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	<title>The Emotion Machine &#187; Libertarian</title>
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	<link>http://www.theemotionmachine.com</link>
	<description>Psychology and Self Improvement</description>
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<title>The Emotion Machine</title>
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		<title>Goal: Become A Professional Writer</title>
		<link>http://www.theemotionmachine.com/goal-become-a-professional-writer-columnist</link>
		<comments>http://www.theemotionmachine.com/goal-become-a-professional-writer-columnist#comments</comments>
		<pubDate>Sun, 27 Jun 2010 23:37:07 +0000</pubDate>
		<dc:creator>Steven Handel</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Productivity]]></category>
		<category><![CDATA[Career]]></category>
		<category><![CDATA[Goals]]></category>
		<category><![CDATA[Job]]></category>
		<category><![CDATA[Libertarian]]></category>
		<category><![CDATA[Mission Statement]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Research]]></category>
		<category><![CDATA[Rituals]]></category>
		<category><![CDATA[Success]]></category>
		<category><![CDATA[Values]]></category>
		<category><![CDATA[Work]]></category>
		<category><![CDATA[Writing]]></category>

		<guid isPermaLink="false">http://www.theemotionmachine.com/?p=9088</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><center><a href="http://www.flickr.com/photos/shironekoeuro/4040697914/"><img src="http://farm3.static.flickr.com/2735/4040697914_27341dc15a_m.jpg" alt="null" /></a></center><br />
<font size="3"><br />
<strong><br />
<font size="3">Past Uncertainties and Convictions</strong></font></p>
<p>It has now been a good 5 months since I&#8217;ve last written about goal-making (see <a href="http://www.theemotionmachine.com/re-visiting-your-goals-and-aspirations">1</a>, <a href="http://www.theemotionmachine.com/create-a-progressive-timeline-to-better-envision-your-goals">2</a>). To be honest, the delay is probably due to my own sense of limbo about what I want to pursue as a career.  </p>
<p>It has now been almost 1/2 a year since I&#8217;ve graduated college, and although I have been keeping busy diving into my own personal interests, I have yet to draw any clear path about where I want to be in the future. </p>
<p>Is this normal for a recent graduate? Maybe, maybe not. </p>
<p>Either way, I know panicking won&#8217;t do me any good, so I remain <a href="http://www.theemotionmachine.com/start-the-new-decade-by-focusing-on-relaxation">relax and focused</a>. </p>
<p>It&#8217;s not that I don&#8217;t spend time thinking about the future &#8211; I do and I do it often &#8211; but I want make sure that when I find my niche that it is something I can become fully engaged in. The last place I want to be in 40 years is at some dead-end job with no love or pride for my craft. </p>
<p>Long ago I came to the conviction that there need not be a difference between work and play. That one can simultaneously do what they love and prosper from it <strong>if they put their mind to it</strong>. First, I need faith in my capacity to think, grow, and create value. </p>
<p>Believing I can achieve something must be the first prerequisite for actually going out and doing it.</p>
<p><strong><br />
<font size="3">Mission Statement</strong></font></p>
<p>Throughout my life I have always had some desire to write. As a kid I remember thinking up short screenplays, reviewing video games online, and expressing my feelings about loved ones through lyrics and poetry. Today, I continue to make a conscious effort to improve my writing ability by blogging on sites such as this one and <a href="http://www.libertarianminds.com">Libertarian Minds</a>.</p>
<p>The past year has been an experiment to see if I can <a href="http://www.theemotionmachine.com/fifty-ways-to-stay-committed">stay committed</a> to blogging and still come out enjoying it in the end &#8211; I do. </p>
<p>That is why I now want to take my craft to the next stage. This, to me, means <strong>turning it into a profession.</strong></p>
<p>First, I want to create a mission statement. Then I will write it above my desk, so I can recite it every morning. This one simple <a href="http://www.theemotionmachine.com/routines-vs-rituals-the-difference-between-dull-living-and-empowerment">ritual</a> will help me to maintain <a href="http://www.theemotionmachine.com/how-to-think-less-and-do-more-turning-life-into-flow">flow</a> and keep my mind concentrated on the habits I need to adopt in order to be successful. </p>
<p>Here is a picture of my mission statement written on a dry-erase board: </p>
<p><center><a href="http://farm5.static.flickr.com/4119/4738911021_773efaf00b_b.jpg"><img src="http://farm5.static.flickr.com/4119/4738911021_773efaf00b.jpg" alt="null" /></a></center></p>
<p>To become a professional writer I will follow my self-appointed mantra of RAWA meaning  &#8220;Read A lot, Write A lot.&#8221; In it there are 6 tenets: consume, digest, rest, grow, repeat, and evolve.</p>
<p><font size="4"><br />
<strong>1. CONSUME A LOT OF MATERIAL</strong></font></p>
<p>Lucky for me I love reading and I already go to all sorts of different websites on a daily basis. Over the year I have accumulated a list of my favorite and most informative resources:</p>
<p><strong><br />
<u>Mainstream Media</u></strong></p>
<p><a href="http://www.cnn.com/">CNN.com</a><br />
<a href="http://www.msnbc.msn.com/">MSNBC </a><br />
<a href="http://www.foxnews.com/politics/index.html">FOXNews</a></p>
<p>Sites to follow the most up-to-date news of popular issues.</p>
<p><strong><br />
<u>Libertarian Opinion/Blogs</u></strong></p>
<p><a href="http://reason.com/">Reason</a><br />
<a href="http://www.cato.org/">Cato Institute</a><br />
<a href="http://mises.org/">Ludwig von Mises Institute</a><br />
<a href="http://www.campaignforliberty.com/">Campaign For Liberty</a><br />
<a href="http://fee.org/">Foundation for Economic Education</a><br />
<a href="http://antiwar.com/">Anti-War.com</a><br />
<a href="http://c4ss.org/">Center for a Stateless Society</a><br />
<a href="http://www.aynrand.org/site/PageServer?pagename=index&#038;cvridirect=true">Ayn Rand Institute</a><br />
<a href="http://www.capitalismmagazine.com/">Capitalism Magazine</a><br />
<a href="http://jeffreymiron.com/">Libertarianism from A to Z: Jeffrey Miron&#8217;s blog</a><br />
<a href="http://thinkmarkets.wordpress.com/">Think Markets</a><br />
<a href="http://www.marginalrevolution.com/">Marginal Revolution: Tyler Cowek and Alex Tabarrok&#8217;s blog</a><br />
<a href="http://lewrockwell.com/">LewRockwell.com </a><br />
<a href="http://www.stephankinsella.com/">Stephan Kinsella</a><br />
<a href="http://aaeblog.com/">Austro-Athenian Empire &#8211; Roderick Long&#8217;s blog</a><br />
<a href="http://consultingbyrpm.com/blog">Free Advice &#8211; Bob Murphy&#8217;s blog</a><br />
<a href="http://daviddfriedman.blogspot.com/">Ideas &#8211; David Friedman&#8217;s blog</a><br />
<a href="http://fringeelements.info/">Fringe Elements &#8211; Ryan Faulk&#8217;s blog</a><br />
<a href="http://www.economicpolicyjournal.com/">Economic Policy Journal &#8211; Robert Wenzel&#8217;s blog</a><br />
<a href="http://sheldonfreeassociation.blogspot.com/">Free Association &#8211; Sheldon Richman&#8217;s blog</a><br />
<a href="http://bradspangler.com/">Brad Spangler</a><br />
<a href="http://www.fr33agents.com/">Fr33 Agents</a></p>
<p>Professional resources and personal blogs to help build a comprehensive libertarian philosophy. More to be added.</p>
<p><strong><br />
<u>Alternative Opinion/Blogs</u></strong></p>
<p><a href="http://www.salon.com/news/">Salon</a><br />
<a href="http://www.smithsonianmag.com/">Smithsonian Magazine</a><br />
<a href="http://www.huffingtonpost.com/politics/">Huffington Post</a><br />
<a href="http://www.nytimes.com/">New York Times</a><br />
<a href="http://www.bloomberg.com/news/">Bloomberg</a><br />
<a href="http://online.wsj.com/home-page">WallStreet Journal</a><br />
<a href="http://www.alternet.org/news/">Alternet</a><br />
<a href="http://dailykos.com/">DailyKOS</a><br />
<a href="http://dailycaller.com/">The Daily Caller</a><br />
<a href="http://www.politico.com/">Politico</a><br />
<a href="http://www.newyorker.com/">New Yorker</a><br />
<a href="http://fora.tv/">Fora.TV</a><br />
<a href="http://www.rollingstone.com/politics">Rolling Stone</a><br />
<a href="http://krugman.blogs.nytimes.com/">The Conscience of a Liberal &#8211; Paul Krugman&#8217;s blog</a><br />
<a href="http://libcom.org/">Libcom.org</a></p>
<p>Other resources to stay knowledgeable about opposing opinions. This is important to help keep a well-rounded view. More to be added. </p>
<p>I will try to visit most of these sites at least once every week. The big ones like CNN.com (or ones I really enjoy like Mises.org), will probably be visited more frequently. I also go to <a href="http://www.reddit.com">reddit</a> everyday where users post articles from all over the web. </p>
<p>The main point of building a huge list like this is to always have reading material available and to have access to a wide range of viewpoints and philosophies. </p>
<p><font size="4"><br />
<strong>2. DIGEST IT ALL</strong></font></p>
<p>It would be wasteful to read hours everyday but to never <a href="http://www.theemotionmachine.com/separate-the-face-from-the-idea">think critically</a> about the content. I believe contemplation is one of the most important mechanism to human learning. </p>
<p><a href="http://www.theemotionmachine.com/can-stillness-and-reflection-improve-learning">Studies</a> have shown that when rats are given time to reflect, they learn faster than rats who don&#8217;t.  Time spent introspecting on one&#8217;s thought patterns can help us better understand our beliefs. We may even discover that we have made a <a href="http://en.wikipedia.org/wiki/Logical_fallacy">logical fallacy</a> or a <a href="http://en.wikipedia.org/wiki/Cognitive_bias">cognitive bias</a>.</p>
<p>Humans are infallible but they are also self-correcting. There is no need to be alarmed when a belief of ours has been challenged. Instead it should be seen as an opportunity for growth. Those who deny their mistakes will always remain fixed where they stand, but those who are willing to weigh other alternatives are more likely to progress their understanding and step forward as intellectuals.</p>
<p>Digesting material means to put a conscious effort into reflecting on what we have learned and how it fits into our worldview. </p>
<p><font size="4"><br />
<strong>3. REST</strong></font></p>
<p>Between all this reading and thinking I am going to need some leisure time. This means things like nap-taking, hanging out with friends, listening to music, watching Mets games, and going out to dinner. Life stuff. Stuff less mentally-intensive so my mind has a chance to rejuvenate itself. After all, variety keeps the mind healthy and balanced. </p>
<p>Including rest in your routine is the difference between hard work and smart work. Also, one positive thing about actively taking your mind off of your work is that it lets your unconscious mull over ideas as you engage yourself in other activities. </p>
<p><font size="4"><br />
<strong>4. GROW</strong></font></p>
<p>Once I have consumed, digested, and taken a healthy break, I am then ready to apply my knowledge into the form of writing. </p>
<p>While the digestion phase was about breaking down information, the growth phase is about integrating information into an article that conveys a coherent theme. All writing, whether fiction or non-fiction, is the process of connecting old ideas and transforming them into something new, something more contemporary, and something more aligned with the <a href="http://en.wikipedia.org/wiki/Zeitgeist">zeitgeist</a> of the times. It is the process of moving knowledge forward. </p>
<p>To fulfill my goal I must write each and everyday, even if it is just for a little bit. If by the end of the day I am not happy with what I have written &#8211; and it never gets published or even posted on a blog &#8211; it is still a worthy exercise in critical thinking and creativity. I think of it as analogous to a professional baseball pitcher: although it may not always be there day to start a game, they still go out in the bullpen and throw some pitches everyday, because that is how they keep their skills sharp.</p>
<p>If you want to be good at something you need to live and breathe it. It needs to be a part of your daily routine. By aiming to write everyday I am setting a precedent to continuously improve until I reach that next plateau. </p>
<p><font size="4"><br />
<strong>5. REPEAT. REPEAT. REPEAT.</strong></font></p>
<p>We all have certain habits which we repeat day-in and day-out. They become automatic or &#8220;second nature.&#8221; One beauty of the human mind is that we can consciously choose to replace existing habits with new ones &#8211; to reinforce &#8220;positive&#8221; behavior and punish &#8220;negative&#8221; behavior (however an individual may come to define those terms).</p>
<p>Over the last year I have built up a habit of reading, thinking, and writing about political philosophy, economics, and society at large. It is something I have developed a passion for which is why I now picture myself doing it as a career.</p>
<p>I don&#8217;t want to be simply good at it but great at it. I want people to read what I have to say and walk away more educated, more independent-thinking, and more inspired by life around them. I want them to think, &#8220;this is so good, I want my friends to read this.&#8221; </p>
<p>But this kind of value can only be created if I am dedicated to my craft, which means: practice, practice, practice. I believe that the more I immerse myself in an activity, the better and faster of a learner I will be. </p>
<p><font size="4"><br />
<strong>6. EVOLVE</strong></font></p>
<p>Evolution is a series of adaptations and changes over time. In many ways, it is spontaneous and unpredictable. Often the order is not clear until you look back on it. </p>
<p>This post marks a starting point for my pursuit as a professional writer, but only time will tell where I will end up a year, five years, or ten years down the line.</p>
<p>While I may not know the specifics of where this path is heading, I do know that if I stay devoted to my mantra of RAWA (&#8220;Read A lot, Write A lot&#8221;), and its 6 tenets, that it will lead me somewhere productive and fruitful. </p>
<p>The human mind can facilitate positive evolution by identifying value and producing it over time. Only by adding value to our lives and the lives of others do we progress as humans and make life worth living.</p>
<p><font size="4"><br />
<strong>ENDING NOTE</strong></font></p>
<p>At its core the RAWA strategy is simple: get emerged in reading and writing and I will soon build the skills to enter the professional domain. </p>
<p>Of course, this is not all one needs to be successful. Along with actually having the ability, one also needs to know how to network, market their product, and land opportunities. These will be issues I will try and resolve in later posts. </p>
<p>For now, my main focus is thinking of myself as a writer, reinforcing these positive rituals (consume digest, rest, grow, repeat, evolve), and eventually building a portfolio of my best material to send to editors.  </p>
<p></font></p>
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		<item>
		<title>Cognitive Liberty And Self-Ownership</title>
		<link>http://www.theemotionmachine.com/cognitive-liberty-and-self-ownership</link>
		<comments>http://www.theemotionmachine.com/cognitive-liberty-and-self-ownership#comments</comments>
		<pubDate>Wed, 04 Nov 2009 22:44:59 +0000</pubDate>
		<dc:creator>Steven Handel</dc:creator>
				<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Activism]]></category>
		<category><![CDATA[Cognitive Liberty]]></category>
		<category><![CDATA[Drugs]]></category>
		<category><![CDATA[Evolution]]></category>
		<category><![CDATA[Freedom]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Libertarian]]></category>
		<category><![CDATA[Rights]]></category>
		<category><![CDATA[Self-Ownership]]></category>
		<category><![CDATA[Society]]></category>
		<category><![CDATA[War On Drugs]]></category>

		<guid isPermaLink="false">http://www.theemotionmachine.com/?p=3258</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p>Cognitive liberty is the concept that an individual has absolute sovereignty over their state of consciousness as long as it does not infringe on the rights of another. This includes the use of meditation, prayer, and psychoactive drugs, as well as the right to not be force-fed any psychoactive drug against one&#8217;s will.</p>
<p>Currently, cognitive liberty is not a very much respected philosophy in American politics. Most psychoactive drugs like cannabis, psilocybin mushrooms, LSD, and mescaline are considered illegal to possess and consume. Similarly, we see young children all throughout the nation being force-fed certain psychoactive drugs (the &#8220;good kinds&#8221;) in name of &#8220;normal thinking&#8221; and &#8220;normal behavior.&#8221;</p>
<p><a href="http://www.flickr.com/photos/thomasthomas/"><center><img src="http://farm1.static.flickr.com/109/268846488_4b6882d35e_m.jpg" alt="null" /><br />
</center></a></p>
<p>As a libertarian, I feel cognitive liberty is a necessary component to any free society. I have written numerous times about my disdain for the <strong><a href="http://www.theemotionmachine.com/government-and-politics/my-body-my-right-an-idea-so-simple-even-people-on-drugs-can-understand-it">War On Drugs</a></strong> and specifically the failure that is <strong><a href="http://www.theemotionmachine.com/government-and-politics/legalize-it-director-of-norml-on-marijuana-prohibition">marijuana prohibition</a></strong>. </p>
<p>I am also against our tendency as a society to administer psychoactive drugs so carelessly and with so little respect for the free choice of young people and the mentally ill. It is an awful thing to offer a drug to any person without appropriately informing them on what the drug is supposed to do or how it might make them feel. We should also explain to children very clearly that they have a choice whether or not to continue taking the drug if they don&#8217;t like its effects. It often happens where a child&#8217;s personal interest is put secondary or even overlooked completely.</p>
<p>Let it be known that I do think there are cases where someone needs to be given a drug against their will (maybe if they are unconscious or completely delusional and incoherent). But these situations are limited, and I think it is safe to say that society and government  has overstepped its boundaries on more than a couple fronts when it comes to this issue.</p>
<p><a href="http://www.flickr.com/photos/crustyscumbrothersontour/"><center><img src="http://farm3.static.flickr.com/2045/2405416111_fc52efd81c_m.jpg" alt="null" /><br />
</center></a></p>
<p>Who really has the authority to tell a conscious and thinking being what they can and cannot put into their body or how they should experience reality? I don&#8217;t consider it justified for any free society to draw such arbitrary distinctions between what is &#8220;good&#8221; or &#8220;bad&#8221; for an individual if that individual is exercising their own rational free choice. People have different values and interests in life &#8211; this is the same dimension of diversity that characterizes all of nature and what has made evolution possible. </p>
<p>The act of consuming drugs is a victimless crime, and it does not justify people getting locked up in prison or having a criminal record that inhibits them from ever getting a good job or building a bright future. Drugs have been present in every society known to man and it is time we respect their place in the structure of our humanity. It is one thing to advise others against the use of certain drugs, and it is another to try to banish their existence or ignore it entirely.</p>
<p>I am perfectly comfortable acknowledging the fact that some drugs have negative consequences while still promoting the freedom for others to use these same drugs. For one thing, negative consequences are a part of all decisions we make &#8211; it does not mean we sacrifice our freedom to make those decisions. To borrow from something I wrote in a <strong><a href="http://www.theemotionmachine.com/government-and-politics/getting-to-the-truth-about-government-spending">recent article about government spending</a></strong>,</p>
<blockquote><p>&#8220;Just because half of American marriages end in a divorce doesn’t mean we want the government to make decisions on who we should marry. Life is filled with mistakes; it is how we learn, and it is a part of freedom.&#8221;</p></blockquote>
<p><a href="http://www.flickr.com/photos/visualsense/"><center><img src="http://farm4.static.flickr.com/3265/2463421728_793503216a_m.jpg" alt="null" /><br />
</center></a></p>
<p>If you really want to help those who are dependent on drugs &#8211; or if you really want to make a long lasting change in <strong>any</strong> individual&#8217;s behavior &#8211; then you need to appeal to that person&#8217;s reason. You can not rule a rationally thinking person by force. And yes, even a drug addict has his or her own mode of rational thought <em>in accordance</em> with their own values and interests.</p>
<p>When people value something strong enough, they find a way to go against government restrictions in order to satisfy that want. This is why prohibition <strong>always</strong> leads to a black market for goods that society finds valuable. </p>
<p>When will people recognize that others value these drugs? When will we learn to tolerate these differences? If we really want to make a positive change than we need to re-think freedom and re-think the way we influence others if we want to continue living in a free society. If we don&#8217;t accept the notion of cognitive liberty, if we sacrifice those fundamental principles of self-ownership and freedom of thought, then in what ways are we really free anymore?</p>
<p>To learn more please visit <strong><a href="http://www.cognitiveliberty.org/">The Center For Cognitive Liberty &#038; Ethics</a></strong>, which includes notable members like visionary artist Alex Grey, libertarian psychiatrist Thomas Szasz, and psychedelic researcher Ralph Metzner (who used to work with Timothy Leary).</p>
<p><font size="3"><center><em>&#8220;As soon as we surrender the principle that the state should not interfere in any questions touching on the individuals mode of life, we end by regulating and restricting the latter down to the smallest details.&#8221;</em></font></p>
<p><strong>Ludwig Von Mises</strong></center> </p>
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		<item>
		<title>Getting To The Truth About &#8220;Government Spending&#8221;</title>
		<link>http://www.theemotionmachine.com/getting-to-the-truth-about-government-spending</link>
		<comments>http://www.theemotionmachine.com/getting-to-the-truth-about-government-spending#comments</comments>
		<pubDate>Sun, 01 Nov 2009 01:09:08 +0000</pubDate>
		<dc:creator>Steven Handel</dc:creator>
				<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Austrian Economics]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Democracy]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Free Markets]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Libertarian]]></category>
		<category><![CDATA[Society]]></category>
		<category><![CDATA[Values]]></category>

		<guid isPermaLink="false">http://www.theemotionmachine.com/?p=3001</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p>The main question you need to ask whenever you hear about an outcome of &#8220;government spending&#8221; is: <strong><em>Instead of what?!</em></strong> The cost of any economic decision is never simply &#8220;What were the outcomes?&#8221; but also &#8216;What were the potential outcomes?&#8221; &#8211; what was the <a href="http://en.wikipedia.org/wiki/Opportunity_cost">opportunity cost</a>? What could have been achieved if I invested my time and capital differently?</p>
<p><a href="http://www.flickr.com/photos/zheem/"><center><img src="http://farm1.static.flickr.com/171/414088123_9f3d95cab3_m.jpg" alt="null" /><br />
</center></a></p>
<p>Today <strong><a href="http://feeds.foxnews.com/~r/foxnews/politics/~3/3yWmfz6O4ak/obama-economy-growing-stimulus">President Obama</a></strong> announced that 1 million jobs were saved due to the $787 billion dollar stimulus plan he initiated earlier this year. I ask, &#8220;Instead of what?&#8221;</p>
<p>At first glance this may sound like a great headline for Obama, but only if you make an all-too-often economic fallacy about the nature of government spending. When we are on the receiving end, it is all too easy to forget that governments do not have their own source of wealth; they only absorb wealth from their citizens through taxes and monetary inflation. In this sense there is no such thing as government spending, only redistribution. As argued by many intellectuals throughout the past century, this kind of economic planning often comes with disastrous effects. Yet politicians refuse to listen, often only citing Keynesian economists &#8211; who justify increased government spending even when it is in contradiction with the most basic laws of the free market.</p>
<p>In this article I will argue that almost all government spending &#8220;for the sake of the economy&#8221; &#8211; no matter the intentions &#8211; is bad. I will argue that it doesn&#8217;t matter which way the money flows; it is the principle of the action that hurts the economy and undermines the intelligence of the market. And in the end we all lose out as a result of government meddling in the economy.</p>
<p><font size="3"><strong>Government spending vs. Market spending</strong></font></p>
<p>I find the best way to frame the battle between markets and governments is as follows,</p>
<p>When individuals are given the chance to keep their earnings (private property) and spend it as they see fit (voluntary contracts) &#8211; does this lead to better outcomes than when governments decide where money should be spent?  </p>
<p><font size="3"><strong>ARGUMENT 1:</strong> <em>Fallacy Of Intentions (The Belief In A &#8220;Benevolent Government&#8221;)</em></font></p>
<p>One argument in favor of government is what I call the fallacy of intentions. This is the general belief that a benevolent government can provide for society better than self-interested individuals. </p>
<p>The underlying premise is that individuals are greedy and we can not expect greed to serve the general welfare of the people. As John Maynard Keynes once said, “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” </p>
<p>But this is a fallacy. Governments, like markets, are also a conglomeration of individual humans; humans that have the same potential for greed as anyone else. One of my favorite rebuttals to this fallacy is a quote by Austrian economist Ludwig von Mises, in which he states:</p>
<blockquote><p>&#8220;If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reasons also reject every kind of government action.&#8221;
</p></blockquote>
<p>A Keynesian might then counter this point by arguing that in a democracy &#8211; since the people elect their representatives &#8211; greed could therefore be limited. </p>
<p>But certainly &#8220;greedy individuals&#8221; are just as capable of organizing campaigns and becoming elected officials as &#8220;benevolent individuals&#8221;? America is already a great example of how money seems to be the best predictor of government power. </p>
<p>However we cannot blame this on capitalism, we can only blame government for not following its original constitutional foundation. This is why it is my belief that a constitutional republic, one which concentrates government power closest towards the individual, is one that best serves a free society. A constitution is necessary in order to define the purpose of government and to limit it from breaking these restrictions.</p>
<p><font size="3"><strong>ARGUMENT 2:</strong> <em>The Intelligence Of Governments Versus Markets.<br />
</em></font></p>
<p>Another argument in favor of government is that government can better allocate resources than the free market can. It is believed that under laissez-faire capitalism self-interested individuals will only act in a way that maximizes profit for themselves and consequently not provide for the needs of others. </p>
<p>However, economic activity is not a zero-sum game; everyone reaps benefits from voluntary trade. If individuals didn&#8217;t see benefit in an action they simply wouldn&#8217;t do it. As Adam Smith once famously wrote in his influential book &#8220;The Wealth of Nations&#8221; (1776):</p>
<blockquote><p>&#8220;It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.&#8221;</p></blockquote>
<p>Adam Smith later named these market forces the <strong><a href="http://en.wikipedia.org/wiki/Invisible_hand">invisible hand</a></strong>. Ludwig von Mises claimed that Smith believed that the invisible hand was that of God. He did not mean this as a criticism, since he held that secular reasoning leads to similar conclusions.</p>
<p>Mises&#8217; contrasted the invisible hand of the market with central economic planning, claiming the the latter was not only undesirable but impossible. In his theory of the &#8220;<strong><a href="http://www.theemotionmachine.com/government-and-politics/calculation-and-socialism">economic calculation problem</a></strong>&#8221; which was later expounded by Nobel laureate Friedrich Hayek, Mises argues that governments cannot possibly have the knowledge to know what is good for the economy. Mises believed that only the voluntary actions of consenting adults could properly allocate resources throughout the market. Hayek expanded on this idea by stating the efficient exchange and use of resources can be maintained only through the price mechanisms possible through free markets. </p>
<p>When governments legislate price and wage limits, the market is inhibited from reacting properly when changes occur in supply and demand. Due to the uncertainty of the economy, government can not possibly have enough knowledge to benefit society through massive spending. In fact, they almost always undermine a &#8220;natural market&#8221; solution from taking place. The more you give individuals a chance to act freely the better each individual&#8217;s needs will be met.</p>
<p>Of course the market isn&#8217;t perfect or Utopian. Individuals do not always make the right decisions for themselves and economies will fall into recessions during bad economic times. But this is true for any aspect of life. Just because half of American marriages end in a divorce doesn&#8217;t mean we want the government to make decisions on who we should marry. Life is filled with mistakes; it is how we learn, and it is a part of freedom. </p>
<p>So, yes, it sounds nice when we hear that Obama created X amount of jobs or saved Y. But how would this solution compare to a market solution? How do we know Obama is &#8220;creating&#8221; or &#8220;saving&#8221; jobs that really serve the American people?  Yes, governments can help the unemployment rate by starting wars, or even by having everyone build pyramids, but is this really signs of a growing economy? Is this really an efficient allocation of resources? When Obama and Bush &#8220;bailout&#8221; companies that the market has already chosen to fail, then they are only delaying the inevitable destruction of these jobs. The people have already chosen another product. People losing jobs is a necessary function of a healthy market. </p>
<p><font size="3"><strong>Note on GDP as a measure of economic growth</strong></font></p>
<p>Like unemployment rates, GDP is another statistic that can be easily manipulated by government. The government reported this week that the economy grew 3.5 percent from July through September. But since <strong><a href="http://en.wikipedia.org/wiki/GDP">government spending is a part of GDP</a></strong>, no wonder the &#8220;economy grew&#8221; with all this stimulus spending.  </p>
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		<title>Liberty and Economics: A Documentary On Mises</title>
		<link>http://www.theemotionmachine.com/liberty-and-economics-a-documentary-on-mises</link>
		<comments>http://www.theemotionmachine.com/liberty-and-economics-a-documentary-on-mises#comments</comments>
		<pubDate>Mon, 26 Oct 2009 08:22:45 +0000</pubDate>
		<dc:creator>Steven Handel</dc:creator>
				<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Austrian Economics]]></category>
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		<guid isPermaLink="false">http://www.theemotionmachine.com/?p=2819</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><em>&#8220;What kind of man was <strong><a href="http://www.mises.org">Ludwig von Mises</a></strong>? As this unique film shows, Mises (1881-1973) was a man who never stopped fighting for freedom: not when the Nazis burned his books, not when the Left blackballed him at universities, not when it seemed as if statism had won. With courage and genius, he fought big government until the day he died &#8230; in 25 books, hundreds of articles, and more than 60 years of teaching.</p>
<p>Mises&#8217;s battles against Communists, Nazis, and other socialists, are featured in this film, as are his ideas of Liberty. There is also the old Vienna he loved, the Bolshevik prime minister he dissuaded from Communism, and a cast of villains from Lenin to Hitler, as well as such supporters and students as Murray Rothbard, Ron Paul, Bettina Greaves, M. Stanton Evans, Mary Peterson, Joseph Sobran, and Yuri Maltsev.</p>
<p>Among his many accomplishments, Mises showed that socialism had to fail, that central banking causes recessions and depressions, that the gold standard is honest money, and that only laissez-faire capitalism is fully compatible with Western civilization.</p>
<p>Mises was the twentieth century&#8217;s foremost economist, and one of its most important champions of Liberty. Here is a film that does justice to this extraordinary man, and to his equally extraordinary ideas.&#8221;<br />
</em></p>
<p><center><br />
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/EpATNp5DjYI&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/EpATNp5DjYI&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object><br />
</center></p>
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		<title>Friedman On Curing Healthcare: No Licensure Of Physicians?</title>
		<link>http://www.theemotionmachine.com/friedman-on-curing-healthcare-no-licensure-of-physicians</link>
		<comments>http://www.theemotionmachine.com/friedman-on-curing-healthcare-no-licensure-of-physicians#comments</comments>
		<pubDate>Thu, 22 Oct 2009 18:29:47 +0000</pubDate>
		<dc:creator>Steven Handel</dc:creator>
				<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://www.theemotionmachine.com/?p=2764</guid>
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			<content:encoded><![CDATA[<p><font size="5">M</font>ilton Friedman discusses the American Medical Association. According to him, the AMA&#8217;s monopoly on the licensure of physicians in the United States has put a damper on competition within the industry, leading to lower quality services as well as limited availability to the American public. Although I don&#8217;t yet fully accept Friedman&#8217;s suggestion, I still find it an interesting proposition that is worth spreading, check it out:</p>
<p><center><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/TdcaLReCG3Y&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/TdcaLReCG3Y&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object></center></p>
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