R.I.P. Milton Friedman

Posted in Politics, Philosophy, Economics at 9:47 pm by Administrator

Milton Friedman

We lost another good one. Legendary laissez-faire economist Milton Friedman died today at the ripe old age of 94.

Friedman had a tremendous impact on economic policy in this country. He was also responsible for bringing ideas that many of us take for granted now, such as the connection between economic freedom and political freedom, into the mainstream consciousness.

I could stay up all night listing the rest of his accomplishments; but it’s easier to just tell you to read his Wikipedia article and its references yourself. (I’m tired, you see.)

Note that unlike many libertarians, Friedman understood the importance of compromise in pursuing political objectives. One of my favorite quotes from him summarizes it perfectly:

“I am a libertarian with a small l and a Republican with a capital R. And I am a Republican with a capital R on grounds of expediency, not on principle.”

This is probably why he was able to get so much done, unlike many of his capital L contemporaries.

P.S. I’ve added the blog of Milton Friedman’s anarcho-capitalist son, David Friedman, to my blogroll. I don’t agree with anyone David Friedman 100% of the time, but he does have some genuinely interesting insights. 


Mozart was a Red

Posted in Art & Drama, Humor, Philosophy at 7:02 pm by Administrator

This hilarious one act play was written by Murray Rothbard and performed at his birthday party in 1986. I stumbled across it while searching for Ludwig von Mises Institute documentaries. (It takes a little while to load.)

Mozart was a Red

I think it is readily apparent to whom the play is referring. If you need an explanation, the full script and a commentary are available here. Sorry L.P., sometimes the truth hurts. (It can also be funny.)

I think Bismarck’s quote about laws and sausages also applies to books. You may not want to meet the author.


Stamps as Art

Posted in General, Art & Drama, Philosophy at 1:51 pm by Administrator

Closeup of Ayn Rand Stamps 

The Post Office may be an inefficient, monopolistic, government run bureaucracy; but they sure do sponsor some nice stamps. Nick Gaetano’s art deco style is perfect for a postage stamp featuring Ayn Rand.

My sheet finally got back from the framer and she did a great job as usual:

Framed Ayn Rand Stamps

I decided to hang it in my office. My business involves a lot of mailing so this is a perfect addition to the room.

Despite a few good ones, most of the stamp themes the Post Office issues are rather boring. Therefore, I’ve compiled a list of some new stamp themes for the Postmaster General to consider.

  • Robert A. Heinlein (The background has some interesting possibilities. Think “I Will Fear No Evil.”)
  • Recent Hubble Photos (Not that stupid “Constellations” set they issued last year.)
  • U.S. Small Arms of WWII
  • Pulp SciFi Paperback Covers from the Sixties
  • Frank Loyd Wright Buildings (I’m in the process of buying the stamps featuring his face.)
  • Shock and Awe
  • Famous Pills (Aspirin, Valium, Prozac, Viagra, etc.)
  • U.S. Wartime Propaganda Posters
  • B-Movies
  • Rocky and Bullwinkle

There are so many possibilities.


Bad Idea

Posted in Movies & TV, Philosophy at 8:44 pm by Administrator

I know this is on Drudge. I’m posting it anyway.

According to a Variety.com article, Angelina Jolie and Brad Pitt have been suggested for the lead role in the proposed Atlas Shrugged movie. I must admit, I’m sickened by the thought.

Don’t get me wrong, Pitt sort of looks like he could be John Galt. I’m less sure about Jolie as Dagney, but my main problem is that they both are way too recognizable as themselves. I also fear that with them on board, the focus of the production would be more on the stars than on the plot or characters. Remember Mr. and Mrs. Smith?

The article also mentioned the budget would be “north of 30 million.” Seriously, is it possible to make a good movie for under 50 million? How ’bout an epic collapse of civilization movie based on an 1100 page novel? A Sound of Thunder cost 80 million and it was laughable. I know that with exceptional writing and talented direction a cheap movie can be done well, but look what we have gotten recently.

Maybe this movie just isn’t meant to be made.

Thoughts? Casting suggestions anyone?