The US House of Lords
A few months ago my friend Scott S. made a claim that 40 Senators represent less than 10% of the US population but...
Category: Politics
Avoiding Moral Hazard
Moral hazard occurs when someone insulated from risk behaves differently than they would behave if they were fully...
How Much You Owe
This morning as a Taxpayer your share of the national debt is $118,598. By the time you read this it will have...
“It’s brutally unfair. It’s wrong.”
I agree with what President Obama said in his Louisiana speech on Friday June 4th: "It’s brutally unfair. It’s...
Nanny State Alert
California is talking about banning trans fats in foods served in Restaurants. I smell Nanny State. A city in...
Costa Rican Entrepreneurs
In the 1990's I heard an economist say that "in the future countries will compete based on how well they treat people,...
Democrats and Republicans
I spent a bit of time at airports getting home from Utila. On one leg of the flight my friend Henry L. talked himself...
A Conflict of Interests
The US Government, which is the majority shareholder of General Motors, is also the arbiter of automobile safety in the...
William Walker
This is a story that they don't teach to school children in the USA. But they do teach it in Costa Rica. I think it...
Scary Graph
This graph is courtesy of Randy L. from the AEI who took it from a JP Morgan...
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