Sunday, January 16, 2011
Wednesday, January 5, 2011
Friedrich Nietzsche is commonly known, and mistakenly at that, as being a nihilist who opposed all tradition and culture just for the sake of doing so, and who justified fascist rule and oppression of weak races. He is also often known by his famous phrases such as “What does not kill me makes me stronger” and “Will to power” as though these encompassed his entire body of work.
The purpose of this short article is not to put such misconceptions to rest; they have been present for over a hundred years and I am not pretentious enough to believe I could turn the tide of common knowledge. What I would like to do here is to illustrate how some facets of Nietzsche’s thinking can be related to concepts found in good economics.