Tag Archives: poverty

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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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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Metric For Measuring Revolution

Dear Friends, It seems to me that one way we can tell the direction a revolution will take is how the former elite are treated. It may seem like a foolish metric to use but if we examine history and … 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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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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On Somalian Famine

Dear Friends, It seems to me, if the Romans had fed, clothed and housed the civilian population of Carthage, history would not have been written in Latin and we might be worshipping Baal. Had the Allies fed, clothed and provided … Continue reading

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Politics and the US Debt Debate

Dear Friends, It seems to me extremely disingenuous for the politicians to have created this budget problem and are now using it to attack each other. The ramifications, for not only the US economy, but for the World economy as … 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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