What is "counter-economics"?
Vache Folle writes, "I would appreciate your expanding on the concept of counter-economics."
Allow me to defer to the late Samuel Edward Konkin III, who first used the term "counter-economics" in his New Libertarian Manifesto:
"The function of the pseudo-science of Establishment economics, even more than making predictions (like the Imperial Roman augurers) for the ruling class, is to mystify and confuse the ruled class as to where their wealth is going and how it is taken. An explanation of how people keep their wealth and property from the State is then Counter-Establishment economics, or Counter-Economics for short. The actual practice of human actions that evade, avoid and defy the State is counter-economic activity..."In short, a peaceful black market or underground economy is an example of counter-economics in practice.
The most thorough explanation of counter-economics written thus far is in SEK3's New Libertarian Manifesto (link above).
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