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Speculation

Robert Locke’s excellent discussion of the different perspective presented by a tacit-knowledge rather than explicit-driven driven enquiry into economic matters prompts me to reprise my understanding of the purpose of a business firm. Put briefly: a business firm exists to translate what is often called tacit knowledge in to what is called explicit knowledge. An alternative […]

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Spite as Policy

There’s not much to say, but let me say it anyway: Last week Trump simply stopped pretending he wants to make policy based on thought. He revealed, instead, that his primal driving force is to humiliate and stomp on anyone who stops him being in total control. Since Congress failed to deliver a “repeal and […]

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Health Care Front Lines

Health care is the muddy hellhole pocked wasteland of American politics. Forgive my World War One analogy, but its the best I can come up with. We are stuck in mindless trench warfare. The generals sit somewhere off to one side planning the next big futile initiative and the troops — in this case you […]

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