The concepts monopoly and aggression are intimately related, like lock and key, or mother and son. You cannot fully understand the first without understanding the second. Most of us are taught to think of a monopoly as simply any lone seller of a good or service, but this definition is fraught with problems, as Murray…
Right libertarians tend to be brilliant defenders of wage labor, but often overlook the wage system. They are right as far as they go about wage labor, but ignore the structural inequality that affects the kinds of employment opportunities that people have — the kind that relies on political power. Wage labor is fine. The…
Major political parties in the United Kingdom are so far divorced from market anarchism as to render them a homogeneous mass of irrelevance. That said, it’s worth examining the policy announcements in Wednesday’s Autumn Statement by Chancellor George Osborne, if only to clarify the anarchist position and provide a critique of what many Brits incorrectly…
About six months ago, when Uber was first becoming a visible national controversy, I wrote a column (“One Cheer for Uber and Lyft” C4SS, May 16, 2014) in which I argued that Uber, despite being a genuine example of neither peer-to-peer (p2p) nor sharing, was a step in the right direction because it offered at…
The conservative American Enterprise Institute offers yet another defense of sweatshops from a self-styled advocate of liberty and free markets, Professor Mark J. Perry. Indeed it is more than just a defense; it’s a selective compilation of quotes and anecdotes hailing sweatshops as perfectly praiseworthy routes out of poverty. Typical free market defenses of sweatshops focus…
Durante el mes de noviembre traduje al español “Cómo la Ley de Tierras mantuvo el sometimiento de los negros en Brasil” de Eduardo Lopes, “Secesionismo brasileño: Sao Paulo contra el Noreste” de Valdenor Júnior, “Sorpresa: La guerra contra las drogas no tiene nada que ver con las drogas” e “Y yo que pensaba que el…
In his classic essay, What is Seen and What is Not Seen, Frederic Bastiat remarks, “There is only one difference between a bad economist and a good one: The bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.” The American…
Remember that stupid “We Are the 53%” campaign? Were you hoping you’d seen the last of it? Sorry to disappoint you, but it’s back. This time it’s being resurrected in an even more monstrous form by Stephan Kinsella — a libertarian attorney who, when not writing stuff like this, is actually one of the most…
I’m usually pretty optimistic about the day after tomorrow — I’ve been dismissed more than once as a techno-utopian — but sometimes when I get depressed by NSA surveillance, drones, and the corporate state’s manufactured aura of inevitability, I need a story to cheer me up. Here it is: A Canadian artist copyrighted his land…
I don’t know when this column will see print, but as I write it people all over the world are celebrating — with rightful enthusiasm — the fall of the Iron Curtain 25 years ago. During the Spanish-American War, William Graham Sumner gave a speech on “The Conquest of the United States by Spain,” in…
Science and innovation are chaotic, stochastic processes that cannot be governed and controlled by desk-bound planners and politicians, whatever their intentions. Good scientists are by definition anarchists. –Theo Wallimann, ETH Zurich Abstract Although profitable, cancer therapy has failed to live up to the promises of the War on Cancer waged since 1971. Modern chemotherapy can…
A recent Pew Research study surveys 44 countries, revealing that the Chinese are even friendlier to free markets than Americans. Katie Simmons, a senior researcher at Pew, “notes that China has enacted numerous reforms to open up the country’s economy since the 1970s.” It probably shouldn’t surprise us that people living under the Communist Party of China’s rule…
We already knew Joe Biden was a useful idiot for the “Green” (actually greenwashed) or “Progressive” wing of corporate capital, because of his indignation over the “theft” of “intellectual property.” He denounced “stealing” songs or movies as morally equivalent to a “smash-and-grab at Macy’s” — and in keeping with that belief has supervised FBI actions…
At The Washington Post, the Center on Budget and Policy Priorities’ Jared Bernstein argues that “the Federal Reserve can reduce inequality,” that by “using its interest-rate tools to keep the cost of borrowing down and signaling to the investor community that it is committed to keeping rates low, it can help to trigger job-creating activity.”…
October marks another productive month for C4SS. Maybe not as productive in quantity, but certainly in quality. C4SS is a media center and think tank: we focus on crafting editorials for mass media reproduction (over 2000 reprints, and counting, documented) and academic level studies. Each month we invest more and more into book reviews and studies….
The election season is upon us, and we’re hearing the usual political promises about raising wages. Democrats pledge to raise the minimum wage and assure equal pay for equal work for men and women. Republicans usually oppose those things, but their explanations are typically lame. (“The burden on small business would be increased too much.”)…
Paul Krugman, in denouncing the excessive market power of Amazon (“Amazon’s Monopsony is Not OK,” New York Times, October 19), proclaims that the Robber Baron Era ended when “we as a nation” put an end to it. There’s a powerful story in the book of 2 Samuel about the prophet Nathan confronting King David after…
If you accept your enemy’s conceptual categories, you’re apt to wind up with a badly framed debate in which both sides are unsatisfactory. Jeff Madrick’s article “Our Misplaced Faith in Free Trade” (New York Times, October 3) clearly demonstrates this. The corporate state and its stooges in both major political parties and the commentariat are heavily…
It’s no secret that economists and libertarians have developed a bad habit of assuming things about history and other societies on first principle without actually checking archaeological or anthropological findings. On occasion the divide can be quite stark. David Graeber’s Debt: The First 5000 Years gets a lot of momentum by attacking a widely circulated…
According to Damon Linker, spontaneous order “might be the silliest and most harmful of all” libertarian ideas (“Libertarianism’s terrible, horrible, no good, very bad idea,” The Week, Sept. 26). He summarizes spontaneous order, popularized by Hayek in the 20th century, as the belief that “when groups of individuals are left alone, without government oversight or…