Thursday, May 3, 2012
Freedom in Mexico and Seth King on BitCoins
In the first hour David and Josh call in to discuss their discovery of freedom in Mexico (without trillion dollar wars to "keep it free").
In the second hour Seth King from DailyAnarchist.com discusses BitCoin, Anarchism, and the fact that so-called rights are not what make us free.
In the first hour Wake Up Call, Aaron and Josh discuss the American and Alaskan cows and how they do what the farmer wants. In the second hour they discuss the socialist oil dependency that Alaskans have growing on them like a giant tumor.
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We have no idea what the free market price of oil is because states claim ownership of the land holding the oil. We have oil communism. This encourages over-utilization because profits are privatized and costs (depletion of the long term value of the oil field) is socialized. To "balance" that out we get regulations forcing us to "economize" energy, to throttle exploitation politically, when actual private ownership of the resource and profit maximizing behavior on the part of the owners (rational exploitation of the resource, rather than "fast as possible" exploitation) would do that naturally. We don't know if gas prices would be higher or lower as a result. We just know that the current exploitation pattern is more likely political than rational.
ReplyDeleteRothbard, Conservation and Property Rights,
Jim in Kenai
"Are there any stateless societies?"
ReplyDeletehttp://mises.org/daily/4881
The Art of Not Being Governed
Jim in Kenai
On the exploitation patterns of oil fields, I suggest "Conservation and Property Rights" by Rothbard. We don't know what the free market (rational) price of gas/oil would be, but we can be pretty sure what we have isn't it.
ReplyDeleteJim in Kenai