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ex_banana-eater

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  1. http://blog.aynrandcenter.org/power-hour-episode-2-peak-oil-with-michael-lynch/
  2. Most people who do HIT tend to think of the world as "HIT'ers vs high volume trainers," whereas people who read the scientific literature tend to think in terms of "what is supported by the scientific literature vs everything else." My guess is that you probably did some pretty retarded training and did not see results, which you call "high volume training," and then lump every type of training that has a similar amount of volume in as "ineffective for you" when those types of training may be significantly different in other factors that are unrelated to volume. Say for example, X causes m
  3. If you could provide scientific evidence that quercetin causes any improvements in memory or cognition in healthy human volunteers, I would love to see it That would mean a double blind, placebo controlled trial in healthy young human volunteers, not rats, nor seniors with cognitive deficits. Unfortunately, if you were recommended quercetin from a supplement provider then they are likely trying to sell you something on the "hope" that a study in rats or people with cognitive deficits can then be extended to healthy humans. I've looked into a lot of nootropics and have generally been dismayed b
  4. I would say the minimum wage is harmful to all the people forced to be unemployed who have a productivity rate below the minimum wage. Also, because of the now reduced production in society as the government has forced a large number of people on the margin to be unemployed, I would say the minimum wage is harmful to the entire society in that it reduces production--ie the amount of wealth/goods within the whole society--by mandating that people do not produce.
  5. Wow, they're late to the scene. The US made giving away free web browsers illegal a long time ago when they prosecuted Microsoft.
  6. Uninformed investors would still have the opportunity to invest in index funds which outperform managed funds, and require no managers (I believe they do some type of computational rebalancing every so often). But ideally uninformed investors would just be able to stay out of the stock market and keep their money in cash, which would be backed by gold, and increase in purchasing power every year. They're unfortunately forced into a stock market they don't understand by inflationary monetary policy, which provides a larger market for fund managers.
  7. The way to pay the least amount of taxes is to be nearly self-sufficient and not engage in much trade with others. I recommend the book and website "Early Retirement Extreme" by Jacob Lund Fisker as an example on how to do this. The solution consists in becoming a "renaissance man" who solves most of his own problems instead of outsourcing them. For example, instead of hiring a plumber on call to unplug your toilet for $120, invest a minimal amount of time to understand the most recurring pipe problems and fix them yourself. Thus you can fix them faster because you don't pay the transact
  8. I posted another thread on this in epistemology but I may as well repeat it here. Can one not validly make the *induction* that capitalist economies produce more material prosperity than statist economies, by looking at the wealth levels of free and unfree countries? Why or why not would that induction be unreliable? Is it senseless for me to cite data like the Freedom Of The World report? (Apart from simple validation). Isn't this the same type of induction we make when studying history?
  9. Here is a praxeologist critiquing positive economics methodology: http://www.mises.ca/posts/articles/the-pitfalls-of-friedmans-positive-economics/
  10. I'm not sure I understand what you mean here. Anyway, if praxeology allows data gathering to arrive at fundamental economics truths, then why do philosophically sound Austrian economists like George Reisman arrive at economic principles through deductive logic instead of intense data gathering? Take for example this article: http://mises.org/daily/2361 The response by a neoclassical or an academic Friedmanite would be, "WHERES YOUR HISTORICAL DATA???" They think Reisman would have to plot and compile data on every single good and whether their price decreased or whether wealth increase
  11. Gathering empirical data is not a synonym for observation of reality. Isn't it pretty clear what I mean here? There is one approach to economics that primarily uses deduction from axioms (which are derived from empirical observation of one's own choices) and there is another approach to economics, common among economists today, which consists of piling up huge amounts of statistics to try and prove whether free trade works from the 1947-1953 period in apples and chalk but not automobiles.
  12. If I look at the economic Freedom of the World report, for example. Or if I know about several free countries (like Hong Kong, Singapore, Australia, and New Zealand) including experience with their laws and levels of prosperity, and I see (through experience traveling there) several poor countries that have restrictive governments, is that enough information for me to induce the productive superiority of capitalism? Or can I only properly be certain of it by using chains of logic, as suggested by Mises.
  13. I've heard Objectivsts reject "praxeology," but praxeology itself includes a lot of things, not just the value-free aspects. What I wonder is whether the empirical approach to economics (the data gathering you see today, often this is called "positive economics") is rejected on epistemological grounds similar to that of Mises, or whether Objectivist economists believe we should perform economics or obtain economic principles from gathered empirical data?
  14. Inflation is definitely a big deal. China is experiencing a lot of inflation. However, notice that their protests are rather small and are not about toppling the government since their standard of living is rising dramatically every year. In the case of Egypt, the average man spent 50% of his income on food. Egypt is a major wheat importer and when commodity prices went up that meant either being hungry for a meal a day or being late with your rent. When people get hungry or lose their money they start to get angry more easily. When the times are good they are more likely to put up wi
  15. There are certainly existents that operate according to non-mechanistic causation. The one existent I can think of that qualifies is the faculty of free will. Whether it is also physical or not is up for science to discover in the future. In that case we would have to properly define what we mean by physical, because if it were physical it would be an entity behaving in a causal manner different from mechanistic causation.
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