(repost suggested by Brandon Hayes)
“[A]s far as I know, the only meaningful reason to study economics for use in ethics and politics, is to justify the rule of law (Nomocracy), under the single rule of property rights, where property rights is as defined under Propertarianism, as property-en-toto (demonstrated property). And where that body of law suppresses sufficient involuntary transfer of property-en-toto, that the formation of a Nomocratic polity is possible. And where the formation and perpetuation of that polity is possible, because transaction costs are sufficiently suppressed that a rational choice for Nomocracy is possible, over a rational choice for statism. And that the normative preference of nomocratic rule over statist rule is maintained by the constant exercise of that body of law in daily life, rather than a phillosophical-rational, religio-moral, pedagogically-instructional, or normatively-habituated means of persistence.”
Source date (UTC): 2018-05-31 12:30:00 UTC
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