Production Theory

Displaying 21 - 30 of 619

Mozilla: Meet Sarbanes-Oxley (and Henry Blodget)

Financial MarketsProduction Theory

Blog01/07/2008

The insufferable Henry Blodget, the disgraced securities analyst who is barred from working in the securities industry (he met up with Eliot Spitzer), is back to his usual chatter....

Read More

Christmas and Consumption

Production TheoryValue and Exchange

Blog12/25/2007

Christmas is a make-or-break time for many retailers, and the holiday season's importance to the American economy is so great that "Black Friday" sales at some retailers, particularly Wal-Mart, are reported as a macroeconomic indicator. The holiday season is indeed festive and inspiring even in...

Read More

Ethanol: Government vs. the Environment

The EnvironmentInterventionismProduction Theory

Blog12/18/2007

This article from MSNBC shows how government-sponsored ethanol may seriously harm the environment, as fertilizer from the increased corn production makes its way to the Gulf of Mexico and kills sea life. So not only does ethanol hit taxpayers...

Read More

News Flash! "Inventors" Oppose Patent Reform!

InterventionismProduction Theory

Blog12/10/2007

From a patent lawyer list I'm on, I received a solicitation to sign a letter opposing patent reform. The letter is to be sent to Senators Reid and McConnell. My response to the letter is below (only contains excerpts from...

Read More

China, India like US Patent Reform

InterventionismProduction Theory

Blog12/10/2007

The pending reform of US patent law that has "inventors" and the IP bar all upset (even though it only makes modest changes to the law) is welcome by India and China, at least. See, e.g., this Indian...

Read More

Gold and Mining Costs

Production TheoryValue and Exchange

Blog12/08/2007

Gold fund manager John Embry writes in Investors Digest of Canada, Gold Gleams as Influence of Central Bankers Wanes. Embry cites another analyst, Leonard Kaplan, who asks, why should gold cost $700...

Read More

High School Senior's Questions about IP

Philosophy and MethodologyPrivate PropertyProduction TheoryValue and Exchange

Blog12/07/2007

I received an impressive inquiry from a high school senior: “I am contacting you to ask if I can interview you for my senior project paper, which is a persuasive paper about why copyrights are invalid and impractical. I will have between 5-10 questions regarding intellectual property for you to...

Read More

The Liberty Dollar Question

Money and BanksMoney and BankingProduction Theory

Blog11/19/2007

Every libertarian should support full freedom in money production and use, and a great step toward sound money would be to scrap all laws against alternative currencies. I find it interesting how insistent the government is that we use its currency and no other: what is it that these people fear...

Read More

Word for the day: fungible

Money and BankingProduction Theory

Blog10/18/2007

Fungible means interchangeable. The word comes into play when (inter alia) earmarked funds end up in a general account. These funds are then free to be used for purposes other than intended. Example: You would like to go on a vacation but you have unpaid car repair bills. A wealthy uncle hears...

Read More

If the airline industry was socialized, would you still fly?

Philosophy and MethodologyProduction Theory

Blog10/17/2007

Not that it is the epitome of free-markets in action, however it arguably still retains some semblance of competition as the firms must satisfy the wants of each consumer in order to stay in business (bailouts notwithstanding). And believe it or not, but...

Read More
Shield icon library