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Taxation explained clearly by a Distinguished Professor of Economics

Sometimes Politicians can exclaim; “It’s just a tax cut for the rich!”, and it is just accepted to be fact. But what does that really mean?

Let’s put tax cuts in terms everyone can understand.  Suppose that every day, ten men go out for dinner.… Continue Reading →

Global Thoughts: American Presidential Election 2004 22 October 2004

The upcoming election has invited more public participation than usual. The stakes are high, the choice is not clear, and so far the polls show a tie. People think their vote counts. So much so, that if the new president wins in the electoral college but loses the popular vote, I expect to see moves to abolish the electoral college or at least change the winner-takes-all part of it.… Continue Reading →

Global Thoughts — 4 October 2004 …Spanning the globe a month before American Elections

A few good jokes I’ve heard lately: Business ethics means that when your business client gives you $40 for something that costs $20, do you tell it to your business partner?

An interfaith council came up with concessions for world peace.… Continue Reading →

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