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Olduvai III: Catacylsm
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The FOMC Decision – Studying the Flight of Birds and Gold

The FOMC Decision – Studying the Flight of Birds and Gold Federal Open Yawn Committee puts Kremlinologists all over the World to Sleep … The Fed’s monetary policy statement delivered on Wednesday was the non-surprise/yawn-inducer of the year. Readers can take a look at the trusty WSJ statement tracker, which reveals that apart from a few […]

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The Glorious Imbecility of War

The Glorious Imbecility of War Napoleon Returns Today, on the eve of the bicentennial of the Battle of Waterloo, we do not celebrate war. Only a fool would celebrate something so horrible. But we pay our respects to the glorious imbecility of it. War may be dreadful, little more than a racket in many ways, […]

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How Could the Fed Protect Us from Economic Waves?

How Could the Fed Protect Us from Economic Waves? Making Waves Mainstream economists tell us that the Federal Reserve protects us from economic waves, indeed from the business cycle itself. In their view, people naturally tend to go overboard and cause wild swings in both directions. Thus, we need an economic central planner to alternatively stimulate us […]

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Orwellian Language – the Slide toward “Velvet Glove” Fascism Continues

Orwellian Language – the Slide toward “Velvet Glove” Fascism Continues Sometimes we get the feeling the ruling elites are investing the laws they enact with a kind of impertinent, slap-in-your-face black humor. How else to explain the Orwellian names given to the liberty-crushing laws that have been put in place since the “war on terror” […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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