I’m not sure where I’m going with this, but wanted to put some ideas out there. In Economics-land, people behave rationally and work to maximize their utility. Whatever that means. For self-employed people who buy their own insurance, let’s say the average health insurance policy costs $1000 a year. Healthy people, who expect their medical [...]
Continue reading about The Economist’s Case for Health Care Reform
Have you ever found yourself on the road, making great time, minding your own business, and then WHAM you’re stuck in someone else’s traffic jam? Last week I went up skiing, which was awesome, but got myself caught in the middle of Sacramento’s evening rush hour on the way home. Aside from Sacramento, I’ve been [...]
I love a good bumper sticker, especially if it’s funny or shares the driver’s political views. But increasingly I’m seeing political bumper stickers that are childish, crazy, or just don’t make sense. I’m all for your free speech, driver in front of me, but I don’t think a lot these do much to advance the [...]
There are two primary methods of accounting for the income and expenses of a business: cash and accrual. In general, if your company’s revenue is less than $5 million per year, you are free to choose either one. Cash Accounting Cash accounting is the more common choice for small business accounting. Income is not reported [...]
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I’ve been told there are no such thing as baby carrots, and that the ones you buy at the store are just regular carrots cut and peeled down to “baby” size. Busted! Well, partially. There are real baby carrots! Aren’t they cute? You can find them in the grocery store next to the baby corn [...]
