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Humans are herd animals- they seek acceptance by others. Words appear out of nowhere and come into vogue. Adopting usage of these delightful words make people feel “chic.” As long as any claptrap idea is labelled with one or more such words, people are likely to agree with it. A few years back the words … Continue reading
It was Austrian economist Ludwig von Mises that described what he called “Katastrophenhausse.” Roughly translated into English, it is the Boom that sets up a later bust, or “crack-up.” Sort of like an airplane that exceeds it altitude ceiling, loses control, and crashes to the ground. Each crack-up boom is usually preceded by an onslaught … Continue reading
Did you ever notice how an idea can get so deeply embedded in society that thinking the opposite would be impossible? Imagine traveling 500 years back in time to Hawaii, and trying to convince natives that periodically sacrificing a virgin in a volcano would not prevent its disastrous eruption. You would be laughed out of … Continue reading
One of my favorite sayings is, “Today’s welfare state is tomorrow’s police state.” It comes from an observation of nations throughout history. People often ask me why the transition is nearly inevitable, and how it works. The answer is that democratic republics almost invariably go through a progression, with the terminal stage being tyranny and … Continue reading
A YEAR AMERICANS COLLECTIVELY LOST THEIR MINDS One thing separating our species from the rest of the animal kingdom is the ability to overrule emotions by reason. If everything works properly, a human should be able to rationally contemplate an action, and decide whether or not to undertake it based on the likely consequences. Experience … Continue reading
The liberty to present and defend different viewpoints is essential to progress in civilized societies. Many ideas that once seemed unthinkable are now considered fact. For centuries, the earth was thought to be flat, and the center of the universe. Astronomers who believed otherwise were persecuted, only to be later proved right. How much progress … Continue reading
The current viral hysteria provides a fascinating example of variance of human coping mechanisms. Not all humans respond similarly to the same threat and disruption to daily life. It is comical to watch the disparity in reaction between the three very different types of personalities. Without further ado, here they are: The WHAT-ME-WORRY -This Alfred … Continue reading
Effort is needed to maintain life. Our bodies must work constantly to replace dying cells, repair damaged tissue, fight invading microorganisms, and remodel bone for changing demands- to name a few tasks. Without this work, human beings, or for that matter any plant or animal, will soon die. Likewise, to preserve human civilization, work is … Continue reading
Every so often, we need a new “crisis” to overreact to, and waste human and financial capital on misguided remedies. The opioid epidemic is a poster child for scapegoating and misdirected efforts. First, here is the pure fantasy you hear from the mainstream media and politicians: “We have an epidemic of opioid addiction. The main … Continue reading
Three Pillars 