No Representation for Taxation
A bill has passed the House of Representatives giving a seat in Congress to the nation’s capital, the District of Columbia.
According to The New York Times,
Libertarianism is a Revolutionary Movement
Hysteria and hysterics
In conjunction with the DVD release of the BBC’s series, “Planet Earth: The Complete Series,” AOL is currently offering a short quiz and a video contest.
Hysteria first: The 10-question quiz “Planet Earth by the Numbers“ has a certain spin, to say the least. Note question 10, my favorite:
Question: According to some estimates, by 2050, CO2 levels may be as high as when ...
The Socialist Tree Calculation
While the headline of a recent New York Times article employs a subjectivist notion of value, “Maybe Only God Can Make a Tree, but Only People Can Put a Price on It”, the article makes it clear that the concept of price formation is something less well understood in the so-called paper of record.
Witness how the tree prices were derived:
Working Paper on Newcomb’s Paradox
Newcomb’s Paradox is Not a Paradox, by Matt Beller (U.S. SEC)
On Evil Acts
Lew Rockwell asks: How does an evil impulse come to reside in a particular person and unleash itself in ghastly ways? Another consideration: how can we as a society best deal with the problem of evil? Let us not conflate the two issues. We do not have to side with either the progressives (people are basically good) or conservatives (people are basically bad). We only need to say that whatever is the intrinsic nature of man, the market will find the best possible means to deal with it, and whatever the outcome of that market process, it cannot be made better by involving the state.
Keeping Up With the Party Line at The New York Times/Pravda
From the movie review “Casualties of China’s Transformed Economy” by Jeannette Catsoulis, in today’s Times:
The Pundit of the Day
Robert Murphy Speaks! Also, here is a reliable source for his books. :)
Painting that spot behind the toilet
Sometimes it takes the odd event to allow two unrelated thoughts to become synthesis. Last night, as I sat watching the TV show “24” for the first and last time, spontaneous synthesis occurred.
As the “24” president and Jack - the main character - engaged in a desperate phone call, the president casually noted the destructive perimeter of the exact amount of the explosive C-4 that Jack claimed to be holding. It was then I realized that those who rise to the office of president are truly omniscient.
An Update to Henry Hazlitt’s “Uruguay: Welfare State Gone Wild”
Back in 1969, Henry Hazlitt’s Man Versus the Welfare State appeared. It was a valuable collection of essays, one of which was “Uruguay: Welfare State Gone Wild.”
This essay consisted largely of a series of verbal “snapshots” of Uruguay, as Hazlitt called them, in the form of quotations drawn from a variety of sources over the years 1956 to 1968. What Hazlitt described by means of the quotations was an economic system plunged into ruin by unrestrained welfare-state spending.
