The arrest of Kim Dotcom and the raiding of Megaupload plays into the SOPA & PIPA argument about stopping online piracy. Goggle & Wikipedia just did a blackout to protest these pieces of legislation. The problem with this whole area of legislation is that it is dominated by special interests instead of based on fundamental understandings of property rights and the due procedure. The two groups doing battle are Hollywood and the content providers against Google/Wikipedia and the free internet nuts. The legislation was written by Hollywood and basically allows the government to take down a
website without any due process. It allows “in rem” suits in which
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According to an article, entitled “House Passes First Crowdfunding Legislation” the House has passed a bill modifying the securities law to allow “crowdfunding.” The proposed legislation appears to be a fairly well crafted piece of legislation, which is quite unique for Congress lately. The bill is less than 2000 words and does not appear to have any special interest provisions. The Bill would allow companies to raise up to $1M online within a year without audited
It Is Dangerous to Be Right When the Government Is Wrong: The Case for Personal Freedom, by Andrew P. Napolitano
Judge Napolitano has written an excellent book on Natural Law from the perspective of an attorney. He attacks legal
Positivists, who believe the law is whatever the government says it is. He points out the moral bankruptcy of Positivists by pointing out that they have no logical basis to be against Hitler’s final solution of wiping out all Jews – since it was a validly passed law. He also rejects
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The Heritage Foundation has just released its Index of Economic Freedom. The US has fallen to 10th place in the rankings. It appears the President Obama’s idea of fundamentally remaking the US is to no longer have the US the LAND OF THE FREE.
Fixing our economy and our unemployment problem is a straight forward case of increasing our ranking of economic freedom. The Heritage Foundation put out an excellent video explaining the results of a declining level of economic freedom.
The passage of the America
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Darin Gibby, a patent attorney, has written the book Why America Has Stopped Inventing?. Let me first say that I agree with Mr. Gibby’s premise that America has quit inventing and that it is hurting our economy.
The book has an excellent review of the history of how patent law developed in the US, with the 1836 Patent Act playing the hero of the book. The Act was modeled on the patent statute in Venice in the 1400s, according to Gibby. This leads to an explosion of invention in the United States and in
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This is a multi-part post on the science of economic growth. Standard economic theory has failed miserably to define the source of economic growth, which means it is impossible for it to provide rational policies to restore economic growth. This series of posts defines a scientific theory of the source of economic growth.
Natural Laws of Invention
With this in
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This is a multi-part post on the science of economic growth. Standard economic theory has failed miserably to define the source of economic growth, which means it is impossible for it to provide rational policies to restore economic growth. This series of posts defines a scientific theory of the source of economic growth.
Perfect Competition vs. Monopolistic Competition
There has been a
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This is a multi-part post on the science of economic growth. Standard economic theory has failed miserably to define the source of economic growth, which means it is impossible for it to provide rational policies to restore economic growth. This series of posts defines a scientific theory of the source of economic growth.
Exogenous vs. Endogenous
The phrase “I am my brother’s keeper” is used to explain a moral goal or imperative. The word ‘brother’ does not mean your biological brother, but those people in your community, or country, or really every other human being in the world. The word ‘keeper’ is used to mean that you have a moral responsibility to help every other human being in the world. This responsibility means that you are to put their needs before your interests and your moral goal is that people exist to serve others. In other words, the phrase ‘I am my brother’s keeper’ enshrines SLAVERY as a moral goal. Slavery is the condition in which you have no right to exist for yourself, your only right to exist is to serve others. Note that all
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Background
It has been two year since I published my book The Decline and Fall of the American Entrepreneur: How Little Know Laws and Regulations are Killing Innovation. The book explains that the only way to increase real per capita income is by increasing our level of technology. This can be accomplished by capital equipment purchases, which upgrade plant
and equipment with newer technologies or
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Recent Posts
- SOPA, PIPA and Kim Dotcom
- H.R.2930 Crowdfunding Passes House
- Book Review: It Is Dangerous to Be Right When the Government Is Wrong: The Case for Personal Freedom
- Obama’s Fundamental Change Means – US is No Longer the LAND OF THE FREE
- Book Review: Why America Has Stopped Inventing?
- The Science of Economic Growth: Part 5
- The Science of Economic Growth: Part 4
- The Science of Economic Growth: Part 3
- A Christmas Tale: ‘I Am My Brother’s Keeper’ – and How it Applied to Patents
- Long Term Economic Predictions 2011


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