Foreword and Acknowledgements
From the first edition of Robert P. Murphy’s Chaos Theory: Two Essays on Market Anarchy.
Narrated by Jock Coats.
From the first edition of Robert P. Murphy’s Chaos Theory: Two Essays on Market Anarchy.
Narrated by Jock Coats.
Ayn Rand's books sell between eight hundred thousand and a million copies a year. Her first novel We the Living was admired by Mencken. Night of January 16th opened on Broadway. Her major novel The Fountainhead (1943) was "masterful". Atlas Shrugged (1957) was Rand's magnus opus.
When the enemy is at the gates, the individual abdicates his self-reliance and places himself unreservedly under the direction of the captain; he g
The weakness of a benevolent despotism is that there is no guarantee that it will remain benevolent. The Social Welfare State, the modern liberals' goal, is essentially a Germanic concept.
There is a reason for Krugman to pursue this false narrative, and it is not because he actually believes it.
Democracy may be a self-limiting disease, as civilization itself seems to be. There are thumping paradoxes in its philosophy, and some of them have a suicidal smack.
The unseen effect that is missing in his "Broken Window" analysis is the diversion of time and energy from a community-enhancing endeavor (the unseen) to one of restoration (the seen).