Category Archives: Essays

Standing Between You And All The Benefits Of Telemedicine

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“The same organization that thinks you shouldn’t be able to get a prescription from a Teladoc doctor you have never met, thinks it’s perfectly okay for you to get a prescription from an ‘on call’ doctor who you have also never met, who is subbing in for your regular doctor and who probably isn’t looking at your medical records when he orders the prescription.  Today, as in the past, organized medicine acts as a cartel agent for the doctors.  Another opponent is Medicare. In general, the federal government won’t pay for telemedicine except under special circumstances.”

http://www.forbes.com/sites/johngoodman/2015/07/09/standing-between-you-and-all-the-benefits-of-telemedicine-the-ama-and-the-federal-government/

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Get a Room (But Only if it is Government-Approved)

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“Before we assume that the government crackdown on Airbnb comes from genuine concern about safety, we should consider some other, less benevolent motives.  First, many state and local governments have turned to hotel taxes to pad their budgets. Travelers can pay a tax up to 17 percent of the cost of their hotel room.  Second, and not surprisingly, many hotels staunchly oppose Airbnb. The threat is significant. Last year The Economist magazine stated that Airbnb could reduce hotel revenues as much as 10 percent. The American Hotel & Lodging Association spent over $1 million in lobbying last year, including a variety of attempts to legally disrupt or dismantle Airbnb’s business.”

http://www.independent.org/newsroom/article.asp?id=7438

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Mises on the Robotics Revolution

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portallogo3

“We customers are the source of the constant innovation in robotics. We keep asking suppliers to sell us what we want to buy cheaper. If those who sell to us do not comply with our demand, and some of their competitors do, then they will find themselves out of work. We should not blame the robots. We should not blame the stars. We should not blame greedy capitalists. We should blame ourselves. We are the greedy people who want cheaper goods, better goods, and goods delivered more rapidly. Those companies that are switching to robots are not doing this out of their fear of robotics. They are doing this out of this fear: fear of their customers.”

http://www.garynorth.com/public/13953.cfm

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Freedom or the Slaughterhouse? The American Police State from A to Z

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AGOW_SMALL1

“Despite the best efforts of some to sound the alarm, the nation is being locked down into a militarized, mechanized, hypersensitive, legalistic, self-righteous, goose-stepping antithesis of every principle upon which this nation was founded. All the while, the nation’s citizens seem content to buy into a carefully constructed, benevolent vision of life in America that bears little resemblance to the gritty, pain-etched reality that plagues those unfortunate enough to not belong to the rarefied elite. For those whose minds have been short-circuited into believing the candy-coated propaganda peddled by the politicians, here is an A-to-Z, back-to-the-basics primer of what life in the USA is really all about.”

http://rutherford.org/publications_resources/john_whiteheads_commentary/freedom_or_the_slaughterhouse_the_american_police_state_from_a_to_z

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By the Numbers: Does Immigration Cause Crime?

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“Both the Census-data driven studies and macro-level studies find that immigrants are less crime-prone than natives with some small potential exceptions.  There are numerous reasons why immigrant criminality is lower than native criminality. One explanation is that immigrants who commit crimes can be deported and thus are punished more for criminal behavior, making them less likely to break the law.  Another explanation is that immigrants self-select for those willing to work rather than those willing to commit crimes. According to this ‘healthy immigrant thesis,’ motivated and ambitious foreigners are more likely to immigrate and those folks are less likely to be criminals.”

http://fee.org/anythingpeaceful/detail/by-the-numbers-do-immigrants-cause-crime

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How to offshore your credit card with China’s Unionpay

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“China created Unionpay 13 years ago to serve as its own interbank for payments.  The unique benefit of Unionpay is that is controlled by the People’s Bank of China and has no relation to the western banking system.  In fact, the Russian government is using the system while they build their own payment system to get away from western systems. One Russian billionaire commented that he got a Unionpay-backed card to protect himself after US sanctions were imposed on Russia.  You can get a Unionpay card by opening a bank account in Mainland China.  Interestingly enough, wealthy Chinese are even using Unionpay for capital flight out of Mainland China.”

http://nomadcapitalist.com/2015/03/02/offshore-credit-card-china-unionpay/

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The One Lesson to Learn Before a Market Crash

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“The media incorrectly suggests that the collapse of the market in 2008 began with the Lehman bankruptcy on September 15. The fact is that the market fully recovered to even higher levels the following week as the government banned short selling of financial stocks (much like China is doing more broadly at present). Weeks later, in a wicked case of ‘sell the news,’ the actual collapse started literally 15 seconds after the TARP bailout was passed by Congress. Investors want to tie market outcomes to very specific events or catalysts. But history suggests a different lesson: once extreme valuations are joined by a shift toward risk-aversion among investors, the specific events become irrelevant.”

http://www.hussmanfunds.com/wmc/wmc150713.htm

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Philip Giraldi: Where Are They Now?

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“The United States already has by far the per capita largest prison population of any developed country but I am probably one of the few Americans who on this Independence Day would like to see a lot more people in prison, mostly drawn from politicians and senior bureaucrats who have long believed that their status makes them untouchable, giving them license to steal and even to kill. The sad fact is that while whistleblowers have been imprisoned for revealing government criminality, no one in the federal bureaucracy has ever actually been punished for the crimes of torture, kidnapping and assassination committed during the George W. Bush and Barack H. Obama presidencies.”

http://www.unz.com/article/where-are-they-now/

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The Future of the Web Looks a Lot Like Bitcoin

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“More and more, it seems, the priorities of these institutions do not align with those of the people they serve. Remember when Facebook toggled the digital levers in its social network to run massive psychology experiments on its users?  When confronted with an intractable problem, we’ve settled for the least egregious option by placing responsibility for our digital data in as few hands as possible. Because, really, the only thing sillier than trusting some central authority with our most precious digital records would be trusting a bunch of strangers with them.  And yet, this is precisely what Bitcoin achieves: a public database that everyone can see, anyone can add to, and no one can destroy.”

http://spectrum.ieee.org/computing/networks/the-future-of-the-web-looks-a-lot-like-bitcoin

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Money Will Be Digital — But Will It Be Free?

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“What a strange world we now live in. Total surveillance of every citizen’s transactions, without any basis or suspicion, is not just normal but presented as a virtue, a form of patriotism. Using cash or wishing to retain your financial privacy is inherently suspect, a radical position, soon to be a crime.  Using cash or wishing to retain your financial privacy is inherently suspect, a radical position, soon to be a crime.  A future where all payments are trackable is terrifying, but a world with centralized control over transactions would be even worse. Digital currency with centralized control means the eradication of property as a right.”

http://fee.org/freeman/detail/money-will-be-digital-but-will-it-be-free

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