The Fed Won’t Bring Down Price Inflation without a Recession
The Reuters headline reads:
Fed needs a recession to win inflation fight, study shows
The Reuters headline reads:
Fed needs a recession to win inflation fight, study shows
Human Rights: Fact or Fancy?
by Henry B. Veatch
LSU Press, 1985; xii + 258 pp.
Henry Veatch was one of the foremost philosophers of the twentieth century, though sadly neglected by most contemporary analytic philosophers. He was a resolute defender of Aristotelian ethics against rival ethical systems, and in this week’s column, I’d like to look at an argument which he deploys against these rivals in his book Human Rights: Fact or Fancy?
It is tempting, as Naomi Wolf has done recently, to ascribe the breakdown of Western civilization to the debasing of “Judeo-Christian” ethics and the reemergence of malignant supernatural forces. Witnessing the many assaults on the infrastructure and social order of the United States of late, I wouldn’t rule out metaphysical causality either.
“Economics,” wrote Henry Hazlitt, “is haunted by more fallacies than any other study