Rick Buhrman’s Post

This year marks the 75th anniversary of the publication of 𝐻𝑢𝑚𝑎𝑛 𝐴𝑐𝑡𝑖𝑜𝑛: 𝐴 𝑇𝑟𝑒𝑎𝑡𝑖𝑠𝑒 𝑜𝑛 𝐸𝑐𝑜𝑛𝑜𝑚𝑖𝑐𝑠 , a genuinely foundational work in economic thought by Ludwig von Mises. Mises' vision of economics as a study of individual choice driven by purposeful action still resonates in today’s world. Ludwig von Mises was, as 𝐉𝐨̈𝐫𝐠 𝐆𝐮𝐢𝐝𝐨 𝐇𝐮̈𝐥𝐬𝐦𝐚𝐧𝐧 titled the biography of LvM, "the last knight of liberalism." "No appreciation of Mises would be complete without saying something, however inadequate, about the man and the individual. Mises’s immense scholarship, bringing to mind other German-speaking scholars, like Max Weber and Joseph Schumpeter, who seemed to work on the principle that someday all encyclopedias might very well just vanish from the shelves; the Cartesian clarity of his presentations in class (it takes a master to present a complex subject simply); his respect for the life of reason, evident in every gesture and glance; his courtesy and kindliness and understanding, even to beginners; his real wit, of the sort proverbially bred in the great cities, akin to that of Berliners, of Parisians, and New Yorkers, only Viennese and softer—let me just say that to have, at an early point, come to know the great Mises tends to create in one’s mind life-long standards of what an ideal intellectual should be." – 𝐑𝐚𝐥𝐩𝐡 𝐑𝐚𝐢𝐜𝐨 @ Mises Institute https://lnkd.in/d8ZRs9hB

The contemporary Right appears divided, as evidenced by the contrasting FreeCon and NatCon statements of principles. However, are these movements truly as disparate as they seem? In this piece, I suggest that Ludwig von Mises's seminal work, "Human Action," offers unifying themes that bridge these seemingly opposing schools of conservative thought. Mises's magnum opus provides a conceptual framework that harmonizes economic principles with traditional social values, potentially charting a path forward for a more cohesive conservative movement. Thanks to Daniel McCarthy and the Intercollegiate Studies Institute for running the piece in Modern Age. https://lnkd.in/dsFspcWq

A healthy society depends on economic vitality and moral foundations working in tandem, as this insightful essay sets forth in greater detail.

The books this post explores paint a powerful picture: history offers a treasure trove of lessons for navigating the complexities of our present. From the rise of anti-globalism to the double-edged sword of technological progress, and the unnerving echoes of financial crises, understanding the past empowers us to shape a better future. By learning from both the successes and failures of those who came before us, we can foster a more equitable, prosperous, and resilient society. This doesn’t mean simply repeating the past, but rather using its wisdom to chart a new course – a course informed by historical knowledge and driven by a collective will to create a brighter tomorrow. https://lnkd.in/gWxcTipm #History #Future #Books #Wisdom #Cycles

@Cedric Chen, writer of the #CommonCog blog articulates the best view I have heard on learning from #history: don’t read to learn “lessons” from #history, read to understand and/or be able to recognize the familiar rhythms of #history. As the saying goes history doesn’t repeat but it sure does rhythm. The best recognize the rhythms early and use that recognition as #leverage or to place #asymmetrical bets. Frank Diana is one of the best at not only understanding the #rythms of #history but in articulating their relevance to the #future. Definitely worth following if you want to #upgrade your #thinking & #decisionmaking

Remembering Daniel Kahneman: Insights for Your Financial Journey ! Last week, the world lost a pioneering mind in economics, Daniel Kahneman. His groundbreaking work in behavioral finance reshaped our understanding of decision-making. Let's explore how his insights can enhance your financial journey, link below. --> Recognizing our biases can lead to better decision-making, helping us avoid emotional pitfalls. --> By acknowledging our tendencies, we can create more rational financial strategies aligned with our long-term goals. https://lnkd.in/g8VPTQic #danielkahneman #behaviorFinance #financialjourney #pioneer #economics Columbia University Princeton University, #AmosTversky

Dr. Lorrie V. Bennett’s Law of Vibration Series is a groundbreaking achievement in financial market forecasting. With a legacy spanning over 25 years of research, she has decoded Gann’s intricate systems and unveiled the Law of Vibration’s Periodic Table of Numbers. The 4-volume Law of Vibration Series, a collaboration with the Institute of Cosmological Economics, represents a significant evolution in Gann research. Visit our website to explore this comprehensive course and elevate your understanding of Gann's work: https://bit.ly/3zcFBBY #LawOfVibration #GannScience #CosmoEconomics #AdvancedTrading #MarketForecasting #TradingInsights #PeriodicTableOfNumbers #MarketCycles #FinancialAnalysis #InnovativeFinance

True change and revolution are always grounded in theoretical ideas. Sometimes, these are written ex post facto, but in most situations, they're derived into a "canon" that is expected to be followed and believed in. Analyzing any ideology canon provides precious strategic insight into how someone from that "tribe" will behave in the future. This post, while not getting into the analysis of the ideas floated (there are definitely many), provides a valuable insight into what's being read in Silicon Valley. Some interesting notes on the selection. The first thing that stands out is how Western-centric the canon is (not really surprised to be honest). Another interesting feature is how few (you can count them with one hand) of them are authored by a woman. Another curious factor: the oldest books in the canon (if you ignore Meditations by Marcus Aurelius, which didn't make the cut) are from the 1950s, both of them fiction (Rand might be more on the philosophical side, though). One would think you would find Plato, Aristotle, Kant, Marx, Orwell, HG Wells, etc. Ironically, I've probably read at least half of the books on the list, and some others are on my to-read list. What do you think of the list? #literature #canon #siliconvalley #philosophy #policy #ideology https://lnkd.in/du7SisHr

This week, we will be publishing a series of four essays on decadence. This series examines the cultural roots of our economic, demographic, intellectual, institutional, and moral decadence. In this first essay, Carlo Lancellotti explores the root cause of our modern moral decline. https://lnkd.in/etQEAXRp