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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Congresswoman Maxine “B” Waters: Disrespected

Congresswoman Maxine Waters, D-Calif. — offended! At a meeting last month, Los Angeles Police Commission head Rick Caruso allegedly referred to Waters as a “bitch.” Others attended the meeting, but no one confirmed or denied that Caruso made the...

Powell’s Insane Mission to Reward Terrorism

If the definition of madness is doing the same thing over and over while expecting a different result, Secretary of State Powell’s mission to the Middle East is crazy. “However long the Israeli incursions continue,” he said on Thursday, “the...

Why Israel Must Not Withdraw

Colin Powell has failed, so far, in his attempt to browbeat Israel into joining America’s official surrender in the War on Terrorism. Yet Ariel Sharon has repeatedly stated that his armies will eventually withdraw from the West Bank, and that Israel does not...

Smile, It’s Patriot’s Day!

It’s a shame so many taxpayers get upset paying for their beloved government services. Why continue to let April 15th be a day of nausea and nose bleeds? We need a little attitude adjustment. Let’s take a hint from Congress and their passage of the Patriot...

Eliminate Double Taxation of Dividends

In attacking the credibility of many public companies’ financial statements, and calling for yet more stringent regulations, the U.S. government claims to champion the small investor; but in reality its own dividend taxation policy is largely to blame for the...

Should Genes Be Patented?

On October 2000, I argued in “Who Owns Your Genes?” that naturally occurring genes should not be patented because they are not inventions, but discoveries of what already exists in nature. On January 2001, the U.S. Patent and Trademark Office (PTO) issued...

Irrationality in Our Legal System

When the sentence for Andrea Yates’ killing her five children was announced, most of the media reported it as a life sentence and some noted that she would be eligible for parole in 40 years. In reality, Andrea Yates can be freed at any time by any present or...

The Price of Peace “At Any Price” is Death

You cannot make sense of the Israeli-Palestinian war without first making sense of 1993. That year found Israel in reasonably good shape. Its economy was the most powerful in the Middle East. Its military power was respected and feared throughout the region. Its...

Ozzy and Busta: MTV’s Drunken Stupor

Once again, MTV is basking in the glow of critical acclaim. This time it’s a cultural breakthrough called “The Osbournes,” a “brilliant” (Time magazine) reality show chronicling the family life of heavy metal has-been Ozzy Osbourne....

A Reparations for Slavery Scam at Tax Time

At tax time this year, some blacks are going to end up paying more than they owe — and not all of it to the Internal Revenue Service. Confidence men are especially targeting elderly blacks in the South, charging them a fee for filing claims for tax refunds based...

Cloning In A Free Society?

“Life is creation, not a commodity,” says President Bush, defending his view that all cloning should be permanently outlawed. Life is a creation of whom — and for whose purpose? Do we make our own lives, for our own sakes, or is somebody else doing...

Is America Winning?

With the war on terrorism now six months old, it’s time to review the bidding. How goes the war? Let’s grade four areas: * Military: The bulk of the war in Afghanistan was won in two months. Trouble was, to minimize casualties, U.S. troops avoided some of...

Campaign Finance Reform Diversions

There’s a story about Catholic priests who contracted to have a new church built for their congregation. When the church was completed, and just before the priests came for their final inspection, the contractor cemented a Buddhist statue in the center of the...