Interesting post from Libertarian News:
Rothbard vs. CATO’s Richard Epstein on the Benefits of Violent LootingDecember 17, 2011
Adam Liptak and Richard Epstein discuss the most efficient way to rob people.
After listening to Epstein run his ivory tower mouth, my fury over his nonsensical bullshit hath runneth over. A video reading of the following article can be found here for those of you that don’t have the patience to read long text articles.
Epstein admits that, “There is no coercive action by government which will have the same beneficent effects of voluntary transactions in competitive markets,” yet flushes his own statement down the toilet when he adds, ”but you can’t get competitive markets with respect to the provision of public goods and you can’t get competitive markets with respect to the operation of network industries.”
Epstein never bothers to explain why “public goods” are of such necessary importance that VIOLENCE against PEACEFUL PEOPLE should be advocated in order to pay for them.
Epstein lists off a few so-called libertarian economists that support the initiation of violence against the innocent to pay for public goods, including Locke and Hayek, but he never bothers to mention the rest of the libertarian economics field, the majority of which disagree with the legitimization of the initiation of violence.
Let’s start off with the parable of the robber by Rothbard to demonstrate why any violent theft can not lead to a more productive society. The following citations all come from the essay The Myth of Neutral Taxation, by Murray Rothbard: