors of Most Libertarians
"Libertarians are mistaken to seek foundations, to take sides over moral approaches, and to have no proper theory of liberty." That's right: don't think, just believe in the ideology and interpret non-aggression his way.. [more...]
NEW 2/02/2014: The Non-Aggression Principle Can’t Be Salvaged -- and Isn’t Even a Principle [More...]
Julian Sanchez points out "the non-aggression principle is ultimately circular, and shouldn’t be the basis for a libertarian theory of politics." [more...]
NEW 2/02/2014: Epicycles and Non-Aggression [More...]
Brian Kogelmann points out "The non-aggression principle isn’t sufficient to help guide most of our political decisions, and so isn’t sufficient to be the core argument for libertarianism." [more...]
NEW 2/02/2014: Six Reasons Libertarians Should Reject the Non-Aggression Principle [More...]
Matt Zwolinski points out six major problems with the idea, all brought up by libertarians at one time or another. He suggests that libertarians need a paradigm shift to a more fundamental and less faulty idea. [more...]
NEW 2/01/2014: John Rawls's A THEORY OF JUSTICE: THE MUSICAL! [More...]
A delightful, musical burlesque of philosophy that pits John Rawls against his arch-nemeses Robert Nozick and Ayn Rand. Vimeo rental. Highly recommended. View the preview and read the Wikipedia page for a synopsis. [more...]
NEW 2/01/2014: The pseudoscience of libertarian morality. [More...]
An extended critical discussion of the pseudoscientific article "Understanding Libertarian Morality: The Psychological Roots of an Individualist Ideology" by Ravi Iyer et al. [more...]
Bitcoin predictions. [More...]
At some point in the not-so-distant future, a nation will issue its own crypto-currency that is exchangeable one-to-one with its ordinary currency... Even the rumor of these currencies will make Bitcoin plummet. [more...]
How a reductio ad absurdum works [More...]
Matt Bruenig points out "Libertarianism violates the NAP [non-aggression principle], as does every other theory that does not advocate the grab-what-you-can world." [more...]
What a World Following the Non-Aggression Principle Looks Like [More...]
Matt Bruenig points out that the "grab-what-you-can world" where people freely expropriate other people’s possessions is the only one where nobody initiates force directly against another person’s body. [more...]
Tyler Cowen: Statist, anti-Rothbardian agent of the Kochtopus [More...]
Tyler Cowen is a strong critic of Austrian and Rothbardian views, and he is hated for that. [more...]


Koch World 2014 [More...]
The Kochtopus raised more than $400 million for the 2012 elections, and has even more ambitious plans for 2014. Several new organizations were created to make the spending more effective. [more...]