In “Our
Intangible Riches” (page 34), Reason’s science
correspondent, Ronald Bailey, interviews World Bank economist Kirk
Hamilton about a “ridiculously important book,” Where Is The
Wealth Of Nations?: Measuring Capital for the 21st Century.
Hamilton’s book discusses the importance of “intangible
capital”—things like good institutions, the rule of law, and human
skills—for developing countries. Bailey says his own intangible
capital consists of “mostly my education” and “the fact that I am
making a living as a journalist. Because we have a free country and
a free press, I can say whatever I damn well want to say.”
Ilya
Somin, born in St. Petersburg, has been a libertarian since he was
15. “Ultimately,” he says, “it was Brezhnev and the Communist Party
who made me a libertarian more than anything else.” Now an
assistant professor of law at George Mason University, Somin has
written several amicus briefs for the Institute for Justice, the
public interest firm best known for litigating the infamous
Kelo case, in which the U.S. Supreme Court allowed a
Connecticut town to seize a woman’s home and give the property to
politically connected developers. Somin also wrote an amicus brief
in Kelo itself, on behalf of the late urban policy
theorist Jane Jacobs. In “The Limits of Anti-Kelo
Legislation” (page 42), he explores the upside and downside of the
reforms passed in the wake of Kelo. “While I don’t think
that Kelo was a good decision,” says Somin, “it was great
career boost.”
Greg
Beato, a freelancer based in San Francisco, writes frequently for
Reason. This time he checks out the new Bettie Page
boutique in Las Vegas, devoted to the woman who “reduced kink to
kitschy fashion” (“The Fetishist Next Door,” page 61). Page, says
Beato, “is the Betty Crocker of porn. Decade after decade, that
face just keeps popping up, unchanged.” With the new boutique,
“Bettie Page had come full circle—she started off as a face without
a name; now she’s a brand name without a face.”
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