Recent content by Nielsio

  1. Nielsio

    Against Owning Information

    (Video: http://www.youtube.com/watch?v=PVusj2a0pzg ) People say: "You can't copy someone else's idea. That's stealing." ..I want to evaluate that statement. Stealing means you are taking away something from someone, so that they no longer have it. So copying is not theft of any personal...
  2. Nielsio

    How Could A Voluntary Society Function? (full explanation)

    Video: http://www.youtube.com/watch?v=tE9dZATrFak Text: 1. Introduction We start with the premise that the widely shared beliefs in a society are: 1 ) Don't harm other people 2 ) Respect their property 3 ) That part of nature that you transform and make valuable becomes yours 4 ) A...
  3. Nielsio

    Minimum wage helps poor people?

    I'll respond if someone engages with the arguments in the OP.
  4. Nielsio

    Minimum wage helps poor people?

    Claim: “It is exploitation to pay workers less than a certain amount of hourly wage. Raising their wages by law is fair and helps these workers.” Analysis: A firm calculates how much extra profit it makes with each individual worker. If a potential worker can add to the firm's overall...
  5. Nielsio

    War is good for the economy?

    Claim: “War is good for the economy because it provides jobs and it generates technology.” Analysis: § Jobs The purpose of an economy is providing for the satisfaction of consumers. This means a job is only valuable insofar it improves on the value of resources, as judged...
  6. Nielsio

    Money, What Is It? (video)

    This is the essence of trade: you trade one valuable thing for another valuable. As explained in the video, if people are free in barter they choose to trade in those things that work best for indirect exchange. This means the market itself chooses what actually works. So it's kind of weird to...
  7. Nielsio

    Money, What Is It? (video)

    Why? The most adaptable to what? How do you manipulate a commodity currency?
  8. Nielsio

    Money, What Is It? (video)

    How can a commodity currency 'fail'? I don't think that was claimed. Do you agree that a free market commodity money makes it harder for reckless spending (and thus savings destruction) to occur? Can you give a specific example? Because I don't believe those were cases of free market...
  9. Nielsio

    Money, What Is It? (video)

    http://www.youtube.com/watch?v=Gizetn5VuA0 I made this video. What do you guys think of it?
  10. Nielsio

    I'm sick of the stupid stimulus...

    An example of those 'friends':
  11. Nielsio

    I'm sick of the stupid stimulus...

    Only the market can decide what are real jobs, i.e. which are sustainable. As long as you have a special group who can tax people and give the money to other people, they will do so, and they will find they have more friends than they ever imagined.
  12. Nielsio

    Another bailout... this time $23 billion for public schools

    Soon public school will have become completely redundant. The Teenage Liberation Handbook: How to Quit School and Get a Real Life and Education http://www.amazon.com/Teenage-Libera.../dp/0962959170
  13. Nielsio

    Calls for the Pope to be put on trial.

    There is only one thing the church is good at, and that's instilling guilt among the people. Guilt cannot possibly be the source of a healthy society.
  14. Nielsio

    Calls for the Pope to be put on trial.

    Louis CK learns about the Catholic Church http://www.youtube.com/watch?v=VABSoHYQr6k (Louis CK is a comedian; you are forewarned)
  15. Nielsio

    Jury Duty

    Right. The way to satisfy the requirement for a jury is rather simple and straightforward: You like to create a contract with, say, a customer. So you write up a contract and both agree on an independent judge who will be hired for his service. So judges actually respond to market...