Iceland became a bullet train heading at 100 miles an hour into a future upheld via a paper Valhalla rainbow of massive fiat-money infusions, which could fall away at any time.
I have some vague sense that many people are opposed to capital punishment, and for good reason, and especially when there is no trial and conviction, and yet we are expected uncritically to celebrate the death of Bin Laden at the hands of the U.S. state. The government needs glory and we are supposed to provide it, regardless of the cost (which, as Anthony Gregory points out, has been American liberty itself, in addition to possibly millions of lives).
His ideas, I mean. The video below is a good demonstration of the power of ideas– as Bacon said, “Scientia potentia est” (“knowledge is power”). This is the video of a talk Professor Hans-Hermann Hoppe gave in April 2011 at the 2nd Austrian School Conference, Mises Institute Brasil, in Porto Alegre, entitled “State or Private Law Society?” (pictures from the event).
Bloomberg Businessweek says”World markets are frothing like shaken Champagne, and doomsayers argue that today’s bubbles need to be deflated now before they get dangerously large.”
Alex Tabarrok on “The Lost Eden of Childhood. Not Lost. Not Eden.” Great comments, too. The more I learn about economic history, the more skeptical I am of nostalgic reminisces for “a simpler time” and complaints about “kids these years.” A couple of thoughts:
Fascinating Reason.tv interview with neuroscientist Paul Zak, about the evolved, neurobiological, oxytocin supported propensity to social trust and cooperation.
