https://youtu.be/6-5-bOGeYUc Locke may have been and indeed was an ardent Protestant, but he was also a Protestant scholastic, heavily influenced by the founder of Protestant scholasticism, the Dutchman Hugo Grotius, who in turn was heavily influenced by the late...
It is not a criticism of reason to acknowledge that no reasoning person or group can have a synoptic view of the world or of society that would enable him or it to rationally plan everything. The faculty of reason is packaged within individual human beings, and no...
F. A. Hayek, the Nobel-Prize-winning economist of the Austrian tradition, provided a possible answer to the question posed in the title. Although Hayek (1899-1992) to my knowledge had nothing to say about the climate controversy, his views on macroeconomics met with a...
https://youtu.be/Od-djgYHnqM Lacking the direct test of success or failure, the voter tends to turn, not to those politicians whose policies have the best chance of success, but to those who can best “sell” their propaganda ability. Without grasping logical chains of...
The popular slogan today is "Believe in science." It's often used as a weapon against people who reject not science in principle but rather one or another prominent scientific proposition, whether it be about the COVID-19 vaccine, climate change, nutrition (low-fat...
https://www.youtube.com/watch?v=rFtlXIfwfQ0 ...the Austrian theory of the trade cycle reveals that only the inflationary bank credit expansion that enters the market through new business loans (or through purchase of business bonds) generates the over-investment in...
There is the ideologically captured mind that squeezes all the complexities, diversities, uncertainties, and serendipities of life into one limited dimension of cause and explanation. One such mind is that of Wellesley College historian, Quinn Slobodian, who sees...
Congress is hard at work on a stimulus bill. Doubtless their efforts will pay off. Does anyone stop to ask what it is about stimulus that stimulates? And what, exactly, does it stimulate? Start by spending a lot of money that the government does not have, borrow the...
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