Viewing profile — hookahboy

yeah but wages are also taxed on nominal terms, not real terms.

And how exactly does capital owe "future" taxes on gains or dividends based on inflation?

Balderdash! Inflation and risk do not round to zero for wage income - wage income for the most part is NOT indexed to inflation and is certainly NOT guaranteed.

This reads like a re-telling of Atlas Shrugged, dressed up for the 21st century but the causality runs from lack of government spending throughout the decades after the Great Finan…

Here's a more fleshed out version: https://en.wikipedia.org/wiki/Coase_theorem . He did acknowledge things like transactions costs etc., which like in can-opener fashion, is typica…

That is NOT what Coase was about - his proposition was that if you have well defined property rights, the parties would transact and price out any negative externalities efficientl…

With regard to your comment, and since we are on the subject of style, I would rephrase "... only contend on two things" as "... only differ on two things". While it is grammatical…

I don't know whether approaching linear algebra using a "gut feeling" approach is a good idea though.

"Intuition is the ability to acquire knowledge, without recourse to conscious reasoning or needing an explanation." https://en.wikipedia.org/wiki/Intuition I don't think this is wh…

Andy Grove didn't run Intel the way Paul Otellini did - Boeing had CEOs too before the current crop - it's not just modern capitalism, it's this perverse mutation we seem to have b…

You've totally missed the point of the article - the failure is not idiosyncratic to any one CEO or to an individual manager's failure, it's the result of incentives that put these…