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KOL385 | “Goods, Scarce and Nonscarce” (audio)

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Kinsella on Liberty Podcast: Episode 385.

This is an audio version of my article “Goods, Scarce and Nonscarce” (with Jeffrey A. Tucker), Mises Daily (Aug. 25, 2010). Narrated by Bob Reilly.

N.b.: the narrator mispronounces some words, e.g. he pronounces Menger as “Minn-jer” and causally as “casually”.

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Human Action and Universe Creation

Based on a facebook post (mysteriously deleted):

In my various arguments about intellectual property (IP) over the years (since I first started writing and speaking on this, in about 1995) I have gradually come up with new ways of explaining the issue, mostly in response to various criticisms and arguments I’ve seen raised on the pro-IP side. I don’t disagree with much of what I wrote in my 2001 Against Intellectual Property, though I was not hard enough on trademark and trade secret, and I probably would be more careful with the term “scarcity” since I have learned that its dual meanings are an unending source of equivocation by unscrupulous opponents (e.g. when they say “well good ideas are pretty scarce, in my opinion!”). I’ve learned a few supplementary arguments against IP or have learned different ways of making the case, that I would now include in the 2001 monograph, and which I may do someday if I write a new case against IP from scratch (a possibility; tentatively entitled Copy This Book). [continue reading…]

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Kinsella on Liberty Podcast, Episode 384.

My appearance on Ernie Hancock’s show at PorcFest 2022, recorded June 23, 2022. Episode.

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Kinsella on Liberty Podcast, Episode 383.

I was an impromptu guest at the FreeTalkLive tent at PorcFest 2022 yesterday (June 23, 2022), with hosts Patrick Motorist and Tone Vays, discussing the Open Crypto Foundation, the Reno Reset, and related matters.

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Kinsella on Liberty Podcast, Episode 382.

I was an impromptu guest at the FreeTalkLive tent at PorcFest 2022 today (June 23, 2022), with host Mark Edge (and Aria) discussing corporations and limited liability, and also the recent “Reno Reset” at the Libertarian Party’s 2022 Convention in Reno.

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Menger on Scarcity, Law and Property Rights

“Thus human economy and property have a joint economic origin since both have, as the ultimate reason for their existence, the fact that goods exist whose available quantities are smaller than the requirements of men. Property, therefore, like human economy, is not an arbitrary invention but rather the only practically possible solution of the problem that is, in the nature of things, imposed upon us by the disparity between requirements for, and available quantities of, all economic goods.”

—Carl Menger, Principles of Economics, ch. II, §3A.

See also Heath Pearson, Origins of Law and Economics: The Economists’ New Science of Law, 1830–1930 (Historical Perspectives on Modern Economics), p. 151; and Josef Sima, “Praxeology as Law & Economics,” Journal of Libertarian Studies 18, no. 2 (Spring 2004), pp. 73–89, at 78.

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Kinsella on Liberty Podcast, Episode 381.

This is my discussion with Eric John on Twitter Spaces, on June 18, 2022, about intellectual property—its genesis, common fallacies and misunderstandings, the labor theory of property, libertarian “creationism,” and so on. We discussed ownership of information and touched briefly on ownership of bitcoin.

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KOL380 | Tom Jump: Anarchy and Libertarianism

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Kinsella on Liberty Podcast, Episode 380.

Tom Jump, of the TJump Youtube channel, had me on to discuss anarcho-capitalism and related issues. I was not familiar with him or what position he would be coming from; turns out he’s a self-professed “centrist liberal” but was very intelligent, and surprisingly civil despite espousing some views completely contrary to libertarianism and my own beliefs.

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