While Wal-Mart is waging its war for secession in California, it is also working to open stores in Chicago for the first time. The leftists, of course, are screaming. Remember not so long ago when the left decried the supposedly sinister “ghetto merchant” (defended so well by Walter Block) who charges high prices for poor quality and poor selection in the inner city?
Pardon my french. The governmental disinformation campaign on deregulation continues.
While Wal-Mart has turned to the ballot in a number of cities and towns to win the right to build its giant emporiums, the Inglewood initiative is significantly different.
Confessions of a Tax Collector by Richard Yancey (HaperCollins, 2004) appears to be a very interesting look at the practical, personal, and moral implications of a job that requires a person to rob people for the goverment.
File sharing has zero effect on recorded music sales, say Felix Oberholzer-Gee of the Harvard Business School and Koleman S. Strumpf of the University of North Carolina at Chapel Hill. Read the story.
Adel Al-Jubeir is precisely right. From CNN: “Saudi Arabia on Sunday blamed record high U.S. gasoline prices on America’s tough environmental laws and lack of refining capacity, saying OPEC’s oil production policies were not to blame.”
Many of the arguments that are used to support the idea of stock option expensing as compensation when options are granted to company executives and other employees depend in part on stock grants being expensed. Stock grants ARE currently expensed, but appealing to the status quo is about as weak a logical basis for an argument as might exist.
