Keeping Rights on Paper, Losing Them on the Streets

Firearms, Legal System, Police Statism, Private Crime, Victimless Crimes
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While many people love to promote the various rights guaranteed by the Constitution, it is interesting to see how rights are restricted not through legislation or even an active judiciary, but simply by law enforcement not respecting them. Consider the right to keep and bear arms and this officer’s reaction to a man exercising his right. The Second Amendment has been upheld by the courts, and there have been recent landmark cases restoring that right to people unfortunate enough to live in places like Washington, D.C. Legal victories such at that have little effect on those supposedly hired to defend person and property, however:

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Mimi & Eunice: Let’s Make More Regulations!

Corporatism, Mimi & Eunice on IP
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[Here’s another departure from our usual syndicated Mimi & Eunice content. It’s not strictly IP-related, but it was too good to pass up, dramatizing as it does the simultaneously comical and frustrating disconnect that most people have with regard to problems and solutions involving government. — GAP]

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This is post originally appeared at Mimi and Eunice. View original post.

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Subscribe to the Libertarian Standard on Your Kindle

Admin Updates, Anti-Statism, Technology
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I’m pleased to announce that you can now subscribe to the Libertarian Standard on your Kindle ereader.

Simply follow the link to the product page or click on the ad-button below, in the sidebar, or at the bottom of each post.

Amazon sets the price, which is currently at $0.99/month, with a 14-day free trial.

We get a cut of 30%, which will go toward operating costs: domain registration, hosting, and the like.

If you have a Kindle ereader — not an app, sorry, but the physical device (the service is limited to them for the time being) — consider the advantage of subscribing to the Libertarian Standard. Posts will be delivered to your Kindle wirelessly (when you’re connected) when they’re published on the site. You’ll be able to read our commentary and analysis, as well as the syndicated Mimi & Eunice comics, at your leisure on a lightweight, very portable device, in sunlight, away from a decent wireless or 3G/4G connection. Good for commutes, plane flights, camping trips, and similar situations in which you’re not consistently connected to the world via the internet and can’t reach our site — particularly if you don’t own a 3G/4G-connected tablet pc and don’t like reading on a computer screen or lugging around your heavy laptop.

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Mimi & Eunice: Locked Up Technology

IP Law, Mimi & Eunice on IP, Technology
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locked up technology

This comic was inspired by Sony, but they’re not exceptional. It’s also my first animated GIF Mimi & Eunice. Gear animation modified from Wikimedia Commons.

Haiku:
This is obvious.
Locking up our creations
Won’t make them better.

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This is a syndicated post, which originally appeared at Mimi and Eunice » IP. View original post.

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Forecasts vs. Policies

Business Cycles, Finance
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Arnold Kling, at EconLog, relates Scott Sumner’s simple query as to why the 2008 financial crisis has caused such low or negative growth down even unto the present day, and offers four possible answers. I will comment only on one of them:

Because the Fed made forecasting errors. Right-wingers are fond of brandishing charts showing that the unemployment rate with the stimulus is on a worse trajectory than what was forecast without the stimulus. That may or may not be evidence that the stimulus failed, but it is evidence that standard forecasts were not sufficiently pessimistic about the economy. Assuming the Fed used standard forecasts, that would explain the inadequate monetary expansion back then. It doesn’t explain their reluctance to expand now, though.

There are several places where this answer (which Kling does not favor) goes wrong. Most noticeable, to me, regards the possibility that the forecasts “were not sufficiently pessimistic about the economy.” This is not the only possibility. It is not even the most likely possibility.

The problem was that the forecasts were too negative …

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