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Olduvai III: Catacylsm
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We Need to Shut Them Down

May 3, 2020

We Need to Shut Them Down We need to shut them down. Governments that is. At least the ones that cannot pay their bills because of unnecessary economic lockdown orders. I have tried just about everything in these pages to induce politicians to see that they are pushing the worst policies since at least the New Deal […]

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MMT Is a Recipe for Revolution

April 2, 2019

MMT Is a Recipe for Revolution Historian Stephen Mihm recently argued that based on his reading of the monetary system of colonial Massachusetts, modern monetary theory (MMT), which he cheekily referred to as PMT (Puritan monetary theory), “worked — up to a point.” One can forgive him for misunderstanding America’s colonial monetary system, which was so much […]

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The First New Deal Ruined Energy Innovation

February 18, 2019

The First New Deal Ruined Energy Innovation About the only disappointing aspect of Burton Folsom’s New Deal or Raw Deal is that it doesn’t go far enough in its critique of FDR’s rural electrification program. The Roosevelt Institute claims, in all seriousness, that “while 90% of urban dwellers had electricity by the 1930s, only 10% of rural dwellers did […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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