economics

Jan
28

Consumerism in a 250 Year Old Country

There’s a quip from the historian Will Durant, that a nation is born stoic and dies epicurean. (Location 538)
Jan
28

The Tragic Irony of Inflation

Inflation = printing money. Period. Prices are measured in dollars. If we create too many dollars, that causes the value of
4 min read
Jan
27

The Root of All Evil

The general theme of these findings is that the idea of money primes individualism: a reluctance to be involved with
1 min read
Jan
27

Plans Are Best Case Scenarios

“Plans are best-case scenarios. Let’s avoid anchoring on plans when we forecast actual outcomes. Thinking about ways the plan
1 min read
Jan
27

The Principal-Agent Problem

The Principal Agent Problem: Only 1.5 percent of the purchase price goes directly into your agent’s pocket. So
1 min read
Jan
27

Windfalls Aren't Always a Blessing

But more money will often not solve the problem. In fact, it may compound the problem. Money often makes obvious
Jan
27

Wealth Gaps Kill Empires

Soon there will be such a horrifying gap between the rich and the poor that chaos will break out and
1 min read
Jan
27

The Price is on the Can Though

The truest sign of inflation in bodegas everywhere 202301071255 we are living in george orwell’s 1984 (View Tweet)
Jan
27

Revenues and Expenses

So while I’m not yet rich, I am wealthy. I now have income generated from assets each month that
1 min read
Jan
27

All Companies Fail, But Some Have Better Reach

I don’t encourage anyone to start a company unless they really want to. Knowing what I know about running
1 min read