February 2012
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Intranational intertemporal introspective...
American culture of 1963, the thursday when JFK was assassinated, was a far more monolithic one than we know of today. How often do we consider this?
“On this Thursday, November 21, television’s prime-time lineup included The Flintstones, The Donna Reed Show, My Three Sons, Perry Mason, and The Perry Como Show, but it was the fourteenth-rated show, Dr. Kildare, that made Time...
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A lesson in economics from Hong Kong
It is widely agreed upon by independent sources that Hong Kong is one of the most, if not the most, free economy in the world. As such, let us review a few numbers:
Population: 7 Million; Working population: 3.75 Million
A single person can earn HK$108,000 a year (about US$14,000) before owing any tax
a married person with a dependent spouse can earn HK$216,000 (US$28,000) tax-free.
For...
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“The electors of a ‘legislature’, whose members are mainly concerned...”
– Freidrich A. Hayek, Law, Legislation and Liberty, volume III (1981)