Free the Clogged-Nose 25!
The charge is “unlawful possession of a precursor.” The “precursor” here is Sudafed. Can you believe it? What was lawful only a few years ago now gets you written up in the papers as a drug dealer.
Common Objections to Capitalism
A lot of people object to what they call “capitalism,” but their objections hold little or no water once they are examined critically. Let’s consider some of the most common objections in turn.
Hoppe on the Nobel Prize
Jesse Walker’s Reason blog post, Memo to Stockholm, references Timothy (Wirkman) Virkkala’s suggestions to thoughts about the Bank of Sweden’s upcoming Nobel Memorial Prize for Economics. I posted a comment there:
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Hans-Hermann Hoppe notes in an interview:
Year After TARP: $700 Billion Down the Drain
TARP money wasn’t used to buy toxic assets. TARP money was instead used to buy preferred stock in banks, shoring up their balance sheets by giving the federal government part ownership of the banks.
Karl Marx as Religious Eschatologist
Why Gold is Soaring
Here: “In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.”
Professors Claiming Copyright Over Their Lectures: or, The Increasingly Evident Injustice of IP
See the great post from Mike Masnick, Professors Claiming Copyright Over Their Lectures, about the ridiculous case of some Harvard Professors claiming copyright in their lectures, jeopardizing the rights of students to take notes (this is so opposite the approach of the heroic MIT).
The Death of Politics
The Left’s attack on corporate capitalism is, when examined, an attack on economic forms possible only in collusion between authoritarian government and bureaucratized, entrepreneur business.
Does Deflation Pose a Threat to the US Economy?
Does it make sense that a fall in prices should actually cause people to postpone buying goods? To maintain their life and wellbeing individuals must live at present.
Sitting On One’s Hands
There are several things that the Commodity Futures Trading Commission (CFTC) will be considering as they convene hearings. Hopefully they will hear well-researched, and well-thought out opinions, unlike that of Michael Masters – who’s testimony was slammed equally by the left and the right by the likes of Nobel Laureate Paul Krugman and Commodity trader Jim Rogers. Among the issues that the CFTC is looking at are transparency in the markets and the position reporting limits where they are not currently any Federal guidelines.
