World History

English justifications of absolutism stressed time and again that the subjects must obey the king in any and all circumstances, whether or not the

"And therefore whosoever rebelleth against any ruler either good or bad, rebelleth against GOD, and shall be sure of a wretched end."

From Theory and History Part Three, “Epistemological Problems of History”. Narrated by John Pruden.

From Theory and History Part Four, “The Course of History”. Narrated by John Pruden.

From Theory and History Part Three, “Epistemological Problems of History”. Narrated by John Pruden.

"This is firsthand experience of the truth of Mises's argument against socialism: that without market prices for factors of production, there is no intelligent or rational way to organize society."

Critics condemn economic theory for disregarding the role that power plays in real life.

Dissatisfaction with the Treaty of Versailles, as well as the ravages of the Great Depression, brought Hitler to power in Europe.

But the most effective mechanism ever devised for making effective pooling of our faculties as easy as it can be — the free market — is also the natural result of reducing general laws to a bare minimum and leaving people free to make their own choices about their own values.

Men of influential and privileged status are rarely inclined to toss all their privileges aside to engage in the lonely and dangerous task of worki