Division of Labour on Adam Smith appearing upon bank notes: much as we welcome it here of course, it is true that Smith was in favour of competition in the issuance of bank notes and that the Bank of England has a monopoly…

Don Boudreaux writes a letter to the editor on the subject of foreigners bearing gifts in the form of subsidies. Whatever happened to these missives before we had blogs to publish them on?

HedgeFundGuy on the Hobbes Index (life being nasty, brutish and short) and where you’d like to be living to be enjoying a high value. Somewhere that has been more or less capitalist for the past century is a useful rule of thumb.

The Agitator shows that some people haven’t quite got this web marketing right yet. The marketing people urge bloggers to post clips of a new movie on their blogs: the same studio’s lawyers sue them for doing so.

Alex Tabarrok (is there nothing economists don’t know about?) on how to use a condom optimally.

Craig Newmark recommends Government Failure versus Market Failure. A free book, the essential message of which is, if you think markets fail, wait until you see what government does to the same problems.

And finally, Croydonian brings us the Hong Kong Hip Hop Accountants. We look forward to the KPMG (etc.) response.

From Adam Smith Institute

Tags: Libertarian, Politics, Liberty, Freedom