Every year during the first two weeks of August the mass news media and many politicians at the national level trot out the “patriotic” political myth that the dropping of the two atomic bombs on Japan in August of 1945 caused them to surrender, and thereby saved the lives of anywhere from five hundred thousand to 1 million American soldiers, who did not have to invade the islands.
Henry Hazlitt strongly recommended this book for all students of the social sciences. It had a formative influence on his life. In fact, it is the book that taught him how to think.
And not only Hazlitt. William Stanley Jevons’s book was the seminal contribution that educated many generations of English and American scholars that crucial discipline of logic. It teaches the rules for thinking. Now, this was a subject that every student once had to take, and not in college but quite early in life, and certainly by high school.
[This article is excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith. An audio version of this Mises Daily, read by Jeff Riggenbach, is available as a free download.]
[This article is excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith. An audio version of this Mises Daily, read by Jeff Riggenbach, is available as a free download.]
[This article is excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith. An audio version of this Mises Daily, read by Jeff Riggenbach, is available as a free download.]
On Tuesday the Federalist Society at Campbell Law in Raleigh, NC hosted a debate between a Federal Reserve economist and me. The topic was, “Did the Fed avert a second Great Depression?”
[This article is excerpted from chapter 18 of Human Action: The Scholar’s Edition and is read by Jeff Riggenbach.]
Frum and I have gone back and forth on the gold standard in the past, and I don’t want to repeat those arguments.
