Capitalism (page 77)

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    Boosting the number of available organs

    This forum has featured a debate about legalizing markets for bodily organs. Now a Bloomberg Businessweek editorial explores a different approach: [L]aw enforcement alone can’t destroy the black market. Another approach is to encourage more people to donate organs. To…
    Mitch Kokai, November 8, 2011
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    Was John Locke ‘Lockean’? Was he a Scholastic?

    Many modern-day economists rely on John Locke’s arguments about such topics as property rights and the rule of law. But it’s not clear to John Mueller that Locke held all of the beliefs now described as “Lockean.” Mueller, Lehrman Institute Fellow in Economics and director of the Economics and Ethics…
    Mitch Kokai, November 7, 2011
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    New Carolina Journal Online features

    Sara Burrows reports for Carolina Journal Online about a bill to permit B corporations in North Carolina. John Hood’s Daily Journal focuses on steps government leaders can take to welcome entrepreneurs and investors to North Carolina.
    Mitch Kokai, November 7, 2011
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    The housing crisis and the Mises solution

    Here is an excellent discussion of the many solutions to the housing crisis, all of them disasters except this one. Ludwig von Mises explained that one government intervention leads to an endless succession of interventions to deal with the effects of the first and subsequent interventions. Ultimately, it comes…
    Michael Sanera, November 4, 2011
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    How Keynes and Hayek will shape the 2012 presidential race

    If you think the debates between John Maynard Keynes and F.A. Hayek would interest no one but economists, author Nicholas Wapshott offers a different perspective. In this snippet from his hourlong Hayek Lecture at Duke University Thursday, Wapshott discusses the impact of the Keynes-Hayek debate on present-day American…
    Mitch Kokai, November 4, 2011
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    Ninety-nine percent agree with this guy?

    The latest Bloomberg Businessweek offers a profile of David Graeber, one of the instigators of the Occupy Wall Street movement. Graeber is a 50-year-old anthropologist—among the brightest, some argue, of his generation—who made his name with innovative theories on exchange and value, exploring phenomena such as…
    Mitch Kokai, November 4, 2011
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    Steve Jobs: Engineering skills plentiful in China

    In a post on Community College Spotlight, Joanne Jacobs pulled an interesting quote from Walter Isaacson’s biography of the late Apple CEO Steve Jobs. Apple had 700,000 factory workers employed in China, he said, and that was because it needed 30,000 engineers on-site to support those workers. ‘You can’t…
    Terry Stoops, November 3, 2011
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    Carney, Corzine, and cronyism

    Upcoming John Locke Foundation Headliner Timothy P. Carney devotes some attention in a new Washington Examiner article to former New Jersey governor and Obama crony Jon Corzine. Former Democratic politician Jon Corzine’s financial firm MF Global collapsed over the weekend in a…
    Mitch Kokai, November 3, 2011