Articles written by G. Stolyarov II - Page 2

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About me - G. Stolyarov II

G. Stolyarov II is a science fiction novelist, independent philosophical essayist, poet, amateur mathematician, composer, contributor to Enter Stage Right, Le Quebecois Libre, Rebirth of Reason, and the Ludwig von Mises Institute, Senior Writer for The Liberal

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Arts & Humanities > Political Philosophy Austrian school arguments on the free market origin of money: 1 of 1
The Austrian School of Economics offers an innovative and vital perspective on how money came to be, a perspective that firmly establishes money as a free market creation and validates the efficacy of market exchange. According to Carl Menger, the 19th-century founder of the Austrian School, money could not have originated a... More..
Arts & Humanities > Political Philosophy Austrian economics and Models of Rest: 1 of 1
In his master treatise, Human Action, renowned Austrian school economist Ludwig von Mises presents three economic models for states of rest, critical to analyzing the behavior of real-world markets. The first of these, the plain state of rest, occurs frequently in actual markets. In a plain state of rest, buyers and sellers ... More..
Arts & Humanities > Political Philosophy Austrian economics and time preference: 1 of 1
Many Austrian School economistsespecially Ludwig von Miseshave espoused a universal insight into human action: the existence of positive time preferencethe desire, other things equal, for a given satisfaction sooner rather than later. Every acting human being has positive time preference and, as a corollary, will value a pre... More..
Arts & Humanities > Political Philosophy The Austrian school view of income types in the evenly rotating economy: 1 of 1
The Austrian School of Economics analyzes four distinct economic functions: those of laborers, owners of "land" (productive natural resources), capitalists, and entrepreneurs. Though unrealistic and in part contradictory, the model of the evenly rotating economy (ERE) allows the Austrian economist to accurately analyze in is... More..
Politics, News & Issues > Politics in the UK Winston Churchill's welfare: Statism and the dangers of democracy: 1 of 1
On September 7, 2006, I attended a lecture by the renowned British historian Sir Martin Gilbert, inaugurating his new book: Will of the People: Churchill and Parliamentary Democracy. Sir Martin spoke eloquently and interestingly on the subject of Winston Churchill's political thoughts; I enjoyed listening to his lecture and ... More..
Politics, News & Issues > Party Politics & Ideology In praise of investing money gained from tax cuts: 1 of 1
Recently, several frequently articulated objections to tax cuts for upper-income individuals have been brought to my attention. The scenario feared by the objectors and used as grounds for denying tax cuts to the wealthy is the investment of the money gained by the recipients. I shall address three of these objections using ... More..
Arts & Humanities > Political Philosophy Austrian economics and roundabout processes of production: 1 of 1
Among the insights of the Austrian School of Economics, first elucidated by Eugen von Bhm-Bawerk in his 1889 magnum opus, Capital and Interest, is the greater productivity of more roundabout, or capitalistic, methods of creating desired goods. Bhm-Bawerk's discovery can be aptly illustrated with a hypothetical case study. Su... More..
Business > International Business & Trade Computer programmers and comparative advantage: 1 of 1
An article (http://www.panasianbiz.com/2006/05/acm_internatio nal_collegiate_p.html) by Bill Belew of PanAsianBiz (http://www.panasianbiz.com/) about the ACM International Collegiate Programming Contest reveals some interesting results; the winner was a Russian team from Saratov State University, and teams from China, Japan, ... More..
Arts & Humanities > European History Legacy of the 18th century Enlightenment movement for today's problems: 1 of 1
The 18th-century Enlightenment was the single most important intellectual development in human history; it made possible the comfortable, prosperous, stable, and relatively free Western civilization that we enjoy today. Enlightenment thinkers believed in a single, knowable, absolute reality guided by rational natural laws. I... More..
Arts & Humanities > Ethics The pursuit of profit is moral: 11 of 18
All too often today we hear condemnations of the profit motive as destructive and uncaring. But is it really? Or is the profit motive one of the noblest forces that can impel a man to act? To understand whether the profit motive is desirable, we must first grasp the goals of a life properly lived. These goals are twofold; on... More..