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Archive for October 30th, 2012

The “Green” Election Market Proxy »

With just a week to go, election predictors puzzling over the too-close-to-call polls, have a choice of numerous proxy market predictors, among them the 7-11 Cup Poll, Intrade, and the Iowa Electronic Markets. And now: the Chia president. As reported in the San Francisco Business Times: Chia Obama was trouncing Chia Romney 69.6 percent...
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Anti-Gouging Laws Prevent Prices from Sending the Right Signals »

Governor Chris Christie of New Jersey, a Republican, and New York Attorney General Eric Schneiderman, a Democrat, have warned sellers against “price gouging” in the wake of Hurricane Sandy. Their words and policies are supposed to help people during a catastrophe, but the opposite is true. As columnist Matthew Yglesias explains in Slate, stopping...
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Obama and Civil Liberties: The Prospect of Four More Years »

Most voters prioritize the economy and far behind that comes foreign policy, where both major presidential candidates offer more of the same. One can make arguments that on these important issues, one side is worse than the other. But another important set of issues, those of civil liberties, has gotten much less attention than...
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Once More, with Feeling: Our System Is Not Socialism, but Participatory Fascism »

I continue to encounter many discussions in which the author or speaker bemoans the economic order’s drift toward socialism or, in some cases, its actual existence as such. If this characterization were simply a matter of linguistic imprecision, it might not matter much. But it is much more than a matter of terminology, because...
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