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Category Archives: General Theory
Consumerist: Ignorant of Basic Economics (A Defense of Payday Loans)
Consumerist always makes for some fun reading. Usually they spend their time over-hyping the most trivial (and occasionally fraudulent) customer complaints and simply vilifying corporate America for having the audacity to offer us products that we may choose to buy. … Continue reading
Defending the State: Drunk Driving Laws
I’m about to do something pretty rare for me and disagree with a prominent pro-liberty writer. In this article, Jeffrey Tucker (who’s writing I am generally a huge fan of) tackles a common theme in the libertarian world, laws against … Continue reading
Posted in General Theory
Tagged drunk driving, DUI, jeffrey tucker, law enforcement, libertarianism, police
1 Comment
Consider the Second Amendment
Note: This post was inspired by a post I recently made on the discussion forums of Tom Woods’ Liberty Classroom in a topic about the second amendment. The second amendment, as currently enforced, is an absolute joke and is completely … Continue reading
Posted in General Theory
Tagged Constitution, founding fathers, gun control, liberty classroom, second amendment
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Legalize. Don’t Tax. Don’t Regulate.
One of the most appealing aspects of libertarian political philosophy is that it demands the legalization of all victimless crimes. Those within the liberty movement celebrate as legalization of various currently prohibited activities (drugs, gambling, prostitution) tends to slowly gain … Continue reading
Posted in General Theory
Tagged Drugs, gambling, legalization, liberals, libertarianism, oregon, prostitution, regulation, statists, Taxes
1 Comment
Labor Markets Aren’t Special
The laws of economics are universal. They apply to all markets, everywhere, at all times. At times, governments or other hostile forces may restrict certain markets in particular ways to cause them to be unique, but the general laws still … Continue reading
Posted in General Theory
Tagged Economics, Free Markets, labor markets, minimum wage, outsourcing, price controls, supply and demand, unemployment
3 Comments
The two most important words in the Declaration of Independence
“among these” No, I’m not crazy, just bear with me for a moment. We all know that modern governments are comprised almost entirely of power-hungry statists. We know that when a new law is considered, there is zero obligation for … Continue reading
Government is not a Prisoner’s Dilemma
So lately during some of my debates, leftist opponents have used a very interesting analogy. They equate government to the classic problem of the “Prisoner’s Dilemma” They argue that governmental programs benefit everyone, but only if all parties are forced … Continue reading
Posted in General Theory
Tagged Debate, Economics, game theory, government, human action, prisoner's dilemma
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Dude, Where's My Freedom? 