We’ve written a lot here at S&R about the “donor state/taker state” phenomenon, especially in the context of talk about secession. Of course, you know what they say about the pictures-to-words exchange rate, I’m sure, so instead of boring you with a thousand more words, have a picture. Credit: Thanks, UpWorthy.
Bummer. 38 Studios has laid off all its employees. Let’s get caught up. And bear with me – this section required some revision on my part. If you recall, the troubled video game company recently missed a payment to the state of Rhode Island, which had engineered a massive GOVERNMENT HANDOUT LOAN DEAL to lure […]
Guess who needs a gummit bailout? Hint: he once said this: “There can be no question our country is in the worst economic crisis of our lifetimes. I also think there can be no question that it falls on us, the individuals, to find a way out of our own personal crisis.” Give up? It’s […]
Benin Mwangi, who blogs about doing business in Africa, asked me recently: “should the discussion be about how to get the informal sector to become part of the formal sector or should it be how to cater to the informal sector?” This in an excursion into the morass of African poverty and development. The short […]