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Who Owns You? – A Documentary – Trailer

Here’s the first trailer (Vimeo) for a promising new documentary by lawyer-philosopher David Koepsell and filmmaker Taylor Roesch (I was interviewed for it as mentioned here).

Who Owns You? – A Documentary – Trailer from Taylor Roesch on Vimeo.

Over the last 20 years, the United States Patent and Trademark Office has been issuing patents to universities and private companies on raw human genes. One company or university is given a legal monopoly over a molecule that is inside every human being and many other animals. This documentary explores the legal, ethical, and clinical ramifications of human gene patenting.

whoownsyoufilm.com

Taylor Roesch
taylorroesch.com

David Koepsell
davidkoepsell.com

Music by:
Carter Mahnke

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More Peace Music: White Flag Warrior

In Put Your Hands Up In The Air For Peace!, I noted a recent song, “Peace,” by the Luminaries, and other classic pro-peace songs (clips re-posted below). Libertarian philosopher Geoffrey Plauché notes a recent pro-peace video in his post White Flag Warrior:

There’s a new anti-war rock/hip-hop song hitting the air waves lately. It is called White Flag Warrior, from the album Survival Story, by Flobots and featuring Tim McIlrath of the punk rock band Rise Against. It’s a catchy tune with good lyrics, melding both rock and hip hop elements. The song has a strong non-violent resistance tinge to it. The oft repeated line that “we’d rather make our children martyrs than murderers” reminds me of the Socratic position that it is better to suffer injustice than to commit it — truly libertarian sentiments.

[continue reading…]

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Reply to Long’s “Fall Right, Swing Left”

Reply to Roderick Long’s Fall Right, Swing Left:

  1. Stephan Kinsella’s avatarStephan Kinsella on May 15, 2010 at 8:26 am

    I agree with the criticism of Stossel. But I disagree with the idea that libertarians are either left- or right-. In my view, the proper conception of libertarianism rejects the left-right spectrum outright, and also rejects left and right as both confused and fallacious ideas (in my view, leftism is more coherent, but clearly unlibertarian; rightism is less coherent but also unlibertarian).

    We should be non-prefix libertarians. The left-libertarians are trying too hard to graft onto libertarianism their own personal preferences or predictions, and trying way too hard to find leftist insights that libertarians ought to learn from–the left is confused and flawed, and should learn from us. [continue reading…]

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Anti-IP Post on Techrights.org

Famous ‘IP’ Lawyer Argues Against Patent and Copyright Law (Video)

Where the author, Dr. Roy Schestowitz, recommends some of my anti-IP materials. This is an anti-software patent blog and site.

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Richman and Carson on the BP Oil Spill

Kevin Carson: Sympathy for the Devil, BP. I reply in detail in the comments.

Sheldon Richman, Self-Regulation in the Corporate State: The BP Spill. My comments to Richman:

This is a good piece–unlike Carson’s (uncharacteristically) weak one on this topic. Of course, Lew’s comments were not a defense of BP of the type Sheldon rightly criticizes; none of us are under any illusions that there is no corporatism going on here. And even if BP was too careless and negligent, that doesn’t mean we ought not feel sympathy for them (presupposing they will in the end take the brunt of the costs of the damages).

Tokyo–of course the state should get out of the incorporation business altogether, just as it should get out of marriage. Of course it should end its limited liability grants (and it should also end its court system that would impose liability for torts etc. in the first place).

The question is: in a free market, with the state out of the way, if a contractual-”corporation” were formed–call it a Hessen–would passive “shareholders” have liability for torts committed by employees/agents of the Hessen they held a share in? You have to argue for it, carefully. Pilon and Hessen have explained why there is no need for a limited liability grant b/c there is no reason to impose vicarious liability on a shareholder in the first place — https://stephankinsella.com/2009/10/26/pilon-on-corporations-a-discussion-with-kevin-carson/ .

To argue otherwise you would need to articulate a careful, libertarian-based theory of causation and responsibility which none of the left-libertarian opponents have done, to my knowledge. Rather they just assume it’s obvious that a shareholder should be liable and would be, if not for the pernicious limited liability privilege. They just point to a few “moral hazards” and incentive effects they don’t like, as if consequentialism were not controversial. Or they just trot out an unthinking “owners are responsible for their property”–which is doubly flawed: first, owners are responsible for their actions, not their property; second, relying on the state’s own legal classificaiton scheme to call a shareholder an “owner”–ownership is the right to control and obviously the shareholder can’t fly the corporate jet or use the corporate boardroom or set policy or manage employees etc. see http://blog.mises.org/8993/the-over-reliance-on-state-classifications-employee-and-shareholder/

So the shareholder’s role in the company is limited, and if you come up with an ad hoc vicarious responsibility conclusion to get what you want, it’s going to rest on an at least implicit causation idea that is so broad that you would also have to say that many other actors connected to the Hessen are also vicariously liable for its torts: employees, creditors, suppliers and other vendors, consultants, customers, attorneys, accountants, stakeholders, and on and on.

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My Six Year Old’s Helicopter Tax Evasion Scheme

Yesterday, totally out of the blue, my six year old drops this one on me. We had not even been talking about taxes or anything for weeks. Last serious political talk was right before Earth Day, when I spent an hour inoculating him from propaganda–which, to my pleasant surprise, didn’t occur; his Montessori school hardly mentioned it.

Anyway, he says:

“Dad, wouldn’t it be cool if you could live in a helicopter?”

Yeah, I say, sort of like a houseboat, I guess, but it would be pretty expensive!

“Yeah,” he says, laughing.

And you would have a hard time ordering things from Amazon!–I point out

He starts laughing, imagining FedEx throwing packages up to your house-helicopter.

“And Dad, it would be so cool, that no one could tax you. You would just fly right over them! And if the police try to get you to tax you? to take your money? You just fly right away!”

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Klein on Horwitz on “Capitalism”

I chimed in too:

***

Steve, a question for you, Sheldon, Roderick, etc.: If we ditch the term “capitalism,” for the reasons you describe, what do we do with the technical economic terms “capital” and “capitalist”? The same arguments you use against “capitalism” seem to apply, with equal force, to “capitalist.” For doing theory, we need some term to go with “laborer,” “entrepreneur,” and “landlord.” For doing applied work, we need some word to describe Warren Buffet, John Doerr, etc. If “capitalist” means politically connected crony, what do we call these guys, when highlighting their economic function? “Capital-owners”? “Capital investors”? “Funders”?

Posted by: Peter G. Klein | May 12, 2010 at 11:16 AM

That’s a great question Peter and not one I’ve thought about before. My quick reply is that I’m not sure I accept the premise that those technical economic terms have the same baggage. Certainly not “capital,” though “capitalist” is more interesting. (I wonder if people react differently to “capitalist” vs. “owner of capital”?)

A very good question that I will ponder some more.

Posted by: Steve Horwitz | May 12, 2010 at 11:56 AM

Regarding Peter Klein’s point; our critics use “Capitalism” to mean a system where the owners of capital control national politics. We use “Capitalism” and “Capitalist” to mean a system where the owners of capital control their capital.

I don’t agree with Steve. I know lots of young people in Ireland, in general they are left-wing and believe in “public healthcare”, “strict regulation”, welfare and all the rest. Even if they were asked their position on “free markets” I’m sure it would be negative.

Posted by: Current | May 12, 2010 at 12:24 PM

Klein has an excellent point. Röpke is right that we just have to be careful when we use the term. We have to distinguish it from crony-capitalism or corporatism. Clearly “capitalism” denotes an important aspect of the economy of an advanced libertarian social order. We need words and concepts to understand and discuss this.

The left-libertarians who oppose the term “capitalism” do not do so on solely semantic, or even solely on strategic-tactical grounds. It also has to do with different prediction and preferences: some of them predict far less use of hierarchical firms and corporations, employment, and the division and specialization of labor. The debate over predictions can be had–but should not be masqued or muddied by pretending it’s really a semantic or strategic discussion. Likewise, if you prefer localism, self-sufficiency, etc., and have a personal aversion to hierarchy, employment, etc., that is again something that can be discussed, but again, arguing over what term should be used to describe an aspect of a free society’s economy should not be used as a substitute for this discussion.

This is even more important when we get to substance: some left-libertarians differ from non-prefix libertarians in more than predictions and personal preference: namely, they maintain that various “capitalist” norms and institutions are unjust and unlibertarian–such as absentee/distant ownership and even employment itself (making landlordism and employment almost impossible–the tenants and employees would naturally “own” the facilities they are possessing, and employment could be seen as a violation of certain “inalienable” rights, much like voluntary slavery), laced with other criticism of such a “capitalist” order such as hoary notions of “alienation” and “oppression” and bossism and opposition to “hierarchy” and authority. Such views are indeed substantive–and an innocuous-sounding discussion about whether “capitalism” is pejorative or positive, strategically wise or not, or means free market or corporatism, most certainly should not be used as a proxy or substitute for the more substantive discussion. That discussion, as well as discussions about differences in predictions as well as personal preferences, can only be had if terms are clearly defined so that everyone is communicating clearly.

Posted by: Stephan KinsellaMay 13, 2010 at 12:32 PM

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See also Jeff Tucker’s Why Klein’s Book Is an Event to Celebrate. From Klein’s blog:

The Capitalist and The Entrepreneur: Available Now!

13 May 2010
| Peter Klein |
My new book, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010), is now available. For a limited time, you can get it for just $15 — a bargain at half the price! Actually, the resource-constrained among you can read the Full Monty here, free of charge. A PDF version is also available. A promotional essay appears today on Mises.org.

The editorial and production staff did a terrific job, and I’m thrilled with the volume’s look and feel. The contents aren’t bad either!

Order two or more and I will personally send you a set of Ginsu knives.

Here’s my comment: Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. Capitalism.Capitalist! Capitalism. Capitalist. Capitalism. Capitalist! Capitalism. Capitalist. [continue reading…]

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Latest notable terms from this and last week’s Slate Culture Gabfest (feel free to email me suggestions or leave them in the comments to the main page). [continue reading…]

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Switzerland, Immigration, Hoppe, Raico, Callahan

[From my Webnote series]

Gene Callahan, in Private Domains and Immigration, in 2003, concluded, in a critique of Hans-Hermann Hoppe’s views on immigration:

giving more power to the state, based on an arbitrary set of ideals as to who should be allowed to come to the US (or any other country), ideals that are divorced from any actual entrepreneurial judgment, is not the answer to these problems. True freedom is the only answer.

Callahan, in 2010, in The Nature of Ideology, drawing inspiration from cow-psychologist Temple Grandin and his “second stay in Switzerland,” now writes:

Spending more time there on trip two, I thought I was in the most naturally orderly and civic-minded place I had ever been – and, I realized, if the Swiss ever adopted the open border policy I had advocated until then, that place would be gone in a decade. Now, when I recently expressed some reservations about unrestricted immigration on a libertarian blog, I was immediately accused of being a ‘xenophobe.’

Interestingly, these latter observations are similar to those of Ralph Raico and Hoppe. Raico argued:

Free immigration would appear to be in a different category from other policy decisions, in that its consequences permanently and radically alter the very composition of the democratic political body that makes those decisions. In fact, the liberal order, where and to the degree that it exists, is the product of a highly complex cultural development. One wonders, for instance, what would become of the liberal society of Switzerland under a regime of “open borders.”

In other words, the argument is that relatively liberal societies would certainly soon become less libertarian if they opened their borders.

And Hoppe argues here 1 (emphasis added):

It is not difficult to predict the consequences of an open border policy in the present world. If Switzerland, Austria, Germany or Italy, for instance, freely admitted everyone who made it to their borders and demanded entry, these countries would quickly be overrun by millions of third-world immigrants from Albania, Bangladesh, India, and Nigeria, for example. As the more perceptive open-border advocates realize, the domestic state-welfare programs and provisions would collapse as a consequence. This would not be a reason for concern, for surely, in order to regain effective protection of person and property the welfare state must be abolished. But then there is the great leap—or the gaping hole—in the open border argument: out of the ruins of the democratic welfare states, we are led to believe, a new natural order will somehow emerge.

The first error in this line of reasoning can be readily identified. Once the welfare states have collapsed under their own weight, the masses of immigrants who have brought this about are still there. They have not been miraculously transformed into Swiss, Austrians, Bavarians or Lombards, but remain what they are: Zulus, Hindus, Ibos, Albanians, or Bangladeshis. Assimilation can work when the number of immigrants is small. It is entirely impossible, however, if immigration occurs on a mass scale. In that case, immigrants will simply transport their own ethno-culture onto the new territory. Accordingly, when the welfare state has imploded there will be a multitude of “little” (or not so little) Calcuttas, Daccas, Lagoses, and Tiranas strewn all over Switzerland, Austria, and Italy. It betrays a breathtaking sociological naiveté to believe that a natural order will emerge out of this admixture. Based on all historical experience with such forms of multiculturalism, it can safely be predicted that in fact the result will be civil war. There will be widespread plundering and squatterism leading to massive capital consumption, and civilization as we know it will disappear from Switzerland, Austria and Italy. Furthermore, the host population will quickly be outbred and, ultimately, physically displaced by their “guests.” There will still be Alps in Switzerland and Austria, but no Swiss or Austrians.

As for Callahan getting smeared as a “xenophobe” for having reservations about unrestricted immigration, this is common–from criticisms such as he himself leveled at Hoppe, and so on (followup). Make of this what you will.

(To be clear, I’m pro-immigration and opposed to state restrictions on immigration.)

Update: See some recent tweets:

Tweet:

It’s hard for an ancap to support the INS, or any other federal goonds. OTOH it’s hard to support mass subsidized immigration either. Hoppe himself sees the heart of the problem is one caused by state democracy, welfare, and intervention: if the state prevents a citizen from inviting some outsiders, that violates his rights; it is what Hoppe calls forced exclusion. He specifically criticizes state immigration policy when it violates the rights of its citizens to invite whoever they want to their property. OTOH if the state subsidizes mass immigration and forces people to support and associate with and employ and give voting rights to these outsiders by means of antidiscrimination laws, welfare, and public roads and transportation and other state owned public property and facilities, this violates the rights of citizens by way of forced integration. Both forced exclusion and forced integration violate property rights of the citizens, according to Hoppe. Hoppe’s solution–the “first best”–is to abolish the state so that neither forced exclusion nor forced integration occur. Barring that, his “second best” solution as to a reasonable way to minimize both, to reduce the rights violations from either forced exclusion or forced integration, is to deny outsiders the use of public resources owned by citizens (because given welfare and other legal rights, they will have access to this as soon as they are permitted access) unless they are invited by a citizen who takes responsibility for them. By prohibiting them from accessing public resources (without an invitation) you reduce forced integration and related costs and rights violations; by permitting someone who is invited by a citizen, you reduce the forced exclusion problem (and by making the invitee-citizen responsible, you further reduce the forced integration problem since presumably there is a lower chance the immigrant will be a criminal or on the dole, since a citizen has to vouch for and to some degree even be responsible him). Until we abolish the welfare state, voting, and the state itself, you can see why his solution has an appeal to some libertarians: it’s an attempt to reduce both types of rights violations perpetrated by the state: forced exclusion, and forced integration/mass-subsidized immigration. See relevant quotes here stephankinsella.com/2007/09/boudre n.b.

Interesting discussion about the libertarian position on immigration/open borders between my brothers El-Bobborino

and

. Dave does a good job giving his take on the Hoppean-type view on this matter, on second-bests, and the like. I tried before to explain, myself, what this Hoppean position really is: see twitter.com/NSKinsella/sta and my article “A Simple Libertarian Argument Against Unrestricted Immigration and Open Borders” stephankinsella.com/2005/09/a-simp. In the Smith-Murphy discussion, go to around 37 minutes here, where they talk about Gramercy Park in NYC. This is a good hypo Dave gives but let me refine it a bit youtu.be/1EZ6-Pn9j88?si So imagine there is a private neighborhood that owns a park in NYC, Gramercy Park, and only the residents and owners have keys to use the park. So therefore it’s very nice since no outsiders, bums, vagrants can use it. Let’s say these residents all pay their HOA (I know, I know, unemployed libertine libertards hate HOAs, but let it pass) a fee to hire private security guards to make sure no outsiders or bums use the park. Now one day the state expropriates Gramercy Park so is now it’s official owner, and they tell the previous owners they have to pay a tax to the state and the state will provide its own police, but everything will continue as before. Of course, it will be more expensive and less efficient, but the residents grumble and move on. They still have their little park, and instead of paying HOA fees to pay for private security, they are now paying a special tax and the state is providing the security personnel. So they are worse off because they are paying more and getting worse services, but only so much damage has been done to them. But now comes along an open-borders libertard type who thinks state-owned property ought to be treated “as if” it is unowned. In other cases, like borders, or state schools, they say well the state has no right to stop an immigrant from coming in; he’s not committing aggression. The state has no right to stop a crackhead from walking into a public elementary school classroom; after all he’s not committing aggression, and the property is “unowned.” So by this logic, they would have to say that the government, as owner of Gramercy Park, has no right to stop bums from decamping there. So let’s say the government takes the advice of our helpful local libertarian and tells its cops “stop banning bums from using the park”. So now the local residents find their beautiful park ruined and unusable. Can you not see how this state change in its policy about who can use public property that it has seized, adds insult to injury? Actually it adds injury to injury. If the state commandeers my private park and makes me pay taxes for it and runs is less efficiently, I am harmed to a certain degree but I still have the use of my park. If the state then starts allowing all-comers in, then it harms me more. See? n.b.

Hoppe is for anarchy in which there would be no INS etc. He simply points out that with a welfare democracy, there are costs to whatever immigration policy is adopted: either forced exclusion, or forced integration. Both are costs imposed by the state’s existence.
I think in our current system, imposing stricter immigration controls violates rights (what Hoppe calls forced exclusion) and opening the borders violates rights (forced integration). In the US system, I tend to think we should increase the number of legal immigration.
Hoppe himself admits that in our current democratic welfare state, any immigration policy will violate rights: by forced exclusion (if a citizen is not permitted to invite guests or workers) or forced integration (due to various state policies that stephankinsella.com/2007/09/boudre /4
***
https://twitter.com/NSKinsella/status/1781800967903559979:

Interesting admission by left-libertarian

in 2005: “Hoppe’s views on immigration are based on an interpretation/application of libertarian rights theory that I strongly disagree with, but I don’t think it’s self-evidently un-libertarian. Given the current system of all-pervasive state property, both an open-borders policy and a closed-borders policy are going to violate some libertarian rights. So it comes down to a question of which policy is worse. “I think closed borders are worse, Hoppe thinks open borders are worse; we both agree that ultimately there should be no state borders at all and that individual property owners should have soveriegnty over their own property, so it’s just a disagreement about the second-best solution. “Anyway, given that Mises advocated conscription, 100% libertarian purity can hardly be the standard to determine who counts as a champion of liberty.” stephankinsella.com/2005/04/the-or This echoes my view that Hoppe recognizes that given the modern welfare democratic state, any immigration “policy” will violate rights. So Hans favors reducing the overall amount of rights violations. The best way to do this is to have no state at all and 100% private property. But barring that: have a sponsor system, which would reduce both types of rights violations. Increase legal immigration in the US via a sponsorship system, which would increase overall immigration and also overall quality immigration, and would reduce forced integration costs, and also reduced forced exclusion. Seems like a win win to me. n.b.

 

https://twitter.com/NSKinsella/status/1759447284360614347:

It’s hard for an ancap to support the INS, or any other federal goonds. OTOH it’s hard to support mass subsidized immigration either. Hoppe himself sees the heart of the problem is one caused by state democracy, welfare, and intervention: if the state prevents a citizen from inviting some outsiders, that violates his rights; it is what Hoppe calls forced exclusion. He specifically criticizes state immigration policy when it violates the rights of its citizens to invite whoever they want to their property. OTOH if the state subsidizes mass immigration and forces people to support and associate with and employ and give voting rights to these outsiders by means of antidiscrimination laws, welfare, and public roads and transportation and other state owned public property and facilities, this violates the rights of citizens by way of forced integration. Both forced exclusion and forced integration violate property rights of the citizens, according to Hoppe. Hoppe’s solution–the “first best”–is to abolish the state so that neither forced exclusion nor forced integration occur. Barring that, his “second best” solution as to a reasonable way to minimize both, to reduce the rights violations from either forced exclusion or forced integration, is to deny outsiders the use of public resources owned by citizens (because given welfare and other legal rights, they will have access to this as soon as they are permitted access) unless they are invited by a citizen who takes responsibility for them. By prohibiting them from accessing public resources (without an invitation) you reduce forced integration and related costs and rights violations; by permitting someone who is invited by a citizen, you reduce the forced exclusion problem (and by making the invitee-citizen responsible, you further reduce the forced integration problem since presumably there is a lower chance the immigrant will be a criminal or on the dole, since a citizen has to vouch for and to some degree even be responsible him). Until we abolish the welfare state, voting, and the state itself, you can see why his solution has an appeal to some libertarians: it’s an attempt to reduce both types of rights violations perpetrated by the state: forced exclusion, and forced integration/mass-subsidized immigration. See relevant quotes here stephankinsella.com/2007/09/boudre n.b.

  1. Natural Order, the State, and the Immigration Problem (Vol. 16 Num. 1, Winter 2002): 75-97, in The Great Fiction). []
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Don’t Bet on China

China is widely viewed as a “threat” to the US because of its perceived rapid and unstoppable economic growth. This is, in my view, doubly confused. First: if the premise were true, this would be good, not bad. Second: I don’t think China is in such great shape. Unfortunately.

Some free market economists think otherwise. Peter Schiff “predicts that China will overtake the U.S in terms of Gross Domestic Product before 2020.” Jim Rogers thinks “China will likely constitute tomorrow’s most powerful nation-state.”

I’ve been working for years now for a company with factories and extensive dealings in Taiwan and China. It’s been my opinion for some time that China is a primitive basket case. Land is leased, not owned. The communist party corruption is everywhere. The Asian mentality is far different than the western one; they are less innovative, more subservient and servile, more order-following, more collectivist and less individualistic. Poverty and peasantry are rampant. Asians are far more racist and superstitious than Americans (everyone is more racist than Americans in my experience). You have to get permission for everything. There are currency controls. Contracts are not respected–they are signed because they are viewed as red tape and then they start being renegotiated the next day. And on and on.

In my view, America is, for all our faults, still, by far, the strongest and best large economy in the world. Who can match the US? Canada is too small. Japan is not quite our size and has its own problems. Europe is like an older, more kleptocratic version of the US–and is probably second best in the world. South America is a basket case of banana republics. Africa is even worse. Russia and Central Europe?–mired in pessimism and corruption and the tendrils of the wreckage of communism. Of the rest, I think India has a better chance than China, for two reasons: they speak English, and they inherited the English property rights system–unlike in China where you still have to lease land from the state for 50 years instead of buying it. And I think India is a basket case too, unlikely to improve much for many decades. So the US is and will remain preeminent, in my view–despite all our problems. (See also Jonathan Bean’s America’s Hidden Strength: Babies, Immigration.) Unfortunately, this will allow our parasitical state to maintain its warfare-welfare state (see my post Hoppe on Liberal Economies and War).

An American friend of mine living in China sent me some of his thoughts, which I provide, with editing, and anonymously, below:

China is [screwed], I tell you. This place is one big pile of poo. Jim Rogers and Peter Schiff are wrong, at least about China. Jim Chanos is right! [See also Jim Rogers: China not in a bubble, Chanos couldn’t spell China; China May ‘Crash’ in Next 9 to 12 Months, Faber Says. Also note: Mark DeWeaver, who has written for the Mises Institute before, recently gave a speech about Chinese monetary policy. There’s some interesting meat in both the audio and corresponding slides.] [continue reading…]

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Kinsella and Wicks on The Peter Mac Show

I was on The Peter Mac Show on May 12, 2010, with my fellow Libertarian Standard co-blogger Rob Wicks. We discussed a variety of matters, including whether libertarians should use the word “capitalism,” also anarchy, IP and other topics. The MP3 file is here.

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