Homines libenter quod volunt credunt
Posted in Uncategorized on Nov 6th, 2009
New York State is terrific at it. Now our governor and the brilliant minds in the state legislature are proposing: … new license plate fee is on top of the 25 percent jump in drivers’ license and registration fees that were included in the budget and are already in place – fee hikes that especially […]
Posted in incentives on Nov 6th, 2009
An example of what the “too big to fail doctrine” gets you: Mr. O’Neal, the man considered most responsible for Merrill’s disastrous foray into risk-taking, told me in an interview last year that in the fall of 2007, when he saw that the firm’s problems were insurmountable, he had a deal to sell Merrill to […]
Posted in Inequality, You Can't Have it Both Ways on Nov 6th, 2009
You’ll often hear railing that CEO pay is nuts and immorally high. After all, who needs $11 million per year? And how can it be necessary or fair to have CEOs running around making 400 times the typical worker pay, while 25 years ago that number was roughly 30 times larger. Fine, have those opinions, […]
