Issue CLXV

June 24-29, 2008

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Culture
Isaiah's Job (1936):
Albert Jay Nock

June 28, 2008
Albert Jay Nock describes what an advocate of liberty and other sound ideas can expect with regard to his reception and how he should prepare his message not to cater to the masses, but rather to uphold and uplift a "remnant" of people who seek the truth and are willing to make the effort to learn it.

Economics
The Oil Follies:
William L. Anderson

June 26, 2008
Economic illiteracy has always been a hallmark of government, and the current set of actors in Washington, DC is no exception. In these troubled times, one wishes that someone in political authority had even an inkling of what is needed to deal with the current situation in oil markets.Instead, we have bluster, threats, and measure after measure that would further strangle and regulate production of oil and oil-related products. Congress always tells us that it knows best, but once again, writes Dr. William Anderson, we see nothing but economic ignorance from Washington’s finest.

Cooperation: How a Free Market Benefits Everyone:
Jeffrey Tucker

June 28, 2008
Jeffrey Tucker attempts to explain the most important idea in the history of social analysis. The notion (actually, it's a description of reality that is all around us but rarely noticed) has been around for centuries. It was first observed by ancients. It was first described with rigor by late-medieval monks working in Spain. It was given scientific precision in the classical period. It is the basis of advances in social theory in the 20th century. This vital idea is that free exchange can actually create wealth by making use of specialization and comparative advantage.

Raising the Minimum Wage: A Threat to Jobs:

Molinari Economic Institute

June 29, 2008

Labour Minister Xavier Bertrand has announced a rise of 0.9% in the French minimum wage (known as the SMIC) as of 1 July. This follows an earlier increase of 2.3% that took effect on 1 May. According to a new study from the Institut économique Molinari, these successive increases are potentially harmful to the economy and to employment. Moreover, the existence of a legal minimum wage is a cause of structural unemployment and of exclusion from the labour market.


Music
Every Thousand Years:
Rodney Rawlings

June 28, 2008
"Every Thousand Years" by Rodney Rawlings is a song about progress and resistance to progress. The stanzas of the song alternate, presenting optimistic and pessimistic ideas regarding the prospects for beneficial change. The melody reflects this pattern and ends on a hopeful note.

Fibonacci Rondo, Op. 54:
G. Stolyarov II

June 29, 2008
Mr. Stolyarov's Fibonacci Rondo, in its main theme, attempts to musically represent the first six values of the Fibonacci Sequence and the manner in which the sequence is generated. It is written for two string sections, piano, and timpani and includes musical devices that most likely could not have been replicated by a human orchestra.

Politics
A Socialist by Any Other Name...:
Selwyn Duke

June 24, 2008
One of the consequences of being right in an age of lies is that it brands you as a radical.  Remember that being an extremist doesn't mean you're wrong, but simply that your views deviate greatly from those of the mainstream.  If you say that 2+2=4 in a land where everyone else insists it's 5, you'll be labeled a radical.  The same is true if you assert that a certain society of men is full of wolves when everyone else believes they're sheep.
For years, Selwyn Duke has been telling people that most of our Democrats are essentially socialists. The facts are quickly proving him to be right.

A Major Victory for Texas:
Ron Paul

June 24, 2008
Rep. Ron Paul is pleased to report that the Texas Department of Transportation will recommend the I-69 Project be developed using existing highway facilities instead of the proposed massive new Trans Texas Corridor/NAFTA Superhighway.  According to the Texas Transportation Commissioner, consideration is no longer being given to new corridors and other proposals for a new highway footprint for this project.  A major looming threat to property rights and national sovereignty is removed with this encouraging announcement.

Videos
Civility: A Powerful Weapon - Video:
G. Stolyarov II

June 28, 2008
Advocates of political freedom and strong ethical standards have a powerful weapon on their side -- if they choose to use it. In an age where too many people are ready to hurl insults at one another at the onset of any discussion or debate, civility sets one apart from the crowd and gives one a chance to actually persuade people of the soundness of one's views. Mr. Stolyarov explains in this video presentation.

"Wealth is the product of man's capacity to think." 
~ Ayn Rand

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