The people of Athens preserved the ship of Theseus long after the heroโs return from Crete: โthey took away the old planks as they decayed, putting in new and stronger timber in their place,โ Plutarch reported. This sparked in the minds of philosophers the question of whether, once each plank had been replaced, the vessel was still…
Last month, Freedom Conservatism convened its first conference in Washington, D.C. The Freedom Conservative movement published its statement of principles in 2023, and since has gained hundreds of signatories, including myself. The statement identifies both the poison afflicting the American body politic and the remedy for it. โAuthoritarianism is on the rise both at home and…
History is pervaded by a hostility to financial markets, the common notion being that they create little tangible value, just artificial profits for the leech-like financers, speculators, and usurers. This skepticism is quite old. Hammurabiโs code capped interest rates and regulated the terms of debt contracts to three years. In the Politics, Aristotle dismissed interest as…