Displaying posts published in

May 2011

Activists Arrested For Dancing

They plan to dance again next weekend to protest against the dangerous oppression of our freedom of expression. Gandhi would be proud.

Federal Reserve helps banks gain from crises

While the rest of us were struggling to stay afloat back in 2008, many having done nothing wrong to be in such a position, many banks were getting very sweetheart deals from the Federal Reserve, and still are. While we all are having to pay between 15% to 30% in interest, the bankers are paying [...]

Note to Republicans

By: Arthur Thomas Remember the “Contract with America” which was the GOP document of promises back in 1994? After almost two decades of chances to change things, the United States is still having the problems it always has. Only now we have the ‘Pledge to America’, which is the Republican’s newer set of promises based [...]

The Reckless Dismissal of Ideas

Today I would like to take some time to talk about the reckless dismissal of ideas. There has been many times where a person has had a good idea, but it was dismissed not because of any failings the idea might have, but simply because of who the idea originated from. This is very common [...]

The Myth of Natural Monopoly

Most so-called public utilities have been granted governmental franchise monopolies because they are thought to be “natural monopolies.” Put simply, a natural monopoly is said to occur when production technology, such as relatively high fixed costs, causes long-run average total costs to decline as output expands. In such industries, the theory goes, a single producer [...]

How it affects you, when the government creates a monopoly

Economist Robert Murphy recently put out an article discussing New York City’s requirement that all Taxi’s become uniform in that they all must be a Nissan mini-van by 2013, no other types will be allowed. He also goes into the issue of an artificial shortage of cab drivers through licensing restrictions, most costing no less [...]