I got The Age of Turbulence for Christmas. Very interesting so far, especially to read with hindsight given recent history. This passage is fascinating:
“…According to objectivist precepts, taxation was immoral because it allowed for government appropriation of private property by force. Yet if taxation was wrong, how could you reliably finance the essential functions of government, including the protection of individuals’ rights through police power? The Randian answer, that those who rationally saw the need for government would contribute voluntarily, was inadequate. People have free will; suppose they refused?
I found a rather spectacular article on copyright while reading about the [Copyright Term Extension Act] 1:
There’s no shortage of absurdity, but here’s one of the highlights:
Copyright Encourages, While the Public Domain Discourages, Progress in the Arts
At the risk of speaking words of heresy, it is copyright protection that encourages innovation and creativity, while the public domain discourages both innovation and creativity. Why create something new if you can reprint or reuse something that already exists? Why invest in untested new works if you can instead distribute royalty-free existing works?
Here’s a good candidate for the silliest energy idea I’ve heard in a while:
http://www.ted.com/index.php/talks/reinventing_the_car.html
Larry Burns, the vice president for R&D; at GM, notes that 4% of cars equal the power generation ability of the entire current electric grid, and dreams of a future where fuel cell vehicles are used to generate electricity while parked. This is great because hydrogen can come from a wide variety of sources, so as long as each community has their own tailor-made method for generating it, we can use the cars to cheaply generate electricity. Finally, we can close the loop on this convenient diagram from wikipedia: