Too Many Employees Means No Jobs

There is only one woman visible in this CNN picture of a Chinese factory. Since the More...

Medicare’s a Fraud – And I’m the Beneficiary

Somebody else has to pay for the stent placed in one of the arteries of my heart. Apparently that's how Medicare works; it's not a pretty – or sustainable – story.

Two doctors did a great More...

“Too Big to Fail” Assures Bigness – and Failure

Reader Bobsv57 asks:

"Tom, a question for you. I am under the impression that most, if not all, of the money used to bail out banks has been paid back with interest and it is actually the money used to bail out GM that hasn't been returned. Am I correct in this observation? More...

Everything is Shovel-Ready in China

Construction in China happens very quickly; but people with shovels have hardly disappeared. This crew rebuilt a section of road near the Beijing Zoo in a few hours. Possibly it was more efficient More...

The Economics of Lowell Mountain Wind: The Video

This is the video from an interview I did on WCAX 6PM news last night. Darren Perron did a good job with his questions. As always on TV, there wasn't enough time to say everything I'd have like to have said. So two additional po More...

I’ll Be on @WCAX 6PM News Talking About Vermont Energy Policy

The live interview, which'll probably be around 6:20PM, is a followup to my post saying that, even though I think the Lowell Wind Project is bad economically and bad energy policy, those w More...

Thank you, soldiers. Our debt to you is one we can’t repay.

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v-c: What If It’s Positive?

We all know that nothing can travel faster than c, the speed of light in a vacuum; or do we? A recent experiment called OPERA at CERN measured some neutrinos travelling fractionally faster than c. To be precise: (v-c)/c is approximately 3x10^-5More...

Fast Off the Mark in China

In the US we have countdown timers on green lights to tell us how long we have left to get across the street. In China the red lights count down so you can be fast off the mark when the light turns. More...

When Regulation Is Justified

My last post recommended draconian regulation for bailed-out banks and some regulation of all banks which accept federally insured deposits. Reader Lupus Nomen pointed out an apparent inconsistency in a More...