Category Archives: News and politics

What is the 51% Problem?

With the sudden rise of GHash.io as the number one mining pool, the 51% “problem” has again come to the forefront of people’s attention. It’s about time we pay attention ourselves and think clearly about this issue. At the outset, … Continue reading

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Total Market Breakdown

It took a couple of days after typhoon Yolanda has left for people to realize how devastating she has been. The hardest hit was the island of Leyte in which more than a thousand dead have been recovered, and the … Continue reading

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Negative Effects of Weakened Property Rights: IPRA Law as a Prime Instance

(Important note: although in this article I advocate dismantling the IPRA law, I do not advocate disobeying the law as it currently exists. As a citizen and resident of the Philippines, I abide by all Philippine laws.) Our 1987 Philippine … Continue reading

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In Response to “6 Things Rich People Need to Stop Saying”

A Response to http://www.cracked.com/blog/6-things-rich-people-need-to-stop-saying/ Liberalism is in retreat, and nowhere is this more evident than in the contrast between the Occupiers and the Tea Party. The truth is that the 99 percenters identify themselves more with Tea Partiers than with … Continue reading

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The Government Cannot Be Benevolent, and Shouldn’t Even Try To Be

I do not mean to say that we should not help the poor. Far from it. All I am saying is to keep the government out of our charitable giving. Why? Because whenever and wherever the government is involved, there … Continue reading

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The Sweet Spot for Taxes

A blogger called evilgenius has this graph of prices versus revenues for ebooks: Price versus Revenue Showing Sweet Spot In this graph, the sweet spot price point is between $3 and $4. Graphs like this are commonly shown to marketing … Continue reading

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The Parable of the Good Father and National Five-Year Plans

A good father went against his instinct and let his second son go out on his own, out of the protective confines of his (the father’s) world, into the world outside. He would not have done so, knowing how cruel … Continue reading

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