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Tuesday, May 21, 2013

Daily Archives: August 26, 2012

Carpe Diem

Classic Milton Friedman on equality vs. liberty

Mark J. Perry | August 26, 2012, 11:04 pm

“You can only aim at equality by giving some people the right to take things from others. What ultimately happens when you aim for equality is that A and B decide what C shall do for D; except that they … read more >

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Carpe Diem

One-year U.S. stock market return = almost 20% and corporate profits reached record high in Q1

Mark J. Perry | August 26, 2012, 11:09 am

With all of the bad news coming out of Europe, and the ongoing gloom and doom in America with predictions of a pending double-dip recession, it might be counter-intuitive that some stock markets have actually registered impressive returns over the … read more >

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Carpe Diem

Quotation of the day: Pro-business vs. pro-market

Mark J. Perry | August 26, 2012, 10:41 am

Why do you say that America’s political system is degenerating into crony capitalism? “There is not a well-understood distinction between being pro-business and being pro-market. Businessmen like free markets until they get into a market; once they are in it … read more >

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Carpe Diem

Markets in everything: Outsourcing government services to the private sector in California

Mark J. Perry | August 26, 2012, 10:37 am

“Cartagz is licensed and bonded with the California Department of Motor Vehicles and we are officially authorized to perform a variety of DMV related transactions. Official CA DMV license stickers and registration cards are issued directly from our central office.” “Each … read more >

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Carpe Diem

More Example’s (!) of the Misuse of It’s for Its

Mark J. Perry | August 26, 2012, 10:17 am

From the Web and the CD comment’s section: 1. Crony Capitalism at it’s best! 2. Hailing from Brooklyn, NY, the band is paving it’s own unique path in the world. 3. Reductio ad Absurdum is a legitimate technique for pushing … read more >

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