Stephan Kinsella: the law tries to impose scarcity on knowledge, which is already non-scarce.

In human life, there are two aspects of successful action. That is the actor has to have knowledge. Knowledge that informs him into what ends are possible, and knowledge as to what causal laws there are in the world that lets him choose their means, scarce means, that will help them causally achieve the ends. You have to have means, you have to have actual physical control, causal control over these means in order to achieve what you want. And the scarce means of action, are scarce. There is only so much of them to go around. That’s the way the world is.

The free market heroically despite this, is always seeking to increase abundance. Even though we don’t have infinite abundance the free market is trying to increase abundance. Trying to alter means, find more efficient means of producing goods, lowering costs, increasing abundance. Basically, making things less scarce, even though we will never get away from that completely. So the market is trying to overcome this challenge that we have which is that there is scarcity in the physical world. There is lack of super-abundance but the free market tries to make things more abundant.

But, that’s one ingredient of action, that’s having available these things to achieve our ends. But the knowledge luckily is already non-scarce. Knowledge can be multiplied or copied infinitely. Everyone in the world can know how to bake a cake at the same time. That’s why we have an increasing body of knowledge every generation because the more things people learn, the more it is recorded and transmitted, and learnt by others down the ages. We have this almost infinite duplicable body of knowledge that we can dip into to use. And the more of it the better. So the free market tries to overcome the problem of scarcity in the physical world but the law, tries to impose scarcity on knowledge, which is already non-scarce. So it is kind of a complete perversion.

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