“It’s what you know that ain’t so.” Much misinformation was to be expected at the beginning of the pandemic, because we simply did not know. But now there is quite a bit of data available that ought to be informing our public response. Yet we have systematically wrong understanding of the problem, in large part […]
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I’ve written here and here and here that free markets are most in alignment with God’s plan in a fallen world, and I argue that true private property rights (e.g., the right to not only use but exchange or sell the right to property) leads to the emergence of markets naturally, as we have differing […]
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Standard financial analysis suggests the value of any stock is equal to the present discounted value of its future earnings. Thus an increase in the price of any stock is due to either an increase in expected future earnings, or a reduction in expected future interest rates, or some combination thereof. With today’s close at […]
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California laws are worse than ineffective
16 Aug 2020
In my last blog post, Caleb defended California against my critique, as he’s proud to be a Californian. Now perhaps I was too harsh, as CA has a lot going for it. But I still struggle to see the positive aspects of its progressive legal vision. Today, in advance of starting school tomorrow, I took […]
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Millennials love their Uber, and the sharing/gig economy has been a bright spot for innovative approaches to make cab riding a thing of the past. What’s not to like? Drivers seem to be happy, in that they voluntary agree to work for Uber. Their customers seem to be happy, as they continue migrating away from […]
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“Churches Were Eager to Reopen. Now They Are a Major Source of Coronavirus Cases.” So says the headline of this NYT article. Now I think churches are a risky place for transmission of the virus,* especially through singing. So I’m interested in this argument. Major sounds like churches are a big part of the problem […]
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I can still remember vividly my first conversation about how hard the effects of racism are on African-Americans. It was about 1995 and I was stationed in Colorado Springs. I was a senior Captain, talking with a black major and another white major during a break (perhaps lunch, but it was at the office). This […]
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Oh very young, what will you leave us this time?
13 Jun 2020
So begins Cat Stevens song from the ‘70s Oh very young, what will you leave us this time, You’re only dancin’ on this earth for a short while, And though your dreams may toss and turn you now, They will vanish away like your dads best jeans, Denim blue, faded up to the sky, And […]
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In continuing the discussion of the false dichotomy, I still see the inevitable question from media types (both regular and social) asking basically why doesn’t Mr. Trump edict to the red state yahoos that are not taking this seriously. After all, science must be the arbiter of this decision. I think its important to remind […]
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Is anybody else frustrated at the false dichotomy that is continually talked about of whether we reopen again and when? When the reality is that we must reopen and the question is how? Even in a shut down, which does have remarkably lower economic activity, we still eat, we still consume resources, and those resources […]