Non-participation bonds
This isn’t exactly a new concept, but I like the name. The idea is that a new business that needs start-up capital issues bonds. Like other bonds, they have an expiry date an an interest… Read More »Non-participation bonds
January 2023
A Court Just For Billionaires and Big Corp vs The Little Guy
It could be called the David and Goliath court. But maybe just the Court of Expedience. We all know that big corporations can unfairly fight off legal challenges from smaller entities by via the well-known… Read More »A Court Just For Billionaires and Big Corp vs The Little Guy
Inequality is Inevitable? Yard-Sale Theory
There is a mathematical model and theory called the yard-sale theory that proposes that any system like capitalism that gives an early-mover advantage, ends up with gross inequality eventually. Scientific American discusses it, and starts… Read More »Inequality is Inevitable? Yard-Sale Theory