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)
economics
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