Tags » Profit Motive

Actually It's About Ethics in Arbitrage Opportunities

One of the more fun classic economics papers is Radford’s “The Economic Organization of a P.O.W. Camp“.

The key paragraph:

We reached a transit camp in Italy about a fortnight after capture and received ¼ of a Red Cross food parcel each a week later.

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Economics

Defense Against Demagogues by Walter Williams

A lesson from Economics 101 from libertarian economics professor Walter Williams.

Dr. Williams’ message here is that greed is good. However, when greed is left unchecked, the resulting concentration of wealth allows the oligarchy to rig the system, using government legislation to legally steal from the rest of us. 716 more words

My Business Is Our Business

I’ve been going on 4-5 months now unemployed. I’ve sent probably a hundred resumes, applications, and inquiry emails over that time, and the only responses I got was to tell me that I was overqualified to work at a grocery store. 917 more words

Zero Waste

Earning a Crust by Trevor Plumbly

Dollars and Sense?

As the old Jewish saying goes, ‘There’s no profit in looking in another man’s pocket.’ By and large, I’ve done my best in life to avoid doing that, but a newspaper article the other day forced a bit of a rethink. 624 more words

Trevor's Posts

Why does the CDC own a patent on Ebola 'invention ...

(NaturalNews) The U.S. Centers for Disease Control owns a patent on a particular strain of Ebola known as “EboBun.” It’s patent No. CA2741523A1 and it was awarded in 2010. 478 more words

World News

One-Armed Economics and Wealth Creationism

I venerate expertise as a truth warrant. In judgments of correspondence goodness evaluating quality, it can substitute for clearly defined standards (please see my post of October 15, 2013 for more). 3,524 more words