More Regulations Increase Personal Freedom; More Taxes Increase Personal Wealth

To most, the title of this post is, at best, confusing, at worst, completely counter-intuitive. How can regulations increase personal freedom? How can higher taxes increase personal wealth? This predictable response speaks to how weak the progressive message has been on the central issues of our time: raising taxes on the rich and raising regulations […]

The Disaster in the Gulf May Only be the Beginning…

We have yet to calculate the full extent of the damage in the gulf, but it’s looking like it may be the worst environmental¬†disaster¬†ever. ¬†Unfortunately, I’m afraid this is only the beginning… A couple of years ago, I read a book called The Wrecking Crew by Wall Street Journal columnist Thomas Frank (also the author […]

The BDSM Economic Theory

In case you weren’t sure why the SEC was unable to catch Bernie Madoff or police Wall Street over the past few years, thankfully the answer is finally here. On April 23, 2010, a newly released government report concluded that many senior SEC officials spent hours viewing and downloading pornography on the agency’s computers. What […]