Dennis Mangan links to a study which finds: "The genotypic IQ decline will ruin the economic and social infrastructure needed for quality education, welfare, democracy and civilization. DRDS is currently unopposed politically, so existing fertility differentials may eventually lead to Western submission or civil resistance."
A lot of free market types have spilled some ink on Roger Goodell’s op-ed in the WSJ yesterday defending the NFL’s current organizational structure. For example, here is Professor Bainbridge calling Goodell a commie. I think this is a really bad argument for libertarians. Baseball works in a more libertarian manner . . . and it sucks. Same for the NBA. Blasting the commissioner of the NFL because he wants to keep his product from sucking seems like a losing argument to me.
While I’m on the subject of bad arguments from libertarians, Radley Blako is having IRS problems. That sucks. But it sounds no different than any interaction with a large company.
I regret not keeping a list of all the things I’ve heard that will "destroy the financial system" since I’ve started working at a financial agency. In my head, whenever I hear that "policy X will destroy the financial system" I substitute "policy X is a good idea."
Kalim Kassam linked to this interview with Lee Kuan Yew a few times, it’s worth a watch.
John Derbyshire on libertarians.
The Ivory Coast illustrates the two great problems of democracy: The fact that bids for votes have no limit, since the politicians are bidding with the promise of stolen goods, and the propensity of governments, pursuing a cheaper vote, to elect a new people. A government composed of people native to the ivory coast elected a new people, a people not native to the ivory coast, and that new people, in turn, elected a new government, a government of tranzis in place of a government of people native to the Ivory Coast.