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A game of mafia got me thinking about this. Suppose, hypothetically, people kept on mysteriously getting killed in a statist society (think USA), and people were mysteriously getting killed in an arachno-capitalist society. For the purposes of this discussion, we can assume that the thing that mysteriously killed these people is the same/similar. How would the people in both societies try to figure out how people were dying? What approach would they use to stop the deaths?
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I watched a movie that claimed that Margaret Thatcher and Ronald Regan were for the “free-market” and less government. But I am suspicious, I read some stuff on this website that claimed they weren’t. What did they do, if anything, that is not for “free markets”?
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Also, does anyone know if there is a classical business cycle theory? I know there is an Austrian one, but I am talking about mainstream classical economics.
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Also, lets say that after the state was abolished, some people still had a taste, and were willing to pay for some politics that was like the government. How could firms satisfy that demand?
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I watched Princess Mononoke. There is a wiki page on it. Anyone wanna discuss it?
I did watch that and some other films from Miyazaki. Too bad he has a thing for environmentalism. As a film-maker/animator he’s pretty pretty good though.
They certainly did deregulate and detax, which helped their country, but in no way did they deregulate or detax enough. They ran up deficits, practiced an interventionist trade and foreign policy, etc.
There never was one classical school. Remember, both Adam Smith and Karl Marx can be considered “classical” economists. Ricardo blamed the business cycle on fractional reserve banking.
Well, in Princess Mononoke, the conflict of man vs. state is done really well.
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Both systems would let their justice system figure it out. The statist approach might be an FBI/CDC operation. The anarcho-capitalist would have a private investigator. Technically both systems could utilize a PI.
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Reagan reduced the size of the government by about 10% relative to the GDP. Scrapping public investments and upping the defense budget.
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I don’t quite understand. A business that mimics a political institution?
jmw
Well, in Princess Mononoke, the conflict of man vs. state is done really well.
I believe that there was a Mises Daily Article, or at least blog post, about Miyazaki. Could be thinking of something else, though.
- Also, lets say that after the state was abolished, some people still had a taste, and were willing to pay for some politics that was like the government. How could firms satisfy that demand?
Panarchy?
Well, in Princess Mononoke, the conflict of man vs. state is done really well.
There was conflict between the feudal lords/the king on one hand and the industrialist/arm manufacturer lady eboshi on the other. There was conflict between the industrialists and the wood they used as raw materials. There was conflict between the emperor and the spirit of the forest. One of the human characters also belongs to the spirit world and so is in conflict with humans. The other main character is cursed…I mean…I saw lots of conflict in that movie =]
I believe that there was a Mises Daily Article, or at least blog post, about Miyazaki.
I saw an LRC article about Porco Rosso.
I saw an LRC article about Porco Rosso. Porco Rosso: Anarcho-Capitalist Pig?
That was it!
Miyazaki’s finest film, IMO.
Miyazaki’s finest film, IMO.
For me Spirited Away or Howl’s Moving Castle
But I haven’t seen Kiki’s Delivery Service
Laputa: Castle in the Sky and Nausicaa are good too. Castle of Cagliostro is also good.
Some more things I would also like to discuss, in addition to the ones posted above:
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Can someone point me to a source that can explain confiscatory deflation?
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In today’s economy, does government , generally, keep alive companies that make un-ethical decisions, or does it stop them? What about compared to arachno-capitalism? (I want to hear your opinion)
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How long do you think the current crisis will last, and how do you think govt. will respond now and in the future?
A revision to 3: What are other business cycle theories besides the ABCT and the Keynesian Business Cycle Theory?
What are other business cycle theories besides the ABCT and the Keynesian Business Cycle Theory?
There’s Real Business Cycle Theory, which to my knowledge is more or less the ‘new classical’ school of business cycle theory. However I’m under the impression that research on business cycles in the past few decades have been sort of all over the place so it’s hard to unify everything into concrete ‘theories’ in the same way that Austrian Business Cycle Theory is.
Ricardo blamed the business cycle on fractional reserve banking.
Where did he do this?
Anarcho-Capitalist Agents of Justice
State Agents of Justice

I don’t feel like I am getting some of my questions answered so…
tap
P.S. Nice pictures.
For me Spirited Away or Howl’s Moving Castle
I watched Howl’s Moving Castle a few days ago. Very very good. The firebombing of medieval-looking cities felt familiar…
I watched Howl’s Moving Castle a few days ago. Very very good. The firebombing of medieval-looking cities felt familiar…
Let me guess, America bombing Japanese cities in WWII?
German cities rather.