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.

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

Benjamin Tucker Marcus
Gone Fishing
July 23, 2008

Katrina and the Great Flood of 1927

August 29th, 2007 by bkmarcus

Today we remember the victims of Katrina, but we should not forget that government levees have been failing in minor and major disasters throughout their history. Recall, for example, the Great Flood of 1927. The similarities are startling. A known threat was approaching and yet all the government spending and planning completely failed. In fact, in both cases the government turned a normal problem into a major disaster. The African American population was hurt disproportionately in both cases. In 1927 Herbert Hoover promised aid and assistance that failed to materialize (this was a major reason for the black exodus from the Republican to the Democrat party). In both cases it was individuals and organizations — both commercial and charitable — that did the real work of reconstruction. FULL ARTICLE

Posted in LvMI, history |

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