About This Blog

Ludwig von Mises (1881-1973) was the greatest economist of my time. His greatest works can be accessed here at no charge.

Mises believed that property, freedom and peace are and should be the hallmarks of a satisfying and prosperous society. I agree. Mises proved beyond a shadow of a doubt that the prospect for general and individual prosperity is maximized, indeed, is only possible, if the principle of private property reigns supreme. What's yours is yours. What's mine is mine. When the line between yours and mine is smudged, the door to conflict opens. Without freedom (individual liberty of action) the principle of private property is neutered and the free market, which is the child of property and freedom and the mother of prosperity and satisfaction, cannot exist. Peace is the goal of a prosperous and satisfying society of free individuals, not peace which is purchased by submission to the enemies of property and freedom, but peace which results from the unyielding defense of these principles against all who challenge them.

In this blog I measure American society against the metrics of property, freedom and peace.

Saturday, April 28, 2012

This Is Not A Joke -- Still Time To Enter

The Democratic People's Republic Of Korea Amateur Golf Open, North Korea, that is. This year's tourney will be the "second" annual event.

How did the first annual Open turn out? According to the official Open Website:

The 2011 DPRK Amateur Golf Open took place on the 29th April 2011. Journalists from Associated Press and Japanese/Korean media were on hand to cover the event, which was played by 17 competitors, from 8 different countries. The nationalities included UK, South Africa, Finland, France, Germany, Australia, Luxembourg and DPRK.

The tournament was played in Callaway format and top place with a joint score of 72 were 25 year old Olli Lehtonen (hcp 1.1) and 31 year old Johannes Raitio (hcp 9.4), both from Finland. With the top gross score of 84, Olli was crowned the overall winner.
 I have it on good authority that this year's event will top the 20-competitor mark. Of course, the winner will not be a North Korean native. The Pyongyang Golf course -- the only golf course in the country -- is open only to the nation's ruling elite and invited foreign nationals.

Even though Kim Jong Il is now deceased no North Korean party functionary would dare risk besting the score of the late golf "genius." Admittedly, this would be a near impossible task, since the former "Dear Leader" is reputed to have "opened the course in 1987" with a "world record 38 under par on his first ever round of golf (including 11 hole in ones) [sic]!"

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