tag:blogger.com,1999:blog-19727420.post22320190686159947..comments2024-03-23T12:05:13.464-07:00Comments on Ideas: My Disagreement with Murray RothbardDavid Friedmanhttp://www.blogger.com/profile/06543763515095867595noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-19727420.post-43977699574615657132020-09-17T09:11:01.910-07:002020-09-17T09:11:01.910-07:00I live in Madagascar ( East Africa),and life is wo...I live in Madagascar ( East Africa),and life is worth living comfortably for me and my family now and really have never seen goodness shown to me this much in my life as I have been going through a problem as seriously as my son found a terrible accident last two weeks, and the doctors states that he needs to undergo a delicate surgery for him to be able to walk again and I could not pay the bills, then your surgery went to the bank to borrow and reject me saying that I have no credit card, from there i run to my father and he was not able to help, then when I was browsing through yahoo answers and i came across a loan lender Mr, Benjamin Breil Lee, offering loans at affordable interest rate I had no choice but to give it an attempt and surprisingly it was all like a dream, I got a loan of $ 110,000.00 to paid for my son surgery then get myself a comfortable business to help me going as well. I thank God today is good and you can walk and is working and the burden is longer so much on me more and we can feed well and my family is happy today and i said to myself that I will mourn aloud in the world of the wonders of God to me through this God fearing lender Mr Benjamin Breil Lee and I would advise anyone in genuine and serious need of loan to contact this God-fearing man on ...... 247officedept@gmail.com through .. and I want you all to pray for this man for me or Chat with him on whatsapp +1-989-394-3740 as well.<br />Thank you Ahitra Gaethonhttps://www.blogger.com/profile/03631203606492364972noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-5838598897995309952020-09-13T10:03:50.696-07:002020-09-13T10:03:50.696-07:00Both Landsburg and Griffin comment that we also ne...Both Landsburg and Griffin comment that we also need to know something about various participants’ risk-tolerance. But I’m not sure that’s part of David’s calculus, as I think it would matter only if your desire was to minimize crime, say for moral reasons, rather than to return the economically/consequentially optimum result. If the expected return/loss from crime is zero, then in some sense it does not matter that a given thief might nevertheless choose to take the risk. Statistically, such criminals will be the losers.<br /><br />The part where David’s model gets tricky is in the extraction of penalties. If the correct punishment for crime is ten times what was stolen, and the perp does not *have* that much, you have to resort to debt bondage or something. This makes it all seem more complicated, but of course if the invisible hand is operating we can imagine that the penalty will be adjusted to optimality no matter how multidimensional the space.Doctor Mistnoreply@blogger.comtag:blogger.com,1999:blog-19727420.post-69860218918770977752020-09-06T13:54:07.992-07:002020-09-06T13:54:07.992-07:00When I get time later, I can point out the other c...When I get time later, I can point out the other couple of grammar mistakes. But here's one:<br /><br />I have a different solution to the problem of producing libertarian law in a market anarchist society, one which uses the <br /><br />"which" should be "that"David R. Hendersonhttps://www.blogger.com/profile/02927325694778972407noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-89972868395806265832020-09-02T11:18:29.588-07:002020-09-02T11:18:29.588-07:00"To determine the correct punishment for thef..."To determine the correct punishment for theft, it does not suffice to know how hard it is to catch the thieves. One also needs to need something about the risk tolerance of the marginal thief, which requires empirical work."<br /><br />Do we not also need to know how much risk people are willing to be exposed to due to miscarriages of justice? It is a complex set of preferences that need to be balanced. It is probably best to co-ordinate them all via a market.S. F. Griffinhttps://www.blogger.com/profile/13475452868950390322noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-33421385656706173672020-09-01T15:38:47.960-07:002020-09-01T15:38:47.960-07:00"David Friedman said...
"David-
Impossi..."David Friedman said...<br />"David-<br /><br />Impossible. What were they?"<br /><br />The only one I noticed was in the second paragraph. You said "this views".<br /><br />And Steve Landsburg used "need" instead of "know" in his comment's last paragraph. <br /><br /><br />Steve, also you'd need to know something about the marginal level of unpunished theft any given society is willing to tolerate. Annahttps://www.blogger.com/profile/02693779884912354213noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-90664492247799155312020-08-31T06:55:14.469-07:002020-08-31T06:55:14.469-07:00Everything you say here is so patently correct and...Everything you say here is so patently correct and reasonable (and also so characteristically well expressed) that it's depressing to think that it even has to be said.<br /><br />One addition: To determine the correct punishment for theft, it does not suffice to know how hard it is to catch the thieves. One also needs to need something about the risk tolerance of the marginal thief, which requires empirical work.Steven E Landsburghttps://www.blogger.com/profile/00515291316667760469noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-25569467703105987872020-08-30T14:03:43.247-07:002020-08-30T14:03:43.247-07:00
Did Rothbard ever discuss the work of John Hasna...<br /><br />Did Rothbard ever discuss the work of John Hasnas?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19727420.post-86629522159031652752020-08-29T23:17:47.008-07:002020-08-29T23:17:47.008-07:00David-
Impossible. What were they?David-<br /><br />Impossible. What were they?David Friedmanhttps://www.blogger.com/profile/06543763515095867595noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-83515859793734687792020-08-29T23:17:19.327-07:002020-08-29T23:17:19.327-07:00Eric:
I am afraid I do not remember that. Eric:<br />I am afraid I do not remember that. David Friedmanhttps://www.blogger.com/profile/06543763515095867595noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-18197794388252415912020-08-29T07:12:57.631-07:002020-08-29T07:12:57.631-07:00Excellent. I did note a few errors in grammar, tho...Excellent. I did note a few errors in grammar, though.David R. Hendersonhttps://www.blogger.com/profile/02927325694778972407noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-32700179668166986042020-08-29T06:16:55.043-07:002020-08-29T06:16:55.043-07:00David- changing subjects completely. In light of ...David- changing subjects completely. In light of the Bob Murphy's podcast featuring you and George Reisman recently, do you recall the exchange you had with George a few years back on some forum regarding his theory of profit that he discusses with Murphy extensively? I think it may have been on some libertarian forum that may no longer exist. Eric Charleshttps://www.blogger.com/profile/12697273770120621508noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-36678756662226751902020-08-28T23:01:04.010-07:002020-08-28T23:01:04.010-07:00As you touched on with the part about theft penalt...As you touched on with the part about theft penalties, even among libertarians who completely agree about things, there is going to be disagreement about the proper level of risk of wrongful punishment. For example, many if not most libertarians are against the death penalty, but I don't look on that as a libertarian view via principle. It's a judgment that the risk of an innocent person being killed is too high to take. Some people -- I expect a small but non-zero number -- will decide that *no* risk of wrongful punishment is acceptable and want a legal system with no post-crime action at all, intending to rely entirely on their ability to deter attackers and protect themselves, sort of like the "armadilos" in Vinge's "The Ungoverned", just with much less firepower.David Emamihttps://www.blogger.com/profile/15396504852594554847noreply@blogger.comtag:blogger.com,1999:blog-19727420.post-90943516597765910862020-08-28T22:52:17.951-07:002020-08-28T22:52:17.951-07:00It seems to me that on one hand, courts would not ...It seems to me that on one hand, courts would not have to enforce the same rules in all details (any more than different state courts now have to do so), but they would have to be bound by what might be called a metalaw defining the relations of courts to each other and to their clients (including, for example, the "full faith and credence" principle of the U.S. Constitution). But on the other hand, courts that did not accept that metalaw would have to be shut down, by force if necessary, and in doing so the other courts would take on some of the characteristics of a state.William H. Stoddardnoreply@blogger.com