A bird in Spain is sick. (This seems to hold true)

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Sometimes we’re lucky. Sometimes simple, everyday occurrences suggest solutions. I bet the first wise guy who saw a round rock rolling down a hill took out a patent on the wheel. And the tree that fell across the ravine? Aha, a bridge.

Daniel Gros, Director of of Centre for European Policy Studies, has two interesting papers on his site, both dealing with anomalies in the balance of payment statistics:

Or: We’re from the government—and we’re here to help. In Perspective: Let global online freedom ring?, my former partner, e-commerce law expert Eric Sinrod critiques the proposed Global Online Freedom Act of 2006.

One truism has never been successfully challenged: Government interventions lead to a less efficient, less well-ordered society.

In his important book, Basic Principles of Economic Value, Eugen von Böhm-Bawerk develops, among other important concepts, his basic law of prices and includes a footnote that is both intriguing and worthy of exploration.

The New York Times does not mention Independence Day on its editorial page on the 4th of July. And there is no word of celebration of it on its Op-Ed page. What is present on the Op-Ed page is a further demonstration of that newspaper’s hostility to the fundamental values on which the United States was built.