Politics / General
NATIONALISM VS GLOBALISM In the previous notes I have attempted to describe how inflation is measured, how companies react to price increases, causing increased inflation, and how the inflation in the US relates to the inflation in the EU and the world in general....
As I have said, I am not an economist, just an observer and my simplification of how inflation works was intended to put us all on the same page as a basis for this note. I have spoken to two eminent economists whose views are not necessarily the same, but who have...
In my last essay I discussed how increased costs result in increased prices and how those increases in prices are measured by “inflation”. In this note I want to bring us all to the same page on how the inflation measured over the prior year results in increased...
INFLATION GAP (PART 1) This is the first in a group of essays on inflation.I am not an economist, just an observer, and I hope that those of you who are economists will correct my errors and forgive my impertinence. What I have been looking at is the relationship...
In my previous note I tried to layout the importance of basic research as a fuel for commercial companies and their development of new products. Although the ROI on basic research and discovery is huge, it is unpredictable specifically because discoveries are...
“Whether the stone hits the pitcher, or the pitcher hits the stone, it’s bad for the pitcher.” Man of La Mancha I have been thinking about the political adage: “It’s not the revenue, it’s the spending”. The more I look at that statement, the more I have trouble...
The worst legacy of Mr. Trump is his statement to the world that the American System does not work. He has shown that our system permits a President to renege on the word of previous Presidents, himself included. Treaties signed can be revoked. Trade deals like the...
Nobel Laureates endorse Joe Biden81 American Nobel Laureates in Physics, Chemistry, and Medicine have signed this letter to express their support for former Vice President Joe Biden in the 2020 election for President of the United States.At no time in our nation’s...
What is meant by “MAGA”. It is time, I believe to stop fighting the weeds in this American garden and step back and look at what the gardener is attempting to create.Stop reacting to each and every racist tweet and statement that Mr. Trump makes. We already know that...
Once again, simply looking at the data, rather than the rhetoric paints a distinctly different picture than what you may expect. Here is some real data. It comes from these sources: https://www.cbp.gov/trade/priority-issues/pr/statistics...