praxeologist

Liberty, Institutions, Money, Free Speech and So To Speak! contributing to dezh.tech

Public Key

npub1a2hcm2k6w29lvgc5gwkf38u49u9dketm0wdczy8y56phq6un3ewqssdvza

NIP-05 Address

Profile Code

nprofile1qqsw4tud4td89zlkyv2y8tycn72j7zkmv4ahhxupzrj2dqmsdwfcuhqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dswlxl66

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub1a2hcm2k6w29lvgc5gwkf38u49u9dketm0wdczy8y56phq6un3ewqssdvza

Show more details

Last Notes

2025-10-26 19:19:33 UTC

We have 9+ examples of govts cutting spending in crises & not hitting recession. Canada (1995-97) didn't just avoid it—it outdid all the G7 in GDP, unemployment, deficits, inflation over the next decade.
Krugman calls them exceptions which were due to low interest rates and/or net export booms, but as it turns out those two so-called "exceptions" actually came from slashing spending! Bob also covers why Hoover’s 1932 tax hike (not cutting spending) tanked the economy.
Finally he goes through different scenarios to see if all these still hold, from today's floating exchange rate's system up until a 100% reserve #Bitcoin standard.
https://www.bobmurphyshow.com/episodes/ep-280-the-theory-and-history-needed-to-refute-keynesianism-and-mmt/
#grownostr #libertarianism #fiat #history

2025-08-08 10:13:00 UTC

#Mises explains:
"The abolition of slavery and serfdom is to be attributed neither to the teachings of theologians and moralists nor to weakness or generosity on the part of the masters…. Servile labor disappeared because it could not stand the competition of free labor; its unprofitability sealed its doom in the market economy."
The logic is simple, a slave-hunting business, can not operate in a free market since they're paying the price of coercion on top of other expenses. The price of war and guarding can only be paid by the #state. and doesn't that make sense now?
#grownostr #libertarianism #capitalism

2025-08-04 19:00:35 UTC

This is exactly what I've always believed about so called perfect competition, anti-trust and monopoly.
https://archive.ph/2lGhX

2025-07-13 20:35:18 UTC

#nevent1q…53hr

2025-07-13 20:24:08 UTC

#nevent1q…x50m

2025-07-13 10:22:20 UTC

Where is the most reliable platform to buy Bitcoin via P2P using USDT? #grownostr

2025-07-12 19:52:01 UTC

- reply

Source: The Ethics of Liberty, page 126

2025-07-12 19:42:55 UTC

In medieval Ireland, for example, a king was not the head of state but rather a crime-insurer: if someone committed a crime, the first thing that happened was that the king paid the "insurance" benefit to the victim, and then proceeded to force the criminal to pay the king in turn. Restitution to the victim’s insurance company was completely derived from the idea of restitution to the victim.
#grownostr #rothbard #libertariansim #ancap

2025-07-11 12:07:38 UTC

همچنین تصویر نادرستی وجود داره که آموزش و پرورش دستوری در ذهنمون کرده. و اون اینه که حفظ شدن زبان فارسی، یک مقاومت پایین به بالا بوده! مثل اینکه زبان فارسی در حال سیر قهقرایی بوده و به ناگاه یک افسانه‌سرای چیره‌دست جریان رو برعکس کرده!
اول باید این نکته ذکر بشه که حتی همین حفظ شدن زبان فارسی هم یک چیز نسبیه! مثلا الفبای ما کاملا عربیه و این دلیل خوبی داره که عربیه! چون الفبای پیشین بسیار سخت بوده و ما "سازگار" شدیم. از دلایل عدم وجود مکتوبات از دوران پیش از اسلام هم همین بوده.
از نظر من پشت این حفظ شدن نسبی زبان فارسی هم دلایل سیاسی وجود داشته. همونطور که در مورد مذهب غالب در ایران چنین الگویی وجود داشته. و همونطور که آتاتورک سه ماهه الفبای ترکی رو تغییر داد.
چنان که من خوندم، تاریخ هم پشت این روایته، ولی حتی اگر تاریخ رو در نظر نگیریم کافیه این سوال رو از خودتون پرسین:
آیا در جامعه‌ی عموما دهقانی ایران برای کسی مهم بوده که زبان چیست یا مذهب چیست که حالا روی دیوار غار بن مضارع و ماضی صرف کنند و ریشه‌گیری کنند تا واژه‌ های جدید ساخته شه؟ و آیا در جامعه‌ی امروز با وجود این همه امکانات ارتباطی، هر کس چقدر میتونه روی چیز ها تاثیر بذاره که یک شاعر در قرن ۴ زبانی مرده رو زنده کنه؟

2025-07-11 11:44:13 UTC

دوگانه‌ی انتقال بهینه در زمان/انتقال بهینه در مکان، که در پول داشتیم، در زبان هم وجود داره. زبان هم به عنوان یک سیستم پیچیده‌ی سازگار با ترجیحات گویشوران سازگاری پیدا میکنه.
خلاصه اگر زبان رو ابزار انتقال معنا در نظر بگیریم، به سمتی مایل میشه که جریان انتقال معنا در اون بیشتره. و من هم فکر میکنم در حال حاظر به هر دلیل، جریان انتقال معنا از مکان به مکانه، و نه از زمان به زمان! همچنین دلیلی دال بر این نمیبینم که در آینده این جریان بیشتر نشه.
من کاملا به کسی که به "کانال تلگرام" میگه "دهلیز تلگرام" احترام میذارم و مادامی که با زور تفنگ نخواد کسی رو به سمتی هل بده مشکلی هم ندارم. چه بسا که این سبب تغییرات جزئی هم بشه. اما در نهایت فکر میکنم اگر کسی دغدغه‌ی زبان داره بهتره که جریان انتقال معنا از گذشته رو بیشتر کنه.
#nevent1q…s99n
#فارسی

2025-07-11 11:18:43 UTC

Language Is a Complex Adaptive System
https://www.unm.edu/~jbybee/downloads/BecknerEtAl2009ComplexAdaptiveSystem.pdf

2025-07-07 18:52:19 UTC

Has anyone read this? Is it just a shitcoin thing or there's a vision behind it?
https://thenetworkstate.com/
#grownostr

2025-07-04 09:31:07 UTC

As some of you may know, there was a war couple of days earlier. First I had to run out of the town, and then move cuz my house was technically in a war zone. let alone the internet blackout.
There's a lot I wanted to talk about, but for now, let's just say MASSES ARE ASSES.
https://npub1a2hcm2k6w29lvgc5gwkf38u49u9dketm0wdczy8y56phq6un3ewqssdvza.blossom.band/1c29616f88d2cb85f62a0c5dabcaf46d8a5e5368f71f262e61d0fde6ee37796f.jpg

2025-06-12 18:47:33 UTC

- reply

So basically, it refers to the idea that raising your voice (through votes, protests, etc.) isn't likely to lead to major change within the system. The only way to actually change things is to 'vote with your feet' (i.e., leave the system). Leaving fiat currency and entering the Bitcoin system is such an example. Patchwork is another example:
https://www.goodreads.com/book/show/34526491-patchwork

2025-06-12 18:39:05 UTC

- reply

"if a separate version of the note is saved to the relay", not necessarily!
https://en.wikipedia.org/wiki/Broadcast_encryption

2025-06-12 15:51:16 UTC

What about building Substack on top of #Nostr? And like, use zaps for subscriptions? Imagine encrypting posts on relays and then only subscribers can decrypt them with their signatures.
I think it's possible cryptographically. Has there been any effort?
#asknostr

2025-06-12 14:05:03 UTC

https://www.youtube.com/watch?v=tQB_ib-KQXA

2025-06-11 17:16:36 UTC

Exit > Voice
#grownostr

2025-06-10 13:59:27 UTC

I think it's fair to say that I just watched the most brilliant YouTube video!
Curtis Yarvin and Robin Hanson (with David Friedman there too) discuss two of the sharpest ideas about how a government should be run.
https://www.youtube.com/watch?v=yIkrfdSQk4w

2025-06-08 18:23:04 UTC

What’s the best lightweight AI model I can self-host for basic text generation like email writing or grammar correction? #asknostr

2025-06-07 20:04:03 UTC

- reply

betonit.ai

2025-06-07 19:35:29 UTC

The only viable #libertarian revolution will be a bottom-up, market-driven one. one that's driven by individuals economic incentives.
The beauty is that States recognize the coming catastrophe and kneel to #bitcoin for their survival!
#nevent1q…ke23
#nevent1q…kslu
#grownostr

2025-06-07 19:23:42 UTC

States are driven by incentives like any entity. their primary incentives are CRIME and SURVIVAL.
Without a survival threat, they commit crime as deep as they can.
Only deep catastrophe triggers economic reforms (seen globally in 20th/21st century market reforms). After all, why grant freedom when things are "passing"?
Reforms aren't about liberty, but the political class's recognition of crisis and act of survival.
#grownostr #libertariansim

2025-06-07 19:16:02 UTC

The core flaw of #libertarianism isn't its vision, but how it tries to get there.
A "top-down" political strategy–voting–is ill-suited. Libertarianism truly hinges on self-regulation, NOT MERELY LESS GOVERNMENT.
Without mature private entities to step in, non-interventionism in foreign policy in a world that Putin and Bin Laden live is not an ideal.
That's why a libertarian shouldn't engage in favor of any politician.
#grownostr

2025-06-02 21:08:06 UTC

- reply

Thanks it helps a lot! I was developing an open source blossom server and I was conducting research on CSAM filtering. that's why I asked you guys for help.
btw here's the what I've done so far:
https://github.com/dezh-tech/nos3/

2025-06-02 17:52:18 UTC

- reply

Thank you for the information. I have a few follow-up questions regarding the AI model you mentioned.
Was the model developed in-house, or is it based on existing models?
If it is based on existing models, could you specify which ones were used?
Can you provide more details on the training process and the data used to train the model?
I appreciate your help in understanding this better!

2025-06-02 15:39:24 UTC

@npub137c…k37w
@npub1nxy…avr7
hey guys I appreciate what you're doing at nostr.build . I would appreciate it even more if you could explain your method for handling CSAM filtering.

2025-05-27 15:52:10 UTC

- reply

Do you still believe in blockchains?

2025-05-23 16:21:07 UTC

- reply

What do you suggest after Chaos theory? I've read Liberty Ethics but not For A New Liberty, etc.

2025-05-12 19:28:29 UTC

#nevent1q…kg42

2025-05-06 15:51:06 UTC

- reply

Yea I meant the folks who believe "I should be able to keep my nuclear bomb as long as I haven't dropped, even with a not so great criminal record" So to speak.

2025-05-06 15:44:09 UTC

No, I don’t binge four seasons of a dumb show during exam nights...
I come here and scroll the hell out of nostr O_O

2025-05-06 15:37:14 UTC

Contrary to what many libertarians believe, there is such a thing as "regulation" in an Ancap society—it's just way more efficient and market-driven than government regulation.
It’s not like anyone can just keep a nuclear bomb in their mom's basement. because no insurance company would cover that! On the other hand, some weapons are only used for defense, so insurance companies would charge much lower premiums for people owning those.
#grownostr #Ancap

2025-05-06 09:18:59 UTC

Last week I read "Chaos Theory" by Bob Murphy, which has two essays: "Private Law" and "Private Defense." The first one is super convincing—like, it could even turn a fair-minded commie into an Ancap!
The second essay is good but not as strong; I think it struggles with the Free Riding problem. It would’ve been more compelling if Bob had framed it like, "Imagine there are ten thousand Liechtensteins in Europe," and then brought in private armies and insurance companies to avoid geographical free riding. Still, I definitely recommend reading it. Check it out here:
https://cdn.mises.org/Chaos%20Theory_2.pdf
#grownostr #ancap #libertarianism

2025-03-20 15:14:41 UTC

When people say #anarchy has never existed in human history, they often define it poorly. Anarchy is not a political system, a society, or a geographical entity—it’s a #protocol by which human beings interact without unjustified force. You should look for it everywhere, and you’ll easily find it!
Just consider how music has evolved, how foods and recipes have been created, how mathematics has advanced through individual contributions, or even the history of #Bitcoin 's whitepaper. These are all examples of anarchy—voluntary, self-regulated, and decentralized coordination. Anarchy has existed in nearly everything we enjoy!
#grownostr

2025-03-20 09:23:16 UTC

Happy Nowruz! Happy new Iranian year! Someone told me this year's animal is snake. so let it be a good sign for people under oppression...
https://upload.wikimedia.org/wikipedia/commons/thumb/d/d8/Gadsden_flag.svg/500px-Gadsden_flag.svg.png
@nprofile…m5fp
@nprofile…9w9j
@nprofile…2x45
@nprofile…uc7p
@nprofile…9m63
@nprofile…s63m
@npub1yn3…48n2
@nprofile…4qz9
@nprofile…e0m6
@nprofile…zca6
@npub13aa…z3fg
@npub18c5…0we7
@nprofile…2f5e
@nprofile…pu4k
And everyone else!
#grownostr#iran

2025-03-04 20:01:53 UTC

I'm thrilled to announce that I've made my first open-source contribution to the Nostr ecosystem! Huge thanks to @npub1htd…92zz and especially @npub1h49…9kay and @npub13aa…z3fg , for their incredible support, guidance, and the generous 50k zap reward. I’ve learned so much along the way! Exciting news—Immortal Relay will be supporting NIP-50 (search) in the upcoming version! check out Immortal here: https://github.com/dezh-tech/immortal/

2025-02-10 17:52:13 UTC

just curious has anyone built a seedsigner that requires your finger print in order to sign something? #asknostr #bitcoin

2025-01-19 16:31:48 UTC

Just in case you didn't know "... By the time Ulbricht graduated, he had become interested in #libertarian economic theory and adhered to the political philosophy of Ludwig von #Mises."
https://freeross.org/wp-content/uploads/2023/04/Meet-Ross-Ulbricht-portrait.webp
"Society cannot contribute anything to the breeding and growing of ingenious men. A creative genius cannot be trained; there are no schools for creativeness.
A genius is precisely a person who defies all schools and rules, deviates from the traditional roads of routine, and opens up new paths through land inaccessible before. A genius is always a teacher, never a pupil—always self-made.
He does not owe anything to the favor of those in power. However, the government can create conditions that paralyze the efforts of a creative spirit and prevent him from rendering useful services to the community."
- Ludwig von Mises
#grownostr #freeross #libertarianism #Bitcoin

2025-01-16 20:23:33 UTC

The core of Mises's Bureaucracy is this: the more power state bureaucracies hold, the less democratic the system becomes. Why? Because political bodies (like Congress) delegate decisions to external commissions. These commissions aren't elected by the people but by other bureaucrats, making them unaccountable to public welfare. This fosters irresponsibility and shifts toward totalitarianism—just as it did in Weimar Germany before Hitler’s rise.
Published in 1944 amid widespread socialist sentiment, Mises added a 1962 intro noting socialism’s decline in favor of interventionism. U.S. bureaucracy had grown but remained less pervasive than elsewhere, preserving liberalism. He argued trends change and America’s choices would influence the world—a prediction proven true in later decades.
#grownostr #mises #democracy #liberalism #bureaucracy #state #america

2025-01-14 15:55:19 UTC

Read the below argument of the great Murray in The Ethics of Liberty and tell me isn't he undoubtedly talking about Hoppe?
- It might be thought that the libertarian, the person committed to the "natural system of liberty" (in Adam Smith's phrase), almost by definition holds the goal of liberty as his highest political end. But this is often not true; for many libertarians, the desire for self-expression, or for bearing witness to the truth of the excellence of liberty, frequently takes precedence over the goal of the triumph of liberty in the real world. Yet surely, as will be seen further below, the victory of liberty will never come to pass unless the goal of victory in the real world takes precedence over more esthetic and passive considerations.
https://i.ibb.co/SX0mLkt/murray-rothbard-and-hans-hoppe.webp
#grownostr #rothbard #libertarianism #hoppe #anarchocapitalism #philosophy

2025-01-14 07:30:04 UTC

Useful statistics showing the Government expenditure on education, total (% of government expenditure)
https://data.worldbank.org/indicator/SE.XPD.TOTL.GB.ZS?view=map&year=2020
#grownostr

2025-01-13 18:29:46 UTC

According to the IQAir website, which examines the air quality in cities around the world, Tehran's air is four times more polluted than the burning Los Angeles at 4:30 am on Monday, January 11.
Earlier, the Minister of Health stated that "Iran loses about 50,000 people annually due to air pollution!" Just for the sake of comparison, according to HAMAS, Israel has killed 47000 Palestinians since October 7!
https://image.nostr.build/df4227047eda7efc15c79857a23eabc15facd43dd9d874fa6b715f02834176f6.jpg
We're having a long-running Chernobyl and they're not even denying it as the Soviet did!!!
Climate normies should just fuck off and take a look at us. That's what happens when the state takes control of everything.
https://image.nostr.build/0f218665b9217f42ba49e973b3f1ee50d78c26db120e615767181504a5746ed7.jpg

2025-01-12 22:44:57 UTC

- reply

Here's Saif's tweet:
https://x.com/saifedean/status/1877717156420341885?mx=2

2025-01-12 22:24:56 UTC

This entire battle between Hoppean Ancaps and Milei is indeed fun to follow. The argument "If Milei had defaulted on the debt, he wouldn't last a single month" is probably valid. On the other hand, if he fails to deliver on his promises — which he hasn't so far, and Hoppeans are right to point that out — it wouldn't end well for libertarianism.
https://image.nostr.build/00d06ba91943b25290a0fe701a7fcf7121dec93e57b861ad22867df0faaf32a4.jpg
#grownostr #liberty #debt #fiatstandard #argentina #milei #libertarianism

2025-01-12 12:31:56 UTC

LMAO
for those who can't read Farsi, Our former king was just a little bit anti-commies. He used to let the bears rape commies :)))
https://i.ibb.co/LrBVT0F/5834669508218962789.jpg
#grownostr #iran #history

2025-01-12 12:11:43 UTC

- reply

بسته‌دست و خسته‌پای و سر‌به‌زیر/ گرچه دیر آمدم اما بپذیر :)

2025-01-12 08:30:58 UTC

https://cdn.mises.org/The%20Ethics%20of%20Liberty%2020191108.pdf
Page 239 of the above link and Rothbard's crushing decisive blows to Mises's Utilitarianism! It's from The Ethics of Liberty.

2025-01-05 20:49:51 UTC

- reply

Can't read German. What's this?

2025-01-04 08:22:31 UTC

https://eastasiaforum.org/wp-content/uploads/2019/10/2019-09-16T005344Z_1943974789_MT1AFL112187790_RTRMADP_3_SPORT-1024x682-c-default.webp
Japan was the first major global power to develop a comprehensive social security system, expanding its principles and achieving remarkable success.
The country became a global leader in life expectancy and was also at the forefront of education. By the mid-1970s, about 90% of its population had completed high school—a stark contrast to the UK, where the figure was only 32%. In terms of social equality, Japan outpaced all Western nations except Sweden. It also managed the largest pension fund in the world, allowing its retirees to enjoy generous benefits and a steady income throughout long years of retirement. Notably, Japan accomplished this while allocating just 9% of its national income to social insurance in 1975, compared to Sweden’s 31%. In the UK, the burden of taxes and social security was roughly half that amount. Japan had successfully made welfare accessible to all, all while its economy grew rapidly enough to become the second-largest globally by 1968. A year earlier, Herman Kahn had predicted that by 2000, Japan’s per capita income would surpass that of the United States. Indeed, Yakagawa Natsuhiro stated that when accounting for additional benefits, "the real income of a Japanese worker is now at least three times that of an American worker."
The extraordinary success of Japan’s social security system was so profound that by the 1970s, the Japanese enjoyed the highest life expectancy in the world. However, this longevity, coupled with a declining birthrate, resulted in the world’s oldest population, with 21% of its citizens aged 65 or older. According to international economic research by Nakame, by 2044, the elderly population is projected to equal the working population. Consequently, Japan is now facing a deep structural crisis in its social security system, which was not designed to handle such demographic challenges. Despite raising the retirement age, the government has yet to resolve the issues within the public pension system. The situation has been exacerbated by many self-employed individuals and students being unable to afford their social security contributions. Furthermore, the universal health insurance program has been running a budget deficit since the 1990s. Today, Japan’s social security budget consumes three-quarters of its tax revenue, and its national debt has surpassed one quadrillion yen, or approximately 170% of its gross domestic product.
Note: The statistics cited are from 2008, making them 17 years old.
Source: The Ascent of Money: A Financial History of the World
#grownostr #japan #welfarestate

2025-01-03 15:12:42 UTC

- reply

آیا متن باز است؟

2025-01-02 15:46:46 UTC

- reply

hehe good one to start the day!

2024-11-29 19:55:06 UTC

https://image.nostr.build/4b5ab51347f9bca9acf77c05dd13e4bd164eb68516d9d125725f10336401db07.jpg
I’ve never been deeply drawn to mythology, but I’ve noticed the recurring theme of scarcity. In myths and ancient beliefs, there’s always a limited number of divine beings or supernatural forces shaping existence. From the singular, all-powerful gods of monotheistic traditions to the pantheons of ancient Greece or Norse mythology, these figures are always finite.
This scarcity is what made myths so captivating. Imagine if there were thousands of Zeuses or Thors—what would happen to the sense of wonder? The uniqueness would fade, and with it, the awe that draws people to these stories.
For the first time in human history, though, we have something in the material world that’s provably scarce—and yet, some people still fail to appreciate its beauty!
#grownostr #bitcoin #scarcity

2024-11-26 20:50:08 UTC

So, when people like Hoppe or Curtis Yarvin discuss abolishing democracy and replacing it with monarchies, what’s their proposed method? Do they envision something like a majority vote in a town to sell all the land to a corporation, or how would it work? any articles or sources on that?
#asknostr #grownostr #monarchism #anarchism #anarchocapitalism #libertarianism

2024-11-23 19:18:47 UTC

Antitrust advocates argue that monopolistic practices by big companies lead to unfair competition, discouraging investment in other businesses. But here's the reality: dominant companies usually rise to the top because they outperform their competitors.
While antitrust measures might give smaller players a temporary boost, the market naturally gravitates toward those offering the best value. This is especially true in tech, an evolving industry where the market structure often supports one or two leaders. Things may change in the future, but for now, that’s how it works.
History backs this up. Time and again, we’ve seen new entrepreneurs with zero market share dethrone dominant players through innovation. But in the past 40 years, there hasn’t been a single U.S. antitrust case where government intervention caused smaller players to overtake the leader. That’s capitalism: small players stay small unless they deliver something truly exceptional!

2024-11-13 14:51:16 UTC

- reply

Absolutely loving the vibe! So much talent. keep the hits coming!

2024-11-13 14:33:58 UTC

- reply

Reminded me of the meme I shared
nevent1qvzqqqqqqypzp6403k4d5u5t7c33gsavnz0e2tc2mdjhk7umsygwff5rwp4e8rjuqyt8wumn8ghj7mn0wd68yetvd96x2uewdaexwtcpzemhxue69uhhwmm59ehx7um5wgh8qctjw3uj7qpqwf2y5hvrhx50qv0zdemw6gw7uacsyujxm5ymy6tlmur0jnplvq9qvc60hx

2024-11-04 20:14:50 UTC

AFUERA!
https://image.nostr.build/ca36ed1b9ef42660721dbe5c38217c32dd29fce83ea1b56c4c262a79b3ada7af.png
#grownostr #memestr #meme #memes #milei #liberty #libertarianism

2024-10-18 10:04:50 UTC

Hans-Hermann Hoppe distinguishes between two scenarios: one where migrant A moves to the destination country with an invitation from person B, and another where migrant A migrates without an invitation. He believes that the first scenario is exactly like free trade, where for every good entering a state's protected territory, there's an accepting party. Therefore, any restriction by the state is unethical. However, in the second scenario, since no one has accepted the migrant, there is forced integration, as A is using public goods that are collectively owned by all residents.
The contradiction I don’t understand is that simply having an invitation from person B doesn’t turn migrant A into B’s property! Apart from the working hours set by B, A is essentially like any other migrant who has just crossed the border without any invitation from any resident.
Does the mere fact that one person (B) is okay with A’s presence during non-working hours—just because A might (we don’t know if A will uphold their promise to B, and under libertarian legal theory, failing to fulfill promises is legal as long as it doesn't harm private property)—mean that forced integration doesn’t occur? If that's the case, then if even one American is okay with Mexicans entering the country because they might benefit from their services in the future, wouldn't closing the U.S. border be forced exclusion rather than forced integration?
#grownostr #libertarianism #freeimmigratiton #anarchocapitalism #anarchocapitalism #openborders #freetrade #hoppe #freesociety

2024-10-15 10:34:30 UTC

https://image.nostr.build/49c7eb35ec477955e3d5af61644c9cd747272e3e40b06a0c680e04a02c10a368.jpg
In the 1960s, a bright idea emerged: "Communism spreads because of poverty!" The thinking went that agricultural societies would remain stuck in poverty until they industrialized. So, America's grand strategy to combat communism? Poverty eradication through industrializing the world's farmers.
To achieve this, they pushed land reform programs and modernized agriculture. The mastermind behind it all? Walter Rostow, a famed economist with a book called The Stages of Economic Growth. The U.S. even pressured its allies, like Iran, into land reforms, thinking this would do the trick.
But this whole plan was a classic misreading of institutional economics. They believed that by breaking up landowner control and pushing through land reforms, they'd magically create a modern, industrial economy.
And the cherry on top? The most extreme version of this mindset was exporting democracy—something we've painfully witnessed over the last two decades. Under the guise of "institution-building," the U.S. left a trail of disastrous results in its wake.
Now, let's talk about Iran’s land reforms. Taking lands from the landowners was a massive blunder. First, it was an outright invasion of private property. Second, it made the landowners powerful enemies of the Shah. And third, the farmers, unable to manage their newfound land, flocked to the big cities over the following years. They eventually became a driving force behind the Islamic Revolution of 1978!
#grownostr #history #libertarianism #Iran #privateproperty #revolution #economics #state #institutionaleconomics #institutions #democracy

2024-10-13 14:43:25 UTC

I'm struggling with a theoretical flaw in Rothbard's theory of punishment, particularly his idea of double restitution. He states:
'The criminal should not only have to return the $15,000 but also be forced to pay the victim another $15,000, so that he loses the rights to the amount he took.'
I'm fine with the 'double' aspect, but why must it be based on the market value? Isn't value subjective in the Austrian perspective? What if my property is subjectively worth more than $15,000 to me? Wouldn't it make more sense to let independent, voluntarily chosen courts determine the real value?
If you're wondering how courts would assess this, that's their responsibility—just like how restaurants figure out how to make a better pizza than their competition. And if you're skeptical about whether such a tool could exist, remember that 500 years ago, we had no tool to record the past, but today we have cameras!
#asknostr #grownostr #rothbard #austrianeconomics #law #libertarianism #anarchocapitalism

2024-10-09 17:26:33 UTC

- reply

Agreed af!

2024-09-23 15:54:41 UTC

While it's true that voting in elections supports fiat states, as libertarians who advocate for open borders, it's important to clear something up: Democrats and leftists aren't more pro-open borders than Republicans. What they really push for is more immigration to expand the welfare state, mess things up, and secure more votes. In contrast, Republicans are far more honest on this issue.
#grownostr #fuckfiat #libertarianism #politics #election

2024-09-22 06:43:13 UTC

Action always involves both taking and renunciation, because there are always at least 2 things that a man can't have at the same time.
#LearnPraxeology #Praxeology #grownostr #AustrianEconomics #HumanAction

2024-09-21 12:06:24 UTC

- reply

Agreed, the process of transferring from your bank account seems complicated though.

2024-09-21 11:58:33 UTC

- reply

Why not?

2024-09-21 11:18:03 UTC

- reply

And please #repost it.

2024-09-21 11:11:46 UTC

In the country I live in, where the economy is in shambles, an average family spends around $300 a month to live (after subtracting debts, taxes, insurance, etc. from their income). The annual inflation rate is about 50%, and it's getting worse over time. #Bitcoin #Adoption seems like a reasonable solution, especially with the #Lightning Network enabling payments of $300 a month. But what's holding it back?
I used to think it was all about volatility, but then I asked myself—volatility for just $300? Sure, it's a significant amount for us, but we're talking about #Bitcoin here. I'm also aware of adoption cases in #Cuba and #Africa, where even there, Bitcoin users remain a minority.
In the spirit of documenting the situation, I’m listing some reasons below and I #AskNostr for more insights, reasons, and solutions:
1) It’s hard to explain to everyday people why Bitcoin is economically superior in their current conditions. It’s even more puzzling when you realize many are trading shitcoins on exchanges!
2) People are accustomed to traditional trust systems with #government institutions. They still trust failing banks to hold their money, and I’m sure they’ll trust CBDCs (which are gradually emerging). Some even trust online exchanges but hesitate when it comes to holding their private keys. It's voluntary #slavery in a way.
3) People in countries like mine have a very high time preference. Deep down, they’ve accepted they can’t change the future, so they don’t even bother trying. I hear things like, 'Someday it’ll be fixed,' or 'Just believe in karma.' This mindset is so entrenched that, despite everything going downhill year after year, they don’t think long-term. They stay trapped in short-term pleasure cycles.
4) We've experienced one of the longest periods of chronic inflation in the world, but we haven’t hit #hyperinflation yet (though I believe we're on the verge). The issue is, people can't imagine hyperinflation. They're not scared enough—or they just don’t want to be.
I’m sure there are other factors, I welcome your thoughts, advice, and shared experiences, especially from places like #Cuba, #Venezuela, #Nigeria, and other countries facing similar struggles.
#BitcoinAdoption #GrowNostr #Fiat #FiatStandard

2024-09-20 17:44:13 UTC

In a #libertarian world, there would be no crime against an ill-defined ‘society’, and therefore no such person as a ‘district attorney’ who decides on a charge and then presses those charges against an alleged criminal. Someone who intentionally violates another person’s property rights through theft or violence forfeits his own property rights “to the extent that he deprives another of his rights.” These rights are forfeited to victims because the victims have had their property rights violated.
Is there a theoretical flaw in Rothbard’s theory of proportionality? For instance, if you steal my car and refuse to compensate me, shouldn't you be forced to surrender your income until the debt is fully paid? Some might argue this sounds like slavery, but the 13th Amendment allows for involuntary servitude as a punishment for crime. So why doesn’t the current system operate this way? Is it because such an approach is difficult to enforce in practice, or is it a matter of humanity and ethics? What’s the real reason?
#Grownostr #AskNostr #Rothbard #Libertarianism #Law #PropertyRights

2024-09-20 17:03:01 UTC

- reply

Wow, this is next-level galaxy brain stuff. Rich people losing trust in the #Fed? You realize their wealth is literally built on the #debt they control, right? Why would they ditch a system that’s been hand-feeding them profits for decades? The real power lies in the fact that their money is backed by our tax dollars. Fiat's not backed by anything? Sure—for us taxpayers.
And seriously, hyperbitcoinization led by central banks FOMO-ing into BTC? That’s rich. If it happens, it's gonna come from the ground up, not from the 1% trying to cling to their yachts. Bitcoin’s not here to save them—it’s here to be our weapon, for regular people. So if you're waiting for billionaires to come to the rescue, you’re gonna be waiting a long time.
Oh, and by the way, hyperbitcoinization won’t happen overnight. There’s no apocalypse coming. It’ll happen slowly and gradually—just like every other positive shift in history. #DCA, #HODL, and grow up already.

2024-09-19 18:45:09 UTC

- reply

Partially agreed, but it's hard to grasp the concept of not having an army and relying on China's defense. #Secession might seem appealing, but who would protect you from potential threats like Russian invasions? And what would Taiwan do without U.S. military support?

2024-09-19 16:12:57 UTC

- reply

With you on bailouts and shit. Though, isn't the emergence of governments and their monopoly on violence over territories a clear example of market failure in providing private defense?

2024-09-19 08:41:15 UTC

Big data won't make central planning feasible. Central planning's challenge was predicting the future since knowledge emerges from individual actions. Claiming Big Data can eliminate the need for individual actions is exactly claiming “I can build a time machine and travel to any point in a constant range of time.” Now think about:
1) your delusions of grandeur
2) the world at that time
3) the consequences of such a claim.
#grownostr #Freedom #AustrianEconomics #Bitcoin #Nostr #BigData #AI #CentralPlanning #FutureForecasting #DataScience #TechMyths #EconomicTheory #TimeMachine #Innovation #PredictiveAnalytics #TechDebate

2024-09-18 17:59:28 UTC

- reply

what do you mean by AI stuff?

2024-09-18 15:28:02 UTC

- reply

I was never interested in having a social media account, this one seems different

2024-09-18 14:36:51 UTC

So, this is the first post probably ever written by me in social. don't trust, verify it! #grownostr #nostr