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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.

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10 Flaws with Mainstream Economics

Tom Spencer

Corporate finance academics argue that firms should act to maximise shareholder value, since shareholders are the owners of the firm. This could create national security risks, and may overlook other important costs such as transportation costs, shortage costs, and pollution. Profit maximisation. Deadweight loss.