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Olduvai III: Catacylsm
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How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year?

How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year? These charts reflect a linear system that is wobbling into the first stages of non-linear destabilization. The widespread presumption is the U.S. is wealthy beyond words, and will remain so as far as the eye can see: wealthy enough to fund trillion-dollar weapons […]

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The Paradox of Risk: Central Planning Is Linear, Reality Is Non-Linear

The Paradox of Risk: Central Planning Is Linear, Reality Is Non-Linear You thought it was safe to drive 90 miles an hour on a rain-slicked narrow road while you were tipsy because the airbag would save you, but it still hurts when you crash. I first discussed the Paradox of Risk in August, 2008, just before the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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