Electronic Cigarettes – Therapeutic Device or All Smoke, No Substance?
America / Healthcare / Regulation

Electronic Cigarettes – Therapeutic Device or All Smoke, No Substance?

Over the past five years, electronic cigarettes – devices that electronically vaporize a refillable, inhalable nicotine-laced liquid – have exploded into a $1.5 billion industry with over 4 million users. Although this is a small portion of the tobacco market, Bloomberg Industries projects that e-cigarettes may surpass traditional tobacco product sales by as early as … Continue reading

Comedy, Competition, and Investment: Everything is Amazing and Broadband is Too
Communications / Culture / Regulation / Technology

Comedy, Competition, and Investment: Everything is Amazing and Broadband is Too

“Everything is amazing right now and nobody’s happy.” Few things are truer than that we, as humans, fail to appreciate the present moment.  Regardless of how bad the “good ole days” were factually, we hang on to the notion that simpler technology equates to simpler needs, simpler problems, and simpler living.  While being lost in … Continue reading

Validity of the ExIm Bank: Why Market Radicals Fail to Understand the Modern Economy
Economy / Other / Politics / Regulation

Validity of the ExIm Bank: Why Market Radicals Fail to Understand the Modern Economy

  Recent political proceedings on Capitol Hill regarding the reauthorization of the Export Import Bank have revealed a deficit in economic competence on the part of market fundamentalists who believe that the Ex-Im Bank should be shuttered. Founded in 1934 under the FDR administration, the Ex-Im bank has been one of the primary establishments within … Continue reading

Why Is The EU Running Off With Our Chianti And Parmesan?
Culture / Economy / Europe / Foreign Policy / Regulation

Why Is The EU Running Off With Our Chianti And Parmesan?

Ladies and gentlemen, our champagne and charcuterie are in danger. Bubbling to the forefront of the upcoming round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations is the controversial U.S. usage of regional European names for food and drinks manufactured by U.S. companies. Many EU members demand that U.S. wine, spirits and food companies … Continue reading

The Tragedy of the Common Carriers
Communications / Politics / Regulation / Technology

The Tragedy of the Common Carriers

One cannot discuss Net neutrality these days without stumbling across the centuries-old legal concept of “common carriage.”  As with all antediluvian models of the world, time invites decline and eventual replacement. And So The World Begins Common carriage is a rather deceptively simple idea: a service provided by a private company to any market participant … Continue reading

Net Neutrality: Why the FCC Should Vacate the Premises
Communications / Regulation / Technology

Net Neutrality: Why the FCC Should Vacate the Premises

When it comes to current Net neutrality issues, the public debate swings predominantly between two different regulatory strategies (known as, Title II and Section 706), both to be administered by the Federal Communications Commission (FCC).  Yet, as much as we concern ourselves with better definitions and the right regulations, we should be more concerned with … Continue reading

Volcker and The Capital Asset Pricing Model: Enforcing Ineffective Regulation Since 2013?
Economy / Fiscal policy / Regulation / U.S. Domestic Policy

Volcker and The Capital Asset Pricing Model: Enforcing Ineffective Regulation Since 2013?

One fundamental principle of financial markets is the relationship between risk and return. This tenet is reflected in the Capital Asset Pricing Model (CAPM), the workhorse of security pricing, where the return required by investors is measured by adding the risk free rate (such as a treasury bond) to a market risk premium, adjusted for … Continue reading