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If some hipster 'hates' civilization I say should be dropped in the backwoods for a month without a cell phone or other fancy devices to complicate their lives. :)
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And this moderator is a left libertarian. Beware! :3~
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Don't get confused by the buzz words. ThatOldGuy summed up my thoughts better with the referenced articles. It's not really that complex once you get under the buzzwords and technical language.
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After reading Kruggieboy's backhanded insult on his blog all I can say is the dude has no academic rigor which he stands on. Seriously, I thought I could be a petty little wench, but this guy makes my emotional musings look downright polite. Wow, just... wow.
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Okay, here's the big problem with the whole ball of wax there. The notion of information asymmetry as Stiglitz loves to tout does not mean markets cannot find a price for a good. The poor fool doesn't recognize that individuals are always picking the price that best fits their situation even if that price is higher/lower than they want on the
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Aggression - any act that is hostile or forceful. Ex. Johnny was aggressive with his date last night since he wouldn't leave his hand to himself.
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That's why NAP by itself isn't the one stop for libertarian theory. This is why I have to headdesk every time someone tries to shoehorn property rights into NAP, when it makes no such claims or notions within its definition. I feel like summoning the cyborg zombie of Kurt Godel to strangulate every thin libertarian that tries this crap with
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I would've knocked Kruggie down in about two points. First, why doesn't the historical data on the disaggregation of the interwar years GDP show private investment increasing until, and why does private investment only increase AFTER the interwar years when the GDP was declining? Second, why did Keynes himself emphasize that savings *must* occur
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Get rid of all these insane theororetical and abstract examples. I have to say, I totally disagree with your assertion that something that is abstract should be discarded. By your logic, algorithms, mathematics, personal values, and introspection should be discarded. We should all become mechanicist drones. Sorry, I prefer the human universe that doesn't
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It's easier to contend that NAP by myself cannot define what is Libertarian and what isn't. In fact, if one follows NAP to the letter then one can't technically use force to defend property either, yet we would all conclude that property rights are essential for personal liberty. NAP is part of set of principles, that when taken in context