Causes of the 2007-2008 U.S. Financial Crisis
Although we discussed some of the reasons why the U.S. economy has not recovered very robustly from the 2007-2008 financial crisis, we have not looked at exactly why the crisis happened. … Read More
Tag: Ideology
Descriptions of world-views, systems of ideas and their interactions with other ideologies,
Echoes of the Great Depression: Europe
For all of my life the nations of Europe have been very much to the left of center. I suppose this condition is the legacy of dirigisme and socialism in France, Bismarck’s … Read More
Why Did the Great Depression Last So Long?
Because of the complexity of the Great Depression, there are several different ways in which you can date the beginning and ending of this immense event. Many people date the … Read More
The Long Arm of the Federal Government Monster
This morning I read something immensely disturbing on the Wall Street Journal opinion page (access requires subscription). It reconfirms for me (as if I were ever in doubt) how controlling the … Read More
The Keynesian- Neoclassical Ideological Conflict (2)
When we left this discussion, we had found that a Keynesian economist believes government stimulus spending must be used to kick-start (pump-prime?) the economy out of recession.
Neoclassical economists on the other hand believe care must be taken not to damage an already distressed economy further.
The Keynesian- Neoclassical Ideological Conflict (1)
Quite possibly the most consequential ideological conflict within Western nations today is the battle of economic ideas between Keynesian and neoclassical thought. Since Keynesian ideas mandate greater power and a larger … Read More
Civil Disobedience
This morning Michael Barone passed on a suggestion from Charles Murray: Government has become so intrusive in our lives and limits so much of our personnel freedoms, particularly economic, that … Read More
The Ferguson Effect
Last week some news outlets took note of a big crime wave that began in Baltimore after six Baltimore police officers were indicted for the murder of Freddie Gray [See … Read More
Is Racism the Cause of Blacks’ Problems – Or is Government?
A new post by Walter Williams raises the subject of a perennial conflict between progressives and conservatives. What is the major cause of the social and economic problems of black … Read More
How Seriously Can We Take Economics As A Science?
Since we are going to be writing a lot about economics in this blog, we should spend some time figuring out how seriously we should take it as an authority … Read More
Hello world!
This blog is dedicated to investigating how people find different views of reality, and how these different views lead to human conflict. That is, it will look at ideas in … Read More