Being that I have lots to say and have not had time to formulate it into posts I figured I would just start here.  2006.  Do watch it.  He tried to warn us.   But hey…Now the news media is being threatened too and they are concerned. Figure 1 I keep coming to these words: But don’t […]

Assume I believe in risk-adjusted return on capital. That is, I don’t buy a bond yielding 12% instead of one yielding 6% without first considering that the yield difference is affected by the likelihood of Principal return being lower. (But I will buy the 12% bond if I believe the risk premium is too high […]

by Bruce Webb Over at Open Left they are revisiting the concept of Conservatism and whether it is a coherent philosophy. And after concluding that Conservatives by and large have failed to come up with their own definition proceeded to advance some of their own, that it is about enabling aristocracy, or institutionalizing suffering, or […]

Savvy consumer of the St. Louis Today on line edition points us in the direction Pete Peterson might be suggesting from this post: Debtors prisons might have gone the way of medical leeching and boneshaker bikes, but that doesn’t mean consumers in some states can’t end up in the clink if they fall behind on […]

by Bruce Webb Family values/patriarchy; Property rights/inheritance; Public order/tradition; External defense/xenophobia. Taken individually and in combination I think they serve to explain the essential unity of the various divides of modern conservatism into paleo-Cons, neo-cons, social values Cons, religious Cons, and perhaps most for my purposes the alignment of top level economic strata: bankers and […]