The cornerstone of the free market is value. What I can make easily is of less value to me; what I can not make easily is of more value to me. The value I have then grows when I can trade what I make easily and value less for what I cannot make easily and value more, while the value you have grows when you can trade to me what you make easily and value less for what I make easily and value more. This is true of all products, including art.

Predictable Classical Newtonian Physics vs. the Scary Reality of the Quantum World

The quantum model of physics is changing the way scientists think about the world. Gone are the days of robotic and soulless Newtonian models of movement. The new science offers the premise that consciousness is the ground of all being. This means that effects on a quantum scale are directly predicated on one's own particular state of mind, a hypothesis which implies that each individual creates his or her own reality. It is almost as if our individual selves are just pictures, microcosms of an infinite transcendent consciousness which existed before the discovery of time or matter.

Spectrum Wars
The battle between AT&T, Google & the U.S. Government over wireless networks - and why the only losers are the American people
Justin Hartfield

A letter from Google CEO Eric Schmidt has promised the US government "at least $4.6 billion" as long as the US government agrees to Google's terms. Yes, a private company is dictating its terms to Uncle Sam. Is the FCC a bizarre bunch or what? In yet another uninspired move, AT&T issued apublic statement to address the issue:

"Google has now delivered an all or nothing ultimatum to the U.S. Government, insisting that every single one of their conditions 'must' be met or they will not participate in the spectrum auction. Google is demanding the Government stack the deck in its favor, limit competing bids, and effectively force wireless carriers to alter their business models to Google’s liking."

Whatever Floats Your Boat

Economics is everywhere - even on the cruise ship

By Barry Fagin

I once had a professor who couldn't stop saying "Economics is everywhere." Twenty-five years later, I thought I'd put her theory to the test.

I'm on vacation, traveling with family and friends. Writing this paragraph from our hotel lobby, I'd say we found a pretty nice place to stay. It has great restaurants, a couple of pools, a multi-story lobby with glass elevators, and about a thousand rooms. It's also got twin diesel engines and a top speed of 25 knots.

Freedom From the Man

How libertarian reforms can help women succeed professionally

By Raina Clampitt

The lure of a Corporate American gig to most women arrives with a patriarchal swagger-- complete with a sword and white horse to save the working damsel in distress. The ubiquitous American corporation that comprises our market economy provides a veil of security to women via a wide array of health, maternity and retirement benefits. Given that most corporate or "white-collar" positions provide structure, financial security, potential of advancement and job stability, it is fairly obvious why many women gravitate towards "working for the man."

Thoughts on the Information Age

It's not what you know, it's how you use it

By Justin Hartfield

We are currently living in the 'information age'. This much is undisputed. Through the miracle of the internet, we have access to knowledge and information which would have been unfathomable only twenty-five years earlier.

Traditional models of education and even ideas about knowledge itself are now changing mightily. It is now entirely possible for anyone, of any socio-economic status, to study and download University-level (or higher) course material from the comfort of their own room or favorite local internet cafe. So is the information age ushering in a new era of intellectual understanding and prosperity for all? Maybe, but I doubt it. It is difficult to gauge just how forceful the transmutation of the internet will be on human society, as the medium is practically new and there has been no time for historical perspective.