Archive for Economics
Dave Killion — May 11, 2013
The Christian Science Monitor reports that foes of the Keystone Pipeline claim that a recent oil spill bolsters their opposition -
“The rupture of an ExxonMobil pipeline that sent a gooey black stream of heavy Canadian crude oozing across lawns and driveways in suburban Mayflower, Ark., (on March 29) has been seized upon by opponents of the Keystone XL pipeline as proof that the controversial project should be halted.
The break in the more-than-60-year-old Pegasus pipeline, environmentalists and homeowners say, illustrates the inability of oil pipeline companies to prevent spills that can wreak havoc on local environments, including important water aquifers along the 1,700 mile Keystone XL’s projected route. An Obama administration ruling on the pipeline is expected sometime this summer.”
If someone protests the construction of new oil pipelines, and insists that oil companies rely on pipelines that are getting older and older, which would you say that that person wants: fewer spills or more spills? And regardless what that person wants, what do you think they’ll get?
Dave Killion — May 5, 2013
O, pardon me, thou bleeding piece of earth, That I am meek and gentle with these butchers!(275) “Julius Caesar”
It is possible, I suppose, to be a libertarian and yet not think rhinos are awesome, but you wouldn’t be the kind of libertarian I could be friends with. But if you love rhinos ( as all good libertarians do), you will be broken- hearted to hear that the last known rhinos in Mozambique have been killed by poachers -
“The 15 threatened animals were shot dead for their horns last month in the Mozambican part of Great Limpopo Transfrontier Park, which also covers South Africa and Zimbabwe.
They were thought to be the last of an estimated 300 that roamed through the special conservation area when it was established as “the world’s greatest animal kingdom” in a treaty signed by the three countries’ then presidents in 2002.”
And now they’re all gone. Had those rhinos been privately owned, one of them could have been sold to a trophy hunter, and the money used by self-interested businessmen to protect and breed the remainder. Mozambique could have had more rhinos, but instead, they have none. The prohibitionists had their way, and 15 rhinos have been slaughtered to the benefit of poachers, who will likely spend a fair bit on prostitutes, booze, and drugs, and nothing on conservation. Such a waste.
Dave Killion — May 4, 2013
The Victoria Libertarian Book Club has set aside books for awhile, in favour of discussion of pre-selected topics. We’ve had a look at corporate personhood, and technology and liberty, and drones. We’re going to have a movie night in a couple weeks, but if you (like me) enjoy having a book on the go, let me recommend to you the graphic novel ”How an Economy Grows and Why It Doesn’t”. Here’s a sample page -
True fact: author Irwin Schiff (85) is the father of well-known-to-libertarians Peter Schiff, and is also a noted tax protester. Sad to say, he is currently serving a 13-year sentence for ”tax crimes,” and not due for release for another 3-4 years.
Read this work online here, or download a PDF here.
Dave Killion — April 10, 2013
Here’s a letter to the Calgary Herald -
Your article concerning the determination of Canadian cattle and hog producers to fight against new U.S. regulations for labelling meat (March 12) fails to note that this is a battle not only on behalf of Canadians, but also for American consumers and American workers whose occupations benefit from lower-priced Canadian meat products. Indeed, aside from a few U.S. politicians and the special interests that support them, it is a battle on behalf of all Americans.
It’s true that some of the least competitive U.S. cattle and hog producers will lose business, and some may even have to close down and lay off their employees. But in Canada, every resource that goes into producing meat is a resource that can’t be used to grow cotton or oranges, build wooden boats or furniture, or cater to Canadian tourists traveling abroad. Likely, Canada will turn to the U.S. for help in acquiring these goods and services, and the market will quickly find mutually profitable use for all the resources recently freed from U.S. meat production. Consumers on both sides of the border will benefit from less-expensive goods and services. This is the nature of trade; that the elimination of any barrier is not a zero-sum game, but rather, a win-win proposition.