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Amaro Koberle’s avatar
Amaro Koberle, 5 months ago·#1425·· Collapse

There's this nice bit in Man, Economy & State where Rothbard explains that durable goods can be broken down into their unit services (not sure that's the term) and that all durable goods get used up as they provide service.

So I guess someone would reduce the serviceable lifespan of the bike by using it during the times that you aren't using it.

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Dennis Hackethal’s avatar
Dennis Hackethal, 5 months ago·#1426·· Collapse

Yeah. And if he takes it against your will and replaces it with a brand new bike it’s still theft.