Blogs

Avoiding The Argument From History and Normality

Often times in political debates, market anarchists may find themselves pressured to produce historical examples of stateless market-based societies. Typically, the market anarchist responds to this by refering to particular periods of medieval iceland...

Posted to Brainpolice by Brainpolice on Thu, Oct 9 2008

Filed under: Anarchism, Libertarianism, History, Primitivism

Rot at the Core: Dan Ariely on financial crisis & psycho-social aspects of cheating

I just ran across an interesting speech and related commentary provided last month at TED by behavioral economist Dan Ariely , professor at MIT and author of Predictably Irrational . Both the speech and the commentary are worth a look. Ariely's speech...

Posted to TT's Lost in Tokyo by TokyoTom on Fri, Apr 3 2009

Filed under: limited liability, moral hazard, Madoff, behavior, Ariely, TED

A View from the Trenches, March 18th, 2012: "On gold, stocks, financial repression and the KreditAnstalt of 1931"

Please, click here to read this article in pdf format: March 18 2012 We are back from Washington DC and realize that we could choose different titles for today’s letter. Let’s try a few… Title No.1: “The market proved us wrong”...

Posted to A View from the Trenches by Martin Sibileau on Sun, Mar 18 2012

Filed under: Atlantic, KreditAnstalt, correlation, stocks, central banks, Greece, gold, Fed, financial repression, swaps, price system, 1931, ECB, Hayek, currency swaps

Paul Joskow: What electric power regulatory reforms are need? A Federal Power Act of 2009

Further to my previous posts , excerpted below are the recommendations that Paul Joskow (energy expert, MIT economist and current president of the Alfred P Sloan Foundationn) recently made in a speech at the National Press Club : What is to be done? We...

Posted to TT's Lost in Tokyo by TokyoTom on Sun, Feb 8 2009

Filed under: climate change, power, deregulation, Kiesling, Joskow

Lomborg's brilliant climate plan: leave GHG externalities alone and let governments spend 0.05% of GDP on picking winning low-carb technologies!

The folly practically speaks for itself . Why does Bjorn Lomborg think that governments can better determine worthy investments than private firms? And that such investments should be borne by ordinary taxpayers rather than those who are generating the...

Posted to TT's Lost in Tokyo by TokyoTom on Sun, Jun 29 2008

Filed under: hansen, AGW, carbon pricing, lomborg, climate change, pork, Boudreaux, British Columbia

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

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...

Posted to TT's Lost in Tokyo by TokyoTom on Tue, May 18 2010

"Legal" Immigration

This is the continuation, or expansion, of this small item , that I posted earlier on this 'blog. In that post, I asked what benefit is provided by the legal immigration process to those of us already living in the good old US of A. I'd like to...

Posted to Ronorama by Ronorama on Fri, Dec 28 2007

Who's at the short end of the stick when Government "Play[s] Fast and Loose with Civilization" in the Gulf of Mexico?

Another BP post ! I have just stumbled across by Jeffrey Tucker's May 27, 2010 post on the Mises Economics Blog regarding the Obama administration’s decision, in response to the BP mess in the Gulf, to suspend consideration of applications to...

Posted to TT's Lost in Tokyo by TokyoTom on Tue, Jun 8 2010

Paul Krugman: "The only way we’re going to get action ... is if those who stand in the way of action come to be perceived as not just wrong but immoral."

Paul Krugman reaches the above conclusion in his August 1 New York Time op-ed , which asks "Can This Planet Be Saved?" , while discussing the latest work by economists on the cost-benefit analsys of taking action to mitigate potential climate...

Posted to TT's Lost in Tokyo by TokyoTom on Fri, Aug 1 2008

Filed under: climate, AGW, carbon pricing, fossil fuels, Weitzman, Krugman

Did Ben Bernanke really just say that?

While addressing the House Financial Services Committee recently Federal Reserve Board Chairman Ben Bernanke said something quite astonishing. Responding to an absolute drilling from Representative Ron Paul, Bernanke claimed that the devaluation of the...

Posted to dget by dget on Fri, Nov 9 2007

Filed under: Ron Paul, Federal Reserve, Inflationary Policy, Indirect Tax, Ben Bernanke

El rescate de Grecia y el fin del euro

Por Philipp Bagus. (Publicado el 11 de febrero de 2010) Traducido del inglés. El artículo original se encuentra aquí: http://mises.org/daily/4091 . El euro ha venido cayendo frente al dólar de EEUU durante semanas. Han aparecido...

Posted to Mises Daily en español by euribe on Thu, Feb 11 2010

Filed under: crisis, Grecia, euro, Philipp Bagus

A View from the Trenches, March 5th, 2012: "Another lesson in the law of unintended consequences"

Please, click here to read this article in pdf format: March 5 2012 Let’s start by confirming that we remain long-term bullish of gold, near-term neutral of stocks (and long-term bearish of stocks), bullish of corporate credit risk, neutral of sovereign...

Posted to A View from the Trenches by Martin Sibileau on Mon, Mar 5 2012

Thanks, Dr. Reisman; or, How I Learned to Hate Enviros and Love Tantrums

In my recent post, " Escape from Reason: are Austrians conservatives, or neocons, on the environment? ", I noted two recent posts by George Reisman and Sean Corrigan and wondered whether a significant number of LvMI blog authors and commenters...

Posted to TT's Lost in Tokyo by TokyoTom on Sat, Feb 23 2008

Filed under: climate, Reisman, mises, enviros, Corrigan, Enviro Derangement Syndrome

[Update] Mind Games/Luboš Motl: how an absence of functioning markets means that I'm right, but you're a delusional, neurotic "zealot"

[Update below] My last piece (on Bret Stephen 's straight-faced but ridiculous dismissal in the WSJ of all concerns about climate change as a "sick-souled religion" and a "nonfalsifiable hypothesis, logically indistinguishable from...

Posted to TT's Lost in Tokyo by TokyoTom on Sun, Jul 6 2008

Filed under: markets, AGW, carbon pricing, climate change, Bret Stephens, preferences, Lubos Motl

Who wants to trouble with "moral scrupulosity", when we can pretend that the state-created capitalism we're cheering on isn't profoundly corrupt?

I tried to leave a few thoughts with Jefrey Tucker in response to his June 2 post, Scrupulosity and the Condemnation of Every Existing Business , but it looks like my immoderate use of links has landed me in moderation, again. So, here are my comments...

Posted to TT's Lost in Tokyo by TokyoTom on Fri, Jun 3 2011