September 2009 - Posts

Cultural Relativism, Ethical Positivism, and Human Reason
Published Thu, Sep 10 2009 4:31 AM | laminustacitus
The challenge of ethical relativism leaves mankind in doubt about the standards with which it can critique the ethics of a different society on account of the fact that the theory states that societies develop ethics in order to cope with both their physical...
Prices, and Production: Lecture III, Part VI
Published Tue, Sep 8 2009 1:49 AM | laminustacitus
At last, an answer to the question posed in the first lecture, that of how it comes about that the economy cannot utilizes all existing resource (which Hayek attests is “the central task of any theory of industrial fluctuations” 1 ), and without...
Prices, and Production: Lecture III, Part V
Published Fri, Sep 4 2009 2:04 AM | laminustacitus
It is now time to move from a case where credits are given to producers to where consumers are being given credits. Indeed, the general effects of an increase of money via consumers' credits, which will result in an increased relative demand for consumers'...
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Suggested Reading
Published Thu, Sep 3 2009 3:56 AM | laminustacitus
Suggested reading for the coming academic year: Theory, and History by Ludwig von Mises The Open Society, and Its Enemies by Karl R. Popper Objective Knowledge by Karl R. Popper Egypt, Greece, and Rome: Civilizations of the Ancient Mediterranean by Charles...
A Reflection on Aeneas Slaying Turnus
Published Tue, Sep 1 2009 8:23 PM | laminustacitus
“Turnus lowered his eyes and reached with his right hand and begged, a supplicant: “I deserve it all. No mercy, please,” Turnus pleaded. “Seize your moment now. Or if some care for a parent's grief can touch you still, I pray...