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- Hey guys, let's build some pyramids!
- Having learned nothing from massively over-estimating Q1 #GDP the Atlanta Fed now estimates Q2 GDP at 4.3%. Perfect definition of insanity!
- Or did the Clinton machine get Comey's mind right just in the nick of time?
- My Kitco News spot. Gold in 2016 and beyond. Buy before speculators realize the economy needs stimulus. @Sch iffGold http://bit.ly/1PKVfWi
- The Indian government can't keep up with the mismatch in the demand and supply of new currency notes. http://bit.ly/2ol5xCb
- Crazy how a higher than expected inflation number causes traders to sell gold and buy dollars. Gold does best when inflation is rising, and higher inflation means the dollar is losing purchasing power. The selling should be in the bond and stock markets.
- December Market Commentary "The more Politician promise Change the more Things stay the same." published. https://t.co/M2NoQayrz5
- Gold Is Simplest Diversifier Against Overvalued US Dollar & Stocks (Video) @SchiffGold https://t.co/lJjIhaqJ0c
- With low rates and inflation on the rise, 2017 could still support a healthy economy for gold:… http://bit.ly/2f9w6pM
- Is there a term for the opposite of unemployment rate?
Wednesday, April 6, 2016
synthetic a priori truths
I'm reading Christopher Chase Rachels' new book "A Spontaneous Order", which makes the case for anarcho-capitalism and discusses praxeology and Austrian economics at length. In the first chapter, on praxeology, he claims that Misesian action axioms are the only examples of synthetic a priori truths, but it seems to me that the whole field of mathematics involves synthetic a priori statements. Mathematics is deductive, not inductive, but its a field of inquiry because not all mathematical statements are obvious from the basic definitions of mathematical operations and numbers; they require a lot of work to tease out the implications of these operational rules. Is there something fundamentally different between action axioms and mathematical reasoning?