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
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
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
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
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
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
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
What is Freedom?
I challenged a discussion group, whose members are graduates of my alma mater, to think about why our motherland Pinas is behind in a lot of areas. Somebody responded that may be we need to be more generous, and really care … Continue reading
What is Money?
The love of money is the root of all evil. 1 Timothy 6:10 (King James Version) He had heard people speak contemptuously of money: he wondered if they had ever tried to do without it. W. Somerset Maugham Of Human Bondage. … Continue reading
What is Exploitation?
There is one word that has befuddled all talk of political versus economic power. It is a word that is used by "social reformers" to mean a kind of "injustice" perpetrated by the moneyed class on the poor. The word … Continue reading
Perpetual Cycle of Life 