As a unit of account, money is why the price mechanism is essential to efficient markets. As a medium of exchange, its how the most people are able to experience and voluntarily share their pursuit of happiness. As a store of value, John Bogle saw a marvelous opportunity for value creation – exploit the price mechanism of efficient capital markets for the benefit of small investors.
About Mark Shupe
Mark Shupe is a contributing author at Center for Individualism. He is also an investment strategy advisor and fitness instructor. Mark studied economics and finance at the University of Notre Dame. His writing passion includes the history of Western Civilization, the moral case for Capitalism, and the promise of Individualism.
Entries by Mark Shupe
Milosz discovered Ketman in Islamic theology. Also known as taqiyya, it is the practice of concealment and deception in order to preserve one’s faith. For the intellectuals and bourgeoise in Milosz’ Soviet occupied Poland after World War II, it was a matter of life and death. As the iron curtain of Communism’s hopelessness fell in post war Poland, Ketman became necessary.
I bought the album 2112 because I liked the cover, and it seemed to have something to do with science fiction. It just blew me away. Soon after, I looked up Ayn Rand in the library, and read Anthem. I believe that liner note introduced many of my generation to the works of Ayn Rand. The music was like no others, and the lyrics espoused thought and values.
What is a master but a master student? And if that’s true, then there’s a responsibility on you to keep getting better and to explore avenues of your profession.” Neil Peart’s first master instructor was the legendary jazz drummer Gene Krupa.
Working class families readily put these values into practice and improved their lives and their communities. The evidence is overwhelming – quality of life rose, fertility rates and population increased, illegitimacy and crime rates fell, and sanitation and health care systems improved. Coincidental to this was the emergence of an impressive network of privately organized social safety nets for people who were unable help themselves.
Because the Manifesto features twelve behaviors and philosophical principles, twelve individuals have been selected who are exponents for the value system that drives their heightened sense of reality
Kiesler’s secret communication system allowed multiple signals to share the same spectrum without interference. Thanks to deregulation and the resulting invention of the microchip, it is now fundamental to cell phones, Wi-Fi, Bluetooth, and the new sharing economy of companies like Uber, Airbnb, and thousands of media outlets.
Intellectuals continue to disavow the connection between socialism in theory and the unimaginably evil communist regimes in practice. At the same time, they loudly decry the fault of our society. One that in practice, has raised human beings to a dignified free life protected as never before from hopelessness before nature and men.
The fourth grade students interviewed in the original 1979 60 Minutes feature were asked who their favorite authors were. Some of the answers were Dostoevsky, Shakespeare, Tolstoy, Chaucer, or Kipling. One learning method was Socratic dialogue, and years later Collins explained that since they’re great at memorizing rap lyrics, Plato becomes easy. Many went on to wonderful careers in law, medicine, business, and education.
Almost no one understands or appreciates the spontaneous order and emergent nature of complex economic systems. At the same time, government economic planners and progressive public policy think tanks deny it exists. It would make them irrelevant. Fortunately for enlightened civilization, Russ Roberts is hastening their irrelevance.
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