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What the Hell is an Economy?
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The 11th Function of Government
In reference to the government paying able-bodied people not to work , I previously claimed that “ the cold, hard truth is that this is the worst economic decision that a society can make.” The logic is obvious. Not only does such a policy diminish the percentage of the population that is economically productive, is also discourages those that are working, that are trying to make ends meet. Why would this not result in a downward spiral of productivity, and a gradual reduct
Jan 53 min read


Economic Thoughts on our Aviation Eco-System
In response to the lack of Air Traffic Control (ATC) paychecks during the so called “government shutdown”, there were once again calls to “privatize” the ATC . That we should follow Canada’s lead on this one and create a separate, financially independent entity to manage the flow of our nation’s air traffic. As the owner & operator of an aircraft (N123PJ), and as an active instrument rated private pilot who relies on a well-functioning ATC for flight safety, here are my thou
Dec 16, 20259 min read


The Imminent Disruption of Higher Education
While there are many secondary reasons why people choose to attend college (parental pressure, networking opportunities, future name dropping, etc.), primarily it is, or should be, an investment of their time and money. With the ROI being an enhanced education, certified with a degree, that will open otherwise closed career doors and eventually enhance their future earning potential. For a bachelor’s degree, the average time invested is 4.5 years. The money invested is the
Nov 13, 20255 min read


Economic Metrics as a Percentage of GDP
GDP (Gross Domestic Product) is an economic indicator that measures the total value, in local currency, of all goods produced and...
Jul 4, 20254 min read


Trade Deficits, Tariffs and Reserve Currencies, Oh My!
Time for a deeper dive into these three related topics. Let’s start with the relationships established in my prior blog : 1. If a...
Apr 7, 20254 min read


An Introduction to Trade Deficits and Tariffs
Countries have been trading for a long time Our planet is economically non-homogeneous, with an uneven distribution of just about...
Mar 27, 20255 min read


The Decision that Must not be Made
Is the Federal Government's well running dry? Let’s start with a quick high-level review of the federal government’s 2024 finances: Total...
Feb 16, 20255 min read


Economic Decay by Millions of Cuts
I would rather we learn from Argentina’s mistake instead of repeating it. A hundred years ago, Argentina was one of the wealthiest...
Dec 1, 20244 min read


Will Interest Rates Ever Be Low Again?
On Sept 18, with breathless anticipation accompanied with much fanfare, the Federal Reserve revealed to the universe that it was...
Sep 23, 20242 min read


Democracy is Not Enough
It sounds quite noble for the Democrat Party to claim that it is “protecting democracy,” but given that the super majority of us are...
Aug 7, 20245 min read


Economics Explained Using a Simple Graph
For most people, economics usually comes across as a hot mess of equations, graphs, acronyms and talking heads. Which is why over the...
Jul 3, 20244 min read


Why and How Capitalism Works
Several years ago, U.S. nuclear power was politically dead. The consensus was that it was both too dangerous and too expensive, leaving...
Apr 23, 20246 min read


What’s Up with Interest Rates?
Why are they not going down? Are they not contributing the present slowdown in the housing market as mortgage rates once again exceed...
Apr 19, 20244 min read


It is Time to Drop the Pedal Requirement
E-bikes looked like this 20 years ago In my prior post I questioned just how "free" is the PEV market... A competitive, well-regulated,...
Feb 14, 20244 min read


Low-Cost Personal Electric Vehicles are Ready to Deploy Now
We just need to make cities PEV friendlier In my prior post I claimed that not only will the BEV rollout be very expensive, but that much...
Feb 14, 20243 min read


Fully Electric Vehicles are Not the Climate Solution
The Economic Cost is not Sustainable A year ago I posted a blog entitled “Micro-Mobility is an Economically Viable Climate Solution”,...
Feb 14, 20244 min read


Can Javier Milei Save the World?
“Economic freedom, limited government, and unrestricted respect for private property are essential elements for economic growth. This...
Jan 22, 20244 min read


The Covid Spending Spree
I will pick January 1, 2020 as the beginning of the Covid fiscal response. Makes sense to me as it was just a month later when I first...
Jan 1, 20243 min read


Why the Demand for Bitcoin Will Continue to Increase.
I purchased this wine using the Lightning Network, built upon the Bitcoin Network. The stock market is up about 40% in 2023. Not bad,...
Dec 21, 20233 min read


What Drives Elon Musk?
Every 3 hours. That is about how often Elon Musk checks X.com which, in his own words, corresponds nicely with his rate of going to the...
Dec 1, 20233 min read
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