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- As Dan Kurz of DK Analytics points out, the federal government would have a difficult time even paying the interest on the debt in a “normalized” interest rate environment. http://bit.ly/2imzvbt http://bit.ly/2k7GtkT
- China, as well as other countries including Russia, desperately want to reduce their dependence on the dollar. http://bit.ly/2y4vbEo
- Discussion forum: The Continuing Relevance of Anthony de Jasay | by Christopher J. Coyne (Sept. 3, 2015)
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- Chris Martenson of http://bit.ly/2qZEIV8 called the current US and global financial system "deeply unfair." http://bit.ly/2pk1Jpt
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- We can expect the same brand of interventionist monetary policy to continue into the future. http://bit.ly/2ztPo6T
- Why Are Republicans So Obsessed With the Gold Standard? - The Atlantic
- Bernanke memoir says Fed couldn’t help Lehman Brothers.
Sunday, April 3, 2016
praxeology and rationalism
I can't help but be extremely fascinated by the methodology of praxeology. I have a background in Chomskyan linguistics, which is also based in rationalist epistemology and garnered many critiques from empiricist schools of linguistics. The subjective theory of value is also really interesting to me with its emphasis on the non-observability of subjective experience; this ties into interests I've had in philosophy of science and the limits of empiricism and logical positivism, e.g. the work of Thomas Nagel. There is also something deeply humanist and even theological about this approach: when we concede things like the existence of a priori knowledge and the reality of subjective experience and purposeful action, we concede many of the grounds for belief in the reality of the soul. I feel like it would be interesting to read something that ties all this together. I know some of Hoppe's most important contributions has been to ground praxeology more explicitly in the rationalist tradition. Does he or anyone make the connection with Nagel or similar philosophers?