3 votes

Free market principles

Ok DP, I would really like a good response here from the smart minds of this site. Maybe someone can get the good doctor to comment, I don't have those sorts of connections.

During the rally in Tampa, Ron Paul told us that the people need to know freedom and free markets are in their best interest or else they will reject these ideas. I'd like to discuss the latter.

I would like if the intellectuals on the DP could please give some ideas as to what the message should be regarding free markets and why they would benefit the masses. I haven't yet solidified how to communicate this well enough. We really need to do a better job at getting this message out.




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Simplified?

I've been working on this question and competitive answers for many years, even before I found Ron Paul on newsgroups back in the 1980s.

I can show you, or anyone, how Free Market's work from the very simplest to the most complicated arrangements of symbols in English or Math.

The simplest way to explain Free Markets involves one word:

Liberty

If the person trying to grasp the concept of Free Markets is unaware of the meaning of Liberty, then they will obviously have a hard time grasping the concept of Free Markets.

A more complicated approach to explaining Free Markets is to explain the opposite of Free Markets in a side by side comparison, or a contest, or a competition, to see how Free Markets work when Free Markets are up against the opposite of Free Markets.

The concept of Liberty can then be explained as the Free Choice to pick Free Markets or the Free Choice to pick the opposite of Free Markets, but only when the opposite of Free Markets is understood, not before.

So, there is a need to either know Liberty first, or without that understanding there is a need to know the opposite of Free Markets compared to Free Markets, and then having two things in view, two competitive things in view, the person being "taught" how Free Markets work, can exemplify how Free Markets work, with their own voluntary choice.

Money markets help greatly when trying to explain how Free Markets work, but there is so much in the way of the opposite of Free Markets working today, in our culture, world wide, that is against Free Markets in money markets, that many people have trouble grasping the concept of Free Markets in money markets.

So...back to square one, the simplest explanation of a Free Market involves the understanding of the concept of Liberty, and without a solid foundation on the workings of Liberty, the student and teacher can employ their own free will, by looking a any competitive choice of any kind, and in so doing the concept of a Free Market is thereby exemplified, and since Free Market Legal Money Market Choices, are much too complicated, a simpler choice works better in many cases.

Such as:

1.
1 pound of sugar priced at 1 unit of money (dollar, euro, silver, etc.)

2.
1 pound of sugar priced at 2 units of money (same denomination)

You being the teacher of a Free Market principle, by exemplifying the concept, ask the student if they walk into a store, or find a web page on-line, and there are those two choices in front of you on the same shelf at the store, or on the same web page on-line, asking, you asking the student, to pick one of the choices.

You ask the student of Liberty, which is the student of a Free Market, if they would pick the same amount of sugar for sale at half price, or will they pick the same amount of sugar for double the price, if sugar was supplied in a Free Market.

The natural law, the common sense law, at work is for the human being to pay less to get more, and that is demonstrated over and over again, with very few exceptions.

If the student picks the same sugar at double the price, then a discussion concerning why the student would do so could occur, but in reality, there is no choice, the higher quality and lower cost option is naturally picked, in a Free Market, when one exists.

When a Free Market does not exist, when the opposite exists, there are no choices, there is only one supplier of sugar, and it is probably counterfeit, and no one can afford the price, but everyone is told to pay the price, to obey, without question.

So, which is the better choice, if a person knows that there is a choice, between a Free Market and Absolute Despotism?

Which, if the two choices are on the shelf, will the individual human being choose if the individual can afford to choose between Liberty and a slow miserable death as a slave?

The choice boils down to a choice between a combined FORCE of individual choices that inspire people to produce higher quality and lower cost, competitive, products, in a Free Market, in Liberty, where the cost of living is steadily going down, and the standard of living is steadily going up, because people choose that path instead of the opposite path, where on the opposite path the few who are the best at deception, the best at threatening, the best at violence are allowed to choose that path, to steal all the power, and then use the stolen power to steal more.

Free Market IN Liberty, voluntary choices, OR, abject misery in complete destruction of life on earth?

If people don't wake up to the facts, the lesser of two evil choices, which are false choices, will win.

Go the opposite direction, the 1 pound of sugar priced lower, as ONE example among many, and what happens to the total aggregate direction of all those types of Free Market choices in Liberty.

1.
More for less (natural desire for good)

2.
Lesser of two evils (false choice, evil)

Joe

Unfortunately, it cannot be

Unfortunately, it cannot be described and understood to someone with no point of reference. It has to be experienced first hand to be understood.

The pocket book, or wallet, approach?

A more complicated way to demonstrate how Free Markets work involves the example of Money Markets, but that is reaching, since the simple approach of explaining Liberty, if that fails, makes it less likely that a more complicated approach is going to work.

Suppose, however, that someone does want to know Free Markets, and that someone is willing to sit and listen to a Money Market Free Market explanation?

Rare as it may be, it does sometimes work.

You can say, to the student, open your wallet, get out your savings account, get out your retirement accounts, and get out your tax forms, State, and National, and any other tax form.

Ask if they have a choice as to which money they use in their wallet, pocket book, purse, savings account, tax payment, anything, ask if they have a choice.

If they say yes, then ask why do they choose that money instead of better money.

If they say no, then ask if they would choose better money instead of that money, and ask if they would be able to quantify better money if they saw better money, how would they know it: what makes the better money better?

If that does not work, that method, then either the teacher is not one or the student is not one, or both are neither.

Beating dead horses are worth the effort, compared to watching television, if the idea is to work up a sweat, burn some calories, and stay in shape, and do something other than obey abject belief in falsehood without question.

Joe

Cyril's picture

Laissez-Faire basics and on the true role of free interest rates

Laissez-Faire basics and on the true role (i.e., economic function) of free (non-regulated) interest rates

Have you seen this ?

On money supply, interest rates, and save vs. spend signals / invest vs. lower costs :

http://www.laissez-faire.me/Economics

On labor and cronyism hazards :

http://www.dailypaul.com/256046/how-the-minimum-wage-is-not-...

'HTH,

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

I like the video laissez

I like the video laissez faire economics and feel like I've seen it before. Is there a transcript of that somewhere that you know of? I like to call the AM radio show from time to time and share these types of ideas.

The founders would be ashamed at us for what we are putting up with.

Cyril's picture

Also, for something much more spontaneous

Also, for something much more spontaneous, improvised, I sure hope you won't miss to hear CptnMidnite's words :

http://www.youtube.com/watch?v=yfHWChrsYfk

And I DO mean the words - the content - of the message.

Enjoy. :)

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Here is the author of this great work

Here is the author of this great work, very to the point :

http://www.truthinexile.com/about/

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Thank you

I appreciate your willingness to devote time in finding these links.

I believe it is the duty of liberty folks to make the case for free markets.

The founders would be ashamed at us for what we are putting up with.

Cyril's picture

I was thinking of this post of yours as I (just) posted that one

I was thinking of this post of yours as I (just) posted that one :

http://www.dailypaul.com/266429/ron-paul-speaks-on-the-price...

A must-know / read / watch.

For Liberty.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

You're very much welcome, obviously.

You're very much welcome, obviously.

This world of deception needs people like us to fight back thanks to simple and long known truths forgotten.

It really is time!

For Liberty.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Its a tough question. When I

Its a tough question. When I was in college I remember like half the class doing incredibly bad on Econ 101 exams. I found it to be incredibly easy, and its not like I'm really smart either. And I don't necessarily think all those other people were stupid, we were all in the same university after all. I think some people are just wired to not understand economics and its in one ear and out the other.

Ventura 2012

I think any abstract concept

I think any abstract concept can be made understandable, but only if it is shown to them in a way that is personal.

That is what happens when I

That is what happens when I try to discuss basic economics with my own parents. They just don't understand how interest rates affect the housing market. All they will ever think is "lower interest rate is better". If that low rate isn't earned and comes from government force, then all it does is skew the markets and send false signals.

The founders would be ashamed at us for what we are putting up with.