Inequality of wealth and incomes is an essential feature of the market economy.

These riots are fueled by the yob society generated out of the paper-money welfare state.

Regarding my previous posts Hayek vs Keynes at the LSE and Keynes vs.

Brendan O’Neill writes:

I find this just remarkable. This is the first time I’ve seen his manner in action. He was legendary for his personality and presentation, and the spell he cast over the world owes much to both.

In the 1970s you could not find bottled water here in these United States. But by 2009 bottled water was a $21 billion business.

David Glasner attempts to defend central bankers from the accusation of being central planners. He does so from a distinctively Misesian perspective — or, at least, that is his intention. But, he mistakes Mises’ definition of socialism as a definition of central planning, where the former suggests the collectivization of the means of production and their rationing by means of a planning board (or something similar).

It was a close call, but “A court on Wednesday refused to grant a preliminary injunction requested by the Christian Louboutin company against Yves Saint Laurent, alleging trademark infringement on shoes that featured red soles suspiciously similar to those of Louboutin. The decision not only cleared the way for YSL to continue producing its shoes, but also seemed to give coverage to other shoe manufacturers who may want to add a scarlet underpinning to their own future models”