Monthly Archives: March 2016

Archive of posts published in the specified Month

The Sovereigns of Cyberspace

From Joel Kotkin at newgeography.com AMERICA’S NEW OLIGARCHS—FWD.US AND SILICON VALLEY’S SHADY 1 PERCENTERS excerpts: Perversely, the small number of jobs—mostly clustered in Silicon Valley—created by tech companies has helped its moguls avoid public scrutiny. Google employs 50,000, Facebook 4,600, and…

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The True Cost of Capital

from Kevin Williamson at National Review, Capital Matters Like wicked old Samuel Ratchett on the Orient Express, Detroit had a dozen murderers. And an important one — important in that there is in it a lesson for us today —…

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The Authentic Rebel

From The Sultan Knish, The Traditionalist Rebel The traditionalist rebel does not believe that collectivist institutions can make us moral. He relies instead on individual institutions of character and honor, empathy and morality. He trusts people individually to do the right…

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Climate and Keynesian Economics

From Phillip Magness, The ‘Climate Science’ MONIAC Machine Economics has fortunately moved well beyond the days of the hydraulic MONIAC machine and its underlying assumptions about economic causality. We have since learned – sometimes the hard way – that the economy…

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Why Click Was Fired

From Real Clear Policy Who Fired Melissa Click? Free Markets by Thomas Lindsay Professor Click was fired by the UM Board of Curators last Thursday. But it wasn’t really the board that did her in. It was free markets — prospective…

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Suspending Reality

From The Wall Street Journal,  Trump Voters Need a Mirror by Holman Jenkins The blaming of elites has gone too far. The American voter has a big hand in his own disappointments. His retirement system has been a conspicuous demographic…

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The Dangers of Unfettered Democracy

from Kevin Williamson at National Review, In Praise of the Smoke-Filled Room The antidemocratic features of the American order are linked to the Founding Fathers’ belief that the fundamental rights of men come not from states — even representative states —…

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Exposing Bad Policy for the Meltdown

The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities– an interesting article from 2000 by Howard Husock that warned of the possible consequences of the CRA. (tips to Instapundit) Excerpt: If loans that win banks good CRA ratings were going…

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Sharp Decline in Historical Consciousness

From The Transformation of Economics by Richard Vedder in The Wall Street Journal: Economics as ideology in camouflage. Economists who achieve fame for genuine intellectual insights, like Paul Krugman, sometimes then morph into ideologues—predominantly although not exclusively on the left. The leftish domination…

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