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October 2010

IMAX: Revolutionizing the Theater Experience

“IMAX” is becoming a common household world in the U.S. and other areas of the world. After spectacular displays of Avatar 3D and other films in the past couple years that gained peoples interest, IMAX is emerging as a legitimate and profitable movie theater business that is revolutionizing how people watch movies in the theater. [...]

Foreclosure Misery: Government’s Intervention in Housing

Today it was announced that banks foreclosed on 288,345 houses in the past three months, the highest amount of foreclosures in any three-month period since 2006. It’s estimated that 1.2 million homes overall will be foreclosed in 2010. Well, gee, looks like government bailouts of the financial industry have paid off! Despite hundreds of billions [...]

Political Production vs. Economic Production

It is often said that government represents the collective ability of society to come together and legislate for the “public good.” What exactly the “public good” represents is rarely agreed upon by the two dominant political parties, but they both generally agree that it is the role of government to meddle in society in one [...]