Content tagged with "economics"

Adventures in Litigation Financing
September 24, 2014

This New York Times article has introduced me to something I didn’t know existed: litigation financing. Lawsuits are expensive, and investors will fund your legal fees if they think you can win, and…

Evaluating Externalities
November 8, 2014

What can get mystifying about politics is that opposing politicians can have such different opinions about political issues. It seems like they can never agree about what to do about a given situation…

The Next Bubble
September 10, 2010

Student loan debt exceeds credit card debt in USA: I think the student loan bubble is the next one to burst: Total student loan debt exceeds total credit card debt in this country, with $850 billion…

The Rich and Their Effect on the Cost of Living
October 5, 2014

I’m not an economist, but I’m fairly confident in a couple of economic principles. Inflation tells is that when there’s more money chasing the same amount of goods, prices will go up. Supply and…

Solving the Working Poor
April 15, 2006

Improving the plight of the working poor can be a trickier problem than you think.

Why Johnny Can’t Find a Job
September 25, 2014

This video was shown at a Rotary lunch by the president of the local technical school. It lays out a solid (and entertaining) case that college isn’t for everyone, and you shouldn’t go “just to go.”…

Why the Wealthy Subsidize the Tax Burden of the Middle and Lower Class
February 10, 2016

I have a theory: the U.S. economy requires a significant number of Americans to be stupid with money. If we ever all got our crap together and started managing our personal budgets responsibly, the…