no third solution

Blogging about liberty, anarchy, economics and politics

Depleted Uranium is a War Crime

David Z | July 27, 2010

The US military continues to use depleted uranium in tank armor, ordnance, anti-tank and/or armor-piercing rounds, small arms rounds, etc., despite the fact that DU turns ordinary weapons into radiological dirty bombs, (”They fit the description of a dirty bomb in every way,” says Marion Falk,

Struggle

David Z | July 25, 2010

This little ant was carrying a (relatively) enormous fly, all by himself. Or, attempting to. He kept going round in circles for some reason.

What Does a Libertarian Economy Look Like?

David Z | July 24, 2010

So it’s a gross misunderstanding, I think, to characterize the Austrians as gold-fetishists (although there are certainly some worthy of that). In fact, it’s not advocacy of an “economic system”, but rather a belief that in the absence of any coerced “system”, a free market settles upon a common medium (or perhaps, media) of exchange.

What Does a “Dismal” Quarter Look Like for Goldman Sachs?

David Z | July 20, 2010

Goldman Sachs had a relatively dismal Q2 with earnings per share dropping 83% to 78 cents. But “relatively” is what matters. Relative to Q1, where in 63 trading days GS did not lose even once, and according to their SEC filings, they netted at least $100M on 35 different days.