Monthly Archives: June 2011

Capitalism, Unions, and Offshoring (Part III): Cost-Cutting

After encouraging its workforce to unionize, Egalitarius’ management saw a precipitous decline of 80% in its share price. With an eye on saving the company and the executive team’s jobs, Egalitarius’ management implemented aggressive cost-cutting measures.

Rate this:

Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 6 Comments

Twilight in the Desert: Well-Documented Warning on Peak Saudi Oil

Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy is Matthew Simmons’ thoroughly researched and well-documented account of Saudi Arabia’s aging oil fields and what it means for the global economy. In the book, Simmons argues that Saudi … Continue reading

Rate this:

Posted in Book Reviews, Business, Clean Energy, Defense, Energy Security, Finance and Economics, International Security, Media, Middle East, Peak Oil, Policy, Politics, Predictions | Tagged , , , , , , , , | 59 Comments

Capitalism, Unions, and Offshoring (Part II): Workers of the World, Unite!

In the first installment of this series, we introduced two widget producers called Egalitarius and Meritocratus. Egalitarius’ management encourages its workers to unionize, because it wants to ensure that the company treats them fairly. With high ambitions to rectify Egalitarius’ “unfair” labor practices, the Widget Worker’s … Continue reading

Rate this:

Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 4 Comments

Capitalism, Unions, and Offshoring (Part I): A Tale of Two Firms

Once upon a time, there were two firms, Meritocratus and Egalitarius. Both firms operated in the $10 billion widget industry, and each had 50% market share. Widgets were not a commodity. Purchasers were sometimes willing to pay a premium for a … Continue reading

Rate this:

Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 3 Comments

Will My Generation Do Better Than the Last?

Hearing this old Billy Joel song from the early eighties made me feel somewhat nostalgic about my childhood in Delaware and Pennsylvania. It is also seems to me to be a bit melancholy.  The closing of a factory town. The passing of the … Continue reading

Rate this:

Posted in Media, Politics | Tagged , , | 15 Comments

Christie Scores Legislative Victory Against Public Unions

According to The New York Times, New Jersey’s Assembly passed a bill 46 to 32 today that would “sharply increase what state and local workers must contribute for their health insurance and pensions, suspend cost-of-living increases to retirees’ pension checks, … Continue reading

Rate this:

Posted in Business, Finance and Economics, Media, Policy, Politics, Taxes, Unions | Tagged , , , | 4 Comments

Bush vs. Clinton: Unemployment

I posted an article earlier this month comparing the monthly unemployment rate under President George W. Bush with the most recently available unemployment data under President Obama. However, many of my left-leaning readers were also interested in a comparison of George W. Bush … Continue reading

Rate this:

Posted in Business, Finance and Economics, Media, Policy, Politics | Tagged , , | 26 Comments

Highway to Hell: An Anniversary of Sorts

“Rule 1, on page I of the book of war, is: ‘Do not march on Moscow’. Various people have tried it, Napoleon and Hitler, and it is no good. That is the first rule.” — Field Marshal Bernard Law Montgomery … Continue reading

Rate this:

Posted in Defense, Energy Security, International Security, Media, War | Tagged , , , , , , , , , , , , | 6 Comments

Fracking Actors Whine about Fracking

Whenever the Hollywood/Broadway “elite” band together and make a public service announcement, I instinctively want to oppose it. They could be offering immortality and I would completely miss it. The bottom line is that people who make their living by pretending to … Continue reading

Rate this:

Posted in Business, Clean Energy, Clean Tech, Energy Security, Media, Peak Oil, Policy, Politics | Tagged , , , , , , | 15 Comments

Idiot-Proofing and Our Paternalistic Government: Keeping Cretins Alive

“President Obama is committed to protecting our nation’s children and the American people from the dangers of tobacco use. These labels are frank, honest and powerful depictions of the health risks of smoking and they will help encourage smokers to … Continue reading

Rate this:

Posted in Business, Education, Healthcare, Media, Policy, Politics, Taxes | Tagged , , , , | 10 Comments