The government’s and the mainstream media’s favorite economic statistic is Gross Domestic Product (GDP). If GDP goes up, then the economy is doing well. If GDP shrinks, then the economy is doing poorly, or so [more…]
My three grandchildren’s other set of grandparents live just off the seventeenth green of a golf course in California. This set of grandparents hosted a multi-generation family vacation at their home this summer. The California [more…]
One of President Biden’s first initiatives is a two trillion dollar proposal to rebuild America’s infrastructure. This plan is a typical Washington initiative in which lots of pet spending bills are piled on top of [more…]
We’ve all heard about the newest insult to our lives and our children. I refer, of course, to the growing adoption of “Critical Race Theory” as part of public school curriculum. Why should we be [more…]
A good definition of the Tragedy of the Commons is that “Resources that are un-owned and/or un-ownable will be plundered to extinction”. Consider the fishes of the seas, especially those that migrate such as whales [more…]
Wikipedia describes a Dutch Uncle as follows: Dutch uncle is an informal term for a person who issues frank, harsh or severe comments and criticism to educate, encourage or admonish someone. Thus, a “Dutch uncle” [more…]
The common thread that connects failed societies, from Weimar Germany to the Soviet Union, is an almost pathological insistence on denying reality. Weimar Germany denied that masses of printed money would destroy civilized society. The [more…]
We all are too familiar with the approach to pandemics taken by governments at all levels in the US. In the name of “public safety” governments assumed “emergency powers” to restrict the citizens’ right to [more…]
Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented Covid-19 inspired closures of businesses or that the damage was very mild anyway. Government will use it favourite [more…]
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