"What is the incentive of a tax-funded policeman to be good at preventing crime? The answer is virtually zero. His salary does not depend on whether he is good at preventing or not preventing. As a matter of fact, preventing crime might be somewhat dangerous to do. It’s better to go out, hand out parking tickets, speeders, and these types of people. The danger is relatively low that you get shot by doing this sort of thing.
Why would insurance companies be good at prevention? The answer is, whatever they can prevent, they do not have to pay up. That is, it is an element of reducing the cost of operation for them, so they tend to be better at it." - Hans-Hermann Hoppe from a speech delivered at the 2009 Mises University. https://mises.org/mises-daily/economics-world-government
#AnCap #Libertarian #Antistate #FreeMarket #Insurance #InsuranceCompanies #Competitiveness #Security #Goods #PrivateGoods #Hoppe #Quotestr
MoneRogue
MoneRogue@coinos.io
npub1l7a3...dtjt
Teaching the world about Austrian economics, one meme at a time.
|bitcoin:bc1qlefc5lwqdtu9d6xend9yxcd3qcs0umcnn0e5wp | bitcoincash:qqpf3382x9m46t52gslmktq34ru52kqppgwy6mm9qn |monero:8ADYj4tVrrGN7GH5z2rcQKXhbix9xco74jZxzpfFfckKYNykU38aVYtAWYsBsFZjzhR6bxn6CCkcgBNRhXVZaRPf6SkeGhH |
"As I have said, democracy turns many people into small children. It makes them believe that all problems can be solved quickly and easily if the right people are elected, if money is printed, or if wealth is redistributed from one group of inhabitants to another. It supports a childish mentality in them." - Hans-Hermann Hoppe in a 2009 interview in Prague.
#AnCap #Libertarian #Antistate #Antigovernment #Antipolitics #Antidemocratic #Hoppe #Quotestr
Hans-Hermann Hoppe | Lukáš Kovanda
Several years ago you said in an interview that "governments love crises – in fact, they often cause them or at least contribute to them, in orde...
How gun-grabbers think gun control works.
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Video #Videostr
I highly recommend reading Forty Centuries of Wage and Price Controls when you can. It has plenty examples of this kind of policy failing.
#Agorism #Agorist #AnCap #Libertarian #Antistate #AustrianEconomics #AustrianSchool #FreeMarket #Markets #Prices #InterestRates #PriceControls #WageControls #MinimumWage #LivingWage #Inflation #EndTheFed
#Agorism #Agorist #AnCap #Libertarian #Antistate #AustrianEconomics #AustrianSchool #FreeMarket #Markets #Prices #InterestRates #PriceControls #WageControls #MinimumWage #LivingWage #Inflation #EndTheFedDon't forget usury (interest controls) laws!
Source: @MiltonFriedmanW, X
#AnCap #AnarchoCapitalism #Libertarian #Antistate #AustrianEconomics #Prices #PriceControls #Wages #WageControls #MinimumWage #Interest #Knowledge #Inflation #Video #Videostr
🤣🤣🤣
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol #PamBondi
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol #PamBondiNational collectivism vs. International collectivism
#Agorism #Agorist #Libertarian #Libertarianism #Antistate #Individualism #1A #2A #FreeSpeech #FreeAssociation #RightToBearArms #Freedom #Liberty
#Agorism #Agorist #Libertarian #Libertarianism #Antistate #Individualism #1A #2A #FreeSpeech #FreeAssociation #RightToBearArms #Freedom #LibertyMilei is locked in.
#AnCap #Libertarian #LibRight #Antistate #AustrianEconomics #FreeMarket #LaissezFaire #MarketEconomy #JavierMilei #Milei #VLLC
#AnCap #Libertarian #LibRight #Antistate #AustrianEconomics #FreeMarket #LaissezFaire #MarketEconomy #JavierMilei #Milei #VLLC🤣🤣🤣
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol #PamBondi
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol #PamBondi🤣🤣🤣
#AnCap #Libertarian #LibRight #Antistate #AustrianEconomics #FreeMarket #LaissezFaire #MarketEconomy #FriedrichHayek #Hayek #RoadToSerfdom #SpontaneousOrder
#AnCap #Libertarian #LibRight #Antistate #AustrianEconomics #FreeMarket #LaissezFaire #MarketEconomy #FriedrichHayek #Hayek #RoadToSerfdom #SpontaneousOrderWhy is this disturbingly accurate?
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#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Technology #Techstr #Linux #Cypherpunk🤣🤣🤣
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol #PamBondi
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol #PamBondiThis is how it feels like talking to her.
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny
#Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #FunnyHappy 174th heavenly birthday to Eugen von Böhm-Bawerk! Thank you for your contributions!


Economic ouroboros.
Break the cycle. Use XMR!
#Agorism #Agorist #Libertarian #Antistate #AustrianEconomics #FreeMarket #FreeTrade #Deregulation #SupplyAndDemand #ArtificialScarcity #Scarcity #IntellectualProperty #Zoning #Tariffs #Welfare
#Agorism #Agorist #Libertarian #Antistate #AustrianEconomics #FreeMarket #FreeTrade #Deregulation #SupplyAndDemand #ArtificialScarcity #Scarcity #IntellectualProperty #Zoning #Tariffs #Welfare"Oh no I can't sell clot shots anymore!"
View quoted note →
The area of financing is the only part of the economy where profit is not really an incentive IMO because of the risk of fractional reserve banking, especially if you don't use sound money. So I think the network structure should be mandatory for financial matters such as deposits, loans, insurance, etc; while everywhere else can decide whether to be a firm or network.
What do you think?
#Agorism #Agorist #MarketAnarchism #MarketAnarchist #Mutualism #Libertarian #Antistate #Voluntaryism #MutualAid #MutualCredit #CreditClearing #CoOp #PeerToPeer #P2P #Decentralization
#Agorism #Agorist #MarketAnarchism #MarketAnarchist #Mutualism #Libertarian #Antistate #Voluntaryism #MutualAid #MutualCredit #CreditClearing #CoOp #PeerToPeer #P2P #DecentralizationMoSt LiBeRtArIaN pReSiDeNt!
#Agorism #Agorist #AnCap #Libertarian #Libertarianism #AustrianEconomics #FreeMarket #Markets #PrivateSchool #Unschooling #Montessori #DepartmentOfEducation #AbolishTheED
#Agorism #Agorist #AnCap #Libertarian #Libertarianism #AustrianEconomics #FreeMarket #Markets #PrivateSchool #Unschooling #Montessori #DepartmentOfEducation #AbolishTheEDMaturing is realizing that money is a good just like any other, so supply and demand is really about mutual exchange of two different goods.