Gold Standard 2012: A Foolish Folly


Rand Paul and his father, Ron Paul, have many quotes and attributions stating they favor returning to the stable economic days when the United States backed all of its currency with either gold or silver. I think before anyone jumps on this bandwagon to CrazyTown, we need to really examine the Gold Standard. Gold and…

The Complicated Geography of Labor


  Americans are an ignorant lot. Though pained to state this, I believe that by-and-large Americans are pretty ignorant. Ignorance does not mean “stupid,” ignorance simply means, “uninformed.” Lest you think I am above being ignorant myself, I am not. I realize I am ignorant, though, and the more I learn the more I realize…

>Can the U.S. Ego Handle Being #3?


>Willem Buiter, chief economist at Citigroup, says that the United States needs to get ready to be Number 3 in the world, economically speaking. Don’t come after me, email him. It is inevitable, though. Let’s run some numbers. Population of the United States: …. 310,000,000 people Population of China: ………………1,400,000,000 people Population of India: ……………….1,100,000,000…

>As Filthy As We Want To Be


> Regulation. To many people, “regulation” is a dirty word. Regulation can be, when used appropriately, actually a good thing, and a necessary thing. But, Why? Why do I need the government to tell me what to do, or, what not to do? Good question. As individuals, we typically try to do what is best…

>The Parable of The Social Network


>Early this morning, I watched, “The Social Network.” Beside being a great movie, the dialogue, to those really paying attention, offers viewers some clues as to why striving to achieve more is imperative. For those that have seen the movie, remember near the beginning, when Mark Z. is talking with his girlfriend about the number…