Thriftiness is a highly admired quality… but have you ever noticed how hard it is to be thrifty in a grocery store? Food prices seem to be continually high and rose again in July for the sixth month in a row. According to the USDA, a moderate-cost meal plan for a family of four is
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From the Austrian School economist who studied under Ludwig von Mises. The quote, often misattributed to Henry Hazlitt, is found in Sennholz’s article, “Indexing: New Version of an Old Myth,” in Inflation Survival Letter, July 1, 1974. Save this article to favorites
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A few weeks ago, I wrote a piece which raised the idea of separating sports from school. Many of you agreed that uncoupling the two would be beneficial in boosting academic performance. According to a new poll from Education Next, Intellectual Takeout’s readers are not alone in wanting to see less emphasis on sports in
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1. “We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.” 2. “All credit is debt. Proposals for an increased volume of credit, therefore, are merely another name for proposals for an increased burden of debt.” 3. “The ideas which
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Last year, prompted by Louis C.K.’s bit on the Conan O’Brien show, Morgan Housel at the Motley Fool put together a list titled “50 Reasons We’re Living Through the Greatest Period in World History.” Below are his first 10 reasons: 1. U.S. life expectancy at birth was 39 years in 1800, 49 years in 1900, 68 years
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Jacques Ellul’s Propaganda: The Formation of Men’s Attitudes (1965) has been called “a far more frightening work than any of the nightmare novels of George Orwell.” In it, the French philosopher and sociologist dispels some of the popular notions about propaganda and exposes how it really operates in the modern world. In the first chapter
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