Democracy Descending

Democracy Descending

I knew Nobel economist Kenneth Arrow slightly when I was an undergraduate student at Stanford.  I was greatly impacted by his book Social Choice and Individual Values at the time and have referred back to it often.  In simple terms one of his most famous theories...
Have We Outgrown Democracy?

Have We Outgrown Democracy?

 NOTE: To get the most out of this blog please click on the BLUE links for references and further information Previous Blogs with a similar theme:When To CompromiseCivility I’m not the first to notice that the political divide has been growing in America.  Surveys by...
Ignorance, Apathy and More

Ignorance, Apathy and More

 As the joke goes:              Q:  What is the difference between ignorance and apathy?             A:  I don’t know and I don’t care. What are we to make of this in today’s political environment?  The First Lady wears a jacket that conspicuously says:  “I don’t...
How To Choose

How To Choose

  [Click on BLUE links for sources and more information]   Having just gone through an election, I’m reminded of some things I ponder from time to time.     When I studied economics in college, I had the great fortune to meet the Nobel economist...