Random Thoughts For October 2014
Never take other people for granted. There is a point of no return in all relationships.
Incumbents Always Win
Incumbents have all sorts of built-in advantages.
“Social License to Operate” is a Violation of the Right to Liberty and Property
Companies should be free to operate in any way they choose: to develop mining and oil sands operations, to build pipelines or nuclear power plants, to start and operate biotechnology ventures or any others—as long as they do not violate the individual rights of others, including their rights to liberty and property.
Fans of Central Banking Have an Achilles Heel
Central planners constantly run into the problem that people are not willing cogs.
Exposing Corruption in the Department of Justice
How Federal Persecutors Hide The Truth To Punish The InnocentLicensed to Lie: Exposing Corruption in the Department of Justice
Embarrassing Economists
There are economists, most notably Nobel Prize-winning economist Paul Krugman, who suggest that the law of demand applies to everything except labor prices (wages) of low-skilled workers.
Governments Need Inflation, Economies Don’t
Inflation is not needed to grow economies but to grow governments.
Predatory Journalism Against The Freedom To Price
Editorial demagoguery against “predatory” lending might well be called predatory journalism — taking advantage of other people’s ignorance of economics to score ideological points, and promote still more expansion of government powers that limit the options of poor people especially.
Turkey’s Position on ISIL Misunderstood
It is tempting for Western observers to view Turkey’s reluctance to join the fight as a mark of disloyalty to NATO and as a sign that the alliance is mostly about convenience. This view may be too simplistic.
