individualism for the masses

Father of Benjamin, husband of Nathalie, BK Marcus works from Charlottesville, Virginia, as managing editor of Mises.org.

He is no longer a house husband, nor a faculty spouse, but he is a homeschooling father, which is much cooler.

recent

Please supportGo To Project Gutenberg

Wikipedia Affiliate Button

"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

Mises Academy: Hunt Tooley teaches Great Hyperinflations in World History

calendar

February 2010
S M T W T F S
« Jan   Mar »
 123456
78910111213
14151617181920
21222324252627
28  

archives

categories


Benjamin Tucker Marcus
May 14, 2010

faith in what, exactly

February 13th, 2010 by bkmarcus

Church & StateFrom “Faith, Snow & Government” by Skip Oliva:

It’s often said that libertarians have “faith” in free markets. I don’t think that’s the case. What we have is an understanding of the division of labor and the law of comparative advantage. Some people mistakenly confuse that with religious fanaticism. …

Government, in contrast, is an attempt to violate the natural laws of economics. The division of labor is irrelevant, claim the faithful, because we have elections to install leaders who will provide all manner of services, regardless of the leaders’ actual knowledge of experience. If we just elect the “right” people and have faith in them, the political system will outperform individual action and voluntary exchange.

Posted in LvMI, economics, religion | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.