The Alaska State Capitol Building, home of the Alaska Legislature

What Goes Around Comes Around


The Republican majority in the State House and Senate need the votes of the Democratic minority to draw funds from the Constitutional Budget reserve. It takes a three-quarters vote in each chamber to draw down funds. The Republican caucus gas a three-quarters majority in the state Senate; they don’t in the House. To get the…

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Purely an Act of Self-Defense, Part 4


You didn’t think WC had run out of these things already, did you? As WC mentioned, WC is a lawyer. Which means at social occasions, everyone WC sees is overcome with the urge to tell a lawyer joke. In self defense, WC began collecting the things. Nothing stops a would-be wit better than responding to…

Anchorage Legislative Information Office (Photo Erik Hill/ADN)

Sunk Costs and the Taj Mahawker


It’s been a long time since WC got  geeky and wallowed in some economics. Sure, only geology is less popular as a topic around Wickersham’s Conscience, but this example is too classic to let pass by. A “sunk cost” is an expense that has already been made. It cannot be recovered. In economic terms, those…