One of the major reasons, perhaps the major reason, economics is oftentimes irrelevant to our understanding of economies is that it fails to notice a [more…]
Jonathan Rauch has just written an absurd article for The Atlantic magazine. It isn't often that I say such things - well except every time [more…]
Yesterday I stirred up a certain curiosity as to why I had lumped Peter Drucker into the same bag as both von Mises and Hayek.
Shocking is an understatement. Donald Trump is unfit for public office, be it town clerk or president of the US. He's an unbalanced egomaniac. He's a [more…]
We hear it all the time. It is a relentless drum beat on the left. Capitalism, we are told, is in crisis. This crisis is [more…]
With respect to my summer reading.
I have always been fascinated by information. Its role in the economy; its nature; and its effect on [more…]
This is not a time to dwell on the inconsistencies and even contradictions of the recent uprising of populism in the western world. Treat it [more…]
Like many people I am still trying to digest the lunacy of Brexit. I say lunacy because retreat from European integration is, in my opinion, [more…]
My summary of the discussion prior to the Brexit vote:
Consequences be damned.
How very British.
Let's all remind ourselves of how [more…]
I have a book by James Meade published in 1975. It's called "The Intelligent Radical's Guide to Economic Policy". Thumbing through it reveals how some things [more…]