Steve Eder asks Did a Queens Podiatrist Help Donald Trump Avoid Vietnam?: In the fall of 1968, Donald J. Trump received a timely diagnosis of bone spurs in his heels that led to his medical exemption from the military during Vietnam. For 50 years, the details of how the exemption came about, and who made the…
Ethics
Assault Awareness & Prevention, City, Culture, Ethics, Misconduct, Nepotism, That Which Paved the Way, University, UW System
Another ‘Advisory Council’ Isn’t What Whitewater Needs
by JOHN ADAMS •
Whitewater has a same-ten-people problem, derived from a few people living behind (metaphorically) a narrow and high perimeter fence, with those few often producing mediocre work, while the city’s economy stagnates. And yet, and yet – one reads that even during the third investigation for sexual harassment & assault concerning the relative she appointed, supervised,…
Assault Awareness & Prevention, Bad Ideas, City, Culture, Ethics, Local Government, Mendacity, Official Misconduct, Politics, That Which Paved the Way, Trump, University
Act Utilitarianism Isn’t Merely a National Scourge
by JOHN ADAMS •
Culture, Economy, Ethics, Free Market
The Theory of Moral Sentiments and the Morality of Markets
by JOHN ADAMS •
In Five myths about capitalism, Steven Pearlstein describes the primary myth as a misunderstanding about motivations of those choosing freely in the marketplace (broadly understood, these choices are about not only capital, but also labor or goods): Myth No. 1: Greed, a natural human instinct, makes markets work. Adam Smith, the father of economics, first pointed out in his…
Babbittry, Bad Ideas, Conflicts of Interest, Ethics, Local Government, That Which Paved the Way
Absurdity on Conflicts of Interest
by JOHN ADAMS •
In towns large and small, there may sometimes arise a conflict of interest between an official’s private interests and his public authority. The idea of conflicts of interest is not new, but it is so poorly understood that one would think it was as new as a kitten and as rare as a unicorn. A…
Business, Ethics, Politics
Why, Yes, It Was
by JOHN ADAMS •
Cecilia Kang reports AT&T Chief Says Hiring Michael Cohen Was a ‘Big Mistake’: WASHINGTON — Randall L. Stephenson, AT&T’s chief executive, said on Friday that the company had made a “big mistake” by hiring President Trump’s personal lawyer, Michael D. Cohen, to advise on the telecommunications giant’s deal to buy Time Warner. “Our company has been…
City, Conflicts of Interest, Crony Capitalism, Economics, Economy, Ethics, Gov. Walker, Local Government, Mendacity, Paul Ryan, Politics, State Capitalism, That Which Paved the Way, Trump
The Price of Trumpism is Ruin
by JOHN ADAMS •
Craig Gilbert looks at the careers of Priebus, Ryan, and Walker: They led the “Cheesehead Revolution,” the GOP’s audacious conquest of Wisconsin. They offered a model for bridging Republican frictions between establishment and base. They became national figures. They ran into Donald Trump. They suffered. They bent to his rise. Now one (Priebus) has left…
Business, Ethics, Misconduct
Ackman’s Right About Herbalife
by JOHN ADAMS •
Bill Ackman, CEO of Pershing Square Capital, has waged a long campaign against Herbalife (in which he has a publicly-disclosed short position, that is, a bet against Herbalife’s future). Ackman’s a capitalist, activist, and philanthropist. (His politics are not mine – he recently urged Michael Bloomberg to run for president; Bloomberg is no libertarian.) In…