Monthly Archives: September 2013

Archive of posts published in the specified Month

Reading 2013 09 29

Why Are Liberals So Rude http://www.nationalreview.com/article/354713/how-liberalism-makes-it-easier-sin-dennis-prager  

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Ignoring Economics of Health Care

From James Taranto’s Best of the Web in The Wall Street Journal, The Young and the Clueless; The trouble is that loss aversion also militates against buying insurance. Especially if you don’t make a lot of money–and many young people don’t–writing that…

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Obama’s Kryptonite

My criticisms of Obama Care have been long and many. Scott Grannis at Calafia Beach Pundit has an excellent post summarizing the hubris and damage of this horrendous bill.  Read The Obamacare Nightmare. Excerpts: For starters, it is inconceivable that…

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Turning Revolutionaries into Parasites

“Countries arrive at the stationary state, as Adam Smith argued, when their ‘laws and institutions’ degenerate to the point that elite rent-seeking dominates the economic and political process. I have tried to suggest that this is the case in important…

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Political Science of the IPCC

By Donna LaFramboise In The Wall Street Journal Warming Up for Another Climate-Change Report Every six years, a U.N. panel issues its findings, and the media hail them as definitive. Skepticism may be in order. Excerpt: When the IPCC issues…

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The Great Error of Keynesian Economists

“Or is all that just pie in the sky? Economists are usually pessimists. They believe in the intractability of existing conditions, whether the inflation of the 1970s or the deficits of today. But here again, a glance at history is…

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Three Legs of Democratic Capitalism

Michael Novak writes in The National Review, Democratic Capitalism  The prospering of free societies depends on certain moral and cultural practices. Sept 24, 2013 Excerpt: As a matter of principle, however, the Chinese leadership is betting on the possibility of sustaining…

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Capitalist Redemption

Michael Novak writes in The National Review, Democratic Capitalism  The prospering of free societies depends on certain moral and cultural practices. Sept 24, 2013 Excerpt: Meanwhile, two principles help to define the meaning of “democratic capitalism.” (1) The first is a…

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Very Little Forward Motion

From The Road to Oligarchy by Daniel Greenfield in Sultan Knish Excerpts: The oligarchy safeguards established interests. It is a mafia whose goal is to control and profit from all wealth. Even when it comes to power as the result of a revolution, it…

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An Unsigned Contract

“The concepts of legitimacy and consent are the foundation of the moralistic view of politics, which converts government from a machine for doing things into a directorate for telling us what to do. This happens on the presumption that there…

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Inequality has continued to grow under Obama

From My Budget360, Going for broke: The multiple lost decades of US household income. Is it possible to have a recovery while the standard of living collapses? Excerpts One of the problems with the mythology of the stock market is…

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For The Sake of Community

Harry Binswanger writes in Forbes, Give Back? Yes, It’s Time For The 99% To Give Back To The 1% Let’s begin by stripping away the collectivism. “The community” never gave anyone anything. The “community,” the “society,” the “nation” is just…

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Salvation of the Poor

“In the end, commerce is the salvation of the poor, not charity. Successful risk takers put Americans, immigrants, and offshore workers to work, not government handouts. Increases in government expenditures that threaten risk takers with higher taxes won’t put them…

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Trusting the Common Man

“Those today who dismiss Western democracy as ‘broken’ – and I hear their lamentations with growing frequency – are wrong to yearn for some kind of Beijing model of a one-party state in which decisions are taken by technocrats on…

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The Joy of Cooking

“Paradoxically, as technologies get smarter, the maneuvering space for interpretation—what Oakeshott thought would bring cooks in touch with the world of practices and traditions—begins to shrink and potentially disappear entirely. New, smarter technologies make it possible to finally position, as…

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Hillary – Part deux

On Hillary Clinton I have been compiling a list of the deceits perpetuated by Hillary.  This article lists some but there are many other to add to it.  They will be forthcoming.  

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The Illegitimate Truth

  “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government…

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Who Regulates the Regulators?

“As I have suggested, it was the most-regulated institutions in the financial system that were in fact the most disaster-prone: big banks on both sides of the Atlantic, not hedge funds. It is more than a little convenient for America’s…

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Centralized Failure

“Because we believe that the way to achieve optimal organizational performance is to allow individual employees to use their minds effectively, we operate with a highly decentralized organizational structure. One problem for the large banks that had regulator-driven risk-management systems…

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