Posts filed under “Philosophy”

Mike Wallace Interviews Ayn Rand (1959)

In this engaging 1959 interview, her first on television, Ayn Rand capsulizes her philosophy for CBS’s Mike Wallace. The discussion ranges from the nature of morality to the economic and historical distortions disseminated about the “robber barons.” She also comments on her relationship with Frank O’Connor, provides some autobiographical information and gives her perspective on the future of America.

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Ayn Rand Mike Wallace Interview
Part 1

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Part 2

Category: Philosophy, Video

Why Not . . . ?

Awesome debate smackdown line, in the comments section of Barron’s: “Now that you told us how you feel, why not tell us what you think?” Really caught my eye . . .

Category: Philosophy

Ten Pillars of Economic Wisdom

Nice piece I came across in Library of Economics and Liberty. There is not a lot to disagree with these. My one caveat about all such rules is that are a rough framework for conceptualizing the world, and are neither gospel nor a mantra. Reality does tend to intrude from time to time, making these…Read More

Category: Philosophy, Rules

Mary Matlin’s Economics

Paul Kasriel will be retiring from The Northern Trust Company on April 30. In the last month of his tenure, he plans to share some of his parting thoughts on economics. He begins with this humdinger: “Now, on to Mary Matalin. I saw her on one of the cable news shows on Wednesday defending Republican…Read More

Category: Humor, Philosophy, Politics

Complexity, Context, Probability & Bias

No one seems to remember the second part of Occam’s razor as rumored1 to be stated by Albert Einstein: “Everything should be made as simple as possible, but not simpler.” That is an issue I am encountering quite frequently these days. We see it in discussions about markets, politics, sports, economics, indeed, just about any…Read More

Category: Apprenticed Investor, Investing, Markets, Mathematics, Philosophy, Politics, Psychology

Jim Grant Does His Best John Galt Impression

Category: Philosophy, Video

Founding Fathers’ Intelligent Design

Source Wuerker, Politico

Category: Philosophy, Science

Pleasure Principles

“What will fill the vacuum formerly occupied by religion?” The most thoughtful, as well as the most memorable wedding gift my spouse and I received in 1993, the year of my first (and only) marriage, was neither the most expensive, nor an object. Rather it was a “Brunch” – that uniquely American invention deplored by…Read More

Category: Philosophy

Socrates’ Advice to Greece Today

This post was originally published at The Financial Philosopher, by Kent Thune. “I do nothing but go about persuading you all, old and young alike, not to take thought for your persons or your properties, but and chiefly to care about the greatest improvement of the soul. I tell you that virtue is not given…Read More

Category: Economy, Philosophy

Is America Becoming More Conservative? Why?

Why has the economic crisis deepened America’s conservative drift? The trend towards the hard right is most pronounced in the least well off, least educated, most blue collar, most economically hard-hit states. Why? It is a fascinating glimpse into the Human (or is it American?) Psyche — and I am very curious about it: >…Read More

Category: Data Analysis, Philosophy, Politics, Psychology