Bad Arguments Against Anarchy: Inequality

A recent Facebook post objected: “Libertarians have a stubborn attachment to utopianism.” I initially passed it over, and it was eventually edited to state, “Edit: some libertarians have a stubborn attachment to utopianism.” Somewhere in this comments an objection to anarcho-capitalism emerged. A defense of anarcho-capitalism did interest me to engage, and I recount the … Read more

Non-Becker Rationality and Kahneman Irrationality

This article provides two Ideological Turing exercises: One argument in defense of hard-line Chicago rationality and one in defense of the existence of economic irrationality. I don’t think Gary Becker or any of the big Chicago names (eg Friedman) ever firmly stated that individuals are rational (quick proof and another one), but let’s suppose that … Read more

Utility and Interpersonal Comparisons of Utility

This article describes cardinal and ordinal utility as I understand them and then argues that analysis under cardinal utility is more productive. I also argue for the plausibility of interpersonal comparisons of utility. Ordinal and Cardinal Utility When the preference of A to B is understood in as ordinal we may simply suppose that an … Read more