Critique of Praise
Did you know that by the age of twelve children believe that earning praise from a teacher is actually a sign that they lack ability, and they need extra encouragement?…
Bank vultures circling Greece
Precious metals are back on the march… Gold is flirting with $1800 and silver is rolling as well. Amidst the surge in PM’s, Zero Hedge reported yesterday that beleaguered Greece…
Hurrah for the Underdog
We are big fans of local organic farming and not just because we are building an organic farm in Panama. Foremost is that it creates community resilience but also the…
How to instill a work ethic
At the beginning of summer vacation when I was 14 years old — the very first day of summer vacation in fact — my mom came into my room right…
Gresham’s Dynamic
Almost forty years before the craptastic Wall Street meltdown of 2007-08, an economist named George Akerlof published an article titled “The Market for Lemons” in the 1970 issue of the…
Riot in Your Head
So as we have been saying for a long time Greece is screwed. There is rioting in the streets and why? Because the government is being FORCED to make the…
Blood, Freedom and Tequila
(I am writing this in an internet café in Mexico with a funky keyboard and no spell check so please forgive any typos) It is interesting how people´s perception of…
The Occupy Movement and Progressive Corporatism
Reader Scott raised a great point recently about the Occupy Wall Street movement. Scott challenged me to point out specific examples of where the Movement advocates more big government. As…
In praise of Alabama?
Alabama has the toughest immigration laws in the country. The laws require police to check the immigration status of any one they detain, stop, or arrest, who they have a…
Status quo bias and what to do about it
I had a really interesting lunch with a friend yesterday… He’s a worldly guy – extremely well-read, brilliant political thinker, great understanding of economics. He’s always fascinating to break bread…