"When you accept money in payment for your effort, you do so only on the conviction that you will exchange it for the product of the effort of others. It is not the moochers or the looters who give value to money. Not an ocean of tears nor all the guns in the world can transform those pieces of paper in your wallet into the bread you will need to survive tomorrow. Those pieces of paper which should have been gold, are a token of honor -- your claim upon the energy of the men who produce. Your wallet is your statement of hope that somewhere in the world around you there are men who will not default on that moral principle which is the root of money." ~ Ayn Rand
Libertarianism in 42 Words, 9 Premises and 4 Conclusions
Column by Jakub Bozydar Wisniewski.
Exclusive to STR
1. Intention presupposes liberty.
2. Morality presupposes intention.
3. Property presupposes morality.
4. Exchange requires property.
5. Efficiency requires exchange.
6. Well-being requires efficiency.
7. Coercion negates liberty.
8. Coercion negates morality. (From (1), (2) and (7).)
9. Coercion negates efficiency. (From (3), (4), (5) and (8).)
10. Coercion negates well-being. (From (6) and (9).)
11. Morality, efficiency and well-being constitute humanity.
12. States require coercion.
13. States negate humanity. (From (8), (9), (10), (11) and (12).)
Jakub Bozydar Wisniewski is a philosophy graduate from the University of Cambridge, a three-time summer fellow at the Mises Institute, and a three-time fellow at the Institute for Humane Studies, currently working on a PhD in Austrian Economics in London. He has published in, among others, Independent Review, Libertarian Papers, Quarterly Journal of Austrian Economics, and Reason Papers. Visit his blog at jakubw.com
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