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Bunny Broilers

Residents in Stockholm are divided over reports that rabbits are being used to make biofuel. The bodies of thousands of rabbits are fuelling a heating plant in central Sweden, local newspapers say....

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Buffalo Boys

Microsoft founder and philanthropist Bill Gates has been awarded the Silver Buffalo, the highest Boy Scout honour in the US, for his services to youth. The accolade is for Mr Gates’ work both at...

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Crafty ways of making money

In her 2006 book Thrift to Fantasy: Home textile crafts of the 1930s-1950s, Rosemary McLeod traces the history of home-based handwork in New Zealand. With beautifully detailed photography, she shows...

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Creative Destruction

The government will provide more money to help unemployed people who want to set up their own companies, David Cameron has announced. The prime minister said New Enterprise Allowance projects,...

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flybe4Udie

Passengers have told of their fear after realising the plane they were travelling in had lost a wheel. The Flybe Bombardier Q400 took off from Exeter International Airport bound for Newcastle at 1225...

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Georgian police arrest World’s Oldest Hacker

An elderly woman in Georgia is facing a prison sentence after reportedly causing internet services in neighbouring Armenia to crash. The country found itself offline for hours on 28 March after cables...

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About Austrian economics

I find Steve Horwitz, along with George Selgin (prominent advocate of free banking and supporter of a productivity norm [pdf] for monetary policy), the most accessible of contemporary Austrian school...

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Power Dressing

SAN FRANCISCO _ Dressed in his trademark hoodie and jeans, Facebook Inc. co-founder Mark Zuckerberg kicked off a cross-country road show to pitch his company’s initial public stock offering. Hundreds...

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Common law and statute

So if one asks a student or a teacher of the law of obligations, “Which do you prefer, statutes or cases?”, the answer will almost invariably come back, “Cases, of course.” Cases have immediate human...

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Response to Dr Horwitz’s thoughts

Dr Horwitz’s thoughtful and generous response to my original post is useful in clarifying what a serious Austrian school economist thinks and correcting some of my misapprehensions. It seems to have...

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What if ‘net-neutrality’ was a really bad idea? Guest post by Brian Hanley

[SL: Despite long-term engagement with technology, I remain something of a tech sceptic. I'm not the only lawyer who's noticed that modern computer software often impedes the completion of important,...

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The solution to the problem of outcasting is not more outcasting

So, the new (since March) CEO of Mozilla, Brendan Eich made a $1000 private donation in 2008 to the Proposition 8 cause. So, he is–or at least was in 2008–against equal protection of the law for (some)...

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Banking privilege as social bargaining: a nice case study

Have been reading Fragile by Design: The Political Origins of Banking Crises and Scarce Credit by Charles Calomiris and Stephen Haber. It is an excellent, and highly readable, history of banking:...

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Arsonists in charge of the fire brigade

A favourite economic justification for state action is to deal with externalities–the effects on people of some action or transaction that they were not willingly a party to.  The problem with this is...

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Migration, history and countries as club goods

This is based on comments I made here and here. Thin conceptions There is a line of argument which holds that if free trade in goods and services is good for economies, if free trade in capital is good...

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The Rotten Heart of Europe

Bernard Connolly‘s The Rotten Heart of Europe: Dirty War for Money is a jeremiad against European monetary union first published in 1995. Its publication led to the author’s sacking from the European...

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The rhetorical appeal of The Donald

The Donald is a demagogue and central to demagoguery is wish fulfilment politics. Demagoguery is not about believing in things, but in saying whatever the audience wants to hear. (The real trick is...

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Stop with the projecting

If you assume some factor is behind everything, it is very easy to find it everywhere you look–you just project it onto phenomena. Marxists assumed everything was driven by class dynamics and–surprise,...

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How the rhetoric of denunciation distorts public affairs

During a post on how the US Democrats need to get their act together for the good of the United States, IT guru and long-time blogger Eric. S. Raymond makes the following observation about constant...

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Islam as philosophical dead end

Classical (622 to c.940) and early medieval Islam was a civilisation and period with a rich philosophical tradition. Yet Islam became a philosophical dead end, an example of how societies, indeed, an...

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