Economic Myths #7 – Government Means Harmony

[First published on Free Life]

One of the aspects of capitalism and the free market that the typical lay person finds difficult to comprehend is the fact that the complex structure of work, production, distribution, and trade could possibly take place without some kind of centralised, directing authority in order to co-ordinate everybody’s efforts. Wouldn’t there just be chaos and mal-coordination with everyone trying to make their own, independent plans if there is nobody at the tiller to steer the giant ship?

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Why Libertarianism is Different

recent article of mine concerning the libertarian approach towards rights over land was written in response to the raising of the topic on a discussion forum. A separate, recent thread on the same forum has brought up another interesting discussion concerning the nature of libertarianism itself. I will attempt to address this in full here.

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Lifeboat Situations: Freedom in Times of Emergency

From time to time, the fundamental right of each of us to our individual liberty is challenged by the notion that such a right shouldn’t necessarily apply in emergencies. In the regular, fair weather of societal relations, it is easy enough for us to agree that we should, for instance, have no right to physically injure or steal from other people. But what if an emergency could be resolved only by a breach of the non-aggression principle (NAP)? What if that situation was so desperate that the only way to avoid almost certain loss of life (or severe bodily harm) was to violate the property rights of another person?

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How Land Comes to be Owned

Some years ago, I decided to cease any participation in online discussion forums. While such engagement was far from fruitless, it can very quickly become a net burden if, like me, one lacks the willpower to prevent all of the waking (and many non-waking) hours from being consumed by back-and-forth arguments on every single little detail of Austro-libertarian theory that happens to arise. Far more productive, I tell myself, to spend the time I have available reading and writing original material for outlets such as Free Life.

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