Believe All Things

Hidden Costs of Stimulus Packages

Greg — Thu, 09 Sep 2010 05:19:00 +0000

Last week William F. Shughart II, Frederick A. P. Barnard Distinguished Professor of Economics at the University of Mississippi, wrote about the hidden costs of the recent stimulus packages. Although approximately $3.6 trillion has been spent to date starting with the first bailout in the fall of 2008, The direct cost to the taxpayers of [...]

Hidden Costs of Stimulus Packages is a post from: Believe All Things

Towards a Mormon Concept of Social Justice

Greg — Thu, 26 Aug 2010 03:47:00 +0000

Below is an intriguing excerpt from a book written by Hyrum Andrus about a Mormon concept of social justice and the need for the regenerating powers of the gospel in order to achieve that ideal. After quoting the last half of Doctrine and Covenants 78:14, he wrote the following: It should be stressed that to [...]

Towards a Mormon Concept of Social Justice is a post from: Believe All Things

Should Education Be Compulsory?

Greg — Wed, 18 Aug 2010 19:08:00 +0000

In 1971, Murray Rothbard pointed out some of the pitfalls of compulsory education. Although he felt “a course where one teacher instructs one pupil is clearly by far the best type of course” he pointed out: What then shall we say of laws imposing compulsory schooling on every child? These laws are endemic in the [...]

Should Education Be Compulsory? is a post from: Believe All Things

Mircea Eliade on Sacred and Cyclical Time

Greg — Fri, 13 Aug 2010 03:09:00 +0000

Sacred time is cyclical in nature.1 It is reversible because time can move forward or backward. Micea Eliade, perhaps the world’s greatest comparative religionist, showed that to the ancients, returning to the first moments of creation were necessary to learn how to obtain power to create. He termed this concept “the myth of the eternal [...]

Mircea Eliade on Sacred and Cyclical Time is a post from: Believe All Things

Why Government Stimulus Doesn’t Work

Greg — Wed, 04 Aug 2010 05:26:50 +0000

The broken window fallacy helps explain the unintended consequences of government stimulus. In 1850, French political economist Frédéric Bastiat wrote about this misconception in an essay entitled Ce qu’on voit et ce qu’on ne voit pas or “That Which Is Seen, and That Which Is Not Seen.”1 Below is a short video that explains this [...]

Why Government Stimulus Doesn’t Work is a post from: Believe All Things