Thinking is a mental process which allows humans to model the world, philosophy is the attempt to understand the world using logic and reason. The world being both the external and the internal, and both the knowable and unknowable.

For an overview of philosophy see our branches of philosophy page, for an introduction to philosophy check out Reason at Work (Amazon). Philosophy includes everything from economic and political philosophies, to the philosophies of emotions and mind, to cosmological and other other metaphysical questions, to the nature of god and religion, to the very nature of what we can know. Given that every subject has a science and philosophy (with the two often merging, such is the case in theoretical physics or mathematics) we have to be careful not to undervalue the practical aspects of this non-science.

Re-Defining Social Capitalism

Social Capitalism can be defined as a socially minded form of capitalism, where the goal is doing social good, rather than just the accumulation of capital.

What is Liberalism?

Liberalism is the political ideology of liberty and equality, where classical liberalism emphasizes individual liberty and social liberalism emphasizes social equality.

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.

Civil Religion

We explain Civil Religion (the national iconography, ritual, and symbolism of a state) by looking at American Civil Religion (like the national anthem, Lady Liberty, and other Americana), at past Civil Religions (like Athena in Athens), and at Rousseau’s original concept of Civic Religion.

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).

Eugenics Has Historically Been a Popular Theory Fact

Eugenics (including positive eugenics which breeds traits, and negative eugenics which prevents breeding) has been practiced since the Greeks, but rose to popularity in the west starting in the late 1800’s.

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.