Entrepreneurship in Decline?

Michael Malone has been writing about the technology industry, and particularly about Silicon Valley, for a couple of decades. This recent article is not very optimistic. Although Malone identifies several emerging technologies as having great potential, he fears that the basic mechanism by which new technologies are commercialized–the formation and growth of new enterprises–is badly broken.

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You Really Want to Remind Us of That, John Kerry?

In an Afghanistan policy speech, [h/t Instapundit] John Kerry evokes a famous phrase from his infamous testimony before the Senate Committee on Foreign Relations on April 22, 1971.

David Sanger mentioned that in 1971 I asked the Foreign Relations Committee “how do you ask a man to be the last man to die for a mistake?”

I think it relevant to the contemporary debate to recall what else he said in that testimony:

I would like to talk, representing all those veterans, and say that several months ago in Detroit, we had an investigation at which over 150 honorably discharged and many very highly decorated veterans testified to war crimes committed in Southeast Asia, not isolated incidents but crimes committed on a day-to-day basis with the full awareness of officers at all levels of command.
 

It is impossible to describe to you exactly what did happen in Detroit, the emotions in the room, the feelings of the men who were reliving their experiences in Vietnam, but they did. They relived the absolute horror of what this country, in a sense, made them do.
 
They told the stories at times they had personally raped, cut off ears, cut off heads, tape wires from portable telephones to human genitals and turned up the power, cut off limbs, blown up bodies, randomly shot at civilians, razed villages in fashion reminiscent of Genghis Khan, shot cattle and dogs for fun, poisoned food stocks, and generally ravaged the country side of South Vietnam in addition to the normal ravage of war, and the normal and very particular ravaging which is done by the applied bombing power of this country.[emp added]

Just to be clear, the Winter Soldier “investigation” was shortly proven to be wholly fraudulent.

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What the Limbaugh Quote Hoax Really Tells Us

Listening to the contemporary American left’s views of the rest of us is increasingly like listening to a paranoid schizophrenic slip farther into delusions that they are surrounded by malevolent people. Just as we have to worry that the schizophrenic might act on their delusional beliefs and strike out violently against the evils they imagine, we have to be increasingly worried that leftists will strike out against the rest of us based on their delusional fantasies about what we non-leftists believe.

And make no mistake about it, leftists do harbor dark delusions about non-leftists. The fact that so many leftists fell completely for the Limbaugh quote hoax proves it.

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Money and Power, Continued

There are few ways in which a man can be more innocently employed than in getting money

–Samuel Johnson

I was reminded of this quote by something Irving Kristol wrote:

In New York the ruling passion is the pursuit of money, whereas in Washington it is the pursuit of power. Now, the pursuit of power is a zerosum game: you acquire power only by taking it away from someone else. The pursuit of money, however, is not a zero-sum game, which is why it is a much more innocent human activity. It is possible to make a lot of money without inflicting economic injury on anyone. Making money may be more sordid than appropriating power—at least it has traditionally been thought to be so—but, as Adam Smith and others pointed out, it is also a far more civil activity.

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How Anti-Nuclear-Power Hysterics Kill

Two stories, one about the dangers of contaminated spinach and another on the NY Times’s ignoring of irradiation as a preventative for food borne illness, show us how the moral posturing and emotional hysteria of the anti-nuclear-power left have not only vastly contributed to global warming, mercury poisoning, strip mining, general air pollution, etc. but have also been responsible for the deaths and maiming of virtually everyone who suffered from food-borne microbial illness in the last 40 years.

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