Posted in Current Events, Economics, Morality and Ethics on April 22nd, 2008 2 Comments »
This article was in today’s (April 22nd 2008) China Daily. I have highlighted the salient points that I think mark differences from American values or are important. I can’t say whether the article is accurate or objective, but it does highlight differences in values that cause some conflict and misunderstanding with the West. From what […]
Posted in Book Reviews, Economics on February 29th, 2008 No Comments »
Alan Greenspan’s book has a chapter titled Conundrum, in which he states that property rights are undermined by fraud and improper regulation. Looked at this way inflation destroys property rights to the extent that it differentially shifts wealth. Certainly cost externalization by corporations in the form of pollution counts as an infringement if people access […]
Posted in Current Events, Economics, Morality and Ethics, Politics, Science on October 7th, 2006 2 Comments »
If we rely on markets to correct global problems, what if the problems effect the environment such that repairs take hundreds, thousands, or millions of years? Evolution has a hidden hand too, and it can spank us if we get out of line.
Posted in Economics, Politics on April 6th, 2006 No Comments »
Our tolerance allows us to keep hoping things will get better. And they will get better, for the few.