AUSTRIAN ECONOMICS ADDICT

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

Scientists Have Debunked These 5 Common Myths About Red Meat, at businessinsider.com. First, I posted this because the video made me hungry for a medium rare steak. Second, these myths about red meat had to have come from some other “scientist”. I guess science is up for debate.

The Corruption Of Science, by William O’Keefe, at economicpolicyjournal.com. Everything is political, even science. Here is an excerpt from the article, “I want to …talk about … the rise of what has been called consensus science. I regard consensus science as an extremely pernicious development that ought to be stopped cold in its tracks. Historically, the claim of consensus has been the first refuge of scoundrels; it is a way to avoid debate by claiming that the matter is already settled. …Let’s be clear: the work of science has nothing whatever to do with consensus. Consensus is the business of politics.”

The Nightmarish Politics Of Ebola, by John Cassidy, at newyouker.com. Everything  is political, from the name of the Washington Redskins, to Ebola. As much as I hate politics, it is part of  the reality we live in. Even this article trying to decry the politics of Ebola, is a political article. When it comes to analysis of any event, the first question the cable news anchors ask is, “How will this help or hurt the (President, republicans, democrats, congress)” pick one. I don’t care about Ebola politically. I care about Ebola from an epidemiological stand point. When everything is politicized, Government is to big and intrusive. We are living in the chaotic middle ground between central planning and individual freedom.

The Increasing Precision And Efficiency Of Revolutionary Drilling Technologies Has Made US World’s Greatest Producer, by Mark J. Perry at carpediemblog. The US is now the leader in oil and natural gas production thanks to entrepreneurs and technology. Supplying more oil to the market has helped drop the price of oil. The law of  supply and demand is right again. Drill baby drill.

More Schumpeterian Innovation In Ride-Sharing Service Uber, And Another Reason Big Taxi Is Doomed, by Mark J. Perry, at carpediemblog. The upstart competitor (Uber) is putting its efforts into finding ways to serve the consumer better, which in turn expands its business. The status quo monopoly (Taxi Cartel) puts its efforts into trying to keep the upstart competitor out of the market. The consumer will decide which strategy is the best.

The 10 Deadliest Jobs In The US, at economicpolicyjournal.com. Producing a higher standard of living has a cost in lives. But a higher standard of living not only saves lives, it also makes it possible to support a higher population.

Irresponsible ‘Education‘ , and We Can Still Salvage Enough Of The Constitution To Remain A Free And Democratic Nation, by Thomas Sowell, at jewishworldreview.com. These are two great articles by my favorite author, and are truly must reads. Thomas Sowell always makes you think. He also makes you debate, with yourself, about how you arrived at the way you think about different subject matters.

This entry was posted on October 18, 2014 at 1:46 am and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: 10 Deadliest Jobs, Consensus In Science?, Fracking Revolution, Oil And Natural Gas, Politics of Ebola, Red Meat Myths, Thomas Sowell, Uber vs Taxi Cartel