I’m really glad that Kevin Brancato has written this post on how the city of Los Angeles is going to try to keep WalMart from building within the city limits. I also absolutely love his opening two sentences: In contrast to The Washington Post, T&B believes that people living inside the City of Los Angeles …
I have been derelict in welcoming Nick Schulz’s new sports and technology blog to the block. These are two of my favorite topics, so I look forward to seeing them together. See, for example, his thought=provoking post on the effects of technological change on baseball.
A lot of folks around here have been discussing outsourcing, and its short-run and long-run economic effects. I tend to be simple-minded about it and say that outsourcing will continue until the wage in each country equals the value of marginal product of that country’s workers. Put another way, the high productivity of US workers …
Tyler Cowen Summarizes The Outsourcing Discusison Read More »
Today’s Carnival of the Capitalists is up at Steve’ Verdon’s site. I’ve been too busy to rub the brain cells together well enough to write a post worthy of CotC inclusion, but I am happy that my small musings on competitive transmission, contestability, and evolutionary processes in markets got Robert Prather riffing on it, and …
Check out Michele Boldrin’s and David Levine’s joint work on intellectual property if you are interested in such issues. For example, this abstract of their paper titled “The Case Against Intellectual Property”, puts it clearly: Argues that the downstream licensing agreements implicit in current intellectual property law are anti-competitive and that there should be a …
Many thanks to Randy Barnett and David Bernstein for their recommendations of the Claremont Review of Books. I enjoy reading book reviews, but the NYT, NYRB, and London RB have all driven me sufficiently crazy with emotional, non-analytical, bad postmodern (as opposed to Hayekian postmodern!) reviews that I just don’t bother any more.
A new discovery may make room temperature superconductors possible: A long-sought new form of matter has been created for the first time. The matter, called a fermionic condensate, consists of atoms that are ordinarily forbidden to exist in the same quantum state but have been tricked into it by linking into pairs. It occupies the …
The hybrid Toyota Prius has been named the 2004 North America Car of the Year. “If you want to understand the future of automotive design and production, then you have to understand the Toyota Prius,” Motor Trend said.
Please, do check out the funny comment on haggis hunting (isn’t haggis a small animal that lives in the heather?) from my dear friend Adam Bruce, from the haggis post immediately below. A good chuckle to start the day!
Wine: Gustave Lorentz Gewurztraminer Reserve 2001 ($12.99 at our local wine store) Front taste: sweet, full of orange flower, but not cloying. Thick mouth feel from the residual sugar. Initially some chalky mineral, but that dissipated over the course of drinking the whole bottle. Very robust fruit, peaches and pears especially. Mid taste: syrupy, but …
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