So Long, And Thanks For All the Pessimism

As I’m looking at what’s happening that’s noteworthy for voters, I’m increasingly pessimistic. Here’s what we’re seeing: Politics as rancorous tribalismGrowing up in Sacramento, I was a fan of the Oakland Raiders…from the Ken Stabler days through the Lester Hayes/stick’m days, and thereafter. When Bill …

Government Inefficiency May Be A Feature

This tweet got me thinking… Operating a for-profit business makes it more likely that your business will make decisions to profit-maximize. As a result: You may not be operating equitably—you will offer priority service or allegiance to those who will maximize your profit You may …

Sugar We’re Going Down

Wondering, this morning, what you’d want to do to take care of yourself if we had a prolonged deflationary period. My best guesses: If you were having a tough time, financially, before…and if you don’t have the ability to produce food (farming land)…then you’d want …

Armchair Macroeconomics

Economics is so multivariate, so complex, that propagandists can probably find data to support whatever conclusion they want to state. I mean, they may not be able to do so in a way that will convince economists. But they will be able to convince the …