I hate efficiency. I hate it with a passion. It always seems to drive people into making absurd and dangerous decisions. In a world where the future is unknowable, that is where uncertainty reins supreme, it is a very stupid strategy to attempt to be efficient. Dinosaurs were very efficient. Supremely so. They thus ruled […]

A correspondent – Ken – responded to my recent article about an economics of the absurd by suggesting I have a muddled and not too consistent view of what I mean by reality. I would say he accused me of being vague, but I don’t think Ken is an accusatory sort of fellow. Well now. […]