Recent posts

Groupthink

In the Sunday, November 2, 2008, New York Times business section was a great column by Robert J. Schiller, a professor of economics and finance at Yale, and a person who understands how

John Wooden’s Lessons and Legacy

I was prepared to post another blog recently, but decided that it was important to post some observations about John Wooden, the great basketball coach of UCLA who died on June 4 at

Higher Taxes And Government Services

Given the recent attention to “millionaire’s tax” proposals, I have been asked about higher tax rates on high-income individuals. Whether I support paying higher taxes depends on whether government is spending those

When Hard-Nosed Purchasing Does Not Work

In the July 6, 2011, issue of [https://online.wsj.com/article/SB10001424052702303339904576406163574698214.html] The Wall Street Journal [https://online.wsj.com/article/SB10001424052702303339904576406163574698214.html] , Roger Bate has written a column entitled “Beware