This lament is often heard today about medicine and education, among other fields. Business, however, is the last thing medicine and education have been turned into. Bureaus of the government would be a more accurate description. Why the confusion between bureaucracy and business? The simplest answer is that most people do not understand the difference between the two.
The May/June issue of Foreign Affairs, the organ of establishment policy, published The End of National Currency by Benn Steil. Steil begins with a discussion of currency crisis and the incompetence of central banks in managing them; then proceeds to ask:
I recently finished reading A Paper Life, the autobiography of the movie star Tatum O’Neal. I know, in a time of the ever-growing Leviathan, such a diversion is pure Hollywood puffery. However, tidbits of insight can be found in such a book, as seemingly inconsequential stories shed light on the fallacies of government.
Eugen von Böhm-Bawerk was the student of Carl Menger and the teacher of Ludwig von Mises.
Like many intellectuals at the turn of the 19th century, Oscar Wilde was both interested in the problems of society and a proponent of socialism.
Though Wilde was more concerned with criticizing Victorian society via his satirical works than puzzling over the problems of social organization, he did briefly examine social philosophy in his little-known essay, The Soul of Man Under Socialism.
It took twice through, but I’m finally convinced; Beowulf is a wonderful film. There is plenty to recommend it, even if it had stuck to the original plot line.
Nearly every frame is beautiful and riveting. The visuals seemed to have borrowed from the field of gaming, so you can never quite tell if what you are looking at is real or animated. The music is a kick. Beowulf is himself thrilling to watch, as are the monsters, dragons, swords, and, above all, the time: it is set in the 6th century Scandinavia. The viewer is convinced that it must have been something like this.
Environmentalism, it’s been said, is the ideological luxury of city dwellers in modern life, for anyone who lives just outside an urban or suburban environment knows the truth: nature is vicious and cruel and work relentlessly to make the life of man a living Hell.
After the death of Taft and as the Eisenhower foreign policy began to take on the frozen Dullesian lineaments of permanent mass armament and the threat of “massive nuclear retaliation” throughout the globe, isolationist sentiment starting to fade away, even among old libertarian and isolationist compatriots who should have known better.
Old friends who used to scoff at the “Russian threat” and had declared The Enemy to be Washington, DC now began to mutter about the “international Communist conspiracy.”
