Category Archives: Uncategorized

Brazen Bullshit

The actual reasons behind the MAGA ‘replacement theory’ The ‘replacement theory’ that motivated the lethal 2017 Charleston ‘Unite the Right’ march is largely factual. Its causes have nothing to do with those that espoused by the MAGA party. It has … Continue reading

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Capital Sin: Part 1

 Greed and Its Economic Effects:  An Analog Simulation Can we determine the economic impact of greed? The lasting contribution of Piketty’s masterful book, Capital in the 21st Century, may well be his work and that of his colleagues in the … Continue reading

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Cloudy, with a Chance of Default

 Timely forecasts can be essential to safety Global finance has more in common with weather prediction than many economists might admit. If they studied the history of weather forecasting, they might be a little humbler in their statements about business … Continue reading

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Our Children Know

 2011 Advertisement for the Bushmaster ACR taken from the web.  (Click for larger image) The ad heading, “Forces of Opposition, Bow Down” is designed to evoke strong emotions and convey the power to control.  Considering the unspeakable events in Connecticut, it … Continue reading

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The eleventh hour of the eleventh day of the eleventh month.

I was born in England after WWII, and I still remember the paper red poppies, sold as the remembrance of Armistice Day, celebrated by Veterans Day in the U.S.   I wrote this piece several years ago, and somehow, on … Continue reading

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Is the Financial Sector Worth What We Pay It?

Plenty more where that came from! (This article is cross posted from my article for OECD Insights where they provide discussion of a wide range of subjects that influence world development) A basic capitalist tenet is that the market represents the … Continue reading

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Republicans are Planning to Cook Your Grandchildren

“How much can the economy really heat up?” NASA Virtual Solar Observatory Image Yet another part of the long-term Republican plan has emerged with North Carolina banning excessive sea level rise . Wondered about the proliferation of super yachts? Obviously the … Continue reading

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Hedging the Apocalypse

When some latter-day Aristophanes distills the tragicomic story from the mash of the current Greek econodrama, I’ll wager that it will have much in common with the original story of the Acharnians.  The London Review of Books synopsized the story … Continue reading

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The Tea Party Gets it Right (Well…sort of….)

    Photo credit: Reuters/Brian Snyder   Much is correct in the Tea Party’s position, but it lacks historical perspective. To clarify, consider the name of Wilkes-Barre, the Pennsylvania town, founded 1769. The name comes not from its founders but … Continue reading

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Our half of the deal

The current budget debate is stunning: we, as a nation, are negotiating only one side of the transaction. Everything is to be ‘balanced’ on the backs of individual citizens, while the plutocracy, Wall Street and private equity sit across the … Continue reading

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