Politics

Article on Cultural Property

HistoryNet has an article on the topic of cultural property and who owns it. The article, The War Over Plunder: Who Owns Art Stolen in War?, addresses some of the same topics I addressed in my comment for the Chicago Journal of International Law at the Law School of the University of Chicago, Keeping the […]

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Quote of the Day

All your sophisters cannot produce anything better adapted to preserve a rational and manly freedom than the course that we have pursued, who have chosen our nature rather than our speculations, our breasts rather than our inventions, for the great conservatories and magazines of our rights and privileges. ~ Edmund Burke, Reflections on the Revolution

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Reading List

A number of people have asked me lately what I’m reading on economics and the financial markets right now.  Truth is, I’m always reading such things, and no short list can even come close to covering the variety of material I try to read, from the scholarly and serious (e.g., Posner, Becker, Mankiw, etc.) to

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EMP: Still Something to Keep You Up at Night

In case you’ve already resumed sleeping normally after my prior post on the EMP threat, the Wall Street Journal has more to remind you of the danger.

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$7,400,000,000,000

That’s what the Fed is pledging to “rescue the financial system,” according to Bloomberg.com. That’s 50% of 2007 GDP, or 288% of 2007 federal tax revenues. Makes my prior post sound look like a praise of good budgeting.

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