Comments on Feyerabend’s ‘Against Method’, Part II

October 20th, 2016
in history, macroeconomics

Revolutions in Subjectivity

 by Philip Pilkington

Fixing the Economists Article of the Week

In my previous commentary on Feyerabend’s book I criticised him for being incoherent in his understanding of the relationship between the philosophy of science that he is actually expounding and his own philosophy which he thinks to be materialist but which is quite evidently not. In this commentary I seek to clarify what is actually taking place in the conceptual revolutions that Feyerabend documents in the book. He argues that these are revolutions in ‘language’ and ‘concepts’ but I think when they are examined closely it is obvious that they are rather revolutions in subjectivity.

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Comments on Feyerabend’s ‘Against Method’, Part III

Intellectual Support for Mainstream Economics

by Philip Pilkington

Article of the Week from Fixing the Economists

If you read Paul Feyerabend’s Against Method closely and you take the argument seriously a rather unnerving fact comes to light: namely, that the argument contained therein lends full intellectual support to mainstream marginalist economics. 

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Federal Repression System

by John Mauldin, Thoughts from the Frontline

“However beautiful the strategy, you should occasionally look at the results.”– Winston Churchill

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Income Is Not Wealth

Written by

Some time back, a reader commented on one of my posts stating:

Just out of curiosity for whom have lower taxes created more wealth? Certainly not the middle class - you know, the people in the charts up above with the 40k or less in net worth. A large number of folks in that median and sub-median are pay little or no Federal income tax, although if they work they do pay the flat earnings tax called FICA. Yet they still can't or won't save.

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Trade Globalisation in the Last Two Centuries

October 13th, 2016
in trade data, macroeconomics


-- this post authored by Michel Fouquin and Jules Hugot

Appeared originally on 17 September 2016

Historians and economists generally identify two periods of trade globalisation, the first beginning around 1870 and the second during the 1970s. The column argues that new data from 1827 onwards shows globalisation beginning as trade barriers were lowered around 1840, and that both periods of globalisation were surprisingly fuelled by a regionalisation of world trade. If globalisation continues to grow in future, regionalisation may decline.

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