New Orleans It’s hard to believe that any of us want to talk about taxes, but it’s hard to avoid the discussion since next to the act of declaring war, they are one of the most powerful forces that governments exert over their citizens. You may think I’m going there because of …
Category: Economics
Shareholder Democracy, Maybe?
Pearl River Among the many, many myths of capitalism, especially at this late stage, is that shareholders have any real say in the direction of the companies where they hold stock. Called shareholder democracy, it’s anything but. The deck has always been stacked for management and incumbent board members, particularly in the collection of …
Bargaining With Yourself
Little Rock Watching from a distance the back and forth of internal push and shove within the Democratic caucus in Congress in both the House and Senate is a negotiations case study, no matter how painful the process. In labor negotiations this is pejoratively called, “bargaining with yourself,” meaning that you are having to …