Video Games and Violence
The effect of video games on crime is not as obvious as it is often suggested. If video games are indeed a substitute for real-life violence, regulating the games might even make violence worse.
The Che Guevara Brand
Ironically, anticapitalist crusader and left-wing icon Che Guevara has turned into a brand name revered by people the world around, which brings me to Alvaro Vargas Llosa’s “The Che Guevara Myth and the Future of Liberty”. Llosa evaluates the Guevara legacy and assesses the prospects for liberal reform in Latin America.
Harry Potter, Fanatic about IP, accused of violating IP
The story is here. Whether Harry Potter did or did not overtly borrow from “The Adventures of Willy the Wizard,” there can be no doubt that all good fiction is to some extent borrowed from other great fiction, else there would be no point in studying literature in order to contribute to it.
Dean Krugman to the Marching Band: “Stay the Course!”
All who remember Animal House can recall the scene at the end in which the band is trying to walk through the wall at the end of the alley, having been led there by one of the pranksters from Delta House. Obviously this moment is an absurdity, but nonetheless I can think of no better way to describe Paul Krugman’s latest exhortation to the Obama administration to “stay the course.”
How Much Money Inflation?
The Federal Reserve is lying about the nation’s money supply (M1). The current figure for money supply is being given as $1.6 trillion. The actual number is $2.34 trillion. The reported number is equivalent to an increase of 16% over the past year. The actual number is equivalent to an increase of 70% over the past year. This compares with the nation’s high money-supply increase of 16.9% in 1986.
Pulling Back The Curtain On Paul Krugman
“To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble.”
Sorry, We’re Clothed
Strip clubs are the ultimate boom-time creation. After all, the business model rests on masses of men overpaying for cocktails while overpaying lithesome young women to bump and grind on their laps — all of this after paying an exorbitant charge just to enter the building. The overexpansion of the strip-club business is yet another malinvestment created by the Federal Reserve’s monetary creation.
Pursuing a Vocation in Austrian Economics
The Summer Fellowship Program has grown since its founding by Professor Guido Hülsmann in 2000. This year the program includes eighteen young men and women from the United States, Canada, Germany, Spain, France, Turkey, Denmark, Poland and the Czech Republic. Most of the fellows are pursuing graduate degrees in economics and aspire to a vocation of teaching and writing Austrian economics at an academic institution
It’s a good day when…
Can you cheat the state?
Hmmm. Some issues do not have a simple, straightforward answer. Consider this controversy being debated in Central Ohio.
As reported in The Columbus Dispatch, “The graduation ceremony for Centerburg High School students has been canceled after school officials say many seniors cheated by obtaining copies of tests hacked from the school’s computer system.”
