Wal-Mart, Like Drug Dealers, Supports Terrorism
...according to a new ad campaign. Maybe libertarians should start saying, “Oppose the government! It sponsors terrorism!” It does, after all.
Buy when there’s ice in the streets
Bono the Capitalist Exploiter
Bono and his wife, Ali Hewson, have been traveling the globe endorsing their new clothing line, Edun. According to Bono’s mistaken economic theories, he is no champion of the poor in his own factory. These wages are incompatible with the message Bono and Ali are trying to portray. Bono speaks about creating a new business model that can be emulated by other companies. In fact, he is doing what others are doing and have done for a very long time, and it is good for everyone.
The Fallacy of Collectivism
According to the doctrines of universalism, conceptual realism, holism, collectivism, and some representatives of Gestaltpsychologie, society is an entity living its own life, independent of and separate from the lives of the various individuals, acting on its own behalf and aiming at its own ends which are different from the ends sought by the individuals. Then, of course, an antagonism between the aims of society and those of its members can emerge.
Our Man in The Economist
He only got four letters, (P-a-u-l), but my favorite candidate for president was mentioned in this article in the Economist (NO subscription required for this article) about the effect of the Internet on presidential campaigns.
Hoppe in Indonesian
The latest language into which Hoppe’s work has been translated is Indonesian (Teori Umum Keynes Dalam Pandangan Misesian, Indonesian translation of Hoppe’s The Misesian Case Against Keynes, translated by Sukasah Syahdan). This brings the number of languages in which the internationally popular Hoppe’s work appears to at least twenty—quite amazing, as this is only for online works.
Don’t Sell Short Selling Short
Stockholders and managers of firms, whose interests lie in higher prices for what they own or manage, miss few opportunities to deride short sellers, writes Gary Galles. Regulators, whose blunders short sellers frequently reveal by discovering fraud that escaped their attention, respond similarly. That combination of interests helps explain why, at various times, short selling has been banned in many countries, including England, France and Japan. And yet, to attack or restrict short selling is then to restrict the market’s ability to elicit and integrate all available information.
Can the State Reduce Poverty?
From the beginning of history, sincere reformers as well as demagogues have sought to abolish or at least to alleviate poverty through state action. In most cases their proposed remedies have only served to make the problem worse.
Forced Cartel
That’s the effect of minimum wage laws, says John Egger today.
Neoclassical Economics = Marxism?
I had a enlightening exchange with an international economics professor recently about Marxist dogmas inserted into neoclassical economics. At least, her brand of them.
