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	<title>Comments on: Money and Politics</title>
	<atom:link href="http://cafehayek.com/2008/09/money-and-polit.html/feed" rel="self" type="application/rss+xml" />
	<link>http://cafehayek.com/2008/09/money-and-polit.html</link>
	<description>where orders emerge</description>
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		<title>By: Randy</title>
		<link>http://cafehayek.com/2008/09/money-and-polit.html/comment-page-1#comment-30037</link>
		<dc:creator>Randy</dc:creator>
		<pubDate>Tue, 09 Sep 2008 08:43:49 +0000</pubDate>
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		<description>&lt;p&gt;Ah, here it is...&lt;/p&gt;

&lt;p&gt;Danny: Money is not created by laws. It is created by a free society choosing whether or not to accept this or that as a medium of exchange.&lt;/p&gt;

&lt;p&gt;Martin: Money is a record of credit from an exchange. I give you a gallon of milk. Rather than returning something of comparable value, you return documentary evidence that I have parted with this value. I am then entitled presently to something of comparable value elsewhere in the market. You possibly obtained the entitlement similarly, but people obtain these entitlements in many different ways.&lt;/p&gt;

&lt;p&gt;In other words, you are making the case that money is whatever the state says it is.&lt;br /&gt;
&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Ah, here it is&#8230;</p>
<p>Danny: Money is not created by laws. It is created by a free society choosing whether or not to accept this or that as a medium of exchange.</p>
<p>Martin: Money is a record of credit from an exchange. I give you a gallon of milk. Rather than returning something of comparable value, you return documentary evidence that I have parted with this value. I am then entitled presently to something of comparable value elsewhere in the market. You possibly obtained the entitlement similarly, but people obtain these entitlements in many different ways.</p>
<p>In other words, you are making the case that money is whatever the state says it is.</p>
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		<title>By: Randy</title>
		<link>http://cafehayek.com/2008/09/money-and-polit.html/comment-page-1#comment-30036</link>
		<dc:creator>Randy</dc:creator>
		<pubDate>Tue, 09 Sep 2008 08:20:09 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wordpress/?p=3060#comment-30036</guid>
		<description>&lt;p&gt;Martin,&lt;/p&gt;

&lt;p&gt;&lt;i&gt;&quot;Please be more specific. Precisely, what coercion have I supported?&quot;&lt;/i&gt;&lt;/p&gt;

&lt;p&gt;You have supported state coercion to penalize spending that is not directed towards state approved &quot;investments&quot;.  You have supported state coercion to force children to care for their parents.  That was a few months ago.  I haven&#039;t really read your money posts above critically, but I would be willing to bet that the bottom line on them is a preference for some form of state coercion.  Am I wrong?   &lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Martin,</p>
<p><i>&quot;Please be more specific. Precisely, what coercion have I supported?&quot;</i></p>
<p>You have supported state coercion to penalize spending that is not directed towards state approved &quot;investments&quot;.  You have supported state coercion to force children to care for their parents.  That was a few months ago.  I haven&#39;t really read your money posts above critically, but I would be willing to bet that the bottom line on them is a preference for some form of state coercion.  Am I wrong?   </p>
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		<title>By: brotio</title>
		<link>http://cafehayek.com/2008/09/money-and-polit.html/comment-page-1#comment-30035</link>
		<dc:creator>brotio</dc:creator>
		<pubDate>Tue, 09 Sep 2008 02:40:33 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wordpress/?p=3060#comment-30035</guid>
		<description>&lt;p&gt;&quot;Ordinarily, muirgeo, you are stupid. Sometime you rise to the level of being merely wrong. Today, you have exceeded your previous best effort; you are spectacularly wrong.&quot; - Russ Nelson&lt;/p&gt;

&lt;p&gt;It looked so good, I thought I&#039;d post it again :)&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>&quot;Ordinarily, muirgeo, you are stupid. Sometime you rise to the level of being merely wrong. Today, you have exceeded your previous best effort; you are spectacularly wrong.&quot; &#8211; Russ Nelson</p>
<p>It looked so good, I thought I&#39;d post it again <img src='http://cafehayek.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: Hans Luftner</title>
		<link>http://cafehayek.com/2008/09/money-and-polit.html/comment-page-1#comment-30034</link>
		<dc:creator>Hans Luftner</dc:creator>
		<pubDate>Tue, 09 Sep 2008 00:55:33 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wordpress/?p=3060#comment-30034</guid>
		<description>&lt;p&gt;&lt;i&gt;You could simply fly to work, catch rain on your roof top and share your kitty&#039;s litter box.&lt;/i&gt;&lt;/p&gt;

&lt;p&gt;I actually think that, depending on where I lived, your government would prevent me from doing all three of those things if it knew about it.&lt;/p&gt;

&lt;p&gt;I &lt;i&gt;was&lt;/i&gt; very happy with my privately run trash pickup, before the city compelled us all to use theirs. &lt;/p&gt;

&lt;p&gt;Is there a law where you live that forbids transportation other than your personal gas-powered automobile, or is your analogy flawed?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p><i>You could simply fly to work, catch rain on your roof top and share your kitty&#39;s litter box.</i></p>
<p>I actually think that, depending on where I lived, your government would prevent me from doing all three of those things if it knew about it.</p>
<p>I <i>was</i> very happy with my privately run trash pickup, before the city compelled us all to use theirs. </p>
<p>Is there a law where you live that forbids transportation other than your personal gas-powered automobile, or is your analogy flawed?</p>
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		<title>By: muirgeo</title>
		<link>http://cafehayek.com/2008/09/money-and-polit.html/comment-page-1#comment-30033</link>
		<dc:creator>muirgeo</dc:creator>
		<pubDate>Tue, 09 Sep 2008 00:45:19 +0000</pubDate>
		<guid isPermaLink="false">http://localhost/wordpress/?p=3060#comment-30033</guid>
		<description>&lt;p&gt;muirgeo writes &quot;The main point to me is that the issues of economics are ultimately issues of political philosophy.&quot;&lt;/p&gt;

&lt;p&gt;Ordinarily, muirgeo, you are stupid. Someime you rise to the level of being merely wrong. Today, you have exceeded your previous best effort; you are spectacularly wrong. Economists describe laws, not opinions. If you think politicians can vote on the valued of pi to make it a rational number, you are sadly muirgeo. Just as &#039;boycott&#039; used to be a name, your name has become here a noun meaning &#039;spectacularly wrong, with fireworks&#039;.&lt;/p&gt;

&lt;p&gt;Posted by: Russ Nelson &lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
No inconsistency at all in what I wrote. Maybe the word economies could be substituted for economics but the obvious point was that economies depend dramatically on the political systems in which the operate. This is a critical issue in discussing economies and politics but of course the fact is you&#039;re simply more interested in a chance to flame then really discuss anything of substance. Vacuousness is the noun that comes to mind.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>muirgeo writes &quot;The main point to me is that the issues of economics are ultimately issues of political philosophy.&quot;</p>
<p>Ordinarily, muirgeo, you are stupid. Someime you rise to the level of being merely wrong. Today, you have exceeded your previous best effort; you are spectacularly wrong. Economists describe laws, not opinions. If you think politicians can vote on the valued of pi to make it a rational number, you are sadly muirgeo. Just as &#39;boycott&#39; used to be a name, your name has become here a noun meaning &#39;spectacularly wrong, with fireworks&#39;.</p>
<p>Posted by: Russ Nelson </p>
<p>
No inconsistency at all in what I wrote. Maybe the word economies could be substituted for economics but the obvious point was that economies depend dramatically on the political systems in which the operate. This is a critical issue in discussing economies and politics but of course the fact is you&#39;re simply more interested in a chance to flame then really discuss anything of substance. Vacuousness is the noun that comes to mind.</p>
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