I initially watched with alarm the process through which President-elect Biden filled his Cabinet and Executive Branch nominations. A key criterion for selection appeared to be one’s skin color, gender or sexual orientation, not experience, ability or past performance...
Economics
Note To Self for October
You are probably already familiar with a great quote attributed to Chuck Swindoll about Attitude, but it is worth repeating in these unusual times. “The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It...
Please Give Us Real and True
At age 72 I hope you don’t mind if I want to focus on what’s real and true, not on what’s false or BS. The BS is that we in the U.S. are suffering through a terrible time of oppression, inequality, dysfunction and major problems. Yes, problems exist in varying...
The Intersection of Faith, Economics and Policy
I began these posts almost ten years ago in August, 2010. For the first several months I offered one or two policy recommendations under the title of 2020 Vision: How To Fix The Next Ten Years in Ten Steps. With 2020 almost upon us, I thought it would be useful and...
What Wrestling History Can Teach Us
I’ve just finished Taylor Branch’s book The Clinton Tapes: Wrestling History with The President. Branch, the Pulitzer Prize-winning author of the King Years Trilogy, finished the book in 2009. It contains 667 pages of intimate details taken from seventy-nine secret,...
Can Anyone See What China is Really Doing? Only If You Look.
This post is not about any specific Chinese or American companies or entities, all of which I assume are filled with people of good will who genuinely wish the best for each other. Rather, it is about two completely different and possibly irreconcilable models for...
Tucker Carlson Ignites Debate on How to Strengthen Families
To start the New Year, Tucker Carlson led off his show on January 2nd with a fifteen minute monologue that sent other pundits of all political stripes scurrying to attack or to support him. If you missed the original show, you can see it here. It is well worth...
A Lehman’s Guide to the Future
This post is part of my series on Black Swans and the crucial need to keep real Margin built into our lives. Upcoming is the Tenth Anniversary of Lehman Brothers’ bankruptcy on September 15, 2008, the largest such filing in U.S. history and the trigger for the...
There’s a New Tariff in Town
Veteran readers in this space will know that one of my favorite books is Henry Hazlitt’s Economics in One Lesson. See my post from 2013 entitled What We Don’t See is Killing Us for a reminder. And I will again quote several sentences from Chapter 15 which capture...
How Do You Say Black Swan in Mandarin?
Michael Schuman’s reminder in a recent BusinessWeek article is one of the clearest high level observations I’ve read on the perverse and unpredictable nature of too much debt in the short run, never mind the long term requirement to repay it; he focuses on the...
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