"Manoj Bhargava, founder of '5-Hour Energy' and the wealthiest Indian in the US, doesn't believe in governments and formal education. Ask him about his biggest challenge and Bhargava says, "The biggest challenge is always the governments - they try to stop all good things. I try to stay away from them as much as I can, as I know if someone can destroy something good, it's the government!" He says he abides by Mark Twain's quote: "I never let my schooling get in the way of my education." He says 90% of what he earns will go into doing charity in India.Read more »
The World Bank has clued in to the fact that many Eastern Europeans prefer to work in the "shadow economy" — that is, off the books and out of sight of tax men, inspectors and other assorted bureaucrats. This has the World Bank very concerned, for a variety of reasons — some convincing, and others, not so much. By the way, World Bank Employees are exempt from income taxes.Read more »
A group of coal miners in Ohio feel they would have been fired if they did not attend an Aug. 14 event with presumptive Republican presidential nominee Mitt Romney and contribute to his campaign — and to make matters worse, they lost of day of pay for their trouble. “There were no workers that were forced to attend the event,” management said. “We had managers that communicated to our work force that the attendance at the Romney event was mandatory, but no one was forced to attend the event."Read more »
When the pilgrims first came to America they almost all starved to death because they adopted communal agriculture. How the pilgrims saved themselves was to adopt the primary prerequisite for a capitalism economy, private property. Mayflower pilgrims had a system in which all goods were owned by the community. All produce was in a common store, from which each individual would receive equal ration regardless of how much he had contributed. The colony was unable to produce enough food until individuals traded with Indians and fellow Pilgrims.Read more »
13 year old saves up $1,200 to buy a hot dog stand to help his family out. He files all the necessary paperwork, he gets a vending permit, gets permission from the property owner on where he is to set up his stand just to be shot down by city hall.
Duszynski was told by city officials that "his cart was in violation of a Holland zoning law that protects existing food businesses downtown against competition from mobile food vendors, and he would have to cease operation immediately."Read more »
Bitcoin Conference London 2012
15-16 September, London
Call For Papers is now open: email proposals to firstname.lastname@example.org
After months of planning we are glad to announce we will be holding the Bitcoin Conference in London. The first conference was held by Mitchell Bourne in association with us. He set an amazing standard, showed us the ropes and bestowed us with considerable experience. This year he will be taking a diminished role as we take over the chariot. We hope to live up to the high standard he set last year.Read more »
feeding liberty, life and the pursuit of happiness
End of the middle class and the Fed explained: video
If an alien from planet Zenon lived amongst humans for some time and then explained the end of the middle class and how the Federal Reserve works to a second alien, it might sound something like this.
Just something sad but true in celebration of T.G.I.F. (that’s ‘Thank God It’s Friday’, in case you don’t read text or Newspeak).Read more »
Pulling A Fast One About Capitalism Causing All The Mess In The EconomyRead more »
This year as we watch the United States and other governments around the world blow up like tonight's fireworks, I present you with 100 resources you can use to advance the cause of freedom both here in the U.S. and around the world. Dark times are ahead, but the light of liberty continues to offer hope for civilization. Help shine that light.Read more »
The informal institutions that enforce network security norms between ISPs are more efficient than a formal legal regime. Indeed, because formal and informal enforcement of security norms are substitutes, not complements, the formal legal system's neglect of ISPs is not merely benign but has also helped the Internet to flourish.Read more »
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