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Monthly Archives: April 2014

Information Is Not Free And Seldom “Perfect”

15 Tuesday Apr 2014

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Don Boudreaux, Imperfect Information

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Economists invoke “perfect information” as a condition underlying ideal market outcomes. That assumption is usually unrealistic, but imperfect information no more justifies government intervention than any other resource scarcity. The same can be said of most information asymmetries, though it may depend upon the reasons. The post at the link below is described as “wonky” by its author, Don Boudreaux. So here is: A Note on Economic Theorizing and “Imperfect” Information

Second Amendment as Ordinary Constitutional Law

13 Sunday Apr 2014

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Glenn Reynolds, Gun Control, Second Amendment

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That little dog is sure to increase the popularity of this post! Here’s the abstract and free download link to a Glenn Reynolds article in the Tennessee Law Review. He provides an interesting history of judicial interpretation of the second amendment and its now widespread interpretation as conferring an individual right of self-defense. One nice passage: “This indicates that individual citizens’ lives and autonomy are themselves, in some important aspects, beyond the power of the state to sacrifice. Does that have implications for other, unenumerated rights? It just might.” He also covers the racial underpinnings of some historical gun control initiatives. 

The Anthem, An Ayn Rand Musical

12 Saturday Apr 2014

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Ayn Rand, Musical Theatre

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Here’s a little news item about an Ayn Rand musical opening in May at the Lynn Redgrave Theater in New York. Singing and dancing their way out of dystopia. Hasn’t de Blasio banned this yet? I’m already planning my visit!

Looking For Tom Lehrer

12 Saturday Apr 2014

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Tom Lehrer

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Really enjoyed this article about Tom Lehrer. Apparently he’s still alive. Funny, fascinating individual. 

Pro-Business or Pro-Market?

10 Thursday Apr 2014

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Corporatism, Free Market, Jonah Goldberg, rent seeking

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There is a big difference. The GOP can’t have it both ways anymore. The Grand Old Party would be ever so much grander if they’d shutter the rents dispensary (well, and a few other roles they favor for big government). Dolling out favors to politically-connected business elites really douses my libertarian lamp. That includes bailouts and escapades into regulation that only business behemoths can withstand.

Demanding Cultural Change By Fiat

10 Thursday Apr 2014

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Gender Gap, Paycheck Fairness, Sexism

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Megan McArdle says Government Can’t Fix Real Gender Pay Gap, and she’s right. As usual, her discussion is thoughtful. She acknowledges that “almost all of the gap (in average wages by gender) is driven by choice of occupation, and working hours, with an emphasis on working hours.” Of those decisions and any remainder, she thinks, “you can make a strong case that at least some of these decisions are driven by residual cultural sexism… But I also have to ask: What specific thing are we supposed to enact to fix this?”

There are no good choices, and neither the Paycheck Fairness Act nor Obama’s executive order on equal pay by federal contractors will accomplish much besides grandstanding and encouraging frivolous lawsuits. McArdle concludes: “To the extent that it’s needed, the remaining work to be done on the pay gap has to be done in places where the government, or indeed any explicit policy, has difficulty going: inside families, or the subconscious recesses of our minds.”

Obamalunch Free For 100 Million!!!

09 Wednesday Apr 2014

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Landsburg, Obamacare

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Oh, yeah! Economic illiteracy in The New Yorker: “more than a hundred million people have received preventive-care services, like mammograms and flu shots, at no cost.” Steve Landsburg has some fun with this assertion at his blog,

The Talker of the Town

Global Yarning

08 Tuesday Apr 2014

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AGW, Climate Alarmism, Energy

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Two interesting opinions on aspects of the climate change debate on wsj.com today. The first covers the unmistakable change toward more guarded assertions on the science of climate change in the IPCC’s latest report: Second Climate Thoughts. Less alarmism is good, even if the responsible parts of the discussion were buried in the document after a lengthy summary containing juicy alarmist headlines. At least some honest inquiry has begun to influence the IPCC.

The second wsj piece discusses the bias against traditional energy sources holding sway at U.S. colleges and universities. It laments the failure of those institutions to direct students toward fields having anything to do with fossil fuels, despite the lucrative nature of careers in that area: How Climate Change Conquered the American Campus.

Privacy In Peril

08 Tuesday Apr 2014

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Privacy Laws

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New laws always deserve close scrutiny, but here are some excellent suggestions for legislation to protect privacy (and freedom) in the age of digital communications, from Glenn Reynolds in Popular Mechanics: 5 Privacy Laws I Would Put on the Books Right Now. 

Busted! Housing POWs From The War On Drugs

07 Monday Apr 2014

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War on Drugs

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The chart above was posted today at the Carpe Diem blog. This sort of public investment will not enhance productivity growth.

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Passive Income Kickstart

OnlyFinance.net

TLC Cholesterol

Nintil

To estimate, compare, distinguish, discuss, and trace to its principal sources everything

kendunning.net

The Future is Ours to Create

DCWhispers.com

Hoong-Wai in the UK

A Commonwealth immigrant's perspective on the UK's public arena.

Marginal REVOLUTION

Small Steps Toward A Much Better World

Stlouis

Watts Up With That?

The world's most viewed site on global warming and climate change

Aussie Nationalist Blog

Commentary from a Paleoconservative and Nationalist perspective

American Elephants

Defending Life, Liberty and the Pursuit of Happiness

The View from Alexandria

In advanced civilizations the period loosely called Alexandrian is usually associated with flexible morals, perfunctory religion, populist standards and cosmopolitan tastes, feminism, exotic cults, and the rapid turnover of high and low fads---in short, a falling away (which is all that decadence means) from the strictness of traditional rules, embodied in character and inforced from within. -- Jacques Barzun

The Gymnasium

A place for reason, politics, economics, and faith steeped in the classical liberal tradition

A Force for Good

How economics, morality, and markets combine

Notes On Liberty

Spontaneous thoughts on a humble creed

troymo

SUNDAY BLOG Stephanie Sievers

Escaping the everyday life with photographs from my travels

Miss Lou Acquiring Lore

Gallery of Life...

Your Well Wisher Program

Attempt to solve commonly known problems…

Objectivism In Depth

Exploring Ayn Rand's revolutionary philosophy.

RobotEnomics

(A)n (I)ntelligent Future

Orderstatistic

Economics, chess and anything else on my mind.

Paradigm Library

OODA Looping

Scattered Showers and Quicksand

Musings on science, investing, finance, economics, politics, and probably fly fishing.

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