అన్నా, ఇది అమెరికా!

Markets Sell off Today, Still Wall Street Wins

The Senate just passed a stupid bill and called it financial reform. [via CBS Marketwatch] The mammoth legislative package — which passed 59 to 39, with three Republicans voting for the bill — requires “too-big-to-fail” banks to install new capital restrictions and divest their derivatives units, sets up a government board to assign credit raters […]




Attractiveness Bias

A tendency to see attractive people as more intelligent, competent, morel, and a sociable than unattractive people. Attentive people are generally perceived more positively than unattractive people. They receive more attention from opposite sex, receive more affection from their mothers, receive more leniency from judges and juries’ and receive more votes from the electorate than […]





Profit Motive & Evil Corporations?

In the era of “evil corporations” and full-scale assault on free markets and capitalism, I thought I would share a video of Friedman debating a student at Cornell about self interest and corporations’ profit motive. In the first video, the student quizzes Friedman about a power company that turned off service for non-payment of bills that resulted in […]