Defending the Litterer
[Excerpted from Defending the Undefendable. An MP3 audio file of this article, read by Jeff Riggenbach, is available for download.]
“Hey, Bozo, you want a citation for litterin’?Pick up that matchbook cover!”
[Excerpted from Defending the Undefendable. An MP3 audio file of this article, read by Jeff Riggenbach, is available for download.]
“Hey, Bozo, you want a citation for litterin’?
SPDR Gold Trust has surpassed the monumental $50 billion mark in terms of assets (gold).
Recognizing that gold is a long-term investment which may stabilize wealth by mitigating the risk of falls in other asset classes, investors in GLD have made it one of the fastest growing ETFs globally. As of June 25, 2010, assets under management in the trust totaled more than $53 billion, making it the second largest ETF by assets in the world
BK Marcus drew my attention to this passage from Mises’s Theory and History that illustrates that Mises really understood the subject of innovation, and that his view contrasts with both the Marxian view (impersonal forces) and the IP view (innovation is a result of ex nihilo creations by isolated idea owners). As usual, the Misesian perspective offers a middle way:
The London “Daily Telegraph” columnist, Ambrose Evan-Pritchard reported in an article on July 7,that the Dutch financial company, ING, has done a study that the possible collapse of the Euro currency would be a catastrophe for the European and world Economies.
Here is a weekend code writer who was hammered by a corporate correspondent who warned him not to release his free product because it would infringe on a legal monopoly. The whole thing is a disgrace. Just a disgrace. It further demonstrates how it would be possible to shut down the whole world using patent lawsuits. Folks, the criminals are in control of the law.
We’ve seen plenty of them in the totally ravaged markets like Las Vegas of course, but some have begun to wonder where all the commercial foreclosures are? We don’t hear about a lot of foreclosures in apartment buildings, for example. Well, apartment buildings won’t foreclosure in large numbers, because, as a substitute good for for-sale housing, rental housing is quite helpful.