This blog post by Alex Tabarrok revisits Ayn Rand's philosophy and arguments for laissez-faire capitalism.
Reading
Jeffrey Friedman and Wladimir Kraus argue in Causes of the Crisis that flawed compensation practices at financial institutions did not contribute to the financial crisis, and instead point to regulations that incentivized investment in mortgage-backed securities.
Jason Kottke shares a photographic metaphor about feeling overloaded.
via kottke.orgThis blog post examines F. Scott Fitzgerald's tax returns and his surprisingly interesting financial strategy for writing "The Great Gatsby". via kottke.org
Christopher Hitchens reflects on his experiences debating religious people around the world in this Slate article.
via kottke.org
Intriguing finding - participants in a sensory deprivation experiment experienced hallucinations after 15 minutes in a dark, soundproof chamber.
via kottke.org
Charles Bukowski found that seeing his words on a screen helped him write better and more efficiently.
via kottke.orgThis preface is from Tyler Cowen and Alex Tabarrok's economics textbook, *Modern Principles: Microeconomics.*
Intense footage shows a skier's experience being caught in an avalanche and the four and a half minutes it took for him to be rescued. via kottke.org
Articles on the Mises Institute website discuss Austrian economic principles and criticize government influence on the economy. via Mises Institute
Reason Magazine gives a quick rundown of topical news stories, including rising unemployment and natural disasters. via Reason.com
Robert Barro and Charles Redlick argue in a Wall Street Journal opinion piece that stimulus spending is ineffective. Mario Rizzo critiques their work on the ThinkMarkets blog.
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