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The debate over the fiscal cliff has spawned a multitude of suggestions for reforming the tax system, including my own.  One possible reason for the wide range of proposals, even from mainstream economists, is that the recommendations of standard economic theory may be very different from what the American economy actually needs today.  Here are two views of taxation, from the theoretical and realistic standpoints – can you find a happy medium between them?
In 1975, rock legend Lou Reed released an album entitled Metal Machine Music. The album consists of no songs, no lyrics and is entirely devoid of melody and rhythm. Instead, […]
Ireland’s Catholic bishops have released an official statement on the death of Savita Halappanavar, to my surprise. It may well be that the outcry was so great, they felt obligated […]
Security is perhaps the most well-known illusion human beings have contrived. From the cursory seduction of emotional stability to the wrathful manifestation of raging armies, the painful longing for complete […]
Like any big, bold idea, Elon Musk’s plan for colonizing Mars strikes you at first glance as indeed crazy. And yet, the reason for Musk’s success in leading four of the most innovative companies in America is that he is analytically minded, first and foremost. 
Should employees be incentivized to deliver high performance on day-to-day tasks? Of course we need that, but 20-30 percent of incentives should be based on “breakthrough new pathways for the company, experiments,” says entrepreneur Jack Hidary.   
We’re having a conference—sponsored by the Intercollegiate Studies Institute—at Berry College next Friday and Saturday on POP CULTURE and REAL CULTURE.  All the details can be found here.  YOU are […]
Increased benefit choice brings along with it increased risk. For instance, what if employees choose options like paid time off at the expense of long-term benefits that will be much more valuable to themselves and their families over time?
For those of us who are committed to creating a better world how do we respond to the evil and heinous acts of our violent past? I just got back […]