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Liability, shmiability: the sequel

In a previous post, I inquired into the arguments for and against limited liability laws. One of the things that bothered me about the criticisms of these laws was the claim that stockholders should be held liable for the misdeeds of the company. Unless the potential gains on these stocks were extremely high, I don't think many investors would want to risk losing assets above and beyond that which they already designated for investing purposes. Read more »


Cats and dogs sleeping together

Sasha Volokh reflects on some of the similarities between libertarians and Communists:

But while one can quarrel with many of their factual assertions, I think that on their own grounds, they're trying to work for what they see as a better world. One can further say that they favor a better America, though they don't express this in nationalist terms, since they're internationalists, as am I.

I'll roshambo you for it!

While we're on the subject of Paper Scissors Rock, here's a nifty little Artificial Intelligence algorithm called the "Roshambot."

Be careful, though. Don't get circled.


Good old Rock. Nothin' beats that!

For those of you who missed the All Japan Ninja Championships (and you know who you are), I sadly inform you that you may have also missed the 2003 World Rock Paper Scissors Championship. Read more »


Putting vouchers to the test

J.H. Huebert points to this story as an example of the predicted conflict between publicly-funded vouchers and private freedom of association. A private Christian high school in Florida expelled a student after he admitted he was gay and refused to undergo counseling to change his sexual orientation.


Circular arguments redux

My co-blogger Jonathan Wilde brings to my attention this article by John T. Kennedy of No Treason!, in which the author tries to use a contractual argument to justify intellectual property rights. But as I mentioned previously in a post here on Catallarchy.net, this argument is necessarily circular. To wit:


Pledging Allegiance to Liberty

Gene Healy of Cato and blogging fame makes a powerful argument against conservative devotion to statist rituals:

It's probably too much to ask politicians to reflect a little before they lunge for a political hot-button issue. But any conservatives so inclined should think about what they're defending. What's so conservative about the Pledge?

So you want to be a Ninja, eh?

Top assassins walk on water in All Japan Ninja Championships

Some of the practitioners of Japan's darkest traditional arts have just battled it out to determine the country's champion ninja, according to Shukan Shincho (10/23).

Battling it out in such events as Walking on Water, Moat Wall Climbing, Moat Wall Diving, Water Spider River Crossings and Star Throwing, combatants took part in the All Japan Ninja Championships.


How do ya like them <a href="http://timesofindia.indiatimes.com/cms.dll/html/uncomp/articleshow?msid=248503">Apples</a>?

WASHINGTON: A team of university computer jockeys led by an Indian engineer has stunned the computing industry by jigging up one of the world's fastest supercomputers in record time and at record low cost using off-the-shelf components.

It took Srinidhi Varadarajan and his crew at Virginia Tech only a month and $5 million to configure a supercomputer from 1,100 Apple Macintosh machines. Typically, the fastest machines cost upward of $ 10 million ? and up to $250 million ? and they take months, even years, to build.


Whaddya want? A cookie?

Yesterday, as I was walking to class, I came across the now infamous Affirmative Action Bake Sale, sponsored by the Georgia Tech College Republicans. Cookies were sold at prices ranging from 25 cents to $1, depending on the customer's race, ethnicity, and gender. Read more »


Suicidal Contradictions

Dahlia Lithwick, writing in Slate, argues that it is inconsistent for the law to prohibit assisted suicide while at the same time allowing mentally ill defendants to represent themselves in court.


Wishful thinking? Unintended Irony? You decide!

While doing some online research for a short paper on Ronald Coase due today in my History of Econ class, I came across this nugget of humor from the leftish-leaning New School for Social Research:

  • Coase Quotes at School for Collective Individualism

  • The Medicalization of Sin

    Marilyn vos Savant, who holds the world record for "highest recorded IQ," answers a reader's question in her "Ask Marilyn" column in this week's issue of Parade Magazine,

    Why do you doubt the idea that certain people are genetically prone to alcoholism?

    - J.T., New York, N.Y.


    Depraved Indifference and Animal Cruelty

    Chris Bertram has made two excellent and seemingly unrelated posts on Crooked Timber over the past few days. Allow me to connect the two.

    In "Responsibility, crime and terrorism," Chris states the following: