Archive for January 5th, 2005

January 5th, 2005

Thinking about the Tsunami

The latest death toll from Dec 24th’s tsunami in Asia is at 150,000 and rising. 400,000 thousand people have become refugees and 94,081 have been confirmed dead in Indonesia alone. (Reuters as of 1/04/05) A tragedy of this magnitude deserves our consideration, especially of two questions: why did so many die, and […]

Posted by David in General, Politics, In the News... | No Comments »

January 5th, 2005

Private Roads

I often hear arguments from skeptics of capitalism about roads being a “natural” monopoly, so I decided to write up a fictional account of how a private road system might function. Needless to say, this is just one potential scenario that markets might create. It is impossible to say what arrangement entrepreneurs would […]

Posted by David in General, Economics | No Comments »