Every week more nations get COVID-19 under control, slowing its growth rate. After COVID-19 comes the hit to the world economies. Will it be a deep or shallow decline? Of long or short duration? Will we handle it well or poorly?
Summary: The history of gold-based currencies, from Newton to the Great Depression, warns us that they are no panacea. If not carefully structured they can destroy an economy in extremis by preventing radical monetary easing. This is part two of two looking at gold-based monetary systems, the theory and the history. See part one here. …
What would a gold-backed currency do to America? Read More »
Summary: Bad decisions often transform a crisis into a disaster. Sometimes bad decisions are unavoidable. Today we’ll look at two episodes of the past, mining them for useful lessons for us about leadership. Contents Introduction Learning from the Titanic Learning from the Great Depression Looking at responses to the 2008-2009 crash, and the crises that …
The Titanic’s lessons for us about the coming economic crisis Read More »
Summary: Previous posts have discussed our perilous situation and how we got into this predicament. Let’s take a step back and ask why we are here. The says much about where we’re going. Contents We’re living on a volcano Let’s look at the volcano How big an eruption might we get? What can we do …
The global economy is sitting on a volcano. What happens next? Read More »
Summary: Each campaign season brings complaints about the quality of the candidates. Why such a poor selection, unlike what we see at Best Buy? Read this for an answer, proven by history.  I tweaked this, as comments suggested that the inital version was unclear. “Have you ever stopped to consider that there is a difference between ideals and …
Why do awesome people – like us – have such inadequate leaders? Read More »
