Philosophy
60 Seconds Adventures in Economics - The Paradox of Thrift
If you're a long-time follower of our blog, you've probably heard the Hayek vs Keynes rap rap before, and learned all about the boom and bust cycle, but if you haven't, or if you want a different introduction to the short vs long-term, and individual vs collective conflict in economic theory, here's a little introduction to Keynes' paradox of thrift, all part of the Open University's 60 Second Adventures in Thought.
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Is Peace Just Internalized Conflict?
Came across an interesting passage in, "The Meaning of 'Ethical Neutrality' in sociology and Economics," an essay of Max Weber in which he argues that there is no such thing as peace: "Conflict cannot be excluded from social life. One can...
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Schrödinger?s Cat... In 60 Seconds
We've seen in previous episodes of this 60-second Adventures in Thought series, all sorts of philosophical, logical, mathematical and scientific paradoxes and all-around weirdness. To remind you, we've seen Zeno's paradox concerning motion,...
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Shit Happens - The Economics Version
If you're anything like me, your memory sucks, big time. So how do you manage to remember events, definitions, dates, names, concepts and so on? Well, one possible method is to employ the use of mnemonics or heuristic devices designed to create associations...
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The Impossibility Of Motion - Achilles And The Tortoise
There are many things most of us just take for granted as obvious or just plain common sense, and therefore as not worth wasting our time on. Philosophers, however, nit-picking bunch that we are, are insatiably curious, and in our search for some coherent...
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The Hayek Vs. Keynes Rap: Fear The Boom And Bust
Before we get into the complexity of two of the most influential schools of economic thought of the previous century, you might want to take a look at this hilarious explanation of the basic principles of economics first (if nothing else, it's worth...
Philosophy