Hubris is defined by wikipedia as “a personality quality of extreme or foolish pride or dangerous overconfidence, often in combination with arrogance.” Most of the people I know have a bit of a problem with pride and arrogance, especially including the guy I see in the mirror. But most people try to keep that under […]
Archives
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Hubris. Will it cost Mr. Trump a 2nd term?
26 Aug 2019
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Berean Exam #1, Fall 2019. Is Wealth Immoral?
22 Aug 2019
In honor of the start of the new school year, I propose an exam. Read the following article, and without searching online for other reviews (yes there is an honor code!), provide 2-5 short bullets for how you would critique this thinking. Ready, set, go…. Ok, since it’s been five days I’ll share the original […]
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Trump, the Fed and Recession?
20 Aug 2019
Mr. Trump is increasingly worried about the economy as he rolls into his 2020 reelection campaign, as he should be–it will likely determine his victory or defeat. To his political credit, he has so successfully enraged his Democratic opposition that they seem determined to be against anything he might say, and his very victory has […]
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In the topsy turvy world we live in, almost everything that has been considered good is now evil, and everything that was formerly considered sin, is now virtue. We see this in the ongoing sexual revolution, but don’t mislead yourself–it doesn’t stop there. Our political and monetary system* now embraces monetary nonsense as a matter […]
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In a previous post, I cajoled Mr. Trump for his public excoriation of our Fed, yet there is a case for lower interest rates and in a big way. The primary reason is that the yield curve is inverted, and it has been for quite a bit of time. While I have previously argued that […]
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Markets continue to remain volatile from the Trumpian Trade Tirades, as well as his monetary grievance tweets. These problems are not unrelated, although we’ll only get to the former in this post. In today’s headlines, Peter Navarro, Mr. Trump’s pro-trade war economist (yes you can find an economist somewhere for almost any position you want […]
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The Fed’s “sure thing” interest rate cut?!
31 Jul 2019
Later this afternoon, we’ll have the first rate cut (likely by the time you read this). If the Fed doesn’t do it, expect significant market reaction and an explosion from Mr. Trump. You can make a case either way, cutting or hiking. There is global weakness leading to increased monetary ease abroad. If we don’t […]
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Wow is it a good thing that life goes on, barbecues are happening, vacations are refreshing, and many of your Bereans are enjoying some time away from everything political. But like a bad penny that keeps showing up, our escape is cut short when we foolishly look at any news media source and see bad […]
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Can’t we all get along? Part V
15 May 2019
When I was younger, one of the popular songs was “We just Disagree” by Dave Mason. The refrain was, “there ain’t no good guy, there ain’t no bad guy, there’s only you and me and we just disagree.” In our current cultural moment, many want to dial down the rhetoric by having us effectively sing […]
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Can’t we all get along, part IV
03 May 2019
Life with people is always a bit weird; we’re often selfish, crotchety, moody and ungrateful. Yet we’re also sometimes kind and giving and thoughtful and even fun. Aah…the people we get to do life with. Sometimes we think about some of our family and friends, when they’ve done something particularly crazy, and ask “what were […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach