"Economics Teaches Us Humility"

Humility is a virtue the State abhors.

The Market Works

Before I was out of short pants, some British Socialist blowhard triumphantly announced that henceforth, health care would be provided to everyone, free of charge, as of right.
Half a century later, this news item reports the truth - thanks to Elmo Zoneball for letting me know. The cost isn't measured any more in pounds or dollars, but in delay time. This lady died waiting. It so happens her job, while living, was to administer the health care service.
I noticed a detail: she had a major operation, then stayed resident for months in hospital awaiting follow-up surgery, which was postponed four times - one too many. So there was plenty of bed space, but too few surgery resources. Space being readily remodelable, I presume it was the surgeons who were in short supply. What? You mean potential surgeons don't like working in such a system? - say it ain't so!

Votes Sell for about $5 in Afghanistan as Presidential Race Begins

The Afghani system is being decried, but it's much more honest than the one here.

Authoritarianism Western Style

I like watching old westerns on Youtube like Have Gun Will Travel episodes, Rawhide, Wagon Train, Death Valley Days, et al and recently I’ve been on running through Gunsmoke.  I spent much of my youth with my grandfather who liked to watch them and I have fond memories of watching with him.  I loved HGWT the best, because it shows people handling their differences privately without “the law” using natural law, negotiation, reason and a hired facilitator.  Gunsmoke is the exact opposite, every conflict must be settled by “The Law” or, as the story goes, we’d all kill each other.  This episode in Season 6 “Love Thy Neighbor” is a classic representation of the underlying propaganda that runs through most episodes with authoritarian “justice” being the precursor to civil society. 
With many of the 1950s and 1960s western icons (Jack Elam, Warren Oates, Dean Stanton, et al) guest-starring in this episode, these poor, ignorant characters could have all been saved if only they had let Marshall Dillon take care of them.  When the Marshall kills somebody, he “had to do it”, but when others use the same methods as he, then they are criminals because they don’t have a tin star on their chest.  As a side note, it’s funny how Marshall Dillon is a stickler for the law with most people, but when he feels “The Law” needs to be ignored for his friends and those he sympathizes with, then it’s the right thing to do to “stretch the law” arbitrarily.  Looking back at how I watched these shows as a kid and how easily I was brainwashed into accepting authoritarianism as the righteous alternative to liberty, I must laugh at myself while realizing how most people never even question how they became authoritarians.

"Fama, Hansen, and Shiller"

When I learned about the 2013 recipients of the Economics "Nobel Prize" I immediately wondered what Austrian economists were thinking.  Per usual, the Mises Institute provided a quick answer.  See this misesmedia video discussing this topic.

Malala Yousafzai to the Predator: 'Drone Strikes Are Fueling Terrorism'

"That fact was conspicuously absent from the White House statements on the meeting." HAHAHA.

Oklahoma Doctors vs. Obamacare

As a practicing physician in the United States I cannot overstate just how radical the business model of the Surgery Center of Oklahoma actually is.  This ReasonTV video profiles this business.  I am currently brainstorming how to transplant this business model to my specialty of radiation oncology.

Elizabeth Warren's Recent Anti-Anarchy Diatribe

To my mind, it bears continuing to point out how utterly self-righteous, arrogant, uninformed, and undereducated Warren and those of her ilk -- most notably of late Harry Reid -- truly are.  And how desperate they seem to be getting in a vain attempt to prop up what perceived legitimacy their failing collectivist state system still possesses:

We Don't Need the State for Trade and Commerce to Flourish

The "shadow economy," where individuals do business on their own without registering with a state, paying taxes, and abiding by government regulations is massive. This type of trade is represented by self-reliance, improvisation, localism, rapid adaptation, and the bottom-up order that free exchange creates. Let market anarchy reign!

Killing Two Birds With One Stone

Anti-NSA activists have adopted a highway near the NSA's massive surveillance center in Utah. The activists have been protesting outside of the center for months and aren't going away any time soon.
Not only are they surrounding Big Brother's warehouse, they are also exposing the inefficiences and incompetence of government road "services" as well. These sacrosant roads - which, of course, only state violence can provide -  are virtually all maintained and cleaned by private groups and volunteers now anyway.
What poetic justice it is! These activists are killing two birds with one stone, further chipping away at Leviathan.

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