Chyden Finance: profit from hypocrisy

Hot on the heels of The Onion’s report that soccer is gay, BBC News reports agents of the Fédération Internationale de Football Association (FIFA) ejected three dozen scantily clad Dutch women from the stadium during the Netherlands vs Denmark World Cup match, Monday 14 June 2010.
This apparently was because the women were wearing short, tight, [...]

Asia Times Online reports, “Life-saving medicines could become too costly for the world’s poor after a new trade agreement between the European Union and India comes into effect.”
According to the US Constitution, the purpose of patents is to promote innovation, however they more commonly are used to secure monopoly profits.
In general, two kinds of monopoly [...]

A friend recently asked me for a letter of recommendation to accompany his application to enter a PhD program in Economics that has an emphasis on the Austrian School. He and I have known each other for more than a decade and we have worked together in academic and non-academic settings. He has [...]

The Revolution Will Be Animated from Marine Lormant Sebag on Vimeo.
Nina Paley has an outstanding understanding of the economics of public goods. This is the face of the entertainment’s future.
Unfortunately, she doesn’t take the argument to its logical conclusion and embrace the public domain.
Share accordingly.
CWE

A tip of the hat to Paul Vahur for bringing this to my attention.

This by Nina Paley, who produced the delightful Sita Sings the Blues.

Recently, Darrel Ince wrote, “Many climate scientists have refused to publish their computer programs. I suggest is that [sic] this is both unscientific behaviour and, equally importantly, ignores a major problem: that scientific software has got a poor reputation for error.”
Ince cites work conducted by Les Hatton, “an international expert in software testing resident in [...]

New York Magazine reports that the chairman of the New York Times, media dinosaur Arthur Sulzberger Jr., is about to start charging for access to its content.
Here’s a photo of the left-looking chairman. Ironically, he thinks that he is looking to the right. Is that a fantastic metaphor, or what?!?

Picture this:
You are [...]

Recently, I addressed the critical economic fallacy that underlies Marxism. In particular, when Dickens, Engels, and Marx wrote their critiques of the Industrial Revolution, “economists had not yet abandoned the Labor Theory of value in favor of the Marginal Theory of value that was introduced in the 1870s by Jevons in England, Menger in [...]

Engels and Marx wrote in the mid-19th Century in opposition to what they believed to be the abuses of industrialization. To understand why their ideas failed, it helps to bear two critical facts in mind: a) the institution of large-scale, centralized manufacturing and its concomitant widespread wage-income were relatively new, and b) economists had [...]

One of the distinguishing characteristics of colony is that it is a jurisdiction that exports raw materials and imports finished goods from the jurisdiction to which the raw materials were exported.
For example, historically, British weavers imported cotton and silk from India and exported finished cloth and apparel to India. In this way, [...]