I spoke recently to the splendid Professor Gerard Casey about his philosophical notions of property, before moving this on to talk about money (as property), Cyprus, Iceland, Ireland, and other related issues…
Episode 120: The GoldMoney Foundation’s Andy Duncan talks to Professor Gerard Casey of University College Dublin (www.ucd.ie/philosophy/staff/gerardcasey/). They discuss the philosopher’s views on property and the implications of the recent levy on Cypriot bank deposits.
Professor Casey explains why there is a need for property and how the notion of property evolved historically. They go on to talk about how this relates to money and legal tender laws which are essentially the monopolisation of counterfeit.
Talking about Cyprus, Casey states that wealth confiscation can come in different guises — upfront via taxes or hidden via inflation. He points out the unintended consequences of the Troika’s strategy in Cyprus as the taxation of depositor’s bank accounts is leading to a flight from the banks which the confiscation was supposed to rescue from insolvency. It also reveals that no property is safe in the EU.
Finally they discuss the chances of a euro break up; Casey’s book on Murray Rothbard; and the appointment of the new pope.
This podcast was recorded on 23 March 2013 and previously published at The Euro Vigilante.