“We live in a world of exaggerated promises and pop science” - Vaclav Smil
Civil asset forfeiture has been rightly criticized left, right, and center for its obvious lack of due process and utter unfairness. Someone whose property is stolen by the State via the process is often treated guilty of something but not formerly charged with a crime.
Green hysterics, never ones to step down from feeding their God, the State want to use it to shut down “Big Oil,” even though they recognize is issues with the scheme.
So many gems curated by
nostr:npub1ap78x7mvw0vu9s7yltflmkqphx8rt8hsk9gdg0k42vwnmnpvpe2qptxewe from The Sovereign Individual
“We must remember that, in the long run, we may all be dead and certainly will be dead. But we should arrange our earthly affairs, for the short run in which we have to live, in the best possible way. And one of the measures necessary for this purpose is to abandon inflationary policies.”
Mises in “Economic Policy: Thoughts for Today and Tomorrow
4th Lecture: Inflation”
https://mises.org/online-book/economic-policy-thoughts-today-and-tomorrow/4th-lecture-inflation
“As soon as someone does not like something that happens in the world, he says: “The government ought to do something about it. What do we have a government for? The government should do it.” And this is a characteristic remnant of thought from past ages, of ages preceding modern freedom, modern constitutional government, before representative government or modern republicanism.
For centuries there was the doctrine—maintained and accepted by everyone—that a king, an anointed king, was the messenger of God; he had more wisdom than his subjects, and he had supernatural powers. As recently as the beginning of the nineteenth century, people suffering from certain diseases expected to be cured by the royal touch, by the hand of the king. Doctors were usually better; nevertheless, they had their patients try the king.
This doctrine of the superiority of a paternal government, of the supernatural and superhuman powers of the hereditary kings gradually disappeared—or at least we thought so.”
Mises in “Economic Policy: Thoughts for Today and Tomorrow
3rd Lecture: Interventionism”
"bullish bitcoiners" ... that's a weird way to spell "shitcoiners"
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
it will never stop being fascinating to observe the dynamics of cults.
You’re making little sense
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a produced and narrated a half hour animated synopsis of her masterpiece book Broken Money. It’s a must see for both bullish bitcoiners and for those in a position to be orangepilled.
“Therefore, in the socialist system everything depends on the wisdom, the talents, and the gifts of those people who form the supreme authority. That which the supreme dictator—or his committee—does not know, is not taken into account. But the knowledge which mankind has accumulated in its long history is not acquired by everyone; we have accumulated such an enormous amount of scientific and technical knowledge over the centuries that it is humanly impossible for one individual to know all these things, even though he be a most gifted man.
And people are different, they are unequal. They always will be. There are some people who are more gifted in one subject and less in another one. And there are people who have the gift to find new paths, to change the trend of knowledge. In capitalist societies, technological progress and economic progress are gained through such people. If a man has an idea, he will try to find a few people who are clever enough to realize the value of his idea. Some capitalists, who dare to look into the future, who realize the possible consequences of such an idea, will start to put it to work. Other people, at first, may say: “They are fools”; but they will stop saying so when they discover that this enterprise, which they called foolish, is flourishing, and that people are happy to buy its products.
Under the Marxian system, on the other hand, the supreme government body must first be convinced of the value of such an idea before it can be pursued and developed. This can be a very difficult thing to do, for only the group of people at the head—or the supreme dictator himself—has the power to make decisions. And if these people—because of laziness or old age, or because they are not very bright and learned—are unable to grasp the importance of the new idea, then the new project will not be undertaken.”
-Mises in “Economic Policy: Thoughts for Today and Tomorrow
2nd Lecture: Socialism”
“Freedom really means the freedom to make mistakes. This we have to realize. We may be highly critical with regard to the way in which our fellow citizens are spending their money and living their lives. We may believe that what they are doing is absolutely foolish and bad, but in a free society, there are many ways for people to air their opinions on how their fellow citizens should change their ways of life. They can write books; they can write articles; they can make speeches; they can even preach at street comers if they want—and they do this in many countries. But they must not try to police other people in order to prevent them from doing certain things simply because they themselves do not want these other people to have the freedom to do it.
This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen—and this is what freedom means—is in a position to choose his own way of life. Certainly this capitalistic system can be abused, and is abused, by some people. It is certainly possible to do things which ought not to be done. But if these things are approved by a majority of the people, a disapproving person always has a way to attempt to change the minds of his fellow citizens. He can try to persuade them, to convince them, but he may not try to force them by the use of power, of governmental police power.”
Mises in “Economic Policy: Thoughts for Today and Tomorrow
2nd Lecture: Socialism”
https://mises.org/online-book/economic-policy-thoughts-today-and-tomorrow/2nd-lecture-socialism
It would be nice to get some bitcoiners to talk with Keith Knight so all the propaganda from this episode can be debunked.
nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u has been going thorough Mises’ Six Lessons. Highly recommend!
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak these guys shit talk your book in the interview.