Summary: We’ll hear much from Republicans during Campaign 2016 about the glories of a gold-backed currency. Today’s post debunks that with history from 19th Century Britain, when both men and money were hard.  {1st of 2 posts today} “Accursed thirst for gold! what dost thou not compel mortals to do?” — Virgil’s Æneid (29-19 BC). …
Summary: Today we have an essay by Andrew Odlyzko, one of the top polymaths and futurists writing today. He reminds us of the difficulty in accurately predicting the future, and the peril of relying on past successes to solve our problems. The industrial revolution relieved the UK’s crushing debt in the 19th century. As the post-WW2 …
Will 21st Century USA have a surprise boom, as did the 19th Century UK? Read More »
Important and interesting articles and reports published recently about America’s infrastructure. “High Speed Rail Proposals Map“, Matthew Yglesias, ThinkProgress, 21 April 2009 — Cost be dammed thinking from a young leftist journalist. “Infrastructure Madness“, Jack Shafer, Slate, 21 April 2009 — “Don’t believe everything you read about the failing bridges and antiquated waterworks.” “The 2009 Report Card …
Reading Recommendations – about our infrastructure Read More »
