Archive for November, 2005

How to View Illegal Immigration

Tuesday, November 29th, 2005

We routinely view the problem of illegal immigration effectively as one of importing labor. But it is a much more useful paradigm to view it as exporting work, despite the fact that the work doesn’t actually leave the country … If we view illegal immigration as an illicit export of jobs rather than as in illicit import of people, we see a different set of solutions to the problem.

A Few Thoughts On Bankruptcy

Tuesday, November 15th, 2005

Which way do you want it? Opportunity comes with risk; security impedes opportunity. If you want creditors to give people opportunity you can’t blame them for enabling risk-taking. If you want them to prevent risk-taking you can’t blame them for denying opportunity.

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