In business circles they know that what gets measured gets done. It’s the numbers that accountants provide and managers use to set company policies that determine what these policies are, what gets priorities, what doesn’t. The same is true, of Continue reading
I thought I had a good idea. An obvious idea. An idea with a lot of natural and timely appeal. It involved too-big-to-fail banks. A couple of months back the Senate, in a highly unusual bipartisan move, unanimously passed a Continue reading
Too busy to follow economic news from around the world? Confused by all the differing views on whether things are getting better or worse? Brain wary trying to make sense of market analyst jabber and government spin doctor twaddle? Anguish Continue reading
Republicans have a plan to reform business taxes. They want flatter business taxes that lower the tax rate on highest taxpayers; that don’t reduce the revenue generated because it spreads the tax net to reach formerly untaxed or under-taxed businesses, Continue reading
I’m a writer. Maybe that’s why I have such a clear understanding of how words can be used to affect the way readers and listeners of words think. In the economic realm, over a period of decades, I’ve watched as Continue reading
(The scene is a washroom in the headquarters of Goldman Sachs. Mr. B., a company executive, comes out of his private Stall #8 after an extended visit, carrying a bunch of papers. He encounters Selig, the washroom attendant, who asks…) Continue reading
I had a strange dream the other night. I dreamed that I was an archeologist and came upon a three thousand year old tomb in Egypt. In the two rooms of this tomb were stacks of assets. One stack was Continue reading
Senator Bernie Sanders, a progressive senator from Vermont, is introducing a bill this week that would break up the Too-Big-To-Fail banks. It would require Treasury Secretary Lew to compile a list of these institutions in 90 days, and after that Continue reading
What’s going on in the world these days that one might think would affect stock markets? Let’s see. Italy’s recent election shows a fast growing opposition to German-foisted austerity measures within the EU, and suggests that this Union might very Continue reading
Are you confused about the differences between this country’s two major parties? Perhaps this simple guide will help. Republicans have a set of firmly held beliefs. Democrats have things they kind of like if no one objects too much. Republicans Continue reading