The unfortunate thing, and

The unfortunate thing, and the tragedy of this show [Revenge], is in exploring the theme of revenge. Absolutely everyone can find peace, at some point or another, but the interesting thing is how you find it, the collateral damage along the way and all the trauma that she indirectly causes all these other people in … Read more

Thus a long term

Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interest rate risk, and one would bear the risk of default. The last two would not have to put up any capital for the bond, though they might have … Read more

Gun control laws don’t

Gun control laws don’t work. What is worse, they act perversely. While legitimate users of firearms encounter intense regulation, scrutiny and bureaucratic control, illicit markets easily adapt to whatever difficulties a free society throws in their way. Also, efforts to curtail the supply of firearms inflict collateral damage on freedom and privacy interests that have … Read more

The tax incentives are

The tax incentives are things the music business can emulate. If I own Yesterday by the Beatles and I go to a bank and try to borrow $10,000 and use that song as collateral, they wouldn’t know what to do. They would run me out of the bank. Whereas if we get specialized people who … Read more