There are 3 types of austrian economists. those who can count and those who can't. #grownostr #jokestr

If we take Hayek's view of the price system as a system of telecommunications, one could imagine #Bitcoin as the most censorship-resistant and unmanipulable communication tool humanity has ever known or used. In other words, Bitcoin is nostrer than #Nostr! "The most significant fact about this system is the economy of knowledge with which it operates, or how little the individual participants need to know in order to be able to take the right action. In abbreviated form, by a kind of symbol, only the most essential information is passed on and passed on only to those concerned. It is more than a metaphor to describe the price system as a kind of machinery for registering change, or a system of telecommunications which enables individual producers to watch merely the movement of a few pointers, as an engineer might watch the hands of a few dials, in order to adjust their activities to changes of which they may never know more than is reflected in the price movement." F. A. #Hayek #grownostr #austrianeconomics #fiat #economics

The core of Mises's Bureaucracy is this: the more power state bureaucracies hold, the less democratic the system becomes. Why? Because political bodies (like Congress) delegate decisions to external commissions. These commissions aren't elected by the people but by other bureaucrats, making them unaccountable to public welfare. This fosters irresponsibility and shifts toward totalitarianism—just as it did in Weimar Germany before Hitler’s rise. Published in 1944 amid widespread socialist sentiment, Mises added a 1962 intro noting socialism’s decline in favor of interventionism. U.S. bureaucracy had grown but remained less pervasive than elsewhere, preserving liberalism. He argued trends change and America’s choices would influence the world—a prediction proven true in later decades. #grownostr #mises #democracy #liberalism #bureaucracy #state #america

History + Comedy = Rothbard If anything is simultaneously obvious and brilliant, it is Rothbard’s insight that governments are glorified gangs of criminals. How can anyone who knows the basic facts of history disagree? If you strip virtually any chapter of world history down to a postcard, it’s a story of vicious murderers killing each other in order to enslave nearby civilians. Nearly every guy nicknamed “the Great” was a serial killer on a massive scale – and not the nice kind, either. If all this is so obvious, why don’t most works of history have a Rothbardian flavor? The answer, in short, is that most historians are serious. When they tell the story of William the Conqueror, for example, they take a considered, pompous tone, and treat all the key historical players with respect. They’ve usually got their facts straight, of course. But they don’t want to write the “story of William the Mass Murderer,” so they briefly mention his body count, then move on to William’s land titling policy. source:

History + Comedy = Rothbard

Caplan and Candor

#grownostr #history #rothbard #libertarianism #state #war

Read the below argument of the great Murray in The Ethics of Liberty and tell me isn't he undoubtedly talking about Hoppe? - It might be thought that the libertarian, the person committed to the "natural system of liberty" (in Adam Smith's phrase), almost by definition holds the goal of liberty as his highest political end. But this is often not true; for many libertarians, the desire for self-expression, or for bearing witness to the truth of the excellence of liberty, frequently takes precedence over the goal of the triumph of liberty in the real world. Yet surely, as will be seen further below, the victory of liberty will never come to pass unless the goal of victory in the real world takes precedence over more esthetic and passive considerations. #grownostr #rothbard #libertarianism #hoppe #anarchocapitalism #philosophy

Useful statistics showing the Government expenditure on education, total (% of government expenditure) https://data.worldbank.org/indicator/SE.XPD.TOTL.GB.ZS?view=map&year=2020 #grownostr

According to the IQAir website, which examines the air quality in cities around the world, Tehran's air is four times more polluted than the burning Los Angeles at 4:30 am on Monday, January 11. Earlier, the Minister of Health stated that "Iran loses about 50,000 people annually due to air pollution!" Just for the sake of comparison, according to HAMAS, Israel has killed 47000 Palestinians since October 7! We're having a long-running Chernobyl and they're not even denying it as the Soviet did!!! Climate normies should just fuck off and take a look at us. That's what happens when the state takes control of everything.

This entire battle between Hoppean Ancaps and Milei is indeed fun to follow. The argument "If Milei had defaulted on the debt, he wouldn't last a single month" is probably valid. On the other hand, if he fails to deliver on his promises — which he hasn't so far, and Hoppeans are right to point that out — it wouldn't end well for libertarianism. #grownostr #liberty #debt #fiatstandard #argentina #milei #libertarianism

LMAO for those who can't read Farsi, Our former king was just a little bit anti-commies. He used to let the bears rape commies :))) #grownostr #iran #history

📄.pdf Page 239 of the above link and Rothbard's crushing decisive blows to Mises's Utilitarianism! It's from The Ethics of Liberty.