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Author Archives: augustusvandusen
New Blog Site: http://thinkingmachineblog.net
I converted my blog from WordPress.com to a self hosted site. The new url is http://thinkingmachineblog.net. I have migrated all of the posts to the new site and am in the process of doing the same for the blogroll. With … Continue reading
Posted in Mathematics
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Gasoline Rationing: Another Economic Fallacy Rears Its Ugly Head
On the free market, the price of a particular economic good is set by the subjective valuations of the marginal (least eager) buyer and the marginal (least eager) seller. The market price will be a price that is low enough … Continue reading
Posted in Political_Economy
Tagged austrian_school_economics
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Libertarian Fiction Update
I added a new novel, Wyst: Alastor 1716 by Jack Vance, to the Libertarian Fiction page.
Posted in Political_Economy, Reading
Tagged libertarian_fiction
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Andy Duncan Interviews Professor Jorg Guido Hülsmann
Andy Duncan of The God That Failed blog recently posted a link to an interview that he did with Professor Jorg Guido Hülsmann. Hülsmann is an Austrian School economics professor at the University of Angers in France and a Senior … Continue reading
Posted in Political_Economy
Tagged andy_duncan, austrian_school_economics, jorg_guido_hulsmann
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Robots for Precision Agriculture – A Solution in Search of a Problem
Brian Wang of Next Big Future blog posted links and a video about robot agriculture. Current advanced tractors posses a surprising amount of automation. The difference between current robotics in agriculture and what is being advocated here is the suggestion … Continue reading
Posted in Science_Technology
Tagged farming, robotics, telepresence
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Euro Pacific Bank Silver Debit Card
I recently received notice from Peter Schiff’s Euro Pacific Bank about a new product launch: a 100% reserve silver bank account with an associated debit card. In a previous post, Business Idea: A Gold/Silver 100% Reserve Bank, I noted that … Continue reading
Posted in Political_Economy
Tagged euro_pacific_bank, fractional_reserve_banking, gold, peter_schiff, silver
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Links: 20121106
The Sad History of U.S. Peace Negotiations – “Negotiating for peace to prevent war is not the forte of U.S. governments” Government Targets the (Pet) Breeders – “We are in a deep economic stagnation, yet the government is killing … Continue reading
Posted in Links
Tagged biotechnology, canada, myanmar, nuclear_fusion, regulatory_state, war, war_on_drugs
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Progress in Stem Cell Therapies
In the past, the use of stem cells for various medical treatments was clearly over hyped. When the stem cell issue became conflated with the abortion issue, the rhetoric about the miracles of stem cell therapies went over the top. … Continue reading
The Futility of Voting – Part 5
The Futility of Voting The Futility of Voting – Part 2 The Futility of Voting – Part 3 The Futility of Voting – Part 4 Thank goodness this coming Tuesday will soon be nothing more than a bad memory. Thus, … Continue reading
Posted in Political_Economy
Tagged futility_of_voting
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Political Economy Quote of the Week for 20121105
“War is a racket.” – General Smedley Butler, War is a Racket
Posted in Political_Economy
Tagged political_economy_quote_of_the_week
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