A philosopher is a person who studies philosophy using logic and reason.



The Greeks Founded the Basis of Utilitarianism and Consequentialism Fact

Although we can consider Jeremy Bentham the founder of modern Utilitarianism, and his successor John Stuart Mill the one who popularized it, early Greek philosophers like Aristotle, Aristippus and Epicurus presented the original Utilitarian / Consequentialist / Greatest Happiness theories.





Many Philosophers Were Historians Fact

Many past political, economic, and social philosophers were historians. This includes Locke, Hume, Keynes, Hegel, Ciciero, Marx, Mises, Aristotle, Kant, Smith, Plato, Machiavelli, Montesquieu, Engels, Rousseau, Hobbes, etc.


John Locke is the Father of Liberalism Fact

John Locke can be considered the father of liberalism. His theories on life, liberty, property, consent, and the social contract form the foundation of classical liberalism.


All Action is Human Action Fact

As Mises said, “all action is human action”. In other words, although we form groups that can indirectly act through consensus, groups themselves aren’t physical entities (and thus they can’t act directly).


Athens had a Democracy Fact

Classical Athens had a type of Direct Democracy that included direct voting on laws and election by lottery, but participation was limited to adult male citizens who owned land.


Stability Breeds Instability Fact

Stability isn’t necessarily destabilizing, but as Hyman Minsky’s Financial Instability Hypothesis eludes: longterm stability breeds instability and diminishes resilience in economic markets, mainly due to psychological factors.