Lego, The Company We All Love To Hate
- Category: Austrian Economics
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Some time ago we received an anonymous e-mail from a reader who was quite angry. The reader (let's call her Disappointed - although we have no way of knowing the actual gender) either had a toy store or was starting one. Consequently, Disappointed was scouring toy manufacturers in her search for the best toys kids may like. Inevitably, she came across Lego and she did what any prospective retailer would…
Cryptographic Bullshit
- Category: Conspiracy
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A couple of days back The Register-UK publish the article called "GCHQ director blasts free market, says UK must be 'sovereign cryptographic nation'". What's interesting in this article is the fact that the head of the UK spy agency actually came out from the shadows and spilled a thick layer of marketing and propaganda to whoever wanted to listen. Things are really changing these days when one notices that such…
The Pope Strikes Again...
- Category: Church & State
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Davos, Switzerland. The super rich and elite powerful people are meeting there and of course the elite powerful religious people are there to tell them what to do and how to do it in economic terms. Who are we referring to? The Pope of course! Because, as you know very well, the Pope is an expert in economic affairs. He knows exactly how to grow an economy, how to provide…
BLQ: Are Governments Always Wrong?
- Category: Libertarianism
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This is an issue that goes to the core of people’s misunderstanding of what Libertarians declare and it actually represents more fake means enabling a very common tactic used by our opponents.
THE ARGUMENT
Most libertarians specialize or spend an enormous amount of time bitching against governments. Most of us do so because all the information that we have point in the same direction; this is, that governments are not only…
The Equilibrium Barrier
- Category: Libertarianism
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Continuing with our lifelong libertarian saga, today we are going to analyze one more reason why libertarianism is so difficult to get at. Mind you, when we mean "difficult" what we mean is difficult for other people, not for us. This barrier we will talk about today has to do to a degree with the previous barrier that we talked about; this is the The Time Preference Barrier. As a…
A Micro-Bacterial Tale Of Promiscuity
- Category: Health
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Strangely enough, today we are also going to be looking at an article from the Wired Magazinetitled "The Once Powerful Antibiotic Goes the Way of All Flesh". This article deals with an antibiotic called Colistin. This antibiotic was discovered in 1969 but it was never used in humans because it is so toxic. However, this did not stop Chinese farmers from using it in pigs. Yes, the antibiotic is also…
Full Body Transplants Are An Excellent Idea!
- Category: Health
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A few days back Wired Magazineposted an article called "Transplants Are a Crazy, Wildly and Unethical Idea". Yes. That magazine. Now why would a technology magazine going off the rails so to speak and move into a theme for which it is clearly not qualified at all? Well, because just like any other so-called "outlet" Wired magazine is not in the business of technology but in the business of making…
Do We Have A Crisis?
- Category: Economic Conditions
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That's it. It's over. You know it, we know it, everybody knows it. The financial world it's crashing down like a pile of dominoes. This is the big one. What we have always been expecting. All the signs are in there, the writing is on the wall, everybody is saying it, nothing is getting better, OMG!
Really?
Not the clue.
According to the World Bankthe "perfect storm" is coming, and…
Fairness Is Asymmetric
- Category: Regulations
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How many times have you heard the words "this is fair" or "it is only fair" or any other variation of these words. In general terms these words do not bother us. However, there's one occasion when these words become deeply insulting. This is when people, most people, use them to refer to something that the government did to somebody. Typically, these words are used in reference to taxes, or…
