Those greedy capitalist pigs!

Robbert Herring, a “tycoon”, has offered Michael Schiavo $1million if he hands over the rights to decide whether or not to take his wife, Terri Schiavo, to her parents. Mr. Schiavo says that she’d told him she didn’t want to live that way, but her parents disagree and think she could become better with treatment. Mr. Herring, who is a completely independent party, thinks that new developments in stem-cell research may provide hope for Mrs. Schiavo.

Time Preference Confirmed

Among the critics of Austrian economics none is so close, yet so far, from being an Austrian as Bryan Caplan. In his latest effort to discredit Austrian Economics Bryan has taken on the idea of time preference. According to Bryan the idea that interest rates and intertemporal consumption decisions depend upon time preference is wrong. All one need to explain this is the notion of diminishing marginal utility, not time preference.

Christian Right Converts to Gaia Worship?

The National Association of Evangelicals is considering a federal lobbying effort promoting government action against global warming. Top officials of the group have decided that the Bible mandates responsible stewardship of the Earth, energy use is causing catastrophic global climate change, and therefore the government should be given more power to control energy use in hopes of cooling the planet. Apparently, some red statists think God has endorsed Pigou’s market failure framework. Rev.

Canadian raid resulting in four RCMP deaths a warrant for bolstering the Drug War?

A group of Royal Canadian Mounted Police who were acting in response to a dispute over the outstanding debts of one James Roszko were gunned down by Roszko in what the constables’ superior described as an ambush. Now Jane’s Information Group is running the story [sorry, subscription only] on their website as evidence of the escalating violence related to the Canadian marijuana trade, and presumably of a need for more Drug War efforts.

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