free market

Liberty Is Making the World Richer. You’re Included.

"In China and India, the pain has been minimal. That is because the economic effects of the earlier systems created such devastation. Think of the phrase, 'I've been down so long, it looks like up to me.' Think of China today and China in 1973 under Mao. The positive change has been greater than any seen in recorded history, and on a scale that was inconceivable in 1980. Every month, urban living space sufficient to house the population of Philadelphia gets built: 1.5 million people. When we are talking China and India, we are talking something in the range of 35% of the world's population moving out of either Communism or Fabian Socialism." Continue reading →

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China’s Smaller Cities Are Home to Growing Middle Class

"51 per cent of China's population, or 691 million people, are currently living in urban areas. Research suggests that by 2020, some 824 million people will be living in cities, an increase of 188 million. That's one and a half million new urban residents every month for the rest of this decade. By 2030, according to our analysis, there will be around 270 million more new urban residents in China. By our calculations, a company had to be in 60 cities to reach 80 percent of the country's middle class in 2005. Today, they have to be in 340 of them. And by 2020, they will need to be in 550 urban locations to reach that same percentage of the middle class population." Continue reading →

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The Incredible Shrinking Computer

"It just might be that manufacturers of these microdevices are sowing the seeds for the next crop of young hackers (who will increasingly come from the developing world, as all of its nascent talents are released). Traditional PCs may soon be regarded like the mainframes of old, and vast networks of tiny, interconnected devices like this could be the next big leap forward. Super-cheap chips, ubiquitous wireless, small form factors, open sourcing, and a large and creative community all are coming together to support the ongoing computer revolution, which never stands still." Continue reading →

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Tools of Modern Gunmaking: Plastic and a 3-D Printer

"Inexpensive 3-D printers have grown in popularity in part because they are easy to use. It is not even necessary to know how to create the design files that instruct the device to print bit after bit of plastic to build the object, as there are files for tens of thousands of objects available on the Internet, created by other users and freely shared. A lower receiver is the only part of an AR-15 that, when bought, requires the filing of federal paperwork. But it is legal to make an AR-15 for personal use as long as there is no intent to sell them. And if the lower receiver is homemade, no paperwork is required." Continue reading →

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Kim Dotcom wants to encrypt half of the Internet to end government surveillance

"The United States government says that Kim Dotcom, a German millionaire formerly known as Kim Schmitz, masterminded a vast criminal conspiracy by operating the file-storage site Megaupload. Dotcom, on the other hand, begs to differ. One year after the high-profile raid of his home and the shut-down of one of the most popular sites on the Web, Dotcom hosted a launch party for his latest endeavor, simply called Mega. On the anniversary of the end of Megaupload, Dotcom discusses the year since his arrest and what the future holds in regards to both his court case and the Internet alike." Continue reading →

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Gun Owners Boycott a Huge Outdoors Show. Show Shuts Down.

"The annual Eastern Sports and Outdoor Show normally attracts 200,000 visitors. It earns money from 1,000 exhibitors. Last week the British firm that owns it decided to ban all visible references to assault weapons, so called. No sales, no advertising, nothing. A boycott began. The NRA canceled. Then hundreds of exhibitors canceled. There were lots of stories about the boycott, as you can see here. The politically correct Brits who thought they would jump on the gun control bandwagon have announced that there will be no show . No show, indeed! Here is the official announcement. This will cost the company a pile of money." Continue reading →

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Northwest Territorial Mint: Silver Bullet Bullion

"Silver Bullet Bullion is the most powerful ammunition* against deficit spending, fiat currency, sovereign debt, quantitative easing, failed Federal Reserve policy, and rampant inflation ever minted by man! Shaped like the ammunition that will strike at the heart of failed government economic policies that threaten our economy and our fortunes, each round of Silver Bullet Bullion is ultimately REAL SILVER." Continue reading →

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Whole Foods CEO: Obamacare-Fascism Comparison Won’t Hurt Profits

"The CEO earlier this week criticized President Barack Obama’s health care reform law, saying 'it's more like fascism,' and that the government controls 'the means of production' in health care. Mackey later said in a segment on HuffPost Live on Thursday that he regretted comparing Obamacare to 'fascism,' despite remaining skeptical of Obama’s plan. 'I regret using that word now because it's got so much baggage attached to it,' Mackey said. 'Of course, I was just using the standard dictionary definition.'" Continue reading →

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Why Bitcoin is the banking industry’s newest, biggest threat

"Bitcoin’s big advantage is that it is essentially the cold, hard cash of the Internet. Instead of bills, Bitcoin’s software keeps a public ledger of every transaction among users. If a buyer and seller are running the software on their computers, they can directly exchange Bitcoins, anonymously and with no taxes or bank fees. Others can pay a company to process the payment. Bitcoin accounts are listed simply as a string of letters and numbers with no names attached, giving a level of anonymity impossible with debit and credit cards or even PayPal accounts." Continue reading →

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Company plans to mine asteroids with ‘FireFlies’ spacecraft

"A US company said Tuesday it plans to send a fleet of spacecraft into the solar system to mine asteroids for metals and other materials in the hopes of furthering exploration of the final frontier. In a first step, the company plans to send 'asteroid-prospecting spacecraft' into the solar system, with the first — 55-pound (25-kilogram) 'FireFlies' — to be launched in 2015 on journeys of two to six months." Continue reading →

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