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Though the expenditure of energy prevents it, physical teleology tends towards a state of rest (diffusion, the second law of thermodynamics). Though the addition of new information prevents it, economic teleology is always tending towards a final state of rest (equilibrium) with regard to prices (Mises, Human Action, Chapter 14.5). Though borrowing, language contact, and [...]
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Throughout the history of the Church, there have been countless movements that either rise and quickly wither, or completely reform the Church. Names like Augustine, Luther, Calvin, and Edwards stand out as giants of the faith, while there are countless others whose ideas perhaps conform better to the modern zeitgeist, but whose names are obscured by the passage of time. What makes the reformers stand out against time, while other movements repeatedly die even after being repeatedly introduced? . . .
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Machiavelli, almost 500 years ago, had this keen insight on the apparent paradox that the stronger a government is, the easier it is to overthrow. He is of course speaking entirely from the perspective of conquering it as an outsider however – I intend to generalize the notion to include (and focus more on) the overthrow of the government from within…
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The foundation of liberal (in the classical sense) thought is freedom, for the purpose of the maximization of the happiness of man. Unfortunately happiness isn’t exactly a cut and dry concept. Libertarians of the Subjectivist school (Mises and his followers) believe happiness is maximized when man is free to do as he pleases: value, something’s [...]
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The American healthcare system is in trouble: costs are far too high. Not to the consumer – the average consumer pays only 16¢ on the dollar for medical expenses, after government and employers step in. The government pays for 50% of that, and even more for those on medicaid and medicare. The expenses are ballooning, far more quickly than many other areas of government expenditure (not including social security, of course). The government can’t pay a theoretical infinite sum in the indefinite future: something’s got to give. What are the causes of the ballooning costs?…