Lifted from comments comes a beginning thought on the term ‘sustainability’ for programs…Sustainability Rusty asks: Is there an accepted definition for “sustainability?”I tend to think of it in an environmental context, but apparently it is used more broadly. Your thoughts? Bruce Webb’s quick reply: STR, well in Social Security lingo ‘sustainable’ is mostly used in […]
by Linda Beale Senator Warren prods bank regulators Somehow, more Senators need to start doing what Senator Warren does. Review the facts. Ask questions that force regulators to admit to what they are doing. Point out the lopsided nature of the regulators’ activities that demonstrate that they are acting more to protect the Big Banks […]
With constant delays due to significant engineering issues and design flaws, the cost of the F-35 has risen to $395.7 billion. But that’s just to build the planes. When you add in the cost of testing, operations and support, it will cost an additional $1.1 trillion — bringing the overall price tag to an incomprehensible […]
Delivering water quality to the tap I’m now in Kiev (looking into their water utility regulation), and a typical problem has popped up, i.e., the difficulty in delivering water quality to the tap. The physical layout of water systems — taking raw water from ground or surface sources, treating it, pumping it through large pipes […]
http://www.aguanomics.com/2013/04/to-centralize-or-not-to-centralize.html Tcentralize or not to centralize? o I’ve run into many instances of a struggle between small- and large-scale governance, e.g., local vs. regional or national water management. These struggles occur over money, regulations, water allocations, and so on. I can see why they happen — someone in power decides to take over responsibilities […]
Review of Behavioral Economics (ROBE) Website Goes Live Amazingly enough, today on my 65th birthday, the website of the new journal that I am Editor-in-Chief of, the Review of Behavioral Economics (ROBE), has gone live. So, we are open for business at http://www.nowpublishers.com/…. Prof. J. Barkley Rosser .
Sandwichman at Econospeak offers a look at a piece of history: “Of Property” and the Mercantilist Fallacy “Though the earth, and all inferior creatures, be common to all men, yet every man has a property in his own person: this no body has any right to but himself. The labour of his body, and the work of his […]
Center for Effective Government presents side by side budget comparisons: Click image to see full-size PDF chart and analysis A larger image is also available (JPG format)
Greg Mankiw suggests a part of the new budget proposed by President Obama affects 401k and IRA accounts. Some comment in general retirement accounts from AB starts here. Apparently, President Obama’s budget is going to include some kind of penalty for people who have accumulated more than $3 million in retirement accounts. The details are not […]