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    Commentary, Economics / capitalism, democracy, efficiency, free trade, pandemic, The Economist, Ukraine /

    Free to Trade Efficiency?

    March 23, 2022

    Fascinating. The war in Europe is messing with some major preconceptions and exposing some as illusions that, perhaps, we would be better off without. Take, for instance, The Economist magazine’s leader article entitled “Trading with the enemy.”  Here’s the key question the article poses: “Is it prudent for open societies to conduct normal economic relations […]

    Commentary / Balibar, capitalism, democracy, Furet /

    A Note on Furet

    March 3, 2022

    Intellectual vanities abound in a technocratic society.  It seems inevitable that as we push the boundaries of knowledge further and further into the space of potential beyond our current state that the division of labor presses down on us.  We become, each of us, more distant from any sense of self-sufficiency.  Such a state is […]

    Economics / Coyle, Fourastié, Hayek, Heraclitius, uncertainty /

    All Wet like a River

    March 2, 2022

    Heraclitus exists only in fragments.  That’s unfortunate because aphorisms are not the best way to tackle the hubris of the technocrat.  He was on to something though.  We all know his well-worn saying about stepping into rivers.  He tells us that they’re never the same twice.  And yet they stay the same.  Beware, then, the […]

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