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."
Ludwig von Mises: "In the long run there cannot be such a thing as moderate protectionism. If people regard imports as an injury, they will not stop anywhere on the way toward autarky. Why tolerate an evil if there seems to be a way to get rid of it?" - Omnipotent Government
Adam Smith (1723-90) is a mystery in a puzzle wrapped in an enigma. The mystery is the enormous and unprecedented gap between Smith's exalted reputation and the reality of his dubious contribution to economic thought.
Murray N. Rothbard,
Chapter 16 of An Austrian Perspective on the History of Economic Thought
Benjamin Tucker Marcus
April 10, 2008