Proof Austrian economics is far more accurate than Bernanke’s keynesian pseudo-scientific economics.
Monthly Archives: June 2011
I refuse to believe that someone can be to ignorant.
In Ancient Greece sophists were teachers who taught virtue, which in those days generally meant the art of statesmanship, to young men rich enough to afford their services. Sophistry, as their art was called, is a trade much criticized in the dialogues of Plato, where Socrates attacks not only the practice of teaching for a […]
The narrator and Marla look on as the headquarters of “major credit card companies” collapse.
From the Guardian: Decline and fall of the American Empire Key passage: “Let me put an alternative hypothesis. America in 2011 is Rome in 200AD or Britain on the eve of the first world war: an empire at the zenith of its power but with cracks beginning to show. The experience of both Rome and […]
This article from Slate does a very decent job at explaining how bad the economic situation is and will most likely remain so for the foreseeable future. Then near the end, the classic Keynesian slip, “That is not to say that there is nothing to be done, of course, or that the current state of […]
Throughout the twentieth-century the American right slowly lost all influence inside academia. How and why this happened is a discussion for another post (Allan Bloom’s “The Closing of the American Mind” is a good place to start) but what is certain is that today the elite academic institutions in the United States are completely controlled […]
Ben Franklin, November 1766 I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. In my youth I traveled much, and I observed […]