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F. A. Harper
Floyd Arthur "Baldy" Harper (February 7, 1905 – April 21, 1973) was an American academic, economist, and writer who was best known for founding the Institute for Humane Studies in 1961. Personal life Baldy Harper was born and raised in Middleville, Michigan, and graduated from Michigan State University. He went on to obtain a doctorate in agricultural economics from Cornell University. Economist Herbert J. Davenport was influential to Harper during his time at Cornell. In 1930, Harper married Marguerite Kaechele. The couple had four children: Barbara, Harriet, Helen, and Larry. Career The Federal Farm Board employed Harper as a research field agent in 1930 and 1931. He worked as a business analyst for the Farm Credit Association in 1934. In academia Harper spent 19 years as a professor of marketing at Cornell University and in 1937 was appointed acting head of the Department of Agricultural economics at the University of Puerto Rico. He left Cornell in 1946 after university ...
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Austrian School
The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest. Austrian-school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian school originated in 1871 in Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical school of economics, Historical school, in a dispute known as ''Methodenstreit'', or methodology quarrel. Current-day economists working in this tradition are located in many countries, but their work is still referred to as Austrian economics. Among the theoretical contribu ...
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Leonard Read
Leonard Edward Read (September 26, 1898 – May 14, 1983) was the founder of the Foundation for Economic Education (FEE), one of the first free market think tanks in the United States. He wrote 29 books and numerous essays, including "I, Pencil" (1958). Business career After a stint in the United States Army Air Service during World War I, Read started a grocery wholesale business in Ann Arbor, Michigan, which was initially successful but eventually went out of business. He moved to California where he started a new career in the tiny Burlingame, California, Burlingame Chamber of Commerce near San Francisco, California, San Francisco. Read gradually moved up the hierarchy of the United States Chamber of Commerce, finally becoming general manager of the Los Angeles Chamber of Commerce, Los Angeles branch, the U.S.'s largest, in 1939. Libertarian activism During this period his views became progressively more libertarianism, libertarian. Apparently, it was in 1933, during a me ...
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Scholarships
A scholarship is a form of financial aid awarded to students for further education. Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience. Scholarship criteria usually reflect the values and goals of the donor of the award. While scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such as maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders). Scholarships also range in generosity; some cover partial tuition, while others offer a 'full-ride', covering all tuition, accommodation, housing and others. Historically, scholarships originated as acts of religious and philanthropic charity in medieval Europe before evo ...
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Seminars
A seminar is a form of academic instruction, either at an academic institution or offered by a commercial or professional organization. It has the function of bringing together small groups for recurring meetings, focusing each time on some particular subject, in which everyone present is requested to participate. This is often accomplished through an ongoing Socratic dialogue with a seminar leader or instructor, or through a more formal presentation of research. It is essentially a place where assigned readings are discussed, questions can be raised and debates can be conducted. Etymology The word ''seminar'' was borrowed from German (in which it is capitalized as ), and is ultimately derived from the Latin word , meaning 'seed plot' (an old-fashioned term for ' seedbed'). Its root word is (Latin for 'seed'). Overview In some European universities, a ''seminar'' may be a large lecture course, especially when conducted by a renowned thinker (regardless of the size of the audi ...
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Menlo Park, California
Menlo Park ( ) is a city at the eastern edge of San Mateo County, California, San Mateo County in the San Francisco Bay Area of California, United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, California, East Palo Alto, Palo Alto, California, Palo Alto, and Stanford, California, Stanford to the south; and Atherton, California, Atherton, North Fair Oaks, California, North Fair Oaks, and Redwood City, California, Redwood City to the west. It had 33,780 residents at the 2020 United States census. It is home to the corporate headquarters of Meta Platforms, Meta, and is where Google, Roblox Corporation, and Round Table Pizza were founded. The train station holds the record as the oldest continually operating train station in California. It is one of the most educated cities in California and the United States; nearly 70% of residents over 25 have earned a bachelor's degree or higher. Toponym "Menlo" is derived from Menlo, County Galway, Menlo (th ...
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Aristotle's Error
Aristotle (; 384–322 BC) was an Ancient Greek philosophy, Ancient Greek philosopher and polymath. His writings cover a broad range of subjects spanning the natural sciences, philosophy, linguistics, economics, politics, psychology, and the arts. As the founder of the Peripatetic school of philosophy in the Lyceum (classical), Lyceum in Athens, he began the wider Aristotelianism, Aristotelian tradition that followed, which set the groundwork for the development of modern science. Little is known about Aristotle's life. He was born in the city of Stagira (ancient city), Stagira in northern Greece during the Classical Greece, Classical period. His father, Nicomachus (father of Aristotle), Nicomachus, died when Aristotle was a child, and he was brought up by a guardian. At around eighteen years old, he joined Plato's Platonic Academy, Academy in Athens and remained there until the age of thirty seven (). Shortly after Plato died, Aristotle left Athens and, at the request ...
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Hoover Institution
The Hoover Institution (officially The Hoover Institution on War, Revolution, and Peace and formerly The Hoover Institute and Library on War, Revolution, and Peace) is an American public policy think tank which promotes personal and economic liberty, free enterprise, and limited government. While the institution is formally a unit of Stanford University, it maintains an independent board of overseers and relies on its own income and donations. It is widely described as conservative, although its directors have contested the idea that it is partisan. The institution began in 1919 as a library founded by Stanford alumnus Herbert Hoover prior to his presidency in order to house his archives gathered during World War I. The well-known Hoover Tower was built to house the archives, then known as the Hoover War Collection (now the Hoover Institution Library and Archives), and contained material related to World War I, World War II, and other global events. The collection was re ...
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Wabash College
Wabash College is a private liberal arts men's college located in Crawfordsville, Indiana. Founded in 1832, by a group of Dartmouth College graduates and Midwestern leaders, the institution was originally named "The Wabash Teachers Seminary and Manual Labor College". It was later renamed Wabash College in 1851. The college was founded with the intention of providing classical and English education to young men in the region, aiming to develop future educators and clergy. Caleb Mills, a Dartmouth alumnus and graduate of Andover Theological Seminary, was the first faculty member of Wabash College. He played a pivotal role in shaping the institution's academic character and later became instrumental in establishing Indiana's public education system. The college's mission is to educate men to think critically, act responsibly, lead effectively, and live humanely. As of 2024, Wabash College enrolls approximately 835 undergraduate students. The academic program is structured into ...
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Ethics
Ethics is the philosophy, philosophical study of Morality, moral phenomena. Also called moral philosophy, it investigates Normativity, normative questions about what people ought to do or which behavior is morally right. Its main branches include normative ethics, applied ethics, and metaethics. Normative ethics aims to find general principles that govern how people should act. Applied ethics examines concrete ethical problems in real-life situations, such as abortion, treatment of animals, and Business ethics, business practices. Metaethics explores the underlying assumptions and concepts of ethics. It asks whether there are objective moral facts, how moral knowledge is possible, and how moral judgments motivate people. Influential normative theories are consequentialism, deontology, and virtue ethics. According to consequentialists, an act is right if it leads to the best consequences. Deontologists focus on acts themselves, saying that they must adhere to Duty, duties, like t ...
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William Volker Fund
The William Volker Fund was a charitable foundation established in 1932 by Kansas City, Missouri, businessman and home-furnishings mogul William Volker. Volker founded the fund with the purposes of aiding the needy, reforming Kansas City's health care and educational systems, and combating the influence of machine politics in municipal governance. Following Volker's death in 1947, Volker's nephew Harold W. Luhnow continued the fund's previous mission, but also used the fund to promote and disseminate ideas on free-market economics. During Luhnow's tenure as the fund's primary manager, the William Volker Fund was one of the few libertarian organizations with significant amounts of money at its disposal, making it a key leader in developing the modern libertarian and conservative movements in the United States. William Volker and the establishment of the fund William Volker was born in Hanover, Germany, in 1859, and his family immigrated to the United States in 1871 and settled i ...
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Karl Popper
Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian–British philosopher, academic and social commentator. One of the 20th century's most influential philosophers of science, Popper is known for his rejection of the classical inductivist views on the scientific method in favour of Falsifiability, empirical falsification, and for founding the Department of Philosophy at the London School of Economics. According to Popper, a theory in the empirical sciences can never be proven, but it can be falsified, meaning that it can (and should) be scrutinised with decisive experiments. Popper was opposed to the classical Justification (epistemology), justificationist account of knowledge, which he replaced with "the first non-justificational philosophy of criticism in the history of philosophy", namely critical rationalism. In political discourse, he is known for his vigorous defence of liberal democracy and the principles of social criticism that he believed mad ...
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Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory w ...
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