March, 2011 // Posts published in March, 2011
Migration Of The Black Swans
By Giordano Bruno Neithercorp Press – 3/31/2011 The phrase “Black Swan” is really making the rounds these last few months. Uttering the term a year ago would have earned you a collection of confused looks and a general attitude of disinterest. Now, people behave as if they had learned about economic shockwave events and the ...
Applied Austrian Economics
In my own memory, Frank Shostak has called every short and long-term trend throughout all these turbulent years, not just globally but nationally as well. His archive on Mises.org is extensive and he remains one of our most popular writers. Over time I’ve learned to listen to his forecasts very carefully because they are based on his own money supply measure and his own indicators concerning the health of the capital stock. Added to that is a great intuition drawn from his studies of the Austrian School (he was a leading student of Ludwig Lachmann but his own attachment is... Continue Reading Related posts:
Rebels Running Libya?
This is from Washington Post cartoonist Tom Toles’ sketchbook. This would have been a great illustration to use for Obama’s speech on Monday. Too bad that historic address was out of date faster than a dead fish begins to rot.
Sound Vaguely Familiar, Ben?
Zipcar Inc., the car-sharing company, has not turned a profit since its founding in 2000. Its net loss climbed to $14.1 million in 2010, up from a $4.7 million loss in 2009. Yesterday it filed for an IPO in which it is offering 8.33 million shares for $14 to $16 each. It expects to use the proceeds to pay off debt, oh yeah, and for “business expansion.” Hmmm, a company with a history of 11 consecutive years of losses expecting to raise as much as $133 million from an IPO–when have we seen that before? Maybe Ben should put aside... Continue Reading Related posts:
From My Side of the Camera, That Was Pretty Amazing
Meeting #1 of my “Capitalism and Socialism” class is now in the books. I’ll admit that it was just a little bit weird talking to my webcam and seeing myself on screen took just a bit of getting used to, but I think the interface was excellent (and intuitive), Danny Sanchez did a great job running the technological show, and the students asked fantastic questions. Later in the course, we might have a discussion of “military socialism,” or socialization of the means of protection. Here’s the thing that blows me away. I was able, from my office in Memphis, to... Continue Reading Related posts:
Michael Scheuer vs. CNN’s War Cheerleaders
Former CIA Chief of the “bin Laden Unit” Michael Scheuer went on CNN this morning to explain the folly of US intervention in Libya and easily handled CNN’s war cheerleaders. Check it out:
CDC: “Superbug” Speads To 35 States; Kills Upwards Of 40% Of The People Who Come In Contact
This is possibly our biggest infection control dilemma yet. Although cases of this bacterial infection has been on the rise worldwide for the last 10 years, there is an alarming spread recently ...
Food Coloring Linked to ADHD? Ditch Those Gummy Bears
Eons behind the rest of the world, the US still seems blind to the health effects of artificial dyes in the majority of boxed foods. Food manufacturers and the Grocer’s Manufacturer’s Association, of ...
Doctors Warn About ‘Facebook Depression’ In Teens
In its advent, Facebook, the second highest ranked site on the web, seemed like a godsend. Baby boomers and teens alike can connect and make new friends, create and invite others to events, ...
Prostate Cancer Tests Don’t Help Older Men
The older a man becomes, the more likely he is to go through prostrate cancer screening, but the less likely it is to help him. Doctors often give routine screenings without thought, ...
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