Category Archives: Personal

Life updates, reflections, and everything that doesn’t fit neatly into another category.

Houston

Back in Houston, finally, and it’s nice adjusting back to old habits and comforts. Besides family and pets, I think the thing I missed most were my speakers, and it’s bliss to hear high fidelity sound again. Uploaded the last day from the trip, so enjoy! I’m also working on some layout/design changes for this site. The plan is to have a different theme for every month.

Hurricanes are great!

A common misconception of students of economics is that events that normally would be viewed as economic detractors actually stimulated. I’ve heard this called the ‘window’ argument before: if someone walks down the street and throws rocks at all the windows, then all of a sudden the window man has work! He will use that money to eat at restaurants, buy clothes, send his child to college, and the world will be a better place. From the beginning this argument sounds a little off, and in this context, the flaws of the argument are especially obvious.

The money that was used for repairing existing facilities could have been better redirected towards capital investment, or any other sort of monetary allocation that increases long-term growth prospects. Anything that promotes inefficient allocation of resources (regulations, quotas, mandates, tariffs, etc.) ultimately hurts the country in the long run. It would take someone pretty heartless to bring this up in the context of the Trade Center, but in situations such as hurricanes where there is usually high property damage but only minimal loss in life the argument still seems to rear its ugly head. Perhaps it’s a simply a misinterpretation of creative destruction :).

Church Condemns “radical libertarianism” on internet

Ethics in Internet

The ideology of radical libertarianism is both mistaken and harmful?not least, to legitimate free expression in the service of truth. The error lies in exalting freedom “to such an extent that it becomes an absolute, which would then be the source of values….In this way the inescapable claims of truth disappear, yielding their place to a criterion of sincerity, authenticity and ‘being at peace with oneself’ There is no room for authentic community, the common good, and solidarity in this way of thinking.

Ouch. As a Catholic this harsh criticism from the Church concerns me. They seem to be having as much trouble as anyone adjusting to the changes brought on by the net.