Private Interests Could Never Protect the Environment
Posted in Environment on Apr 23rd, 2009
Think again. Check out more here.
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 Environment on Apr 23rd, 2009
Think again. Check out more here.
Posted in Government Gone Wild on Apr 22nd, 2009
Two FBI workers are accused of using surveillance equipment to spy on teenage girls as they undressed and tried on prom gowns at a charity event at a West Virginia mall.The FBI employees have been charged with conspiracy and committing criminal invasion of privacy. They were working in an FBI satellite control room at the [...]
Posted in Environment, Religion on Apr 22nd, 2009
Well said from a former colleague of mine, John Barry. On “Earth Day” our children’s schools will be festooned with reminders of the supposed importance of recycling. No one will question the presumed moral imperative that “everyone should recycle.” Education, in short, will yield to indoctrination. All too often in our schools, recycling is not [...]
Posted in ethical foundations on Apr 21st, 2009
It has become tiresome reading the multitude of blatherings about how the recent financial crisis is a failure of capitalism. John Bogle’s piece in Tuesday’s WSJ is particularly troubling. The malfeasance and misjudgments by our corporate, financial and government leaders, declining ethical standards, and the failure of our new agency society reflect a failure of [...]
Posted in Economic Illiteracy on Apr 21st, 2009
My favorite part of his comment is this: “This is not some fanciful, pie-in-the-sky vision of the future. It’s happening now. The problem is, it’s happening elsewhere.” He cited superior high-speed rail travel in countries like China, Japan, France and Spain OK economics students, it is quiz time. Does demonstrating that trains travel faster in [...]
Posted in Regulation on Apr 20th, 2009
No matter how much evidence I provide about the checkered record of economic regulation, my students generally believe that we need regulation of our economic lives, “otherwise chaos would result.” We’ll address this in a series of posts, including the creation of a repository of evidence on the record of legislation (for example, the tobacco [...]
Posted in Flotsam and Jetsam on Apr 18th, 2009
At cute overload.
Posted in Socialism on Apr 18th, 2009
Build support for socialism. According to a Rasmussen poll released last week, 37 percent of Americans under age 30 prefer capitalism, 33 percent prefer socialism and 30 percent are undecided. Among all Americans, 53 percent prefer capitalism, 20 percent prefer socialism and 27 percent are undecided. Read the whole thing. My students are surely among [...]
Posted in Health Care on Apr 17th, 2009
My wife pointed me to this story and the commentary that follows is largely hers: We didn’t realize that after he had the heart attack no one would want to insure him,” said Vicki. The one bright spot is that Lyle, 64, has qualified for Medicare disability benefits and expects to be getting his card [...]
Posted in Extended Order, You Can't Have it Both Ways on Apr 16th, 2009
“Rizzo, what do you think about regulating short-selling?”