Category Archives: Economics

Economics as I attempt to objectively understand them (they CAN be objectively understood, and it is my attempt to explain why that is as well as learning all that entails this objectivity for my own benefit).

2017/02/25: Jordan Peterson: Postmodernism: How and why it must be fought

Murray Rothbard – Egalitarianism as a Revolt Against Nature, and Other Essays.

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Jordan B. Peterson on 12 Rules for Life

This is a really good talk. But it’s also Jordan Peterson, so that’s no surprise.

Corrupt Justification

Devin Stevens Presents Literature

“‘I had forgotten that you are only a common boy. How should you understand reasons of State? You must learn, child, that what would be wrong for you or for any of the common people is not wrong in a great Queen such as I. The weight of the world is on our shoulders. We must be freed from all rules. Ours is a high and lonely destiny.”‘

C.S. Lewis “The Magician’s Nephew”

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The parts of Böhm-Bawerk’s “Capital and Interest” that resonate most with me (updated as I read).

1. “Literally to ascribe to capital a power of producing value is thoroughly to misunderstand the essential nature of value, and thoroughly to misunderstand the essential nature of production. Value is not produced, and cannot be produced. What is produced is never anything but forms, shapes of material, combinations of material; therefore things, goods. These goods can of course be goods of value, but they do not bring value with them ready made, as something inherent that accompanies production. They always receive it first from outside—from the wants and satisfactions of the economic world. Value grows, not out of the past of goods, but out of their future. It comes, not out of the workshop where goods come into existence, but out of the wants which those goods will satisfy. Value cannot be forged like a hammer, nor woven like a sheet. If it could, our industries would be spared those frightful convulsions we call crises, which have no other cause than that quantities of products, in the manufacture of which no rule of art was omitted, cannot find the value expected. What production can do is never anything more than to create goods, in the hope that, according to the anticipated relations of demand and supply, they will obtain value.”

2. “There is no power in any element of production to infuse value immediately or necessarily into its products. A factor of production can never be an adequate source of value. Wherever value makes its appearance it has its ultimate cause in the relations of human needs and satisfactions. Any tenable explanation of interest must go back to this ultimate source.”

PDF here.

Harry Browne – How to Make Decisions

Personal Happiness as a Virtue.

Analyzing My Decision-Making.

Wants.

Purpose.

Jordan Peterson on Nazism and Communism (tribute video)

This video is really, really fucking good.

“To a Fellow Politician in Washington, July 6th, 2017”

Vex not Thou the Poet's Mind

I remember you once asked,

How should I best serve the people?”

What I’ll tell you will sound hard

but is naturally and fearfully easy.

First, you wanna work at night

when the dazzling stars inspire smooth rhetoric.

In private, mind you. Public needs require secret newsfeeds.

Be sure you have the right tools and the right spot.

What you design in the dark should sound like this:

Each American should have their own place of rest,

fashioned with our lightly taxed cloth

pillows full as a soft father’s hands,

blankets tight as a woman’s grip.

His bed should be framed by the sturdiest wood,

fitting all and only his substance;

teach him to be an individual

and chase his own American Dream,

with no helping hand but yours.

They may wonder about random stuff like

the grave, or the coffin, or what happens at night,

but you can…

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