Sunday, April 30, 2006
About Me
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!
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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: "Cognition is furthered only by clarity and distinctness, never by compromises." - Epistemological Problems of Economics |
True to the virtual law that all innovations come from free individuals and no the state, the first coins were minted by private individuals and goldsmiths. In fact, when the government first began to monopolize the coinage, the royal coins bore the guarantees of private bankers, whom the public trusted far more, apparently, than they did the government.
Murray N. Rothbard, |
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1 Comments:
But where's Lutèce? Off scheming somewhere?
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