Quick comment on documentary: No. This is the same as past generations: emotion, ignorance, and collectivism. Obama is more of the same and so is this generation.
Hadn’t heard this metaphor used before. Nice quick rebuttal to one of the common Leftist claims:
Dan Mitchell of Cato Institute on CSPAN “Is Capitalism to Blame?”
Why is the West bankrupt?
He totally gets it right. I was amazed to see an article I would be proud to have written myself published at Reuters.
Most of the comments are the usual idiocy, but Independent007 writes a long, relevant, essay that claims it is free govt gifts to the rich that has bankrupted us, along with the wars, not the free govt gifts to the poor as the author claims.
I think they are both right, that either cause is more than enough to bankrupt the West.
This is a nice segment from a 3-part documentary called “The Commanding Heights: The Battle for the World Economy”, produced in 2002 by PBS and based on the book by the same name. You can actually view the full program at the main website. I’ve only viewed the 1st episode so far, but it’s quite good, especially considering what one might expect from PBS. First of all, the focus (at least in this first episode) is on the great divide between Hayek and Keynes, which, not only did I learn a few things about their relationship (did you know they shared air warden duty on the roof of King’s College during the war?) but the fact that it gives equal attention to Hayek is great in itself. I would also say the treatment of the Austrian School and free market thinking in general is pretty fair…even more so than NPR’s treatment of PorcFest, which many had said was also fair. Of course there are a few gaffs, such as taking certain statist ideas and myths for granted in the way a couple of things are worded, but it’s largely quite neutral.
I can’t believe I am responding to a very minor point, but while the oft-published photo of Ms. Harrop does look bad, there is another photo of her that I saw, and she looks quite normal.
I and my father often say we are not very photogenic people, because of our usually bad photographs. And since we are not the kind of fakers who keep taking multiple takes from multiple angles until the photo looks right, most of our photos make us look very strange and disproportionate - just as Ms. Harrop’s does. Only by luck, on some rare occasions is a photo taken that makes us look like normal human beings.
It’s a thing I learnt from the Oblivion face generator that the straight frontal view of the face and the two side views of the face reveal entirely different worlds, and a face that looks okay from one of those angles might look alien from another.
Video: BitTorrent Creator Speaks to Stanford Engineering Students
"Since its debut in 2001, BitTorrent has become one of the hottest and most controversial Internet discussion topics.
But while everyone from copyright holders and ISPs to governments and their citizens get hot under the collar over this influential protocol, BitTorrent creator Bram Cohen manages to keep his feet firmly on the ground.
In this recent video Bram gives an interesting speech and takes questions from technology and engineering-focused undergraduates at Stanford School of Engineering."
Obama, you done went off and got the Felonious Munk upset. That’s a mistake.
Has anyone else ever seen video of Keynes? (h/t Bob Murphy)
New GOP Strategy Involves Reelecting Obama, Making His Life Even More Miserable
From Onion.com
Yes, it’s full of ignorance, but it made me laugh.
I noticed this one after following that link. The headlines tend to be the best part.
Scientists Trace Heat Wave To Massive Star At Center Of Solar System
Is…is he serious?
## Michael Moore to Obama: ‘Show some guts,’ arrest S&P head
shockingly good speech by British top money honcho:
http://www.hm-treasury.gov.uk/statement_chx_110811.htm
plenty of mistakes, but plenty of good stuff.
Awesome interview with Marc Faber…
Awesome interview with Marc Faber…
Indeed. Love his accent, too.
Marc Faber is the Don Corleone of investing… he’s an OG in my book.