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HomeAEI: “What Works in Helping the Poor?”
Posted by Larry Doyle on July 16th, 2014 7:03 AM |
Is America on the right track?
Overwhelmingly most Americans feel the nation is not headed in the right direction. Consistently over the last 4 years, 2 out of every 3 American voters have expressed their belief that the nation is headed in the wrong direction. Only 1 in 4 American voters believe the nation is headed in the right direction.
In my opinion, what is the critical issue that will define our future? The fact that we live in a nation that is increasingly divided in terms of incomes and opportunities. Both political parties would like to have us believe that they have the right answers to addressing these issues. Really? Count me as not impressed.
While we hear a whole lot of redistribution rhetoric on one side of the aisle, the other seems to talk mostly about simply lowering taxes and regulations. Meanwhile more and more Americans struggle to make ends meet.
What to do? (more…)
Arthur Brooks’ The Secret to Happiness
Posted by Larry Doyle on December 16th, 2013 12:00 PM |
Is there any question more widely pondered than, “What is the secret to happiness?”
I think not.
From philosophers centuries ago to advice columnists today, there are far more opinions on this question than there are real answers. More often than not, I pass over commentaries or clips addressing this topic. This morning, though, I came across a 20-minute clip on happiness, and I did not pass over it. I am very glad I made that choice.
Arthur Brooks, president of the American Enterprise Institute — a favorite site of mine while navigating the economic landscape — offers some great insights on happiness. At the 5-minute mark of the clip, I was intrigued. At the 10-minute mark, I was thinking, ‘Give me more.’ At the 15-minute mark, I knew I had to share this clip with readers. At the culmination of Brook’s remarks, I immediately inducted him into the Sense on Cents Hall of Fame. (more…)
Watch Today 2-3pm: Cliff Asness on Crony Capitalism
Posted by Larry Doyle on May 9th, 2013 7:31 AM |
In May 2010, financier Cliff Asness said in The Wall Street Journal that the Dodd-Frank Act was “perfectly designed to create the largest and most powerful crony system in history. It’s not that the people, regulator or regulated, are personally corrupt. It’s that the system will itself select for, reward and enforce corruption.”
I would not agree with a blanket assessment that all the regulators and regulated are not personally corrupt but I give Cliff Asness credit for going where few in the industry are willing to navigate.
I will be watching Asness this afternoon from 2-3pm EST talk at the American Enterprise Institute about the impact of Dodd Frank — er, that is, aka Fraud Dank here at Sense on Cents — and the state of competition in America’s financial markets. (more…)
