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

one of the principal marks of an educated man

February 28th, 2007 by bkmarcus

In his review of Radicals for Capitalism, Jeff Riggenbach makes good use of

a point H. L. Mencken first made in the Atlantic Monthly back in 1914. “One of the principal marks of an educated man,” Mencken wrote, “is the fact that he does not take his opinions from newspapers.” Why? “He knows that they are constantly falling into false reasoning about the things within his personal knowledge, — that is, within the narrow circle of his special education, — and so he assumes that they make the same, or even worse errors about other things. … This assumption, it may be said at once, is quite justified by the facts.” (Gang 45-46) More than forty years later, when he was putting together his last book, Mencken returned to this thought, formulating it a little differently. When it comes to newspapers, he mused, “[t]he more reflective reader … reads next to nothing, and believes the same amount precisely. Why should he read or believe more? Every time he alights on anything that impinges upon his own field of knowledge he discovers at once that it is inaccurate and puerile.” (Minority 74)

References

Mencken, H. L. “Newspaper Morals” [1914] in A Gang of Pecksniffs: And Other Comments on Newspaper Publishers, Editors and Reporters. Ed. Theo Lippman, Jr. New Rochelle, NY: Arlington House, 1975

——. Minority Report: H. L. Mencken’s Notebooks. New York: Alfred A. Knopf, 1956.

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