On Moral (Virtuous) Production

When speaking of the moral realm one must be clear on what is being referred to. One may refer to the set of limits to action that are voluntarily agreed to by the property owners who wish to associate. Such moral reference is hardly permitted in a state. Since the state decides what the limits …

On Becoming Rich

From Epictetus: (Moral Discourses, Bk 3, Chptr 20) The title of the chapter is everything: "That We Can Derive Advantage from All External Things" "This is the rod of Hermes: touch it what you please, as the saying is, and it will be of gold...Bring disease, bring death, bring poverty , bring abuse, bring trial …

On Property_2

From Epictetus (Moral Discourses, 2.18) "Every habit and faculty is maintained and increased by the corresponding actions: the habit of walking by walking, the habit of running by running. If you would be a good reader, read; if a writer, write. But when you shall not have read for thirty days in succession, but have …

10.2, Future Currency Changes

Conditions that make further depreciation of the currency and inflation in prices more likely than future appreciation of the currency and deflation in prices more likely. In the Depression of 1920-21, brought about by the rapid reorganization of the economy away from war production, there was serious deflation. Prices dropped through the floor. So did …

10.1, Currency changes social pathology and the state

That the value of the currency fluctuates with such volatility is a sign of the unnaturalness of its cause. No people left to voluntary choice would choose as currency something that depreciated or appreciated with such speed. Aside from that, it is not a mere speculative question of causes. Those causes should take note of …

Investing under Bullies and Rare Earths

Here at Puritanical Libertarianism we reflect often on the conditions in which we find ourselves. Namely, we live under a regime that requires the acceptance of services (Defense, Dispute Arbitration/Courts, Social Security), determines the price for those services (taxation, regulation, licensure), and finally, the icing on the cake, the price structure is progressive (progressive is …

Dad and daughter conversation, time

Daughter (walking out on the back porch, bored, more interested in redirecting dad's attention than in the forthcoming answer to her question): "The U-n-h-e-a-v-e-n-l-y City? What's that book about?" (the question is a ruse. It is the conversation she is interested in. And she knows how to get it. She is 9. She has learned.) …

9.3, Kierkegaard and the Poetic, Patience, Socrates

"The rich bird comes swishing, comes flaunting; the poor bird--and patience is a poor bird, which does not come parading and posturing but comes like a soft breeze and the incorruptible essence of a quiet spirit. Patience is a poor art, and yet it is very long. Who learned it properly from life--who had the …