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

Gorby pizza

October 16th, 2008 by bkmarcus

This is the image I’d like to see with Walter Block’s most recent blog post:

In the last sentence of Charles Murray’s article here, he writes: “Our public schools should be places where good teachers want to teach and are permitted to teach.”

Suppose pizza parlors had been nationalized, and there were (no surprise) all sorts of problems with pizza. Would he have written this?: “Our pizza parlors should be places where good chefs want to bake and are permitted to bake.”

Somehow, I doubt it. Knowing his other writings, he might say something to the effect that pizza parlors should be privatized, and analyze the pizza problems as emanating from pizza socialism: poor incentives, no bankruptcy for lousy restaurants, etc. He would give the back of his hand to the objection that if pizza was privatized, the poor wouldn’t be able to get any pizza.

Ditto to Milton Friedman’s external economies argument: that people wouldn’t buy enough pizza, because they are not able to capture all the benefits of pizza; some it spills over to other people since they will be nicer if they have just eaten pizza and are now more content.

What’s the difference between pizza and schooling, such that people like Murray are socialists in the latter case but not the former?

Posted in LvMI, economics, schooling | No Comments »