Photo from The Economist

A POPULIST REPUBLICAN CANDIDATE COULD MAKE A LOT OF HAY OUT OF THIS: How Crony Capitalism Works:

“…elite professionals and financiers (who encompass the lion’s share of the 1%) have managed to engineer protectionist rackets.” Examples: : Dentists lobby for rules that prevent dental hygienists from performing teeth-whitening; the lawyers’ guild sustains extortionate rates in part by making sure that less-credentialed workers are blocked from performing even basic administrative legal tasks; college […]

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MEC Set to Celebrate Mississippi's Creative Economy

State’s Creative Economy potential to be focus of MEC annual meeting

Leaders from across the state are showing great confidence in the direction Mississippi is moving and in the ability to improve its economic competitiveness Leaders from across the state are showing great confidence in the direction Mississippi is moving and in the ability to improve its economic competitiveness, the Mississippi Economic Council (MEC) says in […]

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Pension Air Castles

Lowenstein bemoans the failure of pensions, because he thinks they’re a good idea if properly managed. The solution for the government pensions already promised? Lowenstein says governments have to tighten their belts by reducing benefits and/or raising taxes. Roger Lowenstein addresses “The Long, Sorry Tale of Pension Promises” in a recently published Wall Street Journal […]

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