South Carolina produces a front running candidate
Michael Bloomberg: Perhaps the only option for rational thinkers.
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Archive for the 'Economics' Category
Surviving a Chinese Downturn
Watching that 9% drop in the Chinese stock market and the turbulent day here in the US makes me wonder what we’re all in for.
Foreign investment in the Chinese stock market is extremely limited and its capital exposure relative to the world’s resources is still pretty minor. So why all the fuss?
It’s the little engine [...]
Blue-State Shield
California and Massachusetts have signed into law compulsory universal health coverage. Laid up with a broken leg, Arnie announced California was going to make it’s 6.5 million uninsured, insured. As per usual, there’s a great deal of concern about how this will cause insurance premiums to go up, quality of care to go down, the [...]
The color of money
The battle today between the courts and the Treasury Department is not so much about the color of money, but the shape of it. As anyone who has ever had a friend or family member who was blind or near to it knows, the greenback is a problem. Ones are the same as tens, or [...]
Using Protection
The Democrats will be coming into power in Congress in the next few weeks, and they’ll be gaining new force in legislation; among their new powers will be sway over trade law. While the President and his associates can negotiate trade bills and treaties, it’s the role of Congress to give the OK. With the [...]
Kyoto. K-Y-O-TO Kyoto.
The Kyoto agreement; a way to allow market forces help us clean up the environment by buying and selling credits to cover a country’s ability to pollute. There’s a certain genius in the concept; it creates revenue centers for things that were previously part of the tragedy of the commons, but there are also pitfalls. [...]
Hey brother can you spare a dime?
Every year the Nobel people award a peace prize; this year the award went to one Muhammad Yunus, the founder of Grameen Bank. Now, there are a number of things that have been said about this year’s winner: that he’s a worthy man, that he’s helped millions, that he has made the world a better [...]
Lies our politicians tell us.
Property Tax
I live in Massachusetts (or, if you prefer, Taxachusetts), and we’re in the midst of a gubernatorial campaign. One of the big issues is, to no one’s surprise, is taxes. The two major party candidates differ not in the fact that they want to cut taxes, but which one(s) and how much.
Both of the [...]
Economic Nationalism. The cost of jobs.
Companies today cross borders in search of a competitive edge, whether it be cheap labor, tax breaks, or acquisition of a valuable but troubled competitor. The pursuit of profit is for all intents and purposes both universal and amoral. The invisible hand of the marketplace has no qualms about hitting a “national champion” of a [...]
“Dad, can we turn the thermostat down?”
Global warming has been a subject of debate for many years. However only recently has it returned to the forefront of public debate. The fact is, things have been getting a bit odd the last few years, scientifically speaking. Storms have been getting worse and summer heat waves have been more intense. Glaciers are melting [...]
