Utilitarian Free-Market Economics
Utilitarianism assumes that morality—the good—is purely subjective to each individual. It also assumes that these subjective desires can be added, subtracted, and weighed across the various individuals in society.
Utilitarianism assumes that morality—the good—is purely subjective to each individual. It also assumes that these subjective desires can be added, subtracted, and weighed across the various individuals in society.
In Nock's view, the usurpation of social power by state power went hand in glove with a rise in war, intra-social conflict, arbitrary authority, indebtedness, and many other injustices.
Revisionism has the general function of bringing historical truth to a public that had been drugged by wartime lies and propaganda.
That man acts and that the future is uncertain are by no means two independent matters. They are only two different modes of establishing one thing.
Hazlitt popularized sound economic thinking, was a critic of Keynes, and contributed to ethical moral philosophy. Not bad for a poor fatherless boy and college dropout.
Much is heard these days of the distinction between human rights and property rights. But far from being in conflict, property rights are the most basic of all human rights.
According to Say, all productive enterprises are created by individuals in society, not by the state. It is the responsibility of productive enterprise to support the continuity of families.
Antipoverty "strategies" like mandatory overtime pay, state-protected unionization, and opposition to labor-saving devices only serve to increase the cost of living for poor and rich alike.
In our time the most powerful theocratic parties are opposed to the world's great religions. Today's theocrats believe they alone can plan society and that they are enlightened.
Of course some of the private defense agencies will become criminal. But in a stateless society there would be no regular, legalized channel for crime and aggression.