Thoughts

Selfishness, as defined by Rand, is a play on words in order to hook people’s attention. It is a classic marketing trick. It assists her in marketing her ideas specifically

From Mish Shedlock: “Look at it this way: If we take all of the cuts the Ryan has proposed and all of the cuts the administration has proposed, we are

From Mish Shedlock: “Look at it this way: If we take all of the cuts the Ryan has proposed and all of the cuts the administration has proposed, we are

http://www.capitalismv3.com/?p=2520The Scope Of Cuts Needed: The answer is “all of the above”. Source date (UTC): 2011-04-13 22:27:00 UTC

From a Comment on Cafe Hayek: “Marxists must define poverty as a relative phenomenon. Otherwise, they couldn’t in good conscience be marxists.” Or perhaps, better said, they wouldn’t have a

To be happy, people desire access to new stimuli – ‘relishes’ as Aristotle put it, or ‘new experiences’ as we put it today. People prefer working on optimistic ends. They

http://www.capitalismv3.com/?p=2491Unresolvable Conflict: Prospective and Retrospective Happiness in the anonymity of the market society. Source date (UTC): 2011-04-12 23:50:00 UTC

http://www.bloomberg.com/news/2011-04-08/europe-s-2-trillion-of-distressed-debt-to-outstrip-u-s-market-svp-says.htmlDo you remember the first two months of the crisis, when Europe was heaping daily abuse on americans because of european superiority in banking, lending, policy and judgement? They’re far

http://www.thelocal.de/society/20110407-34257.html?utm_source=email&utm_medium=email&utm_content=185First plausible solution to the popular Victorian mystery. A german merchant seaman was in port in germany, london, and new york for each murder, and was captured and imprisoned in

Felix Salmon writes: … it’s maybe no coincidence that the Russian clients of Goldman Sachs who are falling over each other to bid ever-higher prices for Facebook shares are much

Marxist doctrine states that steps are required to create the utopian communist society. The eventual result of marxism’s destruction of the system of property was for the purpose of creating

Newsweek did another poll that purports to measure our cultural ignorance. How Dumb Are We? NEWSWEEK gave 1,000 Americans the U.S. Citizenship Test–38 percent failed. The country’s future is imperiled

http://www.capitalismv3.com/?p=2467″And it further implies that political freedom is a ‘good’ – when, it’s evident from the record of history that personal freedom is absolutely a good, but political freedom is

(Copied here for documentation purposes.) Over on The World Bank OTAVIANO CANUTO solves for happiness by actively working against it. We economists tend to see well-being, and poverty in particular,

http://www.foxnews.com/world/2011/03/31/japans-nuclear-rescuers-inevitable-die-weeks/”Speaking tearfully through an interpreter by phone, the mother of a 32-year-old worker said: “My son and his colleagues have discussed it at length and they have committed themselves to

Regarding Philosophy, Religion, and Government: a) A Philosophy is a set of related ideas for the purpose of allowing humans to take actions that accomplish ends in the face of

“Sometimes, the words of political leaders requires interpretation beyond face value. In Russia’s case, abstention (from the vote on Libya) was a calculated move to *facilitate* intervention. The subsequent instability

http://hayekcenter.org/?p=4608If PK studied the history of economic thought, he would be rapidly confronted by the realization that the abstract methodology that he relies upon, and the ocean of data he

Having created, by accident, the empire, and having done so for the purpose of exporting our market system, and its trade routes, we are stuck with the very real consequences

http://www.capitalismv3.com/?p=2439Property rights are indeed the basis for prosperity. However, property rights are an institution that is created by the application of organized institutional violence. This fact is usually lost of