Tag Archives: recession

I Pencil and Complexity Theory

Dear Friends,   It seems to me, the most commonly known analogy in economics is, I Pencil. This narrative shows that the capitalist system produces things of such complexity it would be impossible for a central authority to do it. … Continue reading

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Government Shutdown

Dear Friends,   It seems to me, Obama is saying to the American people, “resistance is futile.” In the science fiction series Star Trek Next Generation, the Borg were an evil alien race that lived in a collective. The Borg … Continue reading

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Opinion, Violence and Civilization

Dear Friends,   It seems to me, the moment opinion is met with death threats, there is no longer civilization in the land. What had been civilization has now become anarchy, and until the threat of death for opinion is … Continue reading

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The Laws of Economics

Dear Friends,   It seems to me, the laws of physics, (God’s laws) are inviolate, when someone breaks them and is hurt by the result, the person becomes a victim, of his or her own foolishness. The laws of physics … Continue reading

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Progressive Excuses for Detroit

Dear Friends,   It seems to me willful blindness is the most dangerous form of blindness there is. Those who turn their eyes off, intentionally, subject themselves to every form of invasion of their rights and liberties imaginable, moreover, their … Continue reading

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Ends and Means, Faith and Reason

Dear Friends,   It seems to me, the ends do not justify the means; the means taint the ends. In the Machiavellian sense of good ends justifying bad means, the the logic is understood to be flawed. Not only flawed … Continue reading

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Bernanke’s Speech

Dear Friends, It seems to me, the economic theater we have been watching this last week, is more about what is known but not said than what is said but not known. Bernanke’s speech after the Open Market committee meeting … Continue reading

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European Union Economic Death Spiral

Dear Friends, It seems to me, the European Union and all the countries within it, are in an economic death spiral, and unless they break out of it, there will be a generational depression to pay for it. If you … Continue reading

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Giant Omnibus Laws and Comprehensive Immigration

Dear Friends, It seems to me, the only reason to pass massive omnibus bills, is to hide pernicious things in it. Every time you open the paper lately there is this or that omnibus bill being debated. Everything must be … Continue reading

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Shysters and Liars

Dear Friends, It seems to me, when a millionaire stands in front of me and claims he is going to hurt the rich and help me, I know I am being lied to. Carneades said, people are like animals, each … Continue reading

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