Polytelism and cultural objects

A month or so ago I saw an academic talk with the inciendiary title, “Aristotle’s Worst Idea”. It concerned the notion of “monotelism” in Aristotle, a word the speaker had coined to express Aristotle’s judgement that things which had a single purpose are superior to those with many purposes. This principle, that a thing out […]

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World Monetary Policy

The current currency structure in the US is on the brink of collapse. They can prop up the dollar for a few more months because they’ve, in Bernakee’s words, “Engineered it so it works like gold”. He’s quite right – they’ve convinced the world that it’s US treasury bonds are the most stable thing you […]

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