During my last semester of law school, we read an interesting case for Corporations class, A. P. Smith Mfg. Co. vs. Barlow, 13 N.J. 145, 98 A.2d 581.  In this 1953 decision by the New Jersey supreme court, the question (basically) was whether the corporation was allowed to donate money to charity, or whether donating would be an illegal waste of the shareholders’ money.  I won’t bore you with the legal details (the court found that the corporation was allowed to make such donations), but listen to some of the testimony in the case:  Read the rest of this entry »

Here’s an Idea

October 10, 2010

Liberals, let’s make a deal:  No conservative will have an opinion on employment, labor markets, or economics until he has experienced being an employee, at least once, and no liberal will have an opinion on such things until he has experienced being an employer.

This entry is especially addressed to people who haven’t yet heard of any good reason not to be in favor of health-care reform—after all, who’s against reform?  Who’s not in favor of health?—but who are open-minded and who, if presented with credible information indicating that a particular proposal was a bad idea, might change their minds and oppose it. Read the rest of this entry »