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Ladies and gentlemen, we’ll continue now with lecture three. Earlier I asked you to identify the primary cause of human failure. What failure, you might ask? Well, you name it. The cause of the failure to build peace in the world, or to build peace in your own home, the cause of the failure to build prosperity in the world, or to build prosperity in your own home. And so, the failure of the individual, the primary human failure, is the failure of the individual to apply science and rationality to identify correctly the causes of those effects that he likes and dislikes.

The truth and consistency of this generalization will be confirmed in the sessions ahead. From time to time I will give you generalizations in advance of the support of those generalizations, but the support will come in future sessions. If we could support everything, if we can support all of optimization theory in one lecture, then we’d only have to give one lecture. Here again are the seven super problems caused by this primary human failure – international war, world starvation, widespread poverty, economic depression, monetary inflation, epidemic crime, failing education, and a lot more. We’ll have a lot more to say about other failures, numbers 8, 9, 10, 11 and 12, and other problems.

If we want to transform these seven super problems into super solutions, what must we do? If we want to go from international war to international peace, we apply science. To go from international war to international peace we have to apply the methods of science to correctly identify the causes of at least two things; One, war. Two, peace. To go from inhumanity and slavery to world humanity and freedom, we have to apply more and better science. To go from world poverty to world prosperity, again, we have to apply more and better science to identify the causes of poverty and the causes of prosperity. To understand the cause of one is to understand the cause of the other.

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Meet the hosts

For more than half a century Jay Stuart Snelson studied, thought, lectured, and wrote about freedom; personal, individual freedom. Snelson envisioned a viable solution to build a sustainable society based on win-win interaction: In order for one party to win, the other must win. This is diametrically opposed to the way it has always been done.

discussions

  • Liberty.Me:Freedom Is a Do-It-Yourself Project by Jeffrey Tucker This is my collection of articles that emerged from this new way of looking at the freedom project. Discussion welcome Kick off the discussion! Questions, comments, observations or elaborations? Either reply here or create a new discussion using the tag Library_Liberty.me

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  • The “Tax Honesty” movement has demonstrated a few things to a lot of people.  To cover a lot with a few words, I’ll put it this way:  The IRS breaks its own rules in order to rob us through deceit. Some people (Irwin Schiff, for example) have suffered because they attempted to protect themselves from the rule-breakers.  There is now a theory popular among liberty-minded people that the government is too corrupt and powerful for anyone to succeed in an effort like Irwin Schiff’s.  There is also some good evidence showing this theory to be wrong.  It’s available at Peter Hendrickson’s website, losthorizons.com. I think that a lot of bureaucrats feel and believe that they are helping society.  This leaves them open to consider fixing situations in which their bureaucracy is breaking its own rules.  And let’s face it, there are some rules that can actually help liberty.  Perhaps the loads of evidence that Hendrickson has on his site can be explained by the presence of such “good-hearted” individuals in the bowels of the IRS. In any case, if you can, please entertain the possibility that the US Income Tax is not being administered honestly.  Consider that maybe, just maybe, in the gargantuan tangle of words called “Title 26,” the legal meaning of the law as it applies to most people is not coercive at all.  Maybe, if it were properly applied, the government would be a nuisance like neighbors who let their dogs poop on your lawn, instead of a nuisance like cancer in your lungs.  It could be true.  I think it is true, and I think that failing to follow all the twists and turns that Hendrickson uncovered to see for yourself that it is true kind of justifies you still being enslaved to a government that steals from you in order to cause havoc all over the planet in a massive deception that justifies its existence. If we want to honor the goodness in all people, including those who have been tricked into serving evil, we can do so by understanding the rules they think they should be following, and using them to protect ourselves from enslavement.

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  • Does this list have anything else that could be added to it? The goal is to have a checklist that could be used to check any article on the topic. I would guess most people on this site are aware that arbitrarily raising the cost of labor isn’t the best way to help workers.

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  • Hello, I’ve become quite keen on Jeffrey Rogers Hummel views on inflation. https://fee.org/articles/governments-diminishing-benefits-from-inflation/ That governments don’t get as much cash money as they used to from Seigniorage(money printing)…becuase of some details of the modern banking system. Hummels view is that the US Gov is more likely to actually default on it’s bonds than print it’s way out of it’s financial problems as so many of us libertairans often predict. Any way…. how are people actually calculating the revenue states are getting from seigniorage? There is constant mention to specific statistics in his works on what revenue governments make from printing money…but how are economists attempting to calculate this so exactly? “Almost none of the developed countries could boast seigniorage amounting to more than 1 percent of GDP, despite the fact that the study incorporated the inflationary years of the 1970s. Joseph H. Haslag’s smaller sample of 67 countries over a longer period, 1965 to 1994, finds that seigniorage averaged about 2 percent of total output for the entire sample, ranging from as low as 0.25 percent to as high as 9.98 percent (for Ghana).” However, I’m not smart enough to figure out how this is being calculated? When I Google — I see Seignoarge defined as the cost to money vs what the money is worth. (if it costs 1cent to print a dollar bill than Seigorage is 99cents). Pennies have negative seigniorage — cost the Gov more to mint than 1 cent.) But for the point Hummel is making it seems like a more sophisticated calculation? How did people figure out that for example in WW2 seignorage was 6%? Perhaps this is rather obvious? Thanks! –Luke

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  • Cryptocurrency Opportunists Investors and early adopters of cryptocurrency recognize the inevitable revolutionary change awaiting society and the huge income opportunity before them as they prepare to capitalize on the mainstream public adoption of this new technology trend in the next 24 to 36 months. The purpose of this whitepaper is to bring clarity to the marketplace to help investors and early adopters recognize where real value and opportunities lie. – Bob Wood , CEO, Nexxus Partners

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