Thomas Hazlett of George Mason University talks with EconTalk host Russ Roberts about a number of key issues in telecommunications and telecommunication policy including net neutrality, FCC policy, and the state of antitrust. Hazlett argues for an emergent, Hayekian approach to policy toward the internet rather than trying to design it from the top down and for an increased use of exchangeable property rights in allocating spectrum.

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Hazlett on Telecommunications

While leaders in Peru grapple with the financial fallout, Americans angry at the multi-billion dollar bailout plans are protesting in Washington.

Link:
Americans protest against U.S. Fed policy

To celebrate the holidays, the Mayfair Business Association will be putting a Christmas tree up at Cottman and Frankford Avenues on December 6th. We invite everyone to help us decorate it by bringing ornaments to put on the tree. The festivities will start at 2:00pm and include: A visit from Santa Music and Give-Aways from local businesses Help us help the less fortunate by bringing a canned good or two for Philabundance .

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Christmas Tree Trimming – December 6

History shows that severe crises can cause nations to become inward-looking, sometimes with negative consequences. The World Development Report 2009: Reshaping Economic Geography, released today, argues that the most effective policies for promoting long-term growth are those that facilitate geographic concentration and economic integration, both within and across countries.

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World Development Report 2009 – World Bank

George Selgin of West Virginia University talks with EconTalk host Russ Roberts about free banking, where government treats banks as no different from other firms in the economy. Rather than rely on government guarantees to protect depositors (coupled with regulation), banks would compete with each other in offering security and return on deposits.

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Selgin on Free Banking

www.bbc.co.uk Series 6 playlist: www.youtube.com Round 9: The eight remaining celebrities strut their stuff in a bid to wow the judges. Christine and Matthew dance a Waltz to See the Day by Girls Aloud

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Christine and Matthew – Strictly Come Dancing 2008 Round 9 – BBC One

Arnold Kling of EconLog talks with EconTalk host Russ Roberts about the role of credit default swaps and counterparty risks in the current financial mess. The conversation opens with the logistics of credit default swaps and counterparty risks and moves on to their role in the financial collapse. The conversation closes with a discussion of the political economy of pending financial regulation.

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Kling on Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Regulation

Richard Epstein of the University of Chicago talks with EconTalk host Russ Roberts about the relationship between happiness and wealth, the effects of inequality on happiness, and the economics of envy and altruism. He also applies the theory of evolution to explain some of the findings of the happiness literature.

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Richard Epstein on Happiness, Inequality, and Envy