MoneRogue

You don't hate the IRS enough.

"At the international level, many states, either legally or *de facto*, open up their frontiers to foreigners indiscriminately and allow them to use the public goods (roads, parks, beaches, government health care, educational and welfare services) as free riders. In this way, the state generates significant external costs for the natives, who are obliged to accept the forced integration of the foreigners against their wishes or under conditions that they do not desire." - Jesús Huerta de Soto, ***The Theory of Dynamic Efficiency*** (2009) p. 112 #AnCap #AnarchoCapitalism #Libertarian #Antistate #Hoppean #WelfareState #ForcedIntegration #FreedomOfAssociation #PrivateProperty #PrivateLawSociety #Covenant #Quotestr

"Given the innate creative capacity of the human being, who is continuously generating and discovering new information in each specific circumstance in which he acts in respect of the ends he aims to pursue and the means to attain them he considers to be within his reach, it is evident that there is none of the three elements necessary for a functional relationship to exist: (1) the elements of the initial set are not given or constant; (2) the elements which constitute the final set are not given or constant; and (3), and this is the most important point, *neither are the correspondences between the elements of the two groups given, but rather they vary continually as a result of the action and creative capacity of the human being.* Thus, in our science, according to the Austrians, the use of functions requires that a *presupposition of constancy* be introduced into the information, radically eliminating the protagonist of the whole social process: the human being endowed with an innate creative entrepreneurial capacity." - Jesús Huerta de Soto, ***The Theory of Dynamic Efficiency*** (2009) p. 42 #AnCap #Libertarian #Libertarianism #Antistate #AustrianEconomics #AustrianSchool #Praxeology #HumanAction #Mathematics #Arithmetic #Hayek #Knowledge #SpontaneousOrder #Entrepreneurship #SupplyAndDemand #CostBenefitAnalysis #CBA #Quotestr

"In essence there is an immanent, more or less disguised, fiction at the heart of mathematical equilibrium theories: that is, *they bind together in simultaneous equations, non-simultaneous magnitudes operative in genetic causal sequence as if these existed together at the same time.* A state of affairs is *synchronized* in the ‘static’ approach, whereas in reality we are dealing with a *process*. But one simply cannot consider a *generative process* ‘statically’ as a *state of rest*, without eliminating precisely that which makes it what it is." - Hans Mayer, "Cognitive Value of Functional Theories of Price: Critical and Positive Investigations Concerning the Price Problem", ***Chapter XVI of Classics in Austrian Economics: A Sampling in the History of a Tradition***, Israel M. Kirzner (ed.), London: William Pickering, 1994, vol. II, p. 92. #AnCap #Libertarian #Antistate #AustrianEconomics #FreeMarket #FreeTrade #TimePreference #Entrepreneurship #Competition #Subjectivism #Mathematics #NeoclassicalEconomics #Equilibrium #StaticEfficiency #Quotestr

Savings and interest rates are everything!

I get the feeling Joseph Schumpeter would be an agorist if he was alive today.

I wonder who the eastern equivalent to Lysander Spooner is. #Picturestr #Photostr

It's wild how there are people who think the U.S doesn't have a central planner like the USSR did. The U.S does, it's called the Federal Reserve.

🤣🤣🤣 #Agorism #Agorist #AnCap #Libertarian #Antistate #AustrianEconomics #ComparativeAdvantage #FreeMarket #FreeTrade #Entrepreneurship #Competition #Interventionism #Protectionism #InternationalTrade #Tariffs #Mercantilism

Ladies and gentleman: The Constitution! #Agorism #Agorist #AnCap #Anarchism #Anarchist #Libertarian #Libertarianism #Antistate #Antigovernment #Antipolitics #LysanderSpooner