Saturday, March 22, 2008
Housing shortage, house prices always go up, undamned lies in our post-fact society
First they denied what was happening, then "it is contained", then they blamed Bears. Now, they have embraced Marx, successfully pleading for the central planners to rescue them from their own stupidity. What does the future holds if we turn our back on the facts? "One of the world's great cautionary lessons are the significant contributions made towards mathematics by the Islamic Arab Empire, circa 8th century to 15th century. While European intellectual progress had ceased -- blame the rise of church extremism -- enormous gains were being had elsewhere. Sometime around 18th or 19th centuries, the cultural roles seem to reverse. After the Age of Enlightenment, the Europeans rejected religious extremism, and prospered, while the Arab Empire embraced extremism, and suffered"