List of 20th Century Genocides

From The Economist
On December 25, 2011 By

The worst genocides of the 20th Century (160 million killed)
- Mao Ze-Dong (China, 1958-61 and 1966-69, Tibet 1949-50) 49-78,000,000
- Jozef Stalin (USSR, 1932-39) 23,000,000 (the purges plus Ukraine’s famine)
- Adolf Hitler (Germany, 1939-1945) 12,000,000 [...]
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Honduran Experiments In Creating The Libertarian Paradise

As A Pedagogical Device It Makes Sense. But Only As A Pedagogical Device.
On December 25, 2011 By

Over On The Economist, an unnamed author writes that the Hondurans are sponsoring a libertarian experiment:

, libertarians have a real chance to implement their ideas. In addition to a big special development region, the Honduran government intends to [...]
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Pravda Rails Against Fox News Without Realizing That They're Looking In The Mirror.

Nationalism Isn't Unique To Americans - In Fact, It's What We Love About Russians
On December 25, 2011 By

Over on Pravda, the popular, nationalistic and jingoistic Russian news agency, Fox News is attacked for it’s nationalist sentiments. I replied:

Fox news is not exactly a minority business. It’s the most popular cable news channel.

A better point [...]
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Defining 'Rich'. It's Easy: Whomever Can Exit Participation In The Market

Rich isn't income. It's whatever combination of factors allow people to exit participation in the market.
On December 25, 2011 By

On Economix at the NYT, Bruce Bartlett writes that it’s difficult to count who’s ‘rich’.

The first thing to know is that there is no formal definition of who is rich, middle class or poor. Of course, there is [...]
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Greg Mankiw makes a case for graduate school education:

Apart from their bank accounts, Gallup finds education to be the greatest difference between the wealthiest 1% of Americans and everyone else. The Gallup analysis reveals that 72% of the wealthiest [...]
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Defining Capitalism

On December 11, 2011 By

“Capitalism as it is used in common discourse, refers to a decision making-methodology in it’s narrowest form, and a general bias in it’s broader form, that is used by members of a population that describes a broad spectrum of property [...]
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Over on Stumbling And Mumbling, Chris Dillow writes about inequality, and refers to OECD Gini-charts on inequality and trust, in an effort to suggest it’s ‘how we believe’ one thing or another that determines redistributive policy. As if conservatives [...]
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A friend posted a humorous advertisement from Columbia, where young women are advocating that ‘natural is better’. Someone asks why this kind of thing happens.

An exacerbated interest in youth and sex is a cyclical expression of human behavior that [...]
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1) Fiat Money(1) The operating principle behind fiat money is to require taxes be paid using it. This creates a demand for the fiat money that cannot be satisfied without widespread trade that makes use of it, or is conducted [...]
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Doolittle's Chart's On Political Preferences

The Nolan Chart Is Misleading
On December 3, 2011 By

The world needs cartoons it seems. In macro economics, these ‘cartoons’ consist of a set of standardized charts the goal of which is to inform policy makers as to the actions required of their monetary policy for the purpose of [...]
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