Category Archives: The Economic Way of Thinking

I’d sort of intuitively remembered experiencing this, perhaps from my own observations while moving across the country as a kid more than most military brats: Today, the story of America is largely the story of two economies — rural and … Continue reading →

That Switzerland has a functional school system Swiss Reject Plan to Give Themselves a Guaranteed Basic Income Swiss voters rejected by a wide margin on Sunday a proposal to introduce a guaranteed basic income for everyone living in the wealthy … Continue reading →

Into PIIGSS For those in the know, the acronym in the title stands for: Portugal, Ireland, Italy, Greece, and Spain. These nations are in terrible monetary shape and are dragging Europe down with them thanks to the wonderful idea that … Continue reading →

While Phil’s been away at welding school, I’ve been getting schooled as well. One of the delights of being an in-house attorney is that it’s the “last refuge of the generalist.” At any point in my day I may be … Continue reading →

If you’ve ever wondered why 40 = 40 = 40, hit this link and read about Gummi Worms and Sweet Tarts. Also, why government intervention cannot stop stupid people from doing things that hurt their economic standing and causing more … Continue reading →

If you’ve never listened to him speak before. Charles Koch, one half of the demonized Koch Brothers, talks about government subsidies to businesses.

Change the numbers When inflation started to creep up, the administration “revised” how inflation was calculated. They can’t bring the numbers up in the economy, so they’re going to “revise” those as well. Data shift to lift US economy by … Continue reading →