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voting is a waste of time. If it was completely costless I would vote for Ron Paul regardless of wether or not he was on the ticket. This is how the RP supports should be caucasing. They should threaten to take ALL of their votes away from the GOP if Paul is not the nominee. Force the regular conservatives to decide just how much they hate Obama (its
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Those fucking simpletons can't understand that just because we are against Lincoln and the Union, that does not follow that we love Jefferson Davis and slavery. Same goes with the US in WWII. Just because we think FDR and Truman were awful, doesn't make us Nazis.
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asked Bob, here is the link, be sure to watch it with the power point: http://mises.org/media/1465/Anarchy-and-Economies-of-Scale
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[quote user="John James"] [quote user="Joe"]John James, what is this talk about not importing from China in a free market, what are you basing that on? That doesn't make any sense.[/quote] Who said anything about not importing? [/quote] [quote user="John James"] Even if we assume China has a truly free market as well
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[quote user="James"] It would always be best to make war against you an extremely costly option relative to peace. Make yourselves valuable to your enemy, and they will not want to be your enemy. [/quote] To this point, that is why Patri Friedman would not allow people to use his seasteads (assuming they were up and running, functional and
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Murphy on this topic: http://www.youtube.com/watch?v=r3n0raXQ0oU He also did a very technical peiece with formulas and everything about the possibility of one PDA emerging as a monopoly and the odds of that happening. Can't seem to find it, might have to email Bob, so I can post it here.
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the only real problem is from within. Sort of the same thing that brought down classical liberalism. People get so wealthy from the free markets, etc. and they forget WHY they got this way, because it doesn't cost them anything if they don't know WHY it is that they are rich. This means that individuals living in a free society are not punished
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one important thing to keep in mind is the public choice angle, i.e. do not commit the nirvana fallacy, and actually comparing govt funding of "pure" science vs. what would happen in a free market and not comparing free market funding vs. some mythical system where unbiased scientific purists are handing out funds based completely on merit
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I would agree that the guys main problem is in looking at nominal wages as opposed to real wages. He is also not thinking at all like an economist, he is not seeing the bigger picture, he isn't seeing the benefit of everyone else in the economy paying less for the now cheaper goods, now all of those other people have more money, with this money
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don't know where Murphy said/found this, but I think I remember seeing him post somewhere about inflation in high order capital goods being quite high and then he showed all the other measures being slightly less. Found it: http://consultingbyrpm.com/blog/2011/10/friendly-monthly-price-inflation-update.html