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Recent Posts

Shouldn’t it be enough to pretend to care?

I’ve read in many places to beware the grand sweeping explanation for all things; “A theory which explains everything explains nothing”. What I would propound is not a clean mathematical hypothesis which can be proven or disproven but, what is even worse, just a sense of any idea which exists as an underlying truth. It…

When a Bubble Calls

Richard Dawkins describes how we have evolved to exist in what he calls “middle world”. The properties of immeasurably small and incomprehensibly large matter never came into play in terms of the survival of our ancestors and so, unlike the properties of matter in middle world, understanding their behavior is nearly impossible for us to…

Virtue Signaling

When Commodus explains to Marcus Aurelius that he has virtues, even if they are not the ones the emperor most values it makes me think of Springfield and its virtues. https://www.youtube.com/watch?v=-0AMz3G3FCA The holidays provide more opportunities than any other time of year to meet new people and get a feel for the zeitgeist, but I…

The Third Visitor

One of the economists I enjoy listening to propounded an interesting idea last week; low interest rates not only encourage ¬†malinvestment in the economy but also take capital away from the important investments that need to be made. As I had surveyed NIRP and ZIRP and QE and NotQE I had thought of it more…