China’s Ghost Cities and the Asian Real Estate Bubble
After meandering throughTom Woods’ blog I saw this 60 Minutes video he posted about the Chinese ghost cities. This isn’t like the North Korean city of Kijŏng-dong, which was built by Kim Il-Sung with no intention of every… Continue reading
It Turns Out that Government Has Been Fixing Health Care For a Long Time
I came across a fantastic article a while back by Roderick T. Long titled “How Government Solved the Health Care Crisis: Medical Insurance that Worked - Until Government “Fixed” It.”
As it begins:
Today, we are constantly being told,… Continue reading
Zeekler Follow Up: Why Zeekler Would Have Had to Be Almost as Profitable as Apple to Work
So I mentioned in my previous post on the Zeekler debacle that my dad calculated Zeekler would have had to have been as profitable as Apple to actually pay out its affiliates what they were owed. Well, he sent me… Continue reading
John Stossel Sums Up Corporate Welfare
It is, in one word: bad. Another great video from LibertyPen:
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Thoughts on the Zeekler Shutdown
It’s no secret that I am not a fan of government regulation in general and the SEC in particular. Indeed, I think what the SEC did to PokerStars amounted to nothing more than extortion.
But I would be dishonest… Continue reading
France Has A Lot of 49 Employee Companies
Back sometime ago I noted a publication by the U.S. Small Business Association which stated that annual cost of regulation in the United States was a whopping $1.75 trillion dollars!
Even to me that seems high, but this is… Continue reading
The NSA’s Ridiculous War on Whistleblowers
This is one of the most ridiculous and outrageous stories I’ve heard in a long time. Here The Daily Show’s intrepid investigative reports looks into former NSA analyst Thomas Drake. Drake reported that the NSA was wasting $4 billion on… Continue reading
How Economics Became the “Dismal Science”
If you’re an economics geek like myself (or even if just interests you a bit) you’ve probably heard it referred to as the ‘dismal science.’ I always figured it had something to do with the fact that economics lies in the… Continue reading
The Otherside of Corporate Personhood
Corporate personhood is a major enemy of the trendy left along with GMO foods and anything having to do with judging people who aren’t rich, white and male. Indeed, it was the main target of the leftist documentary The Corporation… Continue reading
The Temptation of Crony Capitalism
Unfortunate, but True
In a recent episode of 30 Rock, Alec Baldwin sells a bunch of incredibly horrible couches that are unbearable to sit in to the U.S. government because he needed to find “a buyer that has too… Continue reading
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