When you look at Capitalism you can't help but look at Game Theory. Players can come to dominate the game. Then the idea that capitalism always achieves maximum gain becomes invalid. There is a role of governments to regulate and adjudicate the game. That is not Socialism, but rather makes the "triumph of capitalism" possible.
If there were a worldwide redistribution of income today in which every man, woman and child earned
It is estimated that 2000 guns per day are flowing illegally across the border into Mexico, a large percentage of those weapons being semi-automatic rifles similar the one used in today's shooting in Aurora. These guns are being used to kills cops, so much so that the cops cover their faces so they or their families will not be hunted down and killed. There...
I've heard a similar message coming from Elizabeth Warren, but this one comes from Obama. People who are wealthy and successful got there because of the many people who made that possible which likely includes people who work much harder and face even greater challenges. The heros in our society should be the people help others when nobody will help them, pe...
The following is something that is getting circulated. On the surface, the logic sounds good, and it
It seems hard to imagine, but it is true all across the country
So for something like the thirty fifth time, the US House of Representatives passed a bill to end the Healthcare Reform that is a cornerstone of the Obama presidency. Not only is the Democratically controlled Senate certain to vote this house bill down, the President is certain to veto it. This bill has a 0% chance of passing.It makes you wonder if there is...
It seems that school programs meant to help prevent young people from getting into hard drugs like cocaine may need to focus a little more time on the use of alcohol. According to a study from the Journal of School Health, alcohol is the most likely gateway. “Some of these earlier iterations needed to be fleshed out,” Adam Barry said. “That’s why we wanted t...
If a couple is only allowed to place $10,000/year into an IRA, how is it that Mitt and Ann Romney's
Are they mutually exclusive?
A note on Ronald Reagan, free unions, and collective bargaining.
"The twentieth-century, in its latter half, shall surely see the deluge-tempest burst upon the socia
Francois Hollande's victory in the French presidential election is not the only part of a sea change
Over the last two decades thousands of workers have sued companies like Del Monte, Dole and Dow Chem
As Greece stands on the brink of exiting the Euro and its looming elections ...
Will it really happen?
So far the verdict is "no"
The definition is important to how we define our society
Sure looks like it.
World's tallest building structure