Tag Archives: The One Percent

Income Inequality Institute Will Pay Paul Krugman $25,000 Per Month

Paul Krugman, the new face of Income Inequality From Gawker: Income Inequality Institute Will Pay Paul Krugman $25,000 Per Month The publicly funded City University of New York has offered Paul Krugman what it marketed as “a relatively comfortable perch” at … Continue reading

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Examining NCAA Labor Cartel Propaganda

Patrick T. Harker, President of the University of Delaware and NCAA propagandist (More on the NCAA labor cartel here) Recently the National Labor Relations Board (be sure to download their smartphone app – if you can think of a reason why … Continue reading

Posted in Cartel, Economics, Education, Inequality, Labor, Monopsony, The One Percent, We're Waiting For You | Tagged , , , , , , | Leave a comment

College Admission As A Positional Good

Is that a drawbridge they could could pull up once they’re inside? (Thor Swift for The New York Times) From the NYT: Best, Brightest and Rejected: Elite Colleges Turn Away Up to 95% The U.S. college admissions racket spun itself up … Continue reading

Posted in Culture Matters, Economics, Education, Positional Good, The One Percent, Veblen Good | Tagged , , , , | Leave a comment

Mozilla CEO Ousted For Personal Political Beliefs?

 Don’t try to tell the fox whom he can or cannot marry After only two weeks on the job, Mozilla’s chief executive Brendan Eich resigned last Thursday over a brewing controversy involving his personal political beliefs. It seems that six … Continue reading

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Not The Best Pocket Watch 340,000 Swiss Francs Can Buy

Time doesn’t exist. Clocks exist. From Digg:  Why Does This Pocket Watch Cost $400,000? This is an appealing pocket watch, but I have a few concerns: It has an “Oil Change” indicator on the back, reminding you to get it … Continue reading

Posted in Economics, Positional Good, Pricing, Technology, The One Percent, Veblen Good | Tagged , , , , , , , | Leave a comment

More On Cameras At The Supreme Court

From The Atlantic Wire:  America Has Cameras in All the Wrong Courtrooms (Follow up to A Request To U.S. Supreme Court Chief Justice John Roberts) I still think one reason the justices prohibit cameras in the Supreme Court is to … Continue reading

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More On Theme Park Line-Cutting

From the NYT:  At Theme Parks, a V.I.P. Ticket to Ride  Say hello to the 99% (Follow up from previous post on the selling of theme park line-cutting) The Universal Studios theme park now offers a $299 V.I.P. Pass with this promise:  “Your … Continue reading

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How The 1% Get Paid

From the NYT:  N.Y.U. Gives Its Stars Loans for Summer Homes Question:  John Sexton, President of the non-profit New York University, for whom faculties of five of its schools voted “no confidence” this year, is compensated by which of the … Continue reading

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How to Get Taken Advantage of While Trying to Earn Good P.R.

From the New York Post:  Rich Manhattan moms hire handicapped tour guides so kids can cut lines at Disney World I liked the movie better Here’s how it works: Step 1:  Disney marketing sells visits to Disney World as a … Continue reading

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