Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas…
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Image of the Day: A Powerful Tribute to Free Market Capitalism

Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas, Not Capital or Institutions, Enriched the World." It it, she describes the unprecedented transformation  and improvement of human wellbeing through the power of economic freedom, as illustrated by this graph:

. [caption id="" align="aligncenter" width="568" caption="The Power of Free Markets"][/caption]

. As McCloskey summarizes, that's the result of the free market revolution:

. [I]n the two centuries after 1800, the trade-tested goods and services available to the average person in Sweden or Taiwan rose by a factor of 30 or 100.  Not 100 percent, understand - a mere doubling - but in its highest estimate a factor of 100, nearly 10,000 percent, and at least a factor of 30…[more]

August 18, 2017 • 01:52 pm

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Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Home Jester's Courtroom Team Loyalty Leads to Lawsuit
Team Loyalty Leads to Lawsuit Print
Thursday, August 18 2011

A carpenter in Oklahoma learned the hard way that some football fans and coaches put a premium on team loyalty. Contractor Brent Loveland showed up at Oklahoma State football head coach Mike Gundy's house to begin work on home improvements wearing a gray University of Oklahoma baseball t-shirt.  Upon seeing the rival shirt, Coach Gundy yelled, “how dare you [Loveland] come into my house and offend my wife” wearing that shirt on “OSU soil.” 
 
According to news reports, Loveland proclaimed to Gundy that he had no idea what he was talking about and that Gundy proceeded with profanity which “would make a sailor blush” and began calling him a “stupid idiot.” Loveland apologized and tried to make peace by offering to wear the shirt inside out.  Gundy refused the apology and fired the contractor.
 
Loveland, who claims he was never told or instructed to not wear University of Oklahoma gear at Gundy's house, filed suit in district court against Gundy and his wife, seeking more than $10,000 in damages for termination and embarrassment.

In a statement released through his attorney, Gundy stated, "While I cannot discuss the specifics of pending litigation, I deny the allegations being made and welcome the opportunity to fully resolve the matter."

—Source:  Associated Press and TheMatadorSports.com

Question of the Week   
How many times between 1996 and 2016 did the U.S. Congress pass a full federal budget instead of relying on continuing resolutions or omnibus spending bills?
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Quote of the Day   
 
"We are in an age of melodrama, not tragedy, in which we who are living in a leisured and affluent age (in part due to the accumulated learning and moral wisdom gained and handed down by former generations of the poor and less aware) pass judgement on prior ages because they lacked our own enlightened and sophisticated views of humanity -- as if we lucky few were born fully ethically developed from…[more]
 
 
—Victor Davis Hanson, Hoover Institution Senior Fellow
— Victor Davis Hanson, Hoover Institution Senior Fellow
 
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