Bank Hedges and Social Justice

by  Chidem Kurdas To hedge or not to hedge? That’s the question for many an endeavor. Farmers hedge by selling their harvest ahead of time. Building managers hedge by locking in a price for heating oil or natural gas—last year many got it wrong, blindsided by the decline in the price of gas. Most hedges … Continue reading Bank Hedges and Social Justice

Another step down the road to serfdom

by Roger Koppl Peter Orszag, former director of the Office of Management and Budget, has written an article for The New Republic entitled “Too Much of a Good Thing: Why we need less democracy.”  “To solve the serious problems facing our country,” he says, “we need to minimize the harm from legislative inertia by relying … Continue reading Another step down the road to serfdom

Soros and Open Society in America

by Chidem Kurdas George Soros originally intended to wind down his Open Society Foundations at the end of his life but changed his mind. This worldwide network of activist groups – to whom he has given more than $8 billion and named after Karl Popper’s classic The Open Society and Its Enemies – is to … Continue reading Soros and Open Society in America

Sowing and Reaping: The True Sickness of Society

by Mario Rizzo   There has been much moaning, even before the Arizona shooting incident, about why “we” cannot be civil in our political discussions and why political parties cannot work together for the common good.  Most of this is pure logorrhea. There are some simple facts the commentators cannot or will not face. The reason … Continue reading Sowing and Reaping: The True Sickness of Society