SYMMETRY WARRANTY EXTERNALITY Bring libertarian ethics out of Rothbard’s ghetto

SYMMETRY

WARRANTY

EXTERNALITY

Bring libertarian ethics out of Rothbard’s ghetto and back to the aristocracy whence it came.

Voluntary exchange isn’t enough. Its ghetto liberty. Aristocracy requires symmetry warranty, and prohibition on externality.

Without these three ethical properties, voluntary exchange alone is a license to commit fraud.


Source date (UTC): 2013-02-15 19:39:00 UTC

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *