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Monday, 3 January 2011

The purpose of this dismal science called Economics

The purpose of economics is not to distribute wealth - an egregious socialist fallacy.

The purpose of economics is to analyse how wealth is created and lost.

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Hamzah wald Maqbul discusses von Clausewitz, Descartes, jihad and the French Revolution

2:00  Von Clausewitz mentioned. 3:00  Descartes 4:00  War is an extension of politics by military means.  5:00  Jihad 10:00  Filial piety 11...