When You Ban the Sale of Ivory, You Ban Elephants | Doug Bandow | Cato Institute

When You Ban the Sale of Ivory, You Ban Elephants | Doug Bandow | Cato Institute: "in some parts of southern Africa today “Damaged land and crop losses are not only being tolerated, but villages are doing their best to guard against poachers. This surprising change in behavior is due to the proliferation of government programs that dispense licenses to villages, enabling locals, or paying hunters, to cull an allotted number of elephants each year.” In these areas poaching is down and some farmers have turned their marginal farms into game reserves."

"In essence, elephants need to be treated like cattle. Their owners—or the equivalent, such as villagers living near elephants—need to benefit from the animals’ preservation."

“In Zimbabwe, for example, loss of ivory revenues led to a scaling back of anti-poaching operations which resulted in 100 illegally killed elephants in 1990 as opposed to only ten illegal deaths a year earlier.”

Spending, Debt Ceiling out of control as Republicans Cave Again

Spending, Debt Ceiling out of control as Republicans Cave Again: "Once again, however, Republicans plan to lead the fight to cut spending . . . next time."

"Why not pass a debt-ceiling increase tied to a one-year freeze in the budget?

Why not boost the debt limit for three months with language closing a dozen antiquated federal bureaus and programs?"

"Let Reid and Obama explain why the Rural Utility Service must survive 78 years after FDR launched it in order to bring electricity to Appalachia — a mission it accomplished in the 1940s or ’50s."

Foreign Investment - Ludwig von Mises - Mises Daily

Foreign Investment - Ludwig von Mises - Mises Daily: "Two hundred years ago, conditions in Great Britain were much worse than they are today in India. But the British in 1750 did not call themselves "undeveloped" or "backward," because they were not in a position to compare the conditions of their country with those of countries in which economic conditions were more satisfactory. Today all people who have not attained the average standard of living of the United States believe that there is something wrong with their own economic situation."

"the amount of capital invested per unit of the population is greater in the so-called advanced nations than in the developing nations."

"The difference between the less developed and the more developed nations is a function of time: the British started to save sooner than all other nations: they also started sooner to accumulate capital and to invest it in business. Because they started sooner, there was a higher standard of living in Great Britain when, in all other European countries, there was still a lower standard of living."

Italian tourist spends night in jail after failing to pay bill at NYC steakhouse | Fox News

Italian tourist spends night in jail after failing to pay bill at NYC steakhouse | Fox News: " he begged workers to let him leave an iPhone as collateral while he got money from the apartment where he was staying — but they instead called cops, who were equally unsympathetic."