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Budget Driven Strategy

from Peggy Noonan at the Wall Street Journal, America’s Strategy Deficit: excerpts: On Thursday came the testimony of three former secretaries of state, Henry Kissinger(1973-77), George Shultz (1982-89) and Madeleine Albright (1997-2001). Senators asked them to...

Uber and DUIs

In LA Weekly Dennis Romero writes IS UBER REDUCING DUIS IN L.A? In a vast, 4,000-square-mile county, it’s hard for many folks to get around without a car. And that has meant that DUIs have become a much-feared epidemic. But ride-sharing apps like Uber, Lyft and...

Crony Inequality

from Don Boudreaux at Cafe Hayek A Quick Note On Inequality and Cronyism: Cronyism of the sort that Sam rightly and consistently decries does indeed unjustly enrich some people by making other people poorer.  So such income transfers (which, as Sam suggests,...

Cheaper Does not Mean more efficient

from The New Yorker, a review on the book America’s Bitter Pill by Steven Brill.  The review is by Malcolm Gladwell. excerpt: It is useful to read “America’s Bitter Pill” alongside David Goldhill’s “Catastrophic Care.” Goldhill covers much of the same ground....

Self Interest vs Selfishness

from Selfishness, Greed, and Capitalism by Christopher Snowden Like Chang, many critics of capitalism use ‘self- interest’ and ‘selfishness’ (or ‘greed’) interchangeably, but they are quite different. Selfishness implies indulging oneself at another’s expense, but...