Richard Epstein

Interesting post from Libertarian News:

Rothbard vs. CATO’s Richard Epstein on the Benefits of Violent Looting

December 17, 2011

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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 Taxationby Murray Rothbard:

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I love this article by Paul Craig Roberts on the “true cost” of the Iraq war and think everyone should read it.

But there’s one sentence in this otherwise-outstanding piece to which I take exception.  Roberts writes: “The fascist Republican Federalist Society has put enough federal judges in the judiciary to rule that the president is above the law.”

This is nonsense.

First, let’s tackle the claim that the Federalist Society is “fascist” and “Republican.”

The Federalist Society was formed by law students who were frustrated by the left’s dominance at law schools.  They created the organization to provide a forum for alternative voices: namely, those of conservatives and libertarians.

Here’s how the Federalist Society functions.  There’s a national headquarters in Washington (a red flag, I’ll grant you), there are student chapters in almost every law school, and there are lawyers’ chapters in various cities.

The student and lawyers’ chapters generally do one thing: host lectures and debates.  These events feature speakers ranging all the way from people Roberts would probably call “fascist” to anarcho-capitalist libertarians such as Randy Barnett and Walter Block.   One frequent Federalist speaker is Roberts’s fellow columnist at Antiwar.com, Doug Bandow, whose lecture topics include the American Empire.

Who decides who will speak at these events?  Each chapter’s members.  If the members tend to be more conservative, they may bring in more conservative speakers.  If the members tend to be more libertarian, they may bring in more libertarian speakers.

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