consumerism

Soul Proprietors

May 15, 2010

written by Dan, aka “Auntiegrav” I have some old Kung Fu episodes on DVD that were amazingly before their time for television. In “The Soul is the Warrior”, An old ranch owner says, “When a man loses his property, he loses part of his soul.” (In this case, referring to a woman.) What brings us [...]

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Voyeurism & Accountancy

May 12, 2010

What do these two occupations have in common? Both are juuuust watching and don’t have much “skin in the game,” so to speak. Yet, accountants can be very creative people when it comes to making something look like something else. It’s a very symbiotic arrangement between the growing profession of Financial Engineers (Pornstars) and Accountants [...]

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College Inc. (full video)

May 10, 2010

This is an excellent video on the business of education. Direct link here. // // window.fbAsyncInit = function() { FB.init({appId: “”, status: true, cookie: true, xfbml: true}); }; (function() { var e = document.createElement(“script”); e.async = true; e.src = document.location.protocol + “//connect.facebook.net/en_US/all.js”; document.getElementById(“fb-root”).appendChild(e); }());

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Wealth vs. Income

April 29, 2010

It is very possible in the United States to have an extremely high income and be essentially bankrupt or at best, insolvent. This is easily achieved in two ways.  First, if you hold zero land, labor, or capital while continuing to consume disproportionate to your own utility.  Second, if you hold huge liabilities in excess [...]

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Hello Wall, Here’s My Head.

April 19, 2010

Today’s case study math experiment involved a fisherman’s Atlantic Halibut catch, and my task was to determine the profitability.  You know, total revenue – total cost = profit.  Easy. We got wrapped around an axle when I asked about the depletion cost, and…”how can this guy be catching halibut in the Atlantic, anyway?”  So far [...]

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