The Radford Free Press – Page 96 – All life is problem solving.

Commentary, Politics / debt ceiling, fiscal cliff, government spending, Republicans /

Debt Ceiling – Reminder

October 26, 2015

Just in case you thought we had entered a quieter period in our politics, allow me to remind you that the oddity known as the debt ceiling will be reached on November 3rd. That’s pretty soon. More to the point Speaker John Boehner is complaining he doesn’t have the votes to pass legislation raising it. […]

Economics / business firms, Coase, economic theory, operating space, theory of the firm /

Operating Space – First Cut

October 26, 2015

It has become impossible, apparently, for anyone to do a sober analysis of the torrent of fads that collectively are known as the start-ups of Silicon Valley. Instead we are given a fast paced – it has to be fast paced nowadays for fear of being disrupted five minutes later – and inevitably glowing surface-skim […]

Economics / Angus Deaton, Behavioral Economics, economic theory, Nobel Prize /

I Don’t Care About the You-Know-What Prize

October 14, 2015

Every year around this time many of you get seriously vexed over the award of something the we know as the sort-of-Nobel prize in economics. And every year I get swept up in the hubbub. Not this year. I have decided to ignore the entire thing. Who cares? I don’t. Nor should you. Nor do I […]

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