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The Laws

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Conza88 Posted: Wed, May 27 2009 9:09 AM

Just wondering if we could piece together a collections of "Laws".

Rothbard's Law: no one ever resigns.

Rockwell's Law: Always believe the opposite of what state officials tell you, and the corollary, always do the opposite of what they advise you.

Cont.. Smile

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Rothbard's Law: Everybody specializes at what they are worst at (e.g. Freidman, and money).

Wood's Law: Once the markets have increased the standard of living, governments enact laws to do so, and claim that those laws are the cause of that increase (e.g. the abolition of chid labor).

Abstract liberty, like other mere abstractions, is not to be found.

          - Edmund Burke

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David Friedman’s Law, from ‘The Machinery of Freedom’, 2nd edition) that state services typically produce about one half the value to consumers of voluntary (non-profit or for-profit) provision, at up to twice the cost.

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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nirgrahamUK:
David Friedman’s Law, from ‘The Machinery of Freedom’, 2nd edition) that state services typically produce about one half the value to consumers of voluntary (non-profit or for-profit) provision, at up to twice the cost.

Sorry for not contributing to the thread

I'd be interested as to how he deduces those figures? The book is on my wishlist, but sadly, not owned by me - yet.

The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can't tolerate a libertarian community.

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its not serious, its meant as a quirk, so whenever we hear about studies that are broadly in line with the outcome we can say ,Friedman's Law !

he writes :

Skeptical readers may want evidence for my claim that it costs any government twice as much as it should to do anything. A domestic example is the Post Office; private postal companies make a profit delivering third-class mail at half what the Post Office charges to deliver it a loss. A foreign example is Russia's government-run economy, which invests twice as much of its GNP as we did at a comparable period in our development to achieve the same growth rate. Japan invests privately at the same rate as Russia and gets twice Russia's growth rate.

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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also;

Leslie Chapman, Your Disobedient Servant (London: Chatto and Windus, 1978). A fascinating first-hand account of the mechanics of Friedman's first law—why things cost twice as much when governments do them. The author was a British bureaucrat who tried to reduce the costs of his part of the bureaucracy by modest measures such as not heating buildings that nobody occupied. He succeeded technically, reducing costs by about 35% with no reduction in output, but failed politically; he is no longer a bureaucrat.

Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid

Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring

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Justin D replied on Wed, May 27 2009 11:35 AM

I feel no sympathy for your laziness which you cover and disguise as woes and ills (to welfare queens)
Theft fuels royalty in Democracy
The only social responsibility, is Personal Responsibility
The man who works on Sunday, has a job on Monday.

- Justin DuBois

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Conza88 replied on Thu, May 28 2009 8:59 AM

Parkinson's Law: "Work expands so as to fill the time allotted for its completion."

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Conza88 replied on Sat, Jan 16 2010 9:38 PM

Lew Rockwell: "The pattern repeats itself so often that it almost seems to be a law of history: the radicals who change history must do so over the resistance of the moderates, who claim to be friendly to the same cause, but somehow always end up on the side of established interests." (Moderates and Radicals)

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Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Bank Run replied on Sun, Jan 17 2010 3:21 AM

Bank Run's law if interventionism:

     Any highly regulated market inevitably produces shoddy goods.

Individualism Rocks

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Bank Run replied on Sun, Jan 17 2010 3:53 AM

I've got one for protectionism but I don't know who said it.

When one goes to protect one group and does this at the expense of all groups, or individuals, he rarely helps that group better than a market could have otherwise.

Individualism Rocks

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Merlin replied on Mon, Jan 18 2010 9:12 AM

Murphy's Law: Whatever can go wrong, will go wrong.

The Regression theorem is a memetic equivalent of the Theory of Evolution. To say that the former precludes the free emergence of fiat currencies makes no more sense that to hold that the latter precludes the natural emergence of multicellular organisms.
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I have a whole book of these, The Rules of the Game by Paul Dickson.

I happened to open it up and look at this one first.

Jacquin's Postulate on Democratic Governments: No man's life, liberty, or property are safe while the legislature is in session.

Some of them are quite weird.

Morley's Conclusion: No man is lonely while eating spaghetti.

Sattlinger's Law: It works better if you plug it in.

Democracy means the opportunity to be everyone's slave.—Karl Kraus.

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Hard Rain replied on Mon, Jan 18 2010 10:26 AM

O'Rourke's Law: "When buying and selling are controlled by legislation, the first things to be bought and sold are legislators."

"I don't believe in ghosts, sermons, or stories about money" - Rooster Cogburn, True Grit.
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Conza88 replied on Sat, Nov 27 2010 10:09 PM

Bit of explanation of some of these laws here. Rothbard's sociological laws.

Adding:

This leads me to North's law of bureaucratic expansion:

Any outrageous interpretation of a bureaucratic rule, if widely resisted by the public, will lead to an increased appropriation for the bureaucracy within two fiscal years.
There is an exception.
If the enforcement of the interpretation requires major expenditures for new equipment, the process will take only one fiscal year.
Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Conza88 replied on Mon, Jan 23 2012 10:45 AM

Other discussion. Here too.

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Conza88 replied on Fri, Jan 11 2013 8:25 PM
Woods Law #4: People with the worst taste in music blast it the loudest in public.

https://www.facebook.com/ThomasEWoods/posts/10151387562655726

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Malachi replied on Fri, Jan 11 2013 8:35 PM
Hicks Law: time taken to make a decision increases in proportion to the square of the number of applicable choices.

Focard Transfer Principle: every contact leaves a trace. In criminal forensics this is expressed as a triangle- victim, scene, and perpetrator. Each will take some of the other two, and leave some of itself on them as well.

Keep the faith, Strannix. -Casey Ryback, Under Siege (Steven Seagal)
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Clayton replied on Sat, Jan 12 2013 2:23 AM

Bastiat's Law: "Between a good and a bad economist this constitutes the whole difference - the one takes account of the visible effect; the other takes account both of the effects which are seen, and also of those which it is necessary to foresee."

(Bob) Murphy's Law: The truth is - to a first order of approximation - the exact opposite of whatever Paul Krugman says.

Voltaire's Law: Paper money eventually returns to its intrinsic value — zero.

Clayton's Iron Law of Human Behavior: No matter how stupid, if it can be done, someone will do it... and even if it can't be, someone will try.

Clayton -

 

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