Daniel Gross in Slate on Greenspan’s coming rate cut and what it means for $2 trillion in money-market funds.

Father James Sadowsky is not a well-known figure of the libertarian movement. But he is a pioneer. One of a small band of enlightened people who were meeting regularly in Murray Rothbard’s apartment in Manhattan in the early sixties, to discuss revolutionary ideas which today can be shared with hundreds of thousands of people through the Internet.

http://www.quebecoislibre.org/030607-2.htm

Despite the impressive rally in tech stocks and virtually no reporting on the gold market, Nasdaq has a long way to catch up with precious metals. This is a two-year chart of the two markets. The media barely mentioned that the gold index (XAU) hit a 52-week high this past week.

To add to Mark’s point, “The Tech Rebound that Isn’t Quite“ (NY): “Instead of leading the economy, as it did in the 1990’s, the technology sector is being pulled along with it, behaving more like other industries and less like a business that operates by its own ‘new economy’ rules. And so it may be that Wall Street has gotten ahead of itself, acting as if an old-fashioned tech rebound were under way.

Sol Stern, writing in City Journal (the quarterly publication of the Manhattan Institute) takes on ACORN, a lobbying and legal aid organization that has implemented a very successful lobbying strategy for tenants’ rights, “living wages”, unionization of welfare recipients, and a host of other policy planks.  The article is interesting for its discussion of the strategy they have used, which involves working on a city-by-city level.

Cartel Crackdown Takes Effect (BBC): “Company bosses who conspire to force prices higher face jail under tough new laws which come into force on Friday. The Enterprise Act, which has been in the legislative pipeline for 18 months, sets out penalties of up to five years’ imprisonment and unlimited fines for directors found guilty of serious market abuses.” All this, just for a mutually beneficial commercial exchange.

The last time I heard a non-leftist argue that “false consciousness” was a legitimate concept (properly understood) was from Guido Hulsmann during a presentation at a Mises Institute conference several years ago.  Now, in the latest issue of the Independent Review (Vol. VIII, Number 1, Summer 2003), Donald J.

Justin Raimondo on the shut down of free speech and press in Iraq (Antiwar.com)

The tax police spend half their day surfing the web for porn, games, etc.