Chick-fil-A

Should a business have any objectives other than making as much money as possible? Two recent articles address this issue. The first takes on the issue much like our taking sides issue #1 does. (H/T Zhao) The second speaks specifically about the Chick-fil-A fast food chain. They have a reputation of being very Christian. I can think of two cases in which this may go against the profit maximizing objective. They close on Sundays and their stances on controversial issues may bring bad publicity. Over time either these practices will diminish, or competition will drive them out. (Their sandwiches are very good)

Chicago Mayor Race

For a while the courts said that Emanuel could not run as mayor of Chicago. Now the case is being heard in the State Suprem Court. Since is is the clear favorite if he is allowed to run this information quickly changes the intrade odds of him winning as see by this chart. This is shown in the image as the price fluxuates rapidly. A perfect example of information flowing quickly for this contract as we would expect in any efficient marketplace.

Health Care and the Debt

There is plenty of confusion about connection between the Health Care legislation and our current fiscal situation. The main question is if repeal of the Health Care legislation would reduce or expand the deficit. This piece clarifies quite a bit.

Matt Ridley's Talk

A good discussion about economic progress over the years in an interesting way.

Welcome Spring 2011

Please read and post comments as you see fit (remember to leave your name).