Categories
Blog

If you want to be wealthy, spend less and invest more

Contrary to the claims of many progressives and socialists, wealth is not created primarily through labor; rather it is created through taking risks and having a willingness to delay gratification. Yes, labor can create some wealth by converting and combining lesser valued goods into more valued goods, but most labor is simply traded—it doesn’t actually …

Categories
Blog

My ten unpopular, non-political opinions

There’s a bit of a trend right now to share unpopular, non-political opinions on Facebook. Here are some of mine. I don’t smoke and never have, but I don’t mind cigarette smoke. I do mind those who complain about it. Nothing ruins food like adding vegetables to it. Especially shredded lettuce… No one wants your …

Categories
Blog

Reality: Goods and Services aren’t Free

Goods and services aren’t free because they involve scarce resources. If you want heat, food, shelter, clothing, transportation, internet, and all the other things that make life comfortable and fun, you either have to make them yourself—chop wood and build a fire, dig a well, forage for food, etc.—or you have to trade for them …

Categories
Blog

Economics is reality and has been for millennia

I recently had an interesting (and short, because he quickly blocked me) conversation on Facebook with a self-styled “anarcho-primitivist” named Justin Stout. He claimed that “economics is a form of brain damage” and went on to make his case thusly: Nomadic gatherer-hunters produced nothing. A hunter does not produce wild animals. A gatherer does not …

Categories
Blog

Your boss doesn’t have authority over you, he’s your trading partner

The employer-employee relationship doesn’t involve authority because it is an ongoing, voluntary trade of labor for goods (typically money) or occasionally services. There is often confusion on this issue because it might appear that when a “boss” tells his employee what to do, he is exercising authority over that employee. Consider this example to help …

Categories
Blog

The non-aggression principle is derived from logic and reason

The non-aggression principle (NAP) isn’t some magical or mystical moral code handed down by a deity or discovered in ancient ruins, it’s derived from logic and reason. Individuals can’t all have the right to do whatever they want without there being constant conflict—I can’t have the right to kill you without coming into conflict with …