"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" May 2010 - Posts - TT's Lost in Tokyo

May 2010 - Posts

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Does it make any sense to treat corporations as "persons", given the differences in incentives structures? by TokyoTom

Well, one may well argue that, if BP were a person, it would be "a career criminal" , but surely not all corporations behave in a criminal matter. Nevertheless, I think we all recognize that although corporations are owned, managed and staffed...
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Important call for ethical leadership in civil society at American Conservative; is LvMI up to the challenge? by TokyoTom

Daniel McCarthy, senior editor of The American Conservative, posted a thoughtful essay the June 1 issue, Better Red . Here are a few excerpts (emphasis added); skip to the last paragraph if you're in a rush: Everyone’s worst fears for America...
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Sociopaths-R-Us? Here's someone's interesting thought experiment: "What If BP Were A Human Being?" by TokyoTom

Further to my preceding BP posts regarding the gaps between (i) Austrian insistence that we focus on individual rights and plan formation and (ii) the penchant of some (many!) libertarians to support corporations while bashing citizens groups which are...
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James Galbraith castigates a "disgraced profession [that] failed miserably to understand the forces behind the financial crisis." by TokyoTom

I thought I would bring to readers' attention this concession/semi-confession by James K. Galbraith in testimony to the US Senate Judiciary Committee earlier this month . Galbraith's testimony is interesting and useful, but nevertheless shallow...
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Corporations uber Alles: Conveniently inconsistent on "abstractions" like "the environment", Austrians overlook their preference for "corporations" over individuals,& their lack of interest in problem-solving by TokyoTom

I have already criticized Lew Rockwell's May 5, 2010 piece, "Feel Sorry for BP?" ; and commented on a response that I received from Stephan Kinsella ; I'd like here to focus on a curious inconsistency. 1. I note that Lew Rockwell asserted...
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Sheldon Richman doesn't feel sorry for BP, either by TokyoTom

As a follow-up to Lew Rockwell 's Feel Sorry for BP? and my two sets of comments on it ( Risk-shifting, BP and those nasty enviros , and Poor statists! If we close our eyes tightly enough, we can see clearly that Corporations are innocent VICTIMS...
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More PR-novice scientists bring BB guns to the war over climate policy; fossil-fuel interests and "skeptics" tremble by TokyoTom

[Update: added a link to Roger Pielke, Jr. at the end.] My pal Stephan Kinsella has pestered me about the recent letter in Science by a bunch of the world's leading scientists , so I suppose I ought to mention it. (I won't make another "...
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Geoengineering: Bill Gates keeps investing his personal fortune on ways to offset man's impact on climate - this time on artificial clouds to increase albedo; libertarians cheer? by TokyoTom

Bill Gates - who clearly must have a screw loose (because all of us smarter people are absolutely sure that puny man can't possibly affect climate, unless we're trying intentionally, of course) - continues to invest in geoengineering projects...
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Poor statists! If we close our eyes tightly enough, we can see clearly that Corporations are innocent VICTIMS, of governments that foist on them meaningless grants like limited liability & IP, and of malevolent, grasping citizens by TokyoTom

I pulled out my peashooter the other day and levelled a few criticisms (" Risk-shifting, BP and those nasty enviros ") at Lew Rockwell 's Feel Sorry for BP? . I don't imagine that Lew noticed, but my buddy Stephan Kinsella did . I have...
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Risk-shifting, BP and those nasty enviros; or, why does Lew Rockwell feel sorry for BP? by TokyoTom

[I that note my subsequent BP posts can be found here ] I refer to Lew Rockwell 's May 5, 2010 piece, "Feel Sorry for BP?" http://mises.org/daily/4331 Lew, I largely agree with your criticism of government but some of your piece is simply...