situational ethics
individualism for the masses!
Kurt Cobain on ice
Sent a message from the grave:
"Elvis Isn't Here."
Shut your trap, Grampa!
You do not have Alzheimer's!
We went over this.

The Spectrum Should Be Private Property: The Economics, History, and Future of Wireless Technology
How much of the spectrum should be privatized? All of it. Even the vast "beachfront property" held by the military? Yes, all of it. Most government-held spectrum is currently unused, but remains off-limits to private appropriation. The result, in the United States, is an artificial scarcity well beyond that imposed by the FCC's protectionist practices. How do we privatize the airwaves? If the spectrum confiscation were a recent development, the answer would be obvious. In today's world, matters are more complicated. [Full Article]
"It's the most extensive Rothbardian take on the topic that I've seen since, well, Rothbard."
-- Jesse Walker, author of Rebels on the Air: An Alternative History of Radio in America
-------
B.K. Marcus is an independent scholar in Charlottesville, Virginia. His last piece on "The Monetary Economics of Thurston Howell III" became the most viewed article in the history of Mises.org, while his article on election markets sparked a wide discussion of the relationship between prediction and pricing. See his website, send him mail, and comment on the blog.
High stakes over health care initiative
10/28/04
"California restaurants, retailers and labor unions are throwing millions of dollars into the campaign for and against Proposition 72, which would require large companies to provide health insurance." (San Francisco Chronicle, Thursday)
And we wonder why health care is a mess.
FEE Timely Classic
"Rising Health-Care Costs: Who's the Villain?" by Charles Van Eaton
Could we see'29 all over again?
10/28/04
"With more people in the stock market than ever before, nobody seemed to pay much attention to the bad news that cropped up throughout the year in 1929.
"Individual investors were buying stocks on margin, speculators drove up prices and the government had a hands-off policy on the economy." (San Mateo County Times, Thursday)
Government had a "hands-off" policy?!?!
FEE Timely Classic
"Great Myths of the Great Depression" by Lawrence W. Reed
I've been distracted from the blog -- and everything else -- because I've been putting the final touches on my upcoming essay for Mises.org. It will not be called "Radio Free Rothbard".
History is a selective recreation of the events of the past, according to a historian's premises regarding what is important and his judgment concerning the nature of causality in human action. This selectivity is a most important aspect of history, and it is this alone which prevents history from becoming a random chronicling of events. And since this selectivity is necessary to history, the only remaining question is whether or not such judgments will be made explicitly or implicitly, with full knowledge of what one considers to be important and why, or without such awareness.Roy Childs, "Big Business and the Rise of American Statism"
My friend (of the sponge diary) recently wrote to point out that someone born during our freshman year in college is now old enough to be a freshman in college.
"Hey, did you used to go to Hoffman's Camp?"He and I used to mark the age of our friendship with different milestones. When we were 21, we'd note that our friendship was old enough to drive. When we were 23, our friendship was old enough to vote. And when we were 26 our friendship was finally old enough to drink. And that's it for now. I guess in a few years we'll note that our friendship is old enough to run for President of the United States, and a few years after that our friendship will have its midlife crisis. Then onto retirement, Social Security (ha!) and eventually our friendship will be old enough that all its friends will have passed.
"That was YOU?!"


Tex of the Antiwar.com/blog was kind enough to give comments (here and here) on my own war posts in this blog.
Below is my reply:
The remaining question for me is this: Why support the war?
You suggest it's a follow-the-leader phenomenon -- people want to believe their president. (Whether "their" means Americans' or Republicans' I'll leave ambiguous.) They experience cognitive dissonance from evidence that delegitimizes the leader. We saw this with Nixon supporters during Watergate and we saw it with Clinton supporters during Tailgate. I accept this is a contributing factor to the blood fever, but I don't see it as the dominant cause since support for the war seems to be greater than support for Dubya.
We see the pattern over and over again, but the pattern is larger than the denial stage. Once the evidence against Nixon was too overwhelming to be denied, his supporters switched gears from He didn't do it! to He was right to do it! Same with supporters of Ollie North. The pattern was only minorly different with Clinton, where it went from He didn't do it! to So what if he did it? It seems to me that in all three cases, the second response is only legitimate if it was held as an initial position. Otherwise, the first response invalidates the second.
But let's assume the second response is always the more accurate reflection of the supporters' views. If the support for the war is greater than the support for the president, then we really only have two remaining candidates for explanation:
- Love of war -- there's always some of this, but since Clinton's wars were unpopular, we can discount this factor;
- Hatred of this enemy -- where enemy is not defined as a man or a clique or a regime or a nation-state, but as a people. The Arabs in this case. Thus my claim of racism.
I agree with you about the Likud Doctrine, but again, I don't think it's enough, because I don't think enough Americans took Israel or the Middle East personally to account for the current level of support. Zionists and Christian fundamentalists take the situation very personally, but are there really enough of them to account for this level of hatred and insanity?
Would this racism have blossomed before 9/11? I doubt it. But that feeling that "we" had been attacked by "them" brought out some deep, primitive ugliness that now has to be rationalized and justified, and the real "them" is just too small and too slippery a group to absorb our pain and fear and rage. I think the cognitive dissonance experienced in the face of evidence is brought about not by loyalty to the man at the top, and not just by a need to see these frightening dark foreigners obliterated, but by questions of personal identity and self-perception. If the war is wrong, then what does that say about us for feeling so good about it? I really do think it's our own monstrosity that we're hiding from.
"Another reason that Bush supporters may hold to these beliefs is that they have not accepted the idea that it does not matter whether Iraq had WMD or supported al Qaeda. Here too they are in agreement with Kerry supporters."That's a very awkward double negative, so let me translate: Bush supporters apparently do care about the legitimacy of going to war. I have come to believe the opposite about them.
Asked whether the US should have gone to war with Iraq if US intelligence had concluded that Iraq was not making WMD or providing support to al Qaeda, 58% of Bush supporters said the US should not have, and 61% assume that in this case the President would not have. Kull continues, "To support the president and to accept that he took the US to war based on mistaken assumptions likely creates substantial cognitive dissonance, and leads Bush supporters to suppress awareness of unsettling information about prewar Iraq."I'm willing to believe that plenty of it is dissonance and denial, but that seems like an untestable hypothesis. How can you tell the difference between a person who is unmoved by evidence because the evidence is irrelevant to them and a person who is unmoved by evidence because they're emotionally incapable of accepting the evidence?
Cross-posted to Mises.org/blog:
Hernando de Soto to speak at UNC
B.K. MarcusHernando de Soto is no Rothbardian.
He writes of social contracts, of voluntary taxation (meaning the coercive kind we have now), and of the indispensable role of the State in defining and securing the private right to property.
But unlike so many development economists, he sees the solution to world poverty as secure property rights for the poor, based on a principle of homesteading.
In his book, The Mystery of Capital, he illustrates the distinction between property-as-possession and property title as the basis for the entrepreneurial generation of wealth. The world's poor have the former; they need the latter.
Austro-libertarians will take issue with much of his writing, including his assertion than only Marxism presents a credible theory of class conflict -- apparently DeSoto doesn't realize that Marx took the structure for his model of conflict (working class versus capitalist class) from classical liberal class theory (productive class versus political class) -- but DeSoto's bottom-up emphasis on the creation of wealth is a breath of fresh air in a field dominated by top-down models of "development".
DeSoto will be speaking at the University of North Carolina, Chapel Hill, next Tuesday, October 26th. The lecture is free and open to the public. For more information, visit the web page for this event.
![]() On the antiwar.com/blog we learn that at least a couple of anti-war journalists are alive today because of Google.com. Seems the kidnappers googled the journalists' names, read their articles and let them go.
(Though one of the journalists was tortured a bit -- you know, just on general principle.) |
- trade
- c.1375, "path, track, course of action," introduced by the Hanse merchants, from M.Du. or M.L.G. trade "track, course" (probably originally of a trading ship), cognate with O.E. tredan (see tread). Sense of "one's habitual business" (1546) developed from the notion of "way, course, manner of life;" sense of "buying and selling" is first recorded 1555. The verb is 1548, from the noun. Trade wind (1650) has nothing to do with commerce, but preserves the obsolete sense of "in a habitual or regular course." Trademark first attested 1838; in figurative sense, 1873.
- tradition
- c.1382, from O.Fr. tradicion, from L. traditionem (nom. traditio) "delivery, surrender, a handing down," from stem of tradere "deliver, hand over," from trans- "over" + dare "to give" (see date (1)). The notion in the modern sense of the word is of things "handed down" from generation to generation.
Private Airline to Start up in China
10/18/04
"China is to launch its first private airline -- named Okay Airways -- by the end of the year, according to state media reports." (BBC News, Monday)
China continues to develop, at least economically.
FEE Timely Classic
"China's Entrepreneurs: Keeping the Faith after Tiananmen" by Sheila Melvin
No, I get it. It's a pun. Their postal code is OK the way New York's is NY and Pennsylvania's is PA. It's not that I fail to see the humor, it's just that I'm surprised to see such self-deprecating humor from a state bureaucracy. Not exactly a promotional slogan, is it?
The recipe for Coke stew called for 2 pounds of boneless pork ribs. The packages at our supermarket are about 2/3 pound each. I should use 3 of them. Instead, I keep using 2. With the Asian flavored Coke stew, I got away with it, but since there's sugar in ketchup, the combination of ketchup with a can of Coke makes the barbecue sauce too sweet. Still, it was good. Just needed to add enough spices to overcome the sweet. Next time, I'll not only use more meat, but I'll also substitute something like Spicy V8 for the ketchup. The missus says she'd like to try it with worcestershire sauce. Spicy V8 and worcestershire sauce is basically a bloody mary mix. So next time we'll try making our barbecue sauce with Coke and bloody mary!
So to make your very own southern-style barbecue, cut your 2 pounds of boneless pork ribs into cubes. Brown them in vegetable oil in a dutch oven. Add your can of Coke. Bring to a boil. Turn heat down to simmer and cover the dutch oven for half an hour.
You know, I'm starting to think that my 8th grade teacher was a Marxist.
To believe the vast-natural-resources thesis requires utter ignorance of the world's economies. (All of these lies require economic ignorance!) South America has similar vast resources to North America. The most densely resource-rich countries are some of the poorest -- but always with a small, rich ruling class. In contrast, Britain built its wealth without vast resources. Japan barely had any. And Hong Kong has next to nothing. But these tiny territories became the wealthiest through property rights and trade. In the US, we had property rights and vast natural resources, which certainly didn't hurt.
"Blue-eyed sheikhs" by Daniel Hannan, The Spectator (UK).
I wish more people would take seriously the semantics of such terms as 'because' or 'since' or 'for the sake of'.
It is high time we recognize the grammatical inversion that has seized our Imperial Wing. While they produce sentences of the form "I support the War for the sake of this reason," the truer template is "I support this reason for the sake of the War."Indeed.
This issue also reminds me of a conversation I had with a Biblical literalist, who claimed to have studied "both sides" in the evolution debate, and had concluded that the theory of evolution wasn't convincing. He kept stressing, "They've never found evidence of a missing link, a halfway point between two species!" Now that sounded wrong to me, but I'm no expert on the history of evolutionary science, so I wasn't about to contradict him. Instead I asked, "And if they do find such evidence, will you find the theory more convincing?" He resisted the question, but finally admitted that he wouldn't. He could find, he said, some other explanation. So I didn't bother arguing with him. If he wasn't going to be honest about his reasons, I wasn't going to waste my time.
The Politically Incorrect Gourmet told me about Coke & Ketchup Barbecue.
Google's World
B.K. MarcusGoogle's new tool makes inroads into areas that belong to others for now, and raises the question: how long before Google supplants Windows?
And the inevitable next question: how long before the Justice Department goes after Google for violation of anti-trust?
Will Microsoft claim to be Google's victim? Will Bill Gates have completed his conversion from peaceful, a-political billionaire to professional victim in need of mercantilist protection?
There are a lot of Windows machines in Washington DC...
Happy Birthday, Mr. Nock
10/13/04
Today is the 134th anniversary of the birth of the great individualist and essayist Albert Jay Nock (1870-1945), an inspiration to FEE since its founding in 1946. Nock was the author of such unique works as Our Enemy, the State (1935), Mr. Jefferson (1926), and Memoirs of a Superfluous Man (1943).
"The practical reason for freedom, then, is that freedom seems to be the only condition under which any kind of substantial moral fibre can be developed."-- Albert Jay Nock, "On Doing the Right Thing"
FEE Timely Classics
"The Genial Mr. Nock" by Edmund Opitz
"Nock on Education" by Wendy McElroy
"Nock Revisited" by Sheldon Richman
Book Review: The State of the Union
Book Review: Mr. Jefferson
When I was a kid I wanted to grow up to be a private detective.
Murray Rothbard gave a lecture at Polytechnic University in the 1970s on the economics of labor and labor regulation. I assume it was part of his regular teaching duties for basic economics. You can download the audio file here.
Two of my favorite-ever Rothbard quotes are in that one lecture, and I can't find them written out anywhere, so I've transcribed them:
"In general, I urge everybody to look at a government measure ... not in terms of a tragic failure to achieve the common good, public interest, or general welfare, but [rather] as a conscious agency for doing all sorts of monopolizing, cartelizing, and other restrictive things. In other words, the government is not that dumb!"
"There's a rational conspiracy view of history, and an irrational, sort of sloppy conspiracy theory of history. The sloppy view only says cui bono and then says, Ah ha! These guys are responsible! They're evil and so forth... The rational conspiracy theorist looks more deeply and asks, Who caused these measures? Who lobbied for them? Who continues to lobby for them? ... This makes him a scholar instead of a hopped up paranoid. [laughter] So scholarship is essentially confirming your early paranoia through a deeper factual analysis."
(Oh, well, OK, there were those few months in Israel during the television strike (!) when the Kibbutz gave out copies of the Jerusalem Post for free. And an old college buddy recently insisted to me that I used to read the college paper when we were new freshmen.)
While I'm here, let me link to this editorial I found in a mid-1990s issue of Reason Magazine. In it, Nick Gillespie has his own struggles with the L-word, as I did in two earlier blog posts, here and here.
(Btw, Gillespie misrepresents the paleolibertarians and completely fails to understand Noam Chomsky, which I guess is easy to do in both cases.)
"The 'first' generation of television sets were not entirely electronic. The display (TV screen) had a small motor with a spinning disc and a neon lamp, which worked together to give a blurry reddish-orange picture about half the size of a business card! The period before 1935 is called the Mechanical Television Era."![]()
This is an actual television picture taken by Mr. Steve McVoy,
as displayed on his 1930 operating 30-line Baird mechanical television set.
Feds Getting Ready to Regulate Space Tourism
10/7/04
"Federal regulators and rocket developers are working on how to govern the up-and-coming space tourism industry." (Associated Press, Thursday)
The question isn't "how" but "whether."
FEE Timely Classic
"Has a New Era of Space Venture Arrived?" by Raymond J. Keating

Gil Guillory recently posted this to an email list I'm on. I quote it with permission from the man himself:
My 6-year-old daughter and I were discussing the song lyrics of "Highwayman" sung by Willie Nelson, Johnny Cash, et al. In the first stanza is the line:
"many a young maid lost her baubles to my trade"
She had a real problem with interpreting "trade" as "occupation" -- she noted that, as a robber, he didn't trade anything for the jewelry; and, so, he didn't have a trade; or, what did he trade for the jewelry? She tentatively resolved the problem by declaring that robbers trade threats for things, then concluded with my help that using "trade" for any sort of occupation involving theft is misleading -- a "trade" should always involve trading.
Sometimes I learn so much talking to my 6-year-old.
-gil
I've long since felt annoyed by the insistence of so many libertarians in professing their faith in capitalism.It took me a long time to come to terms with the C-word. Two things made a difference. One, the strict Marxist definition of capitalism (which Marx himself didn't stick to) is private ownership of the means of production (capital). Socialism, in contrast, is the socialized ownership of capital. By that distinction, I'm pro-capitalist. Second, the distinction between capitalism and other free-market philosophies has to do with ownership of capital value, meaning the price a property title can fetch. Mutualist anarchists, for instance, are free-market advocates, but their definition of ownership is limited to occupation and use. Under a mutualist system, no one would own title to property and therefore no one would own capital value and therefore no one would preserve or develop capital value. So by the strict Marxist (anti-libertarian/anti-capitalist) definition of capitalism, I'm in favor of it, and by the strict Mutualist (pro-libertarian/anti-capitalist) definition of capitalism, I'm still in favor of it. I agree with you that state capitalism is an evil, but the evil isn't in the private ownership of capital -- it's in the State.
A question: Do not Austrian economists place the most emphasis rather on the entrepreneur's function than the capitalist's function ...Sam Konkin, founder of the Movement for the Libertarian Left (MLL) called himself and his movement "left-Rothbardian" and claimed to be more consistently Rothbardian than Rothbard himself. One of the areas they insisted Rothbard got his emphasis wrong was in the distinction between entrepreneurs (innovators) and capitalists (owners). Rothbardianism (according to the left-Rothbardians) is pro-entrepreneur, not pro-capitalist. Entrepreneurs are good, free-market capitalists are neutral, and state capitalists are evil.
The Austrians, however, split over the role of capital ownership in entrepreneurship. My understanding is that Israel Kirzner, a Hayekian Misesian, emphasizes prediction and innovation in entrepreneurship, whereas the Rothbardian Misesians insist that "capitalist-entrepreneur" should be a single, hyphenated term, and that entrepreneurial prediction and innovation are irrelevant without the risk and risk-assessment of capital ownership.
Should pro-capitalists have left Marx with the ambiguities of his own term and coined something new to describe a free market in private property titles? Maybe so, but since they didn't, we're left having to specify what exactly we advocate as our preferred economic system.
To quote myself, "The term 'capitalism' is as semantically unstable as the term 'liberalism' and will rarely mean the same thing for two people in an argument -- or even an agreement -- or even for one person in a private monolog from one moment to the next."
I'm going to skip right over the wee mistake I made with this one and just report it as a success -- mostly because I like putting a picture of a big Coke can in the middle of my blog!
Then there was today's Daily Article on the Taco Bell boycott: "Well meaning or not, the boycott of Taco Bell by misguided activists, in the name of helping labor, is deeply ignorant and very destructive."
Rothbard on boycotts:
As the pseudonymous free-market economist "Angus Black" admonished liberals at the time of the grape boycott: if you really want to improve the lot of grape workers, don't boycott grapes; on the contrary, eat as many grapes as you can stand, and tell your friends to do the same. This will raise the consumer demand for grapes, and increase both the employment and the wages of grape workers.
But this lesson, of course, never sunk in. It was and still is easier for liberals to enjoy a pseudo-religious "sense of belonging" to a movement, and to "feel good about themselves" by getting a vicarious thrill of sanctification by not eating grapes, than actually to learn about economic realities and what will really help the supposed objects of their concern.
Making Economic Sense, Chapter 38: "The Legacy of Cesar Chavez"

Here's one I got from epicurious.com. We've tried it about three times and each time was a success, so I'll share it here.
My friend the soon-to-be-published playwright is renting our house while he finishes his MFA in Charlottesville and we're up here in Pennsylvania, where Professor Marcus is teaching this year.
"Going Out of My Head. Cha-cha-cha!"
A friend wrote to thank me for recommending the sponge holders that stick to the inside wall of the kitchen sink with suction cups. He suggested that these inexpensive little do-hickies "should cut the rate of domestic violence at my house by at least 15% or 20%. Thanks."
One thing that's very nice about being "a housewife" is having authority in the kitchen. It's my kitchen.He replied:
I didn't know where something was that the missus had put in the kitchen last June, and as she handed it to me, she paused and said, "I'm realizing that with this, I'm letting go of control of the kitchen."
But when we shared the Charlottesville kitchen, the only sponge rule that I insisted on -- not that she had a problem with this -- was that dish sponges couldn't be used as counter and surface sponges, or else they permanently became non-dish sponges.
(That isn't the best way to describe the distinction, because I'll use the same scouring pad on the sink and the counter and the bottom of a pan. It's less about objects and more about surfaces. Certain sponges are reserved for those surfaces that are used for cooking or serving the food.)
Yes, same rule with us (there are two classes of surfaces encountered in the kitchen, which may not be shared by one sponge).It's interesting to me how many people I've heard from who are not primary or full-time housekeepers, who nevertheless take their domestic roles quite seriously. As I said in my article, I myself hadn't made the bed in 20 years. But dishes have always been different. I was even the shotef sirim -- the pot scrubber -- in the communal kitchen of an Israeli kibbutz. (Dishes were washed by machine; I washed everything that didn't fit in the machines.)
Anything used in the bathroom may not even be taken out of the bathroom (must be discarded in that wastebasket or the toilet). I don't trust him not to get distracted and put it in the kitchen.
Nothing may be cleaned in any sink (Kitchen or bathroom) that is or relates to any part of the body below the waist (think feet and shoes, a disgusting enough image but less than others the imagination might call up without this distraction). I can't tell you how violent some of the fights were about these particulars, but they no longer seem to be particularly problematic.
These I don't have as much trouble enforcing as the following two:
- Do not leave sponges in the sink where they will get wet and become bacteriogenic.
- If the sponge IS sitting dry on the top edge of the sink where it's supposed to, do not mindlessly "wash" a dish by picking up the dry, dirty sponge and rubbing it on the dish (without making sure that the sponge is cleaned out, hot, wet, and soaped).