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Posts by Kathleen McCaffrey  (Page 3)

DSK play-by-play

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Posted by    Monday, November 28, 2011 at 11:11am

Edward Jay Epstein wrote an extremely interesting piece on the day that the US became acquainted with DSK‘s name. Important parts of the piece that a lot of outlets left out:

  • What took place between DSK and the maid in those six to seven intervening minutes...
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The EU gets philosophical

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Posted by    Saturday, November 26, 2011 at 2:15pm

(at their own peril.)

I read an article in the German newspaper, Der Spiegel, that really got my eyes rolling. It is titled “Habermas, the Last European”:

Jürgen Habermas, 82, wants to get the word out. He’s sitting on stage at the Goethe Institute in Paris. Next to him sits a good-natured professor...

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Hope, Economic Literacy

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Posted by    Wednesday, November 23, 2011 at 2:45pm

Barack Obama flopped it in NH when he was heckled during a speech: 

‘A lot of the folks who have been down in New York and all across the country, in the Occupy movement, there is a profound sense of frustration,’ he said. ‘There is a profound sense of frustration about the...

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Super Committee Roundup

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Posted by    Monday, November 21, 2011 at 5:02pm

From the AP: 

With the collapse of the deficit-cutting supercommittee, Congress’ emergency backup budget-cutting plan now is supposed to take over — automatic, across-the-board spending reductions of roughly $1 trillion from military and well as domestic government programs.

But the big federal deficit reductions that are to be triggered by Monday’s supercommittee collapse...

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Ayn Rand is not a synonym for libertarianism.

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Posted by    Monday, November 21, 2011 at 3:30pm

Not that anyone who should try to find out about the distinction would care, but Ayn Rand ≠ libertarianism.

I recently had an email forwarded to me by a friend on an “Occupy” listserve from an academic with the subject line “A little something for the libertarians” with a copy/paste of an article

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How we should discuss income inequality

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Posted by    Saturday, November 19, 2011 at 1:48pm

I’ve been trying to articulate the way to engage with OWS-sympathizers for the past few weeks. It’s hard to write-off some aspects of the OWS gripes: some sectors have seen an inordinate amount of favoritism from the government while a lot of the middle class has fallen on hard times. My...

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The EU sense of humor.

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Posted by    Friday, November 18, 2011 at 3:00pm

It’s easy to pick on the EU’s operation in Brussels. When they aren’t spending six figures on cocktail parties, they choose to spend their time whining or condemning things normal people don’t even think to discuss. For example:

Brussels bureaucrats were ridiculed yesterday after banning drink manufacturers from claiming that water can...

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The most articulate advocate of freedom.

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Posted by    Wednesday, November 16, 2011 at 1:40pm

I’m not one for commemorating anniversaries and dates. And, even if I was, I can’t attach a date to most of my important revelations and discoveries.

That being said, I do have an exception.

Milton Friedman died exactly five years ago today. I remember this well because I had never heard of him...

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Baker Boycott

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Posted by    Tuesday, November 15, 2011 at 1:35pm

I came across a story about a Christian baker in Iowa who is being boycotted for refusing to work with a gay couple.

I love boycotts with a passion, regardless of which side I’m on. Commerce is meant to be a voluntary association where goods are exchanged. Oftentimes prices, competitors,  or...

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Your Daily Reminder

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Posted by    Tuesday, November 15, 2011 at 12:00pm

that free markets are integral to growth, prosperity and betterment in a modern society:

In fifty years Hong Kong was transformed from one of the poorest places on earth to one of the richest.

Despite having no natural resources, indeed not even enough drinking water to support its population; despite terrible over-crowding; despite the absence...

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OccupyCornell, part two.

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Posted by    Saturday, November 12, 2011 at 11:51am

I, alongside my friends from the libertarian and Republican clubs, went to the OccupyCornell weekly meeting yesterday afternoon. It was a tremendous departure from the “real” OccupyWallStreet and, thus, far more tolerable. However, it was still pretty pathetic. Here’s why:

What are these guys protesting? “The Ivy to Wall Street Pipeline.”

“It is...
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Constructive Procrastination

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Posted by    Friday, November 11, 2011 at 10:30am

Dr. David Friedman posted a link to his most recent work on his blog. The selection is titled “Legal Systems Very Different from Ours” and it is a really fascinating read.

In Athens:

The A...

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When the hand that feeds you also bites you

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Posted by    Thursday, November 10, 2011 at 3:39pm

From the WSJ:

Wall Street may have lost its appetite for Mario Batali.

Mr. Batali, the celebrity chef famed for his orange Crocs, red pony tail and bold ragus, has long been one of the premier restaurateurs to the New York financial elite….  Speaking on a panel at a Time magazine “Person of the...

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Chinese state “capitalism”

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Posted by    Wednesday, November 9, 2011 at 3:04pm

As I mentioned yesterday, Ying Ma came back to Cornell last night to present her take on “Chinese state capitalism.” I took notes on the presentation:

Basic overview: In the 1990s, China had an acrimonious relationship w. US. Politicians and commentators were constantly complaining about China’s stance on human rights & allegations...

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