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Our Enemy, The State (Albert Jay Nock)
- Highlight Loc. 473-79  | Added on Tuesday, May 29, 2012, 08:09 AM

“Everywhere we see a militant group of fierce men forcing the frontier of some more peaceable people, settling down upon them and establishing the State, with themselves as an aristocracy. In Mesopotamia, irruption succeeds irruption, State succeeds State, Babylonians, Amoritans, Assyrians, Arabs, Medes, Persians, Macedonians, Parthians, Mongols, Seldshuks, Tatars, Turks; in the Nile valley, Hyksos, Nubians, Persians, Greeks, Romans, Arabs, Turks; in Greece, the Doric States are specific examples; in Italy, Romans, Ostrogoths, Lombards, Franks, Germans; in Spain, Carthaginians, Visigoths, Arabs; in Gaul, Romans, Franks, Burgundians, Normans; in Britain, Saxons, Normans.” Everywhere we find the political organization proceeding from the same origin, and presenting the same mark of intention, namely: the economic exploitation of a defeated group by a conquering group.

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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 481-83 | Added on Tuesday, May 29, 2012, 08:10 AM The American hunting tribes, for example, whose organization so puzzled our observers, never formed a State, for there is no way to reduce a hunter to economic dependence and make him hunt for you.6
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5040-43 | Added on Tuesday, May 29, 2012, 08:19 AM Barry Schwartz and Stephen Barsky, “The Home Advantage,” Social Forces 55: 641–61; Donald L. Greer, “Spectator Booing and the Home Advantage: A Study of Social Influence in the Basketball Arena,” Social Psychology Quarterly 46, no. 3 (September 1983): 252–61; Eric M. Leifer, “Perverse Effects of Social Support: Publics and Performance in Major League Sports,” Social Forces 74, no. 1 (September 1995): 81–121.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 1723-24 | Added on Tuesday, May 29, 2012, 08:21 AM Those who insist that privately-owned property is nothing more than a fiction created by humans, or the creature of political and legal institutions, would do well to examine the behavior of other life forms.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 1654-55 | Added on Tuesday, May 29, 2012, 04:50 PM Collectivism has even succeeded in foisting its glossary of arbitrary definitions upon us; we all speak of our economic system, for instance, as “capitalist,” when there has never been a system, nor can one be imagined, that is not capitalist.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 1753-55 | Added on Tuesday, May 29, 2012, 08:28 PM We have each had the experience of being on a crowded elevator, with strangers shoving and pressing against us without a sense of being trespassed. But suppose that you are alone on an elevator, and a stranger gets on and presses up against you. You will now likely regard your boundaries to be trespassed, and even treat his intrusion as a personal threat.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5056-57 | Added on Tuesday, May 29, 2012, 10:27 PM 32Van Notten, The Law of the Somalis,
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Federal Government Outlays and Receipts as % of Nominal GDP (consultingbyrpm.com) - Highlight Loc. 7-11 | Added on Thursday, May 31, 2012, 10:47 AM Two things: (1) Yes yes, I know there are problems with calculating nominal GDP etc. If you want to say that we shouldn’t be counting $1,000 in federal spending on tanks the same as $1,000 in private spending on cars, then the lines above would be even more pronounced during WW2. (2) No no, I have no idea why WordPress stretches out my graphics. I have tried adjusted the “height” variable in the automatic code it generates when I upload an image, to no avail. The Internet works in mysterious ways, and I do not question it.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 542-44 | Added on Thursday, May 31, 2012, 10:57 AM Republicanism permits the individual to persuade himself that the State is his creation, that State action is his action, that when it expresses itself it expresses him, and when it is glorified he is glorified. The republican State encourages this persuasion with all its power, aware that it is the most efficient instrument for enhancing its own prestige.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 571-75 | Added on Friday, June 01, 2012, 09:37 PM A proletarian State would merely, like the merchant-State, shift the incidence of exploitation, and there is no historic ground for the presumption that a collectivist State would be in any essential respect unlike its predecessors;19 as we are beginning to see, “the Russian experiment” has amounted to the erection of a highly-centralized bureaucratic State upon the ruins of another, leaving the entire apparatus of exploitation intact and ready for use.
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The Monetary Approach to the Balance of Payments (mises.org) - Highlight Loc. 35-37 | Added on Saturday, June 02, 2012, 01:50 PM international movements of money are not consequences of the state of trade; that they constitute not the effect, but the cause, of a favorable or unfavorable trade balance. The precious metals are distributed among individuals and hence among nations according to the extent and intensity of their demand for money.[4]
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The Monetary Approach to the Balance of Payments (mises.org) - Highlight Loc. 60-62 | Added on Sunday, June 03, 2012, 12:18 AM every individual sees to it that he is not without money. Because everyone pursues his own interest in doing this, it is impossible for the free play of market forces to cause a drain of all money out of the city, a province or an entire country.
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The Monetary Approach to the Balance of Payments (mises.org) - Highlight Loc. 62-63 | Added on Sunday, June 03, 2012, 12:18 AM If we had a pure gold standard, therefore, the government need not be the least concerned about the balance of payments. It could safely let the market take care of maintaining a sufficient quantity of gold within the country.
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The Monetary Approach to the Balance of Payments (mises.org) - Highlight Loc. 161-67 | Added on Sunday, June 03, 2012, 11:10 AM For Mises and for the monetary approach, a chronic balance-of-payments deficit can only result from an inflationary monetary policy that continuously introduces excess money balances into the domestic economy via bank-credit creation. The deficit and the corresponding efflux of gold reflects the repeated attempts of domestic money holders to rid themselves of these excess balances, which are being re-created over and over again by te inflationary intervention of the monetary authority. The deficits will only be terminated when the inflationary monetary policy is brought to a halt or the stock of gold reserves is exhausted. Tariffs and other protectionist measures will fail to rectify the situation, since they do not address the fundamental cause of monetary disequilibrium.
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Controlled Chaos: European Cities Do Away with Traffic Signs (spiegel.de) - Highlight Loc. 28-31 | Added on Sunday, June 03, 2012, 09:55 PM The new traffic model's advocatesbelieve the only way out of this vicious circle is to give drivers more liberty and encourage them to take responsibility for themselves. They demand streets like those during the Middle Ages, when horse-drawn chariots, handcarts and people scurried about in a completely unregulated fashion. The new model's proponents envision today's drivers and pedestrians blending into a colorful and peaceful traffic stream.
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Controlled Chaos: European Cities Do Away with Traffic Signs (spiegel.de) - Highlight Loc. 42-45 | Added on Sunday, June 03, 2012, 09:57 PM "More than half of our signs have already been scrapped," says traffic planner Koop Kerkstra. "Only two out of our original 18 traffic light crossings are left, and we've converted them to roundabouts." Now traffic is regulated by only two rules in Drachten: "Yield to the right" and "Get in someone's way and you'll be towed."
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Consensus, Caspar Style (casparinstitute.org) - Highlight Loc. 1-5 | Added on Monday, June 04, 2012, 07:21 AM We are proud to be citizens of the US, but experience has led us to agree that democracy is the worst form of government, except for all the others. Because we are few (but mighty!) we Casparados have the luxury of resolving our problems and making our plans using a much friendlier tool: Consensus. When asked by outsiders, particularly those who work in conventional government, what means we might prescribe for exporting our friendly, successful self-governance to other communities, we all point proudly to consensus.
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Consensus, Caspar Style (casparinstitute.org) - Highlight Loc. 14-17 | Added on Monday, June 04, 2012, 07:22 AM By deliberating until we can find a way that satisfies all, we find, again and again, that achieving consensus isn't as difficult as we thought, and that heeding and incorporating the views of the minority often saves us from grievous errors while leading us away from "slam dunks" and quick fixes to well thought-out, longer lasting, better solutions.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 1948 | Added on Monday, June 04, 2012, 07:51 AM Can we imagine a violent act that is not a trespass to some property interest? Can we imagine a peaceful act that is a trespass?
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Hayek’s Law or Rothbard’s Wisdom : A Revisit (bastiat.mises.org) - Highlight Loc. 17-22 | Added on Monday, June 04, 2012, 07:54 AM The chief conclusion I want to demonstrate is that the longer the inflation [the increase in the effective quantity of money] lasts, the larger will be the number of workers whose jobs depend on a continuation of the inflation, often even on a continuing acceleration of the rate of inflation—not because they would not have found employment without the inflation, but because they were drawn by the inflation into temporarily attractive jobs, which after a slowing down or cessation of the inflation will again disappear. (Hayek, Unemployment and Monetary Policy: Government as Generator of the “Business Cycle,” p. 13)
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Hayek’s Law or Rothbard’s Wisdom : A Revisit (bastiat.mises.org) - Highlight Loc. 31-34 | Added on Monday, June 04, 2012, 07:55 AM As Rothbard (p. 14) explains, “Since factors must shift from the higher to the lower orders of production, there is inevitable ‘frictional’ unemployment in a depression, but it need not be greater than unemployment attending any other large shift in production” (emphasis mine). The adjustment can be quick and the unemployment temporary if markets are allowed to work during the necessary period of liquidation and restructuring.
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Hayek’s Law or Rothbard’s Wisdom : A Revisit (bastiat.mises.org) - Highlight Loc. 34-37 | Added on Monday, June 04, 2012, 07:56 AM What, then, causes or leads to a prolonged depression? Here again, Rothbard (p. 14) provides a clear answer: “Unemployment will progress beyond the “frictional” stage and become really severe and lasting only if wage rates are kept artificially high and are prevented from falling. If wages are kept above the free-market level that clears the demand for and supply of labor, laborers will remain permanently unemployed.”
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How A Waiter’s Pad Saved My Life (jamesaltucher.com) - Highlight Loc. 14-16 | Added on Monday, June 04, 2012, 08:01 AM Summer of 2002: I’m going to be dead honest: I was losing $40-50,000 a month just in living expenses. That’s because I’m mentally deficient. I didn’t know what I was doing. I made some money and decided to immediately up my lifestyle to unbelievable rock-star heights and then I lost all of my money in the worst horrible ways. I stimulated the economy.
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The Theory Of Money And Credit (Ludwig Von Mises) - Highlight Loc. 2339-45 | Added on Monday, June 04, 2012, 01:55 PM An increase in a community’s stock of money always means an increase in the amount of money held by a number of economic agents, whether these are the issuers of fiat or credit money or the producers of the substance of which commodity money is made. For these persons, the ratio between the demand for money and the stock of it is altered; they have a relative superfluity of money and a relative shortage of other economic goods. The immediate consequence of both circumstances is that the marginal utility to them of the monetary unit diminishes. This necessarily influences their behaviour in the market. They are in a stronger position as buyers. They will now express in the market their demand for the objects they desire more intensively than before; they are able to offer more money for the commodities that they wish to acquire. It will be the obvious result of this that the prices of the goods concerned will rise,
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The Theory Of Money And Credit (Ludwig Von Mises) - Highlight Loc. 2377-79 | Added on Monday, June 04, 2012, 01:59 PM There is no justification whatever for the widespread belief that variations in the quantity of money must lead to inversely proportionate variations in the objective exchange-value of money, so that, for example, a doubling of the quantity of money must lead to a halving of the purchasing power of money.
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The Theory Of Money And Credit (Ludwig Von Mises) - Highlight Loc. 2385-88 | Added on Monday, June 04, 2012, 02:01 PM If the possessor of a units of money receives b additional units, then it is not at all true to say that he will value the total stock a + b exactly as highly as he had previously valued the stock a alone. Because he now has disposal over a larger stock, he will now value each unit less than he did before; but how much less will depend upon a whole series of individual circumstances,
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5089 | Added on Tuesday, June 05, 2012, 09:20 PM Shinn, Mining Camps, pp. 221–46.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2231-33 | Added on Tuesday, June 05, 2012, 09:21 PM One expression of this informal process has arisen around ATM machines, in which people, without any formal direction, have developed the practice of standing a number of feet behind the person using the machine, so as to allow him privacy in his transaction.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2233-35 | Added on Tuesday, June 05, 2012, 09:22 PM Contrary to the “social contract” fictions through which we fantasize the creation of massive nation-states, these informal processes have an authentic quality about them: they arise out of face-to-face dealings between and among people who may be total strangers to one another, and who bargain with the glance of an eye or the wave of a hand.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2239-41 | Added on Tuesday, June 05, 2012, 09:22 PM The question now before us, in a decentralizing society, is whether our lives will be better served by having to deal with a representative of the state, or with our neighbors, for a determination of our interests. The process is the same in either instance: it is simply a matter of determining to which audience we wish to make our case.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2267-71 | Added on Tuesday, June 05, 2012, 09:25 PM Because we are so accustomed to thinking of our “rights” as some fixed set of objectively-defined categories—rather than a plea for our subjective preferences that we try to get others to respect—we are uncomfortable considering that they may derive from the same processes as our economic interests. Just as we are able to satisfy our demands in the marketplace without the participation of everyone else, the strength of our property claims depends only upon enough of our neighbors being willing to respect and support such claims.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5093-94 | Added on Wednesday, June 06, 2012, 02:48 AM 18David Riesman, with Nathan Glazer and Reuel Denney, The Lonely Crowd (New Haven, Conn.: Yale University Press, 1950).
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5095-96 | Added on Wednesday, June 06, 2012, 02:49 AM 19Robert Axelrod, The Evolution of Cooperation (New York: Basic Books, 1984).
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2313-19 | Added on Wednesday, June 06, 2012, 02:51 AM a small boy, between two and three years of age, playing with some toys of his own that he had brought to the party. A small girl was attracted to these toys, and when she reached out for them the boy grabbed the toys and said “mine!” The boy’s father, who was seated nearby, assured his son that “you don’t have to share your toys if you don’t want to; they are your toys and you can do what you want with them. It’s up to you.” The little girl wandered away and began playing by herself. A few minutes later, this boy took his toys over to the girl, sat down and began placing them in front of her, and the two started playing together. I cannot know what the boy might have been thinking, but I suspect that, being secure in the recognition of his own claim of ownership, he had nothing to fear from sharing his toys with the girl.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2323-29 | Added on Wednesday, June 06, 2012, 02:52 AM I mentioned this incident in one of my seminars, and a woman student of mine said: “I’d have whacked the little boy across his backside for not sharing,” an attitude that doubtless reflected her own upbringing. Other students immediately responded, pointing out that (a) such an act would have interfered with the boy’s ownership interest, and (b) the boy did eventually share his toys with the girl, voluntarily, without feeling resentment at having been forced to do so. The first student then said: “but if he was going to share, anyway, how would it have hurt to force him to do what he eventually did?” I asked her if she saw any fundamental difference between “rape” and “seduction,” which seemed to make the point clearer. The assumption, in her remarks, was that the result was all that mattered; not recognizing that the process leading to the result is not only what truly matters, but in a world of wholeness, is the result.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 829-31 | Added on Wednesday, June 06, 2012, 02:21 PM The Marxian dictum that “religion is the opiate of the people” is either an ignorant or a slovenly confusion of terms, which can not be too strongly reprehended. Religion was never that, nor will it ever be; but organized Christianity, which is by no means the same thing as religion, has been the opiate of the people ever since the beginning of the fourth century,
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 839-41 | Added on Wednesday, June 06, 2012, 02:23 PM simple quid pro quo; in exchange for imperial recognition and patronage, and endowments enough to keep up to the requirements of a high official respectability, the Church should quit its disagreeable habit of criticizing the course of politics;
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 29-32 | Added on Thursday, June 07, 2012, 11:21 AM An animal, being merely sentient, always and only reacts to stimuli. There can be, and there are, complexes of stimuli structured as units, often endowed with the character of a sign, and an animal selects from them according to their attunement with the tonic states it feels. Still, it is always a case of mere stimuli. In contrast to this, man with his intelligence, [45] responds to realities.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 32-33 | Added on Thursday, June 07, 2012, 11:21 AM I have always maintained that intelligence is, not the capacity for abstract thought, but the capacity that man has to perceive things and deal with them as realities.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 169-71 | Added on Friday, June 08, 2012, 10:52 AM Upon confirming the innovating and creative character of the industry of Australopithecus, we see that he possesses an intelligence, a true intelligence, no matter how rudimentary, [54] because be apprehends things as realities.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 244-46 | Added on Friday, June 08, 2012, 06:09 PM Man is not a rational animal, but an intelligent animal, that is, a reality-conscious animal. These are two completely distinct things because reason is no more than a special and specialized type of intelligence, and intelligence formally consists, not in the capacity for abstract thought and full conscious reflection, but simply in the capacity to perceive thing as realities.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 354-59 | Added on Friday, June 08, 2012, 06:29 PM The human psychic constitution is determined in its evolutional origin by the germinal transformations, but it is not produced by them only. Here the causal determination is not effectuation. Mere sensation cannot poduce of itself an intelligence: there exists between the two an essential, not a gradual, difference. No matter how complicated the mere stimuli and their form of apprehension are, they can never arrive at constituting stimulating realities and intellective apprehension. At this point the appearance of an intellective psyche is not only a matter of degree but is [66] essentially something new. In this sense, but only in this one, we say that the appearance of an intellective psyche is an absolute innovation.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 395-96 | Added on Friday, June 08, 2012, 06:36 PM The intellective psyche is not pure spirit," but "soul." This is why it is found determined by the body.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 488-90 | Added on Friday, June 08, 2012, 07:03 PM The germinal transformation determines the morphology in an effective way, but it determines the intellective psyche in an intrinsically exigent way. In virtue of this, the hominization and typification of humanity is not "creative evolution" but "evolving creation." From the point of view of the first cause, God, his creative will for an intellective psyche is a will for genetic evolution.
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THE ORIGIN OF MAN (zubiri.org) - Highlight Loc. 504-6 | Added on Friday, June 08, 2012, 07:06 PM The Church has never imposed this chronological coincidence between rationality and its "theologal" elevation. When his time came, the rational animal, the Homo sapiens, was elevated to the "theologal" state, so constituting the man of whom Genesis speaks and from whom all present humanity descends.
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A Reformulation of ABCT - Highlight on Page 18 | Added on Sunday, June 10, 2012, 12:48 AM Hayek argued that a constant rate of forced saving would require an increasing rate of credit expansion in order to allow capitalists to maintain and expand the labor force and complementary factors devoted to producing an elongated capital structure by successfully countering rising bids for these factors by the producers of consumer goods.
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A Reformulation of ABCT - Highlight on Page 18 | Added on Sunday, June 10, 2012, 12:48 AM The continual pressure to expand consumer goods’ production exerts itself through the ever-rising wages paid out in the higher stage industries. These higher wages, which result from the previous injection of new money through credit expansion, appear as increased demand by laborers on consumer goods’ markets after a lapse of time.
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A Reformulation of ABCT - Highlight on Page 18 | Added on Sunday, June 10, 2012, 12:49 AM Prices of consumer goods are thus driven up, approximating the rate of inflation for capital Joseph T. Salerno: A Reformulation of Austrian Business Cycle Theory… 19 goods after a short lag and causing the wages offered by consumer goods’ producers to rise apace.
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A REALIST APPROACH TO EQUILIBRIUM - Highlight on Page 6 | Added on Monday, June 11, 2012, 06:08 AM A standard criticism of equilibrium analysis holds that it does not adequately reflect observed behavior. What such critics have in mind is that human action is often, is perhaps even usually, not in equilibrium—a pertinent observation which, however, misses the main point. It is true that human life is fraught with errors. Each time we choose to pursue an action other than the most important one we commit an error in the sense of economic theory. Yet this does not refute equilibrium analyses—quite to the contrary! We can analyze all instances of human error in the real world only because choice implies the possibility of success and failure. We could not even conceive of something like error without having in mind an alternative action compared to which an observed action could be erroneous. We could not identify a single instance of error in the real world if we did not presuppose the existence of a foregone success.
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A REALIST APPROACH TO EQUILIBRIUM - Highlight on Page 7 | Added on Monday, June 11, 2012, 06:48 PM Genuine choice alternatives, which come to bear on action and not merely on the mind, are therefore categorically unequal. And genuine action—not the musing of the brain about action—is never indifferent. The very activity of feeling indifferent about two alternatives is itself an expression of preference: one prefers to indulge in indifferent feelings, thus foregoing alternative activities. It is therefore conceivable that an individual is in his mind indifferent about the alternatives he faces. However, it is impossible that he is indifferent about them in his actions. He always does something.
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Author's Preface (zubiri.org) - Highlight Loc. 50-52 | Added on Monday, June 11, 2012, 06:59 PM human sensing and intellection are not two numerically distinct acts, each complete in its order; but rather they constitute two moments of a single act of sentient apprehension of the real: this is sentient intelligence.
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Author's Preface (zubiri.org) - Highlight Loc. 82-83 | Added on Tuesday, June 12, 2012, 02:41 AM Today the world is undeniably engulfed by a pervasive atmosphere of sophistry. As in the time of Plato and Aristotle, we are inunated by discourse and propaganda. But the truth is that we are installed modestly, but irrefutably, in reality.
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Intelligence and Reality, Chapter 1 (zubiri.org) - Highlight Loc. 105-8 | Added on Wednesday, June 13, 2012, 01:56 AM [1] ['Intellective knowing' is used to translate Zubiri's expression inteligir, a verb derived from the Latin intelligere; it cannot be rendered literally, but means the act of knowing in which one's intelligence, in the most general sense, is involved. Inteligir is broader than the English understanding, though at times it has that meaning.-Trans.]^
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Intelligence and Reality, Chapter 1 (zubiri.org) - Highlight Loc. 108-11 | Added on Wednesday, June 13, 2012, 01:57 AM [2] [Zubiri is here using one of the two Spanish forms of the verb "to be", estar, which refers to temporary or actual being at the moment, as opposed to ser, which means being in a more permanent, long-term sense. Thesense of estar in this context is "to be present here-and-now", and that expression is used here and throughout the text as necessary to clarify the meaning.-Trans.]^
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Intelligence and Reality, Chapter 2 (zubiri.org) - Highlight Loc. 16-20 | Added on Wednesday, June 13, 2012, 02:01 AM In my courses I am accustomed to distinguish function and action in an animal. Muscular contraction, for example, is a function. The subject, let us call it that, of the function is an anatomic-physiological structure; for example, a striated muscle fiber. But action is something whose {29} subject is not a structure, but the animal as a whole. For example, fleeing, attacking, etc., are actions.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 879-82 | Added on Wednesday, June 13, 2012, 02:25 AM After conquest and confiscation have been effected, and the State set up, its first concern is with the land. The State assumes the right of eminent domain over its territorial basis, whereby every landholder becomes in theory a tenant of the State. In its capacity as ultimate landlord, the State distributes the land among its beneficiaries on its own terms.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2494-96 | Added on Wednesday, June 13, 2012, 01:41 PM If you have $100 in your pocket, and the state forcibly deprives you of the right to use $10 of that amount as you choose, is such regulation any less a taking of your property because it has left you—at least for the time being—with control over the remaining $90?
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2522-24 | Added on Wednesday, June 13, 2012, 01:45 PM When the state erects walls or fences around such facilities, it is—like a landowner— asserting a claim of ownership to all these boundaries contain. Likewise, when it builds walls or fences around an entire nation, the state makes an ownership claim to all within such borders.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2524-25 | Added on Wednesday, June 13, 2012, 01:45 PM All property rights are absolute: some person or persons must exercise ultimate control over things to be owned.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2533-38 | Added on Wednesday, June 13, 2012, 10:29 PM Like the denizens of George Orwell’s Animal Farm, we take uneasy comfort in the legalistic corruption of language played at the expense of our ignorance (e.g., “all animals are equal, but some are more equal than others”), and content ourselves that ownership—including that of our own lives—is little more than a state-conferred, defined, controlled, and limited “title.” Having become thoroughly politicized, we fail to ask the fundamental question: upon what basis does the state presume to restrict our claims of ownership to within boundaries it has decreed, and without our consent?
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2606-13 | Added on Thursday, June 14, 2012, 12:47 AM Anyone who has ever given two children joint ownership of a toy, or observed the division of jointly-owned property during a divorce, can attest to the dissonant nature of two owners each desirous of controlling the same item in inconsistent ways. Such conflicts can easily be resolved by the owners contracting with one another (e.g., child A gets to make decisions on oddnumbered days, child B makes decisions on even-numbered days). At first glance, it might be supposed that the city’s ordinance qualifies as such a contractual compromise. However, since a contract requires the giving up of some property interest (e.g., one’s money, land, personal services) in exchange for the other party doing the same thing, and since, as we have seen, the city is giving up no property interest of its own in exchange for my obligation not to burn down my house, such regulations fail this test. Like the playground bully who promises to not beat you up in exchange for your lunch money, the government restriction is nothing more than an act of plunder.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 942-44 | Added on Thursday, June 14, 2012, 01:49 PM The effect of this was to produce a race of people whose master-concern was to avail themselves of the opportunity. They had but the one spring of action, which was the determination to abandon the economic means as soon as they could, and at any sacrifice of conscience or character, and live by the political means.
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Brincando com a Morte, Rex Stout ([email protected]) - Highlight Loc. 165-67 | Added on Friday, June 15, 2012, 08:19 AM Naquela tarde, às quinze para as cinco, eu estava na cozinha da casa de Lucy Valdon na Rua 11 Oeste. Estava de pé, encostado à geladeira, segurando um copo de leite. A cozinheira, a Sra. Vera Dowd, que, pela aparência, comia uma boa parte do que cozinhava, estava sentada na cadeira. A meu pedido, dera-me o leite.
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Brincando com a Morte, Rex Stout ([email protected]) - Highlight Loc. 186-88 | Added on Friday, June 15, 2012, 08:22 AM O nome é Nero Wolfe. Talvez já tenham ouvido falar dele.      — Ele aparece na tevê? — perguntou a Srta. Foltz.      — Não seja tola — disse-lhe a Sra. Dowd. — Como poderia aparecer? Ele é de verdade.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 1824-26 | Added on Monday, June 18, 2012, 06:39 PM It is worth going through the literature of the late seventeenth and early eighteenth century to see how the words “democracy” and “democrat” appear exclusively as terms of contumely and reprehension. They served this purpose for a long time both in England and America, much as the terms “bolshevism” and “bolshevist” serve us now.
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Intelligence and Reality, Chapter 3 (zubiri.org) - Highlight Loc. 48-49 | Added on Thursday, June 21, 2012, 03:15 AM The so-called "animal language" is not language, because the animal lacks meanings; it only possesses, or can possess, sonorous signitive signals.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 2667-68 | Added on Thursday, June 21, 2012, 07:54 PM The state, whether functioning as the military, police or prison systems, or bureaucratic departments, provides the clearest example of how collective authority diffuses responsibility, allowing individuals to conceal accountability for their actions in the shadows of monoliths.
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Why Academic Papers Are A Terrible Discussion Forum (rationalconspiracy.com) - Highlight Loc. 44 | Added on Thursday, June 21, 2012, 08:48 PM Ioannidis’s paper, Why most published research findings are false.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 1982-83 | Added on Monday, June 25, 2012, 09:51 AM The text of the Senate’s proposed banking law, published on the first of July, 1935, almost exactly filled four pages of the Wall Street Journal! Really now – now really – can any conceivable absurdity surpass that?
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 1471-73 | Added on Wednesday, June 27, 2012, 07:06 AM State power has an unbroken record of inability to do anything efficiently, economically, disinterestedly or honestly; yet when the slightest dissatisfaction arises over any exercise of social power, the aid of the agent least qualified to give aid is immediately called for.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 2020-30 | Added on Wednesday, June 27, 2012, 07:13 AM 14. The horrors of England’s industrial life in the last century furnish a standing brief for addicts of positive intervention. Child-labour and woman-labour in the mills and mines; Coketown and Mr. Bounderby; starvation wages; killing hours; vile and hazardous conditions of labour; coffin ships officered by ruffians – all these are glibly charged off by reformers and publicists to a regime of rugged individualism, unrestrained competition, and laissez-faire. This is an absurdity on its face, for no such regime ever existed in England. They were due to the State’s primary intervention whereby the population of England was expropriated from the land; due to the State’s removal of the land from competition with industry for labour. Nor did the factory system and the “industrial revolution” have the least thing to do with creating those hordes of miserable beings. When the factory system came in, those hordes were already there, expropriated, and they went into the mills for whatever Mr. Gradgrind and Mr. Plugson of Undershot would give them, because they had no choice but to beg, steal or starve. Their misery and degradation did not lie at the door of individualism; they lay nowhere but at the door of the State. Adam Smith’s economics are not the economics of individualism; they are the economics of landowners and mill-owners. Our zealots of positive intervention would do well to read the history of the Enclosures Acts and the work of the Hammonds, and see what they can make of them.
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Our Enemy, The State (Albert Jay Nock) - Highlight Loc. 1577-83 | Added on Wednesday, June 27, 2012, 07:22 AM in every civilization, however generally prosaic, however addicted to the short-time point of view on human affairs, there are always certain alien spirits who, while outwardly conforming to the requirements of the civilization around them, still keep a disinterested regard for the plain intelligible law of things, irrespective of any practical end. They have an intellectual curiosity, sometimes touched with emotion, concerning the august order of nature; they are impressed by the contemplation of it, and like to know as much about it as they can, even in circumstances where its operation is ever so manifestly unfavourable to their best hopes and wishes. For these, a work like this, however in the current sense impractical, is not quite useless; and those of them it reaches will be aware that for such as themselves, and such only, it was written.
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A REALIST APPROACH TO EQUILIBRIUM - Highlight on Page 31 | Added on Wednesday, June 27, 2012, 10:39 PM The characteristic feature of such engaging games as chess, tennis, or boxing is that they allow for the application of countless strategies unknown at the outset. And, when it comes to real life, there are unlimited possible but unknown strategies, for human creativity constantly overthrows old patterns, adding new strategies previously unimagined. This fact prevents the identification of something like a timeless solution to problems of human life. Game theory can handle only those strategies the analyst himself can imagine. Yet, when someone conceives of what nobody thought before, and puts these ideas into action, we would have to confine the former “solution” to the dustbin of history.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3109-11 | Added on Friday, June 29, 2012, 12:24 AM In an effort to obscure the lethal nature of abortions, and thus make the practice less disturbing to the otherwise humane sentiments of its proponents, most people allow the state to define who is and who is not a “person.” History should remind us of the dangers inherent in conferring such authority upon political systems.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3133-37 | Added on Friday, June 29, 2012, 12:27 AM But even if the embryo were the product of a rape—a non-volitional act by the woman—the embryo is not the wrongdoer but an unintended consequence of the crime. He or she would be, at worst, an unintentional trespasser, to which the question must be answered as to whether a property owner may rightfully take the life of a trespasser. From a property perspective, we are thus left with the seemingly anomalous situation that the embryo, as a selfowning person, is entitled to not be aborted, while the mother, also a self-owning person, is entitled to not have the state trespass upon her in order to restrain the exercise of her decisionmaking.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3140-46 | Added on Friday, June 29, 2012, 05:15 AM If both the embryo and the mother are persons with separate but necessarily interconnected property interests, and the state’s intervention would amount to a trespass of the mother’s boundaries, does this mean that, in a society that fully respected property interests, a mother would be free to kill this other person? If the answer is “yes,” as it applies to a pregnant woman, would it also apply to the rest of us: that we are free to kill—or, as a friend of mine used to remind me, free to try to do so— another person? Precisely! We are free, not because the state, or a religion, or a constitution, or an ideology tells us that we are, but because each one of us is in control of our energies and conduct. How each of us chooses to exercise our freedom determines not only the content of our own character, but whether we will live in peace or conflict, cooperation or confrontation, with others.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3154-56 | Added on Friday, June 29, 2012, 06:13 AM Our daily newspapers are filled with abundant empirical evidence that each of us is free to engage in all kinds of harmful actions, in spite of numerous laws to the contrary. To say that we are free to commit injuries upon others does not imply, however, that we are entitled to do so,
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 501-3 | Added on Friday, June 29, 2012, 06:52 AM Cunow describes the Peruvian peasants before the incursion of the Incas as follows: “An unregulated living side by side of many independent, mutually warring tribes, who again were split up into more or less autonomous territorial unions, held together by ties of kinship.”
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How the Experts Are Wrecking Healthcare (mises.org) - Highlight Loc. 18-19 | Added on Friday, June 29, 2012, 05:10 PM In Hayek's The Constitution of Liberty, he warned, "The institutional expert … is unhesitatingly in favor of the institutions on which he is expert."
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 683-86 | Added on Monday, July 02, 2012, 05:55 PM Wherever opportunity offers, and man possesses the power, he prefers political to economic means for the preservation of his life. And perhaps this is true not alone of man, for, according to Maeterlinck’s Life of the Bees , a swarm which has once made the experiment of obtaining honey from a foreign hive, by robbery instead of by tedious building, is thenceforth spoiled for the “economic means.”
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 687-88 | Added on Monday, July 02, 2012, 05:56 PM the cause of the genesis of all states is the contrast between peasants and herdsmen, between laborers and robbers, between bottom lands and prairies.
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3558-77 | Added on Monday, July 02, 2012, 06:13 PM “If individuals effected a change of consciousness so as to become more sensitive to the suffering of animals,” I inquired, “would legislation serve any valid purpose?” “Of course not,” she responded. “And if people did not experience such attitude changes,” I went on, “would legislation cause them to do so?” “Probably not,” she admitted. “And so, if people who do not share your sentiments become legally obliged to stop doing what they want to do, and to act as you want them to act, are they not likely to feel resentment and conflict?” I asked. “Probably,” she acknowledged, “but what else can we do?” “Have you considered peaceful alternatives that do not rely on political enforcement that only creates more conflict?” I replied. “But that might take a long time,” she went on. “Do you know how long it takes to get one single case through the courts, or to get a piece of legislation enacted? And this says nothing about the monetary costs of doing so,” I answered. “But the approach you’re suggesting assumes that other people will change,” she said. “Were you always a vegetarian and animal rights advocate?” I asked. This young woman acknowledged that she had not been, and went on to relate how her conversion came about when, in high school, she had had a conversation with a friend on the subject of eating meat. “Did this friend try to force or intimidate you to become a vegetarian?” I inquired. She answered in the negative, adding that her friend was not even a vegetarian himself, but had only been challenging her thinking with questions. “And so, what caused you to change?” I asked. “I simply became aware of how we were making animals suffer, and I couldn’t be a part of that anymore,” she responded. “Do you think that other people might also be capable of experiencing such an awareness?” I queried. “Furthermore,” I continued, “do you think that you—as an animal rights proponent—might be at least as effective in helping others to understand this, as your high school friend, who was not a vegetarian, was in helping you to become aware?”
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 44 | Added on Monday, July 02, 2012, 08:01 PM Does printing more paper money reduce, by itself, the scarcity of resources? To raise the question is to answer it. Printing more paper tickets does not make us richer than we otherwise would be, because our welfare does not depend on the quantity of money we use, but on the quantities of real goods that can be purchased with this money. The simple fact is that printing money is not identical with producing goods that can be purchased with this money. Additional money does not make the nation of money users better off than it would otherwise have been. If it were otherwise, we would long since have reached Nirvana
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 769-72 | Added on Monday, July 02, 2012, 08:04 PM Gradually, from this first stage, there develops the second, in which the peasant, through thousands of unsuccessful attempts at revolt, has accepted his fate and has ceased every resistance. About this time, it begins to dawn on the consciousness of the wild herdsman that a murdered peasant can no longer plow, and that a fruit tree hacked down will no longer bear.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 770-72 | Added on Monday, July 02, 2012, 08:05 PM About this time, it begins to dawn on the consciousness of the wild herdsman that a murdered peasant can no longer plow, and that a fruit tree hacked down will no longer bear.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 795-96 | Added on Monday, July 02, 2012, 08:09 PM The moment when first the conqueror spared his victim in order permanently to exploit him in productive work, was of incomparable historical importance. It gave birth to nation and state,
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 46 | Added on Wednesday, July 04, 2012, 06:14 AM There is after all a reason why these resources lay “idle,” namely, that from the long-term point of view of their owners, the present use of these resources seemed to be inexpedient. In short, they were not idle at all, but were used as a reservefor later periods, and it is probably not necessary to prove that this reservation demand has a very important social function. Consuming one’s reserves in the present is, by any meaningful standard, not a reduction of scarcity, but an impoverishment.
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Memorial de Aires, Machado de Assis ([email protected]) - Highlight Loc. 467-72 | Added on Wednesday, July 04, 2012, 06:37 AM — Conselheiro, disse ela entre graciosa e séria, que acha que faça? Que case ou fique viúva? — Nem uma coisa nem outra. — Não zombe, conselheiro. — Não zombo, minha senhora. Viúva não lhe convém, assim tão verde; casada, sim, mas com quem, a não ser comigo? — Tinha justamente pensado no senhor. Peguei-lhe nas mãos, e enfiamos os olhos um no outro, os meus a tal ponto que lhe rasgaram a testa, a nuca, o dorso do canapé, a parede e foram pousar no rosto do meu criado, única pessoa existente no quarto, onde eu estava na cama. Na rua apregoava a voz de quase todas as manhãs: "Vai... vassouras! vai espanadores!”
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Memorial de Aires, Machado de Assis ([email protected]) - Highlight Loc. 424-27 | Added on Wednesday, July 04, 2012, 06:44 AM Vou ficar em casa uns quatro ou cinco dias, não para descansar, porque eu não faço nada, mas para não ver nem ouvir ninguém, a não ser o meu criado José. Este mesmo, se cumprir, mandá-lo-ei à Tijuca, a ver se eu lá estou. Já acho mais quem me aborreça do que quem me agrade, e creio que esta proporção não é obra dos outros, e só minha exclusivamente. Velhice esfalfa.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 801-2 | Added on Wednesday, July 04, 2012, 06:49 AM The peasants become accustomed, when danger threatens, to call on the herdsmen, whom they no longer regard as robbers and murderers, but as protectors and saviors.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 819-21 | Added on Wednesday, July 04, 2012, 06:52 AM Sometimes the character of the tribute paid by the subjects to their master is more or less blurred, and the act assumes the guise of payment for protection, or indeed, of a subvention. The tale is well known whereby Attila was pictured by the weakling emperor at Constantinople as a vassal prince; while the tribute he paid to the Hun appeared as a fee.
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Brincando com a Morte, Rex Stout ([email protected]) - Highlight Loc. 1190-91 | Added on Wednesday, July 04, 2012, 07:22 AM      Fui a pé. Os cinco minutos economizados num táxi não iriam adiantar nada, e minhas pernas gostam de sentir que estão ajudando.
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Brincando com a Morte, Rex Stout ([email protected]) - Highlight Loc. 1274-76 | Added on Wednesday, July 04, 2012, 07:32 AM      — Você sabe que eu gostaria de ir, mas um inspetor de polícia, talvez um sargento, está lá fora agora, esperando para entrar. Talvez eu passe a noite na cadeia. Vê-lo-ei no tribunal.
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 48 | Added on Wednesday, July 04, 2012, 04:12 PM Notice that all units of money are held, that is, to the extent that they are under the control of some one at all, are part of the individuals’ cash holdings. In other words, there is no such thing as “money in circulation” that can meaningfully be distinguished from “money held.”
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 50 | Added on Wednesday, July 04, 2012, 07:56 PM It is meaningless to speak about demand for and supply of one commodity without reference to the demand for and supply of alternative goods, that is, without reference to market prices. And because market prices can change, demand and supply can be adjusted to one another at any point of time
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 50 | Added on Wednesday, July 04, 2012, 07:57 PM the services typically delivered by a telephone do not depend at all on the demand for this telephone, or on the demand for telephones of this type. Whether market participants hold the telephone in high or low esteem, whether they pay high or low prices for it, has no impact whatever on the amount of services to be derived from a telephone of this type. But in the case of cash holdings, supply and demand are not independent because here demand does depend on supply, and supply does depend on demand
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 50 | Added on Wednesday, July 04, 2012, 08:01 PM it is not only superfluous, but also quite nonsensical to “adjust” the supply of money to be held to changes in demand. An increased nominal supply, far from offsetting the increased demand it was meant to offset, only causes a further increase of the demand for cash holdings
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 52 | Added on Wednesday, July 04, 2012, 11:44 PM At any point of time, an entrepreneur can protect himself against the futureimpact of falling selling prices by either bidding down in the presentthe payments for his factors of production, or abstaining from investment altogether. The latter strategy is the wise course of action whenever he cannot bid down his factor prices, which is usually the case when he is more or less alone in anticipating the future drop of prices, whereas other entrepreneurs do not diminish their offers. If he cannot cut his costs he will not invest at all, but wait until his competitors, who paid the factor prices he believed were too high, eventually go bankrupt
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OPTIMAL MONETARY POLICY (Jörg Guido Hülsmann) - Highlight on Page 53 | Added on Monday, July 09, 2012, 08:27 AM So what is the emotional prejudice, evident in the expression “hoarding,” ultimately all about? As we have said, it is about the resentment that some people feel against other people’s increased demand for real cash balances. The essential reason for this resentment is that “hoarding” brings about a decline of the money price level. It therefore threatens all business ventures that are based on the expectation of higher prices
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Hostels Worldwide - Online Bookings, Ratings and Reviews (hostelworld.com) - Highlight Loc. 17-21 | Added on Wednesday, July 11, 2012, 04:53 PM Any payments to Hostelworld.com by the Licensee under this agreement shall be made free and clear of all taxes, deductions or withholdings. If such taxes, deductions or withholdings are required by law, the Licensee shall pay to Hostelworld.com such additional amount as may be necessary in order that the net amount received by Hostelworld.com after such taxes, deductions and withholdings shall not be less than the amount Hostelworld.com would have been entitled to receive in the absence of any such taxes, deduction or withholding.
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How Will the Poorest Be Educated? (lewrockwell.com) - Highlight Loc. 7-10 | Added on Wednesday, July 11, 2012, 08:47 PM First, stop thinking in terms of "we" and "as a society" and "what we should do." Choices are not given to this "we" but to each of us. I'm not you, and you are not anyone else, and there is no "we" that exists except what you and I and others agree to. There exists no single "society" that can be identified as a legitimate or proper decision-maker in this field or any other field.
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O economista e o monopólio (ordemlivre.org) - Highlight Loc. 98-99 | Added on Monday, July 16, 2012, 01:38 PM [i] Para uma excelente história da transformação da noção de competição, ver MACHOVEC, F.M. Perfect Competition and the Trasformation of Economics. Londres: Routledge, 1995.
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O economista e o monopólio (ordemlivre.org) - Highlight Loc. 100-101 | Added on Monday, July 16, 2012, 01:38 PM [ii] DiLORENZO, T. The Origins of Antitrust: an interest-group perspective. International Review of Law and Economics, vol. 5, pp. 1985.
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O economista e o monopólio (ordemlivre.org) - Highlight Loc. 102-3 | Added on Monday, July 16, 2012, 01:38 PM [iii] HAYEK, F.A. The Theory of Complex Phenomena, in Studies in Philosophy, Politics and Economics, London, UK: Routledge & Kegan Paul. 1967, nota de rodapé 14
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5214-15 | Added on Monday, July 16, 2012, 08:40 PM 2See, e.g., Pierre Clastres, Society Against the State (New York: Zone Books, 1989).
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3617-20 | Added on Monday, July 16, 2012, 08:40 PM Tribal chiefs, far from being coercive authorities over others, are often the means by which centralized power is discouraged. Tribal chiefs—a role that does not even exist in some tribes—have been burdened with so many ceremonial functions as to deprive them of opportunities to pursue power over their fellows. His failure to perform the prescribed rituals would cause him to lose face within the tribe.2
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3620-22 | Added on Monday, July 16, 2012, 08:41 PM “Humble in scope, the chief’s functions are controlled nonetheless by public opinion. A planner of the group’s economic and social activities, the leader possesses no decisionmaking power; he is never certain that his ‘orders’ will be carried out.”
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5225-26 | Added on Monday, July 16, 2012, 08:44 PM 6David Riesman, with Nathan Glazer and Reuel Denney, The Lonely Crowd (New Haven, Conn.: Yale University Press, 1950).
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 3703-4 | Added on Tuesday, July 17, 2012, 03:57 AM There appears to be an implicit agreement, even among most free-market advocates, that quantitative “bottom-line” outcomes are sufficient to measure the superiority of one system over another. But mankind’s material prosperity, important as it is, is not the only factor in the equation.
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A filosofia e seu inverso (olavodecarvalho.org) - Highlight Loc. 21-27 | Added on Wednesday, July 18, 2012, 03:57 AM Na verdade, a simples idéia de buscar na filosofia um senso de orientação na vida real soa estranha nos meios universitários hoje em dia. Filosofia, dizem, é atividade intelectual séria, não auto-ajuda. Na hora da encrenca, esquecem a seriedade e vão buscar a ajuda de um psicoterapeuta (ou de um pai-de-santo, como tantos professores da USP). Mas é justamente nos momentos decisivos da vida, nas horas de crise e perplexidade, que Platão e Aristóteles (e, pairando acima deles, o espírito de Sócrates) vêm em nosso socorro, infundindo-nos o senso da ordem interior da alma, que fará de cada um de nós, não um profissional acadêmico, mas um spoudaios, um homem verdadeiramente adulto, humanamente desenvolvido até o extremo limite dos seus poderes cognitivos, capaz de perceber a realidade e tomar decisões desde o centro e o topo da sua consciência,
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De Sócrates a Júlio Lemos (A filosofia e seu inverso - II) (olavodecarvalho.org) - Highlight Loc. 192-94 | Added on Wednesday, July 18, 2012, 04:37 AM Tanto em Platão quanto em Aristóteles ou em toda a filosofia escolástica, o Supremo Bem não é um “valor”, muito menos uma “criação cultural”, mas a realidade suprema,
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De Sócrates a Júlio Lemos (A filosofia e seu inverso - II) (olavodecarvalho.org) - Highlight Loc. 234-35 | Added on Wednesday, July 18, 2012, 04:42 AM [2] O texto completo encontra-se online em http://www.newmanreader.org/works/idea/.
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Where Do We Go From Here? (lewrockwell.com) - Highlight Loc. 38-41 | Added on Wednesday, July 18, 2012, 08:02 PM When people ask me the kinds of questions about "how will streets be provided for?," or "how will children be educated?," or "how will the impoverished be cared for?," I respond: "I don’t know. I suspect that in a society of free people, there will likely be many different ways in which such services will be provided."
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Where Do We Go From Here? (lewrockwell.com) - Highlight Loc. 52-56 | Added on Thursday, July 19, 2012, 08:23 AM The man I have long considered to be the father of modern libertarian thinking, Leonard Read, was of the view that the most successful way to promote the cause of liberty was to be – in your behavior – the kind of person that your philosophy espoused. This is another way of encouraging people to ive the centered life; to live with integrity; without contradiction between your ideas and your actions.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 901-3 | Added on Thursday, July 19, 2012, 01:49 PM ITS form is domination; the dominion of a small warlike minority, interrelated and closely allied, over a definitely bounded territory and its cultivators. Gradually, custom develops some form of law in accordance with which this dominion is exercised.
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Spntaneous or Planned: A Sharp Dichotomy, or a Gradient? (thinkmarkets.wordpress.com) - Highlight Loc. 14-15 | Added on Thursday, July 19, 2012, 02:00 PM even the most free-form, improvisational jazz group needs some planning: “OK, we’ll start at eight, and end at about eleven.”
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Os filodoxos perante a História (A filosofia e seu inverso - III) (olavodecarvalho.org) - Highlight Loc. 99-101 | Added on Thursday, July 19, 2012, 05:37 PM Só os medíocres são filhos do seu tempo. Os sábios, os heróis e os santos inspirados são pais dele; são canais por onde a luz da transcendência  rompe as limitações do tempo e abre possibilidades que a mente coletiva, por si, jamais poderia conceber.
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Os filodoxos perante a História (A filosofia e seu inverso - III) (olavodecarvalho.org) - Highlight Loc. 498-509 | Added on Thursday, July 19, 2012, 05:40 PM [4] Para os que não a conhecem, já que as novas gerações perderam o melhor do passado, aí vai a piada. Dois ingleses, Paul e Peter, estavam tomando chá e conversando numa tarde aprazível, quando Peter observou:             -- Sabe, Paul, eu sonhei com você ontem.             -- Não diga! Como foi o sonho?             -- Sonhei que você morreu, foi enterrado, no seu túmulo nasceu uma plantinha, veio uma vaca, comeu a plantinha, fez cocô, e eu, ao ver o cocô, exclamei: “Oh, Paul, como você está mudado!”             Paul, imperturbável, respondeu:             -- Que interessante! Sabe que eu também sonhei com você?             -- Não diga! Como foi?             -- Sonhei que você morreu, foi enterrado, no seu túmulo nasceu uma plantinha, veio uma vaca, comeu a plantinha, fez cocô, e eu, ao ver o cocô, exclamei: “Oh, Peter, você não mudou em nada.”
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Os filodoxos perante a História (A filosofia e seu inverso - III) (olavodecarvalho.org) - Highlight Loc. 297-98 | Added on Friday, July 20, 2012, 05:21 AM Como observava John Stuart Mill, a crítica, indispensável o quanto seja, é a faculdade mais baixa da inteligência.
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Os filodoxos perante a História (A filosofia e seu inverso - III) (olavodecarvalho.org) - Highlight Loc. 311-14 | Added on Friday, July 20, 2012, 05:23 AM “A” filosofia não é discussão racional nem sistema doutrinal. É uma estruturação simbólica intelectualmente diferenciada na qual o mundo da experiência deve adquirir uma visibilidade, uma claridade, que não tinha nem no material bruto da experiência nem nas suas elaborações culturais prévias (sociais, políticas, artísticas, religiosas).[16]
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 999-1003 | Added on Friday, July 20, 2012, 10:04 AM this religion declares—and again from its view-point quite correctly—that the constitution of the state has been decreed by heaven, that it is “tabu,” and that interference with it is sacrilege. In consequence, therefore, of a simple logical inversion, the exploited or subject group is regarded as an essentially inferior race, as unruly, tricky, lazy, cowardly and utterly incapable of self-rule or self-defense, so that any uprising against the imposed dominion must necessarily appear as a revolt against God Himself
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Oh Ye Are for Anarchy ! - Highlight on Page 10 | Added on Sunday, July 22, 2012, 09:09 PM Filmer saw the world divided into numerous commonwealths. The defenders of these countries argued that they were legitimated by majority rule and tacit consent. But Filmer questioned if it was ever possible for the members of the entire world to assemble at one time and consent to its political subdivision. Notwithstanding this being an impossibility, Filmer further argued that majority rule could bind no one and that a majority of the earth's inhabitants (or even the majority of one country's citizens) could not justify political rule. "No one man, nor a multitude, can give away the natural right of another.
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Oh Ye Are for Anarchy ! - Highlight on Page 11 | Added on Sunday, July 22, 2012, 10:04 PM As Filmer logically points out, "if it be tyranny for one man to govern arbitrarily, why should it not be far greater tyranny for a multitude of men to govern . . . ? It would be further inquired how it is possible for any government at all to be in the world without an arbitrary power; it is not power except it be arbitrary. . . ."s6
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Oh Ye Are for Anarchy ! - Highlight on Page 11 | Added on Sunday, July 22, 2012, 10:04 PM As Filmer logically points out, "if it be tyranny for one man to govern arbitrarily, why should it not be far greater tyranny for a multitude of men to govern . . . ? It would be further inquired how it is possible for any government at all to be in the world without an arbitrary power; it is not power except it be arbitrary. . . ."s6 Not only does Filmer emphasize that it is impossible to get away from the fact that government by its very nature is arbitrary, but he identifies the "law-making" features of government as the essence of its arbitrariness.
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Brincando com a Morte, Rex Stout ([email protected]) - Highlight Loc. 2095-2100 | Added on Monday, July 23, 2012, 08:12 AM      — É menos do que três quilômetros. O exercício ao ar livre faz com que o corpo fique disposto e a mente alerta. Motoristas de táxi falam muito. Por exemplo, quando um deles fosse tomar um prato de sopa numa lanchonete, diria: “Nero Wolfe saiu. Acabei de levá-lo naquela casa na Rua 11, onde aquela mulher está com a criança.” Dentro de uma hora a cidade inteira saberia. Podemos parar num bar para tomar uma cerveja. Diga quando quiser.      — Você é que fala demais. Você já me viu caminhar por vales e montanhas durante dias.      — Sim, nunca me esquecerei disso.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1118-22 | Added on Tuesday, July 24, 2012, 06:38 AM When two primitive feudal states amalgamate, their social layers stratify in a variety of ways, which to a certain extent are comparable to the combinations resulting from mixing together two packs of cards. It is certain that this mechanical mixture caused by political forces, influences the development of castes , that is to say, of hereditary professions, which at the same time form a hierarchy of social classes. “Castes are usually, if not always, consequences of conquest and subjugation by foreigners.” 53
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Memorial de Aires, Machado de Assis ([email protected]) - Highlight Loc. 634-35 | Added on Friday, July 27, 2012, 06:58 AM A segunda confissão foi por ocasião de casar. Daí em diante não fui mais que virtudes.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1214-17 | Added on Friday, July 27, 2012, 07:14 AM “Cook tells of tribes in Polynesia, with whom no intercourse was possible, since presents made absolutely no impression on them, and were afterward thrown away; everything shown them they regarded with indifference, and with no desire to own it, while with their own things they would not part; in fact, they had no conception of either trade or barter.” 58
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1256-58 | Added on Saturday, July 28, 2012, 01:35 AM Therefore, a whole code of public law ceremonies grew up, intended to demonstrate the pacific intent of the newcomer. ∗ One puts aside one’s arms and shows one’s unarmed hand,
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1261-64 | Added on Saturday, July 28, 2012, 01:36 AM Westermarck, in his recent monumental work (1907), Origin and Development of Moral Concepts , 68 states that the custom of hospitality results from two causes, curiosity for news from the stranger from afar, and still more from the fear that the stranger may be endowed with powers of sorcery, imputed to him just because he is a stranger.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1264-65 | Added on Saturday, July 28, 2012, 01:37 AM In the Bible, hospitality is recommended for the reason that one can not know that the stranger may not be an angel.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1273-76 | Added on Saturday, July 28, 2012, 01:38 AM “It is quite erroneous to suppose that the division of labor takes place only on a high scale of economic development. There are in the interior of Africa villages of iron-smiths, nay, of such as only turn out dartknives; New Guinea has its villages of potters, North America its arrow-head makers.” 69
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1300-1304 | Added on Saturday, July 28, 2012, 01:42 AM All over the world, the marriage of near relatives is considered an outrage, as “incest,” for reasons not within the scope of this book. 74 This directs the sexual longing toward the women of neighboring tribes, and thus makes the loot of women a part of the primary intertribal relations; and in nearly all cases, unless strong feelings of race counteract it, the violent carrying off of women is gradually commuted to barter and purchase,
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Boundaries of Order (Butler Shaffer) - Highlight Loc. 5262-63 | Added on Saturday, July 28, 2012, 03:37 AM 2Anthony de Jasay, Against Politics: On Government, Anarchy, and Order (London: Routledge, 1997), pp. 59–60.
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Transparency, Appropriability and the Early State (owner) - Highlight on Page 5 | Added on Monday, July 30, 2012, 03:06 AM WeshallarguethatthesedifferencesbetweenancientEgyptandMesopotamia,aswellas themajordifferencesbetweensouthernandnorthernMesopotamia,stemfromthedifferencesin thedegreeoftransparencyoffarmingactivity.Inparticular,wecontendthattheprincipalunique featureofEgyptwasthetransparencyofitswatersupply.Indeed,scholarshaveknownallalongthat thepubliclyobservedleveloftheNilerevealedthe‘stateofnature’ofindividualfarmersthroughout Egyptwithhighaccuracy.8Wearguethatthisfeatureenabledthedifferentlayersofgovernment inEgypttoemploythe‘stick’incentivesscheme,ratherthanthe‘carrot.’Thisstickscheme wasadoptedbylocallordstowardstheindividualpeasants,explainingwhyEgyptdidnotresortto privatelandownership.Moreimportantly,theNile’stransparencyenabledthePharaohstoemploy asimilarstickschemetowardsthedistrictgovernorsanddownthechainofmiddlemenengagedin remittingtaxestothecenter.ThisenabledthePharaohstosiphonoffasignificantshareofthe country’sagriculturalproductwiththeuseofarelativelyleanbureaucracyandwithprovincial administrativecentersthatretainedlittleindependentpower.Weshallsimilarlyarguethatthe differencesbetweennorthernandsouthernMesopotamiamaybeattributedtosomewhatsimilar differencesinthetransparencyoffarming:thealluvialplanesweremorepronetoacentralized governmentalcontrolthanthemostlyrain-fedhighlandinthenorth.Moreover,weshallapply asimilarlineofargumenttoexplainwhyEgyptrapidlyevolvedintoacentralstablestatewith weakcities,whilethecitiesinMesopotamiawerepowerfulandthesuccessiveattemptstounify Mesopotamiaunderacentralstatewerepronetofail
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Mestre de um Universo (Yuri Vieira dos Santos) - Highlight Loc. 758-59 | Added on Monday, July 30, 2012, 06:39 AM O problema é bem outro: os irmãos Wachovsky tentaram juntar zen-budismo com messianismo salvador, uma coisa que nem o Li Hongzhi da Falun Gong ainda se atreveu a fazer. E, claro, só podiam mesmo criar um monstro de mil e uma cabeças de Mister Smith.
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Mestre de um Universo (Yuri Vieira dos Santos) - Highlight Loc. 751-52 | Added on Monday, July 30, 2012, 06:43 AM MATRIX REVOLUTIONS OU MATRIX DISAPPOINTMENTS?
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Mestre de um Universo (Yuri Vieira dos Santos) - Highlight Loc. 815 | Added on Monday, July 30, 2012, 06:55 AM LIBERTÁRIOS, ESTATISTAS, FRIENDS, JIVAGO E ISLÃ
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Mestre de um Universo (Yuri Vieira dos Santos) - Highlight Loc. 1046-49 | Added on Monday, July 30, 2012, 07:08 AM “Muita gente acha que somos responsáveis pelo todo da imagem que filmamos, mas não é assim que ocorre. É preciso saber lidar com o acaso e, para tanto, basta estar tranquilo, quieto, aberto para o mundo e a vida. Não adianta ficar planejando e planejando e planejando. A gente tem que partir pra ação e, quando se ama o que se faz, quando a gente assume a própria sensibilidade, tudo entra nos eixos e nos presenteia com as mais belas cenas. Filmar bem é ser simpático. Com os outros e com o mundo”.
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Mestre de um Universo (Yuri Vieira dos Santos) - Highlight Loc. 1295-96 | Added on Monday, July 30, 2012, 07:44 AM Os Protocolos dos Sábios do Sião.
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Mestre de um Universo (Yuri Vieira dos Santos) - Highlight Loc. 1382-83 | Added on Monday, July 30, 2012, 11:33 PM Quinta Revelação de Época,
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Memorial de Aires, Machado de Assis ([email protected]) - Highlight Loc. 686-87 | Added on Thursday, August 02, 2012, 08:44 AM Eu sorri como devia, e fui ouvir a explicação que me davam de um bluff. No poker, bluff é uma espécie de conto-dovigário.
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The Continuing Relevance of Austrian Capital Theory, Nicolai J. Foss ([email protected]) - Highlight Loc. 71-72 | Added on Saturday, August 04, 2012, 01:30 AM Dennis robertson (1934, p. 653) put it in his variation of ABCT.
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The Continuing Relevance of Austrian Capital Theory, Nicolai J. Foss ([email protected]) - Highlight Loc. 76-79 | Added on Saturday, August 04, 2012, 01:32 AM The key notion here is the fundamentally Mengerian one that capital goods are “essentially forwardlooking components of multi-period plans.”13 As Mises argued, this conceptualization in itself invalidates aggregation of capital goods: ”the totality of the produced factors of production is merely an enumeration of physical quantities of thousands and thousands of various goods. Such an inventory is of no use to acting.”14
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The Continuing Relevance of Austrian Capital Theory, Nicolai J. Foss ([email protected]) - Highlight Loc. 184-87 | Added on Sunday, August 05, 2012, 01:35 PM If production factors are assumed to be homogenous within categories and production is always at the efficient frontier, there is simply very little to do for the entrepreneur. In actuality, capital is heterogeneous, and the combination of capital assets requires technical and commercial processes that are in a sense experimental in nature.29
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The Continuing Relevance of Austrian Capital Theory, Nicolai J. Foss ([email protected]) - Highlight Loc. 194-98 | Added on Sunday, August 05, 2012, 01:36 PM As North (1990, p. 6) explains, “[t]he major role of institutions in a society is to reduce uncertainty by establishing a stable (but not necessarily efficient) structure to human interaction. The overall stability of an institutional framework makes complex exchange possible across both time and space.” In turn, higher certainty implies lower transaction costs, as the costs of entering into, bargaining, monitoring and protecting contractual and ownership rights are reduced.31 This increases the expected value of projects, and hence makes them more likely to be undertaken.
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The Continuing Relevance of Austrian Capital Theory, Nicolai J. Foss ([email protected]) - Highlight Loc. 200-202 | Added on Sunday, August 05, 2012, 01:37 PM It remains veiled how exactly institutions and cultural factors frame the decisions of the millions of entrepreneurs and of entrepreneurial managers working with large companies.
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The Continuing Relevance of Austrian Capital Theory, Nicolai J. Foss ([email protected]) - Highlight Loc. 200-201 | Added on Sunday, August 05, 2012, 01:37 PM It remains veiled how exactly institutions and cultural factors frame the decisions of the millions of entrepreneurs
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Expansionary Monetary Policy and Decreasing Entrepreneurial Quality, Lucas Engelhardt ([email protected]) - Highlight Loc. 92-94 | Added on Monday, August 06, 2012, 08:18 AM One of the more obvious is that entrepreneurs may simply be ignorant of the effects of monetary policy (as suggested by Block [2001]). While the nature of entrepreneurship requires that entrepreneurs have a keen judgment of what the future holds in their own market, they may not have developed as keen an eye for the effect that monetary policy has on their businesses.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 48-53 | Added on Tuesday, August 07, 2012, 03:03 AM 4. Cada mónada, com um corpo particular, constitui uma substância viva. Por isso, não só há vida em toda parte, associada aos membros ou órgãos, mas há também uma infinidade de graus entre as mónadas, dominando umas mais ou menos sobre as outras. Mas quando a mónada possui órgãos tão ajustados que, por meio deles, existe relevo e distinção nas impressões que eles recebem, e por conseguinte nas percepções que as representam (como por exemplo, graças à figura dos humores dos olhos, os raios da luz são concentrados e actuam com maior força), isso pode chegar ao sentimento, quer dizer, a uma percepção acompanhada de memória, isto é, dela persiste por muito tempo um certo eco a fim de, na ocasião justa, se fazer ouvir; e esse ser vivo chama-se animal, tal como a sua mónada se denomina uma alma.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 57-59 | Added on Tuesday, August 07, 2012, 03:33 AM É bom, pois, distinguir entre a percepção, que é o estado interior da mónada representando as coisas externas, e a apercepção, que é a consciência ou o conhecimento reflexivo daquele estado interior, mas que não é dada a todas as almas, e nem sempre também à mesma alma.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 79-83 | Added on Tuesday, August 07, 2012, 03:40 AM Verdade é que as almas dos animais espermáticos humanos não são racionais, e só tais se tornam quando a concepção determina estes animais à natureza humana. E tal como os animais, em geral, não nascem integralmente na concepção ou geração, também não morrem inteiramente no que chamamos morte; pois é razoável que o que naturalmente não começa também não feneça na ordem da natureza. Assim, ao livrar-se da sua máscara ou dos seus andrajos, regressam simplesmente a um teatro mais subtil onde podem, todavia, ser tão sensíveis e bem ordenados como no maior.
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Frida – uma singela homenagem a Paulo Coelho (textos.yurivieira.com) - Highlight Loc. 101-2 | Added on Wednesday, August 08, 2012, 03:34 AM “Nas notas de um dólar não está escrito: In God We Trust? Isso quer dizer que o dinheiro se fia em si mesmo, afinal, ele não é Deus?”
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 119-22 | Added on Thursday, August 09, 2012, 11:20 PM 12. Da perfeição do autor supremo segue-se ainda que não só a ordem do universo inteiro é a mais perfeita que é possível, mas também que cada espelho vivo representando o universo segundo o seu ponto de vista, ou seja, que cada mónada, cada centro substancial, deve ter as suas percepções e os seus apetites com a melhor ordem que é compatível com todo o resto.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 129-31 | Added on Thursday, August 09, 2012, 11:23 PM Cada alma conhece o infinito, conhece tudo, mas confusamente. Assim como ao passear à beira-mar, e ao ouvir o grande fragor que ele faz, oiço os estampidos particulares de cada onda de que se compõe o estrépito total, mas sem os distinguir, assim as nossas percepções confusas são o resultado das impressões que todo o universo em nós produz.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 131-32 | Added on Thursday, August 09, 2012, 11:24 PM Só Deus tem um conhecimento nítido de tudo, porque Ele é sua fonte.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Note Loc. 131 | Added on Thursday, August 09, 2012, 11:25 PM so conhecemos bem aquilo que nos mesmos fizemos.
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 140-43 | Added on Thursday, August 09, 2012, 11:51 PM Eis porque todos os espíritos, quer dos homens quer dos numes, ao ingressarem, graças à razão e às verdades eternas, numa espécie de sociedade com Deus, são membros da cidade de Deus, isto é, do mais perfeito estado, formado e governado pelo maior e melhor dos monarcas: onde não há crime sem castigo, nem boas acções sem recompensa proporcionada; e, por fim, tanta virtude e felicidade quanto é possível;
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Princípios da Natureza e da Graça, Leibniz ([email protected]) - Highlight Loc. 165-68 | Added on Thursday, August 09, 2012, 11:57 PM A suprema felicidade (seja qual for a visão beatífica ou o conhecimento de Deus que a possa acompanhar) jamais pode, decerto, ser completa porque, sendo Deus infinito, nunca será de todo cognoscível. Assim, a nossa felicidade nunca consistirá, e não pode consistir, numa plena fruição onde nada mais haveria a desejar e que tornaria estúpido o nosso espírito; mas num progresso perpétuo para novos deleites e novas perfeições.
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Pricing Experiments You Might Not Know, But Can Learn From (conversionxl.com) - Highlight Loc. 177-82 | Added on Tuesday, August 14, 2012, 06:15 AM You create 3 different plans/packages, and intend to sell mainly the middle one. If your product is expensive, make your website look expensive. The first plan is a decoy. It’s similar to the middle plan, but offers visibly less value while costing almost as much. Think of it as A- (as per The Economist example). Second plan, the one you want to sell, offers good value for money. The price ends with 9. Maybe it even shows that it has been reduced from a previously higher price or it’s a sale (either way, it has to be true / ethical). Third plan is to serve as a contrast to the middle one, it’s role is to anchor in a high figure. Make it much, much more expensive than the middle plan. You don’t actually intend to sell it, but there always the type that wants the most expensive plan – so make sure you can actually deliver on it.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 251-54 | Added on Tuesday, August 14, 2012, 10:31 AM       — Você vai gostar desta. Paul Chapin, o homem no banco das testemunhas, autor de O diabo vem por último, é o vilão da história de Andrew Hibbard. É o vingador psicopata de um antigo e trágico mal que cometeram contra ele.       — É nada. — Olhei com desconfiança para Wolfe. Eu sabia que, às vezes, ele se entregava à prática de inventar.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 254-55 | Added on Tuesday, August 14, 2012, 10:31 AM — Por quê?       As sobrancelhas de Wolfe ergueram-se um pouco. — Você espera que eu explique o universo?
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 255-56 | Added on Tuesday, August 14, 2012, 10:32 AM Retificando: como sabe que é ele?       — Por meio de processos mentais prosaicos. É preciso que eu os descreva?       — Eu gostaria muitíssimo.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 421-22 | Added on Friday, August 17, 2012, 06:34 AM       — A senhorita tem algum tipo de hostilidade pessoal contra o senhor Chapin?       — Pessoal? — Ela franziu a testa. — Existe algum tipo de hostilidade que não seja pessoal?
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IMB - A democracia não é a solução; é o problema (mises.org.br) - Highlight Loc. 3-7 | Added on Sunday, August 19, 2012, 10:48 AM Imagine um governo mundial, democraticamente eleito de acordo com o princípio — também em escala mundial — do 'um homem-um voto'.  Qual seria o provável resultado dessa eleição?  O mais provável é que teríamos uma coalizão governamental entre chineses e indianos.  E o que tal governo estaria mais propenso a fazer com o intuito de agradar seus partidários e ser reeleito?  Ele provavelmente iria achar que o chamado mundo ocidental tem riqueza em excesso e que o resto do mundo, em particular a China e a Índia, tem pobreza em excesso — e que, portanto, uma sistemática redistribuição de renda e riqueza seria necessária.
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Are Eggs Really as Bad for Your Arteries as Cigarettes? (lewrockwell.com) - Highlight Loc. 81-85 | Added on Monday, August 20, 2012, 05:44 AM For all we know, egg yolk intake could have been a marker for eating garbage; most people aren’t tossing raw olks into post-workout shakes, gently poaching eggs with coconut vinegar, or horrifying co-workers with a bag full of hard-boiled eggs like we Primals are wont to do. They’re getting Grand Slams at Denny’s, eating bologna sandwiches with mayo on white bread, and overcooking scrambled eggs in canola oil until they’re rubber.
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IMB - O bem da maioria é uma tirania (mises.org.br) - Highlight Loc. 36-37 | Added on Monday, August 20, 2012, 06:01 AM "a harmonia natural dos interesses". 
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Um verbete do Dicionário Gastronômico do Pai Pançudo (1889) (alexandresoaressilva.wordpress.com) - Highlight Loc. 11-15 | Added on Tuesday, August 21, 2012, 09:23 AM Nossos leitores acostumados a passar férias nesta afortunada região devem ter se acostumado à vista dos nossos camponeses, a caminho da vindima, parando junto ao cercado do Recanto dos Dispépticos, apertando com dedos experientes a barriga de um pato  para provocar borborigmos, e em seguida enfiando a língua o mais fundo possível pelo bico do animal, para saboerar, nas paredes da sua garganta, o néctar do refluxo estomacal! Um espetáculo que alguns leitores de excessiva delicadeza podem achar grotesco, mas que a tantos outros lembra um amante vergado por sobre a mais aromática das rosas.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1531-34 | Added on Wednesday, August 22, 2012, 08:13 PM the territorial State, strongly decentralized from the start, for a long time continues to develop as it expands a still more pronounced decentralization. Later, we shall see how this is affected by the adoption of those forms of government and of economic achievement which first were perfected in the “city-state,” and which thus obtained the strength to counteract the centrifugal forces, and to build up the central organization which is characteristic of our modern states.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1553-55 | Added on Thursday, August 23, 2012, 05:35 AM The psychology of the townsman, and especially of the dweller in the maritime commercial city, is radically different from that of the countryman. His point of view is freer and more inclusive, even though it be more superficial; he is livelier, because more impressions strike him in a day than a peasant in a year.
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Malinvestment and Triangles (economicthought.net) - Highlight Loc. 53-54 | Added on Thursday, August 23, 2012, 08:30 PM 6. Mises writes, “If one wants to know whether or not there is credit expansion, one must look at the state of the supply of fiduciary media, not at the arithmetical state of interest rates” (Human Action [Auburn: Ludwig von Mises Institute, 1998], p. 556).
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Crowding out private-sector success (triblive.com) - Highlight Loc. 10-14 | Added on Thursday, August 23, 2012, 08:45 PM Sure, Wal-Mart uses government-built highways to speed its inventories to its stores. But the fact that Wal-Mart would be unable to operate without the highway system doesn’t make those highways a uniquely special input to which Wal-Mart owes all, or even much, of its success. Wal-Mart would be equally unable to operate without farmers to grow food to feed its truck drivers — or without textile producers to supply clothes for those drivers — or without oil companies to fuel its fleet of trucks. Would Obama therefore conclude that Wal-Mart owes some special, open-ended obligation to oil companies?
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The making of Warcraft part 2 (codeofhonor.com) - Highlight Loc. 124-25 | Added on Friday, August 24, 2012, 08:12 AM And fluorescent bulbs are the worst form of light available — the cold, flickering glow of their tubes tires the eyes and washes out colors.
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Economic Thought (economicthought.net) - Highlight Loc. 14-20 | Added on Saturday, August 25, 2012, 03:35 PM Perhaps in response to Keynes, F.A. Hayek developed his own theory of causality during the mid- and late 1930s. He named it the Ricardo effect, although it’s also known as the Concertina effect. Hayek’s theory is a defense of the classical growth theory, and argues that a fall in consumption will not reduce investment, but instead change the kind of investment. Suppose a period of relatively high levels of consumption; firms selling consumers’ goods will make high profits, meaning that the wages of their workers will be relatively low (what Hayek referred to as “low real wages,” in his 1939 monograph Profits, Interest and Investment). Given low real wages, the type of machinery in demand (capital goods) will be of the labor-intensive kind. However, during periods of low consumption and high real wages, firms will instead demand labor-saving equipment.
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Five Years After by Roderick T. Long (lewrockwell.com) - Highlight Loc. 48-49 | Added on Saturday, September 08, 2012, 01:56 AM The real lesson of 9/11 is, or should be, the ineffectiveness of state action.
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Confessions of the Antichrist: by Roderick T. Long (lewrockwell.com) - Highlight Loc. 69-75 | Added on Sunday, September 09, 2012, 10:10 PM According to theological voluntarism (also known as "theological subjectivism" or "divine command theory"), the rules of morality are the product of God's free choice, and he can alter them as he pleases; God's decrees are what make actions right or wrong. According to theological intellectualism (also called "theological objectivism"), by contrast, the rules of morality are logical truths that even God cannot change; in the Thomistic version of theological intellectualism, this is because to be God is to be objective goodness personified, and so God cannot alter the requirements of goodness without ceasing to be God, i.e., without destroying himself.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 2084-88 | Added on Tuesday, September 11, 2012, 02:29 AM Em segundo lugar, eu sabia que Wolfe já errara, poucas vezes, porém mais de uma. Quando a ocasião mostrou que ele estivera errado a respeito de algo, era uma delícia vê-lo lidar com a situação. Ele balançava o dedo de maneira mais rápida e violenta do que de costume e murmurava com os olhos quase abertos, “Archie, eu adoro cometer um erro, é a minha única garantia de que não se pode razoavelmente esperar que eu carregue o fardo da onisciência”.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 3107-10 | Added on Saturday, September 15, 2012, 06:03 PM       Wolfe suspirou. — Aquela bagunça abominável! Fica a mais de três quilômetros, quase cinco, se não me engano. A última vez que saí desta casa foi no início de setembro, para ter o privilégio de almoçar à mesma mesa com Albert Einstein, e ao voltar para casa choveu. Você se lembra disso.       — Sim. E como me lembro. Chovia tanto que as ruas estavam até úmidas.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 3115-16 | Added on Saturday, September 15, 2012, 06:04 PM Está na moda dizer que tudo é possível. A verdade é que poucas coisas são possíveis, lamentavelmente poucas.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 3132-33 | Added on Saturday, September 15, 2012, 06:07 PM É claro que o assassinato do doutor Burton estava na primeira página dos jornais. Eu os li e me diverti muito.
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 3195-96 | Added on Saturday, September 15, 2012, 06:37 PM Eu agradeci, e ela acenou afirmativamente com a cabeça, sem movê-la, o que parece improvável, mas eu juro que ela o fez,
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A Confraria do Medo, Rex Stout ([email protected]) - Highlight Loc. 3433-36 | Added on Saturday, September 15, 2012, 11:04 PM ele veio até a porta do banheiro e me disse que havia deixado instruções com Fritz para o meu café da manhã. Eu respondi que não queria instruções, e sim ovos com presunto. Ele riu novamente e foi embora. Fiquei muito contente por ele estar rindo, porque me pareceu provável que, se realmente houvesse furadores de gelo enfiados na minha cabeça, ele, sendo médico, estaria tirando-os de lá em vez de estar rindo de mim.
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Libertarian Anarchism: Responses to Ten Objections by Roderick T. Long (lewrockwell.com) - Highlight Loc. 352-55 | Added on Monday, September 17, 2012, 06:23 AM Q4: What will prevent protection companies from becoming a protection racket? RL: Well, other protection companies. If it succeeds in doing it, then it's become a government. But during the time it's trying to do it, it hasn't yet become a government, so we assume there are still other agencies around, and it's in those other agencies' interest to make sure that this doesn't happen.
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Privatization, Viking Style: Model or Misfortune? (lewrockwell.com) - Highlight Loc. 92-94 | Added on Monday, September 17, 2012, 03:34 PM (So imbued were the Icelanders with the norms of conflict resolution through arbitration that they dealt with haunted houses in the same way – trying the ghosts for trespassing, in the confident expectation that, if found guilty, a good Icelandic ghost would respect the verdict of the court and peacefully depart!)
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 1689-90 | Added on Tuesday, September 18, 2012, 11:55 PM in many cases, the descendant of the former tribal king is preserved as a dignitary, otherwise totally powerless, while the actual power of government has long since been transferred to some war chief;
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Brief Post on Free Will and God’s Sovereignty (consultingbyrpm.com) - Highlight Loc. 25-26 | Added on Wednesday, September 19, 2012, 12:04 AM we can influence the material world. For example, I can use my “mind powers” to control my right hand. We take it for granted because we can all do it, but if I could move a rock the way I can move my hand, it would be astonishing.
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Memorial de Aires, Machado de Assis ([email protected]) - Highlight Loc. 849-50 | Added on Wednesday, September 19, 2012, 01:57 AM Faria aproveitou o reparo da esposa para dizer o mal que pensa da companhia do gás e do governo, e chamou ladrão ao fiscal. Eram onze horas.
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Discurso de Isaac Bashevis Singer – Prêmio Nobel de 1978 - Blog do Yuri (blogdo.yurivieira.com) - Highlight Loc. 18-26 | Added on Thursday, September 20, 2012, 08:32 PM “Senhoras e senhores: há quinhentas razões pelas quais eu comecei a escrever para crianças, mas para economizar tempo irei mencionar somente dez delas. Número 1) Crianças lêem livros e não resenhas. Elas não dão a mínima para a crítica. Número 2) Crianças não lêem para buscar sua identidade. Número 3) Elas não lêem para se ver livres de culpa, para saciar sua sede de rebelião, ou para se desembaraçar da alienação. Número 4) Elas não vêem utilidade na psicologia. Número 5) Elas detestam sociologia. Número 6) Elas não tentam entender Kafka ou o Finnegans Wake. Número 7) Elas ainda crêem em Deus, na família, anjos, demônios, bruxas, gnomos, lógica, claridade, pontuação, e outras coisas obsoletas. Número 8 ) Elas amam estórias interessantes, não comentários, guias ou notas de rodapé. Número 9) Quando um livro é chato, elas bocejam descaradamente, sem qualquer vergonha ou medo da autoridade. Número 10) Elas não esperam que seu bem amado escritor redima a humanidade. Jovens como são, elas sabem que isto não está sob o poder dele. Apenas adultos possuem tais ilusões infantis.”
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Hayek's Critique of The General Theory ([email protected]) - Highlight Loc. 139-40 | Added on Thursday, September 20, 2012, 09:21 PM “[i]t is not surprising that Mr. Keynes finds his views anticipated by the mercantilist writers and gifted amateurs:8 concern with the surface phenomena has always marked the first stage of the scientific approach to our subject.” (Hayek, 1941, p. 410)
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Hayek's Critique of The General Theory ([email protected]) - Highlight Loc. 269-70 | Added on Friday, September 21, 2012, 10:23 AM Hayek argues that Keynesian policies pose a serious risk for international economic relations. He states that inflation caused by Keynes’ spending policies will lead to high volatility in exchange rates, which will be harmful both for trade and international investment.
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Clientes Demais, Rex Stout ([email protected]) - Highlight Loc. 106-9 | Added on Friday, September 21, 2012, 08:25 PM Em frente à lanchonete, junto ao meio-fio ou estacionado em fila dupla, um táxi azul e amarelo estará esperando pelo senhor, o motorista a postos e o taxímetro funcionando. O motorista terá um grande rosto quadrado e orelhas compridas. O senhor deverá dizer a ele: “Você está precisando se barbear”, e ele responderá: “Meu rosto é muito sensível”.
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Clientes Demais, Rex Stout ([email protected]) - Highlight Loc. 161-70 | Added on Friday, September 21, 2012, 08:31 PM      — Archie? — perguntou.      — Sou eu mesmo. Por acaso você...      — Como é que você sabia que Thomas G. Yeager ia ser assassinado quando me telefonou, três horas atrás?      — Eu não sabia. Eu não sei. Eu simplesmente...      — Pouco importa. Agradeço do mesmo jeito. Obrigado pela manchete de primeira página. NERO WOLFE PASSA A PERNA NOS TIRAS OUTRA VEZ. Estou escrevendo a matéria agora: “Nero Wolfe, excelente detetive particular, já estava investigando o assassinato de Yeager mais de duas horas antes de o corpo ser descoberto em uma escavação na rua 82 Oeste. Às dezessete horas, seu criado, Archie Goodwin, telefonou para a redação da Gazette para obter...”      — Você vai engolir essas palavras. Todo mundo sabe que eu não sou um criado, sou um empregado, e a idéia de Nero Wolfe passar a perna nos tiras... Além disso, esta é a primeira vez que estou telefonando para você há meses. Se alguém lhe telefonou imitando minha voz foi provavelmente o assassino, e se você tivesse sido suficientemente esperto para mantê-lo na linha enquanto tentava descobrir o local da ligação, poderia ter...
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Clientes Demais, Rex Stout ([email protected]) - Highlight Loc. 237-39 | Added on Sunday, September 23, 2012, 02:04 AM Além disso, estou lhe oferecendo um acordo. Se você esquecer minha curiosidade sobre Yeager, eu o incluirei em minha lista de cartões de Natal. Este ano será uma gravura abstrata, com vinte cores e a mensagem “Queremos compartilhar esta foto que nos mostra dando banho no cachorro. Boas festas de Archie, Mehitabel e filhos”.
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Praxeology and Understanding (G.A. Selgin) - Highlight on Page 12 | Added on Sunday, September 23, 2012, 12:03 PM Indeed, it is only in a world of time and uncertainty that action, the starting point of praxeological analysis, would be possible at all. In a world of perfect certainty and knowledge, individual "actions" would be entirely predetermined. They would be automatic, not purposeful.
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And the War Came (lewrockwell.com) - Highlight Loc. 102-6 | Added on Wednesday, September 26, 2012, 07:16 AM The next day, the German ambassador to St. Petersburg, Portalès, called on the Russian Foreign Minister. After asking him four times whether Russia would cancel mobilization and receiving each time a negative reply, Portalès presented Sazonov with Germany's declaration of war. The German ultimatum to France was a formality. On August 3, Germany declared war on France as well.[17]
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Rip them out (telegraph.co.uk) - Highlight Loc. 18-20 | Added on Friday, September 28, 2012, 08:10 AM In Jersey, this unregimented "system" is called filter-in-turn. It allows courtesy to flourish and traffic to flow. Pedestrians breathe cleaner air and are seen as fellow road-users rather than obstacles in the way of the next light.
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Rip them out (telegraph.co.uk) - Highlight Loc. 24-26 | Added on Friday, September 28, 2012, 08:12 AM In Drachten in Holland, "shared space" pioneer Hans Monderman removed traffic lights and signs. Streets and pavements were levelled and cobbled, street activity encouraged. Accidents, congestion and journey times fell, and now road-users smile.
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Rip them out (telegraph.co.uk) - Highlight Loc. 27 | Added on Friday, September 28, 2012, 08:12 AM Given responsibility, they exercise meaningful self-control.
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Rip them out (telegraph.co.uk) - Highlight Loc. 27-28 | Added on Friday, September 28, 2012, 08:13 AM Monderman walks into the road without looking, knowing that drivers, undistracted by lights, are watching the road.
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Rip them out (telegraph.co.uk) - Highlight Loc. 30-31 | Added on Friday, September 28, 2012, 08:13 AM In Montana, USA, scrapping speed limits brought a 7mph drop in average speeds and a 30 per cent reduction in accidents.
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Rip them out (telegraph.co.uk) - Highlight Loc. 36-38 | Added on Friday, September 28, 2012, 08:15 AM Mandatory lights, permanent bus lanes, motorbikes banned from bus lanes, vicious parking controls, premature congestion charging, one-way systems that make you go via XYZ to get from A to B...
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IMB - Como se deu o milagre econômico alemão do pós-guerra (mises.org.br) - Highlight Loc. 67-70 | Added on Friday, September 28, 2012, 07:49 PM Os Aliados observaram a reforma econômica com grande ansiedade, dúvida e apreensão.  Com efeito, o general Lucius D. Clay, nomeado pelos Aliados como diretor de política econômica, enviou um ríspido memorando para Ludwig Erhard alertando-o de que os controles econômicos do governo militar não poderiam ser alterados sem uma prévia permissão.  A corajosa resposta do professor Erhard merece ser repetida continuamente até o fim dos tempos: "Eu não alterei seus controles; eu os aboli".
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4203-5 | Added on Friday, September 28, 2012, 11:46 PM History is useful for the thrill of knowing the past, and for the narrative (indeed), provided it remains a harmless narrative. One should learn under severe caution. History is certainly not a place to theorize or derive general knowledge, nor is it meant to help in the future, without some caution.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4208-9 | Added on Friday, September 28, 2012, 11:47 PM Learn to read history, get all the knowledge you can, do not frown on the anecdote, but do not draw any causal links, do not try to reverse engineer too much—but if you do, do not make big scientific claims.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4224 | Added on Friday, September 28, 2012, 11:47 PM Yogi Berra might have a theory of epilogism with his saying, “You can observe a lot by just watching.”
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4415-16 | Added on Friday, September 28, 2012, 11:55 PM Dan Gilbert showed in a famous paper, “How Mental Systems Believe,” that we are not natural skeptics and that not believing required an expenditure of mental effort.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4268-69 | Added on Friday, September 28, 2012, 11:56 PM Know how to rank beliefs not according to their plausibility but by the harm they may cause.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4417-20 | Added on Saturday, September 29, 2012, 12:02 AM Make sure that you have plenty of these small bets; avoid being blinded by the vividness of one single Black Swan. Have as many of these small bets as you can conceivably have. Even venture capital firms fall for the narrative fallacy with a few stories that “make sense” to them; they do not have as many bets as they should. If venture capital firms are profitable, it is not because of the stories they have in their heads, but because they are exposed to unplanned rare events.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4397-98 | Added on Saturday, September 29, 2012, 04:39 PM in order to make a decision you need to focus on the consequences (which you can know) rather than the probability (which you can’t know) is the central idea of uncertainty. Much of my life is based on it.
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The State (FRANZ OPPENHEIMER) - Highlight Loc. 2411-15 | Added on Saturday, September 29, 2012, 10:05 PM In the course of this discussion it was shown how the “state” absorbed and developed these organizations making for peace, and how in consequence these drive back ever further right based on mere might. Merchants’ law becomes city law; the industrial city, the developed economic means, undermines the feudal state, the developed political means; and finally the civic population, in open fight, annihilates the political remnants of the feudal state, and re-conquers for the entire population of the state freedom and right to equality, urban law becomes public law and finally international law.
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Moralidade Sem Deus? (meucatolicismo.blogspot.com.br) - Highlight Loc. 54-59 | Added on Wednesday, October 03, 2012, 04:28 PM não estou negando o fato da variação dos códigos morais, mas apenas o modo de encará-los e as conclusões que se tiram dele. Porque, se os códigos morais divergem, não é menos verdade qu cada um deles se apresenta como verdadeiro, e que esta reivindicação de uma verdade faz parte da natureza mesma dos códigos morais. De modo que, de duas uma : ou estão todos errados - o que implica uma condenação global da inteligência humana, condenação da qual não estaria isento o antropólogo que a proferisse - , ou então a variação mesma deveria ser encarada como uma pluralidade de aspectos da mesma verdade. Cada código moral seria então visto como uma adaptação temporal e contigente de uma mesma Lei supratemporal e, em sua essência, invariável. Ou seja : de uma Lei divina.
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Moralidade Sem Deus? (meucatolicismo.blogspot.com.br) - Highlight Loc. 93-96 | Added on Thursday, October 04, 2012, 02:07 AM Se o conhecimento é, precisamente, a redução da multiplicidade fenomênica à unidade de um princípio, a constatação das variações morais só teria sentido intelectual se conduzisse à constatação de uma unidade principal (termo cunhado por René Guénon , para designar o que se refere ao mundo dos princípios, eternos e imutáveis, por oposição ao mundo da manifestação.) e supra-histórica.
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Moralidade Sem Deus? (meucatolicismo.blogspot.com.br) - Highlight Loc. 106-8 | Added on Thursday, October 04, 2012, 02:10 AM A moral, por isso, sempre apresentou duas faces : uma absoluta, voltada para sua raiz na eternidade; outra relativa, reflexo da eternidade no tempo. O simplismo dos tempos modernos sempre sentiu esse paradoxo como insuportável, tentando liquidá-lo pela supressão de um dos termos, sistematicamente o primeiro deles.
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Moralidade Sem Deus? (meucatolicismo.blogspot.com.br) - Highlight Loc. 123-25 | Added on Thursday, October 04, 2012, 02:14 AM A moralidade leiga, portanto, constituirá apenas um código jurídico de penalidades, e não um código de valores positivos que sirva de base para a decisão e, portanto, para o fortalecimento da personalidade humana. Daí a associação, comum entre jovens de hoje, entre "moral" e "repressão",
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Moralidade Sem Deus? (meucatolicismo.blogspot.com.br) - Highlight Loc. 178-82 | Added on Thursday, October 04, 2012, 04:26 AM Resta ainda a hipótese de, embalados por algum dos sentimentalismos contemporâneos, elevarmos algum ideal parcial - a paz social, a liberdade, a felicidade, o amor humano, ou seja lá o que for - à condição de absoluto, e o cultuarmos em seguida. Mas isto é a definição mesma da idolatria, e não pode ter sido para isto que Moisés quebrou o bezerro de ouro, que Mohammed invadiu a Kaaba para quebrar os ídolos, ou que o Cristo, num de seus mais sublimes paradoxos, respondeu ao suplicante: "Por que me chamas bom? Só Deus é bom".
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Clientes Demais, Rex Stout ([email protected]) - Highlight Loc. 1095-97 | Added on Monday, October 08, 2012, 11:21 PM      — Quem decide se o senhor observou fielmente a cláusula contratual?      — A razão e a boa fé, aplicadas conjuntamente. Se houver alguma dúvida, decidiremos em um tribunal, mas essa contingência é remota.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4501-3 | Added on Wednesday, October 10, 2012, 07:02 AM For an anecdotal example read Fire the Bastards!, whose author, Jack Green, goes systematically through the reviews of William Gaddis’s novel The Recognitions. Green shows clearly how book reviewers anchor on other reviews and reveals powerful mutual influence, even in their wording.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4555-56 | Added on Wednesday, October 10, 2012, 07:10 AM Vincent taught me a few tricks. Among his sayings were “Trading may have princes, but nobody stays a king” and “The people you meet on the way up, you will meet again on the way down.”
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4557-62 | Added on Wednesday, October 10, 2012, 07:11 AM There were theories when I was a child about class warfare and struggles by innocent individuals against powerful monster-corporations capable of swallowing the world. Anyone with intellectual hunger was fed these theories, which were inherited from the Marxist belief that the tools of exploitation were self-feeding, that the powerful would grow more and more powerful, furthering the unfairness of the system. But one had only to look around to see that these large corporate monsters dropped like flies. Take a cross section of the dominant corporations at any particular time; many of them will be out of business a few decades later, while firms nobody ever heard of will have popped onto the scene from some garage in California or from some college dorm.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4562-64 | Added on Wednesday, October 10, 2012, 07:11 AM Consider the following sobering statistic. Of the five hundred largest U.S. companies in 1957, only seventy-four were still part of that select group, the Standard and Poor’s 500, forty years later. Only a few had disappeared in mergers; the rest either shrank or went bust.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4571-72 | Added on Wednesday, October 10, 2012, 07:13 AM Capitalism is, among other things, the revitalization of the world thanks to the opportunity to be lucky. Luck is the grand equalizer, because almost everyone can benefit from it.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4573-74 | Added on Wednesday, October 10, 2012, 07:13 AM Everything is transitory. Luck both made and unmade Carthage; it both made and unmade Rome.
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The Black Swan (Nassim Nicholas Taleb) - Highlight Loc. 4574-76 | Added on Wednesday, October 10, 2012, 07:13 AM I said earlier that randomness is bad, but it is not always so. Luck is far more egalitarian than even intelligence. If people were rewarded strictly according to their abilities, things would still be unfair—people don’t choose their abilities. Randomness has the beneficial effect of reshuffling society’s cards, knocking down the big guy.
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The Origins of the Public School (thefreemanonline.org) - Highlight Loc. 25-30 | Added on Wednesday, October 10, 2012, 07:22 AM The increase in Catholics naturally led to construction of more Catholic schools. Many Protestants felt that they had to take action to check the rising prevalence of a false creed. Doubtless many would have supported government establishment of the Protestant church. Mann himself lamented that “there had never yet been a Christian government on earth.”6 The general respect for religious tolerance, however, made such a bod move politically impossible. Instead, control of religion was cleverly instituted through the public school. “The public school, an important socializing institution, became the substitute for the American national church,” Susan Rose writes.7
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The Origins of the Public School (thefreemanonline.org) - Highlight Loc. 45-47 | Added on Wednesday, October 10, 2012, 11:40 AM When a corporation clamors for an import restriction on foreign competition, most observers agree that it is acting to increase its own profits, not to protect the public from “dumping.” Why then do most people accept at face value the humanitarian justifications offered by the advocates of state education when such a bureaucracy confers immense wealth and power in the hands of an elite?
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The Origins of the Public School (thefreemanonline.org) - Highlight Loc. 57-59 | Added on Wednesday, October 10, 2012, 12:18 PM To those who dismiss such claims as a “conspiracy theory,” I ask: how can the public school not inculcate obedience to the state? A conscious choice must be made regarding the content of education. Neutrality is not an option. Given this, why would a ruling elite not transmit those same values that it itself possesses?
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The Origins of the Public School (thefreemanonline.org) - Highlight Loc. 59-61 | Added on Wednesday, October 10, 2012, 12:18 PM Do the conspiracy-theory doubters truly believe that a teacher extolling the values of violent revolution would long remain on the state’s payroll? Or a teacher who questioned the legitimacy of the democratic system? Or a teacher who cast aspersions on the public-school system itself?
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The Costs of Government (econlib.org) - Highlight Loc. 28-30 | Added on Thursday, October 11, 2012, 04:11 AM Andrew Coulson recently estimated that the Washington, D.C. public schools spend an average of $24,606 per pupil annually. In contrast, D.C.'s private schools—which include some of the most elite institutions in the country—spend only $14,534.
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The Costs of Government (econlib.org) - Highlight Loc. 62-64 | Added on Thursday, October 11, 2012, 04:23 AM To the extent that this "signaling game" characterizes formal education, schooling is like an arms race between students. If they could collectively agree to spend less time in school—with far fewer people going on to grad school and with fewer people taking it for granted that "everybody should go to college"—then employers' expectations would adjust.
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The Costs of Government (econlib.org) - Highlight Loc. 74-85 | Added on Thursday, October 11, 2012, 04:27 AM One of the biggest components of federal spending is the military budget. Including supplemental funding for the operations in Iraq and Afghanistan, total military spending for Fiscal Year 2010 will probably be some $720 billion. It is difficult to evaluate this aspect of government activity because there is no obvious private-sector analog to the operations of the Department of Defense. However, consider this: Despite the hundreds of billions spent over the years to influence foreign events and establish a worldwide intelligence network, 19 men with boxcutters were somehow able to bring down the World Trade Center and attack the Pentagon on September 11, 2001. For the sake of argument, let's suppose that a "Fortress America" defense, in which the United States did not try to police the world but, instead, concentrated a smaller force at home to deter explicit attacks, could provide the same general level of security. And we'll arbitrarily pick $150 billion as the annual expense of maintaining this deterrent. Note that even by spending this smaller amount, the U.S. would still lead the world in military spending, and many of the othr contenders are explicit U.S. allies. With the U.S. already starting with its stockpile of advanced weaponry and trained forces, and still spending more than any other country in the world on its military, it is difficult to see what power would cross the oceans and credibly threaten an invasion, especially considering how many private citizens would rush to join militias and the National Guard in the months before such a large-scale attack.
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The Costs of Government (econlib.org) - Highlight Loc. 90-92 | Added on Thursday, October 11, 2012, 04:33 AM In a December 2005 study, the Tax Foundation projected that 2009 tax compliance costs—focusing just on the burden of households and businesses filling out tax forms—would be $347 billion.
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Austrian Business Cycle Theory: A Comment (economicthought.net) - Highlight Loc. 24-27 | Added on Saturday, October 13, 2012, 07:25 AM The key driver of intertemporal misallocation isn’t the rate of interest, but changes in relative prices caused by credit being injected by the banking system. Interest is relevant only in that if we assume that prior to credit expansion there exists an equilibrium in the loanable funds market, such that a lowering of the rate will increase the quantity demanded for credit. But, it isn’t the price that decides the distribution of resources throughout the structure of production. Rather, consequent malinvestment is demand driven.
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Austrian Business Cycle Theory: A Comment (economicthought.net) - Highlight Loc. 36-38 | Added on Saturday, October 13, 2012, 07:30 AM In his reply to Sraffa (Hayek [1932]), for instance, he argues that the most important aspect of his theory isn’t the rate of interest and its derivation, but rather the “phantom profits” created by credit expansion.
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Austrian Business Cycle Theory: A Comment (economicthought.net) - Highlight Loc. 43-49 | Added on Saturday, October 13, 2012, 07:32 AM This takes us right to the causes of liquidation during the subsequent bust. The process of credit expansion causes the re-allocation of resources towards industries deemed profitable. The distributional process of profit and loss is essentially distorted, since what would otherwise be unprofitable is made profitable by “artificial” credit expansio n. When the source of profit, or new credit, dries up, the firms which relied on it — mostly indirectly, in the form of demand for their products by later stages of production — become unprofitable, revealing what M. Rothbard (2000 [1963]) called a “cluster of error.”
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2007–09 Under an Austrian Lens (economicthought.net) - Highlight Loc. 30-35 | Added on Thursday, October 18, 2012, 10:29 AM The essence of the theory, though, I believe is not in how the structure of production changes as a result of credit expansion, but on the role of “phantom profits” in causing these alterations. Liquidity injections increase nominal demand for certain products, stimulating investments along these lines, and when this demand ceases or decreases then these new businesses suddenly become unprofitable. In the real world, changes in the structure of production might not follow the pattern developed by Friedrich Hayek in Prices and Production — his triangle now the preferred diagram to depict capital theory —, but this doesn’t mean that ABCT isn’t relevant.
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2007–09 Under an Austrian Lens (economicthought.net) - Highlight Loc. 47-49 | Added on Thursday, October 18, 2012, 11:15 AM The essential feature of the Mises–Hayek theory is present: credit expansion creating profitable investment opportunities that otherwise wouldn’t have existed. What caused the malinvestment to present itself? Stagnating prices between late 2005 and early 2007 (the change in direct occurred in mid-2006, according to the Composite-20 Case–Shiller index).
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Ending the War on Kidneys (thefreemanonline.org) - Highlight Loc. 32-35 | Added on Thursday, October 18, 2012, 11:27 AM And although some estimate that the cost of a kidney may be as high as $100,000—which would make the total cost of the transplant procedure around $350,000—keep in mind that in addition to the value of the lives saved, the savings from unnecessary kidney dialysis is about $70,000 per person per year. 
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If Two Men Go Into the Woods Without a Police Officer, How Many Will Come Out Alive? (lewrockwell.com) - Highlight Loc. 46-51 | Added on Thursday, October 18, 2012, 11:36 AM It is simply absurd to think that what keeps thousands of heavily armed men on the Colorado prairie from raping or killing one another is fear of some hick police officer fifty miles away eating grits in a diner, or fear of the politicians in the Colorado State Capital Building who are busy writing legislation to pad union pension plans. What keeps the men on the Colorado prairie from raping and killing one another is the fact that men are by nature cooperative and peaceful, for the most part. If this were not so, no quantity of hick cops and corrupt politicians could possibly keep the hoards of armed men on the Colorado prairie from butchering one another.
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Katrina and Socialist Central Planning (mises.org) - Highlight Loc. 5-6 | Added on Thursday, October 18, 2012, 07:49 PM They gathered under the conviction that they had a workable system that was being rendered unworkable because of the incompetence of certain key players in the chain of command. No one was permitted to say that the command system itself was the problem;
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IMB - E se as escolas públicas fossem abolidas? (mises.org.br) - Highlight Loc. 29-32 | Added on Friday, October 19, 2012, 05:18 AM Digamos que uma determinada cidade decidiu que os custos da educação pública são muito caros em relação às escolas privadas, e a câmara municipal decidiu abolir as escolas públicas por completo. A primeira coisa que deve ser notada é que isso seria ilegal, já que cada estado requer que as localidades forneçam educação gratuita. Sendo assim, eu não tenho idéia do que aconteceria com aquela câmara municipal.
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“Modern Market” Monetarism? (thinkmarkets.wordpress.com) - Highlight Loc. 18-19 | Added on Friday, October 19, 2012, 06:06 AM What I find especially confusing is that market monetarists agree with Keynes that while relative prices of commodities matter, the price of credit – the interest rate – doesn’t allocate anything to anything.
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Free Markets Are Regulated (thefreemanonline.org) - Highlight Loc. 30-33 | Added on Sunday, October 21, 2012, 02:31 PM Economic theory demonstrates that free markets operate according to rules that we can recognize and understand.  These rules enable us to make what F. A. Hayek called “pattern predictions” about the behavior of markets.  We know, for example, that when price rises, all else constant, quantity demanded will fall, or that above-normal profits in an industry will bring new sellers into that market
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My Organs Are for Sale (thefreemanonline.org) - Highlight Loc. 22-27 | Added on Sunday, October 21, 2012, 02:36 PM Won’t organs be very costly? Kaserman and Barnett and others estimate that the organ shortage would be resolved at prices of $1,000 to $3,000 per donor. To the extent that markets would eliminate organ shortages, they would significantly reduce health-care costs. For example, the cost of kidney dialysis is about $44,000 per year. The cost of kidney transplant and medical care for the first year is about $90,000. After the first year, medical treatments, mostly for immunosuppressant drugs to prevent rejection, are $16,000. That means after about two and a half years, transplants save the medical system $27,000 per year compared to long-term
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My Organs Are for Sale (thefreemanonline.org) - Highlight Loc. 27 | Added on Sunday, October 21, 2012, 02:36 PM dialysis.
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Can the Free Market Provide Public Education? (thefreemanonline.org) - Highlight Loc. 40-42 | Added on Monday, October 22, 2012, 02:08 AM We think we know what education is and what methods work. And we do know some things. This sense of certainty might encourage us to think that education is best left to government. But we shouldn’t be so presumptuous, or we could wind up like the nineteenth-century Patent Office official who said the office should be closed because everything useful had been invented.
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Clientes Demais, Rex Stout ([email protected]) - Highlight Loc. 1780-83 | Added on Monday, October 22, 2012, 03:36 AM Estudei mais detidamente aquele desenho. Eu tinha em minha mente uma promissora candidata para mostrar durante o julgamento da pessoa que poderia ter assassinado Yeager. Não era Meg Duncan, nem Dinah Hough. Podia ser Julia McGee. Quando percebi que eu estava querendo que fosse Julia McGee, desviei meu olhar. Um dos departamentos mais eficientes do cérebro é aquele que transforma possibilidades em probabilidades, e probabilidades em fatos.
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Entrevista com Mário Ferreira dos Santos (oteocrata.blogspot.com.br) - Highlight Loc. 21-24 | Added on Thursday, October 25, 2012, 04:44 AM Que fazer para que a Filosofia atinja as grandes massas populares e a juventude brasileira? Fazer a Filosofia atingir as grandes massas populares será em primeiro lugar, obra que se cingirá a descê-la ao baixo grau de cultura de nossas massas populares. Precisamos estudar o que devemos fazer para erguê-las até à Filosofia, o que só poderá ser feito através de um desenvolvimento da cultura nacional – em linhas distintas das atuais, que tendam à Filosofia Positiva e não à Filosofia negativista e niilista que penetra em nossas escolas.
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Entrevista com Mário Ferreira dos Santos (oteocrata.blogspot.com.br) - Highlight Loc. 25-26 | Added on Thursday, October 25, 2012, 04:44 AM Dado o baixo grau de cultura que temos, nossos estudantes passam a formar uma elite intelectual, o que demonstra a inferioridade em que nos encontramos.
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Entrevista com Mário Ferreira dos Santos (oteocrata.blogspot.com.br) - Highlight Loc. 30-33 | Added on Thursday, October 25, 2012, 04:45 AM Foram jovens que destruíram o Instituto Pitagórico, condenaram Sócrates, perseguiram Anaximandro, Aristóteles, assassinaram Hipátia de Alexandria e perseguiram Santo Alberto, S. Tomás de Aquino, S. Boaventura, quando mestres na Universidade de Paris; que uivavam pelas ruas pedindo a cabeça de Dante, de Savonarola, de Giordano Bruno; que acusavam Pasteur de “charlatão” e atiravam pedras em Einstein. Esses jovens são ativos, eficientes na sua parte destrutiva.
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Clientes Demais, Rex Stout ([email protected]) - Highlight Loc. 2389-90 | Added on Friday, October 26, 2012, 11:16 AM Arrastei-me pela escada até meu quarto. Prometera a meu dentista, muitos anos atrás, que escovaria meus dentes todas as noites, mas naquela noite não tive condições de cumprir a promessa.
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A Visitante do Planeta X (Portuguese Edition) (Yuri Vieira) - Highlight Loc. 638-41 | Added on Friday, October 26, 2012, 05:15 PM Em frente, do outro lado dum vale de terrenos baldios e avenidas, uma favela, claro, sempre há uma. Aliás, antes de ser atendido, pude observar um ônibus a cortá-la de ponta a ponta, qual um navio n’água. Fiquei de cara: como conseguia se ali não havia rua? “Ilusão de óptica”, disse o ajudante do mecânico, cheio de empáfia, boné dos Gaviões virado para trás, sem esquecer de pronunciar o p: “óp-tica”.
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A Visitante do Planeta X (Portuguese Edition) (Yuri Vieira) - Highlight Loc. 647 | Added on Friday, October 26, 2012, 05:16 PM o sol iluminando obliquamente, a refulgir nas paredes caiadas,
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Of Krugman and Diocletian (mises.org) - Highlight Loc. 117-20 | Added on Monday, October 29, 2012, 06:05 AM Archeologically, it is at around the time of the continuing economic crisis and the publication of the Edict on Maximum Prices that walls — higher, thicker, and more plentiful than before — begin to appear, crisscrossing civilian neighborhoods. To no small extent, this reflects the breakdown of civility, the disengagement from economic life, and the reaction to the systematic replacement of moral law by state-imposed codes and regulations.
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The Great Guano Boom — and Bust (mises.org) - Highlight Loc. 25-27 | Added on Monday, October 29, 2012, 06:56 AM One of the first things the Peruvian government did with its fertilizer revenue was pay off its war debts; by 1853, in fact — against all odds — it found itself briefly, enviably, debt free. It immediately, however, began taking on new debt, pledging the proceeds of future guano sales against them.
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The New Drawing on the Right Side of the Brain - Highlight on Page 29 | Added on Wednesday, October 31, 2012, 06:20 AM Also, I believe that driving on the freeway probably induces a slightly different subjective state that is similar to the drawing state. After all, in freeway driving we deal with visual images, keeping track of relational, spatial information, sensing complex components of the overall traffic configuration. Many people find that they do a lot of creative thinking while driving, often losing track of time and experiencing a pleasurable sense of freedom from anxiety.
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The Comuneros: The Revolt and Its Lessons (mises.org) - Highlight Loc. 60-64 | Added on Thursday, November 01, 2012, 04:39 PM The implicit goal had been reform, but perhaps recognizing the inherent contradiction in notions of "good government," comuneros in Toledo furnished the most radical idea yet: to move forward with "no legal government"; a proposal to form a "congress of cities" in a "radical programme" characterized by a "spirit of compromise" in place of coercion.[10] The comuneros would create a network of self-governed, independent city-states which would trade freely among one other, bound by a loose mutual-defense pact, emulating the small, autonomous microstates of the Italian Republic.[11]
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The Comuneros: The Revolt and Its Lessons (mises.org) - Highlight Loc. 67-70 | Added on Friday, November 02, 2012, 11:47 AM Despite some surprising victories early on, amid dwindling funds (most of which had been privately contributed by merchants and sympathetic nobles), diminishing support and adverse weather, the junta's army was routed by royalist forces at the Battle of Villalar on April 23, 1521. The next day, several of the comunero leaders were executed, "order" restored, and the secession effort relegated to the dustbin of history.
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Functional Programming HOWTO (docs.python.org) - Highlight Loc. 51-52 | Added on Saturday, November 03, 2012, 12:11 PM Even if you wrote down or generated a proof, there would then be the question of verifying the proof; maybe there’s an error in it, and you wrongly believe you’ve proved the program correct.
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The Ash Heap of History (mises.org) - Highlight Loc. 63-65 | Added on Tuesday, November 06, 2012, 12:50 PM With respect to their regard for property rights, we can only make assumptions. Suggestive, though, is a 1972 discovery by archeologist Francis Anfray: a pot in the capital city of Aksum, which was probably displayed in the entrance to a shop or bazaar. Humorously, it reads: "He who breaks it, pays!"[20]
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The Theory Of Money And Credit (Ludwig Von Mises) - Highlight Loc. 2874-76 | Added on Thursday, November 08, 2012, 03:40 AM It is high time to remember that economics is something other than the work of the reporter whose business it is to ask X the banker and Y the commercial magnate what they think of the economic situation.
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The Theory Of Money And Credit (Ludwig Von Mises) - Highlight Loc. 2986-89 | Added on Friday, November 09, 2012, 12:07 PM It is no more appropriate to speak of a difference between the purchasing power of money in Germany and in Austria than it would be justifiable to conclude from differences between the prices charged by hotels on the peaks and in the valleys of the Alps that the objective exchange-value of money is different in the two situations and to formulate some such proposition as that the purchasing power of money varies inversely with the height above sea-level. The purchasing power of money is the same everywhere; only the commodities offered are not the same.
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The Theory Of Money And Credit (Ludwig Von Mises) - Highlight Loc. 2976-79 | Added on Friday, November 09, 2012, 12:08 PM living in a large town is dearer than in the country if only because the immediate propinquity in town of so many possibilities of enjoyment stimulates desires and calls forth wants that are unknown to the provincial. Those who often visit theatres, concepts, art exhibitions, and similar places of entertainment, naturally spend more money than those who live in otherwise similar circumstances, but have to go without these pleasures.
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The Division of Labor and the Firm - Highlight on Page 204 | Added on Monday, November 12, 2012, 06:13 PM one cannot specialize far beyond the level of specialization of those factors that are currently bought and sold in the market. To do so requires long-lasting contractual relations and, in practice, integration of co-specialized factors in firms. In order to attract labor factors, the entrepreneur needs to provide them with payment greater than their expected market price. The reason for this is that the entrepreneur will require their specializing to a degree not currently saleable in the market, which means committing to the entrepreneur’s imagined structure of production. The price offered must therefore exceed that offered in the market while covering costs of, e.g., the risk of Williamsonian opportunism. Doing so, the entrepreneur necessarily assumes much of the risk facing the labor factors.
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The Division of Labor and the Firm - Highlight on Page 205 | Added on Monday, November 12, 2012, 06:14 PM This relationship is interpreted by Coase (1937) and others as essentially one of authority or fiat power (Simon, 1951; [1945] 1957), where the entrepreneur-manager gains the right to direct factors according to need. However, it should be clear that this contract does not in essence differ from the common market contract—the difference consists primarily in the extra payment for the additional requirement (over-specialization). The entrepreneur therefore has no “power” over the factor in addition to common contractual terms.
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 15-18 | Added on Monday, November 12, 2012, 06:57 PM Ludwig von Mises is the only major economist to lead a double life as a cartoon character; Walt Disney Studios is rumored to have based Ludwig von Drake, eccentric Viennese professor and uncle of Donald Duck, on Mises. In a more recent tribute, DC Comics released a comic book in which Batman attempts to save Mises’ papers from being confiscated and destroyed by the Nazis. Can a team-up with Lara Croft be far behind?
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 131-37 | Added on Tuesday, November 13, 2012, 11:14 AM Mises writes: It is a general fallacy to believe that the writings of Lucien Lévy-Bruhl give support to the doctrine that the logical structure of mind of primitive man was and is categorially different from that of civilized man. … Explorers and missionaries report that in Africa and Polynesia primitive man stops short at his earliest perception of things and never reasons if he can in any way avoid it. European and American educators sometimes report the same of their students. With regard to the Mossi on the Niger Lévy-Bruhl quotes a missionary's observation: “Conversation with them turns only upon women, food, and (in the rainy season) the crops.” What other subjects did many contemporaries and neighbors of Newton, Kant, and Lévy-Bruhl prefer? (HA II. 2.)
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 207-8 | Added on Tuesday, November 13, 2012, 02:03 PM The ambiguity of the word ‘law’ is fatal here. In one sense it states what is, in another it prescribes what should be.
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 242-46 | Added on Tuesday, November 13, 2012, 02:38 PM On his view, if we can’t help thinking in accordance with our own logic, then we can’t seriously entertain the possibility that it is incorrect: [The] impossibility of our rejecting the law [of identity] does not prevent us from supposing that there are beings who do reject it; but it does prevent us from supposing that these beings are right in doing so; it also prevents us from doubting whether we or they are right. At least this goes for me. If others dare to recognize and doubt a law in the same breath, then it seems to me like trying to jump out of one’s skin, against which I can only urgently warn. (FLA xvii.)
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 489-91 | Added on Wednesday, November 14, 2012, 06:55 PM (After all, not all exchanges count as buying and selling; if I hand you an insulting note, and you respond by slapping my face, the note was not money that I was using to purchase the service of a slap – though a Martian anthropologist might not be certain.)
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 522-24 | Added on Sunday, November 18, 2012, 08:32 AM Nobody ever wants any material thing. … Do you want a car? Just look at the thing – metal, glass, cloth. Of course you don’t want it; what you want is transportation, speed, quicker contacts with other persons, lifetime savings …. All intangibles. – Rose Wilder Lane34
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 582-87 | Added on Sunday, November 18, 2012, 08:41 AM it is a mistake to assimilate what the praxeologist does to what a Cartesian rationalist does when he spins out the laws of physical motion a priori. The conclusions of praxeology are not in themselves empirical statements. They do not predict what people will do. For example, they do not predict how people will behave with regard to metal disks and piles of wood. What they do predict is how people will behave so long as they are buying and selling. If that gives praxeology empirical content, then geometry has empirical content in just the same way. Geometry cannot predict how many edges your next slice of pizza will have; but it can predict how many edges it will have so long as it is triangular.
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 1213-15 | Added on Friday, November 23, 2012, 04:04 PM The knowledge that human action exists seems a plausible candidate for a synthetic proposition – but why is it a priori? Why couldn’t we come to know through experience that action occurs? Mises’ reply, in effect, is that the existence of action is a presupposition of our inquiry:
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Socialized Healthcare Is Not Cheaper Than Free Market Healthcare (lewrockwell.com) - Highlight Loc. 69-76 | Added on Tuesday, November 27, 2012, 02:48 PM Why is the supply of healthcare goods and services so restricted in the first place? Why are there so few doctors in this country, so few hospitals, and so few medical goods in this country, which is ultimately what causes the high prices? If we can answer these questions, we will have both identified the cause of our high healthcare costs, and identified the necessary means to lowering the prices of these goods and services. The answer to these questions is deceptively simple: The government of the United States has (through its arbitrary regulation and licensing of doctors, medical schools, hospitals, prescription drugs, and other medical goods) artificially restricted the supply of these goods and services below what would exist in the absence of these regulations.
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Wittgenstein, Austrian Economics, and the Logic of Action ([email protected]) - Highlight Loc. 1572-73 | Added on Friday, November 30, 2012, 07:12 PM What we ‘first’ hear is never noises or complexes of sounds, but the creaking waggon, the motor-cycle. We hear the column on the march, the north wind, the woodpecker tapping, the fire crackling.
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Doug Casey on Karma – Metaphysics for Life (lewrockwell.com) - Highlight Loc. 169-70 | Added on Tuesday, December 04, 2012, 01:42 PM As in economics, the immediate and direct effects are easy to see; the indirect and delayed effects are often both more subtle and more important.
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 764-67 | Added on Monday, December 10, 2012, 06:41 AM Uma criada vestida de preto e branco perguntou a Hans Castorp o que ele desejava beber: chocolate, café ou chá. Era baixinha como uma criança, e tinha um rosto oblongo, de velha. Como Hans Castorp constatou com espanto, era uma anã. Ele lançou um olhar ao primo, mas este se limitou a dar de ombros, franzindo as sobrancelhas, como para dizer: “E daí?” Assim, Hans Castorp, conformando-se com o fato estranho, pediu chá, com especial cortesia,por se tratar de uma anã.
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Darwin on Trial ([email protected]) - Highlight Loc. 312-13 | Added on Monday, December 10, 2012, 09:50 PM When I want to know how a fish can become a man, I am not enlightened by being told that the organisms that leave the most offspring are the ones that leave the most offspring.
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Darwin on Trial ([email protected]) - Highlight Loc. 419-22 | Added on Tuesday, December 11, 2012, 04:51 AM For example, the living fossils, which have remained basically unchanged for millions of years while their cousins were supposedly evolving into more advanced creatures like human beings, are no embarrassment to Darwinists. They failed to evolve because the necessary mutations didn't arrive, or because of "developmental constraints," or because they were already adequately adapted to their environment. In short, they didn't evolve because they didn't evolve.
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Darwin on Trial ([email protected]) - Highlight Loc. 633-36 | Added on Tuesday, December 11, 2012, 10:51 PM The prevailing assumption in evolutionary science seems to be that speculative possibilities, without experimental confirmation, are all that is really necessary. The principle at work is the same one that Waddington, Medawar, and Mayr invoked when challenged by the mathematicians. Nature must have provided whatever evolution had to have, because otherwise evolution wouldn't have happened. It follows that if evolution required macromutations then macromutations must be possible, or if macromutations are impossible then evolution must not have required them.
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Darwin on Trial ([email protected]) - Highlight Loc. 652-53 | Added on Tuesday, December 11, 2012, 10:55 PM most people are unaware that Darwin's most formidable opponents were not clergymen, but fossil experts.
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Darwin on Trial ([email protected]) - Highlight Loc. 654-56 | Added on Tuesday, December 11, 2012, 10:55 PM Cuvier believed that the geological record showed a pattern of catastrophic events involving mass extinctions, which were followed by periods of creation in which new forms of life appeared without any trace of evolutionary development.
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Darwin on Trial ([email protected]) - Highlight Loc. 956-60 | Added on Thursday, December 13, 2012, 02:17 AM The essentialists knew about fossils and hence were aware that different kinds of creatures had lived at different times. The concept of evolution did not make sense to them, however, because it required the existence of numerous intermediatesimpossible creatures that were somewhere in transition from one essential state to another. Essentialists therefore attributed the common features linking each class not to inheritance from common ancestors, but to a sort of blueprint called the "Archetype," which existed only in some metaphysical realm such as the mind of God.
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Darwin on Trial ([email protected]) - Highlight Loc. 1103-8 | Added on Thursday, December 13, 2012, 01:11 PM In 1938, a coelacanth (pronounced see-la-kanth), an ancient fish thought to have been extinct for about seventy million years, was caught by fishermen in the Indian Ocean. Many paleontologists considered the coelacanth to be closely related to the rhipidistians, and thus a living specimen was expected to shed light on the soft body parts of the immediate ancestors of amphibians. When the modern coelacanth was dissected, however, its internal organs showed no signs of being preadapted for a land environment and gave no indication of how it might be possible for a fish to become an amphibian. The experience suggests that a rhipidistian fish might be equally disappointing to Darwinists if its soft body parts could be examined.
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 999-1001 | Added on Tuesday, December 18, 2012, 01:07 PM Era um daqueles que no leito de morte ainda fazem uma cena pavorosa e absolutamente não querem morrer. Então o Behrens ralhou com ele. “Deixe de fazer tanta fita!”, disse, e o paciente logo ficou quietinho e morreu com toda a calma.
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Darwin on Trial ([email protected]) - Highlight Loc. 1662-67 | Added on Tuesday, December 18, 2012, 07:44 PM practically all stress the appearance of design and purpose, the immense complexity of the simplest cell, and the apparent need for many complex components to work together to sustain life. Everyone uses the vocabulary of intelligent communication to describe protein synthesis: messages, programmed instructions, languages, information, coding and decoding, libraries. Why not consider the possibility that life is what it so evidently seems to be, the product of creative intelligence? * Science would not come to an end, because the task would remain of deciphering the languages in which genetic information is communicated, and in general finding out how the whole system works. What scientists would lose is not an inspiring research program, but the illusion of total mastery of nature.
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 1161-62 | Added on Thursday, December 20, 2012, 05:25 PM – Isto é pura apatia – respondeu o italiano. – Por que não julga? É para esse fim que a natureza lhe deu os olhos e o cérebro.
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 1202-3 | Added on Thursday, December 20, 2012, 05:39 PM – Escute – disse Joachim. – Que é que você tem? Parece que o ar, aqui em cima, lhe ataca o cérebro. – Cale a boca, que estou pensando com grande sutileza.
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Georges Cuvier (en.wikipedia.org) - Highlight Loc. 163-65 | Added on Thursday, January 03, 2013, 01:27 AM one can judge what a long time would produce only by multiplying what a lesser time produces. Since a lesser time produced no organic changes, neither, prbably, would a much longer time.[17]
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Evolution of the eye (en.wikipedia.org) - Highlight Loc. 85-86 | Added on Friday, January 04, 2013, 05:59 AM Sensory organs probably evolved before the brain did—there is no need for an information-processing organ (brain) before there is information to process.[16] [
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 1921 | Added on Saturday, January 05, 2013, 07:29 AM quando um dia é como todos, todos são como um só; passada numa uniformidade perfeita, a mais longa vida seria sentida como brevíssima
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 1922-24 | Added on Saturday, January 05, 2013, 07:29 AM o fato de os anos de infância serem vividos mais vagarosamente, ao passo que a vida posterior se desenrola e foge cada vez mais depressa – esse fato também se baseia no hábito.
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Darwin on Trial ([email protected]) - Highlight Loc. 2648-50 | Added on Wednesday, January 09, 2013, 04:52 AM De Beer reported that "correspondence between homologous structures cannot be pressed back to similarity of positions of the cells of the embryo or the parts of the egg out of which these structures are ultimately differentiated." Moreover, "homologous structures need not be controlled by identical genes, and homology of phenotypes does not employ similarity of genotypes."
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Darwin on Trial ([email protected]) - Highlight Loc. 2768-83 | Added on Wednesday, January 09, 2013, 05:08 AM Douglas Dewar, a creationist biologist who prominently dissented from the evolutionary orthodoxy in Britain in the 1930s, provided an amusing description of the problems involved in a hypothetical whale evolution scenario: Let us notice what would be involved in the conversion of a land quadruped into, first a seal-like creature and then into a whale. The land animal would, while on land, have to cease using its hind legs for locomotion and to keep them permanently stretched out backwards on either side of the tail and to drag itself about by using its forelegs. During its excursions in the water, it must have retained the hind legs in their rigid position and swim by moving them and the tail from side to side. As a result of this act of self-denial we must assume that the hind legs eventually became pinned to the tail by the growth of membrane. Thus the hind part of the body would have become like that of a seal. Having reached this stage, the creature, in anticipation of a time when it will give birth to its young under water, gradually develops apparatus by means of which the milk is forced into the mouth of the young one, and meanwhile a cap has to be formed round the nipple into which the snout of the young one fits tightly, the epiglottis and laryngeal cartilage become prolonged downwards so as tightly to embrace this tube, in order that the adult will be able to breath while taking water into the mouth and the young while taking in milk. These changes must be effected completely before the calf can be born under water. Be it noted that there is no stage intermediate between being born and suckled under water and being born and suckled in the air. At the same time various other anatomical changes have to take place, the most important of which is the complete transformation of the tail region. The hind part of the body must have begun to twist on the fore part, and this twisting must have continued until the sideways movement of the tail developed into an up-and-down movement. While this twisting went on the hind limbs and pelvis must have diminished in size, until the former ceased to exist as external limbs in all, and completely disappeared in most, whales." [Quoted in Denton, pp. 217-18.]
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The Oslo Housing Bubble Syndrome (mises.org) - Highlight Loc. 26-28 | Added on Thursday, January 10, 2013, 05:29 AM The result is that their investment projects are now faced with higher costs, fewer customers, and more competitors. This is a recipe for disaster that results in the realization of a cluster of entrepreneurial errors.
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 2112-15 | Added on Friday, January 11, 2013, 10:09 AM Olhe, essas pecinhas insignificantes duram sete minutos, em média, não é? E esses sete minutos têm alguma coisa em particular, têm princípio e têm fim, destacam-se e são, de certo modo, preservados da ameaça de se perderem sem mais nem menos na monotonia geral. Além disso, são ainda muitas vezes subdivididos pelas partes da peça, e estas, por sua vez, se compõem de compassos, de maneira que sempre acontece alguma coisa e cada instante recebe um certo sentido,
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 2266-68 | Added on Monday, January 14, 2013, 10:18 AM desprendendo-se imperceptivelmente de uma névoa, entrou na sua vida, onde ia adquirindo uma nitidez e um relevo cada vez mais intensos, até aquele instante no pátio, que representava o máximo de clareza e de corporeidade; que durante algum tempo se conservou assim no primeiro plano, e por fim, aos poucos, recuou, desaparecendo nas brumas, sem despertar nenhuma tristeza de despedida.
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Huston Smith - Forgotten Truth~ The Common Vision of the Worlds Religions-o (Huston Smith) - Highlight on Page 27 | Added on Monday, January 14, 2013, 12:09 PM this line at right angles to itself produces a plane; movement of the plane at right angles to itself produces a cube. Geometry derives from the mathematical point. But this brings us to something interesting. Source of all space, the mathematical point is itself spaceless. The smallest unit of space is not the Euclidean point which, as a position without dimensions, occupies no space wha
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Huston Smith - Forgotten Truth~ The Common Vision of the Worlds Religions-o (Huston Smith) - Highlight on Page 28 | Added on Monday, January 14, 2013, 12:10 PM ever. Extension is the expanse between two simultaneously existing points, but the points themselves are not parts of the spatial continuum, though the distance they "produce" requires that they be conceived as situated within space. The true spatial element is not the point but dis
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Huston Smith - Forgotten Truth~ The Common Vision of the Worlds Religions-o (Huston Smith) - Highlight on Page 28 | Added on Monday, January 14, 2013, 12:11 PM Asked if there is life after death, Martin Buber replied, "There is no after, for time is but a crystallization in the mind of God." Space as well. Space derives from nonspace, if this expression does not seem too peculiar and unusual. "Out of that which is not, He made that which is. He carved great columns from the impalpable ether" (The Kabbalah). Equally -this was Buber's point-time derives from
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Functional Programming Archaeology (prog21.dadgum.com) - Highlight Loc. 46-47 | Added on Tuesday, January 15, 2013, 04:38 AM If you're ever going to teach a beginning programming course, go ahead and learn J first, so you can remember what it's like to be an utterly confused beginner.
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Where Is the Inflation? (mises.org) - Highlight Loc. 35-40 | Added on Thursday, January 17, 2013, 08:42 AM This doesn’t even consider what prices would be like if the Fed and world central banks had not acted as they did. Housing prices would be lower, commodity prices would be lower, CPI and PPI would be running negative. Low-income families would have seen a surge in their standard of living. Savers would get a decent return on their savings. Of course, the stock market and the bond market would also see significantly lower prices. Bank stocks would collapse and the bad banks would close. Finance, hedge funds, and investment banks would have collapsed. Manhattan real estate would be in the tank. The market for fund managers, hedge fund operators, and bankers would evaporate.
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Huston Smith - Forgotten Truth~ The Common Vision of the Worlds Religions-o (Huston Smith) - Highlight on Page 41 | Added on Saturday, January 19, 2013, 10:27 AM clear. Its error does not lie in its attempt to understand one type of reality in terms of another. Virtually all explanation proceeds in this fashion, and explanation is needed, for true reality is never the most obvious; one might almost say that one of the ways truth betrays the fact that it is such is in the care it takes to remain elusive, if one may put the matter paradoxically. The mistake of reductionism-spirit reduced to metamorphosed matter (Darwinism), truth reduced to ideology (Marxism), psyche reduced to sex (Freud: there is no way "to sweeten the sour apple")-lies in its attempt to explain the greater in terms of the less, with the not surprising consequence that the greater is thereby lessened. It is this, at root, that sets us again
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Huston Smith - Forgotten Truth~ The Common Vision of the Worlds Religions-o (Huston Smith) - Highlight on Page 42 | Added on Saturday, January 19, 2013, 10:31 AM e who have lost their bodily health. (The victims themselves often dispute this assessment, of course, but they are the ones who are mad, so their judgment is 9. "All primordial men . . . saw the 'more' in the 'less,' in the sense that the landscape was for them a reflection of a superior reality which 'contained' the physical reality; they added, may one say, to the latter, a 'spiritual dimension' which escapes modern man." (Francois Petitpierre, "The Symbolic Landscape of the Muiscas," Studies in Comparative Religion, Winter 1975, p. 48). 10. On this subject we are again indebted to Gai Eaton's "Man as Viceroy." THE LEVELS OF REALITY / 43 discounted.) In point of fact, however, insanity is seldom simply a lack. We recognize this, despite the changes we have effected in vocabulary, in the fear that insanity, unlike disease, continues to inspire within us, the inkling of strange seas beating against the shores of our familiar island. A man may have "lost his -reason" only to have had it replaced, for better or worse, by something else. Rarely is he simply reduced like an amputee, and when we treat him as such he feels deeply if obscurely insulted even if we are insensitive to our impertinence.
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Huston Smith - Forgotten Truth~ The Common Vision of the Worlds Religions-o (Huston Smith) - Highlight on Page 50 | Added on Monday, January 21, 2013, 10:31 AM itude of its existence and at the same time is less fragmented. Multiplicity reduces in its case to the basic kinds of existents, the archetypes; we encountered them in a derivative mode on the inter
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A Montanha Mágica (Thomas Mann) ([email protected]) - Highlight Loc. 2712-13 | Added on Tuesday, January 22, 2013, 03:59 PM Visto Mme. Chauchat chegar habitualmente atrasada à mesa, Hans Castorp esforçou-se por se atrasar também, a fim de encontrá-la no caminho.
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