Monday, December 28, 2009

done with denninger

the deflationists are keynesians in drag, says gary north.

ever since i read denninger's article on defending fractional reserves (was: re: FRAUD, you IDIOT. you're defending FRAUD.), i have been waiting for a succinct shut-down of his general position. this does well.

let's see how karl feels about it on march 13, 2010.


oh this is so hard to watch. k.d. makes a total fool of himself in response. i can't see why, it's not like this site runs a bunch of ads or anything. he doesn't appear to need clickthroughs. why stretch so hard to drive traffic?


and there's gary's reply to that, for the readership unsure of what to think. very kind of him, i'd say.

having read and listened to audiobooks of mises and rothbard about the theory of money on my own time, and talks rothbard and woods and so on have given about money, the interest rate, et cetera, repeatedly, ad nauseum, because i enjoy it so much, and because i'm a damn slow learner, this is, i reiterate, hard (and sad) to watch.

denninger: first, suppose you might be wrong. consider your readers and their lives ten years from now.

Thursday, December 10, 2009

public goods fallacy

the fallacy of public goods: libertarians and national defense, per bylund.

The problem is that status quo is implicitly assumed. Where government is currently providing a service, such as national defense, it is concluded that the market could not provide that service holding the production structure, provision, and level of service constant. This is a common trick that many seem to fall for, but the conclusion does not make much sense: the free market cannot provide government defense. And even if the market could, why in the world would we assume market organization would be identical to government organization?

great article. it's almost as if per has been reading my comments at war on guns and sipsey street irregulars.

centralized government provides for national defense, at the cost of individuality, and the cost of actual individuals, for the dead are their own evidence, and the living often return from war as unrepentant or irreparably damaged murderers.

the free market provides for all individuals' defense -- not only on the national scale but the universal scale -- at the cost of the life or livelihood of the aggressors.

it's just a matter of trusting in god and leaving "national fate" in his hands; if you put god first then you must put his creation second -- unique individuals, namely, you -- followed by the family, of course. only after these natural socio-clines are accounted for might you pay tribute to the usefulness of man-made distinctions of nation, race or ethic.

Wednesday, December 2, 2009

$VVI

i occasionally come across pictures like this one:

and of course i'd like to identify the piece of hardware in use. no, not the guy with the mic headset up front.

the ordinance looks like an m829 or m831 saboted ke penetrator. i can't really be sure, but hey, moving that fast, who's counting? think of it this way: whatever it was, it's never going to slow down again, until it explodes. so what it really is is just an explosion waiting to happen.

waxing philosophical aside, what i really mean to identify is that launch platform. and i can't do it with just a few google searches without running into one thing: screenshots of fictional rocket launchers from games.

upon reflection, however, that's a good thing. as i look up military weaponry, the more i find screenshots from waste-of-time video games instead of descriptive photos and diagrams of actual pocket rockets, the better things are getting. the ratio of these two types of photos ought to be part of a virtualized violence index.

is your brooding son playing too many violent games? maybe you should let him. maybe he'd become the next hitler if he didn't have that outlet.

maybe the free market really has created something for sociopaths to do with their time that doesn't take everyone else's away.