Rant Archives |

Sports Gambling

The 2018 Supreme Court decision that struck down a 1992 federal law prohibiting most states from allowing sports betting has transformed the US sports landscape. By 2024, the gambling industry had become deeply embedded in US sports culture, with leagues, teams,...

Corporations for Shareholders

The Michigan Supreme Court’s decision in Dodge v. Ford Motor Co., 204 Mich 459; 170 NW 668 (1919), established the principle of “shareholder primacy” in corporate America. The court ruled that Henry Ford had to operate the Ford Motor Company in the...

Travel

During the Dark Ages, most people’s access to goods and services was confined to a 20-mile radius around their birthplace. Few individuals ventured beyond this limited geographic area over the course of their entire lives. Even the wealthy, who may not have...

The Rich’s Education includes..

Classroom discussions, for students ages 12-18, cover various asset classes, risk versus reward and the power of compounding. Often, these areas are left out of traditional curriculums because they are considered nonacademic. However, these ideas overlap with the same...

Tax System Explained

Suppose that once a week, ten men go out for beer and the bill for all ten comes to £100. If they paid their bill the way we pay our taxes, it would go something like this… The first four men (the poorest) would pay nothing. The fifth would pay £1. The sixth...

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