Economics emerged as a distinct, self-conscious science or discipline in the nineteenth century, and hence this development unfortunately coincided with the dominance of utilitarianism in philosophy. The social philosophy of economists, therefore, whether the laissez-faire creed of the nineteenth century or the statism of the twentieth, has almost invariably been grounded in utilitarian social philosophy.
In case you haven’t already read it, see my analysis of the American health care system which exposes some of the lies of Michael Moore by pointing out that it is far better compared to other countries’ health care systems than he would have you believe and that it’s real shortcomings is due to government intervention.
...when a budding author sent typed chapters of Jane Austen’s novels to 18 [publishers], changing just the titles and characters’ names, only one recognised her words.
Another managed to recognise they were ‘a really original read’. But the rest simply rejected them or never responded, according to the man who posted the manuscripts, David Lassman.
“It was unbelievable,” he said.
Somehow I can’t stop watching this
For subscribers, here’s the link:
The CPI release this month features its usual aggregation and concludes that prices are rising 5% per annum. But take a look at specifics. If your main thing is driving around and burning fossil fuels, your compounded annual rate of price inflation over three months is a whopping and devastating 32%.
