The Best Government Money Can Buy

In a Republic, the interests of citizens are represented in their legislature by representatives, rather than individually and the United States of America is a Republic. That’s our centuries old …

Sorting Out Consumer Protection Agencies

Forget it, they’ve all had their teeth pulled by Congress and are now staggering around looking for something soft enough to chew. The names remain among the body politic, but …

The Shoes Yet to Drop

Flooding the banks (both commercial and investment) with cash by the Federal Reserve had the intended purpose of dodging the 1929 bullet of insolvency due to a lack of available …

Chop Shop Case in Point: General Electric

From Thomas Edison to Jack Welch The history of General Electric is akin to a corporate archeological dig. The bones of the human drive to create are all there, moldering …

Madison Avenue vs. Truth in Advertising

As you might expect, Madison Avenue is the well-known moniker slapped on the ad business, because so many of them hung out there before all that hopeful conglomerating during the …

The ‘Invisible Hand’ Is in Your Pocket

The Definition 1In economics, the invisible hand is the term economists use to describe the self-regulating nature of the marketplace. The invisible hand is a metaphor coined by the economist …

The Sports Metaphor

“The future ain’t what it used to be.” Yogi Berra Mysteries: Today’s Too-Big-to-Fail Mentality The Federal Reserve announced in March 2009 that it was poised to inject $1.2 trillion (whatever …

Complaint #214 and 215

The Czechs speak of themselves as ‘complainers’ and, after living here for over 21 years, I’m coming around to their attitudes. Why not complain a bit, it’s cleansing for the …

There Is No Sum

Zero Sum Game The phrase ‘zero sum game’ is bandied about a good deal these days. In game theory, a zero sum game is one where all the winnings and …

The Parts Are Greater than the Sum

Say What? You didn’t misread that. I know, we’ve always been taught that the sum is greater than the parts. The United States of America is greater than Alabama, Wyoming …