Tag Archives: economy

Can Government Solve All Our Problems?

Dear Friends, It seems to me, the primary difference between what in America are called liberals and conservatives, boils down to the question, can government solve our problems. As a society we have many difficulties, some have been with us … Continue reading

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A Solution for Too Big To Fail.

Dear Friends, It seems to me, the too big to fail dilemma gets worse, every time our legislators have a go at it. The Elite’s regulations always result in pernicious incentives that, instead of preventing banks from becoming too big … Continue reading

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Government Thinks We are Stupid

Dear Friends, It seems to me, a fundamental problem with most regulation, is that they require as a precondition, people are stupid. This premise of regulation doesn’t comport with reality. People are smart, self interested, and for the most part … Continue reading

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On the Debt Limit Debate

Dear Friends, It seems to me, the upcoming debt ceiling debate could be won handily by the republicans, if they only use some good old down Eastern shrewdness. The debate has been framed by Obama, the democrats and the unbiased … Continue reading

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Crime, Incentives and the Elite

Dear Friends, It seems to me, a lawmaker who doesn’t subject himself to his own law, is like a cook who won’t eat his own cooking. In the case of a cook this can lead to gastrointestinal distress, but in … Continue reading

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Obama’s Depression

Dear Friends, It seems to me, a magician directs the audience’s gaze away from the real action, as does a scam artist, to allow something to happen they want to keep hidden. The story the unbiased media and the political … Continue reading

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To Shine the Light of Criticism on Evil is Heroic and to Vilify Good is Not

Dear Friends, It seems to me, no one fears criticizing good, but all fear accusing evil. That is because we understand that there are consequences for ridiculing evil but none for abusing good. A good man, organization or group will … Continue reading

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The Thirst for Logic and for Gold

Dear Friends, It seems to me, I may not be able to convince a thirsty man to take a drink of water, but I can at least have water available for him… if he comes to his senses. Those who … Continue reading

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The Theory of Value Sinkholes

Dear Friends, It seems to me, when a sinkhole opens up in a road, it is dangerous, but when a asset’s value collapses into a sinkhole, the economic results can be ruinous. Most of us are familiar with the idea … Continue reading

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The Weed of Regulation

Dear Friends, It seems to me… regulation has a way of overgrowing the economic garden of a country. Regulation becomes a weed, when it ceases to be a standard and instead becomes accordant, or is a means to prevent competition. … Continue reading

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