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Theodore Dalrymple
Fragility’s Triumph
“As manners have coarsened, so—seemingly paradoxically—vulnerability, or the claim to vulnerability, has increased. The least expression which somebody finds disobliging is now treated as if it were a real sock on the jaw.” ~ Theodore Dalrymple
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Emile Phaneuf
Mises’s Regression Theorem, Bitcoin, and Subjective Value Theory
“If value is subjective, and if a medium of exchange is a good like any other, then how can we say that a good could not first be valued by some person somewhere as a medium of exchange rather than for some other purpose beforehand?” ~ Emile Phaneuf III
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