Entrepreneurship

Oklahoma Doctors vs. Obamacare

"Three years ago, Dr. Keith Smith, co-founder and managing partner of the Surgery Center of Oklahoma, took an initiative that would only be considered radical in the health care industry: He posted online a list of prices for 112 common surgical procedures. The Surgery Center's consumer-driven model could become increasingly common as Americans look for alternatives to the traditional health care market—an unintended consequence of Obamacare. Patients may have no choice but to look outside the traditional health care industry in the face of higher costs and reduced access to doctors and hospitals." Continue reading →

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Berlin Becomes Latest ‘Bitcoin Hotspot’

"While Bitcoin’s traction has primarily occurred online through exchanges and with merchants who sell online, its use as a payment method for purchases at bricks-and-mortar retailers and for in-person trade is not found that widely just yet. There is progress though and it is occurring in geographic areas where clusters of Bitcoin enthusiasts exist. In these areas are the first real-world merchants that are finding commercial success from accepting the cryptocurrency. A growing cluster growing in Berlin is the latest (and potentially the largest) to form." Continue reading →

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Occupy debt-relief campaign buys, forgives $100,000 worth of debt

"Members of a debt relief project borne from the Occupy Wall Street campaign said Wednesday they have purchased more than $100,000 worth of medical debt in a second trial run for their efforts. Thomas Gokey, a spokesperson for the Rolling Jubilee campaign, said the debt was purchased for $5,000. Earlier this year, the group bought $14,000 worth of debt for $500. 'We are buying debt that is being sold on the secondary market for pennies on the dollar,' Gokey said in a conference call. 'We are doing it in exactly the same way that [debt collectors] do it, with one big difference: we are abolishing the debt as we buy it.'" Continue reading →

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The Nearly-Free University

"The entire education industry on the U.S. is based on an inflexible, increasingly marginal-return 'factory model.' We are 'training' millions of people in an assembly-line based on the assumption that academia is a limitless growth industry, when in fact it has reached the zenith of diminishing-return complexity and cost. Student would be encouraged to earn money via the work projects undertaken. Instead of owing $120,000 after four years of passive study, students might complete their University experience with earnings in the bank. The Nearly Free University model would educate the 95% who do not need PhDs." Continue reading →

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Brooklyn pot dealer donates proceeds to hurricane survivors

"A man in Brooklyn says that he raised $700 for victims of Hurricane Sandy in two days by selling pot. The marijuana dealer told The Huffington Post that he came to the conclusion that storm victims without power in Rockaways, New York needed money more than they needed weed. The dealer said that he told his customers that he would be donating money to buy 'hot meals, diapers, formula, clean water and other supplies' so they stocked up on pot for the cause." Continue reading →

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World’s First 3D Printing Photo Booth to Open

"What’s being called the world’s first 3D printing photo booth is set to open for a limited time at the exhibition space EYE OF GYRE in Harajuku. From November 24 to January 14, 2013, people with reservations can go and have their portraits taken. Except, instead of a photograph, you’ll receive miniature replicas of yourselves." Continue reading →

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Christie administration files suit against 8 businesses accused of price gouging

"Governor Chris Christie, Attorney General Jeffrey S. Chiesa, and the New Jersey Division of Consumer Affairs today announced that the State has filed civil lawsuits against eight New Jersey businesses, accusing them of unlawful price gouging while consumers were in need of fuel, shelter, and other essentials during the Hurricane Sandy state of emergency. The defendants include seven gas stations and one hotel. Violations of the price gouging statute are subject to civil penalties of up to $10,000 for the first offense and up to $20,000 for subsequent offenses." Continue reading →

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Lew Rockwell: The First 30 Years of the Mises Institute, and the Future

"Mises Institutes have been formed – spontaneously, without any direction from us – in countries all over the world, including Brazil, Poland, Canada, Switzerland, Germany, Japan, Russia, Italy, Estonia, Ecuador, Finland, Israel, Portugal, Ukraine, Romania, Sweden, Belgium, Colombia, South Africa, the Czech Republic, Latvia, and Slovakia. We have accomplished all these things without a billionaire, and without an obsessive eye to mainstream respectability. We have achieved them thanks to you, and thanks to a faculty and staff dedicated to the cause of truth." Continue reading →

Continue ReadingLew Rockwell: The First 30 Years of the Mises Institute, and the Future