Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market Jonathan Macey (Yale) defends private equity against nonsensical attacks from Newt Gingrich, Jon Huntsman and others (Rick Perry is spared by Macey, but not by Bainbridge) in today’s Wall Street Journal: Mitt Romney’s candidacy is subjecting the entire private-equity industry—where Mr. Romney spent most of his business career—to vicious attacks by …

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Originally posted on Utopia, you are standing in it!:
Source: Another way for refugees | Australian Greens. Arriving by boat in Australia does not increase the size of the refugee quota. It just changes who gets to the head of the queue and how many died trying to get to the head of the queue.…

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JONATHAN TURLEY He was known as Prophet Shamiso Kanyama in Zimbabwe and he instructed his followers to bury him alive as part of his ritual to cleanse their house of evil spirits. They did and were surprised when they dug him up to find out that he was dead. Now the family involved in the …

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Originally posted on STOP THESE THINGS:
The boxes are green …. **** Lunatics, like those that people Australia’s Labor Party and the so-called ‘Greens’, continue to delude themselves that, not only is wind power a ‘meaningful’ power generation source, but also that, if we would all simply have faith and ‘believe’, our modern, first world…

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Truth on the Market Economists are all quite familiar with the “holdup problem,” i.e. one contracting partner exploiting the other after asset specific investments have been made.  One classic law school textbook example is Alaska Packers v. Domenico in which the Alaska Packers’ Association hired Domenico for the salmon season for $50 plus 2 cents …

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