Jun

22

Retail Health Care

Filed Under Markets, Regulation | 1 Comment

An argument for retail health care by Michael Goodfellow, by way of Marginal Revolution. Following an overview of the factors that actually influence life expectancy, he writes:

There’s no reason to insure yourself against the ordinary expenses. We do that now, and just end up paying for it in premiums instead of retail, but with the [...]

Mar

15

Paychecks to be signed by Tooth Fairy, delivered by Loch Ness Monster

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A recent WallStrip piece on AutoZone mentioned that the company is counting on the increase in minimum wage to drive teen spending on shiny things. One expects politicians to live in the sort of fantasy world where wealth is created by the magic of legislative fiat. It is more disturbing to see a business placing [...]

Feb

15

Next up: Actual, live insects in code

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From The Register, news of security breaches via back doors (the kind with knobs and hinges), left open for smokers:

In a recent social engineering test undertaken by UK-based security consultancy NTA Monitor, a tester was able to easily gain access to a corporate building through a back door that was left open for smokers. Once [...]

Feb

6

SarBox, Seen and Unseen

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Frederic Bastiat opens his essay, What is Seens and What Is Not Seen, with the following words:

In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. [...]