Tag Archives: economics

Paper 7 — Insider Trading and the STOCK Act: Informational Emoluments and the Enforcement That Wasn’t

Gain in the form of knowledge The series has so far tracked benefit that arrives as money or its equivalent: a gift, a payment, a commercial advantage, a relative’s enrichment. This paper turns to a benefit that arrives as information, … Continue reading →

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White Paper 2: The Economics of Tuition-Free

Abstract The University of the People advertises itself as tuition-free, and the phrase is both accurate and incomplete. It is accurate because the institution charges nothing for instruction, course materials, or enrollment; it is incomplete because students still pay per-course … Continue reading →

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Paper 6 — Antitrust Exposure and the Cartel Paradox

Abstract Paper Five established that the new enforcement body lacks legitimacy from any of its three possible sources and that the deficit could be closed only by statute or by bargaining with a genuine representative of the athletes. This paper … Continue reading →

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Paper 4 — The Survival Problem of the Long Tail

Abstract Paper Three analyzed the cross-subsidy compact from the side of those who pay it and reserved for separate treatment the position of those who receive it. This paper turns the compact over. It argues that the recipients of the … Continue reading →

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Paper 3 — The Cross-Subsidy Compact and the Have/Have-Not Binding

Abstract Paper Two located the premium that asset-holding conferences pay for the Association’s risk-absorption in two currencies: cross-subsidy of weaker members and dilution of their own governance voice. This paper takes the first currency as its subject. It argues that … Continue reading →

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The Fat and the Forced Portion: Priestly Greed and the Corruption of the Sacrificial System

Abstract This paper argues that priestly greed is presented in Scripture not as an incidental moral failing of individual priests but as a corruption that strikes the sacrificial system at its root, perverting the very mechanism by which the people … Continue reading →

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White Paper 13: Insider Trading and Regulatory Immunity: Unequal Legal Exposure, Regulatory Asymmetry, and Protected Elites

Abstract This paper continues the third cluster’s examination of contemporary domains in which the Teflon pattern operates, focusing on the regulation of financial markets and particularly on the documented asymmetry between the standards applied to retail participants and those applied … Continue reading →

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Paper 6: The Abuse of Rank: How Rank Can Become Domination, Clericalism, Patriarchy in the Abusive Sense, Bureaucracy, or Spiritual Rent-Seeking

Thesis Rank is a biblical category for the differentiation of offices within an ordered whole (Paper 3), and authority is a stewardship to be exercised in the manner of the Servant-Lord (Paper 4). Rank becomes an abuse when it ceases … Continue reading →

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Of Stewardship and Speculation

Introduction The four papers preceding this essay treated cryptocurrency as a financial and technological question: what it is, why it attracts fraud, what specific schemes circulate within it, and how a person who chooses to participate can do so with … Continue reading →

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Participating Safely In Cryptocurrency If You Choose To

Introduction The three preceding papers in this series have laid out, in turn, what cryptocurrency is and what it promises, why the field attracts unusual concentrations of fraud, and what specific forms that fraud takes. A reader who has followed … Continue reading →

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