AUSTRIAN ECONOMICS ADDICT

This is from Mark J. Perry at carpediemblog. “Scaling Back Government: a) A state legislative subcommittee in North Carolina recently approved draft legislation that would dissolve 15 occupational licensing boards in the state, and b) Nebraska hair braiders can’t be jailed for performing their services without a government permission slip, thanks to a new law.” This is a move in the right direction. Shrinking government is possible at the state and local levels. It is difficult at the Federal level.

Venn Diagram Sunday, by Mark J. Perry, at carpediemblog. Mark Perry’s Venn diagrams are always interesting. He shows 12 of his most recent diagrams in this post. Here is an example.

Obamacare Turns 6 – $55 Billion In Waste, So Far, at investors.com. We had lower cost healthcare when the 30 million who didn’t have health insurance went to emergency rooms for their care. Why did we pass 2500 pages of rules to help 30 million people when they weren’t denied healthcare in the first case? Answer. Politicians wanted more power.

Under Revised Policy, College No Longer Threatens To Lock You Up For Passing Out The Constitution, at thecollegefix.com. I bet the college administrators are worried that the Marxist propaganda they’re feeding the students might have some competition.

Transgenders And School Bathroom Question Solved, at targetliberty.com. This is an outside of the box solution. “Abolish the public school system.” This would also solve a lot of other problems.

Forget “Unity” We Need The Freedom To Disagree, by Gary Galles, at misesca. In a world of scarcity and subjective value, there can be very little agreement. Using government power to force people to agree has a high cost. To have less contention between people all we need to agree on is individuals have property rights and voluntary exchange (contract). Our country was founded on these basic principles.

This Place Needs A Recession, at economicpolicyjournal.com. From the article: “The power center of America (Washington D.C.), where politicians, crony capitalists and lobbyists plot, continues to grow……..built on the backs of US taxpayers. DC needs a recession.” The growth in the power of government has allowed politicians to split Americans up into groups and pit us against each other. While we waste time bickering with each other about which party or politician has the “solutions”, government power continues to grow. We don’t realize that answers to our problems can’t come from government because the problems were caused by government “solutions” in the first place. Read (People Want A President Who Will ‘Get Something Done”.)

The Nanny Always Wins: Fantasy Sports Stop Operations In New York, by Scott Shackford, at reason.com. This is an example of private property and voluntary exchange being trumped by politicians and bureaucrats using the force of government.

German Response To Negative Interest Rates, by Paul-Martin Foss, at mises.org. Just as Japanese people responded to negative interest rates by purchasing more safes, German people are responding by withdrawing money from their accounts and putting it in safe deposit boxes. This is a perfectly logical response. But it is a response that our anointed central bankers somehow failed to see. Do you think the banks, sanctioned by government, would go into these safe deposit boxes and take the money and leave an IOU?

THE MUST READ OF THE MUST READS

Markets Are Our Best Hope For Peaceful Cooperation, by Andres Syrios, at mises.org. Excerpt from the article: “…although selfish, human beings are a social species who long for a sense of community….and while morality – such as the golden rule, may be applied universally – human cooperation and empathy are not…The question left before us is what societal arrangement does such a nature best lend itself to. Karl Marx envisioned a future that would be “From each according to his ability, to each according to his need.” But as the biologist E.O. Wilson cleverly noted of communism, “Wonderful Theory, wrong species.” Yes, what works well for ants doesn’t so much for human beings.”…….”Cooperation is a great thing, but it has only been shown to work in small groups. All that’s left with regards to large group interactions is force or exchange. So democracy, on a large scale, is merely people voting on if, when and how to use force against each other.” Read, Individual Liberty Is The Least Contentious Way Of Settling Differences.

BERNOPOLY: NEW BOARD GAME FROM BERNIE SANDERS

This entry was posted on March 26, 2016 at 1:41 am and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Abolish Public The School System, Bernopoly, Boom Town Washington D.C., Fantasy Sports Stop Operations In NY, Freedom To Disagree, Germans Put Money In Safe Deposit Boxes, Mark J. Perry, Markets and Peaceful Cooperation, Negative Interest Rates, Obamacare $55 Billion In Waste, Obamacare 6 years Old, Occupational Licensing, Passing Out Constitution On College Campuses, Scalling Back Government, Scarcity and Supjective Value, Transgender Bathroom Solution, Venn Diagrams, Voluntary Cooperation, Washington D.C. Needs A Recession