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

socialization

May 23rd, 2008 by bkmarcus

I hate it when people talk about socializing children.

Whether they realize it or not, they mean “socialize” the same way the word is used in the term “socialized medicine.”

But even if you accept that they’re talking about making sure children are sociable, making sure they have social skills, how did the schooling establishment manage to convince everyone that the government’s schools were the necessary means toward those ends? Are we supposed to believe that no one was ever sociable before the 19th-century invention of compulsory schooling?

Furthermore, practically everyone who levels this supposed criticism (or voices it as a “concern”) went to these types of schools! How do we make sense of that? Were they all popular? Were none of them subjected to long-term bullying? Most of my friends were neighborhood friends. Did these people live in neighborhoods where they were the only children? Did none of them go to church, scouts, camp, clubs, etc.? Really? All their friends were classmates and they all promoted mature and subtle social skills?

Well, I don’t really see the need to debunk such an absurd idea — a belief that one could only maintain through deliberate thick headedness — but if you want some material to counter the socialization claims, I now have something to point you to.

Linda Schrock Taylor very kindly included me among the people she forwarded this article to:

“Socializing Homeschooled Students,” by David W. Kirkpatrick

Here’s the critical line:

“Largely unrecognized are studies that show youngsters who spend more time with their peers are more likely to develop peer standards than adult ones, and the earlier they begin peer-dominated experiences the more dysfunctional their values and attitudes may be.”

Posted in schooling | 3 Comments »

the silver price for gas

May 23rd, 2008 by bkmarcus

Last year, I wrote,

… a great piece of silver trivia I’d never heard before:

In 1964, 3 silver dimes could buy you a gallon of gas (about 27¢/gallon); At the current rate of silver, the metal value of 3 silver dimes would be about $3, just enough for a gallon of gas.

I checked the math. Silver was $1.29/ounce in 1964, according to Kitco.com. Today’s spot price is $12.93, again, according to Kitco. According to 1960sFlashback.com, gasoline was 30¢/gallon in 1964. And according to MSN, a gallon of gas in Charlottesville today ranges from $2.27 to $2.59/gallon.

So if anything, gasoline has gotten cheaper. At least by the silver standard. By the gold standard ($35.10/ounce in 1964 versus $650/ounce today), we should expect a gallon of gasoline to cost $5.55 in present dollars, so by gold-standard prices, gasoline prices have fallen significantly.…

Today’s spot price for silver is $18.20. That would put a gallon of gas at $4.23.

In Charlottesville, gas prices range from $3.71 to $3.92 per gallon.

Just thought I’d offer an update. You can read the rest of last year’s post for some background on the nature and history of money, inflation, coinage, etc.

Update: The “Silver Is Money” blog provides this handy chart:

Posted in economics, history, metablog | 13 Comments »