tag:blogger.com,1999:blog-3758330678390419129.post945574446882752882..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Madmen at the Cato ConferenceRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-3758330678390419129.post-82414856605891994322015-12-02T22:24:41.764-05:002015-12-02T22:24:41.764-05:00@Joshua Bennet
As Bob himself noted, Charles Koch...@Joshua Bennet<br /><br />As Bob himself noted, Charles Koch founded the institute with Murray Rothbard. It's easy to keep your principles when it won't cost you the fortune you've built. The free market favors new and better ideas over old and tired ones. Entrepreneurship has a tendency to replace people in the upper echelons. The Kochs simply have too much to lose, as would any P Szarhttps://www.blogger.com/profile/09298180391605451618noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-16080644170843132182015-12-02T07:42:55.779-05:002015-12-02T07:42:55.779-05:00@Jim
Do you have the link to that Gary North comm...@Jim<br /><br />Do you have the link to that Gary North commentary? Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84717306379815041212015-12-01T19:21:09.896-05:002015-12-01T19:21:09.896-05:00Gary North has made a similar point to Josh on his...Gary North has made a similar point to Josh on his site.<br /><br />People pay attention to results. Then they work backwards from that.VirtualAlaskanhttps://www.blogger.com/profile/15669445908177529235noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-45564849943454455812015-12-01T15:07:37.119-05:002015-12-01T15:07:37.119-05:00A lot of libertarians are young, having come acros...A lot of libertarians are young, having come across the concepts in the current post-crisis world of today. Give it time, and we may see some extraordinarily wealthy libertarians in the future. It's a shame all of those who bought into Bitcoin didn't become fabulousy wealthy like they dreamed :PBrandonhttps://www.blogger.com/profile/07378113291556288458noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75390976198325393052015-12-01T12:41:45.368-05:002015-12-01T12:41:45.368-05:00@RW
Vivid metaphor, but the key difference is we ...@RW<br /><br />Vivid metaphor, but the key difference is we are all basketball players. We all are compelled by the nature of reality to engage in competitive, capitalistic, business-like activity to sustain and grow our lives.<br /><br />Unlike doctors and basketball players, we cannot specialize and trade to permit us to ignore the minutia of optimally investing our personal time, energy, and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-48898812091256457442015-12-01T11:32:12.907-05:002015-12-01T11:32:12.907-05:00This discussion re-posted at Target LibertyThis discussion re-posted at <a href="http://www.targetliberty.com/2015/12/on-billionaire-libertarians.html" rel="nofollow">Target Liberty</a>Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22662104405893972922015-12-01T11:28:17.518-05:002015-12-01T11:28:17.518-05:00@sonepatchworth
It has nothing to do with "l...@sonepatchworth<br /><br />It has nothing to do with "libertarian morality." There are plenty of ways to make money, lots of it, without violating the non aggression principle. Second, just becasue one understands the type of society that will best raise overall living standards and make most feel comfortable, doesn't mean such people will be great entrepreneurs. Again, it is a Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-29698483101764702962015-12-01T11:18:03.541-05:002015-12-01T11:18:03.541-05:00Communication of libertarian ideas is a different ...Communication of libertarian ideas is a different skill set from that of a businessman. Also, it is extremely difficult to become a wealthy businessman and maintain public advocacy of libertarian principles. (See the Koch brothers). You just have too many assets to protect. Not that it can't be done but it is extremely difficult. It would take a very unique character and not just any Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-53868657086602144442015-12-01T11:17:53.664-05:002015-12-01T11:17:53.664-05:00@Capn Mike
Problem is these "natural" l...@Capn Mike<br /><br />Problem is these "natural" libertarians lack clear understanding of their own philosophical principles so get suckered into such traps as conservatism aka nationalism and cronyism. They want to vote for Trump because he can run government like a business, etc. etc.<br /><br />Proper libertarians need to have both the academic principles of freedom down cold so Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-25855834927911426342015-12-01T11:04:29.857-05:002015-12-01T11:04:29.857-05:00Unfortunately, all the 'natural' libertari...Unfortunately, all the 'natural' libertarians I know, who are successful business people are just to busy to learn 'academic' libertarianism. Like most of the good guys in 'shrugged'.<br />Capn Mikehttps://www.blogger.com/profile/08133441332228302495noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-81698401869441191752015-12-01T10:27:18.732-05:002015-12-01T10:27:18.732-05:00Phenomenal question, outstanding observation, and ...Phenomenal question, outstanding observation, and vitally important line of reasoning. I've had many similar thoughts. Shouldn't we be the undisputed masters of capitalism and wealth creation? Not just the smartest, but also the richest people in the room? Found our own business school that is world renowned and have multiple billionaires on our side since we alone actually understandAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-51558617111745079632015-12-01T08:17:51.176-05:002015-12-01T08:17:51.176-05:00How deeply tragic. What a waste of resources. Wh...How deeply tragic. What a waste of resources. What's the point of holding such a farce.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-29531006691236274332015-12-01T04:17:09.640-05:002015-12-01T04:17:09.640-05:00This doesn't have much to add with what you wr...This doesn't have much to add with what you wrote Robert, but it seems to me that the Libertarian Austrians need to try and do something Americans understand. <br />Make money. Lots of it.<br />When you got a $billion or 2, seems pretty easy to make your agenda known.<br />Trump would be laughed off the stage if he wasn't "worth" $7 billion or whatever he claims.<br />I'm Joshua Bennetthttps://www.blogger.com/profile/14314841330994831499noreply@blogger.com