Pirate Gold
The Somali pirates who have been very active in recent months have been asking for dollars, not gold. Moneychangers offer wads of new US dollar notes, the only ...
Author: Will Cox
Two Sets of Rules
I think my major problem with Mosler’s theories is that there are two sets of rules. The second set only applies to the the issuer of the fiat currency. I...
It’s Good to Be the King
I’ve been slowly reading Warren Mosler‘s theories since Zimran Ahmed pointed them out a few weeks ago. They are, to say the least, non-intuitive. Fr...
The Cost of Failure
Over the past month or so I’ve noticed more frequent mention of the cost of failure: what will happen if we don’t do this to save that. Explicit, or...
Lost Friends
I lost touch with my room-mate from Hampden-Sydney. He dropped out after my first semester there, and I ended up with a single for the next year. We did not kee...
Social Networking
I found out today from the Hampden-Sydney group on LinkedIn about a new social networking site for alumni: The Network of Hampden-Sydney College. I applied for ...
The $306 Trillion Bailout Plan
A couple of weeks ago, Zimran Ahmed tossed out the suggestion that the Federal government send $1 million to each person in the U.S. (Though he said “ever...
Christmas Card Preview
Most of the folks on our Christmas card list are off-line. Boy will they be surprised when they see this!
Public Works
I was listening to old shows on my TiVo while I repainted the sun room. NOW reminded me that the amount of money that governments spend on mass transit pales in...
Lies We Learned in High School
For such a smart fellow, you’d think that Matthew Yglesias would not regurgitate the standard economic history of the Great Depression drummed into all of...
Who Stole the Cookie from the Cookie Jar?
I have Firefox set to prompt me to accept cookies, mainly because I don’t like the tracker cookies, and set most cookies to be session-only or denied, dep...
Someone Needs More Crayons
The graphic artists at The New York Times, CNN, and pretty much every other outlet providing maps of the election results need to be provided with more than a p...
Haste Makes Waste
Sandy Levinson, who finds it a horror that our defective Constitution allows the out-going President to stay in office past the election, would not take comfort...
Store’s Open
I’m experimenting with Amazon’s aStore. After all these years of being an Amazon associate, I’ve yet to earn a nickel. I think that has someth...
Maybe I should read things as fast as put them in the pile
Either I accidentally clicked the close box instead of the minimize box, or Google Chrome crashed a whole set of tabs. I suspect the former. Kudos to the idiot ...