Prophet of “Empiricism”: Sir Francis Bacon
The status and reputation of Sir Francis Bacon (1561–1626) is one of the great puzzles in the history of social thought.
The status and reputation of Sir Francis Bacon (1561–1626) is one of the great puzzles in the history of social thought.
Mises was the premier Austrian economist of his generation, whose legacy reveals him to be the greatest economist of the 20th century. Almost singlehandedly, he kept the embers of free-market economics burning during the interwar years.
The status and reputation of Sir Francis Bacon (1561–1626) is one of the great puzzles in the history of social thought. What had he actually accomplished to warrant all the accolades? Essentially, he was the metaempiricist, the head coach and cheerleader of fact grubbing, exhorting <i>other</i> people to gather all the facts.
Friedenberg was among those who regarded US participation in the Vietnam War as an abomination. He had begun expressing his outrage in print in the mid-'60s, though most of it was directed at American public schools rather than at American foreign policy.
Coke's legal-economic philosophy might be summed up in a phrase he used in Parliament in 1621: "That no Commodity can be banished, but by Act of Parliament."
"As long as the easy, attractive, superficial philosophy of Statism remains in control of the citizen's mind, no beneficent social change can be effected, whether by revolution or by any other means."
Rothbard shows that Gresham’s law was introduced not by Sir Thomas Gresham but by the “arrogant, boorish, and feisty” Sir Thomas
The Memoranum did not only denounce debasement and call for a high-valued currency, but it also enunciated "Gresham's law" that the cause of a shortage of gold coin in England was the legal undervaluation of gold.
Jeffrey Tucker interviews Mark Thornton, senior fellow at the Ludwig von Mises Institute, and editor of the new translation of Richard Cantillon