Fortune Sellers
Kinsella on Bill Handel Show Discussing Blackmail, Tiger Woods, David Letterman
I was a guest on the Bill Handel Show yesterday discussing the libertarian perspective on blackmail, with reference to the Tiger Woods and other cases.
Peak Gold?
Analysis of the economics of gold price formation by the financial media is nearly all wrong. The majority of articles and research reports obsess about mine supply, as if it mattered (which it doesn’t see 1 and 2). There are additional pointless discussions about whether the gold industry is in a phony deficit or surplus (neither).
Low demand shutters hotel towers in Vegas
The same week that MGM’s $8.5 billion CityCenter is unveiled, the Sahara Hotel has closed two of its hotel towers for the holidays due to low demand.
This closure comes on the heels of Binion’s closing its 365 rooms downtown.
October marked the 22nd straight month of declining gaming revenues in Nevada and was the lowest single-month figure since December 2003, when casinos collected $767.4 million.
Political Paternalism, Big Government, and the Welfare State
We are living in a time when government is growing by leaps and bounds, and increasingly intruding into our lives.
The dangers from growing government may be encapsulated under a variety of headings that I discuss in an article of mine that appears today in the Christrian Science Monitor online, under the title, “Obama, Health Care, and the New Road to Serfdom.”
Rise and Fall in Dubai: An Austrian Perspective
All Is Well
It was January 2008 when I first set foot in Dubai. It was a land full of grandiose, landmark projects. Few cities in the world could match the sheer number of high-rise buildings and skyscrapers being built in the emirate (more than 80 units over 150 meters high are completed or under construction as of this writing).
Correction, Mr. Bernanke
Pens for Hire, Cheap
John Perry Barlow’s “The Economy of Ideas: A framework for patents and copyrights in the Digital Age”
John Perry Barlow‘s 1994 Wired article, “The Economy of Ideas: A framework for patents and copyrights in the Digital Age,” tagged: “(Everything you know about intellectual property is wrong.)”, is a classic. Written at the dawn of the Internet, it’s amazing how non-dated it is. It’s a fascinating, well-written, and insightful paper about the problems of applying classical notions of IP to the digital age. A few choice nuggets: