My wife and I, both instructors at the same college, retired this month. In this post, I will talk about our decision and its potential impact. Choosing to Retire—Together Unlike some professionals, American college instructors don’t have to retire at a specific age. That made the retirement decision more personal and, in some ways, more […]
Gautam Adani: Controversy, Contribution, and Capitalist Conundrum
Does Indian society truly appreciate its capitalists and wealth creators? Most often not. In this post, I will highlight this attitude through the lens of Gautam Adani. The Roots of Distrust The anti-capitalist sentiment in Modern India was seeded in 1947 when policymakers had a unique opportunity to shape a newly independent nation’s economic mindset. Instead […]
Fixing the Capital Loss Tax Deduction for Financial Assets
Tax season is here! For me, it invariably evokes flaws in the tax code, one of which I will highlight in this post. Specifically, I will discuss the outdated and inequitable treatment of capital loss deductions for stocks and bonds. The Capital Loss Deduction: A One-Sided Deal Imagine you buy 1,000 shares of Nvidia at […]