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Why Rich People Hate Taxes — Hint: It's Not for the Reasons You Think
ByadminI was raised in a family that hates taxes. Not hates taxes as in “Gosh, it’s too bad such a high percentage of my paycheck goes to the government.” More like: “How dare the government steal my hard-earned money and give it to undeserving moochers!” (Is there such a thing as a deserving moocher? Sorry,…
Rational Thinking in Wartime
ByadminDuring a particularly miserable World War II battle, a military analyst estimated that it cost $25,000 in artillery shells for each enemy soldier killed. That caused one soldier to ask: “Why wouldn’t it be better to just offer the Germans $25,000 to surrender?” If only the world were so rational! (Click here to view comments)
Do Luxury Brands Benefit from Income Inequality?
ByadminI like to think that despite being wealthier than most Americans, I remain immune to materialistic desires. I drive a 17-year-old Honda Accord and wouldn’t know designer clothes if you wrapped me in them, head to toe. But it turns out that I’m wrong. I’m not above materialism despite my wealth and social status. I’m…
More on Merger Mania
ByadminI recently wrote something in Forbes about all the mergers going on in the U.S. healthcare industry. Well here is a nice article about the growth of the healthcare system in Western North Carolina, that explores some of the same issues. Check it out: Mission Health Partners, the Accountable Care Organization of Mission Health System,…
Are You Overweight If Your Mom Thinks You Look Fine?
ByadminNone of us view our children objectively. To a parent, Junior is always smarter, more talented and more attractive than objective evidence would indicate. But look at just how skewed parents’ views of their children are, when it comes to deciding whether their children are overweight. Not until a child gets near the top three…

