by admin | Dec 1, 2017 | Uncategorized
Morale hazard is loosely defined as the presence of an outside item or system that affects typical behavior. I like to use an example of an SUV-type vehicle. Because of added safety features and the enormity of the vehicle, drivers report feeling safer and...
by admin | Nov 29, 2017 | Uncategorized
In an essay, entitled “Making It in America.” in the latest issue of The Atlantic, the author Adam Davidson relates a joke from cotton country about just how much a modern textile mill has been automated: The average mill has only two employees today, “a man and a...
by admin | Nov 27, 2017 | Uncategorized
Freedom of speech might allow journalists to get away with a lot in America, but the Department of Homeland Security is on the ready to make sure that the government is keeping dibs on who is saying what. Under the National Operation Center (NOC)’s Media Monitoring...
by admin | Nov 24, 2017 | Uncategorized
In 1957, University of Michigan psychology professors Joseph Veroff, Elizabeth Douvan, and Richard Kulka released a survey that examined American attitudes to being single. The findings were stark: 80% of those surveyed believed that people who preferred being...
by admin | Nov 22, 2017 | Uncategorized
China is fighting for its right to pollute. The government has banned Chinese airlines from paying a pointless new European emission tax. The argument isn’t really about the environment. It’s about China’s “don’t intervene” foreign policy, which also led it to veto a...