The indispensable Al Fin draws our attention to another free online education resource: the Foundation for Economic Education (FEE). They describe their mission as follows: The Foundation for Economic Education (FEE), one of the oldest free-market organizations in the United States, was founded in 1946 by Leonard E. Read to study and advance the freedom… Continue reading Another great Internet resource
Tag: Economics
When a legend becomes a money-spinner
I’m forced to agree with The Gawker’s opinion that ‘Martin Luther King Jr.’s Children Are Shameless, Greedy Shakedown Artists‘. A monument commemorating slain civil rights leader Martin Luther King Jr. will be built on the National Mall this year. King’s children are gouging the private foundation that is building it for nearly $1 million. The… Continue reading When a legend becomes a money-spinner
The maritime graveyard of Mauritania
Thanks to Frank W., who sent me these photographs of abandoned ships at Nouadhibou, in the West African nation of Mauritania. It seems that for many years, shipping companies (particularly fishing companies) have dumped their old vessels there, to rust away into oblivion. Disposing of a ship is an expensive business. When scrap metal prices… Continue reading The maritime graveyard of Mauritania
Polk County Jail gets tougher
I’m both pleased, and a little concerned, to see that the Polk County Jail in Florida is getting tougher on its inmates, in response to budgetary shortfalls. Having worked as a chaplain (part-time and full-time) in prisons for many years, I agree that inmates are more than adequately provided for – sometimes so much so… Continue reading Polk County Jail gets tougher
Do you have an old Singer sewing machine?
If so, you might be sitting on a minor gold-mine – if you can get it to Saudi Arabia. Saudi police say they are investigating a hoax that has seen people rushing to buy old-fashioned sewing machines for up to $50,000 (£33,500). The Singer sewing machines are said to contain traces of red mercury, a… Continue reading Do you have an old Singer sewing machine?
An update on a previous Doofus
Nevada State Senator Bob Coffin was our Doofus Of The Day #190 recently, for his proposal to tax prostitution in Nevada. There were all sorts of interesting (and problematic) questions raised by his idea. It seems the good lawmakers of Nevada have agreed that his proposal was just too complicated to work. Nevada lawmakers on… Continue reading An update on a previous Doofus
Here come higher gas prices again . . .
It seems the speculators are at work once more in the oil markets of the world. As the Daily Mail reports: They are laden with fuel. Enough to fill 7 million Ford Mondeos [previously marketed in the US as the Ford Contour]. But the cargo on board these giant oil tankers is unlikely to see… Continue reading Here come higher gas prices again . . .
The economic outlook is still gloomy
Despite all the joyful prognostications of the optimists, I’m afraid I still don’t see much light at the end of the economic tunnel – unless it’s an oncoming train, of course! The various rescue packages passed by the US Government aren’t addressing the real problems that caused our present mess: in fact, they’re perpetuating many… Continue reading The economic outlook is still gloomy
The bare essentials?
One has to smile at the efforts of pole-vaulter Romain Mesnil to find a new sponsor. A French pole vaulting champion ran naked with his pole through the streets of Paris and posted the video on the Internet, hoping to draw attention to his quest for a new sponsorship deal. Romain Mesnil, who won a… Continue reading The bare essentials?
Why I won’t buy a condo – ever!
I owned a so-called ‘sectional title’ apartment – the local name for an individually-owned condo – in South Africa, many years ago, and was head of the Body Corporate (what we called the association of owners). I still have painful memories of trying to get unit owners to pay their dues, suing those who fell… Continue reading Why I won’t buy a condo – ever!