(note the page numbers at the top so you dont read it out of order)







-Irwin Schiff


Full comicbook available here:
http://freedom-school.com/money/how-an-economy-grows.pdf

That's a very cute little bullshit story but then there's reality of how free markets work...
Able says he owns the lake, and his private property rights mean Baker and Charlie can't fish there anymore but if they work for Able he'll pay them each half a fish a day so long as they catch him 5 fish a day each. Then Baker and Charlie can rent a shelter from Able for a quarter fish a day, and don't forget the equipment they are using, that belongs to Able to, because of his God-given property rights and all. Baker and Charlie can rent that off of him too for another 1/8 of a fish a day. Don't forget this is all voluntary mutually beneficial exchange because if Able didn't let Baker and Charlie work for him on his divine private property they wouldn't have any fish at all. Able is a saint, a living deity.

Hence why we have monopoly laws; your entire theory is based off of the concept of monopolies.

Which is not free market. You're just not reading anymore are you

The fishing market above has a population of 3, which is unrealistic. If there were additional people or monopolistic regulation, RiskOfFire's assertion would be false.

This market is a nearly perfectly competitive market, add additional competitors and profits are gone.


/edit

Also, the comic is sound, one has to share their wealth with others in order for that wealth to increase. Otherwise it diminishes over time.

Hence why my economics professors seem to be mostly fiscally conservative at a very liberal university.

This post was edited by PixileDust on Dec 28 2014 12:31pm

Monopoly law is not necessary to rebut a strawman. He failed to rebut anything about the case as presented.
Simply claiming he owns the entire lake is not how it works.
The equipment Able has belongs to him not because of magic or god, but because he took risks and made it himself. Who else should it belong to, You?
The cartoon walks you through the scenario with easily digestible logic and explains how communistic and violent alternatives discourage production and savings.
If someone else wants to use his property, aka the Net, yes if they agree to a deal it would be voluntary mutually beneficial exchange.

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But...The logical resolution to this story would be for Baker and Charlie to meet with Able, and have this kind of conversation. "Since you have become so expert at gathering fish, and we know that you can, and do harvest enough to feed us, we would like to officially name you the Fisherman. I..Baker have found that I can make breads and rolls and pies. So while you are fishing I will be baking the breads for our meals.And the Charlie added " I know it doesn't look like much yet, but the ground that I've been working is planted in corn and green beans and all other kinds of vegetables that I want to continue to grow and tend until harvest time. "So what we'd like to do is combine our work, as varied as it seems it is all to the mutual benefit of the group of us. And in that consideration we believe that all shares of food, be it baked, fish, or vegetable should be split evenly between the three of us"

Baker and Charlie should have laughed at Able the second he claimed that he had magical rights over a lake.

Abe now has time to build spears to enforce his claim over the lake. He can do whatever he likes