HOW DO WE OBTAIN LIBERTY? THE ANSWER IS IN TRANSACTION COSTS The answer to the q

HOW DO WE OBTAIN LIBERTY? THE ANSWER IS IN TRANSACTION COSTS

The answer to the question of how we obtain liberty is found in transaction costs: At what point are local transaction costs sufficiently suppressed that the remote and explicit costs of a state, no longer preferable to the local costs of everyday existence?

You would think that this would have been OBVIOUS to a group of philosophers who depend upon economics, and lay claim to the superiority of economics as the means of achieving prosperity, and therefore upon prosperity for the justification of their arguments.

But instead they get lost in an endless circular discussion of ‘morality’ – in a remembrance-ritual for a church that has abandoned us to universalism and mysticism.

Whereas, morality is reducible to the evolutionary necessity of prohibiting the imposition of costs on others.

And where transaction costs determine the demand for an authority in the form of a state to either impose an order, or to prohibit retaliation, or both.

And where rule of law reliant upon property-en-toto, provide means of resolution of conflicts (retaliation), and therefore a reduction of demand for an authority to impose order, or prohibit retaliation – the state.

So the only question is, how much suppression of the imposition of costs is necessary for the rational choice between transaction costs of criminal, unethical, immoral, conspiratorial actions, and the payment to an authority that imposes order, metes punishments, and prevents retaliation?

The answer is, that you’re going to have a society that looks a lot more like classical liberalism than one that looks like anarcho-capitalism.

In retrospect it’s one of those things that should have been stupidly obvious.

Apparently the appeal of justifying one’s biases is greater than the appeal of ascertaining necessary causal properties of reality.”

Justification always rules.

Curt Doolittle

Liberty: The Philosophy Of Aristocracy

The Propertarian Institute

Kiev Ukraine.