How We Know – Epistemology On An Objectivist Foundation

Harry Binswanger’s How We Know – Epistemology On An Objectivist Foundation (TOF Publications) is aimed at exposing the root causes of bad epistemology, and bringing clarity to the crucial questions: What is knowledge? How is it acquired? How is it validated? To a large extent, the material that Binswanger has presented was originated by Ayn Rand.

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A Monetary Policy Primer, Part 6: The Reserve-Deposit Multiplier

The multiplier’s significance to monetary policy is, or used to be, straightforward: it indicated the quantity of additional bank deposits that monetary authorities could expect to see banks produce in response to any increment of new bank reserves supplied them by means of either open-market operations or direct central bank loans.

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The Myth of the Myth of Barter

There is, after all, at least one impulse among humans that’s more deep-seated than their “propensity to truck, barter, and exchange.” I mean, of course, their propensity to let themselves be thoroughly bamboozled.

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The Alleged Harm Done By Tax Havens

Tax burdens imposed by the world’s welfare states — especially those imposed on the wealthiest, most successful entrepreneurs and shareholders — have increased with every passing year. No wonder “Atlas is Shrugging.” By accessing tax...

What’s Bugging the Environmentalists?

Whenever I head out for an early evening walk by the neighborhood lake with my husband and toddler, we follow the same routine. Put on our shoes. Take a trip to the Blue’s Clues potty. And finally: Spray. We don’t give a second thought to applying a small...

Diplomacy does not apply toward Dictators

“The imminence of proliferation of weapons of mass destruction, the huge dangers it involves, the rejection of a viable inspection system, and the demonstrated hostility of Saddam Hussein combine to produce an imperative for pre-emptive action,” Vice...

Greenspan on “Infectious Greed”

[Previously], I wrote: “Those on the moral code of altruism have to view all businessmen as guilty, guilty by nature, since their life’s work is to seek selfish gain. The current legislative frenzy is just the latest manifestation of the altruist premise:...

Alan Greenspan: Ayn Rand’s Failed Student

As legend has it, Federal Reserve chairman Alan Greenspan was once a member of Ayn Rand’s 1960’s salon. He was an invited guest at Rand’s apartment and apparently was close enough to have read her epic Atlas Shrugged as it came off her typewriter....

Relationships: It Only Takes One

Q: In the past year I’ve gone on a few dates and befriended a few women, but I always find they have poor self-esteem. I hope this is not saying something more about me, in that I only seem to attract such women. However, it just seems that there are so many...

On Tolerating the Intolerable

Q: Dr. Hurd, I believe — as you write in your articles — that the U.S. carries moral superiority over many (perhaps all) of the nations [Iran, Iraq, etc.] you list in your article, and I believe it has the right to defend itself. However, the world would...

How Taxpayers Prop Up Sport Mogul’s Profits

Art Modell, owner of the NFL Baltimore Ravens, observed during one of his struggles to get local taxpayers to build him a stadium that “The pride and presence of a professional football team is far more important than 30 libraries, and I say that with all due...

Who Says We Can’t Topple Saddam Hussein

You can’t go changing regimes just because you don’t like them! So claims a caller on a talk radio show, regarding whether or not President Bush should ever topple Saddam Hussein. This claim is wrong. It’s based on numerous faulty premises, such as:...

A New “Standard” For Customer “No-Service”

From time to time, I like to write a column about a subject that is near and dear to my heart: customer service. Sometimes I use these columns as a forum to recognize companies who do an outstanding job of providing customer service. Sadly, I so rarely have positive...

“Unnecessary Attention” from the Federal Bulldozer

There was a painful irony in an upbeat newspaper story about a man of modest income who was able to continue living in San Mateo County, California, only because he could rent a government-subsidized apartment for $850 a month. Without the subsidy, the rent would...