Reuters reports that an entrepreneur in Dubai is now offering 24-carat gold tattoos. For $50 you can get one of the more simple designs but more elaborate ones go for $5,500. The gold body art reportedly lasts for about a week.
Gold is becoming wildly popular and people are finding ever more creative and interesting uses for the malleable yellow metal. Who knows, perhaps one day someone will come up with a really crazy use for gold, like as money or something.
If any institution can make wind power work, and make it economically viable, it is Google. Announcement of its plans here. “When built out, the Atlantic Wind Connection (AWC) backbone will stretch 350 miles off the coast from New Jersey to Virginia and will be able to connect 6,000MW of offshore wind turbines. That’s equivalent to 60% of the wind energy that was installed in the entire country last year and enough to serve approximately 1.9 million households.”
Lew Rockwell wrote:
[Excerpted from chapter 16 of Theory and History (1957).]
The great Liberty magazine, edited by R.W. Bradford from 1987 to 2005 and since then by Stephen Cox, has decided to abandon paper and become a completely online journal. This is a harbinger of things to come, as the publishing world adapts to the advent of the Internet and digital information.
William Barnett II is Professor of Economics and Chase Distinguished Professor of International Business in the College of Business, Loyola University New Orleans, where he has been a member of the economics department since 1974. He is also an Adjunct Scholar at the Ludwig von Mises Institute. He earned a B.B.A. in economics from Loyola University New Orleans in 1967, a Ph.D. in economics from Michigan State University in 1974, and a J.D. from Loyola University New Orleans in 1982.
[Excerpted from The Man versus the State, 1884]
It is said that when railways were first opened in Spain, peasants standing on the tracks were not unfrequently run over; and that the blame fell on the engine drivers for not stopping — rural experiences having yielded no conception of the momentum of a large mass moving at a high velocity.
[Excerpted from chapter 12 of Theory and History.]
History tries to describe past events as they really happened. It aims at faithful representation. Its concept of truth is correspondence with what was once reality.
