by Henry Oliner | Dec 22, 2017 | Media, Politics
By Henry Oliner “A lie gets halfway around the world before the truth has a chance to get its pants on.” Winston Churchill While attributed to Churchill this quote has a history before his time, but imagine how today’s social media magnifies this axiom. The New York...
by Henry Oliner | Oct 9, 2015 | Politics, Social
from Making It All Up by Andrew Ferguson at The Weekly Standard Behind the people being experimented upon are the people doing the experimenting, the behavioral scientists themselves. In important ways they are remarkably monochromatic. We don’t need to belabor the...
by Henry Oliner | Sep 30, 2014 | Economics, Uncategorized
Economist Mark Perry writes in Carpe Diem When we consider all US CEOs and all US workers, the ‘CEO-to-worker pay ratio’ falls from 331:1 to below 4:1 Excerpts: The AFL-CIO is comparing: a) the average salary of a small sample (350) of the highest paid US CEOs, out of...
by Henry Oliner | Dec 29, 2011 | Politics, Taxes
From The Atlantic by Derek Thomson, The Most Important Graphs from 2011, 12/21/11 This graph shows how the richest 1% have take a larger share of the economy in the last 35 years: … or does it? This graph does consider the effect after taxes and transfer...
by Henry Oliner | Aug 15, 2010 | Economics
In a world of uncertainty it is more important to know the odds than to know the facts. In a business bet, if you have a thirty percent chance of winning one hundred dollars or a seventy percent chance of winning forty dollars (with return of principal guaranteed) the...