Monthly Archives: May 2011

Redistribution of Wealth

Redistribution of wealth has a bad reputation and is certainly something of which to be cautious.  However the country we have is in part a result of a compromise made on redistribution of wealth in the 1930s, and the unwinding … Continue reading

Posted in Theory, Uncategorized | Comments Off on Redistribution of Wealth

Sue More Lawyers

As I listened to the very entrepreneurial attorney talk through possible justifications for a class-action suit against banks it occurred to me yet again that the U.S. would be a different place if the attorney had the same exposure to … Continue reading

Posted in Policy, Uncategorized | Comments Off on Sue More Lawyers

Regulation and a National Market

In this anti-government time it’s worth remembering that a national market can’t exist without regulation from a strong and effective national government.  This has been true throughout history – there has never been a national market without a strong national … Continue reading

Posted in Uncategorized | Comments Off on Regulation and a National Market