Menckenism: Has Your CEO Been Suborned Into Trampling the Constitution?

            by BILL FREZZA             One of Martin Luther's indictments against the medieval Catholic Church was the selling of indulgences. If the law was not applicable to all and could be suspended to advance personal, political, or pecuniary objectives, a corrupt clergy would know no bounds.             Are we now due for a reformation of our corrupt temporal institutions?             The Constitution of the United States was constructed on four principles. First, the government would be based on the rule of law, not the whims of men. Second, the central government would be limited to strictly enumerated powers. Third, the exercise of those …

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FEE: Lessons in Disaster Recovery

            by DANIEL SMITH and LAURA GRUBE             The EF-5 tornado that ripped through Moore, Oklahoma, left 24 fatalities, nine of them children. An estimated 12,000 homes and many businesses were destroyed or damaged along the estimated 17-mile-long, 1.3-mile-wide tornado path. It’s hard to get your head around that kind of devastation.             While the immediate concern is response and recovery, the residents of Moore will soon have to turn to the task of rebuilding. But among the first steps toward emotionally healing from the storm is removing the debris—that is, the physical vestiges of the storm. …

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David Friedman’s Two Ways to Produce Cars via Cafe Hayek

            “There are two way we can produce automobiles.  We can build them in Detroit or we can grow them in Iowa.  Everyone knows how we build automobiles.  To grow automobiles, we first grow the raw material from which they are made — wheat.  We put the wheat on ships and send the ships out into the Pacific.  They come back with Hondas on them.             From our standpoint, growing Hondas is just as much a form of production — using American farm workers instead of American autoworkers — as building them.  What happens on the other side …

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