Keyword: factoring
Harvesting the Future (12/21/2001)
Injury victims might be prevented from selling their streams of future settlement payments for a lump sum for fear that they might not spend their quick cash wisely.
Keywords: annuity, car loans, credit card balance, discount, factoring, future payments, interest rate, lottery, lump sum cash, present value, structured settlements, time preference
What Makes Rights? (12/21/2001)
Temporary property rights created out of sympathy or a preference for insiders over outsiders might become politically entrenched.
Keywords: assistance, capitalization, Coke, compensation, delayed adjustment, disaster, factoring, lobby, Pepsi, presumed right, property right, steel, swing states, swing vote, sympathy, trade protection, vested interests