We sometimes hear about diminishing returns in cancer research and development in the big pharmaceutical companies. They tell us, traditional drug discovery techniques have picked most of the low-hanging fruit in the field. Cancer cells are tricky devils, able to quickly mutate resistance to our best available therapies.
[Read more...]Doug Casey on Taxes and Freedom, Part II
May 22, 2012 By Leave a Comment
Louis James: Tax Freedom Day this year was April 17.
Doug: That means that all the work the average guy does until April 17 goes to pay for the government that failed to protect him on September 11, 2001, failed to protect him from the crash of 2008, and continues failing him every day. We pay for an organization bent on doing not just the wrong things, but the exact opposite of the right things in economics, foreign policy, and everything else we’ve talked about in all our conversations. It’s rather perverse that Emancipation Day — the day the first slaves in the US were freed in the District of Columbia in 1862 — is April 16. But what is a slave? He’s someone who is deprived by force of the fruits of his labor. Sound familiar? I disapprove of slavery, in any form — including its current form.
[Read more...]Is Facebook the Rusty Hinge of the Stock Market?
May 22, 2012 By Leave a Comment
Yesterday, stocks bounced…just as they should have. After two weeks of falling, they were ready to bounce. Heck, even a dead congressman will bounce, if you drop him from high enough.
The Dow rose 135 points. Not very impressive, after so many down days.
Everything has been sinking… Stocks, commodities, oil…
[Read more...]Run, Saverin! Run!
May 17, 2012 By Leave a Comment
Run, Saverin! Run!
Were it not for the fact that you’d still have to suffer the eternal torment of actually living with your wicked, miserable little self, life as a willing and active member of The State might be pretty tempting. After all, Team State — operating in direct competition with Team Freedom — enjoys some rather significant advantages, both on and off the field.
[Read more...]Run, Saverin! Run!
May 17, 2012 By Leave a Comment
Run, Saverin! Run!
Were it not for the fact that you’d still have to suffer the eternal torment of actually living with your wicked, miserable little self, life as a willing and active member of The State might be pretty tempting. After all, Team State — operating in direct competition with Team Freedom — enjoys some rather significant advantages, both on and off the field.
[Read more...]Why the World’s Unemployed Youth are Flocking to Brazil
May 16, 2012 By Leave a Comment
Man wasn’t supposed to labor like this. Not under these conditions…with a clear view of a clearer sea…a white sandy beach below his room…the sound of the crashing waves gently carrying through his window…
…and his head stuck firmly in his computer screen.
[Read more...]
Superior Biotechnology Leads to Superior Drugs
We sometimes hear about diminishing returns in cancer research and development in the big pharmaceutical companies. They tell us, traditional drug discovery techniques have picked most of the low-hanging fruit in the field. Cancer cells are tricky devils, able to quickly mutate resistance to our best available therapies.
[Read more...]