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 incentives on Jul 14th, 2008
And no, I am not going to dissect the situation with Game Theory. For today I am interested in understanding the timing of when parents attempt to potty train their children. My mom claims that I was potty trained at one (how is that possible when I am not all that well trained now!) and [...]
Posted in Property Rights on Jul 12th, 2008
Biometric “Cowcam!” The camera can tell the difference between sheep and cattle and feral pests such as goats, horses, pigs, kangaroos, camels and emus.” When animals come to feed or drink they will be forced to pass through a lane where the camera has been installed. “You could have a cattle station that has feral [...]
Posted in Corporatism, Flotsam and Jetsam on Jul 11th, 2008
My favorite scene in a Man For All Seasons, “William Roper urges More, when he is chancellor, to arrest a man who is a threat to More but who has committed no crimes. When More refuses, Roper can’t believe it: “You’d give the devil benefit of law!” “Yes,” More replies, “What would you do? Cut [...]
Posted in Environment, Flotsam and Jetsam on Jul 10th, 2008
Posted in Socialism on Jul 10th, 2008
Art Carden hits it. Summarizing the absurdity of our presidential candidates’ ideas on compulsory volunteering: This exposes a glaring inconsistency in US labor policy. Working voluntarily for a wage of $5.00 per hour is unacceptable exploitation and is therefore illegal. Working involuntarily for a wage of $0.00 per hour, on the other hand, is ennobling [...]
Posted in Environment, Flotsam and Jetsam, Property Rights on Jul 9th, 2008
By Frederick Remington, 1890.
Posted in Environment, Flotsam and Jetsam on Jul 9th, 2008
Play the game! But not too well.
Posted in Flotsam and Jetsam on Jul 8th, 2008
From Margaret Atwood, here is a favorite poem of mine. Siren Song This is the one song everyone would like to learn: the song that is irresistible: the song that forces men to leap overboard in squadrons even though they see beached skulls the song nobody knows because anyone who had heard it is dead, [...]
Posted in Flotsam and Jetsam on Jul 7th, 2008
This week, I thought I would change things up a bit – a week of fine arts from the Unbroken Window. Some more serious than others. I start it up with a great old campfire song – and feel free to add your own lyrics in the comments!
Posted in Classical Liberalism on Jul 4th, 2008
IN CONGRESS, JULY 4, 1776 The unanimous Declaration of the thirteen united States of America hen in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which [...]
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