individualism for the masses

BK Marcus is an amateur political economist with no formal education in the subject.

He works from Charlottesville, Virginia as an editorial consultant for the Ludwig von Mises Institute and managing editor of Mises.org.

He is no longer a house husband, nor a faculty spouse, but he is still a dilettante and a layabout, at least in spirit.

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"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."

Murray Rothbard

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Benjamin Tucker Marcus
February 19, 2010

follow the money

May 19th, 2008 by bkmarcus

From today’s FEE briefing:

Nuclear Industry to Gain from Carbon Limits

5/19/2008

“As Congress debates whether to limit carbon-dioxide emissions, one of the most vocal supporters of such legislation — the nuclear-power industry — is poised to reap a multibillion-dollar windfall if restrictions take effect.” (Wall Street Journal, Monday)

Follow the money.

FEE Timely Classic

“Climate Change: What if They’re Right?” by Max Borders

Posted in economics, strategy | No Comments »

economic intuition

May 19th, 2008 by bkmarcus

What was that maniacal cackle that spooked my neighbors this afternoon?

It was my LOL reaction to this post on blog.Mises:

A test of your economic intuition

May 19, 2008 3:16 PM by Jeffrey Tucker | Other posts by Jeffrey Tucker | Comments (0)

You see a headline that reads “$1 billion Later, Elevators Still Fail.

The project in question is:

  1. a private company that is managing a private facility of some sort;

  2. a government project.


(From the New York Times story, “$1 billion Later, Elevators Still Fail.”)
((And yes, apparently the billion-dollar project resulted in broken escalators as well as broken elevators.))

Posted in LvMI, economics, news | No Comments »