Tag Archives: corruption

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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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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Jobs and Demand

Dear Friends, It seems to me that the one thing that would improve the lives of every human would be to drive up demand for labor. This would have several positive effects, wages would increase reflecting the sliding demand/supply curve, … Continue reading

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“rights” vs Rights

Dear Friends, It seems to me, many people believe that food, clothing, shelter, and healthcare are human rights. While it is absolutely a fundamental human right to have access to them, it is not a right to have someone else … Continue reading

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Political Standards

Dear Friends, It seems to me that if one set of standards is good two must be better. Holding one political philosophy to a much different standard of personal conduct is one example. Holding the different political philosophies to multiple … Continue reading

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My Confession

Dear Friends, It seems to me that there can be an effective ad homonym attack made on me and my motives in writing my blogs. The assault could be that I stand to gain materially if the ideas that I … Continue reading

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Cognitive Dissonance

Dear Friends, What does it say about a government’s attitude towards it’s citizens, when that government allows illegal aliens to break the laws of the country with practical impunity (not requiring drivers licenses for instance), allows lawmakers the privilege to … Continue reading

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