“Can Capitalism Survive?” Ch. 5 – Closed Season by Joseph Schumpeter (1942)

“Can Capitalism Survive?” Ch. 5 – Closed Season by Joseph Schumpeter (1942) Economics is a science of observation & interpretation Implies in our questions, room for difference of opinion can be narrowed but not reduced to zero Leads to new problems – doesn’t happen in experimental science We asked for an understandable relation between the… Read more “Can Capitalism Survive?” Ch. 5 – Closed Season by Joseph Schumpeter (1942)

“Can Capitalism Survive?” Ch. 4 – Monopolistic Tendencies by Joseph Schumpeter (1942)

Spilling the beans…“Can Capitalism Survive?” Ch. 4 – Monopolistic Tendencies by Joseph Schumpeter (1942) Let’s be more specific about what’s been said: 1 – New technology is a threat to industries who try to conserve positions through restriction of output Creative destruction disrupts the slow, balanced or even stationary state of growth Production expansion only… Read more “Can Capitalism Survive?” Ch. 4 – Monopolistic Tendencies by Joseph Schumpeter (1942)

“How Should One Read a Book?” by Virginia Woolf (1925)

“How Should One Read a Book?” by Virginia Woolf (1925) I can only answer for myself because you really ought not take advice from others. Just follow your instincts, use reason & come up with your own conclusions These are merely suggestions – don’t give up your independence Difficult to say what is a better… Read more “How Should One Read a Book?” by Virginia Woolf (1925)

“Gulliver’s Travels” by Jonathan Swift (1726) – Part 1: A Voyage to Lilliput (Ch. 5-8)

“Gulliver’s Travels” by Jonathan Swift (1726) – Part 1: A Voyage to Lilliput (Ch. 5-8) Chapter 5 Blefuscu was an island across an 800 yard channel from Lilliput They didn’t know about Gulliver. Communication & trade had been cut off since the beginning of the war He came up with a plan to capture their… Read more “Gulliver’s Travels” by Jonathan Swift (1726) – Part 1: A Voyage to Lilliput (Ch. 5-8)

“Gulliver’s Travels” by Jonathan Swift (1726) – Part 1: A Voyage to Lilliput (Ch. 1-4)

“Gulliver’s Travels” by Jonathan Swift (1726) – Part 1: A Voyage to Lilliput (Ch. 1-4) Advertisement Many things in this book have been fudged before publication & the editor’s done its best to clear them up This person who did this did so with the best of intentions, especially with respect to references of the… Read more “Gulliver’s Travels” by Jonathan Swift (1726) – Part 1: A Voyage to Lilliput (Ch. 1-4)

“Declaration of Rights of Man & Citizen” (1789)

“Declaration of Rights of Man & Citizen” (1789) The Representatives of France in a National Assembly Because of past ignorance, neglect & contempt of human rights are the cause of public misfortune & corruption of government Trying to make natural & inalienable rights always in the mind of the public so that they protect them… Read more “Declaration of Rights of Man & Citizen” (1789)

“Treatise on the Arithmetical Triangle” by Blaise Pascal (1654)

“Treatise on Arithmetical Triangle” by Blaise Pascal (1654) +=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=  1st consequence – In every arithmetical triangle, all the cells of the first row & first column are the same as the generating cell. Each cell in the triangle is equal to the sum of the immediately preceding row & column +=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+= 2nd consequence – In… Read more “Treatise on the Arithmetical Triangle” by Blaise Pascal (1654)