Cheapness

Henry Adams was a historian of 12th century France, the last of the Adams political dynasty.  There is a section on him in Russel Kirk’s book “The Conservative Mind”.   According to Kirk, Adams thought that state socialism was nearly inevitable in the West “and wholly odious; it would triumph over capitalism because it is cheaper, … Read more

Bildung

For centuries Protestant children have been taught that the chief end of man is “to glorify God and enjoy him forever” and Catholic children that “man was created for God,” but in Europe, in the 19th century, educators began to tell their students that “the true aim of our life here on earth… is the … Read more

Keynes “the Immoralist”

We are all Keynsians now.  In Canada, Justin Trudeau was elected on the promise that he would build Canada’s infrastructure (and run large budget deficits).  Trump has also promised a massive infrastructure build out (with hundred year bonds!).  Running multi-year deficits doesn’t seem to matter anymore.  If anyone objects, the theories of John Maynard Keynes … Read more