Saving Us From the Savings Crisis
That Americans do not save enough has been repeated so often it is now widely accepted, especially with baby boom retirements looming. Now, the Bureau of Labor Statistics has reported that our e personal savings rate was minus one percent for all of 2006.
A glimpse of today’s India
I am in Bhopal, visiting India after almost three years.
I arrived very early in the morning of 27 January 2007. I took the train from Delhi to Bhopal. At Delhi train station, I stood at the front of the counter in the middle of the cold night for 1.5 hours to buy my ticket; the seller was there all this time, chatting away and drinking tea with others, without recognizing the presence of those lining up. When he got around to selling the ticket, he found several mistakes in my (train-ticket) application form. I faked as much courtesy as I could and did what he wanted.
When Is a Land Title Criminal?
The Problem of Land Theft
A particularly important application of our theory of property titles is the case of landed property. For one thing, land is a fixed quotal portion of the earth, and therefore the ground land endures virtually permanently. Historical investigation of land titles therefore would have to go back much further than for other more perishable goods.
“The policy was set. The war in Iraq was coming and...”
In addition to the Downing Street memo, we now have former chief of the CIA’s European division, Tyler Drumheller, in an interview with Spiegel Magazine discussing that the administration ignored CIA advice and used whatever information it could find to justify an invasion of Iraq.
New York Teen Sues Record Industry
In more lawsuit news, a 16-year-old being sued for online music piracy accused the recording industry on Tuesday of violating antitrust laws, conspiring to defraud the courts and making extortionate threats.
Robert Santangelo and his lawyer, Jordan Glass, responded at length on Tuesday, raising 32 defenses, demanding a jury trial and filing a counterclaim against the companies.
Government to Protect Us from the Falling Sky
Throughout my ethics class’s viewing of Al Gore’s An Inconvenient Truth, I was caught off guard by just how poor the case for human-caused global warming really is. Assuming every claim Gore makes in the movie is true, we are perfectly capable of dealing with things such as climate changes and rises in sea levels.
Can We Trust the State with Preservation?
Gene Callahan and Julius Blumfeld discuss not the goal of preservation but the means. After all, it was the forces of the Venetian state (with some help from the Ottoman government) that blasted the roof off of the Parthenon after it had been held aloft for over two millennia. It was the army of the Roman Republic that razed the venerable cities of Carthage and Thebes. It was as a result of state actions that the great library of Alexandria is lost to us. World War I and II obliterated valuable relics of Europe’s past and its cultural gems at a rate previously unimaginable.
Posner’s Catastrophes, and Ours
Richard Posner is widely described as a libertarian, but this is not the case, writes J.H. Huebert. And the latest of his many books, Catastrophe: Risk and Response, may be his most statist work yet, for it wants nothing more than to scare you into accepting bigger, ever-more-powerful government. It is part of a stream of recent work from University of Chicago court intellectuals advocating bigger government and explicitly attacking those who warn against trading liberty for security.
Pro wrestler sues rapper over hand gesture: Yet Another Example of how Intellectual Property is Partial Enslavement
Yet Another Example of how Intellectual Property is Partial Enslavement: Professional wrestler Diamond Dallas Page sued rapper Jay-Z claiming that he has illegally adopted Page’s trademark hand gesture, the ‘Diamond Cutter,’ as his own.”
