As of today, February 10, 2012, I am now officially debt-free. I decided to use my tax refund to pay off the rest of my student loans, which have been sucking down thousands of dollars a month since I graduated. Here are the results: Yep. It took a few days longer than expected, because Sallie [...]
It’s 11:39PM on the eve of the Great Tea Revolt. As I sit here, fresh off of my 12-hour shift at work, the national media is reporting headlines like “G.O.P. Captures House” and “Midterm Train Wreck”; the Republicans (particularly in their hard-right Tea Party libertarian wing) are winning this battle. And I thought to myself, [...]
The underlying principal of free-market economics is that individual actors will, in the aggregate, make optimal choices. Why should we believe this to be true?