In modern America, the terms "fascism" and "fascist" have come to take on a vague meaning to describe anyone whom one considers abhorrent or disagreeable, and any technical understanding of the terms appears now to almost exclusively be held by scholars in the fields of history, political philosophy, and economics. Not only has these terms … Continue reading Book Review | As We Go Marching: A Biting Indictment to the Coming of Domestic Fascism in America – John Flynn
Metrics are created to establish quantifiable ways to determine certain trends, be they positive, negative, or neutral. As far as the metrics appropriately signal what they're intended to represent, they may be quite useful to a certain extent, but unless one is conscious of their limitations, they can be "cheated" and accordingly become misleading indicators. … Continue reading Metrics vs People in Economic Analysis
During the last few centuries, the philosophy underlying Western culture has gradually been molded to increasingly resist and counter religious impulses, the effects of which have manifested themselves especially intensely in recent decades. For better or worse, less and less people seem to believe in any god or religious manifestations, care about its scriptures, or … Continue reading The Role of Faith in the Rational Mind
Given the State's far-reaching involvement in various aspects of our lives today, it's clear that the absence thereof would at least to some degree have led to an alteration of the social and economic arrangements presently characterizing our societies. Anarchists all agree that a stateless society would, generally speaking, turn out better than a Statist … Continue reading Entrepreneurship in a Stateless Society
The process of growth and self-improvement for the individual is to a large extent dependent on following the tracks of others who have come further in life. Early childhood is highly reliant on such imitation, to learn how to walk, speak, read, etc., and likewise must one in many cases seek out help from professionals … Continue reading Vices and Virtues of Tradition
Table of Contents Introduction Reflections on Epistemology The Epistemology of Mathematics From Physics to Economics Economic Thought Before Econometrics The Origins of Econometrics William Petty Leon Walras Methodenstreite: The Austrians vs. the Prussian Historical School Caveats in Economic Statistics GDP CPI Other metrics Causation or Correlation? Are Economic Equations Really Necessary? What is the Purpose … Continue reading The Epistemology of Mathematical Economics and the Austrian Critique
The common perception of Anarchy today appears to be one of chaos and destruction. Without the State, it is proclaimed, violence would immediately ensue; without law, there'd be no deterrent disincentivizing this, and we'd return, in the words of Thomas Hobbes (1660), to an age where "every man is Enemy to every man", and "the … Continue reading Is Anarchy a Faustian Bargain?