Exchange Economics


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We are relatively free our communities are free; we have the capacity to make free will choices. With freedom comes responsibility. If we are to have freedom those who create costs must pay the costs they create. Every choice we make has costs and every cost that is created must be paid. The primary principle of ethics is that those who create a cost ought to pay the cost. This is the heart of responsibility. Ensuring what ought to be is, is accountability.

Liberalism is based on legal rights and these require the existence of a state. Responsibility becomes a legal requirement fulfilled by following the law. Accountability is simply being accountable to the law and the laws of the state. This creates costs the state creates costs the state cannot pay for because the state does not generate income.

The state is not progressive. The state is regressive. Regressive institutions create cost for others and this is not consistent with progress.