Archive for April, 2012

The Institutional Answer To Bleeding Heart Libertarianism
From Econlib RE: "they insist that social justice ought to be part of libertarianism but are unwilling to tell us what it means." Thats right. They have no program, no argument, no artifice. Only a sentiment. This is why they'll fail. But liber…
Is Facebook Making A Strategic Error, Or Is Their Current Problem Just A Matter Of Timing?
1) Yes, FB is trying to pump its share price via advertising in anticipation of the IPO. We should expect advertising higher costs as the public awareness of FB's income limitations increases. 2) Even if FB produces only 1B a quarter in revenue or only…
Answers To John Fensel’s “Ten Questions For Conservatives”
I loosely follow Mitchell Powel on FontWords.com. In a recent posting he commented on John Fensel's ten Questions For Conservatives. He was having a bit of fun with it, and I"m trying to avoid finishing my chapter on Ideology, so I had a go at it. De…
The Meaning of “Utility” In The Context Of Philosophical Inquiry
I keep running into questions over the meaning of 'utility'. It means only that all actions are in the pursuit of ends. The end might be just the emotional reward that comes from an experience like learning, or a flavor, or the elegance of a composition, …
We Need A Very Different Government
While we use it as such, Government is not a synonym for a bureaucracy that wields law with which it coerces others by the threat of violence. It is not government itself that people disagree with. It is government whose actions they disagree with. And th…
Pew Research: Republicans are More Informed And Open Minded Than Democrats
(From Pew Research.) If Republicans skew male, and Democrats skew female, and men accumulate more economic and political knowledge than women, and women have fewer and less diverse friends than men, then isn't the fact that Republicans are better infor…
Why Does The Left Alliance Of Economists Fail? (Krugman, DeLong, Yglasias, Thoma, Smith)
Why does wall street resist QE for example? Wall Street staff are in the business of planning and policy interferes with their plans, both by uncertainty and by impact. Like any specialization with a defined methodology and therefore a limited scope…
The Village Voice Calls Me A Conservative (Right) And A Racist (Wrong).
I supposed I should know better, but the Village voice is attacking me, and every other 'right wing blogger' for defending John Derbyshire. Curt Doolittle  ... allowed as how "racism is just plain stupidity." Nonetheless he explained that "African Ameri…
Mises On Determinism: An Agnostic.
His argument is that the human mind must determine action or the human creature cannot survive as an acting animal, And the human mind therefore is incapable of seeing the universe as anything other than a sequence of causes. It is a criticism of the ten…
The Four Academic Political Parties Of The Economic Apocalypse
The Four Academic Parties Of The Economic Apocalypse The 1) Keynesian Spenders, 2) Chicago Monetarists, 3) Classical Liberal Industrial Policy Advocates and 4) Austrian Human Capital Advocates, will not put aside ideological differences and work together…