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Kevin Hassett has an interesting article in Tech Central Station today about the incentives and unintended consequences behind a government program designed to increase home ownership among low-income families.

Don Boudreaux has another must-read post with links on the Copenhagen Consensus process that Bjorn Lomborg is heading up. I particularly like his conclusion: The ultimate goal is to decentralize decision-making power as much as possible down to individuals. It’s at the individual level that cost-benefit calculations are most accurately made; it is at the …

Don Boudreaux On The Copenhagen Consensus Read More »

Here’s an interesting Mark Steyn column on the Thatcher revolution in Britain, and how it needs to be fiished. I particularly found this quote striking: The “working class” has itself been largely privatised, and thus dispersed – or, if you prefer, liberated. A very interesting read. Thanks to Greg Ransom at PrestoPundit for the link. …

Mark Steyn And The Thatcher Revolution Read More »

Carnival of the Capitalists is up this week at Eureka Ranch.

My favorite city, my favorite set of ideas … combined with my love of architecture by one of the most interesting people I know, Jim Johnston. I encourage you to check out his free-market walking tour of Chicago’s Loop, courtesy of the Heartland Institute.

This post from Don Boudreaux at Cafe Hayek is bloody brilliant. I often get frustrated when people make the simplistic “you’ve got yours” argument that Don critiques here, wiithout realizing the logical implications of their arguments for their own positions on issues. Bravo.

So, Google’s IPO looks interesting. The main WSJ article (subscription required) on the IPO highlights two things of interest. First: the distribution of the shares via a uniform price Dutch auction. They’re going to have investors submit bids, where the bid includes the number of shares desired and the price. Aggregating all bid curves creates …

Google’s Ipo Read More »

I like wine guys with a sense of humor, particularly when their name is a play on one of my favorite 80s bands. Speaking of the 80s, today at a meeting about Illinois electricity restructuring I was talking to one of the leaders of the movement toward market-oriented policy in Illinois that started back in …

These Guys Are Funny Read More »

This article from the May issue of Wired is a fascinating look at technological innovation in aquaculture and open-sea fish farming. The article has a lot of detail on problems of overfishing and how innovation (not bureaucracy) is addressing the problem in the face of ever-increasing human demands for animal protein.

More ocean stuff, this time to do with CO2 … last week Nature published an article on results from a study that put iron-rich fertilizer in the ocean near Antarctica. A team of oceanographers from Californian marine research institutes dropped 1.7 tonnes of iron sulphate in the sea as part of the Southern Ocean Iron …

“Salting”, Or Is That “Ironing”, The Oceans Read More »