The Economics of Destutt de Tracy

November 28, 2008 6:46 AM by Timothy Terrell

The neglected work of Destutt de Tracy place him in a direct line with the Austrian school of the late 19th century. Though less popular than his countryman and contemporary Jean-Baptiste Say, Tracy won followers among liberals worldwide. Thomas Jefferson and John Adams were among his enthusiastic readers in the United States. Most notable are Tracy's thoughts on method, money and banking, and government policy. FULL ARTICLE

FDA Requirements Block Effective Treatment

November 14, 2006 9:43 AM by Timothy Terrell

The Wall Street Journal reported yesterday (Monday, Nov. 13, front page) on a doctor's frustrations with a company that refuses to sell in the U.S. what he believes is a very effective treatment for infants with short bowel syndrome. The treatment is a new formula called Omegaven, based on fish oil, which does not appear to have the negative effects on the liver that other formulas have. The headline in the WSJ implicates the manufacturer, but the text reveals a reason for the company's reluctance: expensive FDA red tape.

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Is House Flipping Sleazy?

October 23, 2006 7:32 AM by Timothy Terrell

Real estate investors have come under fire recently, particularly for the common practice of "flipping" a property. An investor finds a seller who is willing to sell for a low price (perhaps because of imminent foreclosure or to gain immediate cash to pay other debts), then immediately attempts to resell the property to a third party. It's the day trading of the real estate world, with advantages to those familiar with real estate law, finance, and the nuances of local real estate conditions. FULL ARTICLE