Hedging and the Dollar

Leaving aside those of you who have rushed to gold over the last year or five, are any of our readers hedging against the future value of the US dollar by buying foreign currencies (or something else)?  If so, which ones?  Are any of you betting on the US dollar?  Why or why not? One … Continue reading Hedging and the Dollar

A Return to Drones and NSA Surveillance?

After weeks of media obsession with Senator Cruz, the GOP-forced government shutdown, and the impact on public opinion, the Obama administration’s use of drones and the NSA’s vast surveillance efforts are once again gaining some space above the fold. The Washington Post has an interesting piece on the civilian casualties from drone attacks, reviewing the recent … Continue reading A Return to Drones and NSA Surveillance?

Solar Power and Negative Externalities

This article on the boom in companies using solar power is only one of many I've seen recently on the declining costs and increased usage of this wonderful sun-based power source.   It even has this nice graphic (see below).  One might even be tempted to conclude that businesses are doing good by doing well. … Continue reading Solar Power and Negative Externalities

“Brinkmanship” or “Brinksmanship”?

Interestingly, the latter Google search yields 4.4 million hits, while the former yields just 1.9 million hits, yet the Google search for the latter redirects to that for the former, unless you tell it not to. Apparently, either term is acceptable. I find "brinksmanship" more euphonious, perhaps due to the parallel with "marksmanship."

The Return of Marx?

The decades roughly separated by Reagan’s 1980 victory and the financial collapse brought a greater respect for markets and growing interest in libertarianism.  The financial crisis, in contrast, led to a rejection among many of market-oriented doctrines and a revival of Keynes (in Robert Skidelsky’s words, it marked “The Return of the Master”).* According to … Continue reading The Return of Marx?

Other Californians Facing Health Law Sticker Shock

Not just my brother. From SFGate: They have been paying $7,200 a year for a bare-bones Kaiser Permanente health plan with a $5,000 per person annual deductible. "Kaiser told us the plan does not comply with Obamacare and the substitute will cost more than twice as much," about $15,000 per year, she says. This new … Continue reading Other Californians Facing Health Law Sticker Shock

Support the Troops! – Lincoln-Douglas Edition

Below is a selection from Abraham Lincoln's response to Stephen A. Douglas in the first of their famous Lincoln-Douglas debates (this one occurred on August 21, 1858).  Mark LeBar, and other readers, may find it particularly interesting given his prior thoughts on supporting the troops. Lincoln: And so I think my friend, the Judge, is … Continue reading Support the Troops! – Lincoln-Douglas Edition