Nonpraxeological Schools of Thought
Nonpraxeological schools of thought mistakenly believe that relationships between certain events are well-established empirical laws when they are really necessary and logical praxeological ones. And they thereby behave as if the statement “a ball cannot be red and nonred all over at the same time” requires testing in Europe, America, Africa, Asia, and Australia (of course requiring a lot of funds in order to pay for such daring nonsensical research).
The Good Deficits
French Socialism
Is Further Intervention a Cure for Prior Intervention?
The Accelerator and Say’s Law
Keynes vs. Say
Keynes’s “greatest achievement,” according to his admirers, was his famous “refutation” of Say’s law of markets. All that it is necessary to say about this “refutation” has already been said by Benjamin M.
The Market and the Distribution of Wealth
The Inferiority Complex of the Social Sciences
The President Goes to War
[Country Squire in the White House (1940)]
As I write this, the war in Europe has reached a critical stage for the two great empires, England and France. We know that the overwhelming conviction of the American people is that we should stay out of that war. There are some who would like to help the empires as much as possible without going to war. But they are adamant for not becoming involved.
