Stakeholders

Notable Quote – Shareholder or Stakeholder?

The greedy capitalists of the old shareholder model of corporate responsibility had one thing in common with their shareholders, namely, both were largely motivated in the same way. Management was incentivized to maximize profits, and investors invested so that those managers would do so. Under the new stakeholder dispensation, presumably management is to be concerned … Read more

EFAs: Additional Costs Are the New Savings

The recent report ‘New Hampshire Department of Education Long-Term Comprehensive Modeling Analysis of Education Freedom Accounts’ is supposed to show how Education Freedom Accounts (EFAs) can save taxpayers a bunch of money. But while reading it, I was reminded of a puzzle that we were often asked about at Ask Dr. Math, which is pictured … Read more

moeny from hat

The Magic of Per-Student Cost

Are your state representatives smarter than fifth-graders? Here’s a word problem that even a fifth-grader should be able to solve: A boat ferries passengers across a lake.  Ten people want to ride it together.  The captain says:  It costs me $100 to run the boat, so you’ll have to pay an average of $10 each. … Read more

NH GOP Annual Meeting – Another Observation From A Loyal Reader

As a Merrimack County GOP Committee member, who was credentialed to attend this fiasco, it went exactly like anyone with a brain would know it would go; and, the mere fact that out of the starting gate 50 people voted “multiple” times on a yes or no “monkey” survey, was when this meeting needed to adjourn.

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