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."
Benjamin Tucker Marcus
February 19, 2010
January 16th, 2009 by 
bkmarcus
Was James Watt’s patent of the steam engine a crucial incentive needed to trigger his inventive genius, as the traditional history suggests?
Or did his use of the legal system to inhibit competition set back the Industrial Revolution by a decade or two?
Here is a case study in how “intellectual property rights” do grave damage to the market economy.
Posted in LvMI, history, technology | 
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January 16th, 2009 by bkmarcus
(via FreakingNews.com via MarketBlog.com)
Posted in goof | No Comments »