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jacob silverman's avatar

Well, I don't think this is as great as you think it is. I do not follow Austrian school economics. When I saw this: "Commerce, producing and trading toward living better lives, becomes the lifeblood." I did not agree at all. Nirvana through trade is a fallacy. Why would just merely trading (or the three-part way Jeffery Tucker puts it: comm, producing, trade) create all of that? Why this belief that "trade" is going to be magic? This is sadly misinformed. This is a total fallacy. At this point out society is falling apart but I do not know the answer. This piece by Tucker has, unfortunately a bit of the "smug" within in itself, no less than maybe others do.

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jacob silverman's avatar

"turned out to be a pipe dream" -hi, this part made me ask what "pipe dream" means. I like the phrase without really understanding the derivation. Does is derive from pipes like the plumbing, or a pipe that you smoke?

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