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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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Is the economic-fascism meme catching on?

September 29th, 2008 by

bkmarcus

It’s a strange era. So many people get so many pieces of the puzzle, but somehow continue to believe that we need the government to fix things. Even self-satisfied cynics still support greater regulation, all the while carping about who’s going to figure out a way to use the new regs to scam the rest of us.

I’ve added this strip to my definition page for fascism, right under this:

definition of the economy of fascism: an economy in which big business reaps the profits while the taxpayer underwrites the losses

Murray N. Rothbard, “Nixonian Socialism”

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