Relevant and even prescient commentary on news, politics and the economy.

Populism

Populism has a nice ring; ‘will of the people’ and all that good stuff. So, why doesn’t it ever work? Not even in backward nations? Populism is disastrous in a nation as complex as the United States in times as complicated as these. There’s a reason that it never turns out well. Populism feeds off […]

Exploiting the Stupids: The Intellectual Foundation of Movement Conservatism

Exploiting the Stupids: The Intellectual Foundation of Movement Conservatism  From about the age of 8-12, I read a lot of sci-fi.  Along the way, I stumbled across Robert Heinlein, in particular his novel The Day After Tomorrow, initially published as The Sixth Column.  It was so crudely racist I avoided from then on anything with Heinlein’s name […]

December jobs report:

December jobs report: I told you so – jobs actually declined in December, BUT employment primed for takeoff once pandemic abates Important: There was a huge amount of seasonality in this report. This is common for December, but the issue was greatly exacerbated because of the outsized impact of the pandemic. Take the large changes […]

You’ve Already Seen These Questions

You’ve Already Seen These Questions Why is it that no existing society, nor society that ever existed, has arrived at universal prosperity, considering that in all times, and in all societies, excepting only the very barbarous, a few years would naturally have led to it? How is it that notwithstanding the unbounded extent of capital, […]

An Appointment I Disapprove Of

An Appointment I Disapprove Of  While many of them could be more progressive, given that Biden himself is largely a moderate making moderate nods to the progressive wing of the Democratic Party in his appointments, I have largely been not too dissatisfied with appointments made so far by President-Elect Biden.  My only surprise is that […]

Getting the Shakespearean Part Right

Getting the Shakespearean Part Right  At his rally before the invasion of the Capitol, Trump said to his minions: And after this, we’re going to walk down and I’ll be there with you. We’re going to walk down– We’re going to walk down. Anyone you want, but I think right here, we’re going to walk […]