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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Objectivity in Reporting: Inside the Church of Nativity

On April 2, 2002, Palestinian gunmen/militants/terrorists shot their way into the Church of the Nativity, taking as hostage some civilian citizens and members of the clergy. One month into the siege, Los Angeles Times photographer Carolyn Cole sneaked past Israeli...

Harvard Loves Jihad–But Hates America

Imagine it’s June 1942 – just a few months after Adolf Hitler declared war on the United States. At Harvard University, a faculty committee has chosen a German-American to give one of three student orations at the festive commencement ceremony. He titles...

Government–not Bush–Failed on 9-11

“That has nothing to do with intelligence,” said former President Bill Clinton. “It basically says he’s a dangerous guy that might do a lot of things.” Clinton refers to a 1999 CIA report about the possibility of terrorist attacks against...

America’s Maginot Line

The War on Terrorism is over. It ended when President Bush pushed to the top of his agenda the creation of a Cabinet-level Department of Homeland Security. This is the climax of a trend that has been building for the past month: the only action the U.S. government is...

Global Lying

The campaign to stampede the federal government into drastic action to counter “global warming” has never let honesty cramp its style. The most recent ploy has been the release of a study from the Environmental Protection Agency which concluded that human...

Borders, Cyanide, and Terrorism

Unidentified bandits stole 10 tons of sodium cyanide briquettes last month during a roadside robbery in Mexico. The lethal chemical, combined with sulfuric acid, is used in gas chamber executions; a single whiff can kill in minutes. The hijacked truck was found May 16...

The Morality of Genetic Engineering

Next week in Toronto, the annual meeting of the Biotechnology Industry Organization will take place, amid protests by environmentalists who want to prohibit genetic engineering. This is a conflict between the creators of a technology that has saved countless lives and...

What’s So Great About America?

“What’s So Great About America” That is the provocative title of a new book by Dinesh D’Souza, a best-selling author who was born in India and who has now become an American citizen. Although many among the intelligentsia would have meant that...

Dysfunctional Dad of the Year

Move out of the way, Ozzy Osbourne. There’s another foul-mouthed celebrity who’s vying for the bleeding-heart pop critics’ Father of the Year award. Eminem, the Detroit rapper whose third album skyrocketed to the top of the charts, wants everyone to...

Castro’s Reign is an Abomination

Last month, in a heartfelt address, President Bush spoke out in support of a nation suffering under tyranny. He declared that its people are entitled to liberty, democracy, and dignity, and he condemned the dictator “who jails and tortures and exiles his...

A Mexican VISA-Vending Scandal

President Bush signed an immigration reform bill last month that will supposedly make our borders “more secure” and “smart.” But “smart” technology can’t cure corrupted borders. This new law won’t do much good if our own...