Month: April 2013

April 17, 2013

Hipsters and Elitists versus Chain Stores

New York City’s hipster and elitist class seem to believe that they should have some role in determining what business owners do with their property. Like hipsters and elitists around the country, New York’s cohort are banding together to protest companies that do not present the utopian vision for the neighbors where these elites dwell (most of whom are renters, by the way). Continue Reading...
April 17, 2013

Do We Want Prices to Fool Us?

J.C. Penney recently gave up on last year’s strategy to abandon sales and coupons in favor of “everyday low pricing.” As an article in the New York Times points out, “simplifying pricing, it turns out, is not that simple”: “It may be a decent deal to buy that item for $5,” said Ms. Continue Reading...
April 17, 2013

Hostility Against Religion: It’s a Rising Tide

The Pew Forum on Religion & Public Life has been studying the steady rise of hostility towards religious expression and religious liberty worldwide. In fact, they found that restrictions on religion rose in every major area of the world, including the United States, since the study began in 2009. Continue Reading...
April 17, 2013

Bitcoin as ‘Super Fiat’ Currency

Joe has done us all a real service in putting together his three part (1, 2, 3) primer on Bitcoin (full PDF here). I am curious, though, what the justification is for referring to Bitcoin as a “commodity” currency. Continue Reading...