Monday, June 20, 2011

Libertarian Links

The storage room Wang and Xu budgeted to cost $25,000, would have cost $250,000 to comply with the city’s requirements, so the company will not store as many fragrance oils on site, making it more difficult to meet orders.

Death by regulation: About 90 percent of all the anesthesiologists in the country report they are experiencing a shortage of at least one anesthetic. [...]Currently, there are about 246 drugs that are in short supply and, as the chart shows, the number has been growing for some time.

Drug war: As USA Today reports, an astonishing 70,000 to 80,000 militarized police raids take place on a annual basis in America, many of them on mistaken suspects and many of them ending with injury or death for police and citizens alike.

Mortgage world: More than 2.7 million mortgage deadbeats are still living in homes they have not made a payment on in more than a year. Average time from first missed payment to foreclosure is now 565 days.

First indication that UK made right call in eschewing further stimulus: Unemployment across the pond is dropping at fastest rate in 10 years.

FDA controlling your life: On June 28, the Food and Drug Administration (FDA) will hold a hearing to decide the fate of Avastin, a drug taken by thousands of women fighting late-stage breast cancer. Many of these women have pleaded for continued access to the drug, which they consider a matter of life and death. But this case is really about what will guide decisions on treatment options—the best judgment of doctors and their patients, or the policy preferences of the FDA.

On the ~ 2000 weapons in Operation 'Fast and Furious'
: The agents interviewed say supervisors viewed the bloodshed with chilling indifference—or worse. As the report summarizes, "An increase of crimes and deaths in Mexico caused an increase in the recovery of weapons at crime scenes. When these weapons traced back through the Suspect Gun Database to weapons that were walked under Fast and Furious, supervisors in Phoenix were giddy at the success of their operation."

"The classic case study is Duke University Hospital, which cut the costs of treating congestive heart failure by 40% but then dumped the integration program because it lost money under Medicare's fee schedule."

Charity: U.S. donations to charity rose to $291 billion last year, a study found on Monday, but it was still more than 6 percent below a 2007 record as the nation struggles to recover from its worst recession in decades. Americans gave nearly 4 percent more in 2010 compared to 2009,


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