"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Sunday, December 7, 2008

Ethnic Businesses Thriving Despite Recession

The always informative Joel Kotkin says many businesses that cater to Asian, Middle Eastern and Hispanic Americans are still expanding and explains why.

Many of our local leaders got together to read one of Richard Florida's books on why cities thrive. Kotkin has been Florida's most insightful critic, and they'd do better to read his work, instead.

Friday, December 5, 2008

Dog Saves Dog

Dog gets hit by car, and its companion braves traffic to pull it out of the road. Or maybe the second dog was just really hungry.

Wednesday, December 3, 2008

Why I'm Glad I'm Not Studying Economics at Berkeley

Two words: Brad DeLong.
On his blog, DeLong has long had a history of editing out comments that are critical of him, especially those that point out errors of fact. He recently linked to a Tyler Cowen post which voiced some mild approval for Ludwig von Mises' "Theory of Money and Credit."
DeLong then quoted a section of the book lauding the gold standards and then, well, he basically laughed.

Several posters then called him on the fact that he really didn't explain what was so wrong-headed about what Mises said, just relied on intellectual intimidation.

Some attempted to defend Mises' views. And yes, a few people called DeLong names. All those posts quickly went down DeLong's convenient memory hole.

Tuesday, December 2, 2008

One Cheer for FDR

Economist Russell Roberts points out something I never knew. Franklin Roosevelt opposed federal deposit insurance on eminently sensible grounds. His words are something for modern Democrats to ponder.

The Immigrant in My Basement

Economist Bryan Caplan explains

Monday, December 1, 2008

We May Be in a Recession

But ignorance is booming.

Where Are the Women?

Back in the 1990s, Objectivist philosopher David Kelley invited Nathaniel Branden to speak at a conference he'd organized. It was the first time Branden had spoken at to an Objectivist group since his split with Rand almost 30 years earlier.

His first question to Kelley on arriving at the conference was reportedly "Where are the women?" Branden said that in the 1950s and 1960s such meetings were typically filled with women, usually at least half the audience. But the 1990s meeting was 90 percent men.

What happened to the women?

Well, this article from New York magazine might explain a few things.

HT: Andrew Sullivan and Reason's Hit and Run.