[ExI] Does the Pope have Corvid-19?
danust2012 at gmail.com
Sat Feb 29 01:00:44 UTC 2020
On Feb 28, 2020, at 3:53 PM, spike jones via extropy-chat <extropy-chat at lists.extropy.org> wrote:
> From: extropy-chat <extropy-chat-bounces at lists.extropy.org> On Behalf Of Dan TheBookMan via extropy-chat
> >…The libertarian switch would be to not having government involved in money — not in mandating gold, Bitcoin, or whatever.
> >…I’m not sure one will ever have the optimal time to dismantle the current system — in other words, if there’ll ever be a time it’ll be painless. It’s kind of like abolishing slavery. It’s going to cause disruption, but that can’t be the go to argue against it.
> >…Also, discussing alternatives here should never be quashed with such concerns.
> >…Regards, Dan
> Dan I want to think we are seeing the end of Keynesian economic theory. I am more than ready to have Hayek taught in schools as the way.
Hayek is already taught in the schools. I wasn’t arguing from economic though. I was arguing purely from libertarianism: the state shouldn’t exist at all and certainly shouldn’t dictate which money and banking systems people use. (This isn’t a constitutional argument either. What’s correct here isn’t determined by what some dudes in 1789 decided in committee to write down and foist on the nation.)
Given that Keynesianism and its variants have survived many recessions and stagflation, I don’t see now as being the end. This is just like you expecting the pope dying would call into doubt the faith by Catholics. The deaths of all the popes so far haven’t. (Heck, the failure of Christian prophecy on the whole — no second coming yet — hasn’t made much of a dent in belief, has it?)
Sample my Kindle books at:
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