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OpenMarket: October 2011

  • Today's Links: October 31, 2011

    October 31, 2011
    OPINION SONIA ARRISON: "Don't Be Afraid to Live Longer, Justin Timberlake" "While the film [In Time] is fun, it falls into a dystopian trap, assuming that greater longevity would create a terrifying society. But it gets almost everything about human life extension wrong. Scientists are on the verge of discovering ways to radically extend human life—though they probably won’t figure out how to maintain the pristine looks of 25-year-olds any time soon. In Time seems to argue that we should be concerned about this looming longevity. But there’s nothing to be afraid of." MATTHEW INGRAM: "...
  • Seven Billion People

    October 31, 2011
    Sometime today, the UN estimates that world population will hit 7 billion people. Some people are worried about how those 7 billion mouths will be fed.
  • Yes, Regulation Does Keep Unemployment High

    October 31, 2011
    Over at RealClearMarkets, my colleague Wayne Crews and I argue that the law of demand holds. Hard to believe that's actually controversial, but that's Washington for you.
  • Welcome, Wall Street Journal readers

    October 30, 2011
    Welcome to those of you who found this page after reading the Wall Street Journal profile. The Journal also discussed our Sirius XM objection. Other articles about CCAF can be found on my personal website. Join our Facebook page to stay updated on what we're up to. (Later today, I'll be posting our Ninth Circuit brief on the HP Inkjet printer coupon settlement, where the attorneys got $2.1 million, and the class got coupons only usable at HP.com—which charges far more than other Internet vendors, making it more expensive to use the coupons than not to use the coupons.)
    ...
  • The Limits of Higher-Education Spending as a Stimulus; Obama's Student-Loan Flim-Flam

    October 28, 2011
    South Korea got a higher percentage of its young people to go to college than the U.S. But it backfired. Although "great numbers of eager students graduate from college every year," "the predictable problem is that many of them can’t find work commensurate with their education. The government now wants to lower the number of students going to college." The Obama administration wants to increase the percentage of youngsters going to college in the U.S., based on the theory that this will somehow result in more skilled jobs, but Korea's experience shows that "the idea that supply creates its own demand with regard to education is mistaken. Joanne Jacobs...
  • Regulation Roundup

    October 28, 2011
    Yet another batch of regulatory bloopers:
    • Motorists entering Tacoma, Washington, with criminal intent are required to telephone the chief of police.
    • It is illegal to catch fish with your bare hands in Kansas.
    • It is illegal for a man to curse in front of a woman in Nebraska. Women can cuss away, though.
    • Turtle racing is illegal in Key West, Florida.
    • You can’t play checkers in public in La Crosse, Wisconsin.
    • In Hartford, Connecticut, you may not cross a street while walking on your hands. Feet only, please.
    • The U.S. Code requires the federal government to employ a Construction Metrication Ombudsman. His job is to encourage federal contractors to use the metric system.
    • Don't ride your bicycle faster than 65 mph in Danbury, Connecticut. You could be arrested...
  • Who’s Afraid of 7 Billion? The Anti-Human Left, That’s Who

    October 28, 2011
    According to an estimate by the United Nations’ population division, Earth’s seven billionth human will be born on or about Halloween 2011, most likely in South Asia. To put that number in perspective, consider this: It took 250,000 years, from the birth of our species until the beginning of the 19th century, for the human population to reach 1 billion (I guess it’s true what they say; the first billion's the hardest). After that it took just a little over a century to hit the 2 billion mark in 1927. By 1999 the world’s six billionth person was born (identified as Adnan Nevic from Sarajevo, Bosnia). And now here we are, only 12 years later, and number 7 billion is upon us. It’s quite a milestone. And on the face of it, would seem to indicate homo sapiens is a...
  • CEI Weekly: The Fiscal Union Delusion

    October 28, 2011
    CEI Weekly is a compilation of articles and blog posts from CEI’s fellows and associates sent out via e-mail every Friday. Also included in the weekly newsletter is a brief description of CEI’s weekly podcast and a feature on a major CEI breakthrough made during the week. To sign up for CEI Weekly, go to http://cei.org/newsletters. CEI Weekly October 28, 2011 >>Featured Story In an op-ed in The Wall Street Journal Europe this week, CEI President Fred Smith and Vice President for Strategy Iain Murray urge the European Union not to standardize tax and fiscal policy across nations. Read the full piece...
  • Today's Links: October 28, 2011

    October 28, 2011
    OPINION TIMOTHY B. LEE: "FreeBieber Campaign is Not Afraid of Justin Bieber or His Lawyers" "In 2007, a 12-year-old Justin Bieber began recording videos of himself singing covers of popular songs and uploading them to YouTube. A copyright reform organization called Fight for the Future created a website called FreeBieber.org to highlight the danger that a pending anti-streaming bill could make the creation of such videos a felony. The 17-year-old Justin Bieber, now an international superstar, apparently doesn't appreciate the unauthorized campaign. So he (apparently...
  • Biotechnology's 29th Anniversary!

    October 28, 2011
    Twenty-nine years ago tomorrow, the U.S. Food and Drug Administration approved Eli Lilly’s and Genentech’s Humulin, making it the first ever fully approved product of recombinant DNA, or what we now call modern molecular biotechnology. Humulin was the first biosynthetic human insulin, produced by splicing the human gene that codes for insulin production into a harmless microbe. Previously, diabetics who needed supplemental insulin used bovine or porcine insulin that was purified from the pancreases of cows and pigs. They worked reasonably well, but were not perfect analogues of human insulin. With the introduction of Humulin they could now take actual human insulin, which...

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