Latest Posts

May 21, 2015

‘Advocacy Investors’ Are Activist Wolves in Sheep’s Clothing

Over at GreenBiz last week, reporter Keith Larson profiled Andrew Behar, chief executive officer of shareholder activist group As You Sow. In the article, Behar attempts to rebrand AYS activities as “advocacy investment.”  For some capital market watchers, the term “activist investor” may bring to mind corporate raiders such as Carl Icahn or Bill Ackman. Continue Reading...
May 21, 2015

Why It’s Every Citizen’s Job to Interpret the Constitution

A few days ago I mentioned Michael Stokes Paulsen’s crash course on how to interpret the Constitution. Paulsen outlined five techniques of constitutional interpretation that courts and commentators employ: (1) arguments from the straightforward, natural, original linguistic meaning of the text; (2) arguments from the structure, logic, and relationships created by the document as a whole; (3) arguments from history, original intention, or purposes behind an enacted text; (4) arguments from precedent; and (5) arguments from policy. Continue Reading...
May 20, 2015

What ‘The Profit’ teaches us about ethics and enterprise

I’ve written before on how television can be a powerful tool for illuminating the deeper significance of daily work and the beauties of basic trade and enterprise. Shows like Dirty Jobs, Shark Tank, Undercover Boss, and Restaurant Impossible have used the medium to this end, and today at The Federalist, I review a new contender in the mix. Continue Reading...
May 20, 2015

The Moral Limits of Psychology

“Indifference to the moral dimension distorts the study of human action in economics,” says Rev. Gregory Jensen in this week’s Acton Commentary, “so too does it deform the discipline that reaches behind that action to the human mind: psychology.” Continue Reading...
May 20, 2015

How Free Trade Helps the Poor

Several years ago economist Bryan Caplan provided the most succinct and helpful statement about how we should think about free trade: “We’d be better off if other countries gave us stuff for free. Continue Reading...