Getting Your Money’s Worth at the Pizza Hut Buffet

Like a camera flash in a dark room, I awoke in an instant one summer morning in the mid 1990’s to the bustling sounds of an anxious family hurriedly packing their things into a rented Chevrolet conversion van. Though too young at the time to offer any real assistance, I knew the best place for… Continue reading Getting Your Money’s Worth at the Pizza Hut Buffet

Why The White Sox Have So Many Empty Seats

In the Chicagoland area, there is a joke that keeps making the rounds on social media. While the MLB tackles with the idea of expanding protective netting to prevent tragedies such as when, earlier this year, a foul ball at a Yankees game hit a young girl in the head, Cubs fans have been taking… Continue reading Why The White Sox Have So Many Empty Seats

Your Cost Cuts, a South-side Barber’s Approach to Pricing

Once a month I step into the shop of a Moroccan immigrant on the southwest side of Chicago to get my hair cut. He doesn’t have much formal schooling, but he is fluent in four languages and has created a successful business by defying conventional logic. How? By using a modified form of price discrimination,… Continue reading Your Cost Cuts, a South-side Barber’s Approach to Pricing

Free Trade Is out of Fashion

Since Adam Smith presented immutable evidence against the concepts of Mercantilism and Protectionism back in 1776, it has been widely accepted by economists and politicians that the mechanism of free trade between nations is the greatest wealth building tool at humanity’s disposal. Why, then, is this concept increasingly under attack? Populists around the world rail… Continue reading Free Trade Is out of Fashion

Repealing the Volcker Rule

Today (4 May, 2017) in Washington, the House Financial Services Committee approved a bill dubbed the “Financial CHOICE act”, sponsored by Jeb Hensarling, R-Texas. In the bill is a directive to repeal a section of the Dodd-Frank Wall Street Reform and Consumer Protection Act dubbed the “Volcker Rule”. What this does is strips Americans of… Continue reading Repealing the Volcker Rule

Some Jobs Aren’t Coming Back, and That’s Not a Bad Thing

Change is painful. Change is difficult. Change can cause the alphas and the elites of yesterday to be the downtrodden and the impoverished of today. Change can also lift the middle class up and provide a higher standard of living for all people. It is the people who prepare for and adapt to change who… Continue reading Some Jobs Aren’t Coming Back, and That’s Not a Bad Thing