Only free trade is fair trade

A unit of currency, even those based on elements with empirical worth, has absolute value. But this value is relative, both against other systems of measurement and in context of time and shifting events. Fiat money, like the American dollar, derives its worth as a unit from government-mandates and regulations, making it much more malleable than non-fiat currency, which is based in a commodity, such as gold, with intrinsic value. Yet, even the values assigned…

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The perverse morality of statism

Civilization, with its promises of equal and impartial justice, creates a balance between men. Long-term self-interest mandates that the pursuance of individual betterment not alienate one’s neighbors. One day they may prove imperative to survival. Each person is held in check by fear of righteous vengeance sought by the party they wronged with the help of the state. This fear is aided by the reflexivity of rights, for each man can imagine that the anger…

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