Jan Koum had a rough upbringing. At 16, he immigrated from Europe to the United States with his mother and grandmother, who were fleeing political unrest and religious persecution. Jan’s mother got a job as a babysitter in California while Jan went to school and worked at a grocery store cleaning floors. His father planned…
Tag: money
Perfection is Not an Option
You are going to have no real choice but to drive on some government roads. You are going to have no choice but to use some things government paid for with money it stole. You can barter and use silver for some trades, but fiat “money” is unavoidable. You may benefit in some roundabout way from government’s unethical (and evil) actions which you oppose. That’s reality.
Pork is Not the Problem
Congressional appropriations for 2019 include 282 earmarks, up from 232 last year. The cost comes to $15.3 billion, up from $14.7 billion. That sounds like a lot of money, and it is. But not nearly as much as one might think, in the scheme of things.
See What You Can Build on Your Own
To prevent someone from making things on their own is bad in two ways. You show you don’t trust them to be competent, and you keep them from becoming competent; from learning how to do things they’ll value. If you never allow someone to succeed or fail on their own, always doing everything for them, they’ll never really grow up. They’ll never learn responsibility.
In Sync: How Business Responds to Gratis Government
Whenever people criticize government provision of a product, clever analysts often demur that private suppliers who compete with government have exactly the same problems.
More Charter Schools Translates to Fewer Homeschoolers, Study Says
Parents want more education choice, and mechanisms that lower the cost of alternatives to one’s assigned district school are sought-after. Even though many families homeschool on a budget and more parents work and homeschool, there can be both real costs and opportunity costs to homeschooling.
Los Angeles: Homelessness Meets Economics 101
“The stunning increase in homelessness announced in Los Angeles this week — up 16% over last year citywide,” reports CNN, “was an almost incomprehensible conundrum given the nation’s booming economy and the hundreds of millions of dollars that city, county and state officials have directed toward the problem.”
If You Hate it, You’re Not the Audience
I love Shark Tank. I used to watch it with my kids. It exposed them to tons of new concepts. The idea of building a business with someone else’s money was novel. The realization that you’ve got to have a story that’s compelling enough to convince the holders of that money to join.
If the University of Alabama Doesn’t Need Hugh Culverhouse, Jr.’s Money, it Doesn’t Need Yours
Last year, Florida attorney and philanthropist Hugh Culverhouse, Jr. donated $26.5 million to the University of Alabama. The university, grateful for its largest private contribution ever, reciprocated by naming its law school after him. Hugh and UA, sittin’ in a tree … On June 7, the UA’s board of trustees voted to return his donation (and presumably rename the school). Love-hate relationship, I guess.
Trade, Tariffs, and some Basic Economics
Economics can be a complicated subject and many people don’t really understand why the economy works the way it does. That’s okay, but learning about economics and economic principles can also be very rewarding because it helps to explain so much about our world and about human behavior.