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

ABCT in the Gospels

April 20th, 2009 by bkmarcus

Tower of Babel by Gustave DoreFrom Luke 14:

  1. For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it?
  2. Lest haply, after he hath laid the foundation, and is not able to finish it, all that behold it begin to mock him,
  3. Saying, This man began to build, and was not able to finish.

(ABCT == “Austrian Business-Cycle Theory”)

Posted in LvMI, economics, literature, quotes, religion | 3 Comments »

perendinate

April 20th, 2009 by bkmarcus

A.W.A.D asks, “Why procrastinate when you can perendinate?”

PRONUNCIATION:

(puh-REN-di-nayt)

MEANING:

verb tr. : To put off until the day after tomorrow.

verb intr.: To stay at a college for an extended time.

ETYMOLOGY:

From Latin perendinare (to defer until the day after tomorrow), from perendie (on the day after tomorrow), from dies (day).

NOTES:

The word procrastinate is from Latin cras (tomorrow). So when you procrastinate, literally speaking, you are putting something off till tomorrow. Mark Twain once said, “Never put off until tomorrow what you can do the day after tomorrow.” In other words, why procrastinate when you can perendinate?

Posted in language | 1 Comment »