System Dynamics

Unfunded Mandates?

August 2, 2011 Budget

A major complaint of counties in New York, even before the State imposed a cap (porous, but a cap) on increases in property taxes, the constant refrain was that the State mandated a host of requirements that generate costs, but which the State doesn’t pay at least part of it. However, about 40 counties operate […]

Read the full article →

The bigger they are …

July 11, 2011 Journalism

Nate Silvers, fivethirtyeight points out that News Corp News Corp lost $3.4 billion in market capitalization today.” Here’s the Google Finance link. From Paul Hilder and then Noah Raford, observes “Rapid catastrophic loss of reputation > News Corp lost $3.4 billion in market capitalization today.” The larger the difference between perception and reality, the bigger, […]

Read the full article →