FT.com / Commodities - Fears of new food crisis as prices soar
Wednesday, November 17, 2010
Tuesday, November 16, 2010
Monday, November 15, 2010
Even Secretariat Understood Death Tax’s Cruelty - Deroy Murdock - National Review Online
Saw this movie this weekend. Loved it.
Read more here.
Sunday, November 14, 2010
The Last Boom Town in America
Imperial Athens. Imperial Rome. Imperial Washington. Centers of power and, therefore, money. Power is Washington's product, and the more power it has, the more money it attracts.
As Washington gains power and wealth, it grows as an obstacle to production and innovation in the rest of the nation. Silicon Valley is just outside of San Francisco. LA produces world-class entertainment. What does Washington produce? Very little that does not depend on spending other people's money and telling them how to live.
As my hero Bastiat might have said, Washington is no longer a town that uses law to protect men and their property, it uses law to plunder both.
Why is Washington now home to 7 of the 10 richest counties in the United States? Because it is better to be the plunderer than the plundered.
Monday, November 8, 2010
Science? Politics? Both?
"This group feels strongly that science and politics can't be divorced and that we need to take bold measures to not only communicate science but also to aggressively engage the denialists and politicians who attack climate science and its scientists," said Scott Mandia, professor of physical sciences at Suffolk County Community College in New York.
"We are taking the fight to them because we are … tired of taking the hits. The notion that truth will prevail is not working. The truth has been out there for the past two decades, and nothing has changed."
Read more.
Saturday, November 6, 2010
Progress Q & A
"China has also pulled off a breathtaking economic transformation which will soon see it become the mightiest economic power in the world. It will challenge American hegemony as never before in modern times."
Read more: John Humphrys, in the Daily Mail
Question: How did China pull off its breathtaking economic transformation?
Answer: By encouraging markets more and using government less.
Question: How might a country pull off a breathtaking economic decline?
Answer: By doing the exact opposite.
Subscribe to:
Posts (Atom)