For me it was finally realizing that markets are not a form of democracy and democracy is not a gimp form of a market. Voting is the conscious act of attempting to compel others to do something against their will. It grants legitimacy to an immoral system.
What about you? Whats the most important thing you’ve learned?
There was a thread about this quite awhile ago. I could never find it again.
Anyone?
That mankind no longer needs the state and that the Invisible Hand Theory can be trusted.
Revisionism.
+1
Subjective Theory of Value
Revisionism of history. Thanks DiLorenzo!
That regardless of the unknowns, and perhaps in spite of them, there is never a justification for aggression.
I’d say the most influential posters for me have been Stranger, Jon Irenicus, NitroAdict and Jon Bostwick.
You’re one of the few that actually challenge me. I still think your ethical subjectivism is loopy so don’t get too cuddly with my comment.
I learnt that the market-price system is a voting machine.
maybe filc and Prashanth have something to discuss…
[:P]
Liberty does not exist by virtue of degree of government decree.
It is either complete or it is an illusion.
The action Axiom and the connection between Austrian economics and rationalist philosophy, Kant etc…
It made both the pursuit of economics and the writings of Immanuel Kant make much more sense to me than they did before I discovered the Austrian school.
Learning how to read.
Oh, you mean from Austrian economics…
The URL of this site. Everything else fell into place after that.
I think so.[*-)]
The capitalist system and the free market are the best providers for the needs and wants of society. Aggression is not necessary for prosperity, and in far too many cases, aggression sets people back much more than it helps them.
Doh!