mp3 music blogs
June 15th, 2007 by 
bkmarcus
For Your Listening PleasurePosted in culture | 
No Comments »
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.
twitter.com/bkmarcus
recent
- Nature’s Grand Hotel has its Season
- happy Rothbard day
- Austrian food
- featured on iTunes U: The Costs of War
- The Long Dark Tea Time of the Soul
links
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."
calendar
archives
categories
Benjamin Tucker Marcus
February 19, 2010
wrestling land from the sea
June 15th, 2007 by bkmarcus
Wresting Land from the Sea: An Argument Against Public Goods Theory
The assertion that the state must provide “public goods” seems so obvious to the economic mainstream that it is not even debated.
In the United States, we are offered the examples of roads, bridges, and recently, the levees of New Orleans. In Germany, the textbook example of the public-goods argument is, as in New Orleans, the system of dikes and levees.
Philipp Bagus examines the theoretical aspects, as well as the historical evidence from the Frisia region in Germany for this government-legitimizing argument, showing that private dikes were the historical norm before the centuries-long infiltration of the state. FULL ARTICLE
(See also this morning’s article, “Who Owns Water” by Murray Rothbard.)
Posted in LvMI | No Comments »