Most people support slavery A less sensationalist headline is that most people accept oppression at a level that is so close to slavery as to be functionally identical ...

Should we vote to end civilization in 2100? This post is a philosophical exploration of solutions to climate change, government debt explosion, and selective entitlements (for current ...

McDonalds super bonds vs Pizza Pizza This summer McDonalds issued bonds at record low yields which as far as I know continue to trade below US debt of the same maturities. The...

Economic justification for taxes and some little known facts 1. No matter what the corporate income tax rate, all corporations will contribute net $0 in taxes over their lifetime. The taxation philoso...

Institutions that invest in stock market - extreme liability Institutions that invest client and members funds in the stock market are very likely investing in pyramid schemes and thus very likely to b...

The imperative need for social dividends Social dividends are a citizen's basic right to an equal share of surplus tax revenue . This is a variation of basic income. Basic inc...

The most profound lie in finance and economics A profound lie is one that affects observable reality. One that shapes social policy at both individual and collective decision-making leve...

Unconditional Loan Income (UBI pilot programs) Many jurisdictions around the world are proposing basic income pilots, and there is an interesting private study initiative from Ycombinator...

The minority shareholder discount to Corporate NPV Net Present Value is a fundamental mathematical principles of finance that is used to value projects and whole companies. NPV provides a ...