How Wal-Mart is Like Academia

TCS Daily January 27, 2006 Retail giant Wal-Mart has created its share of enemies for its competitive practices, low wage and benefits packages, and for putting mom-and-pop stores out of business. Some localities have successfully kept the company from building stores in their communities and, earlier this month, Maryland passed a law forcing Wal-Mart to devote 8…

Twin Anniversaries

TCS Daily January 20, 2006 At noon on January 20, 1981, Ronald Reagan took the oath of office as President of the United States. Minutes later, the remaining hostages who had been held captive for 444 days at the American embassy in Teheran were freed. The Iran hostage crisis, which began on November 4, 1979, gripped…

Applying Free Market Logic to an Unfree Market?

Tech Central Station December 22, 2004 The nation’s capital has been distracted this week by an issue more compelling than terrorism, the war in Iraq, Social Security reform, or Bernard Kerik’s love life: the fate of Major League Baseball in D.C. At the 11th hour last Tuesday evening, the city council approved a bait-and-switch bill proposed by Chairman…