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    Politics / democracy, elections, Paul Krugman, plutocracy, Sanders /

    An Actual Election?

    February 1, 2016

    Well kind of. If you count a caucus as an election. So here we go, the 2016 presidential election gets under way with something more than hyperbolic news reporting. Sometime in the next twenty-four hours we will have hyperbolic reporting tinged with actual voter information. All the preamble, which feels as if it began in […]

    Economics / GDP, Hayek, plutocracy /

    GDP and Other Complex Numbers

    January 20, 2016

    When investment advisors want to justify their expensive and ineffective advice they look for red herrings to batter their clients with. One such example surfaced in, of all places, Pieria last week. It was an article sourced from Schroders about how misleading GDP is  as a measure of economic wellbeing. The article is one of […]

    Economics / economic theory, information, Karl Popper /

    Lamppost Afterthoughts

    January 12, 2016

    Notes from the cutting room floor: Lest anyone be mistaken I am aware that we live in a world of models. Everything we do can be described at some level of abstraction as a model. Our entire ability to live is based upon modeling. Our various systems and bodily functions are models. That is these […]

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