How often do you hear the minarchist say, "Well, I don't like government, but we at least need things like traffic laws. We need a government to keep us safe"? What if we actually began to publicly advocate the abolition of traffic regulations?
Were it not for the state's incessant need to homogenize and its inability to cope with diversity, the languages of the world would not be in the dire situation they are today.
Critics condemn economic theory for disregarding the role that power plays in real life.
Hence, one is forced to conclude that the libertarian ethic not only can be justified and justified by means of a priori reasoning, but that no alternative ethic can be defended argumentatively.
"The black market in information is simply individuals cooperating in order to manipulate their own private property."
Choosing means is a matter of reason, choosing ultimate ends a matter of the soul and the will.
Investment and lending abroad are only possible if the receiving nations are unconditionally and sincerely committed to the principle of private property and do not plan to expropriate the foreign capitalists at a later date.
Caplan's claim that the value-scale approach is inadequate for explaining these effects is simply an incorrect interpretation of Professor Rothbard's theoretical framework.
Then you may boast that you are the only school in the nation that offers any formal study of such economics based in deduction.
