Crackpot Economics
Crackpot Experiment Number One gave the feds greater control of our money, with the inevitable undesirable results. Crackpot Experiment Number Two has the feds taking over trade.
The Information Problem
The Information Problem
The internet is a mess — filled with lies, distortions and time wasters. For every page of the periodic table, there are thousands of pages of fake news, claptrap science, and kitten videos.
The Dog Deals of Summer
The Dog Deals of Summer
Dogs don’t pay tariffs. Inanimate objects don’t pay them. In the end, all government revenues must come from The People.
Something for Nothing
Something for Nothing
The value of a pick-up truck doesn’t go down when you start the engine. ‘Ghost wealth,’ on the other hand, drives away on its own.
Hail Caesar
Hail Caesar
The Big Man doesn’t believe in rules at all. Not the liberal rules. Not in the conservative rules either. He is the law. He is the State. His will is writ.
Ghost Wealth
Ghost Wealth
Wealth is not discovered. It is created. So, there must be a connection between the makers and the made…between producers and their products…and between the income and the capital accounts.
Bombastic Bullying Brutes
Bombastic Bullying Brutes
Oswald Spengler foresaw the peak of Western Civilization coming around the year 2000. Now that we are a quarter of a century into the down cycle, the real questions for us remain the same.
Reward Friends, Punish Enemies
Reward Friends, Punish Enemies
Tariffs can be used in a variety of vain and foolish ways — to promote foreign policy goals, to influence other countries’ internal politics, to raise drug cartels’ profits, to pay off big donors.
The Parts are Wearing Out
The Parts are Wearing Out
Last year, we worked with a grandson and framed out a studio apartment in one of the barns near the house. We didn’t really need another bedroom, but it was a fun project.
The Grammar of a Scandal
The Grammar of a Scandal
‘How to make an airplane totally invisible’…began a post from Elon Musk.
There followed a picture of a fighter jet with Jeffrey Epstein’s client list stuck to it.
L’Affaire Epstein refuses to die.
