Monthly Archives: August 2014

What “The Makers” Make

We often here that the so-called “makers”–people that conservatives identify as the “job creators”–don’t really make anything, but they really do. They consolidate risk and bundle it, creating, for example, securitized debt, which led to the Great Recession. They make … Continue reading

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The Free Market (Whether You Like It Or Not)

Cost Control (Instead of Crowd Control) On Demand Kick the risk out the front door and it just comes in the back. Being sure each citizen has enough income to demand supply controls costs. Without subsidies, or price supports (like … Continue reading

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The Hurt Alert

British authorities raised their terror-alert status. International affairs wants to dominate the news cycle. Just as important, the “want” (the organized intent that “just kind of happens”) is not disconnected to domestic affairs. Diplomacy centers on the probability–the risk–of unacceptable … Continue reading

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Making the Adjustment

Do you ever see a yield sign? What does it really mean? It’s all about taking risk and, reading the signs, about making it for yourself. “The risk” is not a subjective value. It is an objective, measurable (empirically valued) … Continue reading

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Yielding To an On-Demand Existence

Makers and Takers: Making the Adjustment, Taking the Risk The success of capitalism is failing because it yields to unacceptable amounts of harm. Rifkin says, cooperative enterprises–which are employee-owned and non-profit–exceed the number of for-profit start ups. The trend will … Continue reading

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Assessing the Risk of Doing Harm

Attributive identity is all important when assessing the risk of doing harm. There is a whole lot of unhappiness (detriment) associated with the attainment of zero marginal cost. According to conservatives, economic fortune is an act of self-determination. If you … Continue reading

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Public Policy and Natural Existence

When reality yields unacceptable amounts of harm (whatever that is), that’s just the way it is…just accept it, the Objectivist says after TBTF banks are not allowed to fail because of unacceptable amounts of harm. Practitioners of the art and … Continue reading

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