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Econ 101, a Fable

Guest Post by Jim Kunstler

“Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.” Thomas Sowell

Historians of the future, poaching ‘possum snouts in sorrel sauce over their campfires, will trace the fall of Western Civ in the 2020s to the dissolving hallucination that was called the financial economy. It was a phantom parasitical organism that thrived on the back of a real economy based on making-and-doing things derived from the natural world, turbo-charged by fossil fuels.

The orgy of making-and-doing went on for two-hundred-plus years. Even with cyclical “recessions,” the making-and-doing always increased in the aggregate, while its products got ever more plentiful, elaborate, and complex. The phantom financial parasite clinging to its back got used to this “growth” and it, too, developed ever more ingenious ways to suck the life out of its host organism, until it became a greater entity than the host itself, breaking its back.

Continue reading “Econ 101, a Fable”

The “Save Democracy” Intellectuals

In the summer of 2020, as I was getting into the works of Thomas Sowell, I bought a copy of the second edition of Intellectuals and Society. Ever since, I’ve been convinced that one of the essential drivers of how off the rails everything has become in America, is the contribution to the discourse made by radical intellectuals who are in lockstep with the political and media elites. The “save democracy” mania of 2021 and ’22 that led to the events of ’23 didn’t come from just anywhere and anyone.

I took a good shot at Michael Beschloss last week, and regular viewers of The Generation Report know I have a special disdain for Biden lackey Jon Meacham. In this episode, I profile the contributions of six other intellectuals who everyone should know about. And it’s not because they’re “brilliant.”

Paul Zimmy Finn

Thomas Sowell: New Design + Inspiring Quotes

Thomas Sowell quotes are music to the ears of conservatives, libertarians, and anyone else who has actually put some thought into forming their economic and political beliefs.

Sowell earned his Ph.D. from the University of Chicago while working as an assistant professor of economics at Cornell. He proceeded to teach economics at his alma maters as well as Rutgers, Brandeis, Amherst, and UCLA.

Throughout his long and prestigious academic career, Sowell became one of the Chicago school of economics’ most prominent representatives, as well as famous for his books, newspaper columns, and frequent appearances as a commentator on radio and television.

Sowell is one of the most revered figures in the conservative and libertarian worlds. On his 90th birthday, the Mises Institute honored Sowell by declaring him the greatest living economist.

We agree that he is whole-heartedly. Conversely, Sowell is rather disliked (and occasionally reviled) by left-leaning intellectuals, some of whom are no doubt driven mad that they can’t just brand him a racist and be done with him. Continue reading “Thomas Sowell: New Design + Inspiring Quotes”

QUOTES OF THE DAY

Top 20 Quotes From Thomas Sowell About Race

Via Blue State Conservative

If Thomas Sowell quotes were a wall and this article were a dart, it would be impossible to randomly throw toward a target and not come away with moral sagacity in the form of a poignant statement. Even the horrid display of athleticism from Scottie Smalls would result in being close enough to the clarion wisdom that emanates from Sowell.

The Blue State Conservative regularly produces its Top Lists of some sort. They are never scientific and rarely produce consensus. Such is the nature of these lists. Nevertheless, they still communicate important ideas and also serve as a vehicle for starting a bigger conversation. I missed a quote? The reader knows a better one? Comments below eventually achieve a fuller picture.

Continue reading “Top 20 Quotes From Thomas Sowell About Race”

QUOTES OF THE DAY

“Men fight for liberty and win it with hard knocks. Their children, brought up easy, let it slip away again, poor fools. And their grandchildren are once more slaves.”

D. H. Lawrence

“The United States is a nation of laws, badly written and randomly enforced.”

Frank Zappa

“The bigger a state becomes the more liberty diminishes.”

Jean-Jacques Rousseau

“Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.”

Thomas Sowell

QUOTES OF THE DAY

“Not only can no one predict the future, we don’t understand the present – and there isn’t even any certainty about the past.”

Harry Browne

“People who enjoy meetings should not be in charge of anything.”

Thomas Sowell

“Liberty instead of Democracy!”

Hans-Hermann Hoppe

“There is only one success – to be able to spend your life in your own way.”

Christopher Morley