Reason Writers on TV: Associate Editor Peter Suderman Talks Inflation and Agriculture Policy on Freedom Watch

On April 5, 2011, Reason Associate Editor  Peter Suderman appeared on Freedom Watch with Judge Napolitano to talk about food inflation, Federal Reserve policy, and whether parents should need a license to have children. Approximately 10 minutes. 

Comments

[rather]

A libertarian who believes in the status quo of marriage licenses?

[Mr Whipple???]

...is no libertarian, at all. One of the foundations of libertarianism is the inviolability of mutual, private contract.

That was about the shittiest performances I've ever seen from a so-called "libertarian". He sounded like a politician.

Here's a clue, Peter:

INFLATION DEFINED

To be sure, not every rise of prices qualifies as
inflation. Sporadic oscillations should be disregarded.
Nor is it of interest in our context if the
rise has been brought about by an expansion of
gold mining or gold imports. Price levels may rise
under the purest gold standard, but to a limited
extent only. Gold is a very scarce commodity;
paper is not. "Gold-inflation," if any, is self-correcting;
paper inflation is limited only by the total
collapse and repudiation of the currency.
It is the inflation of the money volume-paper
currency. and bank deposits-that creates the fact
and maintains the expectation of a disproportion
between the total supply of goods for sale and the
total amount of purchasing power people have
and are ready to use. Hence the definition; Moneycreation
? is inflationary when the additional purchasing
power has no counterpart in goods and
services people want to buy-when too much
money chases too few goods.
In other words, inflation is a condition of the
economy in which a rising volume of created
money brings about rising production costs, higher
prices, and increasing costs of living.
Inflation tends to "feed on itself." The longer it
lasts, the stronger the expectation that it will continue.
People borrow, spend, and speculate more
freely?than they otherwise would. The money circulation
is accelerated, the average dollar does additional
work, and prices are boosted additionally.

AN
INFLATION
PRIMER
by Melchior Palyi

http://mises.org/books/inflation_primer_palyi.pdf

[gnut]

> One of the foundations of libertarianism is the
> inviolability of mutual, private contract.

Somebody tell the editor of the Atlas Shrugs web site.

Last year, Pam Geller threatened to sue Pay Pal for alleged discrimination against her web site.

The conservatives, libertarians, and Ayn Randians who were quick to condemn Pay Pal conveniently overlooked that Pay Pal was within its rights, and was acting according to the terms of its adhesion contract with Ms. Geller.

[Rather Retarded]

My Daddy didn't believe in marriage licenses. Or incest laws.

[converse magasin]

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[JOhnny MAckson]

That's a lovely accent you've got there. Canadian? LOL

Jess
http://www.anon-lol.com

[Mr Whipple???]

Mmmmm, French Spam.

[Paul Bocuse]

Sacr? bleu!

[chaussures shox]

says no deal, it sets up meetings?there's another one with Boehner Wednesday night. As Republicans say no deal, they take meetings and revisit one-week stopgaps. In the prisoner's dilemma playing out right now, it's important that everyone act as obstinate and offended

[Tory]

to talk about food inflation, Federal Reserve policy, and whether parents should need a license to have children.

If I inflate my children will they eat less?

[Mr Whipple???]

"The Fed can print money, but they can't print wheat."

- Rick Santelli

[Gary Oldster]

Can they print children?

[gnut]

> whether parents should need a license to have children.

via privatopia.blogspot.com

Sunday, April 03, 2011
HOA Wants To Ban Kids From Playing Outside - News Story - WFTV Orlando

VOLUSIA COUNTY, Fla. -- A neighborhood homeowner's association in Volusia County is causing some controversy after it proposed banning kids from playing outside in their own yards.

Officials at the Persimmon Place subdivision in Edgewater are pushing a measure to ban kids from outdoor playing in the community, unless they have an adult with them at all times.

From the linked story:

If the proposal passes, homeowners caught breaking the rules will have to pay a $100 fine.

and

Wednesday, March 30, 2011
Kids' lemonade stand curtailed by their homeowners association

Although Reason has reported in the past about municipal government officials shutting down lemonade stands -- http://www.google.com/search?q=lemonade+site:reason.com -- there is no mention on this site, or any conservative or libertarian web site, of the Prosperity Harbor Homeowners Association doing the same thing to quash entrepreneurial activity by young children. Like the stories of Michael Clauer, Winona Blevins, etc., this too shall be sent down the libertarian memory hole.

McKenzie was right. To libertarians, "private repression is actually freedom because it is based on contract law" (Dec. 03, 2008). Even when any document treated as a contract (SSRN 917926)* fails so many requirements of Rational Choice Theory (a topic way beyond the scope of this comment).

Maybe the 20% of the population fortunate enough to be governed by a "repressive libertarianism" ** form of private government should be required to get permission from their HOA union before having children. Even if it wasn't in the document-called-a-contract when they bought the property, HOA rules can always be unilaterally amended by one party (the HOA union, not the homeowner) at a later date, to regulate individual American home owners without limit.

* "Today, by contrast, it seems widely (though not universally) accepted that if you write a document and call it a contract, courts will enforce it as a contract even if no one agrees to it."

** "'repressive libertarianism,' where certain people who call themselves libertarians invariably side with property owners who want to limit other people's liberties through the use of contract law. Property rights (usually held by somebody with a whole lot of economic clout) trump every other liberty....As private corporations take over more functions of government, this position could lead to gradual elimination of constitutional liberties."

[Sweet M O G]

ban kids from outdoor playing in the community, unless they have an adult with them at all times

Ban adults from indoor playing in the community, unless they have a kid with them at all times.

[heller]

McKenzie was right. To libertarians, "private repression is actually freedom because it is based on contract law" (Dec. 03, 2008). Even when any document treated as a contract (SSRN 917926)* fails so many requirements of Rational Choice Theory (a topic way beyond the scope of this comment).

So people shouldn't be free to make stupid choices? Of course to idiots like you only making the "rational" choice counts as a choice. Being stupid means you're being "privately oppressed." The only stupidity I'm being oppressed by is the stupidity of your comment.

Here's a tip: If you don't like the terms of an HOA, don't buy property that is part of one. I sure as hell wouldn't! But if I did, I couldn't argue I was being oppressed by the terms I voluntarily agreed to when I bought the property from its previous owner. Now please fuck off, moron.

[gnut]

Well, I guess we can stop advocating for "paycheck protection" and "right to work" laws because:

Here's a tip: If you don't like the terms of a labor union contract, don't get a job where mandatory membership in a labor union is a condition of employment. I sure as hell wouldn't! But if I did, I couldn't argue I was being oppressed by the terms I voluntarily agreed to when I took the job. Now please fuck off, moron.

Message from libertarians to workers: pay your union dues and do what your union bosses tell you to do.

[heller]

Also, where did you get the idea that libertarians would support amendment of a contract by only one party? Your ass?

[gnut]

HOA Covenant Takes Aim At Resident's Weapons Business
Wednesday, May 26, 2010 | James Rincon
By James Rincon
Pflag Reporter

A Pflugerville homeowners association approved an amendment that has at least one resident up in arms.

Andrew Clements has lived in Pflugerville for seven years operating an at-home business within the structured serenity of the Falcon Pointe planned community. Earlier this month Clements took steps to start a second business from his home selling guns online, but the HOA won't let him pull the trigger.

"The HOA went out of their way to file an extra covenant to say I can't have that type of business, but any other business is OK," Clements said. "They don't have a problem with all the Avon, Advocare, insurance people, but they're going to be bias to a guy because they don't like firearms."

The Falcon Pointe board, managed by Realmanage property management company, amended its declaration of protective covenants by adding Section 12.24.2, which states:

"The business activity does not consist of the sale of fireworks, incendiary devices or material, firearm ammunition, or firearms, including but not limited to firearms of a size which may be concealed on the person, shotguns, rifles and semi-automatic weapons."

When Bill Clinton enacted regulations to drive 70% of FFL dealers out of business -- most of them home based -- gun rights activists rightly recognized this as part of a strategy to restrict private firearms ownership by choking the supply channels.

Yet when a privatized corporate government does the same thing, the silence is deafening. Is it because being a corporatist tool is more important than defending an individual's right to own guns and property?

If you can point me to some conservative and/or libertarian outrage -- or even just coverage -- over the actions of this HOA union, please do so. Given your nom de plume, I'm sure you were familiar with this story at the time, and posted a comment or two expressing your opinion that you can now link to.

Otherwise I can only conclude that gun rights activists will support gun control as long as the path is The Privatized Toll Road to Serfdom.

[gnut]

> Given your nom de plume

[e-mail] ,

I didn't realize that "heller" was your real name.

I apologize for the mistake.

[Dung DOMight]

Should be interesting to see how that turns out.

http://www.being-anon.int.tc