Rule #1. Always post Bastiat.
The advocates of monopoly maintain that the facts are on their side, and that we have on our side only theory.
They flatter themselves that this long series of public acts, this old experience of Europe, which they invoke, has presented itself as something very formidable to the mind of Mr. Say; and I grant that he has not refuted it with his characteristic sagacity. For my own part, I am not disposed to concede to the monopolists the domain of facts, for they have only in their favor facts that are forced and exceptional; and we oppose to these, facts that are universal, the free and voluntary acts of mankind at large.
What do we say; and what do they say?
We say, “You should buy from others what you cannot make for yourself but at a greater expense.”
And they say, “It is better to make things for yourself, although they cost you more than the price at which you could buy them from others.”
Now, gentlemen, throwing aside theory, argument, demonstration — all which seem to affect you with nausea — which of these two assertions has on its side the sanction of universal practice?
Visit your fields, your workshops, your forges, your warehouses; look above, below, and around you; look at what takes place in your own houses; note your own everyday acts; and say what is the principle that guides these laborers, artisans, and merchants; say what is your own personal practice.
Does the farmer make his own clothes? Does the tailor produce the corn he consumes? Does your housekeeper continue to have your bread made at home, after she finds she can buy it cheaper from the baker? Do you resign the pen for the brush to save your paying tribute to the shoeblack? Does the entire economy of society not rest upon the separation of employments, the division of labor — in a word, upon exchange? And what is exchange but a calculation which we make with a view to discontinuing direct production in every case in which we find that possible, and in which indirect acquisition enables us to effect a saving in time and in effort?
It is not you, therefore, who are the men of practice, since you cannot point to a single human being who acts upon your principle.
But you will say, we never intended to make our principle a rule for individual relations. We perfectly understand that this would be to break up the bond of society, and would force men to live like snails, each in his own shell. All that we contend is that our principle regulates de facto the relations that obtain between the different agglomerations of the human family.
Well, I affirm that this principle is still erroneous. The family, the commune, the canton, the department, the province, are so many agglomerations, which all, without any exception, reject practically your principle, and have never dreamt of acting on it. All procure themselves, by means of exchange, those things that it would cost them dearer to procure by means of production. And nations would do the same, did you not hinder them by force.
We, then, are the men of practice and of experience; for we oppose to the restriction you have placed exceptionally on certain international exchanges the practice and experience of all individuals and of all agglomerations of individuals, whose acts are voluntary and can consequently be adduced as evidence. But you begin by constraining, by hindering, and then you lay hold of acts that are forced or prohibited, as warranting you to exclaim, “We have practice and experience on our side!”
Rule #2: Always reblog a Bastist post.
oh yeah, and concerning that picture of a farmer spending all his money on hookers not farm equipment:
an Austrian would argue that it is okay for a farmer to be doing that because markets shift towards where they should be
that is, if markets wanted tons of strippers and no food, that’s where it would go
so yeah, suck my dick haters
What’s your point? Sounds like a straw man argument.
Food>strippers
This guy is so incredibly brain dead. “If the markets wanted strippers instead of food, that’s where it would go.” Really? You *really* think if you open the markets that somehow, people will magically suddenly forget that they need food to survive? Do you really consider society to be that fucking incapable of sustaining itself? That’s pretty much what I’m hearing right now.
people can’t understand hypotheticals
How exactly is that a hypothetical…to anything? What’s your big example? “If the market wants more strippers than it does toothpaste, that’s what’ll happen. If the market wants more strippers than cars, that’s what’ll happen.” Like what’s your point? Do you really think that most rational people will pick a stripper over brushing their own teeth? Or that it should actually matter to you what the fuck people do on their own time? JFC, Keynesians. Y’all baffle me.
>me
>Keynesian
>yfw there’s no such things as “rational”
It’s hilarious that people take your hypothetical and assume that’s were you think markets will go. Hint: NO ONE KNOWS WHERE MARKETS WILL GO! If we did, we would completely control our economy and limit the busts while replicating the booms. We’d have perpetual growth with relatively no effort. But we don’t because markets are organic.
If he said the market might shift from food to cocaine or from food to urine, it would still be as correct as saying the market would shift from hookers to food.
So many idiots.


