link: http://bit.ly/1RPGD55
Hot And Trending...
Trending
- Inflation: A Semantic Change Worth Noting https://t.co/2TlFI45lPM @SchiffGold
- I will be on the @Benzinga #PreMarket Prep show tomorrow at 9 a.m. EST! Tune in here: http://bit.ly/1RXB5uD
- The Austrian school and monetary policy
- Ron Paul: "Eventually it collapses because it doesn’t work any longer, just like the collapse of the Soviet system.” http://bit.ly/2f27CDW
- Walter Block and Mark Skousen to Battle Over Hayekian Triangle at Anarchapulco!
- Excellent Comic Strip Explains Our Situation
- My latest CNBC Asia interview – Bubble Fundamentals: This Market Needs More Cheap Money @SchifGold https://t.co/g8XBgb0Xo6
- Ronald Reagan had the integrity to stand by Volcker when Volcker was doing something that was very politically unpopular. A lot of people were being hurt by these sky-high interest rates, but Reagan stood behind his Fed chairman. http://bit.ly/2BJIJG2
- 10 year treasury yields are now just below 2.95%. For those who think 3% is the ceiling think again. Once we move above 3.25% i think the move to 4% will be quick. If the stock market hasn't crashed by then, or the Fed has not changed policy, the move to 5% will be even quicker!
- Is #JanetYellen really this clueless, or does she just assume that everyone else is?
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?