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Most Important Ideas

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Fephisto Posted: Wed, Oct 22 2008 6:44 AM

Rank what you think are the most important ideas in economics/libertarianism in general.

 

I'll go with:

 

1)  Law of Unintended Consequences

2)  Governments Can't Calculate

3)  It's Not a Zero-Sum Game

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"Even when leftists talk about discrimination and sexism, they're damn well talking about the results of the economic system" ~Neodoxy

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One does not need central planning for order.

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Freedom of markets is positively correlated with the degree of evolution in any society...

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Subjective Theory of Value

Austrians do it a priori

Irish Liberty Forum 

 

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jtucker replied on Wed, Oct 22 2008 12:13 PM

Division of labor

Money can be private

Society orders itself

Publisher, Laissez-Faire Books

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Rubén replied on Wed, Oct 22 2008 12:42 PM

I'd recall OPPORTUNITY COST, and its cousin: to make sure WASTE IS MINIMIZED!!

Art transcends ideology.

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Solomon replied on Wed, Oct 22 2008 1:42 PM

Property rights and contract as the basis of political ethics.

Diminishing Marginal Utility - IT'S THE LAW!

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1. Self-ownership

2. Without guns and prisons the state could never intervene

3. Everything has an opportunity cost

do we get free cheezeburger in socielism?

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