In his City of God, St. Augustine tells the story of a pirate captured by Alexander the Great. Alexander demands of him, “How dare you molest the seas?” The pirate replied, “How dare you molest the whole world? Because I do it with a small boat, I am called a thief. You, with a great fleet, molest the whole world and are called an emperor.” St. Augustine called this answer “elegant and excellent.”
The Mises Institute website has been completely redesigned and is live today.
Guess who said this:
Sanctions are already undermining the foundations of world trade, the WTO rules and the principle of inviolability of private property. They are dealing a blow to liberal model of globalisation based on markets, freedom and competition, which is a model that has primarily benefited precisely the Western countries.
You probably didn’t guess Vlad Putin, did you?
I’ve long claimed that I am against hetero-sexual marriage. This was a partly tongue-in-cheek response to the homosexual marriage argument, and partly irritation with the fact that the state is involved in people’s intimate lives to such a ridiculous extent. I’m glad to see some Christian pastors refuse to conduct state marriages, gay, straight or otherwise. Good for them.
Prosecutor sent a guy to jail for 25 years by withholding evidence. He gets a 10 day prison sentence. That seems fair.
Another mid-level banker at one of the TBTF banks turned up dead this morning. Apparently, he committed suicide by cutting his own throat. I wonder why the C-level dudes aren’t turning up dead…
The Legatum Institute in London publishes an annual report about personal freedom around the world. The good news is that the US leads most of the rest of the world in personal freedom. The bad news is that we are number 21, behind such paragons of freedom as France, Austria, Malta and Portugal.