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Olduvai III: Catacylsm
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Bubbles, Balloons, Needles and Pins

Bubbles, Balloons, Needles and Pins M. C. Escher Meeting (Encounter) 1940 It’s no surprise that China has its own plunge protection team -but why were they so late?-, nor that Beijing blames its problems on Trump’s tariffs. GDP growth was disappointing at 6.5%, but who’s ever believed those almost always dead on numbers? It would […]

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The Biggest Ponzi in Human History

The Biggest Ponzi in Human History  Jean-Léon Gérôme Slave market 1866Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth residing in their homes, which are bought with ever growing levels of debt. When interest rates […]

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Leonard Read’s Vision of a Liberty-Loving Government

Leonard Read’s Vision of a Liberty-Loving Government In a dramatic contrast with political candidates’ promises to violate moral principles and other people’s property, Leonard Read recognized that “Nothing is in our nation’s capital except that which is taken from individuals.” In Richard Ebeling’s “This Is What a True Liberty-Loving Politician Would Look Like,” he provides […]

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The Only Real Europe is Greece

The Only Real Europe is Greece Eugene Delacroix Greece expiring on the Ruins of Missolonghi 1826European Commission president Jean-Claude Juncker, famous for his imbibition capacity and uttering -not necessarily in that order- the legendary words “when it becomes serious, you have to lie”, presented his State of the Union today. Which is of pretty much […]

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Having A ‘Retreat’ Property Comes With Real Challenges

TrueActivist.com Having A ‘Retreat’ Property Comes With Real Challenges About that bug-out plan… A flurry of recent headlines has highlighted the financial elites’ interest in secure retreats (a.k.a. bug-out locations) should the trucks stop rolling. That those with the most money and access to expertise are preparing safe havens has moved the conversation about bug-out […]

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Yes, You Do Understand Economics

Yes, You Do Understand Economics The following conversation between my good friend Michael McKay and a friend of his illustrates that we all understand and use economic principles every day. In fact we could  not function without understanding these basic economic principles. Pat Barron The other day I was having coffee with a new friend, a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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