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  • Airlines around the world have gone to great lengths in recent years to reduce the weight they carry, with an eye to decreasing fuel requirements and increasing profit. So if weight is such a key concern for airlines' operations, why not charge for overweight passengers as well as overweight baggage? At least one economist thinks it's a great idea. [View news story]
    Of course, I'm sure neither the airline nor the economist is thinking they should provide an oversize seat for that oversized price.
    Mar 30, 2013. 10:26 AM | 4 Likes Like |Link to Comment
  • Google's Act of War on China [View article]
    It's not quite Admiral Perry opening up the closed society of Japan to the Western ways of industrial warfare and international imperialism, but it does seem like we still can't abide by other cultures finding the own ways into the economic community.
    Jan 15, 2010. 10:26 AM | 1 Like Like |Link to Comment
  • Debt-Based Positions: The Great Mirage [View article]
    I keep wanting to get back to reading Henry Ford and his dislike of financial considerations taking precedence over productive. The economic justification of paying, or getting, interest is that the money loaned will have productive value. Using another basis for it, like increasing property values and/or the wages of the borrower, amounts to the snake trying to gain sustenance by devouring itself.
    Dec 2, 2009. 11:31 AM | 8 Likes Like |Link to Comment