Blog Archives

Turkey Fryer Fire Demonstration, presented by William Shatner & State Farm®

William Shatner loves deep-fried turkey, but over many Thanksgivings and Christmases he's made mistakes, burned himself, and nearly burned down his house. In this dramatic retelling, Bill shows us how dangerous turkey fryers can be. Watch a real turkey fryer fire: http://www.youtube.com/watch?v=ETBD0EqQGoU View the photo slideshow: http://statefarm.socialshare.mobi/shatner Safe Turkey Frying Tips 1: Avoid oil spillover–don't…

Russian news anchor shows Obama the middle finger

translation: “Today, Dimitry Medvedev, became a chairman of Asia-Pacific Economic Cooperation (APEC), earlier, this position was taken by an american president, Barack Obama (flip off). During the press conference that took place in the capital of Hawaii, Honolulu, Medvedev spoke on this matter as well as cooperating with Americans on anti-missile defense system.”

In Defense of the Market’s Worst Producers

This is a story about a few people I've known who lived “on the margin,” and how I believe Austrian thinking applies to them and probably countless others like them. Students of Austrian economics will be familiar with the concept of marginality. Carl Menger's marginal-utility theory of value revolutionized economic science: every textbook deals with…

Proposed Financial Protocol Standards Could Legitimize Virtual Currencies

Payward Inc, which you might remember as the group behind Ogrr.com, has submitted two draft proposals to the IETF which, if implemented, would form the framework for the legitimization of virtual currencies like Bitcoin, and mark the first steps toward the elimination of the archaic financial framework upon which we currently depend. The first proposal…