I, Pencil: The Movie
"A film from the Competitive Enterprise Institute, adapted from the 1958 essay by Leonard E. Read. For more about I, Pencil, visit www.ipencilmovie.org" Continue reading →
"A film from the Competitive Enterprise Institute, adapted from the 1958 essay by Leonard E. Read. For more about I, Pencil, visit www.ipencilmovie.org" Continue reading →
http://www.economicpolicyjournal.com/2012/11/thanks-to-capitalism.html
"It beats waiting in line at an Apple Store. A pair of brazen crooks punched another hole in the lax JFK security when they stole a trove of new Apple iPad minis — worth $1.5 million — from the same cargo building that was the site of the 1978 Lufthansa heist featured in 'GoodFellas,' The Post has learned. The crooks struck shortly before midnight on Monday and used one of the airport’s own forklifts to load two pallets of the tablet computers into a truck, according to law-enforcement sources." Continue reading →
"While consumers began to complain in response to media coverage over working conditions, prompting Apple to hire an audit of the factories, Foxconn’s President Terry Gou had another idea for dealing with labor concerns: replace people with robots. In fact, last year Gou said that the company would be aiming to replace 1 million Foxconn workers with robots within 3 years. It appears as if Gou has started the ball in motion. Since the announcement, a first batch of 10,000 robots — aptly named Foxbots — appear to have made its way into at least one factory, and by the end of 2012, another 20,000 more will be installed." Continue reading →
"After over 100 years we face a society quite different from the one that was intended by the Founders. In many ways their efforts to protect future generations with the Constitution from this danger has failed. Skeptics, at the time the Constitution was written in 1787, warned us of today's possible outcome. The insidious nature of the erosion of our liberties and the reassurance our great abundance gave us, allowed the process to evolve into the dangerous period in which we now live." Continue reading →
"To justify the additional payment method, the company noted that PayPal alone blocks access from over 60 countries, and many credit card companies have similar restrictions, for political reasons, financial reasons, and/or due to higher fraud rates. If you’re already using Bitcoin, Automattic says you’ll find this payment method even easier than paying by credit card. You’ll see the amount due in BTC and the address of a wallet created just for your transaction. As soon as the company receives notification of the transaction, your purchase is complete." Continue reading →
"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 →
"The RIAA has welcomed a mind-boggling jail sentence handed to a man who sold pirated movies and music. The 37-year-old man pleaded guilty to six felony counts of selling counterfeit media after he sold five movies and one music CD to an undercover investigator without the permission of copyright holders. As a result he will go to jail in Mississippi for 15 years to be followed by three years of supervised release." Continue reading →
"Police were searching for an armed suspect when the Oct. 7 incident took place. They said Chris Schulte, who lives in the area and was walking with his dog, Teela, in the direction of the search area, refused their orders to stop. Schulte admitted 'I was just walking on,' but said the dog never behaved aggressively. Schulte was arrested and charged with obstructing police and resisting arrest." Continue reading →
"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 →