Nicolaus Nemeth

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About Nicolaus Nemeth

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  • Birthday 12/08/1981

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  • Gender Male
  • Location Morrisville, NC
  • Interests I love to discuss almost any topic but, in particular, I love economics, epistemology, metaphysics, and physics. As a hobby/sport, I love to row and I was on Purdue's crew team. I am always in the mood to make a new friend so don't hesitate to contact me! :)
  1. Happy Birthday to Nicolaus Nemeth

    Oh my! Thank you everybody! Some of the best birthday wishes always come from THE FORUM. Looking back on my membership to this forum which started, when... 2005?... it's probably one of the longest running things I've ever done in my life. That may not seem much, but I completely re-invented myself after my first year of college. Consequently, I lost most of what I was. That's why my time here is one of the few things that represents who I am now; the forum and the people on it are a part of who I have become. For your birthday wishes, and your contributions here, Thank you, Nic By the way... Guiness, for health!
  2. Excellent Editorial

    I don't understand your standard for "thought provoking." It seems to me that quite a few people, including myself, have taken time out of their lives to read, try to understand, and post their thoughts on the "editorial." How is that not thought provoking? Each of them had thoughts "provoked" about the editorial. Furthermore, just because those who responded came to the conclusion that they disagreed with the article doesn't mean that you nor anybody else had to think just like they did. Readers of this thread are free to have their own thoughts provoked in any way they wish and arguing for one's opinion doesn't shut down the mind of somebody else. A personal example is how I occasionally listen to National Public Radio because they usually argue opposite as I would. The experience provokes my thoughts and I try to respond to their arguments in my mind.
  3. Up (2009)

    Potential spoilers!! Are you kidding me!? It seemed like every time I turned around I was crying! But, in a good way; to me this movie was all about how he got over his wife's death and how that itself was an adventure, just like everything else he did in his life was really an adventure. It left me feeling very full but in a very bittersweet way as his wife does die. Yet, it had such an incredibly strong benevolent universe premise that I'd make it the best movie I've seen so far this year on that alone.
  4. Iran's Counter-Revolution

    I'm going to echo Thoyd here and ask how it's possible to be a good man with a bad philosophy? In order to be a good man, one must be and do that well. But how does a man decide what actions to take? It is his philosophy, whether implicitly held or explicitly known, that guides a man's decisions and thus his actions. So, if Obama has a bad philosophy then he'll consistently be (or said another way, act) poorly... he'll be a bad man. Think of any decision you've ever made, perhaps a recent one that's easy to remember. Well, that one decision implies an entire philosophy whether you were aware of it or not, because you somehow came to a conclusion about how you should act. The method you used to come to that conclusion implied your epistemology. The conclusion about how you should act implied your ethics. As men we cannot escape the fact that we have and use philosophy and that philosophy has actual real results, whether we're aware of it or not.
  5. Dr. Peikoff's prediction

    The tea parties have, so far, been meaningless. They have produced no practical change in political trends. Though they may have a long term effect of changing political trends through educating people, they are doing nothing to stop the current trend. While I do think that we'll end up with some totalitarian regime (which, don't we have a watered down version at this moment!?), I still think that the long term trend is positive.
  6. Inflation

    It's interesting you give that example! If anybody wants to prove it to themselves I suggest using the same method. Find an historical price in dollars and then using gold put it in today's dollars. You'll be amazed at how closely you'll get today's price! I've become so convinced of the procedure that I routinely use it to translate any historical price in today's dollars. As an additional note, I have noticed a few trends. Products that haven't changed significantly (such as a gallon of gasoline) sometimes are actually cheaper in today's dollars. When this happens I think it's because of real productivity gains. Also, some things are more expensive today, but those are usually things that are now a better quality than they were back then, such as automobiles. But by and large most things are damn near the same price. It really is amazing; try it!
  7. Dr. Peikoff's prediction

    Has anybody listened to the podcast I linked to yet? I have to say, I listened to it and now I'm convinced that we're in the thick of the end game so-to-speak. Like others, I thought to myself, "A Christian theocracy!? Yeah, right! Has he even been on a university campus in the past decade?" But then I realized as Betsy points out above that Green is the new religion, and Dr. Peikoff (as far as I know) never claimed that it had to be a Christian regime. On top of that, Christianity is still heavily ingrained in the U.S. Even if people don't go to church anymore, they still give it lip service. While I was at the Tea Party in Raleigh, a backlash against current government policies, they still opened and closed with a prayer. This shows that people who even disagree with massive spending/bailouts still agree with Christianity/altruism! This is why I think the new regime will be a mix of Eco-Christianity. Actually, I heard a commercial on the radio just the other day in which a church was trying to win converts through "green community service." Now, we can all be servants to God not only at soup kitchens, but also through community gardens and Bog Turtle festivals! Add to this the fact that the Obama administration is taking over industry piecemeal with little to no meaningful resistance or public outcry, and Obama is biding his time in implementing sever Environmental controls and seeing if Congress will do it first. Personally, I can't see how anybody could not see how we're already in the beginning stages of an Eco-Christian Totalitarian regime.
  8. Dr. Peikoff's prediction

    Actually, I think he'll answer completely in his forthcoming book. However, he does give a brief overview of his argument in podcast 57.
  9. Mark's Introduction

    Mark: I couldn't help but smile as I read your introduction! I hope you're willing to freely share your diverse history with us. You seem very interesting and I can't wait to read your posts.
  10. Eknath Ende: I would offer a suggestion that you label the revolution properly. To call it an "Anglo Saxon" revolution is to give in to those who wish to destroy the revolution. They have labeled it as such in order to obfuscate its essential elements. The enemies of Western culture* try to associate it with a very particular type of person (Anglo Saxon) in an attempt to persuade others on racial/"cultural" grounds that they (1) don't belong to the so-called Anglo Saxon group and therefore (2) one should fight against those ideas and for one's "own" race/"culture." I think that you are trying to identify a revolution in ideas. So, what ideological trend are you trying to identify? What trend was before it? What trend is replacing it? Are there other examples in history of these trends? If you answer these questions then you might name the revolution based on an understanding of its fundamentals and not with terms used to smear its meaning. *Personally, I use the term Western culture. I define Western culture as a culture that accepts reason and individualism as its primary foundations. This means that anyone anywhere in the world and at any time may belong to Western culture if they so choose, and Western culture is not relegated to any geographic region and/or corresponding peoples despite the name's implications. Using this term allows one to properly defend a rational culture and revolution as it firmly closes the door to collectivism and focuses the meaning of culture on the individual.
  11. India's Congress Party wins a majority

    I don't disagree with you on any point. I'm well aware of the fact that the Congress Party has an historical platform of socialism (and that it still hangs around to this day in a major way). My point is simply that India does have a long way to go, but personally I see this as just another step toward greater liberty. As you say, Indians have become "success conscious and they have come to see it as a virtue." I'd say that the Indian sense of life is very close to America's, and that the momentum in India is currently on the side of liberty. You also say, "More important than all this, what is worth knowing about India is that the young generation is quite keen to shrug off its age old mediocrity and compete in the world market on the basis of hard work and talent. Such a development in a country as large as India is quite encouraging." I too see this trend and have nothing but great hope for India's future.
  12. India's Congress Party wins a majority

    It seems as if India has once again re-affirmed its long march toward Liberty. Indians have elected into power their Congress Party by a large majority. So large, in fact, the party is able to act nearly unilaterally, and that's a good thing. The party is most notably known for its liberalization of India's economy which started in the nineties. However, steps have been slow as the party has needed to "work with" the communist party to pass legislation. Until this election that is. Now, the party's majority is so large they are expected to speed up the rate at which the economy is liberalizing. Today, markets around the world responded with a standing ovation. The potential for increasing liberty of over one billion people is a light so bright that it has, at least momentarily, lifted the fog over the rest of the economic world; the DOW Jones Industrial Average was up 235 points today. Make sure you dog-ear this page in history as you'll need it to write your "what went right" essays ten years from now.
  13. Yaron Brook on Glenn Beck

    Thank you.
  14. Stress Test

    I'm amazed that anyone could think that there needs to be more "transparency" when it comes to our banking industry. They are required by law to issue public statements of their financial condition on at least a quarterly basis. These reports are scrutinized by hordes of professionals trying to correctly value a company and correctly understand its financial position. There are also a host of government bureaucrats that constantly monitor every step the banks take to "ensure the safety of the public." Not to mention the media attention that is given to any prominent businessman who even feigns a mistake. How much more open do you want their books!? Besides, the credit markets aren't frozen. One could still obtain a loan if they are in a position to pay the requisite price for it. I know of a couple people who have in the past six months taken out sizable loans to purchase homes. Now, the price that must be paid for a loan has gone up in the form of "tighter" qualifications. But to ask anybody to make a loan on "looser" terms than they want is to ask for a sacrifice. And this is all beside the point because most Americans are actually paying off their debt at the same time and for the same reasons that banks are loaning less.* Contrast this rational approach to the one offered by the Obama administration which wants us all to spend and not save, and encourages banks to give out loans indiscriminately as if the way to get rid of crippling debt is to pay it off with another larger loan that one cannot pay because they spent all their money at the mall! * This is to be expected as the correct thing to do in tough times. The borrower will by paying off debt will increase his disposable income in the short run and potentially increase his savings in the long run. By increasing the qualification terms for a loan or increasing the interest rate on loans the banks are doing something similar and increasing short run income and long run savings. In effect, our society has decided (one individual and business at a time) to increase their rate of savings or capital accumulation. It is also an attempt for society (though everybody decided on their own) to try and counteract the amazing amount of destruction and confiscation of wealth of recent government actions.
  15. Stress Test

    I'm uncertain as to what the stress tests actually "did" to determine their numbers. Probably something that involved calculus... The biggest problem to me is that these tests were conducted to see what banks would get "permission" to return TARP money to the treasury. If I were a bank CEO I'd hire armored cars to bring in the money. Money which I would personally pile quite literally on the treasury's steps by driving the fork lift. I'd then tell the Treasury to come and get its money, or I'm giving it back to the American people.