Square One: Liberty through Property

To claim that property rights matter regarding a question of justice is simply to assert that the means of an action matter, that every moral agent has a right to defend their body-property and that nobody has a right to initiate force against them. Property rights are the practical implementation of a not-so-radical notion: you can’t do good by doing wrong.

Libertarians following in the Rothbardian tradition (henceforth “libertarians”) hold that they need only assert, monitor and defend the existence a single right (the natural, human right to property) in order to give practical effect to Spencer’s Law of Equal Freedom, J.S. Mill’s Harm Principle or the now commonly advanced Non-Aggression Principle.

Well No ‘Proper’ Statesman…

The ‘No Proper Statesman‘ is a fallacy akin to the ‘No true Scotsman‘.  It is an ad hoc attempt to retain an unreasoned assertion.  When faced with a counterexample to a universal claim (“States do not violate individuals’ rights”), rather than denying the counterexample or rejecting the original claim, the user instead modifies the original assertion to exclude the specific case or others like it by rhetoric, …

Repealing Glass-Steagall Did Not Lead to the Financial Crisis

Theories abound about the causes of the Financial Crisis of 2008, and “deregulation” is commonly indicted as one of the main culprits.  With few relevant changes to financial regulation to point to, the so-called “dismantling of Glass-Steagall” is invariably cited as evidence, but the claim doesn’t stand up to scrutiny.  In the words of one commenter: …