Don’t Assume What Is “Unseen” Doesn’t Exist – Gary Galles – Mises Daily

The use of the ceteris paribus, or “other things equal” assumption is an essential aspect of economic education. It is an important caveat that helps make sense of a complicated world by clarifying the incentive stories that comprise the core of economics.Unfortunately, the often unthinking acceptance of that phrase has also provided an opening . . . → Read More: Don’t Assume What Is “Unseen” Doesn’t Exist – Gary Galles – Mises Daily

Beware Institutionalism: The Weekly Mentor by Oliver DeMille

Most organizations start out with a great mission, then run into challenges and focus on survival, then want to grow and shift their focus to trying to impress the world.Eventually they become a roadblock to the very great mission and goals they set out to promote in the . . . → Read More: Beware Institutionalism: The Weekly Mentor by Oliver DeMille

Were the Founders Lawyers? – Oliver DeMille

“You frequently mention that free nations have a lot of entrepreneurs,” my friend said. “But I’ve been studying the American Founding era and it turns out that many of the framers were lawyers. Why don’t you tell people that a lot more of us should go into law?”

. . . → Read More: Were the Founders Lawyers? – Oliver DeMille

Grin and Bear It – Stephen Palmer

If life isn’t tough, you’re doing something wrong.

Life was meant to be tough, and you were meant to grin and bear it.

You were created to face fear and beat it into submission. You are given challenges to prove to yourself that you are equal to the . . . → Read More: Grin and Bear It – Stephen Palmer

Why Democracy Needs Aristocracy – The Imaginative Conservative

For the Founding Fathers on this point, one is referred to Federalist 9, 10, 47, 49 and 57; to Jefferson’s self-admitted search for the “natural aristoi” he wanted to cultivate for public service and to his argument that education in a Republic must be “democratic and aristocratic”. One is . . . → Read More: Why Democracy Needs Aristocracy – The Imaginative Conservative