How to Defend or Oppose Thomas Piketty

Summarizing Thomas Piketty’s voluminous research in his new book, Capital in the Twenty-First Century,” the NY Times said that looking back, we have overstated the beneficence of capitalis…

The Unexpected Impact of Changing Times

Beyond less sleep, when we moved our clocks ahead last night, we created many unintended consequences. It all began during the 1880s when the railroads said that they should coordinate time. With rail…

Unexpected Consequences From Fuel Economy

Hoping to cut costs at the pump and buy less foreign oil, President Obama said in his 2014 State of the Union address that medium and heavy duty vehicles would be the next target. A part of the CAFE m…

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