Ron Paul’s School Revolution
Competition in education, just as competition in the market place, results in a better experience for consumers.
Colorado Pot Tax
Well, we probably all could see this one coming. The voters of Colorado voted to put taxes on the sale of newly legalized marijuana. The taxes add up to a 25% tax on marijuana consumers. However, marijuana prohibition probably increased the price of illegal marijuana by several hundred percent and people can always grown their own to avoid the taxes.
Huerta de Soto’s Book ‘Socialism, Economic Calculation and Entrepreneurship’ Now in German
Mises Institute Senior Fellow Jesús Huerta de Soto has received the “Gold Hayek Medal” and a Prize of €10,000 from the Hayek Gesellschaft at the University of Göttingen (Germany) on June 21, 2013, for his outstanding contributions on Austrian Economics.
The Big Obamacare Story That Hasn’t Surfaced Yet
It’s even worse than a jammed website, canceled policies, and rising policy prices. The policies may also not be what they seem.
In the first place, exchange policies typically restrict the hospitals and doctors you can use. In New Hampshire, for example, 10 of the state’s 26 hospitals are excluded from exchange policies and this takes out all the doctors affiliated with those hospitals as well.
Peter Klein in ‘Investor’s Business Daily’
Posted yesterday at IBD:
That so much importance is placed on the Fed chief’s temperament may seem absurd. But this indicates a much deeper problem: the Fed has too much power. The Federal Reserve is the most important economic planning agency in the world. It’s charged with promoting full employment, stabilizing prices, and overseeing the financial sector.
Will Smart Phone Apps Revolutionize Medicine?
No-- the government seems determined to stop it.
The Bloomberg article below describes a brave new world in which consumers can monitor their health through smartphone apps, share the information with their doctors, and also communicate with their doctors without an appointment, especially in emergencies. The article however fails to mention that Medicare and some private insurers won’t pay a doctor for time spent on e-mail, texting, and the like. Medicare not only wants you to go to the doctor’s office.
Central Banks: The True Centers of Political Power
Central banks are becoming the real centers of political power.
Economic Forecasters, Take Heart . . .
. . . climate change forecasting models are even worse than your own models. A paper published in the peer-reviewed Climate Dynamics ”amounts to a stunning challenge to climate science orthodoxy.” Researchers Professor Judith Curry and Dr.
Bylund to the ‘Journal of Management Studies’
Congratulations to Associated Scholar Per Bylund who writes:
I have just accepted an offer to serve on the Journal of Management Studies’ editorial board. It is a highly regarded outlet for research in management and business, and the journal was ranked (ISI) 6/116 in Business and 12/174 in Management in 2012.
Central Banks Make Liquidity Swap Agreements Permanent
On 31 October, basically all major central banks have made their already outstanding “liquidity swap agreements”permanent. According to the Wall Street Journal:
