Category Archives: economy

Stop the Bailouts!

Dear Friends, It seems to me that continuing to bail out Greece is the height of stupidity and can only result in a greater fall when the inevitable fall comes. Lets face it, the Greek model is unsustainable… put simply. … Continue reading

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Crony Capitalism and Distributive Justice

Dear Friends, It seems to me, that the just distribution of societies goods, is of paramount concern to everyone who lives on the planet. The debate has been going on as long as humanity has strode the globe. Today the … Continue reading

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The Chinese Empire

Dear Friends, It seems to me that a light bulb burns brightest before it blows out. The current exceeds the filament’s ability to handle, the temperature of the filament goes up and so the light emitted goes up, while the … Continue reading

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Regulation and the Principle Agent Dilemma

Dear Friends, It seems to me that Chief Executive Officers, COEs, of large corporations have many of the privileges as owners of large companies, but have none of the responsibilities. As we see empirically with teenagers, people who are given … Continue reading

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Animal or Human?

Dear Friends, It seems to me, for a person to start a homestead, he must cut the trees, pull the stumps, kill anything that ventures on his land to take his vegetables, and fence in new animals that are alien … Continue reading

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On Class Mobility

Dear Friends, It seems to me that the real measure of the justice in a society, both hypothetical and existing, is to measure the level of class mobility in that society. Other devices and accepted wisdom, used now, like the … Continue reading

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London Calling…

Dear Friends, It seems to me, I once heard a saying, it went like this, “You don’t defecate where you eat.” This saying, while more crudely stated the way I heard it, has many applications, not the least of which … Continue reading

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Our Economic Witch Doctors

Dear Friends, It seems to me that a doctor, who prescribed only pain killers and did nothing to remedy (set) a broken leg, would be guilty of malpractice. That malpractice would be compounded if that doctor then told the patient … Continue reading

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My Day at the Bank

Dear Friends, It seems to me that: The bustling city street glistened from the recent rain. Walking down the lane, the sun was poking out from behind the clouds, and my shoulder, turning on the drops still clinging to the … Continue reading

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The World’s Debt Crisis

Dear Friends, It seems to me that the modern welfare state is showing some of it’s weaknesses in the debit crisis that is engulfing the industrialized World. Winston Churchill is credited with having said, “The problem with socialism is that … Continue reading

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