Amazon.com Widgets Freedom of Contract

A Stitch in Haste

A Stitch in Time Saves Nine … But Haste Makes Waste

A collection of real-world libertarian, individualist and laissez-faire rants on law, economics, politics, culture and other current events
by an average, everyday lawyer & investment banker and part-time pop scholar.


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Entries Tagged as 'Freedom of Contract'

From the Archives: Is the eHarmony eLawsuit eFrivolous?

November 20th, 2008 · 1 Comment

While I was not surprised to learn that the online dating site eHarmony would eventually be compelled to cease its policy of not accepting gays as clients, I was surprised to learn that the compulsion would come from New Jersey:
Under terms of the settlement between Eric McKinley, a gay match-seeker from New Jersey, and eHarmony, [...]

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Tags: Activist Legislators & Nanny Statists · Freedom of Contract · Gay Rights and Issues · Law · Society, Religion, Culture Wars · Updates

"Constitution Day" Apparently Not on the List

November 19th, 2008 · No Comments

Interesting:
A state appeals court ruled Wednesday that a western Pennsylvania township violated constitutional protections in forcing a sexually oriented business to close on minor holidays such as Flag Day.

The video and book store, Adultland XXX, faced the prospect of being shut down for a year because it conducted sales on Flag Day 2006. It previously [...]

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Tags: Constitutional Issues · Freedom of Contract · Law Enforcement Abuses · Property Rights · Society, Religion, Culture Wars

Linkfest: Go Nudge Yourself

November 19th, 2008 · No Comments

To review: There was a flash in the blogospheric pan a few months ago over a controversial book called Nudge, the authors of which (a law professor and an economics professor, both of some renown) insisted that "libertarian paternalism" is not an axiomatic oxymoron. I, along with almost every other libertarian commentator, was skeptical.
Through sheer [...]

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Tags: Freedom of Contract · Kip's Law · Libertarianism · Updates

Another "Market Communism" Anecdote

November 18th, 2008 · No Comments

Anyone still pretending that China's authoritarians are committed to free-market principles?
Companies in two Chinese provinces, Shandong and Hubei, have been told they must seek official consent if they want to lay off more than 40 people. The order highlights the Chinese authorities' concern over mounting job losses.

The Chinese authorities are keen to avoid social instability, [...]

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Tags: Capitalism · Foreign Affairs · Freedom of Contract

We Killed Off Lochner for This?

November 8th, 2008 · 4 Comments

Another oblivious contribution from the increasingly silly New York Times "Ethicist" column. The question put to him:
I own a busy cafe-delicatessen with 25 employees. All the workers except two enjoy listening to background music from the radio while they work, as do I; those two say it irritates them, gives them headaches and makes it [...]

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Tags: Capitalism · Freedom of Contract · Property Rights

Kip's Law Sighting: Are We at "Socialism" Yet?

October 22nd, 2008 · No Comments

Barney Frank calls for making Wall Street bonuses illegal:
"There should be a moratorium on bonuses," Frank, a Massachusetts Democrat, told reporters yesterday in Washington. "They have a negative incentive effect because they are the ones that say if you take a risk and it pays off you get a big bonus," and if it causes [...]

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Tags: Capitalism · Freedom of Contract · Kip's Law · Politics

On "The New Incompetents™"

October 20th, 2008 · 1 Comment

Anyone remember Benny Stulwicz?
Benny was the affable, mildly retarded mailroom clerk in everyone's favorite dysfunctional law firm, McKenzie Brackman. Although Benny, brilliantly played by Larry Drake, was a secondary character, his disability was a productive font of story lines across many seasons of L.A. Law.
In one episode, Benny arrives at work wearing a turban. When [...]

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Tags: Freedom of Contract · Law

"China is Still a (Lethal) Dictatorship" Fact of the Day

October 6th, 2008 · No Comments

Remember the near-universal criticism Paul Krugman got back in May 2007 when he ridiculously suggested that American food was becoming downright dangerous, and had the gall to blame Milton Friedman for it?
The economic case for having the government enforce rules on food safety seems overwhelming. Consumers have no way of knowing whether the food they [...]

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Tags: Activist Legislators & Nanny Statists · Economics & Finance · Foreign Affairs · Freedom of Contract

From the Archives — Government as Stockholder: A Terrible Idea

September 29th, 2008 · No Comments

While looking up a link for an entry in yesterday's "Sunday Updates," I stumbled upon an old post that takes on a new relevance in light of the (apparently near completion) mortgage-based securities bailout and the increasing concern over the financial health of the Federal Deposit Insurance Corporation. This piece was originally published on November [...]

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Tags: Activist Legislators & Nanny Statists · Economics & Finance · Freedom of Contract · Taxation & Fiscal Policy

Obama Using Fannie/Freddie Debacle to Strengthen His Class Warrior Credentials

September 9th, 2008 · 3 Comments

Once again we see the distraction of "CEO severance packages" as a faux political issue:
Under the terms of his employment contract, Daniel H. Mudd, the departing head of Fannie Mae, stands to collect $9.3 million in severance pay, retirement benefits and deferred compensation, provided his dismissal is deemed to be "without cause," according to an [...]

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Tags: Economics & Finance · Freedom of Contract · Politics