shiva left a comment on Violence and Vandalism are Not Solutions, I agreed with Mike Gogulski who said that vandalizing property is counterproductive to the cause of liberty. Mike said that it was possible that people were lawfully evicted from the properties to make way for condominium development, since de facto eviction occurs whenever a [...]
There is some evidence that we’re making progress: working less, living longer, getting fatter. All this, to an extent and in certain context, appears true. I certainly won’t argue that the average life in 1870 was better than it is now (although none of us are really qualified to make that determination), and I [...]
Gilligans Corner has an interesting post: Gresham’s Law Only Works Because of State Violence. I like to see other people who recognize this as fact. I’ve been working on some comprehensive post(s) on money and banking in a free market, and I find that a lot of really smart people think that Gresham’s [...]
It is convenient that immediately preceding the current credit-crunch, a few notable things happened. The bankruptcy code was changed, and the laws surrounding the payment structure for unsecured debt were changed, which resulted in minimum payments that are about twice what they previously were. Shortly thereafter, the Federal Reserve began targeting higher short term [...]
