Archive for June 26, 2007

The Blackstone Tax

Interesting article on the perils of success.

Bill Gates’s value to society.

So what is the total utility spawned by Gates and his colleagues at Microsoft? Read Robert Barro’s take in the Wall Street Journal. For those of you who don’t subscribe, you may be denied access.

Upset with high gas prices?

There is a splendid article on gas prices here. You can also learn more at the Energy Information Administration. Otherwise, read this 2-year-old letter to the editor about Gas Prices I submitted a few years back.

What about substitutes?

Here’s a good piece by Steve Chapman in the Baltimore Sun. Anyone interested in antitrust should consider reading it. Incidentally, Antitrust and Monopoly: Anatomy of a Policy Failure by Dominick Armentano is also a must read.

Let’s Begin

For my first post, let me share a quote from Frederic Bastiat that summarizes the perspective of this blog: The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else.

For a better understanding of this quote, read this. Read it twice.

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