Wednesday, June 29, 2005
About Me
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- Name:B.K. Marcus
- Location:Charlottesville, Virginia, United States
B.K. Marcus is an amateur political economist with no formal education in the subject. He is a house husband, a faculty spouse, a dilettante, and a layabout. Once upon a time, he made a fair living as a web developer. If you accuse him of being descended from entrenched Establishment Keynesians, he will deny it!
Previous Posts
- connotation
- impartiality
- brevity
- in reference to defending Batman Begins
- nuance
- in defense of "in defense of ..."
- of course, 'best' is relative ...
- LRC3
- We are all Bismarckians now.
- der Fledermaus Mann fängt an
Links
- bk's homepage
- bk's other writing
- "to quote myself ..."
- bk's economics portal
- 3 tiers of belief (3E/3P)
- BlackCrayon.com
- random blog entry
Random Quotes
"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
1 Comments:
I'll bite.
Voluntary exchange is not objectionable per se, and may rightly be characterized as the predicate for prosperity and happiness, yadda yadda yadda. That does not mean, however, that all instances of voluntary exchange are unobjectionable. I don't have to approve of or to facilitate any voluntary exchanges that offend my sensibilities, and pointing out that something is a voluntary exchange does not put a cap on an argument about its propriety. Too many times, discourse seems to go like this:
a) dodgy practice is pointed out
b) practice is characterized as "voluntary exchange"
c) argument over
This is fine if the argument is about whether to apply coercion as a solution to the perceived problem, but the fact that something is a voluntary exchange does not render it immune to criticism.
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