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
November 28, 2008

an editor's holiday wish

December 25th, 2008 by bkmarcus

I like this holiday wish from Adventures in Editing:

May all wordsmiths be blessed with inspiration to craft stories of peace, understanding, and growth,

May all word mechanics and book doctors be blessed with discipline and insight to perfect those stories and let the authors’ voices sing,

And may all readers be blessed with open minds and imaginations to allow themselves to journey to beautiful realms full of possibilities and the promise of new life.

Posted in Uncategorized | No Comments »

They Used to Laugh and Call Him Names...

December 19th, 2008 by bkmarcus
Then one foggy Christmas eve
Santa came to say,
"Rudolph with your nose so bright,
won't you guide my sleigh tonight?"

Then all the reindeer loved him.
(typical fair-weather friends)
Now that he was Santa's favorite,
they figured they should make amends!

Rudolph rebuffed their hollow praise
as he jutted out his blinkin' beak.
"Before Santa saw what I had in me,
you all said I was a freak!"

"What you had in you?" they replied.
"You mean what you had on you, right?
You think you're something special,
just 'cause you got a nasal light?"

Now all the reindeer joined in,
and they shouted out with glee,
You arrogant red-nosed mutant
Now you're really history!

(But I guess Rudolph was ready for them.)

Posted in culture | No Comments »

It's that time again.

December 18th, 2008 by bkmarcus

With people falling into the familiar annual complaint about the secularization of Christmas, the commercialization of Christmas, etc., it's time to promote my favorite Christmas program:

Posted in culture, metablog, video | No Comments »

"I, Pencil" turns 50

December 18th, 2008 by bkmarcus



FEE has a new edition of Leonard Read's "I, Pencil" available for download.

The new version features an introduction by FEE president Lawrence Reed:

Eloquent. Extraordinary. Timeless. Paradigm-shifting. Classic. Half a century after it first appeared, Leonard Read's "I, Pencil" still evokes such adjectives of praise. Rightfully so, for this little essay opens eyes and minds among people of all ages. Many first-time readers never see the world quite the same again.

Download the PDF or read the online version here.

Posted in economics, literature | No Comments »

using words to mean their opposite

December 16th, 2008 by bkmarcus

I share this with you just so I can know I'm not the only one who's gritting his teeth over it:

Posted in culture, economics | 3 Comments »

Why is it called a "club sandwich"?

December 16th, 2008 by bkmarcus

When I was a kid, I learned not to ask too many questions. The most polite answer I could usually expect was, Look it up!

Man, how I hated that answer.

Now I wish I had taken it seriously and bothered to learn to use dictionaries, encyclopedias, and other reference books. As it was, I never did become any good with any of those things, and had some of my curiosity stomped down.

But now I look everything up, because there's so much information available online, if not via Google, then via one of the online references I use professionally. Now I find myself in the position of at least thinking, Why don't you just look it up? whenever someone asks a certain kind of question. I'm referring to adults. Not everyone has developed the look-it-up reflex. We didn't grow up with it.

I wonder if my son will have a hard time imagining a time before you could so easily look everything up.

My wife brought home a club sandwich for my lunch. I had never heard of a club sandwich before freshman year in college, when all my friends seemed to order it at the diner we went to regularly. I've wondered for the past 20-odd years why cold poultry slices with bacon (or sometimes ham) stacked between 2 or 3 slices of toasted bread should be called a "club." Today is the first time it occurred to me that I could just look it up:

History of Club Sandwich

Posted in autobiography, schooling, technology | No Comments »

pop quiz

December 16th, 2008 by bkmarcus

How is this different from what the Fed does?

(That's not a rhetorical question: it's more similar than different, but there is, I believe, an important practical difference, if not an ethical one. Hint: think Cantillon effects.)

Posted in culture, economics | No Comments »

Cox & Forkum

December 15th, 2008 by bkmarcus

Black Bloke points out that the "generation graft" cartoon is from Fox & Forkum.

Their featured cartoon today is great:

Posted in culture, economics, metablog | 1 Comment »

generation graft

December 15th, 2008 by bkmarcus

via Tim Swanson

Posted in culture, economics | 1 Comment »

Henry Ford on the bailout

December 13th, 2008 by bkmarcus

"Let them fail; let everybody fail! I made my fortune when I had nothing to start with, by myself and my own ideas. Let other people do the same thing. If I lose everything in the collapse of our financial structure, I will start in at the beginning and build it up again." – Henry Ford on government bailouts, February 11, 1934

via Dustin Anderson

Posted in economics, history | No Comments »

aggregate thinking

December 13th, 2008 by bkmarcus

Posted in economics | 1 Comment »

best online documentaries

December 13th, 2008 by bkmarcus

Best Online Documentaries logo

via Gary North

Posted in technology, video | No Comments »

revolutionary vanguard of the Apocrypha

December 13th, 2008 by bkmarcus

"The Revolt of Mattathias" (1 Macc. 2:24)
by Gustave Doré

From Asimov's Guide to the Bible, pp. 717–8, on the Maccabees*:

The spark that initiated the Jewish rebellion against the Seleucids was set off by an officer of Antiochus who came to Modin to enforce the new laws. He asked Mattathias, as a prominent Jewish leader, to set a good example and to carry through a sacrifice in the manner required by law. To Mattathias, this was idolatry and he refused.

However, there were other Jews who were not so insistent on the old ways. The Seleucid officer, in asking Mattathias to perform the sacrifice, pointed out that it was being done by the Jews generally:

1 Maccabees 2:18. …fulfil the king's commandment, like … the men of Juda … and such as remain at Jerusalem…

In this, he was probably telling the truth. In aftertimes, a successful revolution is looked back upon as the rising of a united nation or group, but most of that is the patriotic gilding of memory, and it is not so. In all revolutions, those who ardently pursue the fight to the death are in the minority and there are usually at least as many who are ardently anti-revolutionary, plus an actual majority that is apathetic and will go where they are led (in either direction), if necessary, but who best prefer to be left alone.

Our own Revolutionary War was conducted by a minority of Rebels who faced not only the British, but Tories who were at least equal in numbers to themselves. And most colonists did not incline strongly to either side. And today the Civil Rights movement among Negroes has, as one of its problems, the apathy of most Negroes.

So it must have been that the Jews in the time of Antiochus were by no means all bitterly anti-Seleucid. Many were willing to conform; perhaps even eager, in their pro-Greek views, to do so. Thus, when Mattathias refused the sacrifice, someone else quickly stepped up to perform it, either out of conviction or, perhaps, out of the thought that unless someone did, the entire town would be massacred.

1 Maccabees 2:23. …there came one of the Jews in the sight of all to sacrifice on the altar … according to the king's commandment.

At seeing this, Mattathias flew into a rage, slew the Jew and the Seleucid officer. That was the Lexington-and-Concord of the Jewish rebellion. Mattathias and his sons had to flee to the hills, and around them they began to collect other rebels.

* These books are "deuterocanonical," meaning that they are part of the Old Testament for Catholics and Orthodox Christians, but not for Jews or Protestants. The King James Bible lists these books in the Apocrypha.

Posted in history, literature, war | 1 Comment »

public-private partnerships, so called

December 12th, 2008 by bkmarcus

And speaking of economic fascism, today's article at Mises.org, "The Back Door to Socialism," by Chris Brown is about Obama's plans

to initiate public-private partnerships (PPPs) on a grand scale. … PPPs are essentially contracts between a public agency and a private company where assets, risks, and rewards are shared in providing a good or service to the public.

Sound familiar?

Brown's analysis borrows appropriately from Murray Rothbard's "The Myth of Efficient Government," an excerpt from Man, Economy, and State.

Posted in LvMI, economics, literature | No Comments »

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