Sunday, June 15, 2014

Father's Day

In honor of Father's Day, here is a post from Dennis Prager, explaining the commandment to honor our mother and father.

Happy Father's Day to all those men living and departed who serve as role models for us to live the Judeo-Christian values.

Friday, June 13, 2014

Entrepreneurs vs. thugs

These remarks from Thom Hartmann are truly idiotic.

You "don't have to deal" with the Koch Brothers?  Are you kidding me?  So men that made their fortune the old-fashioned way and are contributing to advance liberty and cure cancer are favorable to a cabal of thugs?

I'll take even the slickest of shysters on the free market over a shyster with the power to seize my property.

Thursday, June 12, 2014

UberCab Demo

Uber is all over the news, including this blog.  It's exciting.

Below is a demonstration from this app on how Uber actually works.



Wednesday, June 11, 2014

10 years behind the conservatives?

It's often said that American policy is basically just Europe's, but 10 years behind.  This implied that progressive ideas made their way here, they just faced a little more resistance.

It starts to seem like America is again behind the times -- but this time it's because we are slow to embrace conservative policies.  Just as Britain hits the brink of an immigration crisis and Canada relaxes its energy policies, Obama has us going straight to these same tired policies.

We can only hope that this is our future.  And with an economics professor handily defeating a tired old Republican, maybe we will get there.

Tuesday, June 10, 2014

Steps of Pittsburgh

We at this blog are fans of all things Rust Belt.  The WSJ had a great human interest story on the stairs of Pittsburgh.

Like most Midwestern cities, Pittsburgh's industrial days have left behind an expensive infrastructure.  In this case, many stairs were constructed to accommodate immigrant working-class housing.  The city can barely chart all these staircases, let alone maintain them.

It would be a shame for the city to just destruct these.  How about privatizing them?  Like the article says, many of these stairs lead to residences that cannot easily be found from the street.  Private companies would do a much better job cataloging their own property.

In a city that is leading the Rust Belt's recovery, this urban, pedestrian-friendly feature of the city should be capitalized on.  Privatization of the city's stairs would be a great way to explode the myth that infrastructure can only be maintained by the government.

Monday, June 9, 2014

Perverse Incentives U

In a move completely against the principles of economic incentives, President Obama used that famous pen to sign an executive order which would cap student loan payment to 10% of a student's monthly income.

Really?

As a hardworking recent graduate who (along with my parents) has made a lot of sacrifices to pay off my student loans the old-fashioned way, I am honestly too exasperated to elaborate.  So take it away, Peter Schiff.

This is going to be the student loan bubble's equivalent of the Community Reinvestment Act.

#Perverseincentives


Uber's valuation

The citizen-for-hire taxi service Uber raised $1.2 billion dollars that put it at a $17 billion valuation.

This should remind us that in the connection economy, value is waiting to be unlocked in the simplest of everyday activities.  What used to just be a journal or small 'zine can now easily become a million-dollar blog.  Stars are born overnight for posting rather spartan YouTube videos.

This extends beyond the creative arts.  There's a market now for your passenger seat or a place at your table.

The mundane now has a market.
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