Category Archives: Economics

Thoughts of Employment Testing and Liability

Posted on March 26, 2019 by Jim

Recently, Yaron Brook published interesting commentary about the Aunt Becky college admissions scandal. He shared an anecdote about a conversation with company executives about why they don’t test job candidates in order to qualify them for employment. Here is Brook’s … Continue reading →

Posted in Congress, Economics, Political Discussions, The Courts | Tagged Aunt Becky, Certification, College, EEOC | Leave a comment

The Objectivist Conference (OCON) and Ideas for Living Life on Earth

Posted on June 11, 2017 by Jim

In Ayn Rand’s novel Atlas Shrugged, the world’s hidden producers gathered for one month each summer and in part they traded the intellectual products that they had produced during the prior year. Similarly, Objectivists (those who study and apply Ayn … Continue reading →

Posted in Economics, History, Political Discussions | Tagged Amesh Adalja, Andrew Berstein, Andrew Lewis, Atheism, Atlas Shrugged, Ayn Rand, Capitalism, Elan Journo, Eric Daniels, Gregory Salmieri, health care, Jihad, laissez-faire capitalism, objective law, Objectivism, OCON, patents, Peter Schwartz, Rituparna Basu, Robert Mayhew, Tara Smith, vaccination | 1 Comment

CalPERS Warns Against Investing in California

Posted on August 24, 2013 by Jim

CalPERS, the California Public Employee’s Retirement System, has big bucks from California taxpayers to invest in support of the promises that California politicians have made to public employee unions. Asset International’s Chief Investment Officer reports that CalPERS has only 8.9% … Continue reading →

Posted in Economics | Tagged California, CalPERS, economic regulation, pensions, public employee pensions, public employee unions | Leave a comment

Is the Great Recession really over?

Posted on June 16, 2013 by Jim

I did not realize that we are many years into President Obama’s economic boom times. Reportedly, the Great Recession ended only a couple months after our President took office, but that must be former President Bush’s fault. Yet, to me, … Continue reading →

Posted in Economics, Questions | Tagged Barack Obama, Bureau of Economic Analysis, Commerce Department, debt, deficits, GDP, George W. Bush, Great Recession, John Allison, National Bureau of Economic Research, recession | Leave a comment

Open Letter to Freddie Mac’s Paige Wisdom

Posted on March 8, 2013 by Jim

Recently, I have been doing some reading on risk management related to public policy. Not too surprising given my recent posts that provide evidence that government control does not mean zero risk, but often higher risk. One piece that I … Continue reading →

Posted in Economics | Tagged Fannie Mae, Freddie Mac, housing bubble, Paige Wisdom, risk management | 1 Comment

6 Causes of India’s Mega-Blackout, Lessons for US

Posted on August 17, 2012 by Jim

At the end of July 2012, India experienced an electrical blackout that affected more than half of that country. This event raised serious concerns about India’s ability to sustain its economic growth. Given the rhetorical attacks against capitalism and selfishness … Continue reading →

Posted in Economics | Tagged blackout, economic regulation, electricity, German, India, Japan, M. Northrup Buechner, Objective Economics | 6 Comments