Laments For Attention On Environmental Economics
On Environmental Economics, the authors take note that Krugman appears to be reading their blog. They then state that the market will fail to protect the environment. Not that the government literally, by reserving powers to itself, FORCES the failure to protect the environment. As soon as something that is useful becomes a scarcity, it…
Time For Violence: Judicial Activism And The New Supreme Court Nominee
The difference between conservatives and socialists, is that conservatives believe that the government was constructed so that the legislature makes laws, and the court overturns those that are unconstitutional. That is the purpose of the court: to guarantee that the laws that are made adhere to the constitution, and to guarantee that the adjudication of…
Citi’s Prince Doesn’t Place Enough Blame On The Government
From Reuters, regarding today’s CITI testimony before congress: Prince’s infamous comment that his bank was “still dancing” even as the subprime crisis worsened came back to haunt him at the commission hearing where he was asked about it. His explanation seemed to boil down to this: it was a race to keep up with competitors…
Violence Is The Source Of Freedom
Prior to an important meeting of prominent advocates of freedom, Mises stated roughly, that: 1) Laissez-faire means ‘let the consumer decide’, it does not mean chaos prevails. I translate this more clearly and accurately as ‘a responsible parent forces her child to make decisions’ so that inter-temporal decision making becomes one of the child’s most…
Hayek’s Renunciation Of Conservatism – A Failure Of His Own
Hayek is somewhat famous for his essay “Why I am not a conservative.” In that essay, he states that conservatism has no solution to offer us. But Hayek, along with Popper, Mises, Parsons, and the more sociological Pareto, Burkheim and Weber, all failed to provide us with that solution. They all tried and failed. Pehaps…
Two Misleading Infographics – One Religion of Secular Humanism
Timeplots posted an infographic on women’s participation in congress, which, all things being equal, has essentially remained flat. However, I take issue with the assumption that participation alone is a measure of somehting valuable, other than than as a vidication of the spread of the religion of secular humanism. Also: The Guardian posted an infographic…