AUSTRIAN ECONOMICS ADDICT

 The pen is mightier than the sword… (Photo credit: mbshane)

Regulators Attack Dentist For Charging Too Little, at libertypenblog.blogspot.com. A Dentist trying to supply low-cost cleanings, for lower-income people, is told to stop by the Dental board after local dentists complained. If Government hadn’t usurped the power to regulate in this area, the price of dental care would obviously go down. The dental cartel doesn’t like the free market. It wants to use Government to prop up its monopoly prices.

Hookers And Blow: How Changing The Definition Of GDP Officially Jumped The Shark, at zerohedge.com. Prostitution and illegal drug sales are going to be figured in to the GDP number this year by the Italian Government. All Governments are good at changing the way statistics are calculated in order to make the Government look good. The US has changed the way they calculate inflation, unemployment, and the GDP. It reminds me of what has been said about voting in Chicago, “It doesn’t matter who votes, it only matters who counts the votes.”

SWAT Team Ambushes Innocent Man Working On Tractor In Driveway, at policestate.com. I saw this at libertypenblog.blogspot.com. Another example of Government officials abusing power, this time at the local level. Where are the Andy Griffiths of the world.

Third World Construction Techniques Without Machines, by Mark J. Perry, at aei-ideas.org. These are videos of construction workers doing some pretty amazing things. I love how people figure out how to get things done. OSHAA wouldn’t approve of these methods, and I bet these construction workers wouldn’t approve of  OSHAA .

The Concussion Summit, at usatoday.com, and Congress Should Worry About The VA, Not The Redskins, at fredericknewspost.com. The President and the Senate don’t have the constitutional power to make rules in these particular areas. Decisions concerning the risk of concussions, and the name of a Pro Football team are supposed to be made by the people who are directly affected. Political do gooders are always willing to pontificate on subjects without being asked to do so.

Go Pro: Epic Zipline BASE. People do some amazing and scary things. This guys margin for error is very small.

One World Trade Lowers Asking Rents By 10%; “The Market’s Not There“, at zerohedge.com. The World Trade Center is 55% leased and the owner is lowering rent. So much for a good economy.

Hospital/Medicare Games, at economicnoise.com, and Hospitalized But ‘Under Observation’? Seniors Beware, by Mark Miller at reuters.com. The same tactic used by the VA,  putting patients on a waiting lists in order to get on the real waiting list, is being used in another Government run health care system namely medicare. Nobody should be surprised by this because this is what happens when the Government tries to use legislative decrees to wish away the first rule of economics, scarcity. Health care is an economic good and Government can’t change that fact, as we have found out with Medicare and the VA, and as we all will find out in Obamacare. Read Incentives Matter.

Worst First Pitches. You Decide. 50 Cent, Cincinnati Mayor Mallory, Carly Rae Jepsen, President Obama,

The World’s Most Polluted Countries, at zerohedge.com. Why is it that the countries that are the highers polluters are centrally planned. The US produces more goods than any other country and it comes in at number 17 on the pollution countdown. Only countries that produce wealth can afford to clean up after themselves.

The Last Communist City, by Michael J. Totten, at city-journal.org. I saw this at mungowitzend.blogspot.com. This is our heavy lifting for the week. Here is an excerpt from the article, “I’ve always wanted to visit Cuba—not because I’m nostalgic for a botched utopian fantasy but because I wanted to experience Communism firsthand.” Mr. Totten gives us a tour of a communist utopia, and it isn’t a pretty sight. Here is another excerpt, “In 1958, Cuba had a higher per-capita income than much of Europe. “More Americans lived in Cuba prior to Castro than Cubans lived in the United States…” Cuba was one of the world’s richest countries before Castro destroyed it…” Just another example of how central planning, whether communist, socialist, fascist, or crony capitalist is the road to serfdom.

This entry was posted on May 30, 2014 at 10:58 pm and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Construction Techniques Third World Style, Consuccion Summit, Cuban: Communist Paradise, Dental Board Stops Dentist From Charging Too Little, Epic Zipline BASE Jump Go Pro, Medicare Waiting List, Most Polluted Countries, New GDP Calculation: Hookers and Blow, Police Abuse Power, Rename The Redskins?, World Trade Center Vacant, Worst First Pitches