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Cash transactions are private, which is why mobsters use them
Organized crime isn’t what it once was, but it is still mostly a cash-based industry.
Our problems need more efficient management, not ‘free stuff’
The story under the headline should not have been surprising. Flawed, empty…
Where is the sharing economy taking us?
Privacy and its exchange transactions represent a daunting set of problems for economic theory.
Changing Boeing’s corporate culture won’t be easy
Systemic errors can sometimes be very difficult to track down and eradicate.
Free markets’ success requires good information, not rumors
Any economic plan to deal with a national defense emergency must do battle with the output of bad information.
Reports raise interesting questions about structure of military
Ben Franklin wasn’t the only one to see the risks.
This impeachment will be a black mark on U.S. history
Even if you believe impeachment is correct, we’ll pay a price for the current hyperpartisan environment.
An important economic consideration
What would be the effect if illegal activity were included in the GDP?
Is a showdown looming with China like the one with Japan?
We won the Cold War with the Soviets. But what about the trade war with China?
We need to ‘get over yourself’ once again
A little historical background on economic policy helps us obtain a useful perspective.
Negative equity on car loans is an economic threat
Loan time spans as long as 80 months put car owners underwater at trade-in time.
We have to address ‘soft corruption,’ and it won’t be easy
An 18th century economist first described the behavior exhibited in the 737 Max controversy.
Non-compete employment agreements need to be reined in
New legislation will restrict their overuse in Washington.
Decline in religious faith has an impact on the economy
It’s difficult to believe that the decline will make people less lonely and depressed.
Investors should carefully examine a company’s goodwill account
They can reveal the costs of a corporation’s growth strategy, and also affect earnings and profitability.
Politicians’ need to be like puts us in a financial pickle
The initial economic consequence of this is a clash of goals.
The costs of automation and AI are becoming known
The John Henry of the 21st century will be the legions of workers losing their jobs to robots.
Fed’s repo market activity helps bring interest rates down
But it remains to be seen whether the Fed’s openness will calm panics about the markets.
Maritime industry needs protection for national security
If we don’t act, someday soon we might find ourselves ordering our next aircraft carrier from Beijing.
Enforcement of groupthink threatens higher education
There is a fundamental contradiction in treating students as consumers.