Generational Wealth: Hesiod versus Aristotle
It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."
It is imperative that we remain realistic in our assessment of human nature and not forget that the basic principles which produced our prosperity still govern human action."
Paul Krugman, e.g., in The Return of Depression Economics and the Crisis of 2008 (Norton, 2008) says "there will have to be an assertion of more government control — in effect, it will come closer to a full temporary nationalization of a significant part of the financial system."
But still more disastrous than the impoverishment the boom produces are its moral ravages. It makes people despondent and dispirited.
Presented at the 2008 Economics and Government Seminar at the University of Waterloo, sponsored by the Institute for Liberal Studies.
This book provides evidence of the abysmal intellectual standards of much of contemporary Continental philosophy. Long-discredited dogmas of Marxism, accompanied by frequent references to Lenin and Mao
Speculative bubbles are financial events that do great damage not only to pocketbooks and balance sheets but to people's perspectives and values.
Recorded at the Mises Institute Supporters Summit, 1 November 2008; Auburn, Alabama.
Recorded at the Mises Institute Supporters Summit, 31 October 2008; Auburn, Alabama.
Recorded at the Mises Institute Supporters Summit, 1 November 2008; Auburn, Alabama. Includes an introduction by Mark Thornton.