Tag Archives: division of labor

Twin Goddesses of the Libertarian Movement

Ethics and Economics

Ethics and Economics (The Linley Sisters)

Ethics and Economics have always been the twin goddesses of the libertarian movement. Some find their way to libertarianism through Austrian Economics and others find their way to free market thinking from a conviction in personal freedom. In either case, for most of those who enjoy a libertarian state of mind, ethics and economics are always close at hand.

Economics shows the power of human cooperation. Immense cities, microscopic computers, abundant food, advanced medicine and flying machines are just some of the bounty derived from applying economic principles like division of labor and catallactics. They are the result of having a free market.

Ethics explains the difference between peaceful cooperation and criminal conflict. One might think that the difference should be obvious, but it is precisely the opposite in today’s state dominated society. Conflict is rained down like fire Continue reading