I agree with 100% of this. I wish I had made it.
SecularNumanist reads from Schopenhauer’s On the Basis of Morals
old news but a good reminder
An excellent primer on a number of issues. Highly recommended reading. [pdf]
Vijay Boyapati, “Why Credit Deflation Is More Likely than Mass Inflation: An Austrian Overview of the Inflation Versus Deflation Debate,” Libertarian Papers 2, 43 (2010).
Adherents of Mises (sometimes peculiarly closer to Rothbard and anarchism than to Mises himself) often claim that Hayek represents an entirely different strand in the Austrian tradition, go beyond the legitimate Böhm-Bawerk/Wieser separation and argue that Hayek is a covert social democrat. Such interpretations are true to the extent that Hayek explicitly opposes the minimal state. But they appear thoroughly absurd if one analyzes Hayek’s economic policy oeuvre, his opposition to the ideal of social justice and his personal political involvement.
—Another gem from Hayek as Ordo-Liberal [pdf].
Just sayin’, the people he killed were probably cultural marxist pieces of shit and it’s good that they’re dead. An act of state is an act of war, I doubt if a single one of the people he killed were innocent. If they voted for anything but the abolition of the state, they’re guilty. I’m not saying to kill all statists, but I don’t cry over their deaths nor should one hesitate to do so if it was necessary.
While it would be an exaggeration, it would not be altogether untrue to say that the interpretation of the fundamental principle of liberalism as absence of state activity (rather than as a policy which deliberately adopts competition, the market, and prices as its ordering principle and uses the legal framework enforced by the state in order to make competition as effective and beneficial as possible – and to supplement it where, and only where, it cannot be made effective) is as much responsible for the decline of competition as the active support which governments have given directly and indirectly to the growth of monopoly.
— F.A. Hayek, “Free” Enterprise and Competitive Order (Presentation in April 1947 at the founding meeting of the Mont Pèlerin Society), reprinted in: Individualism and Economic Order, Chicago, pp. 107-118. Found in the superb paper Hayek as Ordo-Liberal by Stefan Kolev [pdf]. Yes, it is one sentence.
See my last post for the script.