Ever wonder where Tang and Teflon came from? If you guessed that some lab operated by NASA pulled the necessary levers and turned the dials, you guessed wrong. See, Urban Legends of NASA: What They Did Not Invent
In case you don’t know, Hooters is an Atlanta-based saloon chain that purveys cold beer; and hires pretty girls to bring it to your table. It’s a Southern chain - based in steamy Atlanta - so these girls are sensibly dressed, for comfort. Less is better, you might say.
The Competitive Enterprise Institute’s Steven Milloy has just published another great column. In “Green CEOs Bad for Business,” Milloy singles out the two worst corporate executives in the here and now: Bill Ford - who was just dumped, this week, as Ford’s CEO - and John Browne of BP. Both Browne and Ford actually despise the products they churn out. Or rather, they play to the environmentalists while they publicly denounce their respective companies and the market roles they play.
A new crisis may be brewing, even though until very recently it appears to have been known only to very few people, possibly just to a single New York Times reporter and her editors. But on September 1, it was made public knowledge, when the Times published the story on its front page. Here is the gist of the Times’ report:
John Tierney of The New York Times has finally found the economic miracle that is Estonia and has the intestinal fortitude to discuss it in the “paper of record” in an op-ed piece from September 5th:
Intellectuals, particularly academic intellectuals, tend to favor socialism and interventionism. How was the American university transformed from a center of higher learning to an outpost for socialist-inspired culture and politics?
[This article is excerpted from chapter 7 of How Capitalism Saved America.]
The neverending quest to protect (for our own good that is) us from the evils of online gambling seems to be quite fruitful. The latest news is about an arrest, made at an airport no less, of a chairman of a gamling company from other country.
In this post I reprinted a letter to the editor that I sent to a patent lawyer trade journal, IP Today, in which I responded to the comments of a patent attorney to the effect that “the patent system is necessary for there to be invention and innovation.” I explained that
