Was Paul Heyne an ethicist who thought like an economist or was he instead an economist who thought like an ethicist? It was a bit of both. Heyne‘s popular text, The Economic Way of Thinking, educated a lot of students about how economics really works.
While China has made great strides economically since the days of Mao, nonetheless, there remain a number of weaknesses in the economy. While we should recognize its economic strengths, we should not be tempted to portray China as an economic superpower.
Modern neoclassical economics is based upon the physical sciences, which Austrian economists recognize is an inappropriate way to explain economic phenomena. Ludwig von Mises recognized this fraudulence, calling it “scientism.”
As a bookend to last week‘s critical article on Thomistic Aristotelianism of Alasdair MacIntyre, Dr. David Gordon in Friday Philosophy scrutinizes the libertarian-tolerant philosopher Henry B. Veatch. Dr. Gordon finds Veatch‘s arguments much more tolerable.
At first glance, it might seem extreme—even offensive—to compare anti-fossil fuel climate policies to Stalin’s deliberate starvation of millions during the Holodomor. But in truth, the comparison may be unfair—to Stalin.
If we really want America to be “great” it must first be free.
Accreditation in higher education began as a private effort to identify academic quality. Then the federal government took over the process and demanded that accreditation be based upon political standards.
Nominalist ideas influenced the scientific revolution, shaping its departure from metaphysics, its mechanistic perspective, and the mathematization of all sciences. This paradigm has brought about some errors in economic thinking.
The so-called White House “coverup” of former President Joe Biden‘s dementia was really a coverup by the legacy media, which worked with White House officials to ensure Americans would not know the truth.
In contrast to an ancient agrarian economy, the developing economy presented many risks and costs for lenders, and the idea of what was fair and just in money lending had to change.
