Business

An Open Thread for Gearheads

By Carroll Andrew Morse | June 8, 2009 |

In Sunday’s Projo, Froma Harrop suggested that fuel efficiency could be the key to a General Motors resurgence… The point of this agony is to create a company that makes cars people want….GM lags in creating fuel-efficient vehicles, but that doesn’t mean it can’t catch up. It is preparing to launch the GM Volt, a…

An Interesting Convergence of Issues

By Justin Katz | June 5, 2009 |

This story confounds categorization: Eastern District of Michigan judge Lawrence P. Zatkoff handed down the decision, in a case involving an alleged violation of the constitutional separation of church and state. The issue is whether a government-owned company, AIG, can market sharia-compliant insurance products. (To be sharia-compliant, an investment vehicle must be created and structured…

Paloozas All Around

By Justin Katz | May 3, 2009 |

I’ll admit some jealousy. Over the course of a year, Matt Allen built a brand new radio gig into the number 1 show in its slot. His previous experience had been limited to production and some periodic shows here and there on the schedule. For his show’s one-year anniversary, his company threw him a big…

Discouraging the Birth of Business Entities

By Justin Katz | January 5, 2009 |

While returning, this weekend, to the long-standing question of what sort of official entity Anchor Rising should become, I whittled down my understanding of the relevant tax law to what I believe to be its basic statement: Once one creates an entity, in Rhode Island, that entity is subject to fees and taxation. An individual…

A Quick Explanation for Pat

By Justin Katz | January 4, 2009 |

I haven’t had a chance to work through my Sunday paper, yet, so I’ll offer no comment on the bulk of that to which Pat is responding in this post, but he does construct a question in such a way as to merit correction. Arguing for increasing taxes and government-induced costs of doing business in…

Career Path Logjam

By Justin Katz | December 31, 2008 |

Robert Wendover, director of the Center for Generational Studies, offers some thoughts related to my concerns that some number of Baby Boomers won’t accept it as their social duty to pass the torch along to the next generation: … Regardless of their financial position, most Boomers are reluctant to leave the workforce. While income plays…

Corporations Are Only People When Barney Wants to Give Them Something

By Justin Katz | December 29, 2008 |

I just came across this bit of economic philosophy from Congressman Barney Frank (D – MA), on 60 Minutes, that contradicts the standard liberal construct (emphasis added): STAHL: But there was never any doubt that Frank himself didn’t want the car companies to go under. What about the idea that, in capitalism, if a company…

Clear the Way (But Don’t Build It) and They Will Come

By Justin Katz | December 17, 2008 |

It must be their training that leads business advocates and practitioners to declare that Rhode Island requires a targeted business plan. A state is not a business; it’s a location. Government leaders are not CEOs and corporate board members; they’re politicians. We shouldn’t rely upon them to innovate and develop visions for business in the…

A Society Without Trust

By Justin Katz | December 10, 2008 |

Ronn Torossian makes an important point, although I’d argue that his observation is a small part of a much broader issue: There is now an inherent distrust of the “system,” from the White House to local car dealerships. Trust has been broken in all facets of American business, because for far too long, top brands…

Crisis Reveals Long-Term Principles (And Short-Term Interests)

By Justin Katz | December 9, 2008 |

Funny how, in a crisis, short-term needs bring forward principles that ought to have longer duration, but always with the suspicious taint of self-interest. Writes Providence real-estate mogul Joseph Paolino: I call on Governor Carcieri and Mayor Cicilline to convene a summit of nonprofit leaders and to offer state and city support for accelerated construction…