Has Capitalism Created a Wasteful Excess of Managers?1

• Politics, Economics
• January 18, 2023

Have you noticed there seem to be a lot of managers nowadays? It’s not just you. Professors at the Harvard Business Review estimate there is one manager for every 4.7 employees and claim this excessive amount of paper-pushers leads to …

The Economics of ‘Mending Wall’2

• Politics, Economics
• January 17, 2023

Mending Wall, the endearing 1914 poem by Robert Frost, offers important lessons about economics and cooperation.

While the poem contains lessons about balancing tolerance and acceptance, modernity and tradition, and perhaps the efficacy of national borders, it …

Southwest Meltdown: End Airline Corporate Welfare0

• Politics, Economics
• January 12, 2023

Southwest Airlines experienced an enormous meltdown over the Christmas holiday week last month, cancelling thousands of flights, and losing track of—or outright losing—countless pieces of luggage. The airline was full of excuses, of course. As has become fashionable for government …

The New-Normaling of Blackouts2

• Politics, Economics
• January 4, 2023

On Christmas Eve, 2022, in North Carolina, something happened that had never happened before in living memory. People across the state were alerted by their power company, Duke Energy, that there would be rolling blackouts in the aftermath of a …