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Tyson The Skateboarding Bulldog

I'm generally not very interested in dogs or skateboards, but put the two together and just damn, my interest is piqued.

tyskate1.jpg

Click on the picture to see an unbelievable video.

More here. Read more »


Wall-to-Wall Wal-Mart

The May issue of Esquire has an excellent article about Wal-Mart: "Viva Wal-Mart!" (subscription required). Here are a few excerpts:


The Bully Pulpit

In this week's issue of Parade magazine, there is a little blurb at the end of an article which reads:

Stop Bullying Now!

The U.S. Department of Health and Human Services recently launched a major anti-bullying campaign and a new Web site for anyone who wants to stop bullying. Visit http://stopbullyingnow.hrsa.gov to learn more


When in Doubt, The Answer is Opportunity Costs

One of my economics professors[1] frequently tells his students that when in doubt, always guess "opportunity costs." Chances are, you will get the correct answer, at least in economics courses. It's surprising how often the method works. Read more »


Video Game Theory

A few weeks ago, Nathan Danylczuk wrote an article, The Political Economy of Diablo II, in which he observed "that the world and community of Diablo II on battle.net is really the ultimate capitalist game and society; it is a right wing libertarian anarchist ideal in practice..."

This much I agree with (except the right-wing part), but Nathan goes on to conclude that


Interesting Juxtaposition

Consider the following two paragraphs found in the same post on Brian Leiter blog:


Protecting Economists From Competition

Although it has been sitting on my to-do list for over a year, I finally got around to reading Bryan Caplan's Why I Am Not an Austrian Economist. Here are a few observations. Read more »


Reviewing the Reviewers

Roger Ebert is my favorite movie reviewer. I don't always agree with him, and his left-liberal politics irk me, but his reviews make movies sound more interesting than they often are, and he always seems to recognize the little tidbits here and there that would otherwise go unnoticed by us unwashed masses. I often read his review before I see a movie to help me decide whether or not it is a movie worth watching, and I read his review after I see a movie to find out what I might have missed. Read more »


How Many Friedmans Does It Take To Screw In a Lightbulb?

Three: One to set out the proper methodology for lightbulb screwing, another to demonstrate, via reference to medieval Iceland, why government lightbulb installation is almost always less efficient than private lightbulb installation, and yet a third to write a book about how lightbulbs could be powered on a floating platform set to sea... Read more »


Parking Crimes

I ate lunch with Randy Barnett yesterday, following a speech Randy gave at Georgia State University law school to promote his new book, Restoring the Lost Constitution. When we arrived at the restaurant, I parked my car, and placed a few quarters in the parking meter. Read more »


The Labor Theory of Value

The College Libertarians at Georgia Tech will be meeting this evening at 6:00 p.m. in room 115 of the Instructional Center. I will be speaking about the Labor Theory of Value and its importance for Marx's critique of capitalism. All Catallarchy readers in the area are invited to attend. Read more »


Once More, With Feeling

I apologize in advance for beating a dead horse, but I would like to respond to a number of criticisms regarding my "benefits of wrongful conviction" argument. Read more »


Going Around In Circles

Nicholas Weininger already made the point I intended to make in response to this post by Kieran Healy, but it's worth repeating.

Where does Kieran get the idea that libertarians believe the solution to market failure is more markets? In response to any claims of market failure, libertarians tend to make one of the following three arguments:

  1. The minarchist argument: Yep, the market failed. Bring in the government to fix the problem.

The Solution to Monopolies? A Monopoly

Henry Farrell writes, in regard to Microsoft?s market dominance:

[T]he real costs of monopoly are much greater than the inefficient prices they maintain to extract rents. Monopolies are lazy. They have no reason to respond to their customers - where else, after all, can dissatisfied customers go? Without the threat of exit, monopolies face few incentives to improve their service.

John Kerry walks into a bar...

The bartender says, "Why the long face?"

Ba-dum-bum-ching.

Thanks, folks, I'll be here all night.