Bio

Patent Attorney and recovering Anglophile.  Convinced that liberty, the free market, individual rights and low government spending, rugged individualism, more people pulling the wagon than in the wagon, entrepreneurship, innovation, intellectual property rights, strong military, and related doctrines are the way to go.  I believe that profits are not evil and are an integral part of the free market system, and contain important information.  I believe that Conservatives care about people, but they care about an array of other important factors as well.  Favorite book: Economics in One Lesson by Henry Hazlitt.  A welfare state is sustainable as long as few people actually need the benefits, cf Switzerland.  You get the general idea. 


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Peter Meza's Profile

Peter Meza
Name:
Peter Meza
Hometown:
Colorado Springs, CO
Joined:
Apr 8, 2011

Recent Comments

Peter Meza

OK, we trashed wine so let's have a go at some other luxury consumables:

1. Beluga Caviar [Wikipedia]

This is fish eggs, people!  Get real.

2. Saffron [Wikipedia]

Overrated.

3. White Truffles [Wikipedia]

Hello, it's found in dirt.

4. Kobe Beef [Wikipedia]

Too much fat.

5. Bird’s Nest [Wikipedia]

Isn't this against the law?

6. Fugu [Wikipedia]

You could die from this.

7. Foie Gras [Wikipedia]

Again, with the fat.

8. Lobster [Wikipedia]

It's like eating a big insect.

9. matsutake [Wikipedia]

Those little white mushrooms you get at the supermarket are good enough.

10. Oysters [Wikipedia]

Have you ever eaten an oyster?  Yuck.

Peter Meza

Paul Ryan may have it all squared away in his own mind, and Father Sirico as well.  99 per cent of the Christian clergy don't believe a word of it.

Peter Meza

"What difference – at this point, what difference does it make?"

Peter Meza

Just FYI Ayn Rand hated the Libertarians.  Her thing was "Objectivism" which is not the same as Libertarianism.

Peter Meza

It's never about the story, or lack of story, it's always about pushing the agenda.

Peter Meza

Tweet, @PeterMeza

Peter Meza

Brice Marden, For Pearl, 1970, 8 x 8 feet, Private Collection (probably copyright infringement)

Peter Meza

Remember this poll?  Greece is actually the hardest working European nation.

Edited on May 6, 2013 at 11:36pm
Peter Meza
Richard Fulmer: I made this case in my article, The Paradox of the Welfare State, which appeared in The Freeman a few years back.  · 10 hours ago

Richard: Good article. Have you given any thought to how the fate of the welfare state plays out?  Do the free market incentives eventually get implemented as even the "low-information voters" finally realize what is going on, or does the system just collapse, only to be replaced by something even worse.  Like a dictatorship.  No one can know for sure, but what's your sense?

Peter Meza

FloppyDisk90

Peter Meza

FloppyDisk90

True.  But that stat bottomed out around 63.5 circa Jan2012 and has been bouncing around that number for the last year or so, so you can't really attribute the continued trend to falling participation. · 7 minutes ago

Did you click on the link?  Looks like fresh 2013 lows and a trend down to me. · 38 minutes ago

Edited 36 minutes ago

     

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2012 63.7 63.9 63.8 63.6 63.8 63.8 63.7 63.5 63.6 63.8 63.6 63.6 
2013 63.6 63.5 63.3 63.3

It's dipped a whole four-tenths of a percent in almost a year and a half. Not sure I would characterize that as a down trend but YMMV. · 1 hour ago

A little bit down over a little bit of time, relatively speaking can sometimes, like in this case, be part of a giant down trend.  There is a clear down trend that started half-way through 2008 and continues uninterrupted til today.

Peter Meza

FloppyDisk90

True.  But that stat bottomed out around 63.5 circa Jan2012 and has been bouncing around that number for the last year or so, so you can't really attribute the continued trend to falling participation. · 7 minutes ago

Did you click on the link?  Looks like fresh 2013 lows and a trend down to me.

Edited on May 3, 2013 at 10:43pm
Peter Meza

Unemployment [rate] is trending down, but the labor force participation rate is also trending down, as James has pointed out numerous times: http://data.bls.gov/timeseries/LNS11300000

Re: Ruh-Roh!

Peter Meza

I predict the mainstream press is going to get behind this story any minute now.  These things take awhile to develop.  There is no bias, except their bias for a good story, right?  Any time now you are going to start hearing reporters mentioning a "cancer on the presidency" and "what did the President know, and when did he know it?".

Edited on May 3, 2013 at 6:23pm
Peter Meza

Re: #3, #4, and #5, I agree completely.  It doesn't seem like this administration wants to do anything that is actually in our own interests as a country.  Is there any other country in the world that acts like that?

Peter Meza

Dave Carter

"If they are going to kill him.  I don't care.  My oldest son is killed, so I don't care.  I don't care if my youngest son is going to be killed today.  I want the world to hear this.  And, I don't care if I'm going to get killed too.  And I will say Allahu Akbar!" 

She really put some English into it - "All-a-hu Ak-BAR".

Peter Meza

Time for another Google Ngram viewer search here.

I plotted "duty" vs. "rights" and as you might expect one goes down over time and the other goes up over time.

The high water mark for "duty" was 1831.

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