The big thieves hang the little ones--Czech proverb
April Fool's Day
Lovely trip top Florida. Nice birthday party for mom. Our house on Howe was being cased by some burglars and Thomas saved the day.
Met a couple of Chris' seminarian friends and heard the great one line of the week: "Things are so bad that one Resurrection may not be enough."
Scammers stole over $100 million from Facebook and Google. They sent phishing emails with fake invoices to employees at Facebook and Google who "regularly conducted multimillion-dollar transactions" with Quanta, and those employees responded by paying out more than $100 million to the fake company's bank accounts, prosecutors said.
What Ludwig von Mises identified as the “calculation problem" is knowledge of the most efficient use of resources conveyed by prices set in a free market. Prices reflect individuals’ subjective preferences regarding the best use of resources. When government uses force to remove resources from the marketplace, it makes it impossible for the price system to function.
A funny description of the coming 2020 election from Will: "An embarrassed nation aches for a president who is one thing: normal. Democrats, however, are looking weirder and weirder while cooking a bouillabaisse of indigestible ingredients: End meat, air travel, private health insurance, the distinction between late-term abortion and infanticide and perhaps Israel as a Jewish state; defend “constitutional norms” by abolishing the electoral college, changing the nature of the Senate and enlarging the Supreme Court to make it more representative, i.e., to break it to the saddle of politics; give socialism one more chance; etc."
I do not know this author but this is well worth the read:
https://www.washingtonpost.com/opinions/2019/03/22/yes-liberal-democracy-is-struggling-progressive-left-isnt-helping/?utm_term=.9688b677bee6
April Fool's Day
Lovely trip top Florida. Nice birthday party for mom. Our house on Howe was being cased by some burglars and Thomas saved the day.
Met a couple of Chris' seminarian friends and heard the great one line of the week: "Things are so bad that one Resurrection may not be enough."
Scammers stole over $100 million from Facebook and Google. They sent phishing emails with fake invoices to employees at Facebook and Google who "regularly conducted multimillion-dollar transactions" with Quanta, and those employees responded by paying out more than $100 million to the fake company's bank accounts, prosecutors said.
What Ludwig von Mises identified as the “calculation problem" is knowledge of the most efficient use of resources conveyed by prices set in a free market. Prices reflect individuals’ subjective preferences regarding the best use of resources. When government uses force to remove resources from the marketplace, it makes it impossible for the price system to function.
A funny description of the coming 2020 election from Will: "An embarrassed nation aches for a president who is one thing: normal. Democrats, however, are looking weirder and weirder while cooking a bouillabaisse of indigestible ingredients: End meat, air travel, private health insurance, the distinction between late-term abortion and infanticide and perhaps Israel as a Jewish state; defend “constitutional norms” by abolishing the electoral college, changing the nature of the Senate and enlarging the Supreme Court to make it more representative, i.e., to break it to the saddle of politics; give socialism one more chance; etc."
I do not know this author but this is well worth the read:
https://www.washingtonpost.com/opinions/2019/03/22/yes-liberal-democracy-is-struggling-progressive-left-isnt-helping/?utm_term=.9688b677bee6
The American Council of Trustees and Alumni publishes occasional reports on what college students know. One report found that nearly 10 percent of the college graduates surveyed thought Judith Sheindlin, TV's Judge Judy, is a member of the U.S. Supreme Court. Less than 20 percent of the college graduates knew the effect of the Emancipation Proclamation. More than a quarter of the college graduates did not know Franklin D. Roosevelt was president during World War II; one-third did not know he was the president who spearheaded the New Deal. Such ignorance might explain why these young people are the supporters of today's presidential candidates calling for America to become a socialist nation. (Williams)
An obvious element in social bonds is some common knowledge and history. What occurs without common beliefs and history is not known, probably because it does not last long enough to be examined. On the other hand, deep common beliefs might make social structures immortal: One fascinating quality about some Taliban bombers was they had memorized the Koran in Arabic--but did not speak or understand Arabic.
Cement, and What It Means (from Chris)
According to Bill Gates' blog, between 2011 and 2013, China consumed 6.6 gigatons of concrete - that's more than the U.S. used in the entire 20th century. Look at what the U.S. built between 1901 and 2000: all those skyscrapers, the Interstate, the Hoover Dam, the list goes on and on but all that concrete only amounted to 4.5 gigatons.
An obvious element in social bonds is some common knowledge and history. What occurs without common beliefs and history is not known, probably because it does not last long enough to be examined. On the other hand, deep common beliefs might make social structures immortal: One fascinating quality about some Taliban bombers was they had memorized the Koran in Arabic--but did not speak or understand Arabic.
Cement, and What It Means (from Chris)
According to Bill Gates' blog, between 2011 and 2013, China consumed 6.6 gigatons of concrete - that's more than the U.S. used in the entire 20th century. Look at what the U.S. built between 1901 and 2000: all those skyscrapers, the Interstate, the Hoover Dam, the list goes on and on but all that concrete only amounted to 4.5 gigatons.
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