The D in DIE
Diversification is a standard tool to reduce portfolio risk in finance. To do this, the portfolio manager seeks stocks with different risk profiles and potentially even industries and countries. But the managers do not just pick any old stocks. The…
Social Justice and the Free-Rider Problem
Lead image Source: cse.hkust.edu.uk This blog picks up on prior entries on the tragedy of the commons, rational actors, regulatory capture, and rent-seeking. For reference, see these blogs: The Tragedy of the Commons: The Political Commons The Tragedy of…
Can a Free Republic be a Superpower: Part 4 Toxic Debt
Toxic Debt threatens not only the ability to be a superpower, but our entire way of life. When I was in Bosnia right after the 911 attacks, many of our soldiers said this could never happen in the US. I…
Faustian Bargain Part 2: Compassionate Conservation: Is it needed? Is it real?
This is a three-part series on developing the concept of compassionate conservativism to develop effective policies and solutions that address the problems of poverty and its threat to sustainable liberty and prosperity. Both the left and the right entered Faustian…
Faustian Bargain, Part 1
This is a three-part series on developing the concept of compassionate conservativism to develop effective policies and solutions that address the problems of poverty and its threat to sustainable liberty and prosperity. Both the left and the right entered Faustian…
