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Mises Wire
Author:
B.K. Marcus
Online Publish Date:
Introduction: Education vs Training Dissatisfaction with American “Education” Tinkering with the Mechanics of Education The Educational Theory of Equality and Democracy The Literate Citizen Classical Education Training, Diluted Science, and Big Numbers Drugstore Education The Great Tradition Sound Theory and a Reasonable Precision in Nomenclature
Mises Wire
Author:
Jeffrey A. Tucker
Online Publish Date:
The new issue of Chronicles contains the usual odd mix of anti-statism and statism blended into a strange brew that recalls the Free Silver Populism of the late 19th century (down with taxes and up with inflation! Down with Wall Street and up with protection! ). There are good articles, such as Doug Bandow’s attack on the government census, and
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
[This Study Guide to Human Action , Chapter III is also available in PDF .] “ECONOMICS AND THE REVOLT AGAINST REASON Reason is the primary tool for acting man. The modern revolt against reason was not due to exaggerated claims by the rationalist philosophers. What really happened was that the socialist opponents of the classical economists could
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
In response to mounting controversy over the student loan industry, the House recently passed the Student Loan Sunshine Act by a large margin (414 to 3). The Act would require lenders to disclose any financial relationships they have with educational institutions, and it would prohibit certain questionable activities, such as lenders giving
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
[This Study Guide to Human Action , Chapter VI is also available in PDF .] CHAPTER VI. UNCERTAINTY CHAPTER SUMMARY 1. Uncertainty and Acting Action implies uncertainty of the future. If the future were known, there would be no impetus to action. The praxeologist can recognize this truth without taking a stand on the philosophical question of
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
CHAPTER IV. A FIRST ANALYSIS OF THE CATEGORY OF ACTION CHAPTER SUMMARY 1. Ends and Means The end (or goal or aim) is the result sought by an actor. The means is whatever is used to attain the end. Ends and means do not exist in the physical universe, but rather are the product of a valuing mind as it surveys its physical environment. Praxeology
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
CHAPTER V. TIME CHAPTER SUMMARY 1. The Temporal Character of Praxeology In a logical system (such as mathematics) all of the implications are coexistent and interdependent. It is not true that the axioms of geometry “cause” its theorems to be true, even though a limited human mind must work step by step through a geometrical proof. In the sense
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
[This Study Guide to Human Action , Chapter VII is also available in PDF .] Chapter VII. Action Within the World Chapter Summary 1. The Law of Marginal Utility Acting man must place all ends onto a single scale of values. If he is to choose between (say) acquiring a steak or attending the opera, he must decide which outcome yields the most
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
[This Study Guide to Human Action , Chapter VIII is also available in PDF .] CHAPTER VIII. HUMAN SOCIETY Chapter Summary 1. Human Cooperation Society is the combination of individuals for cooperative effort. People collaborate — form social bonds — because they perceive the greater productivity afforded by the division of labor. This doesn’t mean