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Separated At Birth?

Maybe there's some kinda Clark Kent/Superman thing goin' on? Are we sure these two have been in the same room together?

Are there witnesses?


~(Theory → ~Practice)

How often have you heard the line, "Communism is great in theory, but it doesn't work in practice"? I've always disliked this argument. After all, if it doesn't work in practice, what good is the theory? Read more »


Mises Pieces

Thinking back about this past week at Mises University, I'd like to offer some well-deserved praise coupled with a just a wee-bit of constructive criticism. Mises U. satisfied far beyond my expectations, but I still see some room for improvement.

When I first heard the term Mises University, I thought it was just a colloquialism. Surely, it is not possible to simulate the college experience in only one week, right? Read more »


Objective Value in Economics and Ethics

My co-blogger David asks an interesting question: In response to my claim that "I see no reason to conclude that in all cases and all times, the costs of predation always outweigh the benefits", David asked,

So if one was to demonstrate via economics that the costs of predation always outweigh the benefits, you would accept an objective morality?

Mises and Morality


The Falling of The Heavens

A few months ago, in an article opposing gay marriage, Cal Thomas made the following observation:


Ladder Reset

For those of you who play Diablo II, the ladder will be reset tonight at 7:30 p.m. Eastern Standard Time, followed by about 30 minutes of downtime before the rush begins. Here is a countdown.

My blogging will be slim to nonexistent for the next week or two as I get my Diablo II groove on.


Where Antitrust and H4X0RZ Collide


Fred on Voting

Apart from a thinly-veiled insult of Mexicans and a diatribe against "the racial lobbies, defense industry, teachers unions, feminists, AIPAC, big pharma, oil corporations,"[1] this Fred Reed piece induced a hearty "Hell Yeah!" upon reading. An excerpt:

Given that democracy is pointless, and participation in it a sign of a weak mind, what is the wisest attitude toward the government? ...

Hot For Teacher

In an effort to fulfill every teenage boy's fantasy, Debra Lafave, a 23-year-old middle school English teacher, allegedly had multiple sexual encounters with a 14-year-old male student. Read more »


Rock, Paper, Saddam

Wondering how the Saddam trial has been faring? Wonder no more.

Of course, Saddam is not the first tyrannical dictator to play fast and loose with the sacred rules of Rock Paper Scissors:

RockPaper.jpg

Read more »


Mises University

Randall and I will both be attending Mises University this August. Randall has been to the Mises Institute before, but this is my first time, and I look forward to learning what this place is all about. I'm so used to taking classes with illiberal professors just for the hell of it; it will be a welcome change to learn from people I (mostly) agree with. Especially some of the big names like Hoppe, Block and Long. Who knows - maybe they'll make an Austrian out of me yet! Read more »


EconTrot

Jason Fox has clearly mastered the concept of complementary goods:

Complement.jpg

However, I think Jason needs a refresher course on the price elasticity of demand.


Bible Lesson of the Day

I Samuel, Chapter 8:

And it came to pass, when Samuel was old, that he made his sons judges over Israel. Now the name of his firstborn was Joel; and the name of his second, Abiah: they were judges in Be'ersheba.

And his sons walked not in his ways, but turned aside after lucre, and took bribes, and perverted judgment.

Then all the elders of Israel gathered themselves together, and came to Samuel unto Ramah, and said unto him, "Behold, thou art old, and thy sons walk not in thy ways: now make us a king to judge us like all the nations."