Monthly Archives: May 2011

Sean Gabb back from Bodrum

I got home this morning from the Property and Freedom Society conference in Bodrum. It was interesting and enjoyable. I will make the video records available just as soon as I can cook them and upload them.

Richard Blake – Another Novel in Slovak!

Rok 610 po Kr. Krvilačný cisár Fokas sa pripravuje na najväčšiu bitku svojho života. Nepriateľské vojská sa chystajú  zaútočiť na jeho pevnosť, zlaté mesto Konštantínopol, a zradcovia za jeho múrmi kujú pikle, ako ho zvrhnúť. Fokas v snahe udržať sa pri moci spustí kampaň teroru, no pomaly prichádza o peniaze, spojencov a kráti sa mu aj čas… zostalo mu však ešte jedno eso v rukáve. Aelrica, naivného a ambiciózneho mladého úradníka z Británie, pošlú do Konštantínopolu, aby tam naoko kopíroval pre rímsku cirkev staré texty. Po svojom príchode zistí, že za honosnými ulicami a veľkolepými palácmi striehnu strašné nebezpečenstvá. Ako pešiak v tajnom sprisahaní, ktoré má zmeniť chod dejín, môže sa spoľahnúť jedine na svoj dôvtip, šarm a bojové umenie, keď chce zostať nažive.


  • Počet strán: 408 strán
  • Väzba: pevná väzba
  • Rozmer: 125×207 mm
  • Jazyk: slovenský jazyk
  • ISBN: 9788055602776
  • Predbežný dátum vydania: 30.6.2011
  • Naše katalógové číslo: 102741

Tactical Notes 032, How Radical Is Too Radical? Anarchism as a Practical Guide to Advancing Liberty (2011), Isaac M. Morehouse and Christopher J. Nelson

Libertarians want less government. Yet many libertarians think it is fruitless to dwell for any length of time on just how limited the state should be. Even more libertarians dismiss the idea of anarchism – the ultimate limit on government – out of hand. Not only does anarchism deserve a fair hearing on theoretical, practical, and moral grounds, but it deserves to be a serious part of strategic discussions if liberty is to be advanced at all. Libertarians can disagree with statelessness as the best or logical direction of a free society, but they cannot afford to ignore it. Right or wrong, the radical idea of anarchism is an incredibly valuable tool for advancing liberty and should not be dismissed.

via Tactical Notes 032, How Radical Is Too Radical? Anarchism as a Practical Guide to Advancing Liberty (2011), Isaac M. Morehouse and Christopher J. Nelson.

Bitcoin Again

Howard R. Gray

Bitcoin will have one potent chance to insert itself into the economy as savior, no more so when the US dollar reaches the Weimar moment which is very likely to be soon. Is Bitcoin real enough to do that?

What is the point of a fiduciary currency when there is no faith left? Bitcoin, or one of its competitors or co operators, may well create a way to survive a valueless currency when the moment arrives. Legal tender laws could be amended to accommodate novel currencies and money, which may well be the only way a government, can survive a currency melt down without a political meltdown. I suspect we are about to find out soon how all this will work.

Merely switching one dud currency for another won’t go down well, there will be a need for money backed by value, bitcoin is one entity that might not pass muster on this one but an amalgam of bit-money and bitcoins could make it to the table instead. If there is a unique way to print out cash with an encrypted graphic similar to a bar code then there may be ways to transfer cash outside of the net in the open market in real as well as cyber space. Is any of this possible, you tell me?

Cyber-ducats, Barter-Bits, Info-Franks or whatever the money may become, the result will be the first stages of removing state monopoly from value exchange. Liberating interest rates and exchange rates from the power of the banking classes would be a huge advance in liberty. Government would have to operate on value of the services it provides rather than the favours it bestows on those it corrupts to support it. Yes they can bust in and arrest the miscreants who use cyber money, which will only work so long as they can pay the black flack suit guys and gals, not so easy when you are playing the Zimbabwe gambit.

Hayek and his view of private money has laid the foundation of why private or non state money is a good thing. The technology of doing it may just be about to emerge. Now let us imagine how to run a deficit spending Keynesian economy should any of this happen. Hmmmmmm…..

Evolve, if you will, to a world where there are free market interest and exchange rates, how would that work out? Imagine a wee bit further where there is private money and public or government currency in a situation where the arbitrage between the two might just create a stable monetary system to replace the Breton Woods model. Amended legal tender laws to accept viable money in competition with state currencies would add a deep dimension to the international currency exchange trade. Which way would Gresham’s law operate here?

Honestification of currencies to ensure that they become more like money would be a real advance. No more coin clipping, printing press or computer key currency fraud, wouldn’t that be nice?

The SWATistas in the black outfits might be better off if they stay home when this one goes down. An emergent natural monetary order might permit very rapid recovery from a transnational fiscal meltdown. Entitlements will be gone, government grants will be gone, overseas aid will be gone, Keynesian economics would be gone, no IMF or UN and so on and so forth. Then what? Perhaps Mr. “Spooky dude” Soros just might put his feet up and retire.

None of this is vaguely viable but one can dream!

Kevin Carson in Forbes Magazine


As Kevin Carson has noted in the past, the IMF’s “actual purpose was to subsidize the disposal of surplus American goods and capital in foreign markets. The World Bank and IMF were created as an adjunct of William Appleman Williams’ “Open Door Imperialism,” a safety valve for the chronic overproduction and overaccumulation under state capitalism.”

Should We Abolish the IMF? – E.D. Kain – American Times – Forbes

FLC208, A Common Sense, and Therefore a Libertarian, View of Super Injunctions, Sean Gabb, 234rd May 2011

Though everyone else has been discussing the matter for weeks, I feel obliged, as Director of the Libertarian Alliance, to make some comment, however brief, on the universal injunctions that the English courts have recently taken to granting. Since the Libertarian Alliance is a corporate body, I am obliged to respect court orders. I will, therefore, not name the prominent footballer who is at the centre of the current scandal. But I am allowed to give my opinion of the nature of these orders.

via FLC208, A Commn Sense, and Therefore a Libertarian, View of Super Injunctions, Sean Gabb, 234rd May 2011.

Legal Notes 52, Transnational Law: An Essay in Definition with a Polemic Addendum (2011), by Allen Porter Mendenhall

Transnational Law: An Essay in Definition with a Polemic Addendum Allen Porter Mendenhall Legal Notes No. 52 ISBN 978185637633 ISSN 0267-7083 (print) ISSN 2042-258X (online) An occasional publication of the Libertarian Alliance, Suite 35, 2 Lansdowne Row, Mayfair, London W1J 6HL.

via Legal Notes 52, Transnational Law: An Essay in Definition with a Polemic Addendum (2011), by Allen Porter Mendenhall.