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I wonder what you guys would have say to this: Since man acts and that man is the only being with ethics, I was thinking we probably could derive it as a sub-category of action that man ethicizes/moralizes. It might or might not make it any easier to arrive at ethical propositions, I was thinking that probaly it may somehow help us bridge the Humean
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gplauche, thanks. now i have a penny for denny, as i'm just trying to digest your questioning the nexus b/w morality and owning. i think it's important. are you saying it is totally nonexistent, not even implied? isn't it a kind of coersion and hence "immoral" for a stranger to even use one's pen without permission?
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gplauce, could you please paraphrase your hah! ?
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I didn't read the others' contributions, so do forgive me if you've actually found the like of my brief response. Which is as follows: I think an existential issue is being raised here. Rothbard in MES has in fact dealt with it, saying that libertarianism does not say that people always know what their best interest is. Rather, it says all
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Your good question has reminded me of the difference of investing and saving. I think gold is best as a principle of sound money and as a monetary system. Apart from its being money, gold is a commodity in itself. Unless there is sudden demand for it, gold's value is modest. During financial crashes, demand for it may increase; so may its value
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[quote user="Kirznerian"] I think that Rothbard had a very weak understanding of the problem caused by monopolies. And exactly why they are though to be inefficient. His arguments do not reach the core of the problem. He does not appear to understand the Austrian notion of competition as a dynamic process of entrepreneurial discovery. This
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I think for starters you could benefit from reading "Rothbard on Democracy." (It is linked here: http://www.anthonyflood.com/rothbarddemocracy.htm.) It shows the inherent defects of democracy and the immediate tension when collocated with either capitalism and socialism. Among the the economic arguments are those that focus on the subjective
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You don't happen to be writing it in French, or do you? I barely speak French. I haven't finished Menger's Principles; I'm interested in reading the guide. Please keep me posted.
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I have yet to read his latest essay again. Pinker raised many points there, one of them concerning reasoning and rationalizing it. According to Kantian views that I subscribe, the answer is: yes. Through reason we can leave and arrive at moral positions. Moreover, in one of the early chapters in the Market for Liberty that I am still reading, the authors
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[quote user="tgibson11"] The PPM is really just the inverse of a price index. All the same problems (impossibilities, really) with defining and calculating a price index are equally applicable to calculating the PPM. [/quote] Just wanted to share this: according to Mises' The Theory of Money and Credit (pp. 139-44 and 187-200) , ppm is