Partisan polarization feels like a fact of life. Media outlets and social media algorithms alike gravitate toward the extremes, so much of what we hear and see confirm this perception. Our political leaders, on both sides of the aisle, appeal to the most radical parts of their base to avoid primary challengers. Common ground is […]
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Transitory: The Fed’s new Dirty Word. A short series on inflation, part 4–Putting it all together.
16 Nov 2021
After months of denying that inflation was a problem (just transitory you see), Joe Biden appears to be finally getting the memo (maybe he’s even reading BATG!?). It was amazing on Sunday seeing some of the Democratic talking head analysts act as if Mr. Biden could just pivot on his message and he could get […]
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I have never really understood my fellow Americans who vote for or against a politician based on their personality. I mean, at some level, you want to vote for someone you’d like to have as your next door neighbor–you don’t have to think too hard to understand why Kamala Harris’s poll numbers are deep underwater. […]
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In part 1 of this series, we looked at a basic macro model of the forces of how supply and demand interact, which can lead to increased price levels. In part 2, we looked at how changes in the money supply can affect the price level. In this blog post, we’re going to think more […]
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I was going to post part 3 of my inflation series, but since no one will read it in the aftermath of the big vote last night, I’ll delay that till tomorrow and instead offer a couple of thoughts on the election. First, the VA results alone are very encouraging, but remember Mr. McAuliffe was […]
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Dune (2021)
26 Oct 2021
Dune is the most immersive and ambitious science fiction film since Blade Runner. Dune is long (2 hours and 35 minutes) and demanding, dropping the viewer into an information desert, crawling to find a voice-over oasis or searching the scorched horizon for an explanatory character to reveal the backstory. Wisely, Denis Villeneuve (who directed and […]
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Democrats Prepare to Own the Coming Inflation
25 Oct 2021
Contrary to the motivational speakers, if you want something bad enough, you’ll do bad things to get it, and get bad results. The Democratic Party is preparing to walk over the cliff with their tax and spend bill, and they will have no escape from the inflationary effects to follow. It won’t matter that this […]
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In part 1, I walked us through the basic macro model of aggregate supply and aggregate demand to show that either increased demand or decreased supply, or both, could lead to higher prices. In this post, I want integrate money into the picture, since I agree with Milton Friedman’s famous dictum, “inflation is always and […]
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A Conflict of Villains
19 Oct 2021
A horrifying police state controls all. Its terrifying power stops anyone who dissents from the correct point of view. Political dissidents are “tried” in a kangaroo court without a jury and sentenced to immediate execution. Propaganda fills the eyes and ears of all from the moment they wake up to their last moments before sleep. […]
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Facebook’s Danger to Democracy
18 Oct 2021
This post is going to take on the task already better endeavored by men such as Neil Postman, Robert Putnam, and Alexis de Tocqueville. My argument won’t be as elegant, but perhaps will serve as a clarifying reminder to our readers or a stab at answering some of the difficult questions posed to us by […]