Tag Archives: pernicious incentives

The Failure of the Welfare State

Dear Friends, It seems to me, Quantitative Easing, (QE), or in other words, monetizing debt, is the ultimate repudiation of welfare state economics. Greece, is the poster child for the failure of both the welfare state, (socialism by another name), … Continue reading

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Why We Have School Shootings

Dear Friends,   It seems to me, the raft of school massacres, drive by shootings, gang rapes and other heinous crimes perpetrated by our children should make us question… what in our society has gone so terribly wrong? The callousness … Continue reading

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A Solution for Too Big To Fail.

Dear Friends, It seems to me, the too big to fail dilemma gets worse, every time our legislators have a go at it. The Elite’s regulations always result in pernicious incentives that, instead of preventing banks from becoming too big … Continue reading

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