Roman's Notes
My notes for The Economic Way of Thinking and Introduction to the Market Process have been posted on romansturgis.blogspot.com
More to come...
My notes for The Economic Way of Thinking and Introduction to the Market Process have been posted on romansturgis.blogspot.com
The Bolshevik taste for the absolute-for Utopia and violence-seems far distant now in the West that gave it birth. But it has reappeared within the Islamic world. The recreation of a universal Caliphate, which ceased to rule all Muslim lands about the year 800, has become a wide-spread demand of radical Islamic groups from Morocco to Central Asia-a demand as abstract and utopian as Communism itself. In pursuit of such aims a cult of death as pitiliess as Stalin's has gained widespread ascendancy over radical Muslims. The war against this style of tyranny demands the same energies, and meets with the same Western equivocations, as the war against Stalinism.
Has anyone visited this new econ site?
I'm working on a book with a commie dedicated to applying libertarian thought to the socialist process. I know that sounds completely backwards (and like trying to put two north poles together on a magnet), but basically we are trying to show that despite their huge differences, there are areas they can be melded, and compromised with each other.
Hello everyone,
I call the following to your attention: http://www.johnkay.com/political/394
Dear everyone,
Hi everyone!
Some philosophy-minded or international law/relations-minded folks might enjoy reading this essay on Rawls, Bobbio, and Habermas's theories of international order.
I thought I'd list some law resources for American law students.
National Review Online released a list of questions that Senator Schumer reportedly wishes to ask Judge Roberts during the judiciary committee hearings. They center around the judge's ideology rather than his "character" or "personal life," which I think is pretty cool. Among the questions, here are some of the ones I found interesting:
It's 9 in the morning and i'm finally home. Glad to see so many people i miss blogging here, or at least listed as contributors, which leads me to believe we'll hear from them sooner or later. Really curious to see everyone's other blogs. I also have some photos that i'll put up somewhere. But i'll do all that later, after i get some sleep. If i can remember how. Have a feeling it won't be difficult. See you all.
The Society for the Development of Austrian Economics is please to announce that submissions for the Don Lavoie Memorial Graduate Student Essay Competition are now being accepted. Submissions will be accepted from students enrolled in a graduate program in economics or other relevant disciplines anywhere in the world. Essays should make use of and forward the work of the Austrian school of economics. Three prizes are given, each worth $1000, to be used to pay expenses to attend the Southern Economic Association meetings this November in Washington, where the winners will present their work on a special panel. Prize awards are contingent on attending the SEA meetings and the SDAE’s annual business meeting and awards banquet.
Born 1955 in Buffalo, NY
Here's an article that has some guesses on who Bush's SCOTUS appointee is going to be. Ready for some major filibustering and holding out, folks? =) I'm interested in hearing your opinions on the nominees suggested (or even on ones not suggested).
WASHINGTON (Reuters) - President Bush will announce his first nominee to the Supreme Court on Tuesday and Republican sources U.S. appeals court Judge Edith Clement has emerged as a leading candidate.
"The president has made a decision and will be announcing his nominee to the Supreme Court this evening at nine o'clock (0100 GMT)," White House spokesman Scott McClellan told reporters.
Analysts say Clement, 57, of the U.S. Court of Appeals for the 5th Circuit in New Orleans, is a conservative who may not be as controversial as some other candidates because she has no long record of judicial opinions available for analysis.
She won Senate confirmation by a 99-0 vote in 2001. But Assistant Senate Democratic Leader Richard Durbin said "a different standard has to be applied" for a Supreme Court candidate and predicted she would face "harder questions, more questions" than in 2001.
Republican strategists said Bush has been leaning toward picking a woman to replace retiring Justice Sandra Day O'Connor, the first woman on the high court and a moderate conservative who often controlled the outcome on hot button issues like abortion, affirmative action and civil liberties.
At a news conference with the Australian Prime Minister, Bush was noncommittal: "I have thought about a variety of people, people from different walks of life, some of whom I've known before, some of whom I had never met before."
"I do have an obligation to think about people from different backgrounds but who share the same philosophy -- people who will not legislate from the bench," Bush said.
Some Republicans have urged Bush to name a candidate who would mesh closely with his conservative agenda. Others have urged him to choose someone who could assume O'Connor's more moderate role as a key swing vote between the nine-member court's conservative and liberal wings.
Sen. Arlen Specter of Pennsylvania, who as chairman of the Senate Judiciary Committee would oversee the confirmation process, has urged Bush to pick someone in O'Connor's mold for the lifetime appointment.
Republicans believe nominating a woman might help avoid a bitter partisan battle over Bush's choice for the court, which rules on many social issues like abortion and civil rights.
Sources said the timing of an announcement had been moved up in part to deflect attention away from a CIA leak controversy that has engulfed Bush's top political adviser, Karl Rove.'PRACTICALLY NO PAPER TRAIL'
Republican strategists with close ties to the White House described Clement as the leading candidate.
"She's pretty untouchable," one of the strategists said, noting that she has attracted little attention for her judicial opinions, reducing the chances of a bitter confirmation fight over her writings.
Manuel Miranda, head of the Third Branch Conference, a coalition of about 200 conservative groups, said if Clement is the nominee, "the president is playing it safe."
"Edith Clement has practically no paper trail," Miranda said. "She is a conservative, and she would be acceptable... But she doesn't have a clear record on a number of issues, and has caused some concerns on religious liberty issues."
Some Republicans may be wary of filling the post with someone whose views are so little known. Bush's father selected Justice David Souter, who has disappointed conservatives and turned out to be far more liberal than expected.
Brad Berenson, Bush's former associate White House counsel, said Clement would "face a relatively smooth confirmation" process because she has the backing of Democratic Sen. Mary Landrieu of Louisiana.
Landrieu was a member of the group of 14 senators -- seven Democrats and seven Republicans -- who signed a truce in May that averted a showdown over Bush's most conservative appeals court nominees that had threatened to shutdown the Senate.
That group may play a pivotal role in the Senate confirmation process and help decide if Democrats would be allowed to filibuster the nominee. According to their deal, filibusters would only be allowed under "extraordinary circumstances."
Clement was nominated by Bush's father to serve as a judge on the U.S. District Court in Louisiana in 1991 and was elevated to her current job by the current Bush in 2001.
Born in Birmingham, Alabama in 1948, Clement received her law degree from Tulane Law School in 1972 and worked as a private attorney in New Orleans from 1975 to 1991.
Another possible female candidate is Edith Hollan Jones, who also serves on the 5th Circuit. (Additional reporting by Caren Bohan and Thomas Ferraro)During a discussion session, someone brought up the Liberty Dollar. I hadn't heard of it before, so I thought others might enjoy checking it out.
Strange Brew: Churches push for “fair trade” coffee
by Jordan Ballor, Associate Editor
The “fair trade” coffee campaign (not to be confused with “free trade” coffee) is gaining traction beyond its early beachhead on college campuses and grungy latté shops. Increasingly, the campaign is finding new adherents in religious organizations, which are busily issuing guidelines for consumers. In churches and synagogues all over America, the once ideologically innocent coffee klatch has become a forum for international trade policy.
Prominent religious advocates of fair trade include the Interfaith Fair Trade Initiative, an outreach of Lutheran World Relief, and the Presbyterian Coffee Project of the Presbyterian Church (USA). The Presbyterian Coffee Project, among other things, advises its churches to “offer gift baskets of fairly traded coffee and tea for new members, as Christmas presents, or on other occasions.” And in December, Catholic Relief Services announced the launch of an effort to boost fair trade coffee consumption among the nation’s 65 million Catholics.
People of faith are working with groups like Global Exchange, a San Francisco human rights organization, which claims, “Agriculture workers in the coffee industry often toil in what can be described as ‘sweatshops in the fields.’” The fair trade movement, encouraged by victories among the religious and in corporate America, has ambitions that range all over America’s supermarket. TransFair USA, the only third-party certifier of fair trade commodities in the United States, announced on Jan. 22 that fresh fruit is its “Newest Fair Trade Certified™ Product Offering.” Soon, even the purchase of a bunch of bananas will force shoppers to make a political statement.
But let’s be fair to the fair traders. Their techniques are based on convincing the consuming public and working through the market to achieve their goals. This approach is vastly superior to relying solely on governmental subsidies, which has historically been the chosen means of influencing agriculture policy for many like-minded activists.
The main difficulty with this lies in the fact that these campaigns rely on guilt-tripping people who drink coffee, rather than arguing from sound economic principles. The rhetoric of the fair trade movement attacks “big business” coffee companies, and favors smaller, cooperative farms....
And corporate America is caving in. Last September, Proctor & Gamble announced it would begin offering Fair Trade Certified coffee though its specialty coffee division, Millstone. The fair traders’ answer to the “sweatshop on the fields” situation is simple: fix the price of coffee at a level that will provide an adequate standard of living for the farmer. Currently they affirm that this fair level is a minimum of $1.26 per pound (compared to the current 50 cents per pound prices in the actual marketplace).
Such artificial and arbitrary measures fly in the face of economic reality. The law of supply and demand is a major player in regulating the price of coffee, which is bought and sold like any other commodity. The economic price mechanism takes into account a variety of factors that an artificial price standard cannot hope to deal with justly.
Fair traders also ignore one of the main reasons coffee growers face price drops: worldwide production has greatly expanded, especially in Southeast Asia. Increased supply equals lower prices given a static demand.
...Most troubling is the fact that the fair trade movement effectively pits the poor against the poor. It’s a case of coffee farmers in the fair trade co-ops versus conventional farmers. Those who sell coffee in the traditional commercial manner are forced to compete with those who are artificially enabled by the fair trade movement to maintain production through such guilt-driven, market-based subsidies.
.... The fair trade movement needs to take into consideration the poor who are left out of their arbitrarily constructed system of privilege.
The fair trade movement’s only response to this disparity is to argue for a complete standardization of its price-fixing methods. Global Exchange calls for “a total transformation of the coffee industry, so that all coffee sold in this country should be Fair Trade Certified.” The success of this sort of endeavor will never be comprehensively effective, especially in a free economy like the United States. As Global Exchange admits, “despite the growing popularity of Fair Trade coffee, demand has not yet matched supply: Last year about 200 million lbs. of certified Fair Trade coffee was sold at normal market prices because of insufficient demand.”...
After repeatedly ridiculing the faculty for blogging stuff no one reads, I decided to join the action. You can read about my seminar experience, at my new Spontaneous Disorder blog. I don't know what has the longer odds, someone actually reading it or me actually adding stuff to it regularly. Oh well, I'll give it a shot.
I've just posted a short summary of my experience at IHS. I hope to post more particularly about specific topics we addressed, but with work and all starting up again, who knows if I'll have time to do that. Nevertheless, enjoy.
I have just posted on my blog some (only a few) pictures from the seminar, as well as a list of books, many of which I mentioned to more people than I can remember. So, if you are interested, go to http://witherspoongirl.blogspot.com.
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Hi all. Thanks for a great week at Pitzer. It was wonderful getting to know all of you, both the humans and the sheep. I hope that we can keep this forum going as a way to share ideas, links, and questions on into the future.
Here it is.