Health care: Score one against the hyenas

N.B. The hyena caricature (right) is from William Belcher’s Address to Humanity, published in 1796. Thanks to Ragged Edge Magazine. On Monday, the day after passage of the new health reform law, I received a visit from a friend (call him Vic) who’s perpetually broke. He and his wife (Tina) lived with us at one […]

“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 […]

False promises to the jobless

Looking over Barbara Ehrenreich’s Bait and Switch, a 2005 exposé on the decline of the middle class, I found descriptions of the following three alternatives for the downsized corporate manager. Franchising, also known as “buying yourself a job,” is the purchase of the right to operate a local franchise of a major corporation. Most of […]