Category Archives: Uncategorized
Balancing Fair Trade: The Impact of Tariff Policies
Historical Context For decades, many countries imposed tariffs to limit US exports. Developing nations did this to grow their economies, while developed European countries aimed to protect their manufacturing industries. Meanwhile, the US maintained an open economy, becoming the world’s … Continue reading
Representative Democracy on the Rocks
a Prescription for the Future Have you ever been frustrated when you could not do anything in the face of irrational behavior? If you are action-biased like me, you might be tempted to do something that you would later regret. … Continue reading
The Problems with Start-up Convertible Debt
Image Credit: Shutterstock.com Convertible Debt became popularized just after the Internet bubble burst in 2001. During that early investment “winter,” many early investors were “crammed down” by subsequent down rounds (if the entrepreneurs could get any follow-on capital at all). … Continue reading
Welfare “Cliff Effect” Descrimination
The Welfare “Cliff Effect,” occurs when employees — usually women — receive a small wage increase. That small bump in pay might push them over a financial cliff if it means their income exceeds the limit for a program such as … Continue reading
Musings at Altitude 