WHY DID THEY DO IT?

(By Dr. Joseph W. Koletar) It is perhaps the oldest question in the world: A child asking a parent, “Why is the sky blue?” As adults, in the world of governmental and corporate affairs, we ask our own version of that simple question: “Why did they do it?” Think of Madoff, Skilling, and so many […]

   

OF BLOOD AND CRANES

(When Logic Finishes Second) (By Dr. Joseph W. Koletar) The Wall Street Journal of May 26, 2016 carried the following front-page article: “Deal With Theranos Haunts Walgreens” The article recounts the long and somewhat confusing saga of an old drug store chain and a young “up-start” company called Theranos. In the Spring of 2011, the […]

   

SHOOT, THEN MOVE THE TARGET

(By Joseph W. Koletar) The Economist Magazine of March 26, 2016 carried the following article on p. 85: “Clinical Trials: For my next trick…” It recounts the experience of drug company GlaxoSmithKline (GSK) with a drug called Paxil. Coming to market in 1992, it was presented as a treatment for depression. Some years later it […]



THREE WAYS TO STEAL

    (By Dr. Joseph W. Koletar) While there are hundreds of dishonest ways one person can take money from another person they fall into three basic categories. In reverse order of frequency they are: • Force, or Threat of Force (We call these Armed Robbery, Extortion, and Kidnapping); • Stealth (We call these Auto […]