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Quote of the Century

The twentieth century was one in which limits on state power were removed in order to let the intellectuals run with the ball, and they screwed everything up and turned the century into an abattoir?We Americans are the only ones who didn't get creamed at some point during all of this. We are free and prosperous because we have inherited political and value systems fabricated by a particular set of eighteenth-century intellectuals who happened to get it right. But we have lost touch with those intellectuals.


Spaceship One problems

From Aviation Week (no link due to the expensive subscription required):

Scaled Composites is planning changes for its SpaceShipOne rocketglider, following a pitchup incident in flight test that showed thecurrent configuration is not safe for the planned flight to 100 km.altitude.[...]The results were reported by the company three days later at the Society of Experimental Test Pilots' 47th Symposium held in Los Angeles.


A New Governor

Looks like California is getting a new governor. Gray Davis called Arnie to congratulate him and has graciously accepted defeat. Will things improve? Doubtful. The governor still has to deal with the General Assembly which can be nearly impossible, he has to deal with the hard realities of funding all the idiots feeding at the public trough, and he has to deal with fickle voters. Read more »


The gay marriage debate

This week is Georgia Tech Coming Out Week. In honor of this event, and in my role as chairman of the College Libertarians at Georgia Tech, I participated in a debate this morning on "The Future of Gay Marriage" and the impact of Lawrence v. Texas. Other groups participating were the College Republicans and the College Democrats. Read more »


The bling-bling lobby

Another post on campaign finance reform? Or has Eminem finally bribed Joe Lieberman, John McCain, Lynn Cheney, and other Capitol Hill busybodies to STFU about rap music poisoning our children's innocent little ears? Read more »


Krugman redeems himself

Paul Krugman is the man the conservative/libertarian side of the blogosphere loves to hate, but occasionally, he writes an article like today's "Lumps of Labor" and all must be forgiven. Read more »


Open Source Doomed?!?

Megan McArdle over at Tech Central Station thinks Open Source software may be doomed. Megan's thesis is primarily based on the current SCO v. IBM litigation, but she admits to and weaves into her argument a lack of understanding on how open source software can become popular and displace traditional software in the market. Read more »


Cowboy up!

redsoxas.jpg

Bring on the Yankees.


Kling on stock-based compensation

Arnold Kling has responded to my wanting to hear an argument in favor of expensing options on his blog. I appreciate his post which gave me a lot to think about. I was planning to respond last week to his post, but due to the technical difficulties we encountered, I did not have a chance to do so.

Arnold gives a reason why employers might use stock-based compensation. Read more »