In Pursuit of Virtue – September Edition

GO! Thesis: there is no good argument for democracy; it is all faith. “Fascist” is a pretty common political insult in modern times. But it seems we do have our own Hitler-isms that fewer and fewer people are ashamed of any more. For example: He suspended the gold standard, embarked on huge public works programs…

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Why Democracy [& Therefore Western Civ] Failed

Via a book review by Steven Pinker: In experiments beginning in the late 1960s, the psychologist Walter Mischel tormented preschoolers with the agonizing choice of one marshmallow now or two marshmallows 15 minutes from now. When he followed up decades later, he found that the 4-year-olds who waited for two marshmallows turned into adults who…

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The Ever-Incompetent Ideas of Lord Keynes

Lew Rockwell, in his usual clear writing style, makes some heavy hits against Keynesianism: It should be obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end. The combination of outright spending by Congress, the desperate schemes to reflate the housing market, the attempt to transfuse bleeding…

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