Tag: Utilitarianism
Richard T. Ely’s Social Gospel of “Progressivism”: Socialism, Fascism, Racism, Eugenics and Militarism

In a recent podcast interview (please see below) of the economist Clifford F. Thies at Econ Journal Watch (EJW), he discusses the ideas and impact of Richard T. Ely (1854–1943), the highly influential “Progressive.” Ely was co-founder, first Secretary, and subsequent President of the American Economic Association (AEA), that continues to take great pride...
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Innocent Until Proven Guilty

In a criminal trial, the whole weight of the state is pit against an accused individual. The consequence of a guilty verdict for a serious offense is generally time in prison—a dehumanizing government cage. For capital cases, the punishment can be the ultimate penalty: death. Putting an innocent person to death is a crime...
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Freedom Is Not Compatible with Government’s Initiation of Force against Innocent People

In yesterday’s New York Times appears an op-ed article by Edward L. Glaeser, a professor of economics at Harvard. Glaeser’s article is remarkable because arguments in favor of freedom, insisting that economic analysis implicitly rests on a moral presumption that individual freedom has fundamental value, do not appear every day—or every month—in “the newspaper...
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Biblically Inspired Verses for Contemporary Americans

Be not deceived; God is not mocked: for whatsoever a central bank soweth, that shall it also reap. The legislator that is without sin among you, let him cast the first vote to outlaw victimless actions. Given that more than 4,500 actions are now considered federal crimes, blessed are the merciful federal prosecutors, for...
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C-SPAN to Air Independent Policy Forum: “Economic Religion vs. Environmental Religion in America”

C-SPAN2’s Book TV will air the Independent Institute’s Policy Forum, “Economic Religion vs. Environmental Religion in America,” that was held in Washington, D.C., and features Senior Fellow Robert H. Nelson and his new Institute book, The New Holy Wars. Dr. Nelson is joined by Steven F. Hayward (F.K. Weyerhaeuser Fellow, American Enterprise Institute) and...
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TSA: What Would Rosa Parks Do?

Today marks the 55th anniversary of Rosa Parks’s refusal to move to the back of the bus. As she explained in her book, Quiet Strength: Our mistreatment was just not right, and I was tired of it. Institutionalized by racist laws and upheld by racist governments, especially across the American South, such humiliations were...
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The Economist on the Austrian School of Economics’ Relevance in Explaining the Current Crisis

A Buttonwood column in the new issue of The Economist, “Taking von Mises to pieces: Why is the Austrian explanation for the crisis so little discussed?,” discusses the enormous relevance of the Austrian School of economics, including the work of F.A. Hayek, Ludwig von Mises, and Lawrence White in explaining the current economic crisis....
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Paul Krugman’s “Solution” to the U.S. Deficit: Death Panels and VAT

In a roundtable discussion on the U.S. National Commission on Fiscal Responsibility and Reform (“Deficit Reduction Commission”), Nobel Prize laureate and hyper-Keynesian economist Paul Krugman came clean on his view on ABC’s “This Week with Christiane Amanpour,” regarding how to reduce the gigantic federal deficit that he has been so supportive in seeing created:...
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Justice versus “Social Justice”

Justice is among the oldest ideals in Western thought. Although philosophers have long debated its meaning and application, they have usually agreed that justice deals with individual merit or individual actions. The perennial question has been: by what standard should someone’s actions be praised or blamed, rewarded or punished? not: whom should society provide...
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C. S. Lewis on Mere Liberty and the Evils of Statism, Part 3 (Final)

Here Is the Final Part Continued from Part 2: Part 1 Scientism For Lewis, science should be a quest for knowledge, and his concern was that in the modern era science is too often used instead as a quest by some for power over others. Lewis did not dispute that science is an immensely...
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