Why socialism will fail
The philosopher David Hume warned us not to mistake “constant conjunction” for causation. It’s good advice, though it is not the sort of universal disturbance in the force that some philosophers, eager to jettison old certitudes, believe it to be. Hume himself eventually rejected that “pretended skepticism” as a juvenile affectation. Like the rest of us, he recognized that reasoning from induction, from observed realities, introduces us to that great guide in the cognitive adventure of life – probability. Don’t let the appearance of a black swan down under disturb you: good mental hygiene and faith in the soundness of inductive reasoning go together. I indulge in this preliminary expectoration (apologies to Søren Kierkegaard) because I arrived in London on June 22.