In these tough economic times it is important that parents take a realistic look at their finances and create a budget they can stick to. In theory, this is good advice, but often parents are forced to make difficult choices.Most important are those expenses that absolutely need to be paid, such as rent, car payment, [...]
Posts Tagged ‘choices’
What Behavioral Economics Can Teach Lawyers About Settlement Discussions
September 15th, 2009
Admin Frequently, defense attorneys involved in settlement discussions become frustrated when what they believe to be perfectly reasonable settlement offers are rejected by the plaintiff. They encounter this situation most often when dealing with novice plaintiff lawyers, or plaintiffs who have not previously been involved in civil litigation. Why does this happen? Is it because the [...]
Science, Ideology, and Economics
August 25th, 2009
Admin Alan Greenspan’s The Age of Turbulence contains a chapter titled The Modes of Capitalism which is full of revelations which Mr. Greenspan unfortunately failes to recognize. The chapter describes the various forms Capitalism has taken in a number of countries, mostly North American and European. Of course, that such various forms of Capitalism have been [...]
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