Selling Sex, Not Ideas
Two new books on Ayn Rand are out, one that we’ve been promoting, which focuses on the life of Rand’s ideas and their evolution. It also includes new details about her personal life and her work associations and how they affected the growth of the movement that adopted her ideas.
Cash for Clunkers Duel: Edmunds vs the White House
On October 28, Edmunds posted a press release: “Cash for Clunkers Results Finally In: Taxpayers Paid $24,000 per Vehicle Sold, Reports Edmunds.com.” Edmonds explains the process it used to arrive at incremental vehicle sales from Cash for Clunkers incentives, and then calculated the average cost per vehicle.
Halloween and Its Candy Economy
FDIC has its biggest Friday of the year
Nine banks with a total of 153 offices were seized last evening, opening today as branches of the appropriately named U.S. Bank.
“The FDIC and U.S. Bank entered into a loss-share transaction on approximately $14.4 billion of the combined purchased assets of $18.2 billion. U.S. Bank will share in the losses on the asset pools covered under the loss-share agreement. The loss-sharing arrangement is projected to maximize returns on the assets covered by keeping them in the private sector.”
Can Capitalism Survive?
Krugman’s Magic Solution to Budgetary Woes
The Candlemakers’ Petition
Petition of the Manufacturers of Candles, Waxlights, Lamps, Candlelights, Street Lamps, Snuffers, Extinguishers, and the Producers of Oil, Tallow, Resin, Alcohol, and, Generally, of Everything Connected with Lighting
To the Members of the Chamber of Deputies.
Gentlemen:
You are on the right road. You reject abstract theories, and have little consideration for cheapness and plenty. Your chief care is the interest of the producer. You desire to protect him from foreign competition and reserve the national market for national industry.