Konkin on questions answered by Austrian Economics
An interesting bit from “The Last Whole Introduction To Agorism” by Samuel Edward Konkin III…
Austrian economics answered questions.Q: Why do we value and how?
A: It is inherent in everyone and it is subjective.
Q: Why do we give up anything at all ever?
A: Because we subjectively value A more than B while some Other values B more than A. We do not relinquish; we acquire a greater value.
Q: But why would anyone give up something that is universally (or as close as possible) subjectively valued for something of less value?
A: Because that one-thousandth unit of the seemingly more valuable is less subjectively valuable than the first unit of the seemingly lesser. Who would consider it folly to trade one’s hundredth loaf of bread for a first diamond? Utility is marginal.
Q: Why do we have money?
A: Facilitate trade, keep quantitative accounts, make change and store value.
Q: From where does money come?
A: It arises from commodities exchanged more and more as a middle or medium of exchange.Q: Can government improve on money?
A: No, it is strictly a market function.Q: What is the result of government intervention anywhere in the market?
A: Government is force, however legitimized and accepted; all force prevents subjective value satisfaction, that is, whatever human actors voluntarily give up and accept is, by their personal subjective (and unknowable to others) understanding, the best informed outcome to them. Any violence that deters their exchange is counter-productive to all the exchanges and to those whose exchanges depend on theirs – that is, violent intervention is a universal disutility in the market.Mises thus concludes that all coercion – and that includes government action – is not just anti-market but inhumane. Not bad for value free assumptions! Röpke (author of Humane Economy), Hayek, and even Mises felt that once private force or that of another state entered the marketplace, government counter-force was justified for rectification. Furthermore, none could conceive of any other way to deal with humane protection.
Link: http://agorism.info/docs/LastWholeIntroductiontoAgorism.pdf
Walmart Deli Blues
Sometimes, we like to make Reuben sandwiches. But, out here in the Tennessee hills, one knows that it’s going to be a compromise. Usually you can find good sauerkraut…genuine real deal rye bread is probably a fantasy. You know though that the real star is corned beef.
So today, I stood in line at the Walmart “deli” counter a good ten minutes waiting to put in an order for a pound of thinly sliced corned beef…I was imagining in my mind the bubbling Swiss cheese, the Russian dressing…and then my turn finally came and the lady behind the counter informed me, “We haven’t had any corned beef or pastrami, for that matter, in two months”.
I’m not a deli expert or purist by any sense but, I’m pretty sure that a deli without corned beef or pastrami is not a deli.
BitChute, a way to get outside of the Digital Oligarchy
YouTube is part of the digital oligarchy (Alphabet/Google, Facebook, Twitter) that enjoys autonomy over the majority of web content. In short, YouTube is a slimy company owned by a bigger slimy outfit.
I’ve reached the point where I really don’t like sharing YT videos because of their actions.
BitChute is an alternative for video content that looks nifty…
How did this idea come about?
Throughout 2015 and 2016 several prominent YouTubers reported a loss of video monetization when covering certain topics or for having particular opinions. YouTube claimed this was due to tighter enforcement of existing rules, even if true this will restrict the type of content that gets made and is a form of censorship.
Here we believe people should be able to express their opinions and choose their topics. If existing services cannot allow that, then let’s make some that will. The question is, how to disrupt a platform as well established as YouTube? It cannot be on their terms; we think we might have an answer, decentralization by torrents and tailored matchups for monetization. *More on the monetization to come soon.
Rather than needing massive data centers with humongous bandwidth costs, torrents depend on many people sharing videos from their home computers. While this has been possible for many years through bit torrent, bit torrent applications have steep learning curves; this site aims to make the torrent experience seamless by working entirely in the web browser.
I just signed up but, I haven’t figured out some stuff like, how to host a torrent. But, I can watch videos seemingly without flaw.
Here’s the link: https://www.bitchute.com/
Chico, Strings Attached
I’ve found myself going back to listen to various versions of Chico Hamilton’s bands quite a bit.
Always something interesting compositionally and/or aesthetically.
And, Chico always featured interesting sidemen. This gorgeous album is one of the earliest records with Eric Dolphy and, the seemingly forgotten Dennis Budimir.
Fugitives and old remedies
Jasper woke up stomach sick this morning. I said to Beka, “I need to go get some stuff”. As if reading my mind she says, “Jello and Sprite”. Yes, the time honored remedy. So, I headed down to Fred’s which, is a discount store…some of you if there are any of you may not be familiar.
Anyway, I got the stuff there at Fred’s and as I walked out in to the parking lot, I heard the Merle Haggard tune “I”m A Lonesome Fugitive” blaring from an SUV sound system. And I thought to myself, “How refreshing to hear that blaring from an SUV while walking across the parking lot on a beautiful, late Autumn, Sunday morning.”
As I got in my car I glanced over at said SUV and in the passenger seat there was a substantially bodied teen lad wearing a pair of Beats headphones just rocking the fuck out, pumping his head to some unknown death metal, gangster rap symphony….
I’ve always liked the Roy Buchanan first album version of “Fugitive”, not to offend any Hag purists, bur there is in a nutshell the definitive Buchanan country Tele tone and a subtle lyric change…a little different…
I’d like to take you with me but can’t afford the luxury
A fugitive must be a rollin’ stone
You’d only slow me down and they’d catch up with me
For he who travels fastest goes alone
That could be a Clint Eastwood movie right there in one stanza.
Thanks
“I would maintain that thanks are the highest form of thought; and that gratitude is happiness doubled by wonder.” – G.K. Chesterton
“Let us rise up and be thankful, for if we didn’t learn a lot today, at least we learned a little, and if we didn’t learn a little, at least we didn’t get sick, and if we got sick, at least we didn’t die; so, let us all be thankful.” – Buddha
“When I started counting my blessings, my whole life turned around.” – Willie Nelson
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