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Archive for February, 2012

Section Summary: In light of the fact that there may be multiple, plausible philosophical systems and that limited time and energy make it difficult for us to adequately assess them, we may wish to suspend making a judgment about which one is true and use out time for something that appears to promise greater rewards. [...]

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Those Wacky Gold Bugs

A gold standard is the creationism of economics. – Larry Summers Former treasury secretary Larry Summers, it seems, is more right than he knows. The quote above, widely attributed to him on the internet, apparently was his reaction to a question about the viability of a monetary gold standard. Summers, as do nearly all academic [...]

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A Greek Tragedy

You can’t get very far into the financial news without coming across a story about the European financial crisis. Riots here, bailouts there. Bureaucrats and politicians running hither yon. One day we’re told everything’s solved, nothing to see here. The next day the end of the world draweth nigh. It’s all very entertaining in a [...]

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Section Summary: 1) The traditional first step for establishing a theistic worldview, proving the existence of God, has been a failure. The various proofs offered by philosophers and theologians are invalid. 2) All systems of thought are built on first principles called axioms. These principles are unproven and by definition unprovable. 3) But while axioms [...]

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