On September 21, 2011, Google executive chairman Eric Schmidt faced a hailstorm of criticism from senators and rival CEOs alike at a hearing of the Senate Judiciary Committee’s Antitrust, Competition Policy,

In Sheldon Richman’s excellent Freeman column Elizabeth Warren’s Non Sequitur, he rightly criticizes the abysmal logic expressed by Elizabeth Warren, the demonrat who’s running for the U.S. Senate in Massachusetts. In her remarks in this video (see below) she says:

“Surely the history of money has made sufficiently clear the dangers and evils of irredeemable paper, the fundamental disorganization and demoralization that such paper can occasion, to make argument with reference to the essential importance of the preservation of the gold standard unnecessary.”

As Mises explained, controls breed controls. ((“interventionism cannot work as a permanent system of society’s economic organization. The various measures recommended must necessarily bring about results which—from the point of view of their own advocates and the governments resorting to them—are more unsatisfactory than the previous state of affairs which they were designed to alter.

Amazon introduced a new tablet today, the Kindle Fire, which uses the “Silk” browser, which is discussed here, and in the video below.

A new policy at Princeton prohibits (unless a special waver is granted) professors from assigning exclusive rights to publishers. This might at first appear to be a mandate but it is really a liberation. Professors have been browbeat for generations by publishers who demand all rights to an author’s work, which, under the law, they can keep for a lifetime. The new university rule makes it possible for the faculty to insist on a different policy.

There is no way out for the accused.