I was asked a question about voting for Javier Milei, the soi-disant anarcho-capitalist or libertarian running for President in Argentina. I can certainly say that of the few videos and statements I’ve seen from the guy, he seems amazing, compared to any politician I’ve ever heard of. Since he seems to be familiar with Austrian economics and Rothbardian anarcho-libertarianism, and a scholar to boot.1 I doubt he get much of his radical programme enacted if elected, but even if he could dollarize the economy and stop hyperinflation, that would be a huge plus.2[continue reading…]
See his chapter “Capitalism, Socialism, and the Neoclassical Trap,” in David Howden & , eds., The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Vol. II (Palgrave Macmillan, 2023), which unfortunately has a prohibitive academic publisher price, but I hear rumors free copies can be found online. [↩]
The Supreme Court’s recent decisions preventing colleges from using affirmative action—Students for Fair Admissions (SFFA) v. the University of North Carolina at Chapel Hill, and Students for Fair Admissions (SFFA) v. Harvard College)—are wrong and unconstitutional. It’s a shame libertarians are in favor of this and sound like conservatives repeating dumb lines like “it should be merit oriented.” As if it was ever about merit: ever heard of legacy admissions or athletic admissions? Sure, mediocre-IQ Obama got into Harvard (racial affirmative action); but similarly mediocre-IQ George Bush got into Yale (legacy). Lower IQ football players get in and get scholarships too. So what?
It’s not about merit, or not only about merit; never was. Look at Harvard’s own website:
John Adams graduates
John Adams, future U.S. president, graduates. Before 1773, the graduates of Harvard were arranged in a hierarchy not of merit but “according to the dignity of birth, or to the rank of [their] parents.” By this rather undemocratic standard, Adams graduated 14th in a class of 24.
They also ignore federalism (the FedGov has no business regulating state universities) and constitutional problems with using the 14th Amendment to strike down state laws/actions they frown upon.1 Libertarians sound like clueless rah rah patriotic type dumb conservatives who romanticize the past and pretend we should “return” to a merit based higher education system. Return? Sounds half-racist. I understand why Blacks sense hypocrisy when whites whine about racial preferences—when legacy admissions have been tantamount to racial preferences for whites for a looooong time.
Last year Larken Rose and I appeared on Patrick Smith’s Disenthrall show,1 after Rose had posted some videos criticizing libertarians who pirated the HBO show “The Anarchists” as “poopheads,”2 even though he technically opposes IP. Or claims to. According to Rose, you should “throwing a couple dollars towards HBO” or something, to avoid being a poophead. He granted that someone pirating an already-leaked video file is not committing aggression (they have no contract with the creator), but they are a “jerk.” Or “poop head.” After all, the “creator” of the “content” put his “labor” into it and didn’t “want it” to be pirated. And his “business model” depends on people “not pirating it.”3
Or something. So you are a “poophead” if you mess up their unrealistic business model. [continue reading…]
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