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3 Ways Milton Friedman Improved the Field of Economics0
- Economics
- July 13, 2018
Milton Friedman is probably the most important free-market thinker of the twentieth century. His ideas in defense of capitalism and economic freedom had an enormous influence on the shift towards free-market policies that took place from the 1970s onwards. Countries like the UK, China, Chile, or Estonia followed the economic recipes contained in best sellers
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Like Thinking For Yourself? Think Again0
- Culture
- July 13, 2018
Most of us want to think for ourselves. We respect those that do and try to do so ourselves. This may be the wrong way to go about it, says Alan Jacobs, professor of humanities at Baylor University. Jacobs makes three helpful points about thought and why it is so hard to do well in
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Why Aristotle Believed Common Goods Are More Divine than Private Goods0
- Culture
- July 12, 2018
In his famous Nicomachean Ethics, Aristotle recognizes that we human beings aim at attaining a veritable panoply of goods. This panoply includes goods as diverse as life, friends, comfortable shoes, a steak dinner, fine wine, health, the virtues, enough money to meet one’s needs, medicine when one is ill, sufficient exercise, and so forth. All
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The Real Questions You Should Ask Your Economics Professor0
- Economics
- July 12, 2018
“Students are commonly told that Jesus was amenable to socialism because he favored the sharing of wealth. But in fact, he taught personal responsibility, voluntary charity, and doing good from the heart, not from someone else’s wallet.” “The only thing new in the world,” President Harry Truman famously said, “is the history you do not
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Alexander De Tocqueville on Why America Has No More Statesmen0
- Politics
- July 12, 2018
When you think of American statesmen, you likely think of George Washington, Thomas Jefferson, and Abraham Lincoln. They led America through periods of political chaos and enormous uncertainty when few others could. Many long for statesmen of a similar type to lead America through its current challenges, but does America have any statesman left? Why does
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Pascal on Why Living in the Present Is So Difficult (Yet so Important)0
- Culture
- July 12, 2018
Philosopher and mathematician Blaise Pascal (1623-1662) is most famous for “Pascal’s Wager,” the argument that human beings “bet” with their lives on the existence of God. Yet Pascal’s celebrated book of philosophical musings Pensées (in which the Wager appears) is chock full of keen insights about the human condition—many as timely now as when they
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