Tag Archives: finance

Pay back (Repay) salary to DFAS and you lose tax money

Posted on August 26, 2014 by Brian

As a government civilian employee, if DFAS pays you too much in any given year and then later collects the amount back from you, there can be no way to recover up to $960 income tax you already paid on … Continue reading →

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Loss of Private Goods

Posted on July 29, 2013 by Brian

I recently had a chance to read Economics: A Very Short Introduction, by Partha Dasgupta, published in 2007. Page 52-54 is a passage teaching the definition of private goods, public non-exclusable goods, and externalities, and then applying these terms as … Continue reading →

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Spend More Time with the Good

Posted on July 29, 2013 by Brian

I recently read Taxi Drivers and Beauty Contest by Colin Camerer, published in 1997.  He found that on good days taxi drivers choose to work lesser hours after hitting their preconceived target of “enough income for the day”, and he … Continue reading →

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Fairness and Equality and the Common Good

Posted on February 10, 2013 by Brian

What is fair and equal? There are the four choices.  We need to pick one of these.

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Gift Giving Economies vs. Capitalism

Posted on November 9, 2012 by Brian

We’ve changed in the last 20 years.  When Saddam Hussein invaded Kuwait, it was because he saw his richer brother nation and wanted to take what they had and use it for himself.  The world responded with horror and we … Continue reading →

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