"But since one generation of Squanders gets the free ride and future generations pay in perpetuity for it, there are -- in economist talk -- some pretty dramatic "intergenerational inequities.""
"In reality, pirates are altruists that prevent black-market information economies from forming." / "In a sense, we are all pirates. This is in the nature of our relationship with information."
"Economic science establishes existential laws, of the type: if A, then B. Mises demonstrates that this science asserts that laissez-faire policy leads to peace and higher standards of living for all..."
"In his book Consumed: How Markets Corrupt Children, Infantalize Adults, and Swallow Citizens Whole, Barber says all this material consumption is holding adulthood at bay and killing the citizen in us all."
http://video.google.com/videoplay?docid=3405669348838274375&q=why+we+fight&total=36030&start=0&num=10&so=0&type=search&p...
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"...the further a family of either race slips behind the average income of nearby households of the same race (becoming too poor to compete in the signaling game), the less it spends on these visible goods."
"But where Americans have seen defensive behavior, the rest of the world has looked on and seen the most powerful nation in human history acting like a caged animal..."
simpy
