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Will The Fed Pick A Winning Combination?

Will The Fed Pick A Winning Combination? It’s highly amusing to read all the ‘expert’ theories on a Federal Reserve hike or no hike tomorrow, but it’s also obvious that nobody really has a clue, and still feel they should be heard. Don’t know if that’s so smart, but I guess in that world being […]

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Once Burned, Twice Shy? Utica Shale Touted to Investors As Shale Drillers Continue Posting Losses

Once Burned, Twice Shy? Utica Shale Touted to Investors As Shale Drillers Continue Posting Losses For the past several weeks, the drilling industry — hammered by bad financial results — has begun promoting its next big thing: the Utica shale, generating the sort of headlines you might have seen five years ago, when the shale […]

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Liberation Is Unprofitable

Liberation Is Unprofitable 12 examples of how liberation is not profitable and therefore it must be marginalized, outlawed, proscribed or ridiculed. If we had to summarize the sickness of our economy and society, we could start by noting that liberation is unprofitable, and whatever is not profitable to vested interests is marginalized, outlawed, proscribed or ridiculed. Examples […]

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With corporate energy, we’re stuck in the dark ages – let’s switch to public ownership

With corporate energy, we’re stuck in the dark ages – let’s switch to public ownership It is clear that Britain has an energy problem. The privatisation and ‘liberalisation’ of the energy market has left us with six dominant suppliers from which over 90% of us buy our energy. 1 in 10 households in the UK are in […]

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Peak Meaninglessness

Peak Meaninglessness Last week’s discussion of externalities—costs of doing business that get dumped onto the economy, the community, or the environment, so that those doing the dumping can make a bigger profit—is, I’m glad to say, not the first time this issue has been raised recently.  The long silence that closed around such things three decades […]

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The Incredible Lies We Are Told About Wall Street

The Incredible Lies We Are Told About Wall Street The corporation has become a financial asset to be manipulated by CEOs and institutional shareholders. Fewer than half of the US population owns a single share of stock and even fewer Americans are in a position to start their own businesses. Nonetheless, at least in rhetoric […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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