Perhaps it is worth considering that the monetary system is not based on anything substantial or tangible, and has not been since 1913. Before then the value of the dollar was pretty stable, not so much since. Finally, with a system that is built around monetary manipulation, it only makes sense that those closest to those manipulations will be the…

So, you have a faster, more efficient car, but you don’t know where to drive. Everywhere you try to go, you just end up being disappointed for some reason. You long for the good old days when 99% of people were involved in food production and people had no anxiety (except war, famine, and early death). You want someone to create some meaning for you…

Carrier Air Conditioners, Jobs, and Civic Duty

The story won’t go away. Carrier Corporation, a division of United Technologies (UTC), is closing a factory in Indianapolis and moving it to Mexico. Because workers are paid so much less in Mexico this seems to be a sound and reasonable decision on…

Warren Buffet: US Doing Well

The babies being born in America today are the luckiest crop in history.

American GDP per capita is now about $56,000. As I mentioned last year that — in real terms — is a staggering six times the amount in 1930, the year I was born, a leap far beyond…

3 Reasons We Need A New Economic System

I will start by saying I have no idea what that new system should look like, but it is not a model we have in any country right now.

Right now the most common systems can be simply explained as we trade products and services for money…

Worker Protection Isn’t A One Size Fits All

Legislation surrounding worker protection keeps being added here in France. The idea is that workers rights should increase over time. But should they?

Abuja Is Not In Nigeria

I’ve known this for sometime — Abuja is not in Nigeria.

I recently relocated from Abuja to Nigeria and the difference has been striking, at least on these two points — fuel and light.