On progress

It is an interesting question as to what those who want progress think its possibility lies in, what its conditions are. Stated briefly, the economic crisis of 1920-21 was overcome with much greater speed than the economic crisis of 1929. What was the difference? The role of government. The speediest way through economic crisis is …

On production and virtue

Production is everything for the following conditions: incomplete, imperfect, needy, wanting, dissatisfied. There are of course interesting questions about just what needs production but that something does is necessary for those in any of the above categories. It is typical to find individuals bickering and arguing over earthly goods. We Puritanical Libertarians think the spaces …

Production, distribution and consumption

Each production, distribution and consumption are always on going. The categories indeed are useful and meaningful but in reality the three activities are deeply intertwined. He who has control of one has control over all. Imagine two possibilities: first, what is produced, distributed and consumed is determined by voluntary contract. Control is localized, decentralized and …

Investment and virtue

It is one of our fundamental principles that the moral makes possible any real and lasting material production. We think it, in the time of investment, counting produce. We aim at that which will produce morally and materially. Investment is sagacious sacrifice. Investment necessarily requires the choosing of some wants over others. Those that are …

The elements of production whether moral or material

The producer needs an end. The end should be an addition to the good and not a detraction. The producer needs a means to the end. This takes shape as policy, strategy, steps, rules for action. The producer needs suitable material. This is stuff, and this is tools. The producer needs freedom to move and …