Economics

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The BP Coffee Spill Video: Why it’s Not Funny

Wednesday, June 16th, 2010

I didn’t find the video funny in the first place, so I guess I’m off the hook on this one. But The Crucible explains why the Internet video parodying BP attempts to plug the oil leak isn’t funny for those who might have chuckled after their first viewing. Essentially, The Crucible points out that the [...]

On Oil Spills and the Risks of Modern Civilization

Sunday, May 30th, 2010

I think there’s some truth to the argument made in this US News & World Report article. Basically, so it goes, Americans (and, probably, all of Western civilization) are too far removed from the dirty stuff to understand just what it takes to fix the oil leak in the Gulf of Mexico. To that I’d [...]

Jeremiah Wright – Obama’s Spiritual Father Speaks

Monday, November 2nd, 2009

It’s been awhile since this blog has been updated. That’s not been on purpose, and the story behind the delay might be interesting to some (it’s a story about the housing and financial crisis, on a very micro scale), but it’s not been decided whether it’s actually worth a post. What is worth it, though, [...]

Obama Succeeds in Destroying Property Rights

Saturday, May 9th, 2009

This is tragic, and frightening: Chrysler Lenders Give Into Restructuring: A scrappy group of dissident lenders that challenged President Obama’s restructuring of Chrysler LLC fell apart Friday in a development that signals a major political victory for the White House and likely paves the way for a rapid exit from bankruptcy for the beleaguered automaker. [...]

Health Insurance Organization Sells Out Membership to Obama Administration

Wednesday, May 6th, 2009

I can’t imagine a worse quote as this: Health Insurers Try to Scuttle Obama Plan: In an effort to scuttle a major part of President Obama’s plan to reform the nation’s health-care system, private health insurers are taking the unusual step of asking Congress to increase regulation of their industry. “We are not asking people [...]

The True Nature of Socialism

Thursday, April 30th, 2009

My wife grew up in the Soviet Union, and this is precisely how she describes it: The Choice Between Capitalism and Socialism. Take note of the part in bold type: A few days ago, I happened to meet a doctor in our area who has an unusual background. He emigrated to America from Russia, and [...]

Objectivism in Practice

Thursday, April 30th, 2009

A very nice piece on John Allison and BB&T, in the National Review, of all places: Objectivist Philosophy for Fun and Profit: John Allison isn’t your typical bank executive. For one thing, when he retired at the end of last year as CEO of BB&T — a North Carolina–based bank with more than 1,500 branches [...]

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