Daily Life over Epochs
If current trends of robots and AIs in the workplace, by 2100, the world may face an unemployment crisis with a majority of discontented citizens,…
Category: Economics
Earning a living, investing for retirement, and understanding how world events impact our living standard.
Lessons Learned about US Economy
More than half of our wealth depends on the social fabric, trained workers, clear property rights, and stable government.
Inflation, Fed Funds, and Economic Lags
A year after the last Fed's increases, its effects finally land and provide a final suppression to economic activity.
Bond Duration, Fed Rate, and Valuation Change
The rule of thumb vastly overestimated the valuation decline.
The Lane Between Wall Street and Main Street
Trickle Down gave Wall Street $100B lesser tax burden in the first year. It kept $91B. Wall Street trickled down $9B to Main Street.
Bitcoin, should it be in your portfolio?
Updated Dec 19, 2022. Bitcoin trades at $16,700., down from $60,000 in early 2021.
Company Pension Rule of Thumb
A good rule of thumb for a snapshot analysis: Years of coverage equals asset balance divided by net outlay.
Good For One
A single action may seem good for us, but if everyone does the same, the result is bad.
Cost of Tea Party
There will be large dislocations for an extended period before the benefits of a smaller government are realized.
Invisible Hand
When media analysts claim that the free market and the Invisible Hand always arrives at the best answer, try to recall the need for competitive…