The Economist proclaims that men are “The Weaker Sex”

Summary: A trend goes mainstream when it appears on the cover of the major weekly news magazines. So it is with the end of men. It's a trend long in the making, now visible to all who care to see. But seeing the past tells us little about the future. What's the effect of this … Continue reading The Economist proclaims that men are “The Weaker Sex”

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The Economist recommends taking the easy path to inflation. But what if it’s closed?

Summary:  If the great monetary experiments underway in Japan and America succeed, then the world will change. Aggressive fiscal and monetary stimulus will become routine, even normal. For better or worse. Already the normalization process has begun by people unaware that in this new century the easy path to inflation has been closed, with as … Continue reading The Economist recommends taking the easy path to inflation. But what if it’s closed?

A poll shows the source of America’s problems

Summary:  More evidence that I'm wrong, that greater public participation will not by itself benefit America.  Decades of learned ignorance (aka intense propaganda) have left us too ignorant.  We're living in dreamland.  Only a crash will restore our awareness of the real world.  China's leaders probably read such articles and smile (or laugh). Fascinating but … Continue reading A poll shows the source of America’s problems

A sad picture of America, but important for us to understand

Looking in the mirror is the first step to growth and reform for an individual and a nation.  Look at this graph.  Compared to other nations we have both a high degree of income inequality AND low social mobility (fathers' and sons' incomes are highly correlated).  This has many consequences, none of them good.  Esp … Continue reading A sad picture of America, but important for us to understand