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.

Read More

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.

Read More

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.

Read More

The Three Myths of Antitrust, Part 1

Most of you will recall the scandal during the winter Olympics a few years back, when disgruntled skating competitor Tanya Harding hired a thug to take a pipe to the shins of Nancy Kerrigan. Harding was envious of Kerrigan’s superior ability and tried to cripple...

Parents Rejoice! Harry Potter Is Back

MARINA DEL REY — On July 8, the fourth installment in the adventures of child-wizard Harry Potter will be released. Harry Potter, far from being an agent of the occult as his critics contend, is the kind of hero children should be encouraged to read about and...

“Give Me Liberty Or Give Me Death!”

Presented at St. John’s Church, Richmond, Virginia March 23, 1775. By custom, Henry addressed himself to the Convention’s president, Peyton Randolph of Williamsburg. MR. PRESIDENT: No man thinks more highly than I do of the patriotism, as well as...

Why I Won’t Celebrate Canada Day This July

This year I will not celebrate Canada Day — as a matter of principle. I fully recognize Canada as being one of the best places to live in the world — but that relative assessment doesn’t justify the injustices perpetrated by our federal and...

Pirates of the Internet

For years, lawyers representing Silicon Valley were rightly emphasizing the importance of intellectual property rights. Such rights were the major issue in the final Uraguay round of GATT meetings. At that time, trade negotiators warned that American companies and...

Summer of Hypocrites

Summer is here, and again we awaken to the smell of magnolias, honeysuckle and hypocrisy. Anti-gunner Rosie O’Donnell certainly deserves whatever personal protection she deems necessary. She fears for her child’s safety and thus hired a bodyguard to...

Who Is The World Health Organization Trying To Fool?

On June 21st, the World Health Organization published The World Health Report 2000. The most remarkable fact about the report does not concern its results, but rather the underlying premises that guide the organization and that led to such results. The results of the...

Anthem Essay Contest Winners Named

Open to high school freshmen and sophomores, the Anthem essay contest required contestants to write on one of several topics dealing with the characters and themes in the novel. The contest is designed to promote critical thinking and writing skills. Essays are judged...