Offering a free t-shirt or fleece or coffee cup or toaster in exchange for enrolling, and extending credit to an 18 year-old college freshman with no job, no credit history, and no sense of financial responsibility isn’t a good idea? This is not rocket science. But it’s hardly worthy of a congressional investigation.
Consumers [...]
Over at Econlog, Bryan Caplan wants to know, what would you like to be free to choose?
Aside from the overwhelming amount of responses along the lines of: “I wanna be able to do a ‘J’ whenever I want”, I’d like to see what people really want.
Caplan’s only caveat was, you can’t say that you “don’t [...]
Over at Cap’n Arbyte’s blog, Kyle Markley sets up an interesting, (but flawed) thought experiment regarding “unfair” competitive practices. I have some problems with his assumptions, which I might post later, but for the time being, I’ll answer his questions. The assumptions regarding the competitive environment and the consumers’ behavior, are, in my [...]
I first read about the case for the Liberty Dollar at Cap’n Arbyte’s Blog. For those unfamiliar, the Liberty Dollar is specie currency, privately minted. And true to form (and the bumper sticker which bears the same message), the Government hates competition. You can read the U.S. Mint press release, here.
The story [...]
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