Monthly Archives: August 2012
Value of a Human Life
How much is a human life worth? Economists answer that question using market tools, namely how much do we pay, as a society, to avoid death. We clearly have bounds around how much we will and will not pay. For … Continue reading
How Does an Airplane Fly?
The moment you doubt whether you can fly, you cease forever to be able to do it. — J. M. Barrie, Peter Pan As I sit on an airplane, I ponder the question, how, exactly, is this thing staying up in the … Continue reading
The Tuxedo
This one is for all the gentlemen. The Tuxedo is evening formal wear for men, traditionally worn in black. Usually the jacket has a grosgrain lapel and matching seam on the trousers. The outfit is completed with a bow tie and … Continue reading
The Veto and the Modern Presidency
The system of checks and balances defined in our Constitution requires that the President approve every Bill passed by Congress before it can become a law. Article I Section VII states: Every Bill which shall have passed the House of Representatives … Continue reading