Snow: ‘Money and the Rule of Law’
by Nathanael Snow, Ph.D. Money has a social function and is an emergent institution. Together with private property, the rule of law, and free exchange that allows for price discovery money improves the processes of coordination, cooperation, and innovation that generate flourishing in our lives. Money reveals profit and loss (Mises 1951), directing the activities Read the full article…
The Outstater
‘Nobody Is Coming to Help’ I’VE BEEN FIGHTING modal verbs for some time now. A modal verb, as only you grammar nerds know, is an auxiliary verb used to express ability, permission or necessity, e.g., someone “must,” “should,” “ought” do something. In today’s political context, modal verbs are a “tell,” that is, they signal that the user is in the habit Read the full article…
The Outstater
Reality Makes a Comeback WE ARE SUSTAINED by the hope there will be a day when reality overcomes romance in guiding our civic affairs. That is, the romantic notion that everyone can live in harmony and abundance regardless of culture, system or effort will eventually be modified by the need for secure borders, safe streets and running water. Joe Read the full article…
The Outstater
Reagan’s Unmatched Moxie BEING OLD, I spend considerable time correcting facile modern accounts of long-ago events that I happened to have witnessed. They rarely check out, as George Orwell so aptly warned, the truth having been pushed down the memory hole. For example, the Vietnam War was not a futile exercise in American hubris but rather a heroic effort that convinced (for Read the full article…
Franke: The Violently Selfish Campus
by Mark Franke “People talk about the divide in this country as though we were standing on opposite sides of a chasm. When the reality is that we are standing over the chasm, as if on a bridge. You’re never going to get everyone to cross to one side or the other. Some people can’t Read the full article…
The Outstater
Do You Trust Your University? WE DON’T HAVE opinion surveys measuring the trust Hoosiers have in their particular state universities. My guess is that after the spring pro-Hamas encampments the percentage that still think that Indiana University, for example, is doing a decent job is around 10 percent, or roughly the number of people wandering around cognitively disabled Read the full article…
