Collecting debts from the dead

I have an elderly neighbor who is certain to die in crushing credit card debt. So this NYT article on a “new frontier” in debt collection grabbed my attention. (Edge of the West linked to it here.) It’s a profile of DCM Services, specialists in getting the bereaved to assume responsibility for the unsecured debts […]

“If you’re so smart, why ain’t you rich?”

This traditional southern put-down came to mind as a I read Matthew Yglesias’ posts (yesterday and today) on the presumed link between wealth, on the one hand, and competence and innovation, on the other. Exhibit A: Big Business may retard technological progress. Alexander J. Field argues that the 1930s were the “most technologically progressive” decade […]