Here is Henry Hazlitt exercising his gift for lucidity to produce a book entitled Economics in One Lesson. If there were such a book this would be it. It deals with those “economic fallacies that are at last so prevalent that they have almost become new orthodoxy,” — to the point that now there is not a major government in the world whose economic policies are not influenced or in fact determined by them.

The popular rap on Wikipedia, the world’s must used information source, and one of the treasures and marvels of the web, is that it is democratic. Anyone can edit and add or subtract. But for those in the know, the reality is different. The iron law of oligarchy takes over. An outsider can’t in fact edit anything, anytime. The changes have to stick, and to get them to stick you have to justify the change in the talk page, and this is where the the battles truly take place. Disputes are resolved by editors.

It is clear to anyone who pays attention that IP is under assault–both institutionally, as digital copying, encryption, distributed information, the Internet, and the inherent impotence of IP policing make attempts to monopolize information patterns increasingly futile; and intellectually, as more and more people, especially libertarians–and especially younger libertarians–see the injustice of IP made manifest and obvious.

This time it is Robert Klein and George Reisman writing in Barron‘s:

I previously posted “On J. Neil Schulman’s Logorights“; Schulman and I recently had an interesting exchange in the comments section of the cross-post on my blog. The original post and the exchange are appended below.

Despite the billions spent since 2001 on intelligence and counterterrorism programs, sophisticated airport scanners and elaborate watch lists, it was something simpler that averted disaster on a Christmas Day flight to Detroit: alert and courageous passengers and crew members.

Some insight here:

Bob Murphy eats his critic for dinner on Reddit.