Hence the great irony: Hayek, one of the greatest champions of individual liberty and economic freedom the world has ever known, believed that knowledge was communal. Dewey, the champion of socialism and collectivism, believed that knowledge was indi...
The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all to...
One simple answer is that there has been a massive rise in the incidence of sanctimony and smugness among the successful that has nothing to do with any change in the underlying reality. Rather, it has been stimulated by politicians who have realized...
Perhaps J. P. Morgan did as a child have very severe feelings of inadequacy, perhaps his father did believe that he would not amount to anything; perhaps this did effect in him an inordinate drive for power for power’s sake. But all this would be q...
We’re not so different, you and I. Sure, we may have different religious beliefs, political outlooks, sexual orientations, economic viewpoints, and artistic/literary/culinary tastes, but deep down we both want the same thing: To be loved by a beaut...
Whole columns are devoted to parliamentary debates and to political intrigues; while the vast everyday life of a nation appears only in the columns given to economic subjects, or in the pages devoted to reports of police and law cases. And when you r...
Anyone who says that economic security is a human right, has been to much babied. While he babbles, other men are risking and losing their lives to protect him. They are fighting the sea, fighting the land, fighting disease and insects and weather an...
Wide reading is important. You don’t have to like it, but it’s important to grapple with things you don’t understand. I’ve been spending the last six months getting up an hour early to try to understand economics because I need to. I don’t ...
In the past few years, genetics have confirmed that the hunter-gatherers were not overwhelmed by the new wave of sedentary farmers, and that the first agricultural revolution spread well in advance of its first users, by contact and trade in ideas. N...
People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent...
To be acquainted today with the results of the public opinions on both sides- Palestinian–Israeli -, is a necessary and valuable attribute to the long term viability of the whole peace process. When both public opinions, Israeli and the Palestinian...
Either greed belongs in a war zone, or it doesn't. You can't unleash it in the name of sparking an economic boom and then be shocked when Halliburton overcharges for everything from towels to gas, when Parsons' sub, sub, sub-contractor builds a polic...
There is a lovely feature of the American psyche which rejects the notion that there are victims. In America, attitude is a magical elixir that cures everything. People are supposed to believe that they create their realities, and are solely responsi...
Present global culture is a kind of arrogant newcomer. It arrives on the planetary stage following four and a half billion years of other acts, and after looking about for a few thousand years declares itself in possession of eternal truths. But in a...
Thirty years ago [written 2009], over-regulation, over-taxation, mis-regulation, statism, state corporatism, and economic folly, cosiness and regulatory capture, and a crescent ideological enemy without, who were assisted by enemies – both fifth co...
[first lines] Helinger: Mathematicians won the war. Mathematicians broke the Japanese codes... and built the A-bomb. Mathematicians... like you. The stated goal of the Soviets is global Communism. In medicine or economics, in technology or space, bat...
It was Dostoevsky, once again, who drew from the French Revolution and its seeming hatred of the Church the lesson that "revolution must necessarily begin with atheism." That is absolutely true. But the world had never before known a godlessness as o...
Justice requires not only the ceasing and desisting of injustice but also requires either punishment or reparation for injuries and damages inflicted for prior wrongdoing. The essence of justice is the redistribution of gains earned through the perpe...
the freedom of individuals has – we may presume – an anthropological foundation. This is admittedly a doctrine which cannot be proved or disproved in the normal sense of the word ‘prove’. And yet our hope that freedom is not going to be ultim...
Real arms races are run by highly intelligent, bespectacled engineers in glass offices thoughtfully designing shiny weapons on modern computers. But there's no thinking in the mud and cold of nature's trenches. At best, weapons thrown together amidst...
Pretty quickly, I stopped seeing the company as an engine of community. Instead, I saw it as a mythmaker offering only an illusion of belonging and meeting its customers' desire for connections in form, maybe, but surely not in substance. Once I came...
