Once, long ago, I considered going the way of St. Francis of Assisi or Ignatius Loyola, forsaking the trappings of a wealthy and privileged life (as if I really had…
ECONOMICS
[Note: This piece is Part II of The Sustainability of Shangri-La] “We need a balanced approach,” to fixing our economic problems we heard the President saying time and again in…
I consider myself fortunate that I never regarded my occupation as “labor.” I never regarded it as “work” either (although it involved effort), or a “job” even though I was…
(With apologies to Louis Bruñel) Americans would never use the French term for the social class that is the equivalent of the venerable “American Dream.” But we occupants of the…
On 7.31.2010 NPR ran a piece that BP was trying to ”buy up” as many possible scientific witnesses in what promises to be the biggest tort case ever to settle…
Once, long ago, I considered going the way of St. Francis of Assisi or Ignatius Loyola, forsaking the trappings of a wealthy and privileged life (as if I really had…
We ain’t done yet. If we manage to avoid being swept away by an economic tsunami (Part 1) of our own making, or by a nuclear holocaust (Part Deux), much…
Randomly rational thoughts on Economics and the fate of the nation Following all the excitement and glitter and glamour of the election have you noticed how suddenly boring politics in…
The “dismal science” is producing some real doomsayers these days. Doomsayer-ness is, of course, directly proportional to the amount of personal income (including stock options, executive jets and golden parachutes…
Ever wonder where does all that wealth goes when the hundreds of billions, perhaps trillions just “go away”? Well the big boys at Bear Stearns, Merrill Lynch, Lehman Bothers and…