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Showing posts from July, 2020

Reclaiming Your Sovereignty

Like an overgrown jungle, the state has become so all encompassing that the path to reclaiming one's individual sovereignty can at times, be difficult to even see. Here is an attempt to clear the weeds.  What follows are 3 simple steps everyone can take, designed to drastically reduce dependance on the parasitical, political class... Step 1. Read Rothbard Read Rothbard & Hoppe, to know & understand freedom. This is the most difficult step, because it requires you to question everything you’ve ever been taught - from the moment of your birth up until now. Understand Rothbard’s invocation of natural law in defense of Lockean homesteading theory. Then, learn why Rothbard said Hans Hoppe’s Argumentation Ethics made his natural law defense seem positively weak. When you understand this, you’re ready to move on. Step 2. Be Your Own Bank Be your own bank, because a Goldman Sachs debt slave can’t be free. Cut your shackles & release yourself from the bondage of Federal Reserve

Minecraft Economics: How the Nether Update uses the Subjective Theory of Value

What is an emerald worth in Minecraft? An emerald is the currency used in the popular game Minecraft for trading with NPCs called villagers and wandering traders. Emerald ore is an extremely rare resource in the sandbox world, yet every employed villager has quite a few to trade with the player. However, players have wondered how the emerald compares with real world currency. One YouTube Video by GameTheory tried to find this answer. First, they tried to convert it by comparing the USD cost of bread with the cost of bread in the game, but found that conversion does not translate to other goods. Next they used the labor theory of value to try to determine the USD to emerald conversion, but again came up with a nonsensical conversion. Finally, they tried to assume emeralds have an inherent value in real life and work backwards to determine the in-game USD cost. After using all of these methods, they come to the accurate conclusion that it's not really possible to convert