Hayek on the Difference between Science and Scientism
Modern progressive governance claims it has science on its side. Hayek‘s Nobel speech punctured that viewpoint.
Modern progressive governance claims it has science on its side. Hayek‘s Nobel speech punctured that viewpoint.
Progressives blame all the recent wildfires on "climate change," but the real culprit is government mismanagement of public forests and grasslands. The recent fire at the North Rim of the Grand Canyon is yet another example.
When socialist Evo Morales was elected president of Bolivia, he received favorable press from the western media. Like most socialists, however, his government turned tyrannical. Disqualified from office, he and his followers now seek to stage a coup to return him to power.
A government that rules by imposing politically-oriented statutes upon its citizens cannot lay claim to governing by “rule of law.” Hayek understood that claiming “legality” to anything the state does is a sure road to tyranny.
Although most political attention is focused on the US presidency, James Bovard pleads guilty to contempt of Congress. This is the Congress that is spending and borrowing the country into financial oblivion, but never taking the blame for the results.
There are many reasons for disliking the Federal Reserve. However, many critics of the Fed attack the Fed for the wrong reasons.
Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.
Innovations aren‘t very useful unless they serve consumers in the marketplace. Otherwise, we‘re pursuing innovation for its own sake, and that isn‘t progress.
American corporations are lavishing billions of dollars on leftist groups in the name of “equity.” But many of them are also donating to even more questionable people and causes.
Let's look at some of the reasons why President Trump and his supporters are so obsessed with demanding that the Federal Reserve force down interest rates even further.
The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.
The poet, the opera, and the Terror: when art dares to confront the violence of power. How one artist portrays the French Revolution and the political terror it unleashed is a grim reminder of what today's Bastille Day celebrations ignore.
Bob dismantles the arguments supporting the Federal Reserve and presents a clear strategy for its abolition and replacement.
The origination of money is a ground shaking, mind altering realization of how the world works.
Murray Rothbard called egalitarianism a "revolt against nature," and he believed that the egalitarianism inherent in the Fourteenth Amendment was socially harmful. Social engineering never turns out well, but that doesn't discourage progressives from engaging in it.
Critics of free markets such as Oren Cass claim that Austrians and other supporters of the free economy are engaged in “market fundamentalism.” However, support for free markets is not an act of blind faith but is based upon understanding of how markets actually work.
The P&M group discusses Trump’s reversals, capitulations, and outright failures to fulfill popular campaign promises, and what Trump supporters should take away from all this.
Throughout history, decentralization and secession have helped pave the way for more individual freedom. Naturally, political elites want to centralize everything, thus setting off the eternal battle between centralizers and decentralizers.
When does philosophy degenerate into simple propaganda? In this week's Friday Philosophy, Dr. David Gordon examines the writings of Jürgen Habermas, concluding that much of what Habermas said was little more than ginned up Marxism.