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- 10-year U.S. treasury yields just touched 2.9%. This is a new high for the move. The rise in response to the CPI was delayed by the initial plunge in stock market futures. But now that stocks have recovered most of their losses, bonds are plunging.
- The restaurant only accommodates eight diners per night. The tab generally runs between $500 and $600 per person. http://bit.ly/2v43CYv
- Trump changes tune on the economy: With Obama it’s a bubble, with Trump is a boom. https://t.co/Lq8kFnIu9z https://t.co/3bwDhAmWKs
- SEP Commentary "The Investment Game is not so much about holding a good Hand as playing a bad Hand well" published. http://bit.ly/1MY9KUc
- Hope springs eternal. After having initially forecast 2017 Q4 #GDP growth at 4.5%, only to see it come in at just 2.6% (likely to be revised lower next month), the Atlanta Fed's initial read on 2018 Q1 GDP is 4.2%. Let the GDP limbo begin.
- Since Dec. 12, the day before the Fed moved, gold climbed 5.7% to $1,314.36 an ounce, last week touching the highest level in three months and has climbed higher since. http://bit.ly/2CYWj9x
- There's growing evidence we’re nearing a debt time bomb explosion. http://bit.ly/2rPtBjh
- The World Gold Council points out that in some ways, gold and cryptos are complementary assets. It highlighted the similarity in their supply dynamics. http://bit.ly/2ncfp1T
- @RonPaul, "It makes no sense to tax money" http://bit.ly/2sHH7Wc
- Systemic bias against small scale development
Friday, May 13, 2016
Question regarding copyright in Man, Economy, and State.
So when Rothbard discusses IP in Man, Economy, and State, he talks about patents being government enforced monopolies that shouldn't exist. He also talks about copyrights which he seems in favor of. Can anyone explain more clearly why these are treated differently and what exactly the view on these items is?