"In a nation of hundreds of local industrial economies, with long-distance rail transport much more costly than at present, the natural pattern of industrialization would have been to integrate small-scale power machinery into flexible manufacturing for local markets. Instead, the state artificially aggregated the demand for manufactured goods into a single national market, and artificially lowered the costs of distribution for those serving that market. In so doing, it drastically increased both market areas and predominant firm size. In effect, it created an artificial ecosystem to which large-scale, mass-production industry was best 'adapted.'" - Kevin Carson, ***MOLOCH: Mass-Production Industry as a Statist Construct*** (2009) https://c4ss.org/wp-content/uploads/2009/08/Moloch.pdf #Agorism #Agorist #MarketAnarchy #MarketAnarchism #MarketAnarchist #Libertarian #Antistate #FreeMarket #Anticapitalism #Quotestr

Monero-chan about to get a sandevistan. View quoted note →

🤣🤣🤣 #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #AustrianEconomics #Rothbard

Rothbard why did you have to join the paleocons?

Murray N. Rothbard, Confiscation and the Homestead Principle (1969)

One property of sound money that is criminally underrated is that of liquidity. Advantages of money being easily liquidable are that it ensures transactions can occur at a quicker and cheaper pace, allowing for more stable price signals on goods which reflect supply and demand more accurately. Liquidity is also important for speeding up recovery from boom-bust cycles.

"The first problem here is by what mysterious process the critics know that the recipients would have liked to purchase the 'benefit.' Our only way of knowing the content of preference scales is to see them revealed in concrete choices. Since the choice concretely was not to buy the benefit, there is no justification for outsiders to assert that B’s preference scale was 'really' different from what was revealed in his actions" - Murray Rothbard, ***Man, Economy, and State with Power and Market*** (2009) p. 1040. 2nd ed. https://jeffersonamericas.org/wp-content/uploads/2020/07/Roth3.pdf #Agorism #Agorist #AnCap #Libertarian #Antistate #AustrianEconomics #SupplyAndDemand #FreeMarket #ProMarket #Markets #PublicGoods #MurrayRothbard #Rothbard #Quotestr

Competition amongst buyers and sellers is designed to determine the appropriate prices for consumers, resulting in successful allocation of goods to where they are needed.

Say what you will about Charlie Kirk, but he sure did know his economists. #AnCap #Libertarian #Libertarianism #Antistate #AustrianSchool #AustrianEconomics #LudwigvonMises #Mises #FAHayek #Hayek #Rothbard #Friedman #Sowell #Bastiat #Liberty #Freedom #Video #Videostr

Thomas Sowell explains the market's ability to self-correct. Source: @sowelleconomics, X #AnCap #Libertarian #Libertarianism #Antistate #AustrianSchool #AustrianEconomics #FreeMarket #SpontaneousOrder #Decentralization #EndTheFed #Sowell #Video #Videostr

It's a shame I lost the birth lottery that would place me in the universe where Trump destroys the Fed Building for his ballroom instead of the East Wing.

Was Marx a closeted ancap!? #AnCap #Libertarian #Antistate #AustrianEconomics #AustrianSchool #InvisibleHand #FreeMarket #Markets #FreeTrade #LaissezFaire

🤣🤣🤣 #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #AustrianEconomics #Mises

86 the Fed. #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny #Politics #USPolitics #USPol

Money printing is like heroin to banks.

Austrian economics is the only school that treats the entrepreneur as the protagonist. Every other school treats him as a variable.

Fudds #Agorism #Libertarian #Antistate #ACAB #FTP #RightToBearArms #ShallNotBeInfringed

A crop circle license kind of sounds dope ngl. #Agorism #Libertarian #Antistate

Wasian girls. Source: JesseChrisss, YT #Interesting #Cute #Cutestr #Kawaii #Womanstr #Video #Videostr

Despite what I think of them, this has to be one of the best Mises Institute articles I've ever read. https://mises.org/mises-wire/inflation-communication-and-noise

When new money enters the economy, it does not arrive to everyone equally. It goes to the bankers and financial institutions, who lend it out to companies that in turn spend it and have the advantage of not dealing with the rising prices that come from their spending habits. By the time the newly circulated money enters the pockets of people such as the middle class, the working class, and those saving money, prices are much higher, and as a result, more purchasing power remains with those the closest to the central bank while everyone else has theirs diluted. This is the Cantillon effect in action.