The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek
Posted in Economic Illiteracy, Health Care, Inequality on Mar 29th, 2007
Not to call out anyone personally, but two responses to my kidney article are telling. The first is from the spouse of a friend, who upon reading it said, “It just feels wrong.” That does not surprise me - it is hard to get one’s mind around markets in organs. What does get my knickers […]
Posted in Health Care, You Can't Have it Both Ways on Mar 21st, 2007
Everson Walls is a hero - and not because he made four pro-bowls as a defensive back for the NFL’s Dallas Cowboys or won a Super Bowl with the New York Giants. No, he is a hero for saving the life of former Cowboys teammate and friend, Ron Springs, by donating him a kidney on […]
Posted in Uncategorized on Mar 13th, 2007
(HT: Econlog)
Politicians want voters to have a positively-biased view of themselves. Consequently, voters learn more about politicians from their failings than from their good deeds.
Barack Obama, for example, smokes. If being known as a smoker was politically beneficial to a candidate then we couldn’t know if Obama really enjoyed smoking or if he was just […]
Posted in Uncategorized on Mar 8th, 2007
CBS would not even be on the bubble. They wouldn’t make the NIT either. They are planning on offering online video streaming to fans who wish to watch NCAA Tournament basketball games online. The problem is that their system can only accommodate 300,000 users at any one time, but that they expect many more people […]
Posted in Uncategorized on Mar 5th, 2007
Is it Wal-Mart …? It is certaintly not these guys, or these guys, or these guys, or these guys, or certainly NOT these guys. From today’s Wall Street Journal:
Here is one excerpt
In Mexico, Wal-Mart has been a counterweight to the powers that control commerce. One of the most closed economies in the world until the […]
Posted in Uncategorized on Mar 1st, 2007
From today’s Peiser newsletter:
Simultaneous warming on Earth and Mars suggests that our planet’s recent climate changes have a natural-and not a human-induced-cause, according to one scientist’s controversial theory. Mars, too, appears to be enjoying more mild and balmy temperatures. In 2005 data from NASA’s Mars Global Surveyor and Odyssey missions revealed that the carbon dioxide […]
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