Radley Balko responds to those who want to use the current financial meltdown as an argument against the privatization social security which constitutes a good portion of workers’ retirement accounts. For the unititiated, these “accounts” are now largely controlled and owned by the government under the fragile ponzi-scheme known as Social Security. Privatization, writes [...]
I’ve had some problems lately with WordPress. The WYSIWYG editor disappeared. Some people on forums say it has to do with a problem with the TinyMCE or wp_includes file, and may be related to a version update. I never messed with any of these. I’m not sure how my version of WP [...]
A peculiar sort of tragedy of the commons is the not in my backyard argument, used to forestall or prevent certain “undesirable” developments (like airports, Wal-Marts, nuclear reactors, or oil derricks). On the one hand, the tragedy of commons asserts that when property rights are not clearly defined, the property in question will be [...]
One of my Finance professors used to always say that anyone who could figure out how to competitively loan money to the small business would be a billionaire overnight. He cited a number of hurdles that would need to first be overcome: the hands-on, labor-intensive inventory accounting that often takes place when evaluating a [...]
