Some good advice. ========= June 13, 2014 6:56 p.m. ET Living in my parents’ second bedroom as a 24-year-old two years out of college, I know first-hand the challenges and opportunities of celebrating Father’s Day with dad in the next room. Since nearly 40% of 18- to 31-year-olds live with their folks, I know I’m not alone. Here’s how to get it right... Read more
Archive for the ‘Economics’ Category
Father’s Day Advice for Freeloaders
June 21 | Posted by mrossol | American Thought, Economics, InterestingWhat Dave Brat Taught Conservatives
June 21 | Posted by mrossol | Economics, Tea PartyWSJ_June 12, 2014 7:14 p.m. ET With Washington determined to take a lesson away from Dave Brat’s rout of House Majority Leader Eric Cantor, let’s make sure it’s an enduring one. Let’s talk “reform” conservatism. Yes, immigration came up in this race, though it didn’t get ugly until the end. It happens that Mr. Brat, an economics professor, spent the bulk... Read more
Smaller Faster Lighter Denser Cheaper
May 22 | Posted by mrossol | Economics, Global Warming, Science, Technology“To compel the switch from fossil fuels to wind and solar power is to consign billions of people to a life of poverty and darkness.” Sounds like an interesting book. =============== Book Review: ‘Smaller Faster Lighter Denser Cheaper’ by Robert Bryce Reviewed by Arthur Herman May 21, 2014 7:01 p.m. ET At the heart of the computer revolution is Moore’s law, named after Intel’s INTC -0.19%... Read more
Then There’s the Real Minimum Wage: Zero
May 18 | Posted by mrossol | EconomicsAh, when you introduce the ‘yardstick’… ========= Small business owners don’t plan all those hours for little pay. Sometimes it just works out that way. By JOHN H. HEYER May 5, 2014 6:57 p.m. ET Amid all the national discussion about raising the minimum wage, it’s easy to forget that there are thousands, if not millions, of Americans who work for less than the... Read more
High-Frequency Hyperbole
April 2 | Posted by mrossol | American Thought, EconomicsSecond article. Some good stuff. ========== A few nights ago, CBS’s “60 Minutes” provided a forum for author Michael Lewis to announce that Wall Street is “rigged” and for the sponsors of a new trading venue called IEX to promise to unrig it. The focus of the TV segment was high-frequency trading, or HFT, an innovation now over 20 years old. The stock... Read more
Book Review: ‘Flash Boys’ by Michael Lewis – WSJ.com
April 2 | Posted by mrossol | American Thought, EconomicsTwo articles. This first one is the book review ‘against’ High Speed Trading. The second will provide perspective. ======== In the spring of 2007, Brad Katsuyama, a rising New York banker at the Royal Bank of Canada, RY.T +0.01% realized something was funny with the markets. He was trying to buy 10,000 shares of Intel, INTC -0.38% offered at... Read more
