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

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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

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Libertarian Fiction Update

I added a new novel, Wyst: Alastor 1716 by Jack Vance, to the Libertarian Fiction page.

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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

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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

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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

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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

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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

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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

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Political Economy Quote of the Week for 20121105

“War is a racket.” – General Smedley Butler, War is a Racket

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