Can Austrian Economics Break Bricks?
It would appear so.
I managed to read a good number of the Market Anarchy zines over the summer. One that I didn’t get to was “Can Austrian Economics Break Bricks?,” an adaptation of Benjamin Darrington’s essay Government Created Economies of Scale and Capital Specificity.
Drawing heavily from Kevin Carson and the Austrian tradition, the essay describes various ways in which government encourages the establishment and continued existence of large, centralized, and capital-specific firms and methods of production. The motivations for doing so and the harmful effects are also explored. This is especially important reading in this hour of accusations against non-existent lassiez-faire.
September 25th, 2008 at 11:52 am
I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.
Tim Ramsey
October 13th, 2008 at 1:02 am
[...] laissez-faire is not about letting political cronies alone. Their privileged positions are established and supported by government rule. The population that sustains them is never let alone. Decisions are impacted by [...]