I do recognize where he is coming from as I also was a hardcore libertarian some thirty years ago, though in my defence I righted my ways since it's clear to a balanced observer that raw economics cares none for human well being or the fate of countries whose highest god is Mammon.
For the same reason, almost all religions condemn greed. It is a sure path to downfall of all that practise it.
Replies (5)
you guys should read mises' human action
I have way back in the day. I had it on my shelf, ended up giving it away.
I understand the temptation to turn to God and explain/simplify everyithing to bible quotes.
but we live here on this flying rock and we have to deal with reality.
people act in a world of scarce resources.
if i don't understand these constraints I will suffer. i refuse to.
Isn't it part of Misean doctrine to outright reject emperical observations and arguments?
I don't think so. If they can be decomposed to axioms.
But I'm not sure what we are talking about any more.
