I haven`t seen Michael Moore`s latest film, " Capitalism: A Love Story " - it premiered in New York last week, but who knows when it will make it to Tokyo? - but I`ve been reading some of his interviews and reviews of his film. While Moore is confused in identifying the existing U.S. statist...
I left the following comment at a recent Mises Blog post by Stephan Kinsella , but the number of links included apparently triggered the spam filter and held up the comment. According, I post it here, so I can re-comment with a cross-link here. Stephan, we have extensively discussed this matter previously...
This is my fourth follow-up post to " Grist and the tragedy of the panicked enviro ", where I try to clarify the institutional frameworks for understanding and addressing resource problems, in response to confusion in comments by others. Here is my most recent comment : Cyberfarer, thank you...
Surely there`s no reason for the Ameriican people as a whole to be bailing out the last residents of this lead and zinc mining Kansas-Oklahoma border town , but do the original mining firms really get to skip town so easily, leaving everyone else holding the bag? Isn`t that precisely what the state grant...
The March 6 Financial Times has a great piece by Willem Vuiter , professor at the LSE and former chief economist of the EBRD, that completely rips the Fed`s bailout of AIG`s credit default swap counterparties, as emblembatic of the epidemic of moral hazard that has rotted out our financial system. Vuiter...