The pen is mightier than the sword… (Photo credit: mbshane)
Opinions vs. Facts, by Thomas Sowell, at jewishworldreview.com. Dr. Sowell lends us his common sense analysis, so we can better understand the Ferguson situation. The must read of the must reads.
Race Hustler Eric Holder Called Out, at economicnoise.com. Milwaukee County Wisconsin Sheriff, David Clarke, unloads on race hustlers like Sharpton and Holder.
Watch Obama Make The Case Against His Executive Order On Immigration.
The Worlds Biggest Chocolate-Maker Says We’re Running Out Of Chocolate, by Roberto Ferdman, at washingtonpost.com. I love chocolate so this article is important to me. Dry weather along with a fungal disease in West Africa has reduced global cocoa production by 30%. The demand for more cocoa is rising because of economic growth in China and more over all world demand for dark chocolate, {which contains 70% chocolate compared with 10% in regular chocolate bars). But don’t worry because the same economic forces of supply and demand that are bringing the price of oil and gas down, will eventually do the same thing for chocolate. As the price goes up individuals will produce {supply} more at the higher price, and individuals will consume {demand} less at these higher prices, eventually bringing the price down.
Forget High Minimum Wage Order Takers: Pizza Hut Will Just Read Your Mind Instead, at economicpolicyjournal.com. You can order based on what toppings your eyes look at the longest. We are at the beginning of big changes in the way we do everything. Individuals in Government won’t be able to keep up with, let alone try to regulate things that are about break through.
Your Barber May Be Closed But We’re Always Open, at shortcut.com. Shortcut is an on demand service that brings a barber to your house, work, or hotel room. It’s Uber for hair.
Vision For The Future: 1 Million Fewer Cars On The Road, by Kimiko, at uber.com. It’s Uber’s version of car pooling. When there are multiple trips that start and end at similar locations, or when there are riders along the route taken, they will take the same car and share the cost. Spontaneous activity in the market that will help ease traffic congestion in ways that the smartest central planners could never imagine.
The Flying Car Is (Almost) Here, by Josh Dean, at bloomberg.com. A step closer to “The Jetsons“.
Under Pressure From Uber, Taxi Medallion Prices Are Plummeting, at economicpolicyjournal.com. Once again the status quo monopoly is about to crack. Government regulations have artificially kept the prices for taxi medallions high for decades. Economic forces in the market always have a way of winning.
Jobs: Shale States vs. Non Shale States, at zerohedge.com. The President is trying to take credit for this, even though his administration has done everything in its power to shut down or limit oil production.
Uber Banned In Vegas, at economicpolicyjournal.com. Big taxi doesn’t like competition from the little guy, so they run to the Government for some help.
Here It Comes: Master Card Seeks “Level Playing Field” For Bitcoin Regulation, at economicpolicyjournal.com. Are we beginning to see a pattern: Status quo companies lobby their buddies in Government, in order to get rid of their upstart competitors. It is apparently less costly to do this, than compete in the market with these upstarts. The myth is, big business likes competition. In reality they liked competition when they were the up start competitors. They don’t like it as much once they get near the top.
The Difference Between Men And Women, thechive.com. I will make no comments about this post!
AUSTRIAN ECONOMICS ADDICT 