“The problems on campus life today are not about free speech. They are about how the students have absolutely nothing to do with their lives but sit and listen to lectures, find the best parties to attend, and otherwise discover first-world problems to stew about and protest. That's the root of the problem. This is not a commercial environment where people are incentivized to find value in each other. Campuses have become completely artificial 4-year holding tanks for infantilized kids with zero experience in actual life in which people find ways to get along. These students are not serving each other in a market exchange, and very few have worked at day in their lives, so their default is to find some offense and protest. It's all they've been taught to do and all they know how to do. Idle hands and parents' money = trouble.” GovernmentSchoolFreedomEducationLibertyFamilySocietyYouthStudentsHigherEconomicsTradeUniversityLibertarianAnarchyFreePupilsSchoolingStateStatismVoluntaryismMarketsLaissez FaireAncapAnarcho CapitalismIdiocracy Author:Jeffrey Tucker
“Socialism is not really an option in the material world. There can be no collective ownership of anything materially scarce. One or another faction will assert control in the name of society. Inevitably, the faction will be the most powerful in society -- that is, the state. This is why all attempts to create socialism in scarce goods or services devolve into totalitarian systems of top-down planning.” GovernmentEvilPoliticsIndividualFreedomLibertyCapitalismEconomicsTradeLibertarianSocialismCommunismAnarchyIndividualismFreeFree MarketCoercionCollectivismStatismVoluntaryismMarketsLaissez FaireNon Aggression PrincipleAncapAnarcho CapitalismAustrian School Of EconomicsCollectiveAuthoritarianRegulationsVoluntaryist Author:Jeffrey Tucker
“Growing economies are built by billions of actors behaving according to their own interests, coordinated through institutions that no one in particular created. Realizing this requires humility, a trait that is in short supply among would-be dictators, politicians, and bureaucrats, which is precisely why these groups are the proven enemies of prosperity in all times and places.” GovernmentEvilForceFreedomLibertyEconomicsLibertarianSocialismCommunismControlAnarchyTheftCoercionCollectivismStateStatismVoluntaryismLaissez FaireNon Aggression PrincipleAncapAnarcho CapitalismAustrian School Of EconomicsNapInitiation Of ForceAustrian Author:Jeffrey Tucker
“There is only a certain amount of wealth in the world, this thinking goes. Economics is a matter of acquiring and allocating, not creating. This was the view of the world’s smartest people, all top philosophers and not stupid people, for many thousands of years before the age of the enlightenment. It still is.” GovernmentEvilPoliticsForceFreedomLibertyKnowledgeViolenceEconomicsLibertarianSocialismCommunismAnarchyDictatorshipTaxationTheftCoercionCollectivismStatismVoluntaryismLaissez FaireNon Aggression PrincipleAncapAnarcho CapitalismAustrian School Of EconomicsDictatorsNapInitiation Of ForceAustrian Author:Jeffrey Tucker
“What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we’d been lost.” CapitalismEconomicsValueLibertarianAnarchyPriceVoluntaryismAncapAnarcho CapitalismAustrian School Of EconomicsAustrian Economics Author:Jeffrey Tucker
“Where there is commerce there is peace.” WarGovernmentFreedomLibertyViolenceEconomicsTradeLibertarianNationalismAnarchyFree MarketCoercionSanctionsFree TradeStatismVoluntaryismLaissez FaireNon Aggression PrincipleAncapAnarcho CapitalismAustrian School Of EconomicsProtectionismNap Author:Jeffrey Tucker
“Recall that the minimum wage was initially conceived as a method to exclude undesirables from the workforce.” GovernmentForceFreedomLibertyViolenceEconomicsLibertarianSocialismAnarchyFree MarketCoercionCollectivismStatismVoluntaryismLaissez FaireInitiationNon Aggression PrincipleAncapAnarcho CapitalismAustrian School Of EconomicsNapRegulations Author:Jeffrey Tucker
“In the same way that central banking nearly wrecked the world and created one calamity after another, bitcoin can save the world one transaction at a time. It is time for a new beginning.” GovernmentFreedomMoneyLibertyCapitalismEconomicsLibertarianSocialismAnarchyTaxationInflationCoercionStatismVoluntaryismNational DebtAncapAnarcho CapitalismBanksAustrian School Of EconomicsAustrian Economics Author:Jeffrey Tucker
“Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.” IfsWayShouldLooksStatesEnoughUseHandsPrinciplesPolicyHugeDemandAspectEconomicsMessBeerGasRegulationTransportationPreventingDaycare Author:Jeffrey Tucker