Category Archives: Category: Bazaarmodel

‘Human action, not prediction..’

‘The State jealously guards the power over Society which it has acquired during a climate of fear .. the State (which was feared and despised in 1789) .. the “protective” service rendered by the State is paid for not only with taxes but also with subservience. Society is much poorer for it.’ – Frank Chodorov,

‘..courage of the human race .. reason’

‘O Liberty! we have seen thee hunted from country to country, crushed by conquest, groaning under slavery, insulted in courts, banished from schools, laughed at in saloons, misunderstood in workshops, denounced in churches. It seems thou shouldst find in thought an inviolable refuge. But if thou art to surrender in this thy last asylum, what

‘Economics deals with society’s fundamental problems..’

‘Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.’ – Ludwig von Mises, Human Action ‘In the early 1920s, Mises predicted that the newly organized Soviet Union had set up an unviable economic system that would not be able to survive.

Affectivity, Action, Electricity

‘Touching is an important means for information, exchange and communication. It is a form of communication that is very important for living and surviving. Touching is essential in our life..’ – Touching.. ‘Knowledge is a tool of action. Its function is to advise man how to proceed in his endeavor to remove uneasiness..’ – Ludwig

‘..the progress of science is determined by free inquiry..’

‘ “Science” is not, as some people imagine, memorizing a list of facts (such as the names of the planets). Nor is the progress of science determined by laboratory experiments. This is because, at the edge of our knowledge, accepted laboratory experiments don’t exist and, in certain fields, laboratory experiments might not even be possible.

‘..individual freedom and responsibility.’

‘[Henry Hazlitt] is primarily an economist, a student of human action. As a result, he is a strong advocate of individual freedom and responsibility. He has long been a close personal friend and associate of Professor Ludwig von Mises, the “dean” of free market economics, to whom he acknowledges a great intellectual indebtedness.’ – Bettina

‘..no power to issue paper currency.’

‘..prevented the political monopolies .. no power to issue paper currency.’ ‘To prevent the larger, wealthier, or more populous states from throwing their weight against smaller states, their representation as states was made equal. To prevent the smaller or poorer states from ganging up and fleecing the more opulent states—throwing their joint weight—the popular representation

Openness

‘You have to have everybody share in knowledge.’ ‘I think, fundamentally, open source does tend to be more stable software. It’s the right way to do things. I compare it to science vs. witchcraft. In science, the whole system builds on people looking at other people’s results and building on top of them. In witchcraft,

‘The crucial test of private property .. money.’

‘The crucial test of private property is the attitude of government toward money. Devaluation of currency is outright expropriation. The British empire was founded when the debased coinage was restored to standard during the opening years of the reign of Elizabeth, on the advice of Gresham. At the time, English trade was in distress, the

‘..there must be prior savings and investment..’

‘There is no reason to suppose that this process will come to a halt short of reaching the Garden of Eden, where all scarcity has disappeared..’ – Hans-Hermann Hoppe ‘..to sustain a higher standard of living, the production structure—the capital structur—must be permanently  “lengthened.” As more and more capital is added and maintained in civilized