Category Archives: Entrepreneurs

Common law and statute

So if one asks a student or a teacher of the law of obligations, “Which do you prefer, statutes or cases?”, the answer will almost invariably come back, “Cases, of course.” Cases have immediate human interest supplied by the facts; and the reasoning of the judges, while often complex, satisfyingly leads the reader from the […]

Power Dressing

SAN FRANCISCO _ Dressed in his trademark hoodie and jeans, Facebook Inc. co-founder Mark Zuckerberg kicked off a cross-country road show to pitch his company’s initial public stock offering. Hundreds of institutional investors stood in long lines Monday to pile into a ballroom at New York’s Sheraton Hotel to hear the billion-dollar pitch from the […]

About Austrian economics

I find Steve Horwitz, along with George Selgin (prominent advocate of free banking and supporter of a productivity norm [pdf] for monetary policy), the most accessible of contemporary Austrian school economists as they are both clear writers who seek to engage with those who are not of their school and are refreshingly free of the nastiness […]

Georgian police arrest World’s Oldest Hacker

An elderly woman in Georgia is facing a prison sentence after reportedly causing internet services in neighbouring Armenia to crash. The country found itself offline for hours on 28 March after cables linking Georgia to Armenia were damaged. A Georgian interior ministry spokesman said a 75-year-old woman had admitted damaging fibre-optic cables while scavenging for […]

flybe4Udie

Passengers have told of their fear after realising the plane they were travelling in had lost a wheel. The Flybe Bombardier Q400 took off from Exeter International Airport bound for Newcastle at 1225 GMT on Thursday, with 39 passengers on board. A wheel detached shortly after take-off, forcing the plane to circle for about 90 […]

Creative Destruction

The government will provide more money to help unemployed people who want to set up their own companies, David Cameron has announced. The prime minister said New Enterprise Allowance projects, offering start-up loans and weekly allowances, could create 40,000 businesses by 2013. He predicted the next few years could be “some of the most dynamic […]

Crafty ways of making money

In her 2006 book Thrift to Fantasy: Home textile crafts of the 1930s-1950s, Rosemary McLeod traces the history of home-based handwork in New Zealand. With beautifully detailed photography, she shows examples of women taking pride and displaying their creativity with scraps of fabric and thread, making beautiful aprons and oven clothes from hessian (usually washed […]

Buffalo Boys

Microsoft founder and philanthropist Bill Gates has been awarded the Silver Buffalo, the highest Boy Scout honour in the US, for his services to youth. The accolade is for Mr Gates’ work both at Microsoft and for his humanitarian work through the Bill and Melinda Gates Foundation. Mr Gates was a member of the scouts […]

Bunny Broilers

Residents in Stockholm are divided over reports that rabbits are being used to make biofuel. The bodies of thousands of rabbits are fuelling a heating plant in central Sweden, local newspapers say. The city of Stockholm has an annual cull of thousands of rabbits to protect the capital’s parks and green spaces… Tommy Tuvunger, one […]

A Trader’s Eye View: Market comment by Joe Cambria

SL asked me to do guest post as to what’s going on in the markets and what I think will happen next (yikes) Personally I’ve found this has been the most interesting period I have ever experienced in the financial markets. Volatility, policy adjustments and expectations have changed so much over a period of a […]