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The Fakery of Paul Ryan
Like most (all?) Washington politicians, Paul Ryan is a liar and a hypocrite. Read about it here. Skip to page 6 for the ultimate example of Ryan’s nearly pathological fakery.
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Private Equity Parallels the Mortgage Business
I’ve been trying to ignore all the discussion in the presidential campaign about Bain Capital and leveraged buyouts and private equity, but pull is too strong and I can no longer resist....
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Judge Richard Posner on Luck, Wealth and Taxation
First of all, how come nobody told me that Richard Posner and Gary Becker had their own blog? I have never referenced Becker in this blog, but he is a big hitter economist of the Chicago school. But I...
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Multinational Corporations and the American Commons
Harvard Business School recently launched what it’s calling the US Competitiveness Project, which is “a research-led effort to understand and improve the competitiveness of the United States.” To...
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California & SF Voter Guide
Thoughtbasket readers, if you live in San Francisco, or in other parts of California, and haven’t had time to read up on all the initiatives and propositions on next month’s ballot, a friend of mine...
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Overseas Cash and Justin Bieber
As tax reform is discussed in preparation for our upcoming leap off the fiscal cliff, among the topics has been corporate tax reform, in particular how American companies are taxed on their overseas...
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One Reason to Limit Access to Guns
With a renewed national dialog about gun safety (I am adopting James Fallow’s nomenclature; let’s focus not on controlling guns, but on improving gun safety), I want to point out that stupidity and...
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Why is Health Care So Expensive?
According to Steven Brill, whose 26,000 word article in Time is getting all kinds of attention, one big factor is price negotiation. An uninsured patient can’t negotiate at all, so they get charged...
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Is Gun Culture Just As Bad As Hollywood?
When Wayne LaPierre of the NRA held his famous press conference after the Sandy Hook massacre, he criticized and cast blame on Hollywood and the videogame industry and their violent products. This is a...
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How is Foreign Tax Repatriation Different than Immigration Amnesty?
As politicians in DC lurch toward some sort of bipartisan approach to immigration, conservatives remain adamant that immigrants currently in the country illegally be given no path to citizenship. These...
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