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
Gone Fishing
July 23, 2008

an unexpected pair of celebrity nonvoters

July 7th, 2008 by bkmarcus

From Joel Schlosberg:

Recently, there have been a number of news stories, such as this one, reporting that Serena and Venus Williams are not voting in the upcoming presidential election due to being Jehovah's Witnesses, which prohibits voting among its adherents (I definitely didn't know that beforehand!)

This is confirmed by Wikipedia, which additionally points out that other political acts eschewed by Jehovah's Witnesses include saluting flags, singing nationalistic songs, and serving in the military, but on the other hand, they're supposed to obey laws and pay taxes.

Joel

Posted in news, philosophy | 2 Comments »

economic intuition

May 19th, 2008 by bkmarcus

What was that maniacal cackle that spooked my neighbors this afternoon?

It was my LOL reaction to this post on blog.Mises:

A test of your economic intuition

May 19, 2008 3:16 PM by Jeffrey Tucker | Other posts by Jeffrey Tucker | Comments (0)

You see a headline that reads "$1 billion Later, Elevators Still Fail."

The project in question is:

  1. a private company that is managing a private facility of some sort;

  2. a government project.


(From the New York Times story, "$1 billion Later, Elevators Still Fail.")
((And yes, apparently the billion-dollar project resulted in broken escalators as well as broken elevators.))

Posted in LvMI, economics, news | No Comments »

update on "Am I Black Enough Yet"

April 21st, 2008 by bkmarcus

Clinton's play has gotten some impressive reactions. Here's one:

  • Am I Black Enough, Yet?
  • Written by Clinton Johnston
  • Directed by George Grant
  • Produced by Charter Theater with the Hamner Theatre
  • Reviewed by Debbie Minter Jackson

This creative script tackles sensitive, poignant, hilarious even bizarre issues involving race and race relations. A cast of five lightening quick actors pop into a variety of roles, improv style, and rip roar through scenes that will induce chuckles, bursts of laughter, stunned silence, or even painful acknowledgment of the fractured life scenes depicted on stage. Written in George C. Wolfe’s Colored Museum type of humor and style, a kind of Wolfe-lite, Am I Black Enough, Yet? has just enough bite to make a point without puncturing, posturing, or preaching.

[Read the rest »]

Posted in art, culture, news | 1 Comment »

future imperfect

March 20th, 2008 by bkmarcus

2:26:35 PM David Miller: did you note that Arthur C. Clarke died?

2:26:42 PM BK Marcus: yes

2:26:45 PM BK Marcus: age 90

2:28:13 PM David Miller: yup, interesting that technology seems to have been so much more focused on earthspace than his books suggested.

2:28:50 PM David Miller: The iPod the Web... not manned flights to Jupiter

2:30:11 PM David Miller: I wonder if I'll ever be able to enjoy sci-fi that ignores economics again.

4:19:35 PM BK Marcus: An interesting note from my wife:

Nathalie Marcus

4:01

I find this interesting.  Rothbard is talking about  the Hansen stagnation thesis: "As for technological progress, that too is slowing down. After all, the railroads have already been built and the automobile industry has reached maturity. Whatever minor improvements there might be will probably be withheld by 'reactionary monopolists,' etc."

4:01

They didn't seem to have much imagination.

4:02

Should have read more science fiction...

4:35:16 PM David Miller: yes , it is an interesting note and compliment to my observation. Economist ought to read more Sci-fi and Sci-fi writers should read more econ.

The exchange reminded me of the opening of an old friend's movie review of Speed (1994):

The day began, as all days should, with Ray Bradbury. In Saturday's early afternoon, I had just climbed back into the cab of my frequent movie partner's truck to have him tell me that the voice on the radio came from that old man of SF. While I was mailing our bills, he had tuned in Writer's Corner on our local NPR station. It must have been fifteen to twenty minutes before we were able to date the interview. For all we knew, the conversation could have been live; Bradbury could have been dead for years. I find I am able to keep track of these things less and less without cues.

We drove, listening to 1978. [Read the rest »]

Posted in autobiography, culture, news, technology | No Comments »

Radio Rockwell

February 28th, 2008 by bkmarcus

Lew Rockwell does great radio. He's really at his best as a public speaker. Here's Lew talking with Scott Horton of Antiwar Radio about the intellectual and political legacy of the New Right founded by the recently departed William F. Buckley, Jr. (1, 2, 3).

Play here:

or download MP3 here. (53:27)

(via blog.Mises)

Posted in audio, history, news, war | No Comments »

Hegel in '08

February 27th, 2008 by bkmarcus

I think Lew Rockwell's editorial this morning is critically important. Only libertarians have held onto the classical-liberal insight that so-called "class interests" are only in conflict in the context of coercion. Civil society (i.e., voluntary cooperation, e.g., the free market) will harmonize all peaceful interests — race, sex, language, religion, wealth, etc.:

If the political prediction markets are right, we are going to end up with a presidential contest between two people who agree on the pressing need to expand the entire welfare-warfare state.

They can argue about priorities, but they agree on the overall goal.

With the campaign lacking serious issues, something tells me that the great American obsession over race is going to play a major role, which is gravely unfortunate since the discussion is unlikely to be enlightening. But it does raise important questions: what is racism and how can we tell if it exists? FULL ARTICLE

[Update: See Anthony Gregory's note to Lew on racism and liberalism.]

See also: "Triumph of the Red-State Fascists":

Every Republican I've spoken to is mystified that John McCain has sewn up the Republican nomination. Of course I'm not talking to the run-of-the-mill Republican. There are vast hordes of these people who have never read a book and vote only by the most sordid political instinct known to man. McCain is their candidate. FULL ARTICLE

Posted in LvMI, culture, news, philosophy | No Comments »

FBI Raids Liberty Dollar

November 15th, 2007 by bkmarcus

Via Vanguardist:

Dear Liberty Dollar Supporters:

I sincerely regret to inform you that about 8:00 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville.

For approximately six hours they took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars that where just delivered last Friday. They also took all the files, all the computers and froze our bank accounts.

We have no money. We have no products. We have no records to even know what was ordered or what you are owed. We have nothing but the will to push forward and overcome this massive assault on our liberty and our right to have real money as defined by the US Constitution. We should not to be defrauded by the fake government money.

But to make matters worse, all the gold and silver that backs up the paper certificates and digital currency held in the vault at Sunshine Mint has also been confiscated. Even the dies for mint the Gold and Silver Libertys have been taken.

This in spite of the fact that Edmond C. Moy, the Director of the Mint, acknowledged in a letter to a US Senator that the paper certificates did not violate Section 486 and were not illegal. But the FBI and Services took all the paper currency too.

The possibility of such action was the reason the Liberty Dollar was designed so that the vast majority of the money was in specie form and in the people's hands. Of the $20 million Liberty Dollars, only about a million is in paper or digital form.

I regret that if you are due an order. It may be some time until it will be filled... if ever... it now all depends on our actions.

Everyone who has an unfulfilled order or has digital or paper currency should band together for a class action suit and demand redemption. We cannot allow the government to steal our money! Please don't let this happen!!! Many of you read the articles quoting the government and Federal Reserve officials that the Liberty Dollar was legal. You did nothing wrong. You are legally entitled to your property. Let us use this terrible act to band together and further our goal – to return America to a value based currency.

Please forward this important Alert... so everyone who possess or use the Liberty Dollar is aware of the situation.

Please click HERE to sign up for the class action lawsuit and get your property back!

Thanks again for your support at this darkest time as the damn government and their dollar sinks to a new low.

Bernard von NotHaus

Monetary Architect

Posted in economics, news | 1 Comment »