OK so this one's going to be right out of left field, to use an American expression. It's got nothing to do with economics or politics or whatever I usually discuss on this site. It's strange, totally unexpected, utterly peculiar. And I did not see it coming. Had I been able to see it, it … Continue reading The UFO I Did Not See
The title of this post is a question on Quora. Confession: I have a truckload of stuff to get done. Whenever I have stuff to do, I do all sorts of useless stuff. Clean the desk drawers. Or something silly like that to avoid the more difficult important tasks. I put off doing important stuff … Continue reading Why Do We Hate Capitalism?
OK, enough of Noam Chomsky. His brilliant theories of human language structure and generative grammar holds one's attention only for so long before boredom descends. His opinions on politics is mildly amusing but his take on economics is totally wacko. Let's move on to the chimpanzee named after him, Neam Chimpsky (1973 – 2000). Nim, … Continue reading Neam Chimpsky
18 Hayek Quotes That Show the Importance of Liberty by Gary M. Galles May 8th marked Friedrich Hayek’s birthday. Called “the most prodigious classical liberal scholar of the 20th century,” Milton Friedman explained his importance: Over the years, I have again and again asked fellow believers in a free society how they managed to escape … Continue reading Hayek on Liberty
Noam Chomsky is a very intelligent person. I do have more than a hint of his brilliance in linguistics because I studied formal grammar and languages during my computer science days. It would be foolish to deny his stellar contributions to his field of expertise. It will be equally foolish to take him seriously in … Continue reading Chomsky, the Father of Modern Linguistics
Bringing you lower quality and fewer choices since the 16th Century, reads the caption to the image of capitalism. The grim image of the evils of capitalism is captured in William Blake's evocative phrase "the dark satanic mills." Is it true that because capitalism rests on selfishness and greed that we don't have a heaven … Continue reading Capitalism is based on Selfishness and Greed
I wouldn't bother commenting on crypto currencies because I don't understand the topic. But this is just too good to pass up. Buffet and Munger are not fans of the stuff. CNBC reported back on Jan 10, 2018 that Warren Buffett thinks cryptocurrencies will end badly. Buffet considers it a method of transmitting money and has … Continue reading Buffet and Munger on Cryptocurrencies