January 25, 2013
“Big Pharma” patrols the high seas in search of plunder and patent infringement.
This headline comes to us from the venerable Democracy Now! news hour of January 23, 2013:
“Fire in the Blood”: Millions Die in Africa After Big Pharma Blocks Imports of Generic AIDS Drugs
When I saw this headline rolling up my facebook feed as most shared from Democracy Now!, two thoughts hit me almost at once.
The first thought was that Democracy Now! is to be commended for bringing this monumental story to us. Millions of people are out there dying, and I haven’t heard boo about it from any other media source. This is standard fare. If you want to get the scoop, tune into Democracy Now!
To understand my second thought, you must realize that I am a libertarian Juris Doctor. As a law guy, I tend to take things rather literally. So upon encountering a headline alleging that Big Pharma is blocking imports of generic drugs, I promptly envision the private fleet of pirates that Pfizer and AstraZeneca must have hired to swashbuckle and maraud and pillage the vessels of competing merchants. I delighted in this anti-corporate progressive fantasy for about ten seconds before hypothesizing the reality:
“Big Pharma isn’t blocking anything,” I suspected. “I’ll bet you dollars to donuts that some government is blocking those imports at Big Pharma’s behest, and I’ll have to see the story to find out which one and why.” Read the rest of this entry »
January 30, 2011
Police video shows how drug raid turned deadly | The Salt Lake Tribune
“He was not a dealer,” Arlean Blair insists. “I know that he used … but he was not a drug dealer. A drug dealer has lots of money and nice things. If you looked in his house, he had nothing. He gave everything away to people who were having trouble. … It isn’t clear from evidence logs whether investigators found the drugs they were looking for. There was paraphernalia and ‘a small, pink plastic bag with a white crystal substance.’”
The Weber County Attorney’s Office found the shooting to be legally justified under Utah Law. This is drugs. This is the War on Drugs. Any questions?
SpringerLink | A Critique of Powell, Woods, and Murphy on the 1920-1921 Depression
The Austrian School’s “Great Depression of 1920” line of reasoning goes like this: Following the First World War, America fell into a depression the first year of which was worse than that of the Great Depression. The government then did very little in the way of stimulus then, and the economy recovered basically on its own within a couple of years. By the 1929, America saw the onset of the Great Depression. Over a decade of New Deal government intervention did not get us out of that depression. To the contrary, New Deal meddling prolonged the Great Depression. Over a year and a half has passed since I first heard this account, and I have not come across so much as a peep in response from the interventionists….until now. The Austrian Review of Economics first published this article online in late October, 2010. I have not yet read this article because it costs $34 to download, but the author, Daniel Kuehn, responds to a critique of the article here.
Posted from Diigo. The rest of my favorite links are here.