From Sane Space : Libertarian Dispatches From Bizarro America In response to something I’d written about labor unions, a critic started badgering me about child labor. What a terrible feature of capitalism, he said. No, it was a terrible feature of all of world history, I replied. Thank goodness for people who passed laws against […]
From: Great Game India Contrary to the belief that mathematics is universal, Indian arithmetic had a distinctive philosophy which is best understood in a historical perspective. Two plus two is not always four: why zero so confused Europeans. From the time of the Yajurveda, the Indian system of numeration utilised the place value system, the […]
By Madhusudan Raj on Mises India Chapter 2, Vol I of the Economic Survey of India 2018-19 begins with this title: Policy for Homo Sapiens, Not Homo Economicus: Leveraging the Behavioural Economics of “Nudge”. It starts with the following Sanskrit stanza: We cannot rely totally on rational thinking to gain information, as it is not […]
By Mark Mills on Economics21.org The math behind “The New Energy Economy: An Exercise in Magical Thinking” A week doesn’t pass without a mayor, governor, policymaker or pundit joining the rush to demand, or predict, an energy future that is entirely based on wind/solar and batteries, freed from the “burden” of the hydrocarbons that have […]