First, a healthy way to think about trade: Canada produces more and better maple syrup and high quality copper than the USA does. Yet the USA’s California wines are better than Canadian wines and the USA produces more hickory lumber than Canada does. So, Americans get more of their maple syrup and copper from Canada […]
Tariffs as tit-for-tat revenge Read More »
Bulletin: Sex and Economics — A Modest Proposal Fellow citizens: Our nation’s sex life is in peril. Surveys show widespread sexual discontent. Market failure is everywhere. Many males complain of not getting enough sex and many females object to constant male looks and advances. Other males are dissatisfied with the options available in their local
From the Office of the Reproducer-General Read More »
The Enlightenment of the long 18th century was an era of awesome intellectual and cultural transformation. My Enlightenment Vision flowchart [pdf] is pitched at a high level of abstraction, showing schematically how the philosophical revolution of the 17th century led to the 18th-century revolutions in science, technology, politics, and economics — which in turn led
The Enlightenment Vision — Flowchart Read More »
(No peeking at the answer below.) “I want everyone to keep the property that he has acquired for himself according to the principle: benefit to the community precedes benefit to the individual. But the state should retain supervision and each property owner should consider himself appointed by the state. It is his duty not to
Which important leftist said this? Read More »
Ludwig von Mises was, of course, one of the great advocates of a liberal society, including its free-market economy. But here is Oskar Lange, a champion of socialist central planning, suggesting that socialists erect a monument in Mises’s honor: “Socialists have certainly good reason to be grateful to Professor Mises, the great advocatus diaboli [devil’s
Mises as socialist hero Read More »
Reprising this on why some cultures become great explorers and others stay home: the role of metaphysics. “And as for trying to sail down the west African coast, everyone knew that as soon as you passed the Canary Islands you would be in the Mare Tenebroso, the Sea of Darkness: ‘In the medieval imagination [writes
On the dangers of exploration — medieval version Read More »
In his essay “To Perpetual Peace: A Philosophical Sketch,” Kant wrote that “the spirit of commerce, which is incompatible with war, sooner or later gains the upper hand in every state.” Yet Kant was not a friend of the spirit of commerce, which he associated with the Jews, whom he despised as “immoral and vile”
Is commerce rendering war obsolete? Read More »
A quotation from Jane Addams, Nobel Peace Prize winner and Rockford University student on progressivism’s meaning of democracy. “In this effort toward a higher morality in our social relations, we must demand that the individual shall be willing to lose the sense of personal achievement, and shall be content to realize his activity only in
Jane Addams and the progressive mindset Read More »