Category Archives: Economics

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

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

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CalPERS Warns Against Investing in California

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

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Is the Great Recession really over?

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

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Open Letter to Freddie Mac’s Paige Wisdom

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

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

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

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