Bar Stool Economics
My friend Ted Owens sent this to me – although there is some dispute as to the origin of the story, it’s still pretty good so thought it worth sharing… Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the […]
Keynesian Porn
Read this and thought “right on brother”. it ain’t exactly the whole truth and nothing but the truth. Every American who pays taxes is invested in your EV at this point. Self-righteousness gets you nowhere when the playing field ain’t level. Just sayin… [From Quote Of The Day: Don’t Make Me Pull This Oversubsidized Niche […]
Wealth Gap
My friend Meryl sent me this and asked for comment… rather than send her 40 tweets I thought a blog post was in order. The basic thesis of the Business Insider piece is that the gap between rich and poor has widened. By the way, the world isn’t flat either… Here’s my problem with this […]
More Of Naomi’s Killer Scenarios: Retroactive Processing
Once upon a time, the concept of retroactive payroll processing was invented to handle the all too often situation of a personnel action (that’s what they were called when I was young) that was presented to “the system” after the date on which is should have taken effect. Without a retroactive processing capability in payroll, […]
People Putting an Extra 50k Miles Or More On Their Cars
Read this an it immediately resonated with me. According to a study by Auto MD, which is owned by the US Auto Parts Network, Inc. (i.e. people who have a vested interest in making parts for used cars) 77% of people are, on average, planning on driving their current cars at least 50,000 miles more […]
UK tax department: Bizarre IT spending incentives
Phil Pavitt, CIO for the UK tax department, recently spoke out against huge IT projects. Some of his comments are extraordinary.
