lowercase liberty » 2007 » June

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.

twitter.com/bkmarcus

recent

Please support

"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

calendar

June 2007
S	M	T	W	T	F	S
« May		Jul »
	1	2
3	4	5	6	7	8	9
10	11	12	13	14	15	16
17	18	19	20	21	22	23
24	25	26	27	28	29	30

pirates and democracy

June 4th, 2007 by

bkmarcus

Open Culture has a post called “What Pirates Can Teach Us About Democracy”:

Seamen and captains received almost equal shares of booty (that is, a ratio of 2 – 1 instead of 14 – 1) and captains could be deposed at almost any time.

Yup. Democracy strives for an egalitarian division of stolen goods. Meanwhile, those who temporarily take in more booty can be disposed of by those who have taken in less.

Posted in culture, history, language | No Comments »