Category Archives: Free Markets

A Qwickster Response from Netflix

Business, Capitalism, Democracy, Free Markets, Technology, The State

Netflix upset its fractious, spoiled-rotten patrons by raising prices (which were at a rock-bottom low), and separating its on-demand internet streaming service from the DVD-by-mail business (now called Qwikster). No sooner did Netflix customers begin whining, than the company sprung into action—within weeks.

Netflix CEO Reed Hastings has been groveling to the only voters who count in the true democracy that is the free market: “I messed up. I owe you an explanation … we lacked respect and humility,” all ridiculous and untrue, but necessary if this shrewd businessman is to please his only lords and masters: the buyers.

Despite this Qwickster response, the same misguided patrons refuse to appreciate the wonders of free-market capitalism and will keep begging for more of Uncle Sam’s screw-you, coercive services.

Should the Fretboard Man Fret?

Business, Free Markets, Government, Individual Rights, Law, Music, Natural Law, Regulation, Technology

The house virtuoso does not own a Gibson guitar; he dislikes them with a passion. Being one hell of a neoclassical, instrumental guitarist, Sean Mercer has his reasons. (Listen to the YouTube posted below.) He does, however, own the following fine instruments, which are crafted with assorted hardwoods, some rare, and possibly illegal:

Carvin DC747 (Maple)
Carvin AC275 (Hawaiian Koa body & neck, Ebony bridge)
Carvin AC175 (maple, ebony)
Carvin LB76 (Curly maple)
Carvin IC6 (Walnut, maple)
Carvin NS1 classical (mahogany, ebony bridge & fretboard)
Warwick Streamer (Wenge, maple) – Germany
Warwick Double Buck (Wenge neck, Alder)
Yamaha Classical (Rosewood back & sides, Ebony, Spruce)
Jackson SL1 (maple)
Kramer Stagemaster (Maple, ebony fretboard)
Kramer Pacer (Rosewood fretboard, maple)
Dean 7 string (mahogany body, maple neck, ebony fretboard)
Brian Moore iGuitar (Rosewood fretboard, alder border)

For the possession/importation/smuggling of “rare ebony wood from India used to make some of the world’s most coveted guitars,” US federales have raided the Tennessee plants of Gibson Guitars.

The meek chief executive of Gibson Guitars, Henry Juszkiewicz, pleaded plaintively with the public: “We were not engaged in smuggling. ‘We have been importing fingerboard stock on a regular basis from India for 17 years.'”

He might have pointed to the fact that this is part of the feds’ ongoing criminalization of naturally licit behavior, and that, last he looked, ex post facto prosecutions were unconstitutional. In other words, when Gibson began importing these woods, the practice was legal. It is unconstitutional to criminalize actions that were legal when committed.

Business in the US is anything but Randian; it adopts an obsequious manner with the both the pitchfork-hoisting public and our DC Overlords.

Downsize the “Oink Sector”!

As promised, here is a piece from the CD “Electric Storm,” by instrumental guitarist Sean Mercer. Sean’s compositions were featured in Guitar Player Magazine. Wrote the great Mike Varney:

Sean’s demo showcases his skills as a producer, engineer, writer, performer, and keyboardist. His set of neo-classical instrumentals are [sic] reminiscent at times of works by Tony MacAlpine. Complex arrangements, tightly played ensemble lines, and a grand display of thematic solo work should make this tape of particular interest to neo-classical fusion fans. [Mike Varney, Guitar Player, October 1991]

Leech-In-Chief Robs Job Market

Barack Obama, Business, Debt, Economy, Free Markets, Labor, Political Economy, Regulation

Robbing Peter to pay Paul impoverishes. Put differently: this month, the proverbial Peter was unable to create prosperity that would have redounded to all Americans. The leech-in-chief and the political parasites surrounding him have put in place policies which guarantee that the U.S. job market flat-lines, as it did this month. “The worst performance since last September, the Labor Department said.”

Heartbreaking are the images of “job seekers waiting to enter job fairs”—which in themselves often appear to be feel-good affairs organized by ruthless politicians eager to be perceived as doing something.

In the interim, when he’s not preparing to wow us with his words—a disappearing act would be more welcome—President Obama is hiring. He has just nominated a new bloodsucker to advise him on economics. Does Alan Krueger truly believe that fixing the price of labor via minimum wage laws is not such a bad idea? Apparently so.

Considered a form of price control, minimum wage laws create poverty by creating unemployment among the poor and unskilled. “Fixing the price of labor above the market rate or the productivity of the employee as the minimum wage does causes surpluses of labor. The jobs would exist had government not legislated them out of the reach of those who need them.”

They are the individuals in the images.

BHO is also poised to do some more taxing, printing, and borrowing.

A glimmer of good news can be gleaned from the WSJ report: “Cuts in the public sector entirely offset the private sector’s gain of 17,000 jobs.”

If only the poor people standing in line at these job fairs—often only to meet and greet a greasy politician—understood that every little slash at the “Oink Sector” helps to seed a job in the real sector.

UPDATED: Is ‘Multidisciplinary’ the Academic Equivalent of ‘Multiculturalism’?

Ancient History, Education, Free Markets, Human Accomplishment, Left-Liberalism And Progressivisim, Multiculturalism, Propaganda, The West

Looking over the impressive resume and interests of an academic—an acquaintance of a friend— in the applied sciences, the following occurred to me: In the world of the boffins and scientists of research and development (R&D), “multidisciplinary” education is the equivalent of “multiculturalism.”

“Multidisciplinary” education seems to be the buzzword—key to showing how “relevant” and contextualized you and your field of endeavor really are in a hip and evolving world.

My suspicion was reinforced while watching a C-Span segment in which a leading female head of department at MIT engineering waxed fat about what fun she was having designing “work spaces” that “brought together” just about every other department in the world (social work, education).

The aim of all the fun? Coaxing America’s lazy kids into thinking of science and math as fun. (A better, more-sustainable approach would be to teach America’s already dumbed-down, increasingly dispensable secondary-school students that most things worth learning are never plain fun, but are a function of effort and practice, i.e. a good deal of rote. The fun comes when the tough stuff has been mastered.)

Naturally, engineer and physician will collaborate in the design of a prosthetic limb. But the trend observed goes beyond preaching about practical cooperation in bringing beneficial products to markets, something that already occurs spontaneously in the market.

Like “multiculturalism,” the “multidisciplinary” concept is an ideological construct designed to bring about “change.”

What kind of change?

“Intellectual disciplines,” historian Keith Windschuttle has written, “were founded in ancient Greece and gained considerable impetus from the work of Aristotle who identified and organized a range of subjects into orderly bodies of learning. … The history of Western knowledge shows the decisive importance of the structuring of disciplines. This structuring allowed the West to benefit from two key innovations: the systematization of research methods, which produced an accretion of consistent findings; and the organization of effective teaching, which permitted a large and accumulating body of knowledge to be transmitted from one generation to the next.” (The Killing of History, Keith Windschuttle, Encounter, pp. 247-250)

The concept of the intellectual discipline is inseparable from Western canon and curriculum.

Yet this has been the aim—and, arguably, the signal achievement—of the postmodern tradition: to completely dismantle one of the greatest achievements of Western Civilization: the intellectual discipline. (This is why your fun-addicted kids “study” not history, but so-called “social sciences” or “cultural studies” in secondary and tertiary educational institutions.)

Is “Multidisciplinary” yet another one of those clever catchphrases that couches a contempt for the traditional Western notion of an intellectual disciplines?

UPDATE (Aug. 30): CHINA. I’m always amazed that Americans would call China militant, when it is the US that is starting and conducting wars all over the world. Our esteemed reader below sounds a little like Donald Trump, which is not a good thing.