18. In Defense of Extreme Rationalism
I. The Relativism of Hermeneutics and Rhetoric and the Claims of Rationalism
For some time, the philosophy establishment has been under attack by the likes of Paul Feyerabend, Richard Rorty, Hans G. Gadamer, and Jacques Derrida. A movement of sorts that has already won over numerous members of the philosophy profession is steadily gaining ground, not only in such soft fields as literary criticism and sociology, but even in the hard natural sciences.
The Fed’s Money Supply Measures: The Good News—and the Really, Really Bad News
Last week the Fed announced that, retroactive to May 2020, its M1 money stock measure would include savings deposits, which were reclassified as transaction accounts similar to other deposit components of M1 such as demand deposits and other checkable deposits (i.e., NOW accounts and ATS accounts).
Value Is Subjective: Neither Gold Nor Crypto Have “Real Value”
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17. The Limits of Numerical Probability
Both Frank H. Knight and Ludwig von Mises are recognized as founders of intellectual traditions: the Chicago School and the neo-Austrian School of economics, respectively.
Mises U with Murray
I met Murray in 1988 and I will never forget the experience. The story begins the previous year, as I was completing my bachelor’s degree in economics at the University of North Carolina and considering pursuing a PhD. I was familiar with Murray’s writings as a semicloseted Austrian in a mainstream economics program. I had seen an advertisement for some strange group called the “Mises Institute” which was offering fellowships for graduate study in economics, and I eagerly applied.
What Rothbard’s Defense of Religion Teaches Us about Resisting the Covid State
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Murray Rothbard died more than a quarter century before the outbreak of the Covid mania and tyranny, but if he were alive today, he wouldn’t be surprised to see the most common resistance at an institutional level comes from churches.
16. On Certainty and Uncertainty
“The honest historicist would have to say: Nothing can be asserted about the future.” —Ludwig von Mises1
Playing Games with Stocks
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The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available.
