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    Politics / Biden, elections, Electoral College, No-Labels, Trump /

    Back in the Game: It’s Silly Season

    July 27, 2023

    It’s silly season.  The non-stop election cycle here in America is moving into its next phase.  Money is pouring in.  Most people are trying to avoid paying attention.  True partisans are plotting how their preferred candidate can get to 270 — the magical number of votes in the Electoral College America’s antiquated and not at […]

    Economics / economic theory, free markets, price theory, Ronald Coase /

    Leftists are not “anti-market”

    April 29, 2023

    I have been reminded by Tyler Cowen of Bryan Caplan’s simplistic theory of left and right.  It’s short and to the point.  Leftists are, he says, “anti-market”. He is wrong. Leftists are anti-market obsession.  They are anti-market fanaticism.  They are anti-market worship.  Specifically, they are opposed to the form of idealization used to articulate “the […]

    Economics, Politics / bailouts, bank capital, bank liquidity, bank regulation, banking, FDIC, Federal Reserve Board, Silicon Valley Bank /

    Silicon Valley Blues

    March 15, 2023

    The circumstances of Silicon Valley Bank are well rehearsed by now.   The bank sat at the epicenter of the tech-bro start-up ecosystem and played a pivotal role in the collection and disbursement of all the cash that flows through that system.  It was an extremely odd bank.  Unlike the everyday banks most of us […]

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