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The Dead, the Dumb, and the Rational

What sets "us" apart from the rest of the universe? Dead things don’t reason, choose, or act. They just react. They are mindless assemblages of particles which only respond slavishly to the impulses given them. Dumb animals don’t...

Posted to Lilburne @ Mises by Daniel James Sanchez on Fri, Jun 19 2009

Filed under: Human Nature

Know Thyself

"The true science and study of man is man." -Pierre Charron In the 5th century B.C., the Greek sophist Protagoras wrote, "Man is the measure of all things." This statement is generally taken to refer to subjective truth, such as whether...

Posted to Lilburne @ Mises by Daniel James Sanchez on Fri, Jun 19 2009

Filed under: Epistemology, Human Nature, Thales, Protagoras, David Hume

From Watery Chaos

Cosmologies, like Hesiod's Theogony , are accounts of the beginnings of the universe, and they generally also, through the course of telling the universe’s origins, tell of the universe’s workings: i.e., why the sun rises every day. Cosmology...

Posted to Lilburne @ Mises by Daniel James Sanchez on Fri, Jun 19 2009

Filed under: Cosmology, Mythology

The Worldview of the Metaphysical Dualist

This post is one in a series on the History of Epistemological Thought . Previously in this series: The Worldview of the Physiologos The physiologos (discussed in a previous post ) explained all phenomena in the universe according to the interplay of...

Posted to Lilburne @ Mises by Daniel James Sanchez on Fri, Jun 19 2009

Filed under: Pythagoras, Pythagoreanism

Bierfeldt and Ron Paul Hire the ACLU to file a lawsuit. Oh Lord....

Ron Paul is a man who is often misunderstood, and misrepresented, by the media and the general public alike. A man with a strong Austrian streak who has written articles and pamphlets for this very website, also ran for the Republican nomination for the...

Posted to A Discourse on Current Events by duffmann808 on Fri, Jun 19 2009

Economics in One Lesson校译之7. The Curse of Machinery (4-1)

The Curse of Machinery 第7章机器之祸 AMONG THE MOST viable of all economic delusions is the belief that machines on net balance create unemployment. Destroyed a thousand times, it has risen a thousand times out of its own ashes as hardy and vigorous as ever...

Posted to dingdong by Dingdong Pu on Fri, Jun 19 2009

2 millones de dólares de multa a mujer que descargó 24 canciones de forma ilegal por internet

La multa puesta a la mujer por descargar música en forma ilegal es el primer caso sancionado en Estados Unidos. Es el primer caso de descarga de música que se ha resuelto en los tribunales de Estados Unidos. La acusada deberá pagar...

Posted to Rodrigo Diaz by Rodrigo Diaz on Fri, Jun 19 2009

To Ron Bailey: yes, an "invisible hand" controls population, but property rights & rule of law are not universal and, as Mises noted, require effort

...

Posted to TT's Lost in Tokyo by TokyoTom on Fri, Jun 19 2009

Filed under: tragedy of commons, mises, Ron Bailey, Kuznets, Tierney, Hardin

Redistribution lowers standard of living

The arguments that support progressive taxation and the redistribution of income can seem convincing to even the most logical person. Sometimes an economist will justify heavy marginal income taxes on the rich by showing diminishing marginal utility curves...

Posted to Ethics and Economics by fezwhatley on Thu, Jun 18 2009

A View from the Trenches, June 18th, 2009: "The markets are castling"

One has the feeling the markets are sort of “castling”, as in a chess game. Castling is an interesting move. It allows reassigning resources (the rook) but also, in my opinion, it puts the ball back in your opponent’s court (the Fed...

Posted to A View from the Trenches by Martin Sibileau on Wed, Jun 17 2009

Krugman's Intellectual Waterloo

On Monday evening, Lew Rockwell, from a tip by someone named "Travis", posted this damning quote of Paul Krugman's from a 2002 New York Times editorial : “To fight this recession the Fed needs…soaring household spending to offset...

Posted to Lilburne @ Mises by Daniel James Sanchez on Wed, Jun 17 2009

Filed under: Paul Krugman, Current Events

The Worldview of the Physiologos

This post is one in a series on the History of Epistemological Thought . Previously in this series: The Worldview of the Theologos As I discussed previously , Aristotle distinguished between thinkers who were theologi and thinkers who were physiologi...

Posted to Lilburne @ Mises by Daniel James Sanchez on Wed, Jun 17 2009

Filed under: Aristotle, Thales, Anaximander

Conclusion

We can see how the concept of the plan can be used to create a theory of institutions that takes into account the complexities of the social world. These institutions help to generate coordination in society and reduce the uncertainty caused by the subjective...

Posted to Kaleidic Society by ziragt on Wed, Jun 17 2009

The United States Versus North Korea

Actually I'm not sure we would win. Not that we don't outgun them, but that place is a lot like Afghanistan. Very mountainous and overflowing with patriotic fervor. I won't call them fanatics because they have good reasons for acting the way...

Posted to Not-a-Lemming by FutbolGuru on Wed, Jun 17 2009

Filed under: Communism, Freedom, Juche, KWP, propaganda, North Korea, DPRK

A View from the Trenches, June 17, 2009: "What if new Fed debt is the exit strategy?"

Last Friday, June 12th, Barclays Capital’s “Global Weekly Rates” report suggested that a possible exit strategy for the Fed may consist in the Fed’s issuance of debt. The hypothesis is not new. But from all the publications I read...

Posted to A View from the Trenches by Martin Sibileau on Tue, Jun 16 2009

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The Dead, the Dumb, and the Rational

Know Thyself

From Watery Chaos

The Worldview of the Metaphysical Dualist

Bierfeldt and Ron Paul Hire the ACLU to file a lawsuit. Oh Lord....

Economics in One Lesson校译之7. The Curse of Machinery (4-1)

2 millones de dólares de multa a mujer que descargó 24 canciones de forma ilegal por internet

To Ron Bailey: yes, an "invisible hand" controls population, but property rights & rule of law are not universal and, as Mises noted, require effort

Redistribution lowers standard of living

A View from the Trenches, June 18th, 2009: "The markets are castling"

Krugman's Intellectual Waterloo

The Worldview of the Physiologos

Conclusion

The United States Versus North Korea

A View from the Trenches, June 17, 2009: "What if new Fed debt is the exit strategy?"