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Wednesday, July 07, 2010

The Rahn Curve

Posted by Richard Anderson on July 7, 2010 | Permalink


51 seconds in and I have to call BS. How exactly, does he know that in a "state of Anarchy" output is low? Where are his data points coming from? How is being free to spend and earn your money as you wish NOT "an environment conducive to productive behaviour"?

Sorry, but I'll side with Murray Rothbard and Tom Woods on this

Posted by: Mike | 2010-07-07 6:39:55 AM

I feel a response video coming on.

I am increasingly drawn to the conclusion that there should be a separation of state and economISTS/libertarians.

It's hard enough advocating freedom when the majority of competing messages are intended to be anti-freedom...advocating freedom when other alleged "freedom" advocates are so far off of the mark is more frustratingly difficult.

Posted by: Paul McKeever | 2010-07-07 7:28:28 AM

I look forward to it Paul.

The point of posting the video was to illustrate one point: That bigger government does slow down economic growth. Obviously that's not the only reason to be advocating for limited government. The video discusses the symptoms, not the wider philosophical case.

Posted by: Publius | 2010-07-07 8:08:43 AM

I'm not so sure that Rahn is that far off, to be honest. I mean, I'm a libertarian and not an anarchist for many of the same justifications that inform the leading edge of this graph.

While it is possible to envision an anarcho-capitalist society in which things like life and liberty are privately enforced, and that the advantages of such an environment will dis-incentivize anti-liberty behaviour due to the threat of proximate consequences, capital holdings or otherwise, I remain unconvinced the system can maintain any semblance of stability.

Posted by: Mike Brock | 2010-07-07 8:46:16 AM

Govt. knows that reducing the tax burden will increase revenue. One of the primary uses of taxes and Govt. regulation is to chokeback prosperity and growth. If the public isnt conditioned to look to the Govt. for security they learn to think for themselves. If that happens they would be free to ask many uncomfortable questions. Before you could turn around new political philosophies would emerge and possibly take root.

Posted by: mikeg | 2010-07-07 9:02:59 AM

Mike. Dont you think that the American constitution is a very wellcrafted document providing all the freedom and security required for a functioning society to prosper and grow. The American System is constantly under attack by forces that would like to assume more power and control to their own advantage. The issuance of currency and credit is a powerful tool that needs to be put back in the hands of Congress.

Posted by: mikeg | 2010-07-07 9:14:28 AM

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