Mimi & Eunice: Walls
IP Law, Mimi & Eunice on IP
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Crying Over Spilled Trash
Environment, HumorI came home yesterday to find that someone emptied our outdoor waste receptacles (read: garbage cans) onto the sidewalk, most likely to root through them for valuables, you know the sort that the state extorts a $0.05-$0.15 bounty in advance for their rendition to the local bailiff for redemption.
This isn’t the first time that profit-seeking scavengers have combed through our trash for illegally-discarded recyclables, but most of the time they are kind enough to retie the bags and place them back where I left them. I suppose this may be a new low in the professional salvage business.
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It’s always sunny in Washington
Business, Mercantilism
Solyndra, the solar panel manufacturer who abruptly shut its doors last week and filed for bankruptcy, received a $500 million loan guarantee in 2009 from the Department of Energy, who was so eager to prop up President Obama’s “green jobs” initiative that it short-circuited its own review process to approve the loan, which probably had nothing to do with the sizable contributions Solyndra’s backers made to the Obama campaign. This is no doubt an embarrassment for the president, but I’m sure that had nothing to do with Federal agents swooping down on Solyndra’s offices on the day of his big jobs-plan speech. Happiness is never having to say you’re sorry, especially when you can throw some other guy in prison to cover for your own incompetence.
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Mimi & Eunice: Zero-Sum Economics
IP Law, Mimi & Eunice on IP
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Keynesian Economic Policy Is a Negative-Sum Game
Humor, Nanny Statism, TaxationKeynesian economic policy is a negative-sum game: They essentially believe that you can take water from the deep end of the swimming pool with a bucket, carry it to the shallow end while sloshing water out onto the deck along the way, dump it back in, and somehow the water level of the swimming pool will rise.
(HT Robert Higgs, +Steve Ciciotti, and +Manuel Lora. I “stole” your ideas and remixed them.)
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