The SEC's proposed rule changes regarding accredited investors have existing investors hopping mad. They view the new rules as paternalism of the worst kind and, worse, discrimination against the nearly 99% of us who fail to meet the new standard.
ITEM: Campbell Brown, the co-host of NBC's "Today on Thursday," in a July 28 segment critical of the United States for not requiring paid maternity leave, demanded to know: "Why does the rest of the world get paid leave while morns here race back to work?" Not having such a...
The paper describes the nature and role of accounting during apprenticeship - the transition period from slavery to waged labor in the British West Indies. Planters, colonial legislators, and Parliamentary leaders all feared that freed slaves would flee to open lands unless they were bound to plantations. Thus, rather than...
Here's a timely question: What does the Enron scandal have in common with the obesity problem that's plaguing America? Give up? The answer is that both have caused public interest groups and some members of Congress to call for regulations to ...
Etching a fly into the appropriate part of a urinal reduces spillage by 80 percent. Putting a salad bar at the front of a cafeteria improves people's diet. Both are nudges, and others like them, applied by policymakers, might help us stop using credit cards unwisely. ...
Recently, the BNET Intercom asked, with China investing heavily in Africa, should American firms consider looking to the continent for business opportunities? This week, articles in the New York Times and the Economist on the relationship between the Asian giant and the previously much-ignored continent provide further food for thought...
How do you stop a profligate person from over-spending? You could cut their expenses allowance or withdraw signing power. Or you could try something a little more benign -- say, drawing a frown on their cheques, perhaps. I've picked a facile example, but this is the idea...
I think markets have blind spots, along with a certain caustic wit. But the Templeton Foundation has been funding research into what you might call the two sides of Adam Smith, melding the free-market capitalism of "The Wealth of Nations" with the moral philosophy of its predecessor, "The Theory...