Economics

Usury & Interest

The word “usury” has crept back into public view over the past decade. It is interesting that the current Pope, in 2014, greeted the National Council of Anti-Usury Foundation by saying “When a family has nothing to eat, because it has to make payments to usurers, this is not Christian, it is not human!” Usury, a […]

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Economics

2016: Descent into the Abyss

. Near the middle of my economics examination I was stuck by terror. I was discussing the process of industrialism and economic history from the perspective of René Guénon and, to a lesser degree, Oswald Spengler, when a bolt of terrible lightning stuck me, and I was so shaken that I almost tore up my examination […]

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Economics, Politics

The Shadow of Rome: Debt and Pessimism

We often stand in the shadow of Rome. It is almost impossible to resist evoking her when discussing contemporary politics or economics. Many elegant parallels have been drawn, which are mostly poetic and figurative, between modernity and the unwinding of the Republic. It is typical for pessimist-bourgeois historians to dwell on the history of Rome […]

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Economics, History

Prosperity: The Engine of the Left

Ever since the French Revolution, the political landscape of the world has been split into two opposing camps: the Left and the Right. For over two centuries these two camps have been locked in perpetual intellectual and political warfare with eachother, and, at times, this conflict has broken out into open violence and war. Over the course of this struggle, […]

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Economics, Philosophy

Specialisation & Education

Have our minds dulled between Empire and the present? It is a common belief that each subsequent generation is losing more knowledge than the last.1 Rather than a general decline in human knowledge over the past two hundred years, there has been an enormous increase in knowledge in all sciences and technical subjects. Then why […]

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Economics, Philosophy

The End of Economy

Rational Consumers Some axioms of Microeconomics concern the rational consumer. Consumer preferences are complete. A consumer, when faced with bundle A and bundle B, is able to rank: A>B or A=B or A<B. This implies consumer preferences are transitive: if A>B>C, then A>C. In applying the axiom of completeness we can expose its absurdity. Imagine […]

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