Saturday, November 17, 2018

People tend to regard government as a quasi-divine

"It is curious that people tend to regard government as a quasi-divine, selfless, Santa Claus organization. Government was constructed neither for ability nor for the exercise of loving care; government was built for the use of force and for necessarily demagogic appeals for votes. If individuals do not know their own interests in many cases, they are free to turn to private experts for guidance. It is absurd to say that they will be served better by a coercive, demagogic apparatus."

Murray N. Rothbard (1926-1995)

Note:
My favorite of his writings is his two-volume collection An Austrian Perspective on the History of Economic Thought (1995), reaching as far back to Taoists and Greeks to modern era, to empirically identify the near-endless consistencies or causalities among economic activities. That is, consistencies or causalities still ignored today, in favor of the more popularly emotion-based or short-sighted economics.

Austrian as in Austrian Economics as referred per the four successive economists of Austrian-German descent; Carl Menger, Eugen Böhm von Bawerk as well F.A. Hayek and Ludwig von Mises (highly recommend his book Liberalism: In the Classical Tradition). Though rightly these intellectual giants studied three successive French economists plus others; Anne Robert Jacques Turgot, Jean-Baptiste Say and Claude-Frédéric Bastiat (his essays The Law and That Which Is Seen, That Which Is Not Seen among other essays are a must). One could arguably favor the reference French-Austrian Economics, or my preference simply The Economy of Man.

Come let us Reason. Peace is always a Choice.
Study, Ponder, Labor, till last Breath.

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