individualism for the masses

BK Marcus is an amateur political economist with no formal education in the subject.

He works from Charlottesville, Virginia as an editorial consultant for the Ludwig von Mises Institute and managing editor of Mises.org.

He is no longer a house husband, nor a faculty spouse, but he is still a dilettante and a layabout, at least in spirit.

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"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."

Murray Rothbard

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Benjamin Tucker Marcus
February 19, 2010

journalistic sagacity

February 26th, 2007 by bkmarcus

My first Broken Window Award nomination of 2007 goes to Michael E. Kanell of the Atlanta Journal-Constitution, not because he gets the war/economy equation so wrong, but because Tom Woods gave him every opportunity to get it right:

I got the impression during our conversation that the author understood the traditional what-is-seen and what-is-not-seen argument I made, yet anyone walking away from this article would probably conclude that war really is a nice if unfortunate source of stimulus.

I do object to this characterization of what I said: “The idea that war is an economic stimulus is especially suspect if the economy is already in decent shape, said Thomas Woods Jr….” I never said any such thing; whether the economy is in decent shape or lousy shape, war is not a boon, period.

Posted in economics | No Comments »

misology

February 26th, 2007 by bkmarcus

Here’s a word I wish I’d already known:

This week’s theme from A.W.A.D:

Little strokes make a letter and those letters come together to form words.
We assign meanings to the words. Often they express simple ideas: tree,
rock, water, and so on. Sometimes a word describes a more complex idea.

Have you ever found yourself wondering, “Wouldn’t it be nice if there were
a word for it?” Well, there is a word for almost everything under the sun.
This week we have dug up five words you may not have known existed.

Posted in language | No Comments »

doomed ideologies

February 26th, 2007 by bkmarcus

“The Democrats and their Doomed Ideology”

“The Republicans and their Doomed Ideology”
By Lew Rockwell

Posted in LvMI | No Comments »