the solid foundation underneath

I know that many of us are having a difficult time mustering faith in our economy. With your permission I would like to talk about the solid foundation lying underneath the economy. In order to do that though I need to make sure that each of us understands what the...

incentives fleshed out

Last post I discussed the importance of incentives for helping to change behavior and I would like to expand on that a little bit today. Today’s extraordinarily excessive exec pay packages have a very skewed sense of reward. You frequently hear justification for...

ethics are an economic issue

  I forgot to mention in my initial post that ethics are an economic issue. If you have any doubt as to that fact then simply look at the $700 billion price tag of the Emergency Economic Stabilization Act. Consider that large dollar amount as a debit in the...

6 October 2008: The Blog is LIVE!

Because so many of my friends and my family have asked me to answer their questions at this very difficult time in U.S. financial markets history, I have begun a blog.  I hope that this resource proves to be invaluable and helps to steady the nerves of folks.