About This Blog

Ludwig von Mises (1881-1973) was the greatest economist of my time. His greatest works can be accessed here at no charge.

Mises believed that property, freedom and peace are and should be the hallmarks of a satisfying and prosperous society. I agree. Mises proved beyond a shadow of a doubt that the prospect for general and individual prosperity is maximized, indeed, is only possible, if the principle of private property reigns supreme. What's yours is yours. What's mine is mine. When the line between yours and mine is smudged, the door to conflict opens. Without freedom (individual liberty of action) the principle of private property is neutered and the free market, which is the child of property and freedom and the mother of prosperity and satisfaction, cannot exist. Peace is the goal of a prosperous and satisfying society of free individuals, not peace which is purchased by submission to the enemies of property and freedom, but peace which results from the unyielding defense of these principles against all who challenge them.

In this blog I measure American society against the metrics of property, freedom and peace.

Thursday, July 7, 2011

Paulish Blabber

I usually don't waste time responding to twits. However, the comment by "Anonymous" to this article at Robbing America is exceptionally vacant and illustrates the problem reasonable people have in cutting back the welfare state once it becomes entrenched.

Once those in the private market concede that the public market is a legitimate and adequate means of "fixing" any social "problem," then there can be no end to the demands for more from those ensconced in the public market. Robbing Peter to pay Paul becomes the rule rather than the exception. The "Pauls" among us cannot conceive of any way to solve their personal, economic "problem" other than by extorting increased "revenue" from the Peters among them.

In a democracy where the Pauls outnumber the Peters reason and logic become irrelevant in political and economic discourse. Whatever serves to fire up the mob works just fine as the modus operandi of those in the public market.

Keep an eye on Madison, Wisconsin and Greece for further developments on the public market vs the private market front.


John Galt said...

Good response Sherman. I encourage you to place it directly at the piece where "Anonymous" made the "vacant" comment.
You also have another comment in that article.

Sherman Broder said...

I tried posting it there. It didn't "take." I'll try again.

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